Peter Kafka

Recent Posts by Peter Kafka

GM Doesn’t Like Old Media, Either

Earlier this week, GM said it wouldn’t buy any more Facebook ads. Today’s news: It’s not buying any Super Bowl ads, either.

As The Wall Street Journal points out, this isn’t the first time the carmaker has taken a pass on the game — it also bowed out in 2009.

But the news adds some context to the earlier Facebook news. GM is overhauling all of its ad spending plans, so if you’re a Facebook bull you might find the carmaker’s high-profile sub easier to stomach.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work