Peter Kafka

Recent Posts by Peter Kafka

Airbnb Is Good for Lonely People, Says Barry Diller

Airbnb is primarily additive. I don’t think it’s stealing much share from urban hotels. I think it’s serving people who didn’t travel because they were scared, or couldn’t afford it, or use it because it’s an antidote to loneliness. A room in someone’s house is not as valuable as a room at the Helmsley.

IAC’s Barry Diller, whose portfolio includes both Expedia and Match.com, talking to Bloomberg Businessweek


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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