I have an idea that could be worth billions, & I'm giving it away for free
8 comments
Many listeners of podcasts are doing so while multi-tasking. Text based would be requiring direct attention that I don't think would win over the vast majority of people.
You're right. I got this from AI.
Based on research, a significant majority of podcast listeners—up to 94%—multitask while tuning in, with about 59% doing so regularly. Podcasts are often chosen because they allow listeners to consume content while their hands and body are occupied with other tasks.
But even 6% to 41% of the market is still alot.
Based on research, a significant majority of podcast listeners—up to 94%—multitask while tuning in, with about 59% doing so regularly. Podcasts are often chosen because they allow listeners to consume content while their hands and body are occupied with other tasks.
But even 6% to 41% of the market is still alot.
This is true. I would also think about more reasons people listen to podcasts and try to work through how this would also translate to a text based platform. Compelling storytellers, interviewers, and experts I would argue also command a top percentage of listeners with their charisma. While this is definitely possible through text given the existence of other written media, I think it would be harder to convey in a similar context as that of a podcast.
What would be the competitive advantage of your idea over a compelling web magazine or newsletter with a built in comment/chat section?
These are some of the questions I would ask and try to prove.
What would be the competitive advantage of your idea over a compelling web magazine or newsletter with a built in comment/chat section?
These are some of the questions I would ask and try to prove.
How is that different from a discussion forum?
Also, I think it's pretty normal to listen to podcasts when you're actively engaged in another activity like driving or cooking, and that's probably a big reason behind their popularity. You can't do that with a text-based chat, unless there's someone to read the text to you...in which case I think everyone would choose to hear it in the speakers' original voices.
Also, I think it's pretty normal to listen to podcasts when you're actively engaged in another activity like driving or cooking, and that's probably a big reason behind their popularity. You can't do that with a text-based chat, unless there's someone to read the text to you...in which case I think everyone would choose to hear it in the speakers' original voices.
You have chats like in WhatsApp, then you share these chats like Youtube videos. People then read & comment on these chats.
so, IRC/Slack/Discord ...?
No. You have chats like in Whatsapp, then you share these chats like Youtube videos. People then read & comment on these chats.
This is easily a multi-hundred dollar idea, thanks
It's an alternative to podcasts, & better because people can think better reading & writing instead of listening & speaking.
https://www.grandviewresearch.com/static/img/research/podcasting-market.webp
The podcast market size is projected to reach 130.6 billion dollars in 2030.
https://www.grandviewresearch.com/static/img/research/podcasting-market-share.png
Roughly 3/4 of podcasts can be done better as a text-based chat than as an audio-based chat.