AI and contentBoth sides

The cost of content collapsed. Attention didn't.

Supply went up by an enormous multiple and demand stayed exactly where it was. Every other consequence in this pillar follows from that one asymmetry.

Adam Murray6 August 20268 min read
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Two curves. One of them moved.

The cost of producing a piece of content has fallen by an order of magnitude, arguably more depending on what you're counting.

The number of hours a human being will spend consuming content is exactly what it was. Twenty-four hours in a day, minus sleep, minus work, minus everything else. It was never elastic and it isn't now.

That gap is the entire economic story of content right now, and most strategic mistakes being made this year are a failure to take it seriously.

What a supply shock does

This isn't a novel dynamic. It's what happens whenever the production cost of something collapses while demand for it stays fixed.

The average unit becomes worthless. Not bad: worthless, in the specific sense that it commands no attention and no price. There's simply too much of it.

The distribution of outcomes gets more extreme. A small number of things capture most of the attention, and the tail gets very long and very flat. This was already true of content; it gets more true.

The bottleneck moves to selection. When there are ten options a human can evaluate all ten. When there are ten thousand, something has to filter. And whatever does the filtering becomes the most powerful thing in the system.

Anything that can't be mass-produced appreciates. Scarcity relocates, it doesn't vanish.

What this means for a brand

"More content" stopped being a strategy. It was a defensible one when production was the constraint: if you could make four things and your competitor could make two, you won. Now everyone can make forty. Volume is table stakes and table stakes don't differentiate.

Your median post matters less; your best post matters more. In a flat, long-tailed distribution, the returns concentrate. This is the argument for studying your outliers rather than optimising your average. The average is where the value isn't.

The cost of a bad decision went up, not down. Cheap production means you can make forty wrong things instead of four. If your selection process didn't improve at the same rate as your production capacity, you've scaled your error rate.

Distribution is now more valuable than production. An audience, an email list, a channel that reaches people without permission from an algorithm: these were always assets. They're now most of the asset.

What this means for a creator

The apparent conclusion is grim: if anyone can produce content, why hire anyone?

That reading confuses two different things. Producing an asset got cheap. Being accountable for whether it worked did not, and never can, because accountability requires a person who can be held to it.

The market bifurcates:

Commodity execution (turning a brief into a competent asset) competes with a tool that costs almost nothing. That's a bad place to be and it's getting worse.

Judgement, access and accountability (knowing what's worth making, being able to get into the room or the factory or the conversation, and carrying responsibility for the outcome) got relatively more valuable, because everything adjacent to them got cheaper.

The whole of the freelance shift pillar is about how to be on the right side of that line.

The counter-argument, taken seriously

There's a reasonable objection: attention isn't strictly fixed. Screen time has grown over decades, formats get shorter so more units fit in an hour, and consumption has spread into moments that used to be empty.

That's true, and it doesn't change the conclusion. Attention has grown at a few percent a year at most. Content supply has grown by multiples. Against that ratio the elasticity of attention rounds to zero.

There's a second objection worth naming: better matching could mean more of the supply finds someone. Recommendation systems getting sharper does mean the long tail is served better than it used to be.

Also true, and it relocates power rather than solving the asymmetry: it makes the filter more decisive, which is the third consequence above. If an algorithm is deciding who sees what, then understanding what it rewards becomes a core competency rather than a nice-to-have.

The strategic consequences

If you accept the asymmetry, four things follow, and they're uncomfortable:

Making less and choosing better beats making more. Genuinely. The instinct to increase output because output got cheap is precisely backwards.

You need honest measurement more than you need capacity. Capacity is now purchasable by anyone. Knowing which of your forty things worked, and why, is not.

Anything unfakeable is worth disproportionate investment. A real customer. A real workshop. A real result you can prove. Real access.

A defensible position is one that doesn't scale. If your advantage can be copied by someone spending nothing, it isn't an advantage. It's a feature that hasn't been commoditised yet.

Where Acumin fits

The product's premise is the second consequence: when everyone can produce, the differentiator is knowing what to produce and whether it worked.

That's why it reads your content and your category and hands back a decision rather than generating assets. It's pointed at the constraint (selection and measurement) rather than at the thing that got cheap.

The design decision that follows from the same reasoning: it can't invent a number about your performance. In a period where the volume of confident, generated, unverifiable analysis is exploding, the value of a system that computes its figures from real data in code and lets a model only write the prose around them goes up.

That's not a feature list. It's the bet.

How to use this tomorrow

Look at your last twenty pieces and identify the top three by engagement rate.

Then ask: if you'd made only those three and spent the rest of the effort on distribution, would you be ahead or behind?

For most channels the honest answer is "ahead", and that answer is the supply shock showing up in your own numbers.


Related: Taste is the bottleneck now is what the constraint moved to. Outliers, not virality is the method for finding where your value actually concentrated.

Written by
Adam Murray
Founder, Acumin

Adam builds Acumin. He spends his days on the same two problems this library is about: working out what a piece of content is actually worth, and getting a brief through production without it turning into something else.

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