Creators Head to the White House šŸ‡ŗšŸ‡²

The Biden Administrations hosts its first Creator Economy Conference

Good morning. Someone made a new tool where you can flip through 12 television ā€œchannelsā€ that play videos from creators in the same niche on loop. Between science, food, and automobiles, which channel would you watch the most? 

Inside The White Houseā€™s First Creator Economy Conference

President Biden (center) meets with over 100 creators on Wednesday / POTUS

On Wednesday, the White House hosted a group of 100 creators and creator industry professionals for its inaugural Creator Economy Conference. Speakers, from deputy Treasury Secretary Wally Adeyemo to President Joe Biden himself, touched on key issues for creators like artificial intelligence and mental health.

Hereā€™s what three attendees shared about the eventā†’

Eric Wei, the co-founder of creator finance startup Karat, described it as a landmark moment. ā€œTo have a president show upā€¦for the first time, recognition for [creators] really matters beyond the transactional, ā€˜Letā€™s film a TikTok together,ā€™ā€ he told us.

Wei also said that Adeyemo spoke knowingly about some of the business challenges of being a creator, such as applying for credit from banksā€”which is one of the main reasons Wei started Karat.

Lia Haberman, a marketing consultant and newsletter creator, told us that ā€œthe White House administration comes off seeming very progressive and in tune with where the average American spends their time.ā€

She noted that while time during the event was limited, she wouldā€™ve preferred if the discussion topics werenā€™t as structured. ā€œSome more freeform conversation would have been appreciated,ā€ Haberman said.

Rohan Kumar, the head of vertical platforms at MrBeast, said that the event ā€œfelt like a first dateā€ where organizers and attendees were getting to know each other for the first time.

While Kumar appreciated the input of leading policy officials, he mentioned that a key perspective was missing: technical experts. ā€œWe were having a conversation about AI, and thereā€™s not, like, a machine learning engineer present,ā€ he told us.

Ali Abdaal Launches a Ghostwriting App

Ali Abdaal (left) tackles writerā€™s block with his new app, Voicepal (right) / Photography by Jesse Leon, Voicepal

Ali Abdaal is attempting to solve the age-old problem of writerā€™s block with his new app, Voicepal.

ā€œThe concept [was] if we can create tools that genuinely help me in my own workflows, chances are they will work for other people as well,ā€ Abdaal told us. ā€œAnd the biggest nightmare in my life was dealing with the blank page.ā€

How it works ā†’ 

  • You record voice notes, and Voicepal will transcribe your audio and ask pointed follow up questions to help you flesh out ideas. 

  • Then you can ask the app to write a draft in the format youā€™d likeā€”such as a script, recipe, article, or LinkedIn post. 

  • Presets let you customize the tone of voice and train the app on your own content so the writing sounds like you.

Abdaal has been building the app over the last eight months with a team of product developers and designers and testing it with 3,000 creators and tech engineers. It saw early success in beta, with 96% retention in the first month and 1,000 users paying around $9/month (so the app was making $9,000 a month prior to launch). 

Now itā€™s available for free on Appleā€™s App Store, with a Pro option for $10/month.

ā€œI love the idea of building a holding company where we have multiple profitable businesses underneath it,ā€ Abdaal said. ā€œOne would be our YouTuber academy, our Productivity Lab, my media team, Voicepal, Odyssey (another app weā€™re working on)...and a relationships app weā€™re potentially going to build. I would have 100% ownership in some of these businesses and a 20% stake in others.ā€

Worth noting: The AI app sector generated $1.8 billion last year and is estimated to grow to $18.8 billion by 2028. Abdaal says the goal for Voicepal is to make $1 million in annual recurring revenue by the end of this year.

Are We at Peak Newsletter?

Newsletters as a creator platform are on the rise / Sarah Grillo / Axios

Last week, business and culture writer Emily Sundberg published a newsletter that sparked conversation among writers and creators about what it means to be a professional ā€œwriterā€ monetizing your work.

The details: In her newsletter, Feed Me, Sundberg argued that platforms like Substack and Beehiiv are doing to writing what Instagram and YouTube did to photography and videographyā€”making it more accessible for anyone to publish and monetize. That comes with pros (more people willing to pay for writing) and cons (more writers who are hard to ā€œtell apartā€ and ā€œmonetize their diary entries,ā€ as Sundberg put it).

Weā€™re curious to hear what you think. Is more widespread monetization of writersā€™ work a good thing? Or have we reached a tipping point toward too much?

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šŸ”„ Press Worthy

šŸ“šļø Thank You For Pressing Publish

The content weā€™re looking forward to reading, watching, and listening to this weekend.

  • Read: The New Yorker profiles Matt Rife, the 28-year-old comedian whose career took off on TikTokā€”and now balances sold-out shows with blowback for his controversial stand-up act. 

  • Watch: Jordan Studdard tells a science fiction tale of a sentient phone that learns to have a conscience. 

  • Listen: Post Malone goes country with his star-studded new album, F-1 Trillion.

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