Podcasting is drying up because the money left. Everyone went all in on podcasts on 2020. Spotify bet the farm on podcasts. Money poured in. Marketing bros realized there's only so many mattresses and underwear you can sell through the format and left.

You really can't serve personalized ads through podcasts. The relevance of what you advertise can be about the topic of the show (that is, marketing to the type of people who would listen) or the location of the listener. Pretty much every other signal gives you nothing interesting you'd be about to decide "yeah they're a potential good customer". Spray and pray.

The money left. People realized they couldn't justify the time and money they pour into podcasting. It turns out, even if you weren't expecting to make money, you really hoped people would listen. Not enough, because podcasts faded and people discovered TikTok. No more waiting for your favorite show to drop: everything is your favorite show. If you get bored just scroll up.

Lots of folks are still making it work. But a lot more people are going into podcasting with a more deliberate approach. People are doing it because they think it's important, not because they think people will listen or because they want to get rich. I'd argue that some of the best podcasts ever made have come out in the past 2-3 years, but if you're not giving the median listener the thrill of the first season of Serial, they don't listen past the first episode or two.

I have the exact opposite problem with podcasts that the author details: I have too many that I want to listen to and not enough time. There are so many people whose opinions and perspectives I value that I will never be able to consume them all consistently. From deep dives into Roman history, miniseries on foreign policy, sports, politics, film music, there are so many people sharing their passion with the world and I want to hear it all.

But finding those people takes work. Yeah, there are a ton of losers out there with nothing to say who put out popular content, but that's not unique to podcasting. YouTube, Reddit, hell the entire internet has that problem.

Stuff like this reads to me like someone wants the internet to be happy fun time that only ever gives me an endless supply of good things to consume and filters out all the bad.

Maybe the content was better in those days, but as an outsider I'm not too keen on going back. I prefer my friends as separate people.