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I spent five minutes reading the article, another several minutes to contemplate if I've been pranked by the "new york times", then spent another minute feeling
by niuzeta 10y ago
I spent five minutes reading the article, another several minutes to contemplate if I've been pranked by the "new york times", then spent another minute feeling... lost.
The auspicious "New York Times", to me, would have a standard to present more inquisitive spins into story like this. What a shame. I was waiting for the punchline then realized at the end that the punch was thrown, just never registered.
To summarize this article, it starts off with a claim that Amex executives are worried that Chase is taking more "young professionals". Then the article discusses why that happens in this paragraph:
> A credit card, mystifyingly, had suddenly become cool. And what really got under Amex executives’ skin was that Chase was succeeding by, essentially, copying the American Express playbook and chasing the same up-and-coming elites who had traditionally joined Amex’s ranks.
"mystifyingly" being the key word here. There is no investigation, no speculation, no data gathering, no journalism. There is a claim that a Chase card "seems to be gaining preference" in the young professionals crowd. Why is this a thing? Why is Chase being preferred over Amex? Is Chase even actually being preferred over Amex? Is there a poll, at least?
The only paragraph that attempts to answer any of the questions is this disjointed one in the middle of rambles:
> “The message we send is, this isn’t your father’s credit card,” said Pam Codispoti, who created the Chase Sapphire Reserve after 18 years at Amex. “For millennials, travel might mean taking an Uber to a hole-in-the-wall restaurant in Chinatown, and then riding the subway to karaoke, and then catching a taxi home. So we’re going to give you accelerated travel points on all that. This is a card for accumulating experiences.”
Other than that, there's no presentation of facts, but a rambling of speculations and hearsay. I feel as if I've been served an advertisement for Chase on thin veil. Do I have to start vetting articles from the "New York Times" for quality too?
How disappointing.