This matters, it affects what audiences get served and which creators can make a living. And, honestly, I havenβt even considered that there might be a different way.
5. Algorithmic feeds are failing: StumbleUpon helped me start to understand, almost at a humanistic level, how vast the internet could be. TikTok often yields a similar result, though with a key difference. On TikTok, almost all videos trend toward a kind of visual consistency and repeatability. Silly voices or bits of speech become βsoundsβ, to be... See more
The social media platforms solved distribution but forgot monetization... Art got roped in with information that was βsupposed to be freeβ. It was common for new distribution channels like Instagram, Vine, Snapchat, and TikTok to launch and even scale with no native monetization features. Most creators werenβt selling physical media like CDs or get... See more
One reason this is personally interesting to me is that I sense a comparable network happening here at Substack, where a huge amount of the value created is flowing to the creators. Now, it's true Substack authors don't participate in the enterprise value of Substack, Inc, but theoretically that could be part of the package through more traditional... See more