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The Gig Economy Is Failing. Say Hello to the Hustle Economy.
The recent history of the Internet, however, warns that we shouldn’t necessarily expect the endearingly homegrown nature of these 1,000 True Fans communities to persist. When viable new economic niches emerge online, venture-backed businesses, looking to extract their cut, are typically not far behind. Services such as Patreon and Kickstarter are j... See more
Cal Newport • The Rise of the Internet’s Creative Middle Class
How the Passion Economy Will Disrupt Media, Education, and Countless Other Industries
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The American Dream is Going Digital
The American Dream is Going Digital: The Land of Opportunity is the Internet This tweet went viral. As one might expect, the responses ranged from despair over a lost generation of youth, to proclamations that China would inevitably overtake the West as the leading superpower. Some ascribed ...
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In the past few years, startups like Substack, Patreon, and Shopify have created alternative ways for creators to build businesses online through direct transactions, rather than advertising. This shift exposed a simple fact: in an ad-driven world, creators were generally under-monetizing their audiences.