But it feels strange that we basically settled with the paywall as the only viable business model for written content on the internet. A model that is at odds with how the web is structured and set up economically:
The internet is still so young that it’s still momentous to see a social network of some scale and lifespan suddenly lose its vitality. The regime change to Elon and his brain trust and the drastic changes they’ve made constitute a natural experiment we don’t see often. Usually, social networks are killed off by something exogenous, usually another... See more
What was most interesting to me, though, was Dorsey’s comment about helping people manage paywalls. One of the biggest challenges to the subscription economy is the tension between leveraging social media to acquire new customers — which like social media itself, requires content that is free to access — and the fact that running a business means a... See more