Well I’m no economist, but I seem to remember that paying out profits requires… *checks notes*… profits
With them getting rid of the block festure supposedly, why not just go further and straight up remove people’s ability to choose who they follow?
You can’t censor someone simply by blocking them from showing up on your own personal experience of a given platform.
The comments are all shitting and memeing on this but it’s actually concerning because… money. This is going to make Xitter seem more attractive for people to join and harder for people to migrate off to open platforms like Mastodon, thus giving Muskrat and big tech more control.
Youtube has the monopoly they do because of their easy monetization and algorithm and we all know the kinds of things Google is doing these days to abuse that position (WEI, blocking ad blockers, forcing watch history). I’m worried, because of big tech’s power to negatively affect society, and for the people that will be drawn into this because they desire money and fame. It’s a negative feedback loop that’s becoming harder and harder to break.
Nah, it’s just going to fill it with shitty content churned out by people using AIs trying to make a quick buck, ripping apart any value it had remaining. It’s a desperation move with no concept of what effect it will have because Musk really doesn’t understand the social digital space.
X will run out of money to give cause it’s a shit platform. Money can’t fix this problem
Snap used to give out literally millions every single day to Spotlight creators, and in the early days, some people were making hundreds of thousands of dollars off a single viral post with dozens and hundreds of millions of views
They still failed to make a dent in Tiktoks market share
the thing about youtube that we all know, is that it is very feasible to make money off of it. like it definitely isn’t just producing videos at a soul crushing pace for pennies in the vain hope that you can go full time while also working your equally soul crushing day job for an employer that at least pays you enough to make rent.
When will this type of guy go away