Danica Swanson on Farcaster

Danica Swanson pfp

"...the "Creator Economy" does not actually reward creators... it only rewards ATTENTION creators! [...] 'value' plays no role in this equation..." ~ @abundance Good take, and well-written as usual. Two hopeful notes to add: 1) For those who haven't already read it, I recommend "Curator Economy, Not Creator Economy" by @tombeck.eth. (See the comments for the link). Great piece on how curation labor can unlock value to four inter-related publishing roles involved in community value creation: writers, curators, readers, and preservers. 2) Real recognizes real. Those who create real value for the community may stay under the radar for a long time (because their casts get buried by the algo, they don't have impressive follower counts, etc.), but when their peers do find their work through word of mouth, they recognize quickly that "this is someone who's doing the work in earnest." In any event I agree with @abundance about the need for clarity about the difference between what he calls the "Tokenized Attention Creator Economy" and an economy that actually sustains and rewards creative people.

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From Tom's essay: "...think about all the users across the 90-0-1 ratio; to figure out how to share a platform's overall value with all its contributors, big and small. In the creator economy, this means rewarding readers and curators alongside creators." "Our digital systems generate noise and there's little the algorithms can do about it. We need curators—good curators—who can help us navigate these noisy waters and promote positive signals." "Only then can we possibly build a creator economy that isn't just predatory. That doesn't just promote the top one percent of creators. For vibrant creative scenes to function, the value must flow to all four roles. Good work must be created, and it must be identified, amplified, and stored for the future. Only then can you create an environment favorable to readers, which increases the value of the entire scene." "Strong curation is the missing piece. It produces better readers—and better writers. It unlocks the value provided by both creators and lurkers. It creates digital platforms worth spending time on." https://paragraph.com/@driftless/curator-economy

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@thecurioushermit

I'm good at creating attention, not as good at *sustaining* it over a period of time. So I end up with boom and bust cycles.

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