greg
@gregfromstl
There is no demand for “getting paid to create content” on social media platforms (or blockchains for that matter). 1. Every other social media platform has thrived with no user incentive to post besides an audience. An audience is a better incentive than cash! You can sell whatever you want to an audience. This excludes YouTube which requires significantly more effort to create content on. 2. Not everyone can be a “content creator”. Content is infinitely reproducible and sharable, meaning the top 1% will get 99% of the attention. There’s no longer a local musician in every town. There’s a select few for the whole world. The whole thing is a massive grift to inflate usage and content that no one will ever see.
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Leeward Bound
@leewardbound
i think im fully aligned with you but i have a devil's advocate perspective - consider the sports industry, especially the hs->college->pro pipeline - do you think the odds/payouts/success-rates are comperable? if it's 1% of content creators, do you think more or less than 1-in-100 hs sports players make it to pro? if you're a mediocre high school student with poor job prospects, is the EV better on the basketball team or on Instagram? if you choose to go into sports, what's your life look like after the brief career? how does this compare to your long term prospects as an influencer? i have considered this many times and i think the 1% number definitely sucks and fools a lot of people, but, on the whole, i think it's a better job opportunity than being a pro athlete
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greg
@gregfromstl
1% is a massive overestimate tbh. It’s probably much lower and higher competition than pro sports. Every 12 year old wants to be Mr Beast when they grow up The point isn’t the EV though, the point is most high schoolers play sports with no expectation to ever go pro. They do it because they enjoy it or to meet friends or because their parents made them. Instagram is the same, most people use it with the understanding they will never be a famous influencer. SocialFi tries to tell you that everyone can earn a million bucks just by being a user. It’s just a sad lie to prey on users
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