I feel the same burning hate like a thousand suns for FB/Meta, Google/YT and other platforms that monetize their users. But, let's be frank here: They monetize you and me, us, the users because 1 they can and, 2, they have to. Yes, they have to. Imagine they provided access to their platforms for free. How would the shareholders (your retirement funds included) respond when less profit was made? You see, we view them…
Great point, in the 90s people used to spend a fortune (relatively speaking) on taking, sharing and discovering pictures, consuming media and getting their news. Now everyone wants everything for free, but won’t give anything in return. And they also want market returns on their stocks, 401ks, etc at the same time. That being said, Meta/Google could implement a guaranteed privacy-first, ad-free option for something l…
A premium model also eventually creates two separate products. The free product is (at first) built for the needs of the users to attract them and get enough volume to support an advertisement model. Then, it is gradually built and focused toward the needs of the advertisers. That gradually shifts over time once the company has captured the market on both sides (this is a two-sided marketplace after all) to optimizing for the needs of the company. It’s harder to achieve this final end goal if you have a product that is optimized for the needs of the user, because you don’t have a two-sided marketplace anymore that can be exploited on both sides. Collecting money from businesses (advertisers) in bulk and providing them support can be easier and less costly than managing millions of premium users and supporting them.