Earlier quoted context omitted.
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…
If giving people the choice of an ad-free premium subscription was more profitable, they would do it. The issue with doing that is the users who pay are also the most desirable audience for advertisers. 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 gradu…
My question is, what’s your solution?
The shareholders/stock market (largely represented by the board) will replace any CEO who doesn’t employ patterns (dark, fu, whatever) to maximize revenue. And private companies can’t raise capital easily nor can they give Options/RSUs to employees.
We are in the current state due to market equilibrium driven by people’s willingness to pay, and since I personally don’t like meta or Zuck I use Reddit on Brave + Mastodon + Dev.to for my social media dopamine hits. OOP could do the same.
I don’t know how old you are but growing up in the 90s I certainly remember (parents) paying for many of these things we now take for granted. The net negative result is that independent journalism is dead.