I think we really need microtransactions. Pay $0.05 to read this article? Sure. Whoever figures out the infrastructure for that (seems like it would be right up Stripe’s alley) is going to make trillions.
Even infamous telco billing is more palatable than microtransactions. France’s Minitel system let services bill based on time spent on a page. That’s easy to use compared with having to type in your Apple password once again to pay $0.99 or even approve a $0 app because some parents blamed their kid for buying thousands of dollars of virtual game currency.
Driving away lucrative advertising, replacing with much less sustainable premium subscriptions. Then there's cutting the moderation and safety teams to the bone.
I thought everybody hates advertising, no? Let's do a thought experiment and imagine Elon brought more advertising on Twitter. Everyone would bullshit on him for that. In reality, we have the opposite situation. There is less advertising. On top of that, ad revenue is now being shared with creators. What's bad about it?
This is kind of a selling point to me, I can’t use Facebook any more because the obscene number of ads.
His two examples are Twitter and Reddit whose ad revenue is dying because those two companies have made huge blunders. Elon seems to almost actively be killing Twitter (which the poster even states). Reddit screwed Apollo and then many of the most popular subreddits protested and did things like show porn on otherwise usually SFW content to prevent Reddit from showing ads and thus killing their profits. Those are big…
His two examples are Twitter and Reddit whose ad revenue is dying because those two companies have made huge blunders. Elon seems to almost actively be killing Twitter (which the poster even states). Reddit screwed Apollo and then many of the most popular subreddits protested and did things like show porn on otherwise usually SFW content to prevent Reddit from showing ads and thus killing their profits. Those are big…
The real issue IMO is that users do not understand that ads pay for their apps. They don't want to see ads and the ads they do see they want them to be uninformed and general. They want everything free. This just encourages subscriptions. Which we're seeing become more and more common.
Reasonable ads are fine. Its when we go to websites that have ads that make the website load 100x slower, roll video content, and other shitty behaviors made people go to ad blocker. Simple ads really didn't bother anyone. Advertisers destroyed the ad economy themselves by allowing really shitty behavior. Even google search is a joke with the number of ads you get with a single search. Sometimes i see more adds than results.
Everyone understands that ads pay for sites. You can want something for free while still understanding how adverts work.
Honest question: how can you expect stuff for free without ads?
Linux, github, open source games/office suites/tools/etc, fediverse, irc, free cloud compute... You can live comfortably online for free without adds if you stick to the free/os world.
Is he still the richest twat in the pot? I would have thought his liabilities would have taken their toll on his net worth. Hair plugs can get pricey.
Yes. Elon is still the richest person on the planet. If you thought otherwise, you might want to reconsider your understanding of how wealth is both preserved and accumulated ¯\_(ツ)_/¯
> how wealth is both preserved and accumulated
By shifting your debts on the company you bought with that debt, so other people take the risks of his failures.
He also threatened to "thermonuclear name and shame" advertisers who paused spending. https://www.businessinsider.com/elon-musk-name-shame-adverti...
That was a sarcasm. I should have stated that he doesn't care as much as other companies. Elon, being the richest person on the planet, is uniquely positioned and has a competitive advantage. He can risk losing ad revenue to achieve his goals - minimize censorship and create a super-app.
Easy to say if you are not the target, especially from a guy who called others pedo guy
His two examples are Twitter and Reddit whose ad revenue is dying because those two companies have made huge blunders. Elon seems to almost actively be killing Twitter (which the poster even states). Reddit screwed Apollo and then many of the most popular subreddits protested and did things like show porn on otherwise usually SFW content to prevent Reddit from showing ads and thus killing their profits. Those are big…
Have adds been getting worse? Adds I get in the last 3 years have been way too good for me, so my personal experience has been the opposite (or maybe not? Definitely makes me want to buy more stuff). I guess I’m easily targetable
The official reddit app has an add every 4 posts i swear.
His two examples are Twitter and Reddit whose ad revenue is dying because those two companies have made huge blunders. Elon seems to almost actively be killing Twitter (which the poster even states). Reddit screwed Apollo and then many of the most popular subreddits protested and did things like show porn on otherwise usually SFW content to prevent Reddit from showing ads and thus killing their profits. Those are big…
Even the pre Apollo saga, reddit ad revenue was nowhere close to facebook. Same with twitter, before Musk its ad revenue is not good. And both platforms are now trying to emulate facebook with heavy control on the app and the API.