The Death of the Creator Middle Class
letters.byburk.net
The Death of the Creator Middle Class
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Re: The Death of the Creator Middle Class
#2That is why the top gets heavier and the bottom spreads out.
Re: The Death of the Creator Middle Class
#3Re: The Death of the Creator Middle Class
#4I think there is a flaw in thinking that "Creators" have some intrinsic value. The reason the middle gets pushed out is correct in this article but it is missing an important point: there are too many creators. That is why the top gets heavier and the bottom spreads out.
Re: The Death of the Creator Middle Class
#5Look at Seattle in the 90's, NYC, early San Fran, etc., the before real estate prices skyrocketed or 17th and 18th century enlightenment post-plague, when massive amounts of the rich died and the wealth became more evenly distributed.
I feel like real estate prices, inequality, and inflation truly squander the intellectual wealth of the poor and middle classes and it hurts the human race as a whole.
Re: The Death of the Creator Middle Class
#6Re: The Death of the Creator Middle Class
#7Re: The Death of the Creator Middle Class
#8Re: The Death of the Creator Middle Class
#9I think there is a flaw in thinking that "Creators" have some intrinsic value. The reason the middle gets pushed out is correct in this article but it is missing an important point: there are too many creators. That is why the top gets heavier and the bottom spreads out.
Although I think the article is really hinting at a larger problem than just creators. The problem of the power law distribution - few winners taking all vs the losers in the long thin tail. Sometimes it's not an entirely meritocratic distribution, quality doesn't always rise to the top.
Re: The Death of the Creator Middle Class
#10Super piece. Well worth reading. I keep wondering if there's some structural economic fundamental that disperses money the way it does. Is the dispersion purely a consequence of the attention economy? Probably, but I'm guessing. Engagement and outrage always sell, but so does visibility, and how one becomes visible. I guess that's come down to advertising, brand, and the platform algorithms that present the content a…
This creates a monopolistic economy where top content creators can create slightly "better"/more viral content at a multiple of the cost, and starve out smaller creators.