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Twitch Hack of 135 GB of Data Includes How Much Its Biggest Streamers Make

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Re: Twitch Hack of 135 GB of Data Includes How Much Its Biggest Streamers Make

#121

Earlier quoted context omitted.

This is really an upside down take. 1) The skill/ability curve is going to look really consistent with the earnings curve, just like in anything, similar to sports. 2) 'Creators fund' is marginal - having a few extra dollars for a microphone is not going to bring in more viewers for a stream. Far from 'false economy' it's probably something akin to very efficient. If there is inefficiency, it's about who is highlight…

People at the top of the pay scale are being paid an obscene amount of money for similar quality work that goes unpaid in many cases. From that they can hire teams of others to push their brand further. In order to compete, others need to go into debt just to be able to keep up. In order to admit that the highest paid streamers fairly made it to their current levels of obscene payment, it would be a lot more believab…

Again I think you've misunderstood the dynamics of this micro economy.

'Obscene' is a superlative not hugely relevant here unless you start with calling pro-athletes and actors getting paid 'millions' as 'obscene'.

Twitch streamers have even considerably lower barriers to entry than athletes or actors. In the later case, probably 1/2 of well known actors are born into the industry. Athletes work through a selective system that is gamed so is the workplace.

On Twitch - people are paid literally in donations from viewers, there are no powerful layers of value chain here, which is a very powerful signal of valid intent on the part of those being entertained.

Twitch Entertainers is possibly one of the most free, open and fair markets going.

Once again: your hints of 'money to pay people for promotion' isn't valuable foremost because 1) 'marketing' exists in all professions (actors have agents, press people, managers and work in a highly controlled system of promotion and 2) those activities are scant and not powerful. Nick Merc is not paying big bucks for marketing, and it wouldn't get him anywhere anyhow.

"Technically most of the contributing creators should be paid and promoted by the platform equally," - no. They should be promoted fairly - which they are. Obviously there is some incumbency in that more popular people get promoted more, however, there's ample opportunity for long tail discovery.

The truth is (and this is a very key understanding) most creators are not creating interesting content. Full Stop.

"The inequality reflects on our current societal problems as well." - no, there's little parallel here.

"The level of labor and efforts in being a platform user and a creator are very high," - this is not relevant. Nobody cares how much work or effort goes into the content creation. They want to be entertained with good gameplay or charismatic personalities, and that's it.

"Even very talented creators don't stand a chance of being recognized " - totally the opposite. They have a very good chance of getting some viewers, and if they have something people want to see, more will tune in.

The reality is, like everything in life - 'most people are not good at it' and the eyeballs are going to veer towards the more talented streamers.

Frankly, I think they get paid too much, I'm glad they get paid something but I'm not going to give them my money.

That said, the system is pretty good. A lot of people making a living out of playing video games, and a lot of people seem to be entertained by that.

Re: Twitch Hack of 135 GB of Data Includes How Much Its Biggest Streamers Make

#122

Earlier quoted context omitted.

Uncle celticninja: "But celticninja you make so much money and I'm on a fixed income, can't you just loan me some, remember when I got you that hot wheel when you were six?" I told my dad what I made, he messed up and told my mom, my mom told her brother and now this guy I haven't seen in a couple of decades is begging me for money. He showed up at my house once to beg and then got mad because he had spent the last o…

So tell him no

This is what I don’t get - lots of people resist just saying no. If you’re well off financially and someone refuses to hear your answer then you’re in a proper position to exile family members. The only thing stopping you from exiling them is yourself.

Cut toxic people out of your life!

Re: Twitch Hack of 135 GB of Data Includes How Much Its Biggest Streamers Make

#123
post #94
post #67

And someone was really quick to make this: https://www.twitchearnings.com/

Is there any support for the claims on various reddit threads that the figures represent maybe half or less of actual earnings? Not sure if maybe it's only subs not tips, or only ad revenue not subs....

[deleted]

Re: Twitch Hack of 135 GB of Data Includes How Much Its Biggest Streamers Make

#124

I lament the fact that we need hacks like these to know who makes how much money. In countries like Norway, that kind of data is publicly available. It makes for less second-guessing and less suspiciousness. It always struck me as weird that the American Dream can best be lived in Scandinavia

The irony here is that the true American Dream is less oversight, less governance, less laws, less restraint, and more freedom/trust. Most Americans just want to live and let live.

> Most Americans just want to live and let live.

As long as certain other people are never near them. It’s really not a live and let live kind of place.

Re: Twitch Hack of 135 GB of Data Includes How Much Its Biggest Streamers Make

#125

Earlier quoted context omitted.

A lot of people make the marginal taxes prior to Reagan argument but seem to dismiss, either through lack of knowledge or purposeful removal, the fact that prior to Reagan there were an incredible array of tax loopholes that lowered the effective tax rate, regardless of the stated tax rate. The effective tax rate for the highest earners right now is not all that different than it was from the 50's to the 90's. The th…

I'll take your word for it (I'm in the lack of knowledge camp), but I don't see this as an argument for not raising the marginal (and if we do it right, effective) tax rate on the very wealthy.

It's not. It's a counter to the justification of 'we did it before.' We didn't, not really. If you want to raise the marginal tax rate now, it needs to have its own justification independent of historical marginal rates since it's not an apples to apples comparison.

Re: Twitch Hack of 135 GB of Data Includes How Much Its Biggest Streamers Make

#126
post #68

Earlier quoted context omitted.

All my friends have STEM or business degrees and I'm pretty sure I make 2-6x more than every one of them because I work at a top paying software company. I don't want to talk about that.

The notion that you earn 6 times more than your peers is also absurd. You dont work 6 times as hard/much and your time isn't 6 times more valuable than your friends. In my ideal world everyone made the same amount of money since we are all equal. Then you would get your software degree to avoid collecting garbage or wiping old people in a nursery home. Now think of CEO's making 100x other people

Why? I probably do produce more than 6 times value. Their work only impacts one individual customer at a time whereas mine scales to over a billion customers.

They can retrain and join my megacorp if they want reducing the supply for their job and increasing it for mine which should theoretically reduce the pay gap.

Re: Twitch Hack of 135 GB of Data Includes How Much Its Biggest Streamers Make

#127

Earlier quoted context omitted.

By what logic does that imply that the States should raise taxes on the rich? The States are doing so much better than the rest of the world economically that we should follow the American example, not vice versa.

China is also doing so much better than the rest of the world economically, should we adopt their system?

Are they? It's not the best metric but China's GDP (PPP) Per Capita is about $16,400.

Contrast this with the US at $60,235.73 and Germany at about $51,000.

Re: Twitch Hack of 135 GB of Data Includes How Much Its Biggest Streamers Make

#128

Earlier quoted context omitted.

> population group x seems to be the source of this wealth Here's a fun thought experiment - if Jeff Bezos (actually Andy Jassy nowadays, but that just proves my point further) suddenly vanished, how many orders would fail to be delivered tomorrow as a result? Literally none. Now suppose everybody else working at Amazon disappeared instead. What happens? The company ceases to meaningfully exist. So who really created…

Actually, the answer to your question is 100% of packages will be missing. Jeff Bezos (and I’m no fan) the hungry entrepreneur only went through the massive life disruption of starting a company because of the possibility that he might one day become Jeff Bezos the (m/b)illionaire. Take that juicy end state away and suddenly you’ll have nobody willing to go through the decades of hell it takes to create these big com…

> nobody willing to go through the decades of hell

Nonsense, Jeff Bozos has never been through "hell", since he only started Amazon with the help of venture capital. It was more work than a normal job, yes, but was not torture nor even something he disliked doing.

Re: Twitch Hack of 135 GB of Data Includes How Much Its Biggest Streamers Make

#129

Earlier quoted context omitted.

You're getting a bunch of replies about different interpretations of the "American Dream" - interpretations that are not at all consistent with either the mainstream concept or the historical one. Typically the "American Dream" has been centrally about freedom of opportunity, independent of social class or circumstances of birth, and the resulting possibility for upward social mobility through hard work (e.g. America…

Who would be in first here? As an aside (mostly to add some perspective around Scandinavian comments), my Swedish friend moved to America and became a citizen exactly for this version of the American dream. As far as he's concerned, it's FAR more difficult to become wealthy in Sweden.

Well, the main issue here is social mobility - most importantly escaping poverty and becoming middle class (and also not falling back into poverty), not just becoming wealthy. As has been stated elsewhere in these comments, there is enormous selection bias regarding those that choose to immigrate to the US from other developed countries in an effort to "become wealthy."

With this in mind, generally speaking the US does not do particularly well on social mobility in relation to most other developed country, this includes the Scandinavian countries, the other anglophone countries, and western/central European countries... And, honestly, it really should surprise no one that social programs (including things like high quality public/affordable education and universal healthcare) improve social mobility for the poorer half of society.

Re: Twitch Hack of 135 GB of Data Includes How Much Its Biggest Streamers Make

#130
post #50

Earlier quoted context omitted.

> If you want pay transparency to fight pay inequality, then anonymized pay based on role / job title should suffice. It does not suffice. We mostly do have this data in the US and wealth inequality keeps deepening. The only purpose of the salary taboo is to keep rich people rich.

> The only purpose of the salary taboo is to keep rich people rich. While it is part of the motivation, calling it the only purpose is just hilariously wrong, completely lacks any nuance/empathy, and a single case of something existing outside of the "only purpose" statement proves it wrong immediately. My brother ex-communicated my dad because he wouldn't stop hounding him for money. My brother became wealthy at a y…

Your dad is a product of the salary taboo. The salary taboo creates a weird societal emphasis that associates a person's worth to their income, hence to certain kinds of narcissism.
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