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Breaking Down OnlyFans' Economics

matthewball.co

681–690 of 878 posts

Re: Breaking Down OnlyFans' Economics

#681

Earlier quoted context omitted.

Why should there be a national minimum wage? Cost of living varies so much, it is impossible to derive a figure that is reasonable for the highest cost of living areas and the lowest cost of living areas.

Not only is it basically impossible to do a national minimum wage fairly, it is completely antithetical to our system of government. We are a federation of states, not a centralized national government that runs everything else. I wish people would stop trying to make the US something it isn't and was never meant to be.

The states have a lot of leeway in how they run things, the federal government is there to make sure the system stays in some sort of accord.

They do this by offering emergency relief funds for natural disasters, interstate highways for trade and economy, and all manner of things.

I think a federal minimum wage makes sense in this system, ensuring that the people of Tishomingo, Mississippi have the same fundamental buying power as the people to Los Angeles, California instead of them earning $1 an hour because it's comparatively cheaper to live in Tishomingo.

Raising the federal minimum wage is also a good way to decrease old debt, deflate the value of stagnant money (increasing the likelihood that the money moves, improving the economy) and to temporarily boost the financial status of the poorest and most disaffected.

In an age where no one working minimum wage can afford the cheapest 1 bedroom apartment without an extraordinary stroke of luck or some sort of financial dispensation, someone needs to do something and it needs to come from on high.

Re: Breaking Down OnlyFans' Economics

#682

What I find fascinating/disturbing with OnlyFans and in some way with Twitch and streaming in general is more the client side than the creators. Here are basically people paying, and paying a lot, for parasocial relationships. Because clearly it’s not about the content per see which is a dim a dozen and available for free in trove. I think it says something quite dark about our society as a whole that we have basical…

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Re: Breaking Down OnlyFans' Economics

#683
post #518
post #497

Earlier quoted context omitted.

It not only doesn’t require interaction, the lack of interaction is what makes is parasocial.

So like, movies are more para social because they have less interaction?

Well movies, tabloids and radio/music were the original mediums used to study parasocial relationships in the 50s.

Whether it's more or less parasocial than live streaming has more to do with quantity and access than it does the specific form of media.

Re: Breaking Down OnlyFans' Economics

#684
post #657
post #494

Earlier quoted context omitted.

1: is it? Why would the established platforms not get that boost instead? I don't find this very self explanatory, do explain :)

Just guessing, but OF's social interaction (or "interaction", if you will) with creators was more appealing whilst we were all starved for human connection.

There's various places where you can talk directly with the person offering their services though, that's not something OF newly introduced to the internet -- if that's what you meant by their "social interaction" since I haven't used OF so could be missing a detail

Re: Breaking Down OnlyFans' Economics

#685

Earlier quoted context omitted.

Why should there be a national minimum wage? Cost of living varies so much, it is impossible to derive a figure that is reasonable for the highest cost of living areas and the lowest cost of living areas.

Not only is it basically impossible to do a national minimum wage fairly, it is completely antithetical to our system of government. We are a federation of states, not a centralized national government that runs everything else. I wish people would stop trying to make the US something it isn't and was never meant to be.

Not sure where you're getting that idea. Maybe there is some niche case law out there that I'm unaware of, but I can't even think of an example of state law voiding federal law.

Re: Breaking Down OnlyFans' Economics

#686

Earlier quoted context omitted.

Fair point. The reason I don’t think only playing with the band counts is: in a hunter gather tribe 70,000 years ago, did everyone sing all of the songs all of the time? Or did some people just listen, at least some of the time? Practically speaking I think it must have been the latter. Of course there are lots of unnatural aspects in live music still, like too many people, too loud, etc. But recorded music is wholly…

> Practically speaking I think it must have been the latter. This assumes music was made as a performance. Music can be (and i argue probably mostly was) people jamming together. Musician and audience are blurred in this scenario.

Agreed, that's my experience growing up in a family where we regularly sang songs together casually as part of parties. It was less about listening to one performer and more about being part of the performance. Same still happens today with things like choirs - people are in it for singing with others, not for the eventual public performance. It's a very social activity.

Re: Breaking Down OnlyFans' Economics

#687
post #518

Earlier quoted context omitted.

So like, movies are more para social because they have less interaction?

You can like Ryan Gosling and catch every movie he's in. But if you're buying a tabloid so you can see photos of him getting coffee at Starbucks, that's parasocial.

It is also parasocial if you just like Ryan Gosling and watch all his movies. You still have one-way feelings for a personality. It is just that it is not pathological.

Parasocial relationships are not bad per se. Let's say you are thinking about Donald Knuth when working on a computer science problem, nothing bad here, taking inspiration from the leaders in the field. But it is also a parasocial relationship, it is like imagining Don Knuth next to you, helping you solve your problem, even though he has absolutely no idea about who you are. It is a one way connection, but here, it is actually productive.

Re: Breaking Down OnlyFans' Economics

#688
post #281

> The company counted an average of only 42 employees in 2023, down from 61 two years earlier. During the year, it generated $31MM in net revenue per employee (13-28x that of Amazon, Apple, Google, and Microsoft) and $15.5MM in operating profit (27-560x). This is the wildest part. One company that is proving all the "why does need 10000 engineers?" takes true.

They mention having hundreds of contractors. Just because workers aren't full time employees doesn't mean they don't work for the company. Construction and sales are often done by "independent contractors". This reduces the requirements for the employers, working around many labor laws like overtime and paid leave. Google is known for doing this a lot.

Re: Breaking Down OnlyFans' Economics

#689

Earlier quoted context omitted.

That's a fascinating perspective. I wonder if there was any pushback when recording was first introduced? A quick search shows... of course there was! https://www.newyorker.com/magazine/2005/06/06/the-record-eff... https://archive.is/PDR04

Kurt Vonnegut wrote in a couple of places about how recording and mass reproduction destroyed the social (and monetary) value of small-time creative or artistic-expression talent, like knowing how to play the piano OK or being a pretty-good singer or dancing decently well, or being a quite good (but not top 0.1% good) storyteller, or being fairly good at sketching people. Took social, and perhaps making-a-living valu…

Really thoughtful comment. (An upvote was not enough :-)

Re: Breaking Down OnlyFans' Economics

#690

Earlier quoted context omitted.

And your women in tech won’t be SWERFs last two decades all the representation was sex worker exclusionary, fighting for a libidoless morph of the corporate world, talking over and on behalf of any women that thought or acted differently glad that was temporary booth babes and atmosphere models coming back soon

Id make sex work legally equal to other work. Of course a consequence of that would be the engineering boss can ask the team to pole dance, and if they refuse they can be fired as easily as they could be for refusing to take out the trash.

Although intended to be a hyperbolic example, pole dancing isn't sex work and will likely achieve that kind of representation for other reasons
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