The Dire, Bullshit Economics of Twitch Creators
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The Dire, Bullshit Economics of Twitch Creators
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Re: The Dire, Bullshit Economics of Twitch Creators
#2Damn. 0.117% of twitch streamers making even 15kUSD a year is rather bleak in terms of calling it a potential career.
Re: The Dire, Bullshit Economics of Twitch Creators
#3The post ends with the term “fishpilled”, which I have never heard before and cannot find a definition for. Anyone have a definition?
Re: The Dire, Bullshit Economics of Twitch Creators
#4Describing the shove sellers as LARPing content creation is very incisive. Funny how often the most successful are often selling "how to sell/create" or some fictional image of creation.
Re: The Dire, Bullshit Economics of Twitch Creators
#5Describing the shove sellers as LARPing content creation is very incisive. Funny how often the most successful are often selling "how to sell/create" or some fictional image of creation.
even the word "creator" these days often means someone making a podcast/youtube channel/mail list, instead of... you know someone who creates things those people talk about (engineers, film makers etc)
Re: The Dire, Bullshit Economics of Twitch Creators
#6The post ends with the term “fishpilled”, which I have never heard before and cannot find a definition for. Anyone have a definition?
“fishpilled” means take in the wisdom of the late Mark Fisher
Re: The Dire, Bullshit Economics of Twitch Creators
#7A somewhat disingenuous article discussing a problem as old as the entertainment industry and painting it as Twitch being somehow uniquely exploitative.
> I hope I convinced you to mentally categorize the average hard-working streamer’s career hopes accurately — well into the lottery ticket territory.
98% of channels on Twitch aren't monetized. They don't get revenue share because they don't generate any revenue. The bar for monetization on Twitch is very low. So low that "the average hard-working streamer" should be able to meet it pretty easily. Among monetized channels the percentage making minimum wage is closer to 1.5% - very low, but not what I would call "lottery ticket territory".
It's also worth noting that at the time of the leak about 50% of active channels on Twitch were about a year old. It takes years to start seeing any sort of "real" money from entertainment, and that's not unique to streaming. The chart in the article showing distribution of earnings seems to show a pretty typical power distribution, which is to be expected in entertainment media.
Re: The Dire, Bullshit Economics of Twitch Creators
#8Damn. 0.117% of twitch streamers making even 15kUSD a year is rather bleak in terms of calling it a potential career.
What is the percentage of musicians or actors or comedians making over $15K per year?
Re: The Dire, Bullshit Economics of Twitch Creators
#9A somewhat disingenuous article discussing a problem as old as the entertainment industry and painting it as Twitch being somehow uniquely exploitative. > I hope I convinced you to mentally categorize the average hard-working streamer’s career hopes accurately — well into the lottery ticket territory. 98% of channels on Twitch aren't monetized. They don't get revenue share because they don't generate any revenue. The…
Thanks for sharing your critical thinking. These kinds of puff pieces get eyes, but are pretty deceptive.
Re: The Dire, Bullshit Economics of Twitch Creators
#10Damn. 0.117% of twitch streamers making even 15kUSD a year is rather bleak in terms of calling it a potential career.
What is the percentage of musicians or actors or comedians making over $15K per year?
probably not much better, but as the article points out, influencer/streamer is now the most popular future job in the eyes of many kids.
"People have always invested incredible amounts of their youth into pursuing dead-end career choices. But we deserve to do so for the right reasons and to channel our creativity towards better goals."
These new platforms are unique in that they give a widespread young audience the idea that this is some sort of ordinary career. Nobody ever believed that about comedians.