5 ms·
> A for-profit model is just not compatible with the nature of social media. I agree and would add that the same argument stands for the traditional press as w
by Hoasi 6y ago
> A for-profit model is just not compatible with the nature of social media.
I agree and would add that the same argument stands for the traditional press as well.
- salmonfamine 6y agoI think before the advent of mass-media it probably worked reasonably well. A subscription-based revenue model seems to work ok. I think a reliance on advertising is what has pushed things to the degenerated state we have now. And social media has practically dictated that reliance.
- Hoasi 6y ago> I think a reliance on advertising is what has pushed things to the degenerated state we have now. And social media has practically dictated that reliance. True, but the press relied on an advertising-based business model right from the start. That, in hindsight, was not such a sensible choice.