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It will be interesting to see what happens when the shattered US economy fully hits the end of its cash infusion rope. Many unemployed people are jumping on th
by shostack 6y ago
It will be interesting to see what happens when the shattered US economy fully hits the end of its cash infusion rope.
Many unemployed people are jumping on the creator bandwagon created a supply glut and also a noise problem.
This will drive down prices and what people are willing to pay, particularly as people's ability to pay for anything in general craters if the jobs don't come back.
There will probably be some companies that make a quick buck selling the dream to those investing their last few dollars trying to eek something out, but perhaps we will also see some disruption of the models and general content creator and curator space.
- joncrane 6y agoI find this prediction very plausible. The economy contracted by one third this past quarter. Many will lose the ability/willingness to pay $100/mo to 18 different content creators. The "get rick quick" scams will proliferate. Will there be any positive outcomes from this economic tumble?