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I posted this the other day on a the "What are you working on?" thread, but: >> I'm making something I call "newsbetting" - you get an article stripped of titl
by totemandtoken 6y ago
I posted this the other day on a the "What are you working on?" thread, but:
>> I'm making something I call "newsbetting" - you get an article stripped of title, author, or source information and you have to bet on whether the article is right or left wing based on the content.
>> It's definitely not ready for primetime, but my hope is that I can show 1) it can provide a viable business model for struggling news sources 2) it is possible to change the incentives around our news ecosystem to be less ad-driven and sensationalist. I have lots of other ideas, like integrating social media and cryptocurrencies and allowing betting on something other than political bias, but I have my work cut out for me as is. As I'm not really a developer, I'm using this idea mostly to learn
I think this newsbetting model for a small, select type of content provider offers an alternative to the ad-driven model this author is aggrieved by. My issue with subscription based models is that 1) once you've given something for "free" it is hard to take away and 2) it creates a divide between those who pay for good information/content and those who don't. This ends up exacerbating existing wealth and education inequalities.