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In a perfect market, the profits tend to zero. This is a basic idea in Economics, and can be seen in any area of work that gets 'democratized'. Whether that's g
by elevatedastalt 3y ago
In a perfect market, the profits tend to zero. This is a basic idea in Economics, and can be seen in any area of work that gets 'democratized'. Whether that's good or bad can be debated, but the outcome isn't very surprising.
Apart from a few (0.01% or lower) content creators, most do NOT have very distinctive content. In economic terms it's a commodity market, and therefore it's not surprising that it pays similar profits.