> For people profiting from that economy, of course. For everyone else? Not at all.
How else can such a site exist, grow to such scale, and not fall over if it doesn't make money?
> People would absolutely pay for social media if the product was good enough. In fact, I believe we're heading towards that future[1].
People won't do this. A very very small percentage of people will do this. Time and time again that's been proven to be true. Which is fine, but the globally connected social media could never have existed by charging every person on Earth.
Mark my words, paid search will not overtake free search. The people who value paid social media over free social media enough to actually pay are always going to be a very small minority (albeit well represented in this forum)
How else can such a site exist, grow to such scale, and not fall over if it doesn't make money?
> People would absolutely pay for social media if the product was good enough. In fact, I believe we're heading towards that future[1].
People won't do this. A very very small percentage of people will do this. Time and time again that's been proven to be true. Which is fine, but the globally connected social media could never have existed by charging every person on Earth.
Mark my words, paid search will not overtake free search. The people who value paid social media over free social media enough to actually pay are always going to be a very small minority (albeit well represented in this forum)