July 11th, 2024

The modern tech economy is based far too on making creators work for free

Creators face challenges in the tech economy, working for free due to high marketing costs and low returns. Diversifying income sources is crucial. Social media alters traditional earning methods, limiting access based on finances. Independent creators struggle against corporate dominance.

Read original articleLink Icon
The modern tech economy is based far too on making creators work for free

The article discusses the heavy reliance on creators working for free in the modern tech economy. It highlights the challenges faced by creators in various industries, such as music, due to the rising costs of marketing and the diminishing returns on their work. The author emphasizes the need for creators to engage in multiple income-generating activities to survive financially. The impact of social media on the traditional ways of making a living is also explored, pointing out how platforms have shifted the dynamics of reaching audiences and generating profit. The article raises concerns about the control and monetization of social media platforms, likening them to watering holes where access is restricted based on financial capabilities. It also touches on the struggles of independent businesses and creators to compete in a landscape dominated by large corporations and influencers. The narrative underscores the challenges faced by individuals trying to make a living in an environment where visibility and profit are concentrated at the top, leaving many creators working for free or at a loss.

Related

Link Icon 2 comments
By @loa_in_ - 3 months
The premise checks out. I imagine the reason we don't hear about it at all is that the perpetrators are comfortable with nobody knowing about it and the victims are too busy trying to create a life for themselves. Unless your career involves blogging and you have some kind of success in that venue, you won't be heard.