15 sats \ 2 replies \ @TheBTCManual 20 Aug 2023 \ on: Over 98% of Facebook's revenue comes from advertisements. meta
Yeah Google and Meta have tried so many things to diversify from advertising, but it is the cash cow that keeps on giving, normies don't want to pay directly for stuff, they've been sold on everything must be free and subsidised by their purchases to 3rd party advertisers.
I don't see ads going away anytime its so entrenched in the way the internet works today
There have to be protocols utilized by platforms and new software that prevent it from being the cash cow for social media / content creation sites.
It won't be an easy transition, but we're in the dark ages until we take ownership of our content and its monetization.
reply
Protocols are one thing incentives are another, what would be the incentive for the average person/masses from protecting their data/not giving it up to social media?
If they are already willing to hand it over for vanity metrics they can sell on secondary marketplaces to advertisers, most people think free access to these networks are worth the trade-off
reply