ShortFiat on Nostr: Content creators are at the mercy of centralized platforms, which take the majority ...
Content creators are at the mercy of centralized platforms, which take the majority of revenue for themselves. These platforms, holding a monopolistic position with network effects, have created "sticky" customers who are difficult to detach.
On the non-Nostr web, creators must pander to the whims of these platforms, as they can easily be replaced by countless others. This imbalance of power has led to tech giants becoming the world's largest companies, while the incomes of creative artists have been devastated over the last 20 years.
Published at
2024-08-09 23:32:47Event JSON
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"content": "Content creators are at the mercy of centralized platforms, which take the majority of revenue for themselves. These platforms, holding a monopolistic position with network effects, have created \"sticky\" customers who are difficult to detach. \n\nOn the non-Nostr web, creators must pander to the whims of these platforms, as they can easily be replaced by countless others. This imbalance of power has led to tech giants becoming the world's largest companies, while the incomes of creative artists have been devastated over the last 20 years.",
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