Re:How I make $400 a month in Passive Income by Self-Publishing
by coldtea on Monday October 24, 2016 @06:21AM
(#12777728)
>At the current expected payoff, soon every schmuck will be uploading his book. Quality won't matter. Eventually the torrent of content for consumers will be more than consumers can hope to consume, and the expected passive income for a given creative person will go to zero.
I disagree.
There is no a priori "expected passive income for a given creative person". Some creators might have such expectations of course, but they are make believe unless they are validated by actual sales.
There's only what the consumers actually deem appropriate to spend on one's works.
Besides, everybody believes they are the ones that have the merit in a meritocracy. Even when they produce objectively crap, or maybe good stuff that's not to the tastes of the general public.
>The thing all these sites have in common is that they promised to be a meritocracy for creative types.
Well, here's the main issue. Meritocracy in the book market, whether Amazon or physical books, is not based on the merit of quality (which can be subjective anyway), but on the sole merit of "consumer preference".
Which is also the reason why most of the people would first buy a "Star Wars" box-set rather than, say, a Kurosawa one, or buy Robert Ludlum over Graham Green.
>Go to the app store. How much stuff is in the new section? How much looks good.
More of it looks good than what I can follow/download, or even have a use for (because not everybody has the same use cases). E.g. for mobile painting there are at least 5 excellent apps. I don't have a use for another 100, even if they do exist.
I disagree.
There is no a priori "expected passive income for a given creative person". Some creators might have such expectations of course, but they are make believe unless they are validated by actual sales.
There's only what the consumers actually deem appropriate to spend on one's works.
Besides, everybody believes they are the ones that have the merit in a meritocracy. Even when they produce objectively crap, or maybe good stuff that's not to the tastes of the general public.
>The thing all these sites have in common is that they promised to be a meritocracy for creative types.
Well, here's the main issue. Meritocracy in the book market, whether Amazon or physical books, is not based on the merit of quality (which can be subjective anyway), but on the sole merit of "consumer preference".
Which is also the reason why most of the people would first buy a "Star Wars" box-set rather than, say, a Kurosawa one, or buy Robert Ludlum over Graham Green.
>Go to the app store. How much stuff is in the new section? How much looks good.
More of it looks good than what I can follow/download, or even have a use for (because not everybody has the same use cases). E.g. for mobile painting there are at least 5 excellent apps. I don't have a use for another 100, even if they do exist.