Re:100 million dollars to reshape the economics of the web
by manigandham on Monday September 16, 2019 @07:39PM
(#20989635)
What makes advertising a failed experiment exactly?
It's currently the only sustaining model for 95% of digital content and has created at least one trillion dollar corporation. That's the opposite of failure.
1. Gift economy (you give it away, take likes) 2. Goods and Service economy (you charge for it, sufficiently to make a living) 3. Advertising economy (many people want it but not many willing to pay for it) 4. Tipping (not a viable economic model, unless it's made compulsory and a minimum is set in which case it's not tipping)
1 & 2 have been with us since the dawn of human civilization.
3 is a modern invention and to many it is a failed experiment.
Just observations, no answers