I think you are taking a very interesting spin on the situation and leaving out many factors; notable blowing up advertising revenue to the tune of several hundred million dollars per year in exchange for a program that is now pulling ~30M/year.
Twitter booked ~$4b/year in advertising revenue before Musk.
I wonder how such forms would be filled out these days, in response to ideas like these?
> suddenly its a trend
How many people do you know that are paying for social media? I personally know none.
There will always be a subgroup of people that will pay for social media, either because their work pays for it or because it is crucial enough for personal reasons.
I am happy to pay for social media if there is zero tracking and zero advertising. However, so far advertising is way too lucrative, so this won't happen.
No. It just means there isn't a trend of people buying ferraris.