I've written about this for years and am always given reasons why it can't happen. I keep wanting to pay to read, but there is no way I am entering my information ten times a day and trying to remember to cancel or pay 17.99 per one alluring article etc.https://twitter.com/cd_hooks/status/1260995103864348674 …
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In practice, this means any pooled system for small payments is captured by the intermediaries and only 5% of most popular content sees any money, while everyone else is told to make do with exposure
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I think calling it "cognitive" is unfairly dismissive, and that dismissiveness is more fundamental to the problem than it is a "cognitive" problem. Managing millions of micropayments is fundamentally complicated. It could be made superficially simple, but that takes lots of work.
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That is: it's a real, large logistical problem. The "cognitive" component is dismissing the logistical scale of it.
End of conversation
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Do you have some pointers to read more about this? I also wonder if music and magazines are easier to solve because 90% of them are published by the same few large companies, whereas newspapers are (I assume) more independent.
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