This is why the data-extraction model beats the service-provision model: few Americans will pay $100 a year for social infrastructure. If we believe Flickr's price point, $25/year, is viable and we want service provision to win, regulations must add $75/year for data extraction.https://twitter.com/hautepop/status/983841072559386624 …
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Replying to @Dymaxion
I wonder how it changes the calculation that only a small percentage of folks paid for Flickr
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Replying to @kellan
It makes things notably worse. I'm guessing the average non-coercive, non-ad-driven revenue achievable per customer for social infrastructure in the US is maybe $10 a year.
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The achievable revenue might only be $10/yr/user but the achievable expense at scale is less than $1/yr/user.
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How low you can get the operating cost of the service per user.
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Replying to @RichFelker @kellan
Is the wrong question. Because the market cares about how high you can get market cap, and making and spending a lot per user is rewarded.
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Yes, capitalism is the underlying bug here.
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