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 …
-
-
Replying to @Dymaxion
I wonder how it changes the calculation that only a small percentage of folks paid for Flickr
1 reply 0 retweets 2 likes -
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.
2 replies 2 retweets 4 likes -
The achievable revenue might only be $10/yr/user but the achievable expense at scale is less than $1/yr/user.
2 replies 0 retweets 1 like -
At least 6 nines of their expenses are designing and operating a surveillance/adtech empire not providing the service users signed up for.
1 reply 0 retweets 0 likes -
Replying to @RichFelker @kellan
I'd be surprised if it was more than 80%. And that doesn't take into account that running a subscription service has its own extra costs, like customer service and a different design mentality.
1 reply 0 retweets 0 likes -
If you don't need to make more than $10/user/yr, you don't need a subscription model anyway. You can do fine with non-malicious, non-targeted, non-adtech advertising.
1 reply 0 retweets 0 likes -
Replying to @RichFelker @kellan
If your investors will permit you to. I think you're missing the larger point here. I don't care if it's possible to run a service this way. I do care why data extraction is the winning choice.
1 reply 0 retweets 0 likes
Yes, the whole economic system is rotten to the core. Data extraction being the winning choice is just the next iteration of ore/gold/coal/oil/uranium/etc. extraction being the winning choice.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.