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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The pathologies at how this problem was addressed in the music business are worth looking at. The fundamental problem (as Clay Shirky pointed out I think in 2000 or so) is cognitive—people don't want to keep track of all this stuff, they just want payment to go to the right place
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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
End of conversation
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@benthompson has written about a path forward: https://stratechery.com/2017/the-local-news-business-model/ …Thanks. Twitter will use this to make your timeline better. UndoUndo
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