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SMN: The Fragile Creator Economy
Dec 6, 2023
Exploring the vulnerabilities of the creator economy, the podcast discusses the impact of policy changes on platforms like Etsy and Amazon, the decline of certain content genres, and the influence of larger companies on platforms like YouTube. It also explores the lack of structure and protection for creators in the online landscape. The hosts delve into the issue of creators not receiving a fair share of consumer money and express frustration with platforms like YouTube, Etsy, Twitter, and Twitch. They also discuss their own merch store frustrations and caution against a certain product due to its small size and use of lead paint.
25:50
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Quick takeaways
- The internet economy is controlled by a small number of faceless CEOs, posing risks if one company's actions are detrimental.
- Major corporations like Etsy and Amazon restrict the control and freedom of small businesses and independent creators, contradicting the principles of a free market.
Deep dives
The Fragile Internet Economy
The internet economy has evolved from individuals establishing direct relationships with consumers to middlemen facilitating those relationships. Platforms like Kickstarter and Indiegogo started as tools for startups and struggling creatives, but now mainstream projects rely on these fundraising websites. However, this economy is ultimately controlled by a small number of faceless CEOs, creating a potential risk if one of these companies does something detrimental.
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