#385 – Jimmy Wales: Wikipedia
Lex Fridman Podcast
The Influence of Business Models on Content Quality in Media Platforms
Different funding models (advertising vs. membership) lead to different outcomes in terms of content quality and appeal./nBroadcast television funded by advertising aims to cater to a wider audience, resulting in content that is often less edgy and more family-friendly./nPaid platforms like HBO and Netflix can produce higher quality and more diverse content because they cater to specific audiences willing to pay./nIn a social network, the choice of business model (advertising or membership) influences the direction and nature of the platform.
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