#385 – Jimmy Wales: Wikipedia
Lex Fridman Podcast
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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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