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fredwilson
@fredwilson.eth
Hi Casters. I promised a follow up to yesterday's post on AI being the native business model for content. Here is that follow up post https://avc.xyz/minting-is-the-native-business-model-for-web3-and-maybe-ai-too
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Cameron Armstrong
@cameron
I appreciate this might be in the next post, but are there any examples in the wild of a median user revealed preference to own their “own” interest graph data (or even do micropayments)?
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Gabriel Ayuso
@gabrielayuso.eth
Users might not care (yet) but creators do. Users that care about a creator's content will happily pay for it. Other users might not pay directly for the content but they pay with attention which can be monetized and creators can be compensated for it. The model hasn't been cracked yet but we can experiment and learn
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Cameron Armstrong
@cameron
Agree with Point #1 Disagree with Point #2 - Users complain about paying for Creators stuff (and any stuff really) all the time. #3 is true in theory, but again that's why I asked for examples in the wild.
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Gabriel Ayuso
@gabrielayuso.eth
Re. #4: YouTube's rev share is an example of this. YT is the web2 platform with the lowest take rate. YouTubers get a cut of the Premium subscription and the ads based on video watch-time and such. This type of model could be replicated in web3 perhaps with even lower take rates.
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Cameron Armstrong
@cameron
Where did you see that about YT? Depending on the monetization module YT takes between 30% and 55% which is definitely not the most Creator friendly platform rate out ther https://support.google.com/youtube/answer/72902?hl=en&sjid=1133137814498322628-NA#zippy=%2Cwhats-my-revenue-share
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Gabriel Ayuso
@gabrielayuso.eth
Right - I don't really know if it's the one with the lowest overall. It's lower than most (which take 100% and don't have rev share model). Then again I'm biased on YT since I used to work on YouTube Ads and actively worked to make creators (and YT of course) more money.
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