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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. #2: Anecdotal data but there are a few podcasts I listen to that were dropped by their networks so they started a Patreon model to let listeners pay. A couple of them actually quit their day jobs and focused on podcasts since they can now make a living out of it. (They make more from Patreon than network + ads).
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Cameron Armstrong
@cameron
I hear you dude and I'm working to fix this, but as of today's Creator economy this is an indictment of legacy tech platform ad models not evidence that direct Creator payments work Patreon raised $155M in 2021 and is still struggling Wrote about it last week actually! https://creator3x3.com/p/hormozi-bets-on-skool
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