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@proxystudio.eth
interesting article that created somewhat of a stir (ie backlash) among substack people last week talked about how backing financialization into the act of of content creation is flattening written content out across the board everyone's a writer, they're just the same kind of writer, producing the same kind of writing farcaster has different & related issues: we have less people working on content creation, but its almost all monetized from the jump. My own newsletter included. we also have projects financializing the entire network, every post (in theory) could be created with the goal of making money. This is quite interesting, because unlike substack, we don't have a large audience of costumers for that content, whether newsletters | podcasts | posts. so why are we monetizing it? https://www.readfeedme.com/p/the-machine-in-the-garden
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@proxystudio.eth
"substack is doing what Elon is trying and failing to do with twitter - baking financialization right into the core of the platform's content creation"
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i did not realize substack has a whole network going on and people are consuming writing via the substack feed itself, etc. feel like this essay injected me into a whole world i knew nothing about lol
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@jdotfinn
I perused this article and need to read deeper later. I think Substack is in this watery middle between long-form content and social media. I think Farcaster is going in the right direction at one extreme, and at the other end, old-fashioned blogs will make a comeback.
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@jdotfinn
Interesting anecdote related to this https://warpcast.com/phil/0x146fda7d
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@uhhikzosafhlk
i did not realize substack has a whole network going on and people are consuming writing via the substack feed itself, etc. nnfeel like this essay injected me into a whole world i knew nothing about lol
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I don't think Substack and the whole everyone is a writer wave iis necessarily a bad thing. Trying to monetize ain't either - it's not just because there's the possibility to make money out of writing that this will happen, for better or worse. What I see as concerning is if Substack (or Farcaster, for that matter) are the only (or main) ways for writers to make a living. That could lead to, yes, flattening writing. Not so much in the sense that all the opinions expressed are the same, but mostly because the type of writing done is similar - author-centric, the opinions and experiences of one person expressed in each publication. Limited research, when there is any. Monetization right off the bat is not the problem, the quality of the content will regulate this economy in the long run (I think/hope). But all this is a sign of the times - being a professional writer (fiction, journalism, academic, you name it) is in really bad shape. It's extremely difficult to make a living off words these days.
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