#Federation & Moderation: #Usenet as the original decentralized social network
https://framatube.org/w/jJiSmtQUrZh3cizjUvoTBo
@dk
Thanks for reminding me of this post from a few years ago.
In 2018, it think many agreed with this sentiment: [... that they earn profit by exploiting their own users, who generate all the content.... However, this is not the case because the media is not sold, and therefore makes no profit... What is sold is advertisement.]
Nowadays, I like to point out that while the media is not sold, the medium IS sold.
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@dk
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Monthly home internet line rental, prepay mobile packages of x GB etc. This is all sold, and it's HUGE. It leads somewhat to "Who cares what the content is as long as I can ship it on my wires and charge for that"
It would seem this was an integral part of the strategy to extract value from the internet.
However, I do not have hard data on a comparison between "profit" from advertising and that from selling pure bytes on the wire.
Does anybody else have any insight?