I didn't just mean news sites, they are a good example though.
There is a lot of sites out there with very valuable information, I'm not convinced that they inherently need compensating though? but I might be mis-interpreting what you mean. More specifically I don't think encouraging these valuable sites to survive on new ad driven or donation modals is pragmatic, especially one backed by a crypto like BAT.
If I create high value content and put it online for free I don't think it's fair I then complain that it doesn't generate enough revenue through ads. I would rather the content not be given to me for free in the first place.
> I'm not convinced that they inherently need compensating though?
I am. I find some excellent Youtube channels, and i m sure google is not compensating them enough. I find interesting comments here or on reddit which are never compensated. For small audiences, there is just no way to be compensated. IF people take the time to provide value to me, simple logic says there should be a way to compensate them (but there isn't). It seems like we have the technology to transform the way we live and we don't use it.
> create high value content and put it online for free
Most people do that with the expectation that once they hit a popularity threshold, they 'll be able to monetize it. At least that's what Google promises them (thats how blogs and youtube took off), and after they bait they switch and start starving creators of income. We can do better than that, imho
> I am. I find some excellent Youtube channels, and i m sure google is not compensating them enough.
Depending upon youtube ads for your revenue is not a good model anyway. Many channel owners have their own monetization through sponsors ("this video was sponsored by..."), patreon, affiliate links, merchandise, etc.
For others, they may either produce the content for pleasure (i.e. without intent to monetize) or as a way of driving attention toward their real business (e.g. if they are a consultant or book author).
> I find interesting comments here or on reddit which are never compensated. For small audiences, there is just no way to be compensated. IF people take the time to provide value to me, simple logic says there should be a way to compensate them (but there isn't).
There are incentives that motivate people aside from money, such as reputation. That aside, I think the reason many participate in sites like this is that ultimately they intend to gain knowledge as well. There's not an explicit exchange, but by all of us willing to share our knowledge and experience, we all end up more educated than we started out.
> Most people do that with the expectation that once they hit a popularity threshold, they 'll be able to monetize it. At least that's what Google promises them (thats how blogs and youtube took off), and after they bait they switch and start starving creators of income. We can do better than that, imho
Again, depending upon a platform provider (and one that is often secretive and unaccountable with it's decisions) for your main source of income is a bad bet. For content creators, the hard truth is that you have to put a lot of work into connecting directly with your customers and finding ways to disintermediate the publishing platforms and diversify your revenue streams.
obviously people do, but considering that the tech exists, why not have an option? Also, consider that many blog posts are essentially blogvertisements anyway, and there is apparenty a market for buying upvotes here.
> you have to put a lot of work into connecting directly
That is a lot harder because people's attention is limited and the big tech cos have a stronghold on it. E.g. it's very hard to pull people away from youtube.
> I find some excellent Youtube channels, and i m sure google is not compensating them enough.
What is "enough" if not determined by the market?
Presumably these channel creators could leave YouTube and create their own websites and sell their own ads. If they're being grossly underpaid vs. the value that YouTube provides (largely in distribution and monetization) presumably they'd be doing that, but they're not. Why not?
Exactly that, the market is skewed by monopolies. You can easily setup an ad server, but good luck getting the attention of an advertiser. Google has a stronghold on display ads, almost a monopoly.
That's a demand problem not a monopoly problem. You can't get advertiser attention because advertisers have limited interest in advertising on small scale properties because it's not a scalable way to do business.
If anything Google provides more opportunity because the alternative to AdSense existing would probably be no revenue at all for small web properties.
There is a lot of sites out there with very valuable information, I'm not convinced that they inherently need compensating though? but I might be mis-interpreting what you mean. More specifically I don't think encouraging these valuable sites to survive on new ad driven or donation modals is pragmatic, especially one backed by a crypto like BAT.
If I create high value content and put it online for free I don't think it's fair I then complain that it doesn't generate enough revenue through ads. I would rather the content not be given to me for free in the first place.