added by sari · updated 2y ago
Four implications of disruption theory for the Passion Economy
- Because new producers enabled by Passion Economy platforms enter the market, previous non-consumers and over-served consumers in various sectors have a wider range of choices than ever before. Consumers have the ability to choose a creator-led offering that is cheaper, more convenient, and more aligned to their preferences.
from How the Passion Economy will disrupt media, education, and countless other industries by li.substack.com
sari added
- However, the Passion Economy has issues. First, platforms make constant updates that impact a creator’s earnings potential (ie: Instagram removing the “likes” metric). In addition, as social media platforms grapple with the complex challenges of censorship and free speech, there is real risk to creators of being de-platformed (ie: Zerohedge from Tw... See more
from Social Money by Marc Weinstein
sari added