The top 10 music accounts on Twitch by direct earnings make between $50,000 and $400,000 a year from channel subscriptions, ads and Twitch Bit donations. The vast majority of these accounts belong to independent artists, and there is almost no correlation between an artist’s Spotify followers and their Twitch earnings.
I have always believed that scientific research is another domain where a form of optimism is essential to success: I have yet to meet a successful scientist who lacks the ability to exaggerate the importance of what he or she is doing, and I believe that someone who lacks a delusional sense of significance will wilt in the face of repeated... See more
applies to people’s relationships with a company as well
In the end, TikTok’s biggest legacy might be less about its current moment of world-conquering success, which will pass, and more about how, by forcing social-media giants like Facebook to chase its model, it will end up liberating the social Internet.
Mark Zuckerberg owns Facebook, Instagram, and WhatsApp with a dual-share ownership structure that ensures Mark Zuckerberg the 14th will still control those entities, “like literally“ We won’t have that at Twitter” - Elon Musk
Though existing financial businesses have similar tools at their disposal, BNPL companies’ incentives directly align with this future: they justify themselves only so much as they increase conversion above the status quo. Spurred by competition, that mission may lead exponents to pursue a more invasive relationship and dig deeper.