alt Hacker NewsSuper piece. Well worth reading. I keep wondering if there's some structural economic fundamental that disperses money the way it does. Is the dispersion purely a consequence of the attention economy? Probably, but I'm guessing. Engagement and outrage always sell, but so does visibility, and how one becomes visible. I guess that's come down to advertising, brand, and the platform algorithms that present the content and create or amplify the brand. I get why OC finds it tiring and depressing.
Content, like software, is easy to copy and distribute. Traditional supply-demand diagrams no longer apply; content doesn't get more expensive to produce if it reaches more people.
This creates a monopolistic economy where top content creators can create slightly "better"/more viral content at a multiple of the cost, and starve out smaller creators.