Will facebook/instagram start charging for verified ticks too?
Meta makes way to much money with ads much higher than $8 per user per month
If every Facebook user paid 8/mo for a blue check it would earn the company 192 billion dollars in revenue. This would more than double their annual revenue. Granted it wouldn’t be all of their users but it’s a sizable potential revenue stream if many people bought it. The problem is who on earth would pay for FB premium?
Yes, the airline industry will find a way to charge us yet another fee for being “verified” passengers.
They already have things to get you checked in faster: TSA approved and systems to help identify you like Clear.
I have Global Entry that gives me TSA pre check. It was a simple joke about airlines nickel & diming us for every little thing they can think of. Need to use the oxygen mask after violent decompression? Please swipe your credit card.
Elon Musk is a cult leader. Of course people will follow him on his path of destruction and of course some are business owners.
No, it's a bad idea thought up quickly by people who don't know what they're doing and don't care about the data. The revenue they get from this is trivial.
Good question. Seems unlikely given the focus on attracting and retaining creators across the FoA. More likely to see continued exploration of non-advertising (additive, advertising here to stay) user monetization like subscribing to exclusive content from certain creators.
Follow him how? Will other companies drastically overpay for a company that doesn't even make money? Will they then saddle that company with a ton of debt (increased debt payments from 1/74 of revenue to 1/4 of revenue)? And, then decrease that revenue by alienating the advertisers he needs to pay the bills? And, then fire his employees based on really dumb metrics (the more code one writes the more valuable they are). The only way I can see any of this working is if he can reinvent Vine, Zuckerberg can't keep people engaged on IG, Snap continues to suck, and OnlyFans bans naked people, and some right-wing politician bans TikTok just like Putin banned IG.
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Flagged the Amazonian