Hank: a growing share of people will be able to work as professional creators, thanks to fractured fame and new patronage models (2018)
prediction · status: came true · last event: came true (2024-08-27) · owner: Hank
In May 2018 Hank predicted that the fracturing of fame and new patronage models would let a growing share of people work as professional creators. In October 2020 he restated that this part of the economy would become a bigger and bigger deal.
Told alongside: Hank: the online creator economy will have a lot of inequality built into it (2020) · Hank: much of the creator economy will be awful and destructive, but most of it will be good (2020)
About: creator economy, celebrity, crowdfunding
| date | event | what | video |
|---|---|---|---|
| 2018-05-11 | predicted | Hank thinks a growing percentage of people will be able to be professional creators because of the fracturing of fame and the rise of new patronage models. (hedged) | Looking for Alaska Movie (BUT BETTER) and YouTuber Things 00:02:41 |
| 2020-10-16 | repeated | Hank predicts that part of the economy will become a bigger and bigger deal. | Still Riding a Big Wave that I Do not and Cannot Know 00:01:35 |
| 2024-08-27 | came true | John says the culture shift on selling out has let many more people make a living, which he considers good news. | How The Internet Is Rigged 00:03:40 |
What is said about it
6 statements, by date (the events above are the turns of the thread; these are the details).
- 2018-05-11 · Looking for Alaska Movie (BUT BETTER) and YouTuber Things — Hank: Seeing many pitfalls on that path, Hank wants to do anything he personally can to make it easier for others and hopes that becomes a bigger part of his professional life. (hedged) — 00:02:51
- 2024-08-27 · How The Internet Is Rigged — John says user-generated content remains tremendously undervalued by the platforms that distribute it. — 00:03:45
- 2024-08-27 · How The Internet Is Rigged — John says about 3% of TikTok's revenue goes to independent creators and about 30% to record labels, because labels have far more collective bargaining power. — 00:03:53
- 2024-08-27 · How The Internet Is Rigged — John: Agreeing with Hank's Friday video, John says YouTube differs from TikTok, Reddit, Facebook and Instagram, which take content, monetize it and give users only an audience and karma. — 00:04:06
- 2024-08-27 · How The Internet Is Rigged — John says YouTube became a massive business for Google because it decided long ago to share around 55% of revenue with independent creators and treat them much like large corporations. — 00:04:22
- 2024-08-27 · How The Internet Is Rigged — John says that decision let hundreds of thousands of creators make a living, made YouTube the most desirable platform, and produced a breadth and depth of content nobody can match. — 00:04:37