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abdullahkhalids

2 years ago

In reply toEU data regulator bans personalised advertising on Facebook and Instagramby pbrw

Mastodon.social had revenue (donations) of 326K EUR and operating expenses of 127K EUR in 2022 against roughly 191K users [1]. They have paid moderators to manage the server, and by most measures it's a healthy place. This suggests that the free market cost of social media is 0.6 EUR/year. The price charged to consumers shouldn't be much higher than this.

WhatsApp before it was acquired also demanded an optional donation of 1 USD/year from each person.

That is what people will be willing to pay, and what social media should subsist on.

[1] Annual Report 2022 https://www.patreon.com/file?h=90246790&i=16020862

ToucanLoucan2 years ago

Mastodon isn't a real social network though because they don't have seventeen layers of middle management and a C-suite raking in billions of dollars, so obviously this is a non-starter solution.

/s if not clear.