The reality is that unless you have immense, immense scale (i.e., Facebook, Instagram, YouTube, LinkedIn), making money off social media is impossible. Twitter barely made any money before Elon Musk took it over, and it’s making less now.
Reddit is pseudo-anonymous too and is harder to monetize, because high ad rates come from being able to identify your users.
Lemmy.world is a bit slow for me RN but given the immense growth on Lemmy, it’s to be expected. I’m still on Reddit but hopefully I get to see more niche content here! I read /r/CredibleDefense and /r/CombatFootage, would be great if they were on Lemmy too.
The reality is that unless you have immense, immense scale (i.e., Facebook, Instagram, YouTube, LinkedIn), making money off social media is impossible. Twitter barely made any money before Elon Musk took it over, and it’s making less now.
Reddit is pseudo-anonymous too and is harder to monetize, because high ad rates come from being able to identify your users.