Social Media Models Will Change to Steemit --- the only one today that makes money is Facebook

in steemit •  7 years ago 

Source: https://www.slideshare.net/mobile/statista_com/statista-digital-economy-compass-2017
https://www.forbes.com/sites/grantfeller/2016/06/14/this-is-the-real-reason-microsoft-bought-linkedin/#76c2d1d1f04a

Mark 2017 as the year of Social Media change. As the chart shows below, a Social Media platform can't make money in the existing business models they have -- unless you are facebook with 2 billion users and 85% outside of North America.

In 2016 Microsoft purchased Linked In social media platform for $26 Billion. Linked In has about 440 million users and Microsoft may want to integrate Skype into the platform for job seekers or others to use. Microsoft may have purchase it more for the "content" on each user, where a person works, their resume, background, friends -- another data grab.

But unless you are like Steemit where content creators get paid, it just a matter of time until as they do not make money.

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Sounds great but most people on steemit make so little money, how long will steemit last with only the whales making good money?

I think that authors with really good content will never be left unnoticed
As the time goes by, there will be more authors and ofcourse more users who just like reading them, not doing it for money
Steemit is gonna grow big i think

Yep, post relevant and quality content.

Don't post error ridden, grammatically incorrect, incoherent junk.

I hate to say it, but there's a lot of junk posts on Steemit.

A lot of people think they will get paid for these junk posts
But as more interesting people are coming, i think these junk posts wont be that noticable
Steemit still has a long way to go

I agree. Steemit as least has a sustainable model with a very exciting future.

Good point...and I agree.

Look at the progress of Facebook and how it changed over time. Steemit is still in beta. I think much will change. And I do understand what your are sharing.