The previous post alluded to how the social media industry protects and fuels their business enabling entertainers to scrape money off the bottom of the Internet trashcan. The problem with all these money-for-nothing schemes is an irreconcilable imbalance between the number of people going after easy, legal online money and the overall supply of it in viewer’s pockets. It’s a really big game in the good ‘ol US of A: Make it Internet easy and cheap, grab the gold and keep them coming back.
Supply and demand concepts apply to all sorts of things in the economic sphere. Americans seem to have plenty to waste on entertainment, so the demand is insatiable. The scam/grift squeeze moves up to middle management in high-speed digital communications entertainment these days. Now every Tom, Dick and Harry is doing a podcast about everything imaginable and most every broadcast outlet streams Youtube™ channels sucking up advert pennies around the clock. That’s just the news and infotainment crap.
Streaming services are little removed from last century coal company Pinkerton’s pushing striking miners off the tracks by force when it comes to the big players like musicians and Hollywood types. You wanna work here, you gotta shop at the company store. They just do it with a keyboard nowadays. Kanye’s trying to fight back, oblivious to the fact that he is just as fucked as everybody else here in Corporate America.
