While the creator economy appears to empower individual creators, it fundamentally operates to maximize profits by taking advantage of these creators, rather than genuinely supporting their growth and success.
Tech companies promote the idea that pursuing your creative passions may lead to a successful work in the modern day.
They fail to disclose how they take advantage of these creators in order to increase their profits.
Spotify regularly claims its dedication to assisting musicians and providing a platform for creative. However, the reality of finances presents something else.
Only $0.00348 is the average amount an artist makes per stream, which is quite little.
This gap makes it possible for Spotify to make billions, but many musicians find it difficult to make ends meet, raising questions about Spotify’s support promises.
Platforms in what I define as the “exploiter economy” are made with the intention of being addicting, consuming our free time and flooding us with adverts.
The goal is to maximize user value extraction with a minimal rate of return.
In the end, big tech corporations make great profits while innovators receive inadequate benefits.
Careful who offers “exposure” or talks about “empowering creators.” Rather than genuinely supporting the arts, their true motivation is frequently money gain.
It is believed that creators are resources to be used for personal financial gain.
the value of purchasing from independent artists and supporting fair and honest platforms.
Instead than pursuing the fame and money that large internet corporations promise, creators should concentrate on their passion.
It promotes careful collaborations and warns against misleading platforms and exploitative promises.
Fairness, openness, and respect for artists’ independence should be the basis of a true creator economy, enabling creators to take back control and guarantee their own financial gain.
