athrowaway3zon Hacker News • Recommends
On “TikTok is scary good. It's digital crack”
Beginner. No background in the topic needed.
1M views4 years ago2 recommendations
Careers and interviewsInside tech companiesThe tech industry
Hank Green explains how TikTok's fixed-pool creator fund model underpays creators compared to YouTube's revenue-sharing system.
I have been making content on TikTok for over a year. I've got over six million followers and I reach millions of people every day. It is a tremendously powerful platform that is extremely well designed. But they are dramatically under-paying creators...a decision that I think is very bad for the creator community there, and also potentially long-term bad for the platform itself. The original script I had for this was over an hour long, so I have lots more to say on this topic, and I hope this doesn't sound like an exhaustive discussion of a super complicated thing. But we have to start the conversation somewhere. The Adpocalypse Creator Funds (the good parts) The Static Pool The Fund is Tiny What to Do Part 1: Collaboration What to Do Part 2: Competition What to Do Part 3: Collective ActionWhat people say. Recommended for its clear explanation of the economics of the creator fund versus traditional ad revenue sharing.
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