this post was submitted on 07 Nov 2023
73 points (97.4% liked)

Technology

60022 readers
3523 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 2 years ago
MODERATORS
 

TikTok Is Shutting Down its $2 Billion Creator Fund::TikTok's controversial creator fund allowed short-form content creators to earn money for their videos. The program will end in December.

you are viewing a single comment's thread
view the rest of the comments
[–] foggy 42 points 1 year ago (11 children)
[–] T4UTV1S 16 points 1 year ago (2 children)

I don't think so. With the tiktok shop, this move will push creators to shill (mostly) crappy products in order to make money. Or potentially transition to something like Patreon, but I'm not sure if that's even doable with short form content.

[–] foggy 5 points 1 year ago* (last edited 1 year ago) (1 children)

It will create a content creation vacuum, which will be filled by the next big thing.

[–] T4UTV1S 5 points 1 year ago

I'm not sure it'll create a vacuum, though. Sure, some creators will leave but overall I think the content will just decrease in quality as the main motivating factor shifts from actual good content to pushing viewers into other methods of monetization.

[–] [email protected] 1 points 1 year ago

Some creators do get support from patreon, but most of those creators are on other platforms. I'm betting that this move pushes those creators out to focus on their other platforms, which will lead to a drastic drop in quality content.

load more comments (8 replies)