this post was submitted on 02 Aug 2023
326 points (95.5% liked)
Technology
59454 readers
4670 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
As I understood it from a previous incarnation of this topic where it involved Google it's less nonsensical than it sounds (at least it was in that specific case, this one may be different, so take this post with a grain of salt).
The thing these media companies have issue with is that their content is displayed on the social media website's feed, usually in the form of a headline and a short summary. Many people will only read the headline and this summary and will never actually visit the website of the media company, so they can't monetize these users through the ads on their website or through subscription services. Meanwhile Google/Facebook get to extract value from their content for free.
Of course by that logic you could maybe also say that users should get paid for posting links as they have added their own value by curating the content displayed on the social media site, but they don't have a team of lobbyists. :)