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title: Social media is a rip-off | daily.dev
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# Social media is a rip-off

**[InfoWorld](https://daily.dev/sources/infoworld)** · 4 min read · 0 upvotes · 2 comments

## Summary

Social media platforms make money by selling user information to advertisers, while content producers do all the work but receive only a small portion of the revenue. Substack offers an alternative platform where content producers have more control over their work and can earn a larger share of the profits.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://www.infoworld.com/article/3715348/social-media-is-a-rip-off.html>

## Community discussion

Top comments from developers on daily.dev.

**@ghost** · 1 upvotes

> I remember a similar concept with the site Steemit. Eventually it got to the point to where the whales with the majority of the resources, ended up controlling everything and nobody else could level up.

**@hegedusmark** · 1 upvotes

> The problem with launching another social media platform is that it's hopeless. You can't exactly compete with the giants, and nobody will leave them because that's where all the people are.

---

Tags: [#tech-news](https://daily.dev/tags/tech-news), [#social-media](https://daily.dev/tags/social-media), [#advertising](https://daily.dev/tags/advertising)

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