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submitted 3 weeks ago by Emperor@feddit.uk to c/bluesky@lemmy.ml

Bluesky has seen massive growth in the weeks following the US election. As of Tuesday, there are 24 million users on the social media platform. With great engagement comes great responsibility, which means Bluesky CEO Jay Graber has to do a lot to keep her promise to not “enshittify” the platform with ads while still funding its explosive growth.

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Enshittification, as its known, generally comes as social media platforms expand and need to squeeze money out of users in order to please investors and keep the lights on. Since Bluesky doesn’t plan to run ads, WIRED senior writer Kate Knibbs asked, how does Bluesky plan to make money? “Subscriptions are the first step,” Graber said, referring to a plan to have users pay a regular fee for the ability to upload higher-quality video, for example, or access certain customization features.

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[-] that_leaflet@lemmy.world 3 points 3 weeks ago* (last edited 3 weeks ago)

Jack Dorsey left Bluesky. For the better, he was an absent Twitter CEO and is big into crypto and NFTs.

this post was submitted on 04 Dec 2024
19 points (88.0% liked)

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