Exploring the Impact of Monetizing Social Media: A Double-Edged Sword

Hello amazing readers, it's a new week, and it's another week for us to share our knowledge on things that are going on in our world. For the first episode of this week's write-up, we will be talking about social media and content creation. As we all know, social media have been monetized, talking of TikTok, Facebook, X, and many other social media. We all know how great content creators have gone to get attention for their content.

In today's blog, we will answer some simple questions that would enlighten you to this topic and broaden your knowledge on what is going on in our society.

Is monetizing social media the worst thing that ever happened to social media? Or is it the best thing, seeing how it provides a means of livelihood for people?

Let's discuss this!

I have to admit, the rise of monetizing social media has had both positive and negative impacts on the online world. As a content creator and writer myself, I've seen firsthand how great it is to earn money online, and this has opened up a whole new avenue for people to pursue their passion and even make a living out of it. This is why you see people taking it as a daily job. It's incredibly empowering for people to be able to share their creativity and insights with a wide audience and, while doing so, make money from it.

From what I said above, I believe I have answered this question: "Is monetizing social media the worst thing that ever happened to social media?" But for clarity, I will answer it again, and the answer is "Yes, it has been the best thing that has happened to social media."

Why should content creators spend so much time making content and attracting people to their social media and not compensate them? Content creators are the people who are keeping most of this social media relevant. The content creator makes money for the owners of this social media, and I believe they deserve compensation for doing that for the owners of this social media.

However, it's impossible to ignore the darker side of monetizing social media. With the pressure of generating views, clicks, and engagement to earn money, some creators resort to nonsense content, spreading fake news, and using people's emotions to make them click on their content, and in the end, they do not find what they are looking for. This not only damages the credibility of online content but also contributes to the spread of misinformation. Now, most people don't know what to believe now as AI is what people use mostly.

So, is monetizing social media the worst thing that ever happened to it? I can't give a simple answer to that without talking about how good it has been to people who are good content creators and other people who are doing a live show of how their daily life goes.

In the end, I believe that with great power comes great responsibility. As content creators, we have the ability to shape online discourse and influence others, so it's crucial that we approach monetization with integrity, authenticity, and a commitment to ethical standards. Only then can we truly harness the potential of social media for good.

Thanks for reading. My name is Fashtioluwa.

All images used are mine.