Eli5: How do social medias earn huge amount of money.

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How do social medias earns such a huge amount of money.. obviously only sponsors is not enough for the huge earning. What could be other sources…

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Anonymous 0 Comments

If you mean the networks like Facebook, to put in the words of Zuckerberg: “Senator, we run ads!”. That and selling all that sweet sweet data they have on you to advertisers and data brokers who make it their business of selling that data.

If you mean YouTubers and the like who use some of these platforms: part of the ad revenue goes to them, but they also get sponsorships, etc.

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