And out of all the people who are creators right now and earning only through content creation, 95% of them will be jobless and without income at that time.
I’m not saying this just randomly. This is a dark reality that is going to become true very soon. Because within the next 10 years, the creator economy will collapse — and a new economy will begin.
So if you are also on YouTube right now or planning to become a creator, I know many of you probably didn’t understand much of what I just said. Because the information I’m going to share in this video requires knowledge of economics, technology, social media, and the ability to understand future trends.
But don’t worry. I will explain everything step by step, in detail, with proper data and explanations so that even this heavy knowledge becomes easy to understand.
Right now, literally everyone is becoming a creator. Even someone working a 9–5 job is making content after work. Delivery workers are creating content while delivering orders. People are making content about their married life. Kids have already become millionaires by creating content.
Why is all this happening?
Is it just because everyone has internet access now? No.
The real reason is that in today’s economy, you cannot survive without becoming a creator. And by “creator,” I don’t mean influencer. A creator means anyone who creates something. A freelancer is a creator. A blog writer is a creator. An editor is a creator. Anyone producing something using Web 2 is a creator.
Now what is Web 2? I’ll explain that.
Right now, it’s worth over $200 billion.
And by 2030 — within the next five years — it’s projected to reach $528 billion.
You might think this is good. The bigger the economy grows, the more creators will earn. And you’re right. But whenever an economy grows too fast, a dip always comes. And that dip is inevitable.
Then in 2004, Web 2 started.
Web 2 allowed people not only to read content but also to interact with it. You could like, comment, share, and create content. This is when social media platforms like Facebook and YouTube started growing.
Web 2 created the creator economy. It made everyone a creator. And right now, Web 2 is at its peak.
In Web 2, platforms control your content. They can restrict it or remove it anytime. They earn money from your content and give you only a small portion. Content creation has basically become another job cycle.
Web 3 aims to break this cycle.
In Web 3, there will be no central authority. Creators will fully own their content and earn directly from their audience without a middleman.
But if there’s no authority, where will money come from?
From communities.
In the future — within 10 years — social media will evolve like television did.
First, there was cable TV where you paid for many channels.
Then DTH services where you paid only for selected channels.
Then OTT platforms where you pay to watch exactly what you want.
Similarly, today on YouTube, you can watch any channel for free. But in Web 3, creators will share content mainly inside paid communities. If you want to watch their content, you will pay them directly.
This will happen on blockchain technology. Blockchain and crypto are parts of Web 3.
Creators will earn through tokens and cryptocurrencies. Platforms like Steemit already reward users with tokens for posting content.
Audiences will earn engagement tokens from platforms. They can transfer those tokens to creators they support. It will become a subscription-based, community-driven system.
Creators can even sell small shares of their communities. If the community grows, both the creator and shareholders benefit.
There will be Web 3 versions of platforms like Patreon where loyal fans can receive special rewards.
In the metaverse, creators may host virtual meetups. Entry won’t require tickets — it may require NFTs. Creators can create and sell NFTs. The value of those NFTs will depend on the creator’s popularity.
In Web 3, creators won’t rely only on ads. They will have multiple income sources. Even audiences will earn when communities grow.
Low-quality or average creators won’t be able to compete because audience consumption patterns will change.
Now you may ask: What proof is there that this will happen?
Recently, almost every social media platform has introduced community features. Why? Because the future is community-based.
Foreign countries adopt technology faster. It may take 3–5 years for Web 3 social platforms to become common abroad, and around 8–10 years to fully spread in countries like India and other Asian nations.
In 15 years at most, Web 3 will be mainstream.
After that, to save your career, you will have to shift. But not everyone will survive. Only those creators with strong communities will.
So my advice is this:
As long as the creator economy is running, earn as much as you can. At the same time, start building offline businesses too.
If you start today, it may take you 3 years to establish yourself. And a creator’s peak usually lasts about 5 years.
I’ve created a 7-hour free course based on my 3 years of experience to help you shorten your learning period. Instead of learning through mistakes for 3 years, you can learn everything in 1 year and gain 2 extra earning years.
I also want my subscribers to become early Web 3 adopters. If this video gets more than 3,000 comments, I’ll make a complete free guide on community building and growing a paid audience.
This video might not make complete sense to many people right now. But this is the future. And sooner or later, you’ll come back to this video.
Until then, make sure you start your YouTube journey.
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