> We know that micropayments can work because mobile games are a thing.
We know that micropayments can work because slot machines are a thing, but I don't think most people would say that's what entertainment should be.
Similarly, journalism can do better. Are people going to pay $0.20 to read "One thing financial advisors won't tell you, you'll retire 10 years earlier!", or are you going to pay $0.20 for "‘It feels like a worse version of Lotto’: what Australians told us about the great intergenerational wealth transfer" (a Guardian special report from today).
I know I'd rather pay to read the latter, but between clickbait and optimising revenue, the former is going to perform a lot better. Not to mention that the cost to produce slop content will be near zero, so they can charge less, where the cost to produce high quality content will be far higher and will therefore not be able to compete on price.
I'd much rather commit to paying $10 a month for news and then choose which articles get a share of that after reading. If I've already committed it costs me nothing to pay for an article, but by doing it after reading I can much more easily support good journalism. The problem with that is that it will probably trend towards just the news subs we have today.