I think making it to top on Twitch/TikTok/SocialMedia is hard, just like it is hard to be a famous Hollywood star. But there are a lot of minor social media celebrities that make a middle class income or they do it as their second job but no one talks about them just like how no one talks about minor actors.
I know this because recently I ran into a few Instagram influencers with a low 6-figure followers, who get paid $1000+ per ad post. The ones I know have day jobs, Instagram is mostly extra income for them. I also know a blogger who is doing it fulltime and making upper middle class income from it.
The point is power law seems absurd because it is easy to start these things but very few people actually treat it like a job or a business. To me it seems those who treat it like a business have pretty high chance of making, at least, living wages from it.
I know this because recently I ran into a few Instagram influencers with a low 6-figure followers, who get paid $1000+ per ad post. The ones I know have day jobs, Instagram is mostly extra income for them. I also know a blogger who is doing it fulltime and making upper middle class income from it.
The point is power law seems absurd because it is easy to start these things but very few people actually treat it like a job or a business. To me it seems those who treat it like a business have pretty high chance of making, at least, living wages from it.