3x3: Bill Gates can't explain why the internet is useful and more

This creator-economy newsletter, Creator 3×3, pairs past, present and future facts with the argument that the creator economy is still early and its monetization is unsolved. It cites a 1995 exchange in which Bill Gates tried to explain the internet's usefulness to David Letterman and was met with skepticism. It reports that in 2022 over 98% of Spotify artists made less than $36 per quarter and only 2% of Patreon creators earned a monthly minimum wage. It also cites Goldman Sachs' estimate that the creator economy could reach $480 billion by 2027, and says brand deals remain the most lucrative income source for about 70% of creators, though they are often inconsistent.