You order a shoebox appartment, create a home-maker NN that can fake basic human occupancy, register it online as a new citizen and put it on basic income, and set it up to order stuff from company A. Now those NN trade among one another, sending the stuff in a circle until its scrap or they are broke and its impounded.
Finally, the limiting part for eternal growth can be removed.
The monetization aspect is supposedly solved. If I suspect you can garner audience, I posit that said audience can be translated into ad dollars at some point in the future. Only the first part is speculative. And speculation is what venture funding is all about.
The expectation isn’t perpetual. Evert company must become profitable, be acquired by someone who believes it will make them (more) profitable (or attractive to another party with that belief), or go bust.
> More and more these social media platforms feel like scheme's. Round after round of funding without ever reaching profitablity
Nowhere did I say we're looking at perpetual return on investment. Like any investment, you're looking to go in at a certain point and get out at a certain point. This is no more a "scheme" than buying a house and hoping it increases in value or buying a lottery ticket. The underlying value is audience. Some companies get that, others don't.
It's not always about a company's profitability either. Startups focus on exponentially growing their assets rather than cash flow then selling it all to someone else. Like Facebook can make more wealth from WhatsApp than they could do by themselves.
Of course, profitability is often close to the actual value something creates. Twitter is a really odd case in that it's a big part of many people's lives, but they won't pay for it.
Get out while you can enjoy a profit.