I wonder what would happen if, say, I allocated $10 per month to compensating articles and journalists I enjoyed.
And then it was distributed evenly by time I spent on the page, every single day. So if I spent 30 minutes reading this article, 10 minutes reading another, 2 minutes on 10 others, this author would get $0.16 ($0.33 per day, times (30 mins, out of 60 total mins of time = 0.5)).
That's really not that much. With 10,000 people all following this same path, the author would "only" get $1600. Readership is likely to drop off exponentially after the initial publicity. Publishing two articles of similar quality per month would get the author a nice living wage; not too bad, but only if they can reach an audience of 10,000 interested readers who are in on this compensation system. Slim chance.
Perhaps it works as a supplementary reward system. Another question: does this incentivize the right things? Will such metrics lead to longer articles which aren't necessarily interesting to read, but just take a long time? Does it disincentivize quality in any way?
More questions: how much would people be willing to contribute—$10 per month? $30 per month? How is it distributed—manually or automatically, by time or by rating? Is the small bit better than nothing? Does this incentivize people to a) produce good content, or b) pay for its consumption? Would people voluntarily buy into this system, or does it need to be a restrictive thing where only contributors can read articles?
Just thinking.