Question: Based on the case analysis, answer below questions: ONLYFANS DRIFTING TOWARDS PORNOGRAPHY: THE TECHNOLOGICAL AND ETHICAL CHALLENGES OF OPEN PLATFORMS On August 19, 2021, OnlyFans,
Based on the case analysis, answer below questions: ONLYFANS DRIFTING TOWARDS PORNOGRAPHY: THE TECHNOLOGICAL AND ETHICAL CHALLENGES OF OPEN PLATFORMS On August 19, 2021, OnlyFans, a paywalled platform primarily known for hosting adult content, announced that it would ban sexually explicit content from its site starting in October of that year, citing pressure from its investors on Wall Street. As the majority of OnlyFans' expansion since the COVID-19 lockdown in March 2020 involved adult content, the ban provoked a massive backlash from not only content creators but also advocates for safe sex work. Six days after the initial announcement, on August 25, OnlyFans suspended the ban. Although OnlyFans never followed through with the ban, severe damage had already been done. Tim Stokely, founder and chief executive officer (CEO) of OnlyFans, would have to reflect on the events of the past week and consider several questions: What could OnlyFans have done better in the early days in terms of how it governed the platform? What attracted sex workers to OnlyFans, and could the platform leverage the same strategy to attract other types of content creators? How could OnlyFans diversify its content away from pornography, which would facilitate capital raising in the future? Was (not) banning sexually explicit content ethical? What should OnlyFans' CEO have done when investors, regulators, content creators, users, and communities pulled OnlyFans in different directions and expressed opposing ethical views? How was an open platform like OnlyFans supposed to know what was ethical and what was not? Was it a CEO's job to act like an ethics scholar and take sides in such contentious ethical debates? 1. Identify the stakeholders
2. Identify the problem statements
3. Identify and evaluate the alternative solutions for the above problem statements
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