Elon’s Twitter is an “Inverse Startup”
Вставка
- Опубліковано 21 вер 2024
- Twitter Legacy Verification is sunsetting. For You Page will only have tweets from direct follows and Twitter Blue Subscribers. Elon Musk makes questionable claims about the future value of Twitter.
Watch the full WAN Show: • You Might Not Wanna He...
► GET MERCH: lttstore.com
► LTX 2023 TICKETS AVAILABLE NOW: lmg.gg/ltx23
► GET EXCLUSIVE CONTENT ON FLOATPLANE: lmg.gg/lttfloa...
► SPONSORS, AFFILIATES, AND PARTNERS: lmg.gg/partners
► OUR WAN PODCAST GEAR: lmg.gg/wanset
FOLLOW US ON SOCIAL
---------------------------------------------------
Twitter: / linustech
Facebook: / linustech
Instagram: / linustech
TikTok: / linustech
TikTok (LMG Clips): www.tiktok.com/@_lmgclips_
Twitch: / linustech
Isn't an "inverse startup" a "shutdown"?
Well, that already means something, which isn't exactly that. I want to suggest "stopdown" or "slowdown". Meaning slowly downscaling a company.
Seems like what he's doing
Honestly... It's very overdue. Twitter is a cancer.
"It's a triangle plan"
A very expense shutdown
he didnt bought a garbage fire, he bought garbage, then set fire to it.
Using stacks of cash as kindling.
He is the garbage fire and Twitter just lit up as soon as he touched it.
He bought the garbage fire and then poured gasoline on it.
@@devilselbow It's actually funny how many people didn't realize what a shitshow state Twitter was already in long before they were bought.
@@devilselbow after he came:
1° Closing API
2° Firing half of the staff > Some core feature stopped working
3° Put a price tag on « Free speech »
4° Force company and people to pay to stay verified when verification was a way to make sure that someone is who they claim
5° He made it so anyone could buy a verification which instantly got people to impersonate companies
6° He banned the billionaire flight tracking accounts
7° He started the « Twitter files » that contained actually nothing
8° & much more
9° In true Elon Musk fashion he arrogantly claimed a bunch of stuff that was false (about the code & ads)
10° He got a bunch of companies to stop paying for ads on Twitter
11° He made it so people who pay are indistinguishable from genuine « verified » accounts so they stop being bullied
12° Before closing the API he blocked OpenAI from accessing it out of spite
And I’m pretty sure I missed a lot or the bad decisions he made since taking over
Wait, so the people that are most capable of paying the $1,000/month are exempt, but the people who are the least capable have to? Ah yes, fairness.
If that bothers you, look into local tax exemptions that were issued to businesses around you in order to get them to come to your city.
@@Ender8Official stop defending elon lol
its because that if twitter loses its high profile individual it loses credibility.
people migrate to platform the one they follow are on.
@@PeidosFTW As an INFJ, I cannot.
@@daometh "it loses credibility." what credibility? A lot of "high profile individuals" are propaganda/misinformation spreaders
All Twitter users are equal. Some are just more equal than others. /s
LTT's left wing Canadian bias is showing up.
so the same as before
Animal Farm, George Orwell.
No need for the /s. This is just legit true at this point
@@dnch not really. Way more people had blue check marks just because, and democrats and fbi had bots all over. They also let the democrats decide what was true.
"Is this a way to make the Twitter experience more hostile?", My feed recently has been ~60% US right-wing politics + Elon Musk, I mostly follow Star Wars stuff, PC games, Tech people and favourite authors and am not following Musk. And I live in Asia. So... there's your answer.
Ya I keep seeing right wing stuff, fight vids, and elon. Very normal and cool, I want memes and random info.
LMAO… You weren’t complaining when it was 80% left-wing politics. Are you sure you’re not just mad because the other side is winning?
Damn that pendulum
@Shaun Kellison difference is before (for me at least and i have not changed my tech twitter habbits) it was mostly random tech tweets and the occasional gun or gender debate that blew up to now mostly tweets saying gay people should be sent to re-education camps and unhinged weirdos saying all gay people are pedos and should be chemically castrated. I just want my tech and game tweets but for some reason the algorithm is spamming me with all this unhinged shit
@@shaunkellison1761 When exactly were the feeds of people engaging in nothing related to politics 80% left-wing politics and where is your proof for that?
_"Why people who are millionaires refuse to pay $8 a month?"_
Because it's not about money, it's about sending a message.
lol its about getting a free ride that says they are special. $8 is for a blue check mark that they got for free cause they are the chosen few... the makers and shakers... their opinion matters and those without the blue check marks are plebs. that is why you had nobodies with blue check marks... no bodies who worked for a "news" paper or magazine or who slipped some twitter employee $15k.
Or not sending a message.
Because the users are the product. Imagine being the product people go there for and they charge YOU to make them money. It’s insane.
Everything burns...
No you're thinking way too hard lol. It's just about money.
They don't spend money on stupid things and therefore have amassed millions of dollars.
Imagine paying for a service and you don't know you've been shadowbanned on it, LMAO.
Imagine you use something for 10 years and you paid for it by just using it and watching ads. Now you need to pay AND see ads to get LESS of an experience. Even a total idiot can add 1+1 and understand this is a big f up of a company direction.
@@WhatWillYouFind Not only that, they're still harvesting your information and selling. Social media users are part of the commodity.
I feel like the big corporations would probably immediately abandon twitter as soon as they find a very good alternative.
This has been the case for years, with or without paid memberships Twitter has always been a shitshow one way or another- and companies would be ready to jump ship at any point, the only point is that there hasn't been an alternative yet and still isn't. May come tho.
Companies goes where the peoples goes, it's not the other way around
@@xNemesis_ Well, that's why I said "very good alternative." What I meant was an alternative that has a large amount of people using it.
@@cario0236 they’re already there. TikTok, Snapchat, insta, etc. But as long as people use Twitter they will stay on Twitter too.
@@Orangeflea1 None of those platforms are like Twitter.
They don't have regional prices, they basically convert the $8 to the country's currency and round it. It's too expensive for the average user outside US/Canada or Europe
"Never attribute to malice that which is adequately explained by stupidity."
but don't rule out malice
I'm confident Elon might be able to get twitter to a place where he sells it for a quarter billion dollars
@@aidankelley2696 He probably does, actually. He means an order of magnitude lower price.
@@aidankelley2696 I think you missed the joke.
@@aidankelley2696 no, no they did not 😂
@@Brahvim *3 orders of magnitude
@@VaraNiN ;D
_Thanks!_
I stopped using twitter because my "Following" section got filled with tweets from people that I am not following and all of my lists were filled with tweets from people that I didn't put on that list. They made both of those things stop doing the one thing they were supposed to do and made the site unusable as a result.
I had this happen recently too, but I found that it was actually stuff people I was following had retweeted, and they just removed the label showing who retweeted it (why???)
it really defeat the purpose of "follow" also Instagram
Yeah, this is the big reason I can't touch the platform. I want to see content from people I follow. I do not want to see content from people followed by people I follow or tweets liked by people that are followed by by people that I follow. The content that gets aggregated has just become so overwhelming negative because that's what drives interest.
@@Draenal Same problem i had with the platform, although i summed it up as a bad "User interface" design. I felt like the UI was trying to do more that it was designed to do and needed major overhauls.
Nobody controls the content they consume on any platform anymore.
3:03 The fact the first two labels are "Democrat" and "Republican" is so facepalmingly America-centric I can't even. Like seriously, do they think governments of other countries are also divided into the same party groupings? Tell me your entire leadership team is American without telling me your entire leadership team is American
Twitter is an american company... so yeah. Do you expect diversity in a megacorporation? XD
@@lastwymsi I expect a _multinational_ corporation to have some idea the rest of the world exists, yeah. It's not that hard.
as long as you are gonna keep news from a given country left/right split might not be that bad... but apparently it's not like this, peope from outside US are getting mostly US politics, and I would love to see the drama when some people in US realise that right in other countries might be more left that american left.
I exclusively use the "following" tab on Twitter, so I miss all that "for you" stuff. I have been slowly transitioning back to Tumblr, which is surprisingly still alive, and most of the people I followed there are still active, or have recently reactivated.
Might have to revv up my old Tumblr, would love for that site to come back to it's former glory. Does it still function similarly?
@@MisterMosfet They are doing fine. They have finally embraced their s--tposting roots.
For a bit there they let people buy checkmarks for $8, which do absolutely nothing.
Each account could buy up to 24 checkmarks.
I mean if it's worth 20 billion dollars now, all that is required to reach that 250 billion evaluation is the dollar loosing 23/25 part of its value.
Twitters evaluation is already 2.6 trillion
Yen
Maybe he'll buy the whole economy next and burn that to the ground too
Sorry, did you say $1000 (I assume USD) a MONTH? Like, the same price a small business will pay for ALL their Office 365 licences and what a medium-sized one will pay for Adobe? For... a blue checkmark?
No it's for a gold checkmark 😄
It's for a tick and for your tweets to actually be visible to people who aren't already following you. Basically pay up or become invisible on Twitter, I know which one I'd choose.
why wouldn't you support a platform that helps you run? do people want Elon to pay for Twitter out of his own pockets?
@@spidey9504 See, the old business model was actually profitable. This one is less so AND everyone hates it more. Lovely
@@planefan082 didn’t Twitter only have 2 profitable years…
I am extremely fortunate that the ever increasing direct monetization of the internet aligns somewhat with me becoming a grown up
Preach!
paying directly is better than being sold to advertisers
@@shortcat it's not one or the other lol, they're still shovelling your data but now you're just paying them to do it.
I'm not sure if this is sarcasm because as you start to get money, you have to spend money on using things that adults from the previous generation enjoyed for free, or you do truly feel fortunate for not having money so you don't get "locked out". Assuming you're actually paying for all these bs services.
@@shortcat why not do both?
I was actually willing to pay for twitter if they gave ACTUAL reasons to.
but not this version of Twitter. This version has absolutely none of the benefits that the old twitter had. No way to see information by journalists anymore
no no, you can see information from journalists
just not ones that have written any articles slamming Elon
@@Mate_Antal_Zoltan oh sorry, that is true! So I can still see journalists that don’t do journalism
Instead of adding value to a paid subscription, he's devaluing the general site's value and shuffling what was standard to the paid service. That isn't how business is typically done.
An inverse startup? So a finish down? Sounds about right
And if the goal of a startup is to make money, the goal of an inverse startup is to lose money? If so, he seems to be doing a great job!
Please show me when paying for a service that was previously completely free has worked? 😂😂
Elon is playing 0.5D chess at best
Elon could lose at 1D checkers
@@no-lifenoah7861 no. He would lose.
The typical hate from a nobody that has nothing...
@@realdutchdave "Y-Y-ou CRITICIZED E-E-lon M-M-Musk!!?? Y-You must not h-have MONEY!!! Y-You m-m-m-m-ust be POOR! HOW DARE YOU CRITICIZE SOMEBODY WITH MORE MONEY THAN YOU!!!!" - Stupid people
I remember Twitter. It was hot garbage before but the last thing I saw on Twitter was that the Queen died.
We can hope the inverse startup goes all the way back to pre-startup where its just him alone begging people for investments as the company fails.
He bought un unprofitable company that was in decline and is trying to monetize it, and so far it seems he's succeeding, good for him.
Luke misspoke, Elon expects Twitter to be a quarter a TRILLION dollars not a quarter billion lol
He recognised this and corrected himself later in the video
Live reaction moment
As a Twitter lurker, somebody ho really only ever used the platform to peek on accounts of companies and people I enjoy the creations of, the algorithm sure seems to have decided casual transphobia is something I want to see touted about.
Now, I'm not going to outright imply that famously transphobic Elon Musk benefits from such views being normalised... Or am I?
5:57 there is no page that shows tweets your followers liked/commented on anymore
I remember the very early days of the internet, where everything was a "walled garden"
My school had a school/business "compuserve" account and it cost fractions of a penny to view News pages, and +5p for games and entertainment pages. The school had to restrict student access as it was costing them a fortune ;)
I DON'T want to go back to those days where you're charged "per page/content viewed".
The one big problem I see here is that, by essentially destroying Twitter's algorithm's capacity to promote unpaid content, he's now made it worse than Mastodon, which doesn't promote unpaid content either, but it shows it to you, at least
If something used to be free, it’s very difficult to convince people that now they should pay for it
$20 billion? Are you insane??? I'd be shocked if Twitter was valued at $10 billion.
One of my biggest problems with social media is the lack of option to not see random posts. I don’t care about random celebs on my feed, show me stuff from the people I actively chose to follow.
Nobody controls the content they consume on any platform anymore. Because engagement is higher when they control what you see, not you.
One of the major issues with paying for subscriptions online is the lack of privacy. Nowadays, when you pay for something using a credit card, you provide either your address or your zip/postal code alongside your real name, even if there's no fraud involved. That's what's preventing me from many of the payments online. ("Do I trust to show where I live to this entity?")
the up side is, the bots can't get verified at scale now.
I would say this is a net positive for many sites. The internet would be a nicer place if people where aware how easily they could be held responsible for what they say online. That would shut a lot of keyboard warriors up.
Maybe they will accept Crypto or Paypal
@@Laotzu.Goldbug crypto. Literally the easiest to teach currency because every transaction is logged on a public ledger...
@@SyntheticFuture well cryptocurrency isn't Anonymous but it is pseudo Anonymous in the sense that while transactions can obviously be tracked personal identifying information does not _necessarily_ need to be a part of it.
i.e. With Twitter decided to accept Bitcoin or something as payment for the check marks people could do so without needing to give over their name, address, phone number in the same way you would with a regular credit card.
If more things on the internet become paid only, well, good for me, I'll spend less time on it. I scroll through Twitter a lot, but if I had to pay 8 bucks for it, I'd simply stop and would probably be much happier for it. Sadly, wasting time on ads is the same principle, so whenever I'd have to watch UA-cam on my phone or TV, with ads, I'll just go do something else.
I only am forced to use twitter once a week, as I'm required to tweet a bit to help with marketing for my college radio station when I'm on the air, so each shift I'm in the studio is my weekly check-in on how the platform has big the flames of the garbage fire have gotten.
This still won’t make any difference in the way that I use Twitter. I’ve always avoided the Home/For You feed and always stuck to the Latest Tweets/Following feed because that’s how Twitter used to be and I refuse to change the way I use it. I only want to see tweets from people that I follow, and if I want to discover other accounts that’s what retweets are for.
what is insane is there are people who still cope and say this is somehow a good change
you will even find some in these comments, deflecting, saying things like "ya but it was always bad" as if this isn't a massive departure from the norm
Twitter isn't worth 250,000 limp farts.
Theory: Elon is a Tumblr user who wants to make Tumbjr the default social media platform
I think he wouldn't be on Tumblr. Tumblr is generally speaking, anti Elon, so much so that his fragile ego cannot handle being on it.
i love luke response on every topic is just "I dont care, but lets pretend i care"
$1000 dollars a month 😂 what business sees Twitter as that significant? Twitter has been a part of my social media life for over a decade at this point so its really sad for me to see it go as I don’t see a good replacement, yes its a cesspit mostly but it has helped educate me so much on certain issues & occasionally been wildly entertaining, Musk genuinely tanked a public asset & I hope it bankrupts him (it won’t obviously because he has too many fanboys) along the way. Also didn’t twitter basically cover its costs before? It was not a particularly big earner but it covered its costs & it was Musk that scared the advertisers away in the first place.
It's probably better than spending $1000 on twitter advertising.
@@dbldekr true & the adverts on there now are absolute garbage it’s basically cryptocurrency & betting sites only.
On the topic of twitter covering its costs - it wasn’t profitable from 2010 to 2017, and from 2020 up until today, according to Statista.
@@ЕгорМорозов-м5ъ and now its SIGNIFICANTLY less profitable than it was before....
I don't really understand why people liked/used Twitter. Terribly short post limits, cannot edit posts, caters to vanity and clout, promotes divisiveness.
It's obvious to anyone with a brain that Musk only wanted his own propaganda platform that with a pay-to-play feature.
The “for you” page is actually horrifically bad
The only way twitter would be worth 250 billion dollars in 10 years is if we get hyperinflation.
8:25 I've started finally paying for some things like Discord, UA-cam, and some specific Twitch people because that's what I use basically the entire time I'm awake. Plus, it's online with active updates so having a subscription makes more sense. For apps that I want 100% offline and very rare if any updates, I'd like to have as a 1 time purchase, like a drawing app.
All the releases he's done, shedding all the light on all the fucked up shit they had been doing for so long excuses basically anything else he does in my mind.
I think he is putting the 20 billion number out to have the value lower for those perks for the remaining" Highly valued" that will supposedly get perks. I can see him tweeting about rocketing value weeks later and they are back to 40 billion. Just to screw employees even more.
I made fun of Elon his decision to make SpaceX rockets land vertically. I'll never doubt the man again after I saw its success.
The twitter experience has become a lot more hostile even for use that do not try to grow on the platform.
I only follow serious academic researchers, authors, war journalists, activists (related to wars in the middle east) and other non-mainstream topics. My experience on twitter has generally been good, as I mostly avoid the main toxic parts on there. Lately, my feed has been primarily Elon Musk tweets and right-wing US politics BS. So much trans this trans that. I am not american, nor do I follow or interact with any content like that.
Nothing on the "for you" page has anything for me on there, it's almost designed to spread the most dumbest content to increase engagement. Not train on what I engage with and follow.
The platform was great if you could isolate yourself from the toxic parts of twitter, but now it is impossible. I had planned to just block any paid blue tick account, but now they have mixed the "legacy verified" and paid accounts so it is impossible to do so.
I'm similar(ish), in that my 'for you' section is mostly Musk & garbage right-wing opinion content, where as I only use Twitter to follow a load of news outlets around the globe to keep up with what's happening. I wish there was an option to set the 'Following' tab as the default home screen when I open the app, so I could save my eyeballs from whatever attention-seeking nonsense Elon, Dinesh D'souza, Donald Trump Jr, etc, fart out their mouths at any given time.
Luke asking "how can he back that up," when it comes to the $250bn target reminded me a lot of Elon's Hyperloop pitch, which went something along the lines of
"How is that going to work?"
"We have people working on it, but we have a name though, wanna hear it? It's called Hyperloop," as if _that_ was the important part, and people still ate it up.
As a standard user of Twitter. My experience hasn't changed that much. Most of what I see and interact with has changed but not in dramatic ways. It's the creators and artist I see who are getting hurt the most. Struggling to get traction on tweets. It sucks to watch creators sink below the surface of the algorithm just trying to keep up with changes.
I think a lot of people including myself don't want to start again on a new platform or don't have a new platform gaining popularity. I think that's why a lot of people stick around. I'm not sure where the line is, but I think it'll be completely shutting out free users and making it a premium only platform.
I've been on Twitter since April 11th 2007 and since I mostly use Tweetdeck, my interaction hasn't changed at all.
My "For You" feed has increasingly had propaganda, conspiracies, fight and death videos since Elon took over. All from accounts I don't follow and never interacted with.
@@rhetro777 I just use the Following Tab now. The more you use it the more updated and useful everything gets
Well, luckily a lot of people are not that lazy, and will switch because its the right thing to do. Unless you're a rich person who thinks the poor should keep quiet because the rich people are talking.
@@tyson31415 you having fun with that straw man over there?
Present an actual viable platform to switch to and I would switch. The solutions I've seen either have worse problems than Twitter or are in such a buggy and unusable state. Cohost! is probably the closest I've seen to an actual solution to Twitter, but it's not getting enough people switching over to matter
Pro tip: don't use it
Twitter blue is not available in my country.
left Twitter in 2015, never looked back.
your attributing 4d chess moves to someone that doesn't understand ticktacktoe
It is an "Inverse startup" because instead of taking off, it is crashing down
At least they made the twitter algorithm open source
Yup, they open sourced probably the single most valuable asset of a social media site. It will be good to finally see the death of Twitter.
They didn't
They just said they did , you can't know if its true
the important part, the model weights are *not* open source yet
As long as I'm paying for an internet connection, I will absolutely refuse a "paid internet" model.
also known as a "shut down"
Funny they brag about not using Twitter while the banner is saying follow us in Twitter 😂
Shoutout to those with a humiliation fetish still defending musk
""But, but, but, Twitter is a private company."
People thought Twitter was going to explode from Elon's actions, but I always suspected it was going to die in a whimper.
NOTHING about this system is fair.
Did we find out at long last that Musk is bad at running a business? I am shocked 😂
I think for most people that paying $50/month for internet is the price they are willing to pay for things on the internet.
so, when will there be an official mastodon account ? screw twitter.
Elon, I’m begging you please remove the blue checkmark from legacy accounts! I want to instantly judge anyone with that icon.
Way more fight content in my feed and political stuff I try to actively avoid in the for you page. Saying it’s a 50/50 split of people you follow and verified accounts is a joke lol
Twitter has been dead for 6 months, people need to accept it and move on rather than trying to resuscitate it.
I deleted Twitter ages before the Elon purchase and I’ve never regretted it
I got banned for calling a racist a racist, before Elon bought it.
I don't miss it either. Same with Fakebook. It's all garbage and if people abandoned it for long enough they'd realize what a disastrous time-sink it is.
mastodon win!
The same garbage can’t burn forever, but the fire can go on if more garbage is shoveled on
At this point, I'm not sure if Elon Musk is real or just a comically unfortunate character written by chat-gpt.
Richest man in the world. Unfortunate. Mmm
@G R former*
Also, appeal to authority logical fallacy.
@@melon5111 sorry. Still worth more than everyone you will ever know combined
@G R once again, appeal to authority is a logical fallacy, look it up... Being in a position of power does not make you correct. There's plenty of powerful yet evil people in the world.
Elon could swallow his pride, tell everyone he made massive mistakes, restore Twitter to its former self by asking all former employees to come back and stop messing around with Twitter like an overlord. He could of course offer more services on the platform but the competition is hard.
A Shutdown?
It will never shut down. Elon Musk got rid of the leeches and the social justice warrior people who were scaring away advertisers… It is back to a profitable status and it will continue to be that way. He shut down is only something you’re going to see in your dreams now that you’re left-wing paradise is no longer censored censored
I'm aware of at least few local companies that couldn't get verified, and are actually happy about paid verification, I hear complaing from people that were verified for green and now conplain.
I would genuinely love to know how twitter would categorize politicians outside the US.
Because by normal standards, Republicans and Democrats are basically identical.
Left Wing Ideologies=Democrat Right Wing Ideologies=Republican but he would have to define that first
@@walker4541 It is what they refer to each other as. For outsiders they are both heavily on the right side of the spectrum (except few dems like Bernie Sanders etc)
@@VirtuousMarine You mean there are other places in the World than America 🦅🦅?
-Musk probably
Musk fans: mmm yes this is free speech
Imagine still using Twitter instead of just having normal conversations with people in real life
Or, like us really "normal" people, chatting in the UA-cam comments because we totally have friends in real life! 🤔
Twitter taking up all of Elon's time is the best thing to happen to Tesla and Space-X since their inceptions.
As a casual user that just reads a lot on twitter, I certainly don't feel that the platform is deteriorating, quite the opposite actually. I've enjoyed it more since Musk took over although that could change after these changes are implemented because I love the For You page. I'm not on Twitter Blue btw but what I've seen it give users are pretty cool. If it's no longer gonna be $8 though, I don't see myself subscribing anytime soon.
As I understand it, non-corporation users in the US are still $8/month.
Same for me, i just use it to see only tweets from streamers, meme, artwork tech and some news and that's all. And tbf for me nothing has changed but i'm sure the hardcore user it's weird for them
Thank you Elon for killing that tumor of a site 🙏
How to make Twitter profitable - a helpful guide
Step 1: follow Elon Musk
Step 2: record what actions Elon Musk takes with Twitter
Step 3: purchase Twitter from Elon Musk
Step 4: refer to notes on Elon's handling of Twitter
Step 5: reverse all actions taking on Twitter by Elon Musk
Twitter was dying years before Elon came onto the scene. If not for venture capital, it would have died years ago. So I'd think twice about reversing everything Elon does even if what he tries does fail.
Ad-supported vs subscription based services is an interesting debate to have. I think that for most people, paying a subscription to a service is not that big a hurdle to overcome, but the service must provide enough value to be worth it.
Services like Amazon Prime offer an incredible amount of value for its subscribers, with prime music, video, shipping, twitch prime and so on. People have no issue paying for the service. With Netflix on the other hand, the perceived value has gone lower and lower.
Spotify is another good example of a service that offers enough value to justify the price of a monthly subscription.
Twitter Blue on the other hand is more expensive than most other subscriptions (which are $5 in general), offers no value at all aside from literal clout. Its only value is to companies so that their ad-tweets are still shown to people, hence the $1000 price tag for companies. As Luke & Linus said, there is no way that Twitter is ever gonna reach a $250B valuation. It's leaking users left and right, and the remaining people either don't want to pay or do not have the means to pay for the subscription. Elon has killed Twitter since its acquisition.
People will eventually be tired of only seeing tweets from companies in their feeds, and twitter will just be a platform to display ads.
That’s the entire internet.
Imagine living in a world where we need to come up with fun buzzwords for "failing company"
So appearently the changes should have happened by now, but Twitter still seems fine.
Elon Musk spending 40 billion dollars to absolutely torpedo Twitter might be the greatest thing he has done for humanity.
Musk saw the mobile gaming sphere and thought, "Twitter should be pay-to-win."
This is the trend that will eventually be pushed across the entire internet. For decades, the internet has been a great equalizer that has allowed young up-and-comers to find an audience and establish themselves in a competitive marketplace. Now Musk wants to close off the digital commons and charge $1,000+/month to be able to reach an audience at all. This move will be copied by others. The frontier times of the internet are over, replaced with a pay-to-play walled garden just like TV or radio.
I'd pay for more stuff on the internet if the payment process was decoupled from my bank account and thus my identity. If you pay for something online, there is a data trail leading back to you. Crypto currencies could become that method, but they are too unstable.
Crypto also has a data trail for transactions.
@@HH-le1vi There are currencies like Monero, who offer anonymity, but it's still not usable enough to casually pay for services on the internet
@@seafighter4 if anyone during any transaction ever gets to see your name (such as when ordering a package etc) you're no longer anonymous and a sufficiently motivated stalker could connect you to your wallet, at which point the fully public transaction record would let everyone be able to see who you've been sending money to the entire time.
@@LauraLovesHugs not in monero
Can we have a social media where it’s not the aim to grow your audience. Can we have a social media where corporations and media influencers are not rewarded by being there.
i think mastodon, tumblr and discord would fall into that category.
isnt that just BeReal?
As someone who lives and breathes this stuff, I assumed you'd have followed the chain of causality here, but I'll spell it out for you:
Elon wants Twitter to be a free speech platform, but Twitter costs money to run. But since advertisers are lilting violets who fear free speech, he has to make money somehow. Moreover, Twitter was throwing money into a big bonfire -- it was completely insolvent. So he has to make even *more* money. Sound familiar? It's literally every ad driven platform, including UA-cam, today. Elon is just accepting that and trying something else.
Thus, Twitter Blue: you, as an individual, can pay a low-priced subscription fee to get some benefits. As an organization, you can have granular control over your brand and employees on the platform. No more "I work for WaPo" in bios. In the future, he'll be able to add features only available to organizations or verified individuals (such as long video uploads and the like). But you don't have to get any of them. You can use it for free if you so choose.
Why does Linus think he’s better than Elon?
You are wrong Linus - and here is how you are wrong. The 'town square' does not mean you get to broadcast for free to everyone on the platform. It means you get to talk, and people get to listen IF they Choose to listen. Just the same as if you are standing on the sidewalk talking. You can't force people to listen to you talking on the sidewalk. But by the same token, no one gets to come and tell you, that you can't talk on the sidewalk. That is how the real-life town square works. So I see no reason that isn't how the internet town square should work either. Imagine getting to put out any video or message you liked without fear of being banned? Wouldn't that be nice?
Thanks. Nicely put and matches my thoughts exactly.
Perhaps if the implied "public" were honestly labeled "capitalists" instead. Money makes money. If we have a system that puts those with money on top, those with money will be on top and them being on top will make it easier for them to retain or increase their money. Thus those on top decide who's on top. That's tyranny.
No classes. Classism is a disease.
Look at all the people here who hate Twitter, but all still use it.
Honestly making the "for you feed" only follows + pay to winners may just make it better. For me, I don't want random shit in it, but I like seeing follows' likes. Not the touted town square though lol
You really think the amount of random peoples crap in your "For you" feed is going to drop now that twitter is actually making money from putting stuff in there? It will only increase.
Ah yes, inverse startup = shutdown
Opposite of where you invest money and make profit.
Well, if Twitter falls. Facebook and other platforms will fall. Twitter is too big to fail.
Facebook has it's own problems with the fact that basically everyone on earth who wants a Facebook account already has one. But that has nothing to do with Twitter. Elon could delete Twitter tomorrow and it would have zero effect on any of the other social media companies.
Twitter is tiny in comparison to Facebook. Twitter has less than 400 million monthly active users, Facebook has just shy of 3 billion.
@@Joeleon2 I wouldn’t be surprised if Facebook has more profiles left over from dead people than Twitter has total users right now. Ask MySpace, no social media site is “too big to fail”
Lol.
Of all the "big" social media apps, twitter is the weakest and has been for quite some time. twitter has significance because
1-the short format
2-that where journalist, politics and stars are and talk to each other, and that's where "we" (normal users) have the best chance to interact with them.
But other plate-forms won't even be phased by twitter's demise, that's not what make them viable and appealling to the normal user (youtube will still do videos, tik-tok it's short videos, facebook will still be good to get to know compagnies, restaurants for example) and they can even fill the void left (stars are also on instagram for example and there's a lot less drama there, wich is a plus for them).
Plus all of them are already profitable when it has always been difficult for twitter...
Well, being how the Media and Politics seem to think it is bigger than Facebook. Twitter is "Too Big To Fail" in that angle. Not so much the size of the company or user base.
what about Europeans, and other parts of the world... I live in NL and I never had anything with Twitter.. Very much of the tweets are USA related. So that already says something about it's significance... Like FB (which I left a few years ago) achieved a much bigger global market share for social media platforms.
Klopt
time to move to mastodon?
Yeah, you and like three other people
@@shaunkellison1761 You do realize that there is a certain point where community sizes don't matter because a sane person would be unable to interact with all of the people there, don't you? The fediverse is far beyond this point.
@@4cps777 So appart from a lot of people there is a lack of growth on the platform?
@@DigitalChema I don't know what you define as "lack of growth" but in my terms, no.
Mastodon is growing all the time. Just passed 10M users.