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I am of the opinion that Twitter can't be monetized. If this were 30 years ago, twitter would be a technical standard/protocol like email (SMTP), not a private
by jbob2000 9y ago
I am of the opinion that Twitter can't be monetized. If this were 30 years ago, twitter would be a technical standard/protocol like email (SMTP), not a private company, that anyone could implement and run a service off of.
Twitter (read: tweeting) is just another facet of human communication. You can't monetize it just like you can't monetize writing or speaking or emailing. If you try to, people navigate around it. Charge for tweets? Dead service, new one pops up that does the same thing. Can't get enough advertising dollars because the content is unpredictable. Can't get big advertising promotions because big money doesn't want to be seen next to racist tweets.
In short, twitter has a humanity problem.
- chatmasta 9y agoTwitter made $574 million revenue last quarter. Clearly their is some demand for their monetization strategies. The problem is that their costs are so high; they lost $174m. Perhaps the real issue with twitter is inflated staff, overengineering, and excessive compute costs.
- jbob2000 9y agoCould you imagine if one company tried to control and monetize writing? Your costs would be astronomical too! They need all those staff, and probably more, because controlling billions of people's communication style takes aallloottt of work.
- zo1 9y agoNot just communication style. They police content, too.