4 ms·
This comment is rife with hyperbole to the point I can't take it seriously. > Twitter has clearly cornered the market for online publishing of thoughts and opi
by thephyber 6y ago
This comment is rife with hyperbole to the point I can't take it seriously.
> Twitter has clearly cornered the market for online publishing of thoughts and opinions.
What? Last I heard, Twitter only had about 22% of the USA active on the site[1] compared to 69% using Facebook.
Also, the term "cornering the market" was used when there was a scarcity of a good. I would argue Twitter and FB are very good at dominating time and attention away from other online platforms, but that doesn't make them monopolies or an oligopoly.
Have newspapers ceased to publish OpEds? Has Medium.com been M&Aed by Twitter? Have individual blogs been outlawed? Have the scrappy startups (Gab, Parler) somehow been prevented from competing by some vertical or horizontal integration that Twitter/FB/Google have? You are doing significant mental gymnastics to limit the scope of what you want to be "the market" when you are making this monopoly case.
I don't much like who I am when I'm on Twitter or Facebook so I try to minimize my time on both. But I don't pretend like there are no alternatives or that those companies have any significant control over the "posting of ideas and opinions" market. They have gravity, but that changes quickly as their users ore finicky -- Friendster and MySpace and my former employer (smaller social media company) can tell you that.
[1] https://www.pewresearch.org/fact-tank/2019/08/02/10-facts-about-americans-and-twitter/ https://www.pewresearch.org/fact-tank/2019/08/02/10-facts-ab...