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Well you've just outlined the problem. Twitter's Board of Directors is a listing of people who've come to expect the projects with which they're involved - eit
by cbozeman 5y ago
Well you've just outlined the problem.
Twitter's Board of Directors is a listing of people who've come to expect the projects with which they're involved - either directly or tangentially - or with which they invest, to perform in such a ridiculously obscene manner that even exceptional growth and profits appears to be "underperforming".
For many of these people, there's no problem - where "problem" is defined as 'not being a 1000x bagger stock 5 - 10 years from IPO launch' - that cannot be solved through some alchemical combination of AI/ML, automation, aggressive user engagement, monetization, etc.
Compared to Amazon, Facebook, Google, Netflix, etc., Twitter is an also-ran. Which is absolutely, utterly, unabashedly insane to think.
- deleted 5y ago[deleted]
- skinnymuch 5y agoI just did a super take with a sibling comment to yours comparing Twitter to other social media and comm products. > Twitter is an also-ran. Which is absolutely, utterly, unabashedly insane to think. Yes, this is absolutely crazy! The other problem is how much Twitter is brought up by people and the media. Data shows a minority of the already minority of people who use Twitter, talk politics. Yet you can’t go any time without people pointing to Twitter as a representation of a huge population to prove their points. For example, reactions to “cancelling” someone will have droves of people and media point to a tiny portion of Twitter saying things that can’t represent the massive demographic people are critiquing. All of this makes Twitter seem so much more important even to people not constantly around tech, startup, or SV circles.
- B1FF_PSUVM 5y ago> seem so much more important Comes to mind the scene in Heinlein's Glory Road where the hero stuffs the hostile giant's foot in the giant's own mouth, and pushes hard. Keeps pushing etc, until there's only a ball of wax to dispose of. (Sidekick's comment: "Didn't know you were good at advanced math.")
- skinnymuch 5y agoHahaha
- esyir 5y ago>All of this makes Twitter seem so much more important even to people not constantly around tech, startup, or SV circles. I hate saying this, but Twitter does have outsized importance even to people not in said circles. That's because there's a concentration of influence on Twitter. Politicians, celebrities and especially journalists are on twitter. That means that the Twitter bubble can both diverge from the general population, then have an disproportionate impact on them.
- nicce 5y agoI wish that one day, there is a non-profit organization which provides social media and almost everyone uses it. Direct ads are forbidden. There are set of some high level rules and any country can be part of moderation as long they follow these same rules. Maybe money could come selling from some anonymized data. Even partially government funded. Infrastructure should be decentralized. Maybe you can pay 1€ per month to get more some features. It takes only tiny fraction what these current companies are making money, to maintain such environment. Forbidden dystopia...
- riffic 5y agoanyone can run their own social media services, today. this stuff has existed since 2008 or so (https://www.w3.org/2008/09/msnws/papers/W3C_FOSN_Position_Paper https://www.w3.org/2008/09/msnws/papers/W3C_FOSN_Position_Pa...). With today's interoperable protocols you don't need a non-profit provider organization to give this to you. this forum is so oblivious sometimes.
- nicce 5y agoOf course, but the point being that nonprofit or not-for-profit has no financial motivation which could lead for abusive behavior. And somehow a lot of users are required to platform being meaninful.