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> He is absolutely right over its enormous potential What unrealized potential does Twitter have left after 16 years of existence? Twitter is incredibly popul
by ckastner 5y ago
> He is absolutely right over its enormous potential
What unrealized potential does Twitter have left after 16 years of existence?
Twitter is incredibly popular, but as Docker already showed, being incredibly popular doesn't have to translate to financial success.
- xnx 5y agoTwitter totally missed the opportunity to turn Vine into Tiktok.
- mrtksn 5y agoIt's popular but it's mostly garbage where people scream at each other, among the bots and scammers. You can improve the interaction modes, improve discoverability etc. thus improving its value per user instead of inflating total number of users.
- nemothekid 5y agoMake Twitter more popular by turning it into the same algorithmic garbage as every other platform.
- roenxi 5y ago> What unrealized potential does Twitter have left after 16 years of existence? How much potential communication was left in the human race have after the first 7,000 years since written script started appearing? The answer is, most potential was still unexplored. Everything in modern civilisation is still young. Especially new communication platforms.
- ckastner 5y agoThat's a hand-wavy platitude about the general human condition that has nothing to do with Twitter specifically. Yes, global communication marches on, but that says nothing about specific platforms. Just look at MySpace.
- roenxi 5y agoThe potential value of a communications platform is always handwavy up to the point the revenue is realised. It is well-nigh impossible to forecast what the social media landscape will look like in the medium-long term; especially if someone cares about profit. Twitter has only been experimenting with making money since 2018.
- ckastner 5y agoTwitter had ample time before 2018 to experiment with making money, though. I'm not saying that Twitter should have known how to do that in 2006, but they probably should have by the time they IPO'ed 8 years later, in 2013. And Glancing over their S-1, they're making money now with the same means that they were planning to in 2013.
- SantalBlush 5y agoSo in other words, you don't know either. And that is fine.
- wyre 5y agoAnd potential doesn’t have to translate to financial success.
- cyberlurker 5y agoHuge segments of the world don’t see value in Twitter (and they might have a point) and don’t use it. It’s the “public square” of a subset of people. I’m interested and a bit nervous in what changes Musk will usher in. But I definitely see the opportunity for him to make a lot of money.
- MisterBastahrd 5y agoAnd they're never GOING to use it, because Twitter isn't for them. The Tiktok crowd is not the Twitter crowd. The Twitter crowd is not the Facebook crowd. The only platform that truly has cross-group viability is instagram, and that's only because it's a visual platform. Twitter is a place where you make short, concise statements and people yell at you. Remove the character limit and it's just a feature-barren Facebook but with a bunch of people you don't even personally know. Everybody has been crying that it can "be more." It doesn't want to "be more." "Being more" is antithetical to the spirit of the enterprise and will kill it.
- Zigurd 5y ago> What unrealized potential does Twitter have left after 16 years of existence? If there is unrealized potential, the "free speech" sites, like Gettr, etc. have not found much of it.
- skybrian 5y agoFinancially, I think it's pretty simple: charge more. There are core users who are addicted. It seems like something Musk would do?