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Wait and see what happens. The fundamental incentives for Twitter as a business have not changed. It is a free service that needs to convert user engagement in
by twblalock 4y ago
Wait and see what happens.
The fundamental incentives for Twitter as a business have not changed. It is a free service that needs to convert user engagement into advertising dollars. Unless Twitter moves to a paid model, that will always be true no matter who owns it. And if Twitter fails, any potential replacement will need to deal with the same incentives and solve the same problems Twitter did.
- nsvd 4y agoIn contrast, most fediverse communities are run on donations or by the private funds of an individual. There aren't perverse financial incentives in the same way. This is one advantage of having many, smaller servers.
- Timja 4y agoA replacement could be just a protocol. If you signed your message with "This is a reply to msg 33398198 by Timja. Signed: twblalock", then nobody could take this converstion away from us again. I could copy it and put it on any server. Owned by myself or run by some service provider. And it would always be clear to everybody that this conversation really took place between the two of us.
- twblalock 4y agoYeah but who would use a system like that outside of a small hardcore contingent of techies?
- Timja 4y agoThe interface could be just like Twitter or Hacker News. In fact, users could use any service they like. It would not matter what client you use to reply to me. Your reply would appear on Hacker News, because HN would follow the protocol and accept properly signed comments relayed to it.
- dd36 4y agoIt already exists: newsgroups.
- augustuspolius 4y agoThe messages would still need to be stored somewhere, right? Is SMTP a decentralized protocol in this sense? You can send a message from any client... however most people still use centralized solutions, not their own mail servers. In your example HN would still need to retrieve and store billions of messages, handle user authentication, discovery, aggregation, additional data handling (e.g. you want to attach a video, or go live). They will need to monetize _something_. So we are back to square one, just with a much more inconvenient client setup process (like we do right now setting up pop3/smtp/imap).
- holler 4y agoWhat incentive would Twitter or Hacker News have to support the protocol?
- spartanatreyu 4y ago> The fundamental incentives for Twitter as a business have not changed. Have they not changed? This is a genuine question. How much control does Elon actually have? Can he decide to take the company in a direction that don't match the business incentives? Can he tell an employee: "Do this or your fired" because it may make him feel better? Or because he misunderstood the situation and couldn't be told otherwise until he sees the results? Or both? Does he have certain responsibilities that he is supposed to honor? What happens if he doesn't?
- twblalock 4y agoHe could make bad decisions that make the company fail, although frankly the previous leadership was on that path already. It’s clear from his recent announcements that he understands how much Twitter depends on advertisers.
- tkk23 4y ago>>The fundamental incentives for Twitter as a business have not changed. >Have they not changed? This is a genuine question. If Musk pays back the bank loans, there shouldn't be anybody who could force him to continue the ad business and he could offer Twitter for free. A billion users, with 10 tweets per day, that's 4T tweets per year. At 250 bytes per tweet, that's 1P data. At $20 per terabyte, that's $20,000 per year. With the same amount for transfer and servers, Musk should be able to run Twitter for $100,000 plus employees. With those costs, Twitter could be financed by offering image and video tweets as a paid feature for $1 per year.