4 ms·

I still think you didn't get my point, since you seem to be arguing a point I didn't make :) I'll boil it down to just a couple of sentences: It's a democratic

by marvin 4y ago

I still think you didn't get my point, since you seem to be arguing a point I didn't make :) I'll boil it down to just a couple of sentences: It's a democratic problem that 99% of all public discourse is subject to veto and policy from advertisers and payment processers, and the drive to maximize income from these. Even if you disagree on everything else, at least the consequent polarization should be bad enough to concede this point. Solution? Well, obviously the advertisers are free to do what they want, but that doesn't make their pervasive influence any smaller. A problem doesn't disappear just because solutions are elusive. My guess is that Musk wins the battle of the wills here; he no longer needs to maximize advertiser income, just get enough to make the wheels turn. I wouldn't bet the farm on him resolving the issues I've highlighted; he's far too mercurial to have any confidence on that. But he does have a shot, as opposed to everyone else.

pixl97 4y ago
>It's a democratic problem that 99% of all public discourse is subject to veto and policy from advertisers and payment processers In the sense we don't want to fund actual public places for discourse online and instead have pushed this off to private servers ran by private companies, yes. When a large portion of the voter base says "reduce taxes beyond all else" don't expect funding to show up for this. More so the advertising industries are also apt to fund political campaigns so it's unlikely most politicians are going to go out of the way to change status quo. And in that sense the average user is going to be aligned with providing most online interactions as 'somewhat' safe spaces until safety is not aligned with their political sensibilities. I personally don't think that Elon is going to do much other than crash the value of Twitter and lose and epic amount of cash doing so. It's possible that the whole ordeal may push more people to federated social media, but it seems to unlikely to do so in numbers that matter.
- marvin 4y ago
  A service equivalent to Twitter does not cost billions per year to run. In principle, you could boot one up with pocket change and operate it with a small budget. The reason you can't do this in practice is that the network effects are a fundamental requirement, almost impossible to recreate, and all the established operators are forced by shareholder duty to play the adtech game. If you were an effective altruist worried about adtech's pervasive influence on society and had unlimited funds, you could hardly do better than purchasing one of the few established, global social networks. Trim down its cost structure to the bare minimum, make the economics work without letting the global-reach advertisers dictate terms, preserve the network effects that comprise the real value of your media channel and then shape the discourse to serve whatever positive outcome the current system prevents. You'll have the only privately-owned, global-reach media channel in the whole world that's not fundamentally influenced by advertisers. Of course, Elon Musk might not be an effective altruist and the billion-dollar interest payment is an impediment to the above plan, I'll grant you that. But hell, I wouldn't be surprised if the guy just ends up subsidising this thing from his other businesses if he can't make it run organically. That's what I would do. It'd be a uniquely independent and influential media channel. I really don't see why this would make people quit Twitter en masse. The only people quitting Twitter are those who really hate Elon Musk, and there just aren't that many of them. The service works like before and it might well work better, allowing democratic discourse that is viable for a global audience nowhere else. As I mentioned earlier, the conclusion boils down to whether you think Musk means well or not.
  - klyrs 4y ago
    > In principle, you could boot one up with pocket change and operate it with a small budget. In practice, a site with user generated content from millions of users and a shoestring budget is an unmoderated, spam-laden shithole. Or, you can leave the moderation up to AI which permanently bans people for arbitrary and inscrutable reasons. Neither of these outcomes is appealing to the general public.
  - pixl97 4y ago
    Twitter may not cost billions to run, but it's my bet it still costs far more than you expect. Especially when you get to scale and have to avoid things like DDOS and extremely high connection rates and information exchange while retaining low latency. As you say it's the size of the network that makes it important. If you think advertisers are your biggest problem then I'll have to tell you about governments. Piss off the EU with privacy issues and you'll be fined. Piss off Russia/China you'll be banned. Don't keep some level of control over the violent threats US posters are making and you'll be civilly sued as an accessory. And you're still going to spend a massive amount of time and effort banning crap if you want any of your user base to hang around, lest you just create the next 4chan (which even does a fair amount of their own banning).
klyrs 4y ago
The US is first and foremost a capitalist society. One could attempt to argue your characterization that it's "democratic" but in my opinion, that won't stand in the face of of Burwell vs Hobby Lobby and Citizens United vs FEC. If you think Musk is going to defeat capitalism to the point that commoners are heard in the town square, unfettered by the wants of advertisers and media conglomerates, I'd say your chances are better praying that his next venture is a moonshot for time travel, destination circa 1600. Or before: one of the first tunes I learned on the violin was an advertising jingle popularized around then. No, Musk doesn't want the commoner to be heard. He wants his opinion to have center stage. He's certainly not going to undo the grip that capitalism has on the public sphere. He's just another moneyed elite.
- WalterBright 4y ago
  > He's just another moneyed elite. But with a fleet of rockets.
GVIrish 4y ago
> My guess is that Musk wins the battle of the wills here; he no longer needs to maximize advertiser income, just get enough to make the wheels turn Twitter now has to pay $1 billion a year in debt servicing costs. Twitter was not wildly profitable before, so it seems very unlikely Musk can make enough money to break even, much less profit, while losing a large portion of advertising revenue. That's why he's trying cut costs so aggressively, and rushing to gain new subscription revenue.
_ktx2 4y ago
> I'll boil it down to just a couple of sentences: It's a democratic problem that 99% of all public discourse is subject to veto and policy from advertisers and payment processers, and the drive to maximize income from these. Yes in the sense that capitalism isn't and will never be a "fair" system as anyone who participates in it may perceive it. There's a point where any economic system can erode its political cousin whether that be capitalism, socialism, or communism. To me, all you're saying is what others before you have said: we have too much weight in the capitalism category these days. I think most people probably agree with that.
andsoitis 4y ago
If advertising interferes so much with public discourse, as you say, isn’t it then a good thing that advertisers are withdrawing?
snotrockets 4y ago
> My guess is that Musk wins the battle of the wills here; he no longer needs to maximize advertiser income, just get enough to make the wheels turn. Twitter was hardly profitable before, and now it is loaded with more debt than ever. If at all, he needs to sell more ads, not less.
mikkergp 4y ago
> It's a democratic problem that 99% of all public discourse is subject to veto and policy from advertisers and payment processers, and the drive to maximize income from these. The problem is in reverse. Cable news and then Twitter artificially created this idea that a public international town square was a good idea and then decided the need to fund it. Really the Democratic problem is that over the past 30 or so years we’ve flipped the pyramid from focusing on local news and communication to focusing on national and international news and communication. And that is much more expensive to operate.

by marvin 4y ago

pixl97 4y ago

>It's a democratic problem that 99% of all public discourse is subject to veto and policy from advertisers and payment processers In the sense we don't want to fund actual public places for discourse online and instead have pushed this off to private servers ran by private companies, yes. When a large portion of the voter base says "reduce taxes beyond all else" don't expect funding to show up for this. More so the advertising industries are also apt to fund political campaigns so it's unlikely most politicians are going to go out of the way to change status quo. And in that sense the average user is going to be aligned with providing most online interactions as 'somewhat' safe spaces until safety is not aligned with their political sensibilities. I personally don't think that Elon is going to do much other than crash the value of Twitter and lose and epic amount of cash doing so. It's possible that the whole ordeal may push more people to federated social media, but it seems to unlikely to do so in numbers that matter.

marvin 4y ago
A service equivalent to Twitter does not cost billions per year to run. In principle, you could boot one up with pocket change and operate it with a small budget. The reason you can't do this in practice is that the network effects are a fundamental requirement, almost impossible to recreate, and all the established operators are forced by shareholder duty to play the adtech game. If you were an effective altruist worried about adtech's pervasive influence on society and had unlimited funds, you could hardly do better than purchasing one of the few established, global social networks. Trim down its cost structure to the bare minimum, make the economics work without letting the global-reach advertisers dictate terms, preserve the network effects that comprise the real value of your media channel and then shape the discourse to serve whatever positive outcome the current system prevents. You'll have the only privately-owned, global-reach media channel in the whole world that's not fundamentally influenced by advertisers. Of course, Elon Musk might not be an effective altruist and the billion-dollar interest payment is an impediment to the above plan, I'll grant you that. But hell, I wouldn't be surprised if the guy just ends up subsidising this thing from his other businesses if he can't make it run organically. That's what I would do. It'd be a uniquely independent and influential media channel. I really don't see why this would make people quit Twitter en masse. The only people quitting Twitter are those who really hate Elon Musk, and there just aren't that many of them. The service works like before and it might well work better, allowing democratic discourse that is viable for a global audience nowhere else. As I mentioned earlier, the conclusion boils down to whether you think Musk means well or not.
- klyrs 4y ago
  > In principle, you could boot one up with pocket change and operate it with a small budget. In practice, a site with user generated content from millions of users and a shoestring budget is an unmoderated, spam-laden shithole. Or, you can leave the moderation up to AI which permanently bans people for arbitrary and inscrutable reasons. Neither of these outcomes is appealing to the general public.
- pixl97 4y ago
  Twitter may not cost billions to run, but it's my bet it still costs far more than you expect. Especially when you get to scale and have to avoid things like DDOS and extremely high connection rates and information exchange while retaining low latency. As you say it's the size of the network that makes it important. If you think advertisers are your biggest problem then I'll have to tell you about governments. Piss off the EU with privacy issues and you'll be fined. Piss off Russia/China you'll be banned. Don't keep some level of control over the violent threats US posters are making and you'll be civilly sued as an accessory. And you're still going to spend a massive amount of time and effort banning crap if you want any of your user base to hang around, lest you just create the next 4chan (which even does a fair amount of their own banning).

klyrs 4y ago

The US is first and foremost a capitalist society. One could attempt to argue your characterization that it's "democratic" but in my opinion, that won't stand in the face of of Burwell vs Hobby Lobby and Citizens United vs FEC. If you think Musk is going to defeat capitalism to the point that commoners are heard in the town square, unfettered by the wants of advertisers and media conglomerates, I'd say your chances are better praying that his next venture is a moonshot for time travel, destination circa 1600. Or before: one of the first tunes I learned on the violin was an advertising jingle popularized around then. No, Musk doesn't want the commoner to be heard. He wants his opinion to have center stage. He's certainly not going to undo the grip that capitalism has on the public sphere. He's just another moneyed elite.

WalterBright 4y ago
> He's just another moneyed elite. But with a fleet of rockets.

GVIrish 4y ago

> My guess is that Musk wins the battle of the wills here; he no longer needs to maximize advertiser income, just get enough to make the wheels turn Twitter now has to pay $1 billion a year in debt servicing costs. Twitter was not wildly profitable before, so it seems very unlikely Musk can make enough money to break even, much less profit, while losing a large portion of advertising revenue. That's why he's trying cut costs so aggressively, and rushing to gain new subscription revenue.

_ktx2 4y ago

> I'll boil it down to just a couple of sentences: It's a democratic problem that 99% of all public discourse is subject to veto and policy from advertisers and payment processers, and the drive to maximize income from these. Yes in the sense that capitalism isn't and will never be a "fair" system as anyone who participates in it may perceive it. There's a point where any economic system can erode its political cousin whether that be capitalism, socialism, or communism. To me, all you're saying is what others before you have said: we have too much weight in the capitalism category these days. I think most people probably agree with that.

andsoitis 4y ago

If advertising interferes so much with public discourse, as you say, isn’t it then a good thing that advertisers are withdrawing?

snotrockets 4y ago

> My guess is that Musk wins the battle of the wills here; he no longer needs to maximize advertiser income, just get enough to make the wheels turn. Twitter was hardly profitable before, and now it is loaded with more debt than ever. If at all, he needs to sell more ads, not less.

mikkergp 4y ago

> It's a democratic problem that 99% of all public discourse is subject to veto and policy from advertisers and payment processers, and the drive to maximize income from these. The problem is in reverse. Cable news and then Twitter artificially created this idea that a public international town square was a good idea and then decided the need to fund it. Really the Democratic problem is that over the past 30 or so years we’ve flipped the pyramid from focusing on local news and communication to focusing on national and international news and communication. And that is much more expensive to operate.