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I resigned from Twitter

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Re: I resigned from Twitter

#781
post #689

He's left to focus on his ideas for making money with Bitcoin. Compared to crypto, Twitter is just not very exciting.

I don't know him personally so I could certainly be mistaken, but from listening to him speak/write and based on his charitable giving I don't get the impression at all that Jack is motivated by riches. I think he is genuinely interested in Bitcoin as a tool for advancing humanity. I also don't get the impression he is interested in 'crypto'. I guess it remains to be seen though.

> based on his charitable giving I don't get the impression at all that Jack is motivated by riches.

Well, if you have more riches, you can do more charitable giving, so I don't see why he would not be motivated by the possibility of more riches.

Re: I resigned from Twitter

#782
post #608

I'm in a post-Thanksgiving charitable mood, so thank you, Jack. The execution hasn't been perfect (as has been commented on ad nauseam), but Twitter is the closest to a worldwide-accessible [1] Speaker's Corner [2] I know of, and that - despite all the completely valid criticism - is a valuable public service: mediating access to information has been the defining tool of control for those in power pretty much since c…

> I, for one, will always pick an imperfectly moderated cesspool

I once thought like that. And now, after seeing the cesspool of hate and ignorance on social media, and the turmoil it has created, I miss the days of quality journalism. Today, I fear getting trapped into echo chambers on the net, and not knowing anything beyond the narrow view they create. Having to figure out what content to trust is also not only tiring, but dangerous too.

Re: I resigned from Twitter

#783
Question for those who use/don't use Twitter and Reddit:

Twitter feeds seem more oriented towards a specific person whereas Reddit seems more oriented towards a specific topic. Which one do you think works best for you? What would you change?

Re: I resigned from Twitter

#785
post #751

Earlier quoted context omitted.

Just because you don't see functionality changing doesn't mean it isn't. Lots of new features, just not for the normal users. Not to mention all the backend work to make all this data flow around, be accurate, and be reliable. And also, there's not just engineering. HR, Accounting, Lawyers, Trust and Safety, it's all there

The point I'm trying to make is assume that user-side functionality stays exactly the same - frozen - for say 10 years. Given what you say above, it would be reasonable to expect the company to continue to grow in any case on its current 10-20% compounded annual rate with no end in sight. Is that truly sustainable?

Twitter is a platform that offers a product. Your attention is the product.

The part of Twitter required to maintain a decent stock of product has not needed to change outwardly, because it hasn't had to. There hasn't been a new version of human in a very long time. But even then, anything that creates more product (drives more engagement) means more revenue opportunity for the 90% of the platform you will never touch.

The parts of the product that theoretically make revenue for Twitter have changed significantly over time. Analytics, ad intake/spend, promotion for influencers/brands/etc.

Re: I resigned from Twitter

#786
post #608

I'm in a post-Thanksgiving charitable mood, so thank you, Jack. The execution hasn't been perfect (as has been commented on ad nauseam), but Twitter is the closest to a worldwide-accessible [1] Speaker's Corner [2] I know of, and that - despite all the completely valid criticism - is a valuable public service: mediating access to information has been the defining tool of control for those in power pretty much since c…

yes believe the fake story

Re: I resigned from Twitter

#787

Earlier quoted context omitted.

Ahh yet another person who sees the user facing systems as "the product", or worse "the hard part". Sigh.

Which systems are the "hard" parts? Given zero functionality change, how much larger can and should Twitter grow? Is the complication a function of ad revenue, volume of content, user traffic?

It’s usually about the systems that serve the clients(the people who pay money to Twitter) and other parts of the company. They probably have a lot of internal system and corporate facing that change and evolve as the business evolves. Think contents management, legal, payments, BI, abuse prevention, systems performance, testing, growth, compliance, ads management for the customers and management for the ads purchases and performance, custom access to select people or clients and god knows what.

The hard part is the business part.

Re: I resigned from Twitter

#788
post #753

Earlier quoted context omitted.

A CEO isn't a dictator. They still need board support. If everyone on the board decided that Jack wasn't the guy anymore, Jack can't wave a magic wand and make them disappear. CEOs have been ousted many times.

From what I hear that's not the case the with Zuckerberg, in that most decisions go through him. I would guess the same with Elon

That's because Zuckerberg stacked the decks that way because he pressed his advantage early. He owns controlling interest of his operation and it can't be wrested from him.

I don't think it's the best approach to manage a company but it's sure been lucrative for Mark.

Re: I resigned from Twitter

#789
post #352

Twitter and other social media are probably the biggest problem of our time. By providing simple rules of information flow: small amount of content, retweet, followers) and rewards (likes), they've created the most efficient engines for finding and spreading novelty at the expense of everything else. There are no incentives to improve accuracy, increase thoughtfulness, paint nuance. Fact checking gets lost in the win…

You do realize that there is a pandemic ongoing, right? While not good the moral panic about social media is downright absurd and lacks any sense of proportion.

You do realize that social media is responsible for quite a few of the problems we have had during the pandemic?

People are dying because of social-media-amplified misinformation: https://threadreaderapp.com/thread/1460368038859919361.html

Re: I resigned from Twitter

#790
post #753

Earlier quoted context omitted.

A CEO isn't a dictator. They still need board support. If everyone on the board decided that Jack wasn't the guy anymore, Jack can't wave a magic wand and make them disappear. CEOs have been ousted many times.

From what I hear that's not the case the with Zuckerberg, in that most decisions go through him. I would guess the same with Elon

Zuckerberg owns too much from the company. Elon is the public figure of his companies and firing him crashes the stock.
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