I don't care what he does with it at this point.
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I think pretty much everyone now ses that he is not as smart as people thought. But doesn't have any sense of self-preservation? He invested so much in Twitter, just to run it into ground by suicidal moves. Everyone uses Twitter? No, no more embedded tweets in all the sites. Ok, someone still uses it? Let's start charging. WTF?
Paywall.. quanrantine.. same thing.
Do you remember when I said I would kill Twitter last? I lied.
"People are mean, and I need a safe place for my free speech" - E. Musty, probably.
Dew it
Granted he's backing into this stupidly, and I can't imagine he'll do this right.
But the basic idea of transitioning away from the ad model toward a user funded model is a good move.
I'd go with something where people can create accounts and follow others for free. Then posting rights cost $5 per year. With an additional $5 for every 5000 followers you get.
That way X can monotize people with hundreds of thousands and millions of followers. At that level, accounts become businesses on their own. A few promotional posts would easily pay for the account.
But the basic idea of transitioning away from the ad model toward a user funded model is a good move.
There's some wishful thinking. This isn't going to be a "transition away from the ad model," this is absolutely going to be about adding revenue in addition to the ad model.
That way X can monotize people with hundreds of thousands and millions of followers. At that level, accounts become businesses on their own. A few promotional posts would easily pay for the account.
Those are the accounts that bring value to Twitter to begin with; you're suggesting people should be charged for the labor they're giving Twitter that drives traffic to the site. They already realized how unbelievably stupid it was to try to demand money from those accounts with the Twitter Blue roll out, they quickly backtracked and gave Twitter Blue for free to accounts with over 1 million followers. Many popular creators are willing to provide content for someone else's site for free, very few are willing to pay for the privilege. Twitter isn't the only game in town; if they start to charge people based on high follower counts they'll leave.
Honestly who didn't see this coming?
As much as people here laugh - because yes, I get that it's very unlikely to work - I actually think this would be better for users than the ad-based model most social media use now.
I think it would be better because it will die out in a month
Who says they would get rid of ads?