Every day, 187 million people open Twitter for news, entertainment, and a social connection. It is the real-time global communications network that sci-fi novelists envisioned. It is also a catalyst for conspiracy theories, a forum for hate speech, and a surprisingly lousy business.Magazine , I make the case that Twitter's toxicity and subpar financial results are one and the same problem, amenable to one and the same solution.
Twitter has let toxic content run amok because doing so is in its interest: The company depends on the engagement it generates. Its advertising-driven model prioritizes time on the platform at all costs, and produces an algorithm that amplifies enragement and polarization. Anyone who has been on Twitter will recognize the compulsion to refresh the page and get that dopamine hit, hate-reading enemies and enjoying the glorious dunks on everyone else.
A payment system is another obvious innovation for Twitter. Recently, Clubhouse announced it would be adding payment processing, and TikTok said it had formed a partnership with Shopify that will eventually allow merchants to sell products directly through the app. Why hasn't Twitter done this? For one thing, its CEO also happens to be the CEO of a payments company, Square, where roughly 90% of Jack Dorsey's wealth resides.
profgalloway Short the dollar
profgalloway ProfG, we think alike, here’s song lyrics I wrote: “The platforms claim it’s just human nature, as they dial up the doom, the hate, and take your wagers”
Lmao 😂
profgalloway If there is ever a revolution, politicians won't be the only ones in the people's sights. Big tech, media will be included.
profgalloway Making waves!
profgalloway Wtf has Scott been smoking lately?! Dorsey is the most open minded tech CEO.
profgalloway My 100m$ worth shares of twitter agree. Worse ceo ever.
profgalloway Disagree. Jack's cautious and principled approach has led to Twitter rolling out features that have stayed the course of time. Sure, the board would love more agility but the answer is not to remove a principled founder ceo, rather aid that with muscle (a Sheryl).
profgalloway Ooohhh...shots fired from Prof G. I actually like Dorsey, but it's not about like. Maybe you're right. I dunno.
profgalloway I agree, but who will take Jack's place if he is forced to step down? There must an individual who cares to protect all users on Twitter and not restrict free speech or customer support based on your beliefs. There should be compensation for users who're wrongfully banned also.
profgalloway lol.... Never happening... Next.
profgalloway WHY?!!! IM NOT AGREE WITH THAT 🤨🤨🤨🤨🤨🤨🤨🤨🤨🤨
profgalloway And replace him with Noah Glass
profgalloway He’s been saying this for a while now
profgalloway Who is Scott Galloway? no redemption needed Jack
profgalloway I owe you an apology to ever doubt your sincerity and professionalism. It’s was just like a dream to me when I received my first payment. After my second payment it became a reality now after several payments it has become a way of life. lisaMakT