It’s ultimately a math question: are you more likely to find compelling content from the few hundred people in your social network, or from the millions of people posting on the service? The answer is obviously the latter, but that answer is only achievable if you have the means of discovering that compelling content, and, to be fair to both... See more
While Meta’s paid messaging tools brought in about $1 billion last year — peanuts compared to the whopping $132 billion the company earned from ads — paid messaging revenue is growing far faster than ad revenue and has more than doubled since early 2023.
On top of this, much of the digital regulatory work of the past two decades has used an unhelpful consumer goods framing. Thinking in terms of consumer goods limits the space of interventions: you will mostly consider safety concerns. But regulating structural power needs itself to be much more about creating the kind of structure that supports an... See more
It was striking how many of Elon’s early tweets about Twitter’s issues seemed to pin Twitter’s underperformance on engineering problems. Response times, things of that nature. But Twitter’s appeal was never a pure feat of engineering, nor were its problems solely the fault of engineering malpractice. They were human in nature. Twitter isn’t, as... See more