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A space for sharing and discussing news related to global current events, technology, and society.
69464 Members
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© 2020 Relevant Protocols Inc.
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"My position on this, which I wrote about this week for Fast Company, is that alienating so-called power users — high-volume, high-follower accounts —is a bad idea. The economic reality of Twitter’s business is that it is highly dependent on the content produced by these power users, who generate most of the traffic on the site. Twitter doesn’t pay these users — of whom AOC is one — anything, but it derives enormous economic value from their work. So nickel-and-diming them by requiring them to pay $8 a month for a small perk is a quintessential pennywise, pound-foolish move. Others disagree. They think power users are well-compensated for their tweets in the form of the exposure that Twitter gives them, which creates more opportunities to build the brand and market themselves, and therefore it’s totally reasonable for Musk to try to get a little money out of them."
"My position on this, which I wrote about this week for Fast Company, is that alienating so-called power users — high-volume, high-follower accounts —is a bad idea. The economic reality of Twitter’s business is that it is highly dependent on the content produced by these power users, who generate most of the traffic on the site. Twitter doesn’t pay these users — of whom AOC is one — anything, but it derives enormous economic value from their work. So nickel-and-diming them by requiring them to pay $8 a month for a small perk is a quintessential pennywise, pound-foolish move. Others disagree. They think power users are well-compensated for their tweets in the form of the exposure that Twitter gives them, which creates more opportunities to build the brand and market themselves, and therefore it’s totally reasonable for Musk to try to get a little money out of them."
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