I resigned from Twitter
twitter.com
twitter.com
[1] If you have access to the Internet, that is. [2] https://en.wikipedia.org/wiki/Speakers%27_Corner [3] https://twitter.com/jack/status/1204766078468911106
Twitter don't even have an RSS feed let alone championing decentralisation.
I'd say the sword and the coin have both been far more controlling than limited information spread.
What of free society? Is the government of the USA, UK, or other "enlightened" societies throughout history relying upon censorship and denial of information? I think they're moreso allowing moneyed interests and plutocracy to have lobbying and backdoor dealings, they can easily ignore the public square most of the time. I just don't see Twitter piercing the armor of entrenched interests that well.
In contrast, I do see it degrading and toxifying democratic discourse, making us less resilient and more divided. That's anti-thetical to a free society in my view.
You’re taking the same company that repeatedly used their api to kill all the third party competitors to their horrible client(s)? I avoid Twitter like the plague And even I followed them enough to know they are anything but open.
More like the closest to a worldwide-accessible bar fight. It's been nothing but a truly destructive force.
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.
Far, far, far from it! They actively suppress information they do not like, while giving reasons for it that are transparently double standards.
Until the Great Bluecheck Purge, which revoked the verified status of significant twitterati - not because of question about their identity, but because their politics were incorrect.
Look folks, Twitter was never really profitable and it showed. Innovation has been lagging for years, and they had to rely on sensationalism from Trump that simply can't be allowed to persist any more.
The profit model has changed, and therefore the CEO music change.
The big question is where it all will go next. I can think of several ideas that will improve the platform, but nobody asked me to write them, and I'm not getting paid CEO money by them to spit it out.
The biggest question now is what will happen next... I guarantee you though, any more plots to start billing users and turn Twitter into more of a "pay-for-play-ware" or "freemium" service will lead to a giant user base exodus. ;/
I knew <software_name_here> when it used to rock-n-roll. I knew <software_name_here> when it used to do the pony.
to tally software that started great but alas died on the vine.
1) Remember that CEOs of public companies are essentially unable to say what they think or want. The cost of doing it is being sued for damages, having to spend countless hours with lawyers, etc. Jack might think X, but he's only allowed to say Y, and he doesn't want to go beyond that because he doesn't want to fight that fight.
Only people in a close circle really know what's going on, and it's most certainly not random people on the Internet (or HN).
2) Also, consider that Twitter, and perhaps Facebook (sorry but I don't give a sh*t that its new name is Meta), are really difficult companies to run, especially if you'd like to do some public good, as opposed to just maximizing returns.
There are so many things that can go wrong, so many other things that will set your company on fire without warnings, and that doesn't give people the time to think strategically on how to tackle certain difficult scenarios.
Twitter and Facebook essentially control most of the public discourse these days; never seen such amount of power in the hands of a few companies.
3) Despite common opinion, I actually think that Twitter (unlike Facebook) has done more good than harm. Why? Because it has essentially enabled an incredible explosion of "voices" that can be heard (err, read) all over the world.
4) Yes, we can think of countless ways to make Twitter better, but remember that Twitter is not run by Jack Dorsey, nor that other companies are run by their CEOs. Companies are run by boards, which means, by large funds with controlling interest in these companies. Even a well-intentioned CEO has to fight against many things his/her board want. And unlike enlightened CEOs, enlightened boards are essentially a very rare creature, almost never seen on planet Earth (IMHO).
5) You might think I'm defending Jack, perhaps I am, but it might be because hatred is really easy to dispense, while trying to be balanced in your judgement is really hard, and perhaps the conversation about Twitter should benefit from cooler heads, as opposed to quick slogans.
> never seen such amount of power in the hands of a few companies.
These two points seem contradictory. If you are very powerful, you can draw on great resources, and you can address many things.
Twitter has more than enough resource to prevent it from being the extremely harmful manipulation machine that it is.
There is no excuse beyond “we want money more than a healthy society.”
Very controlled, curated, and politically corrected explosion. "Very lively debate within allowed spectrum".
FB (Meta?) is run by its CEO. He controls the board. This is rare, of course (and perhaps unique for a company of this size and powe).
clearly, you do
Elon Musk seems pretty free. He just pays the fines time to time.
And by better I mean, less divisive, and less mindless scrolling of memes/low effort content.
Thinking about it from the business's perspective, it probably ultimately also lowers their user engagement metrics. Users get a higher quality experience using the site, but also spend less time on the site. It sorta reminds me of the freemium/grinding experience in games today. It makes for a worse game experience, but a better company bottom line.
I don't see anything that normally hits the front page, everything I do see is somewhat relevant to me, and it basically deletes all politics from what is presented.
By far the best reddit experience possible, I think.
It’s like programming using only global variables.
Square, ~$100B Market Cap, profitable, still mainly US based and growing. Crypto and Payment. Lots of potentials.
It is not too hard to pick which one to run.
This is par for the course, ask a politician a question get a non-answer, ask an NFL coach about the next game “They are a good team, we have to practice hard.” It’s all just talking without really saying anything.
Like a trial that is touching a lot of big players in tech?
something.. something.... L*** express?
Thus resigning is better for the shareholders and him.
Twitter's not immune from ending up on this list (on a long enough timeline):
https://en.wikipedia.org/wiki/List_of_defunct_social_network...
See his recent interview on CNN : https://www.facebook.com/cnn/videos/2100868666791589/
I think the bigger issue is who gets to replace him: will it be someone with smart ideas or someone to serve as a puppet of activist investors? I can't find a source right now but I remember at the time Fleets were launched (Twitter's since-removed version of Stories) that the feature was pushed heavily by investors rather than anyone inside the company. If that's true then the next CEO could be a true disaster.
EDIT: ah, there we are: https://pxlnv.com/linklog/twitter-fleets-elliott-management/, and a deeper read on Elliot Management: https://www.newyorker.com/magazine/2018/08/27/paul-singer-do...
A fun case of "rules for thee, but not for me" when it comes to anti-moonlighting clauses and such. I can't "give it my all" if I take some weekend gigs, but you can hold two C-suite positions, be on two boards, plus have an "advisory" role with some startup? It's a lot like drug testing for front-line folks while the C-suite are exempt (and would fall apart if denied their various chemical habits).
I agree. As much as he tried to justify the dual CEO roles, it never made any sense.
It was also maddening to watch him shift to a 3rd focus of promoting cryptocurrency and his own cryptocurrency investments. Hanging on to the CEO role of both Twitter and Square put him in a great position to push both companies toward more cryptocurrency integration, but it never felt like it was being done for the benefit of the users of each platform.
> Parag started here as an engineer who cared deeply about our work and now he's our CEO... Parag will be able to channel this energy best because he's lived it and knows what it takes.
Facebook is a giant VR company and three-four giant social networking companies. Google runs phone infrastructure, search, self driving cars. Amazon is a giant retail outlet plus a giant cloud services company.
Is running both a social media company and a fintech firm that different, even though they aren't grouped under a single corporate owner?
Stunning article. Everyone has a bit of dirt on them I suppose, and it's more important than ever to safeguard one's privacy.
Jack explicitly says that Parag Agrawal (current CTO) is replacing him.
Edit: typo + speaking as an ex-Twitter engineer circa 2011
Seems more likely that Jack has been the puppet of activist employee's not investors. Hopefully Twitter will hire someone to have a back bone in the face of the activist employee's that want twitter to be a political echo-chamber / safe space
Is Twitter the way it is because of activist investors, or just capitalists (in the literal, neutral sense of the term) who know that certain crowds are easily manipulated?
Elon Musk
Elon Musk would disagree.
stock is back to where it was a week ago, and is still lower than most of the year. These headlines are meaningless.
They've been making progress in the last year or two but I suspect most people think they could be doing more...
Edit: The submission to HN was before the tweet. Huh? I guess it originally linked to somewhere else.
> Our role is not to be bound by the First Amendment, but our role is to serve a healthy public conversation and our moves are reflective of things that we believe lead to a healthier public conversation. The kinds of things that we do about this is, focus less on thinking about free speech, but thinking about how the times have changed. One of the changes today that we see is speech is easy on the internet. Most people can speak. Where our role is particularly emphasized is who can be heard. The scarce commodity today is attention. There's a lot of content out there. A lot of tweets out there, not all of it gets attention, some subset of it gets attention. And so increasingly our role is moving towards how we recommend content and that sort of, is, is, a struggle that we're working through in terms of how we make sure these recommendation systems that we're building, how we direct people's attention is leading to a healthy public conversation that is most participatory.
https://www.technologyreview.com/2020/11/18/1012066/emtech-s...
Sounds like he advocates an emphasis on how to algorithmically "guide" the conversation and shape public opinion....
A social media CEO that's interested in breaking the cycle there and trying to recommend content that's more constructive than inflammatory sounds like a great thing to me. Yes, there are a dozen pitfalls awaiting anyone that tries, but it's still worth attempting.
But as seen on Instagram, YouTube and TikTok, this is not most effective way to make money.
He's only acknowledging that they're already algorithmically guiding the conversation and shaping public opinion. The algorithms are just bad: there are tons of feedback loops, too much emphasis on amplifying the already-popular and virtually no effort to de-emphasize the trash, and so you end up with a dumpster-fire / cacophony that Twitter is today.
Hacker News discussions are great because they're so well-moderated. It's not hard to imagine Twitter doing a better job of algorithmically demoting some of the obvious rage-bait, fake news, straight-up hate speech, etc.
Strictly from a business pov, that couldn't be good for stability.
Twitter was Jack's baby, and he loved it so much that he gave 50% of his Square time to leading Twitter. Jack has so much more to gain from Square from both an equity and Bitcoin maximalist perspective, it's curious why Jack would try to lead two very demanding companies simultaneously. (Not that it can't be done. Elon, Jack, et al. have done it for years.)
My thought is that this is Jack returning focus to Square after the recent SQ earnings report miss, slowing growth of Cash App, stock slip (down 20%), and incredibly increased competition from Shopify, PayPal, and now MAGMA. (Microsoft is entering BNPL, Google/Apple/Facebook pay, etc.)
Twitter is already taking steps to get less unpleasant. Having a thoughtful tech-oriented CEO work on their issues full time ought to go a long way toward accelerating their progress, if Microsoft is any example.
His successor could very well be much more aggressive in this respect.
Twitter CEO Jack Dorsey is expected to step down from his executive role, sources tell CNBC’s David Faber.
Twitter stock jumped more than 11% on the news.
This is breaking news. Please check back for updates.
----This whole thing is so bizarre
Why? He's been a part-time CEO whose focus has clearly been on Square. Having a full-time CEO focused on a company with as high a profile as Twitter makes a lot of sense.
Twitter CEO Jack Dorsey is expected to step down from his executive role, sources tell CNBC's David Faber.
Twitter stock jumped more than 11% on the news.
Dorsey currently serves as both the CEO of Twitter and Square, his digital payments company. Twitter stakeholder Elliott Management had sought to replace Jack Dorsey as CEO in 2020 before the investment firm reached a deal with the company's management.
Elliott Management founder and billionaire investor Paul Singer had wondered whether Dorsey should run both of the public companies, calling for him to step down as CEO of one of them.
It's unclear who's set to succeed Dorsey. But if he steps down, the next CEO will have to meet Twitter's aggressive internal goals. The company said earlier this year it aims to have 315 million monetizable daily active users by the end of 2023 and to at least double its annual revenue in that year.
Twitter did not respond to a request for comment.
Right. It better close up more than 11% today.
[0] https://www.macrotrends.net/stocks/charts/TWTR/twitter/numbe...
Smoke and mirrors and pay-for-play have completely corrupted social media now since the pandemic. "Success" on social platforms depends on how much you can afford to pay for it.
I understand everyone has bills to pay, but these services started out as free services and converted stealthily and at times deceptively into paid services, and that shouldn't be just overlooked or given a pass.
https://www.foxnews.com/politics/twitter-paul-singer-republi...
Tweet by Jack confirming...
https://news.ycombinator.com/item?id=29381199
EDIT: Now that the threads are merged, you can ignore this comment!
Then about 2 years later, the site became very fast which kept me stay.
It seems Twitter team is one of the most responsive dev team that i've seen.
Notably, he left well before the 2024 election season.
He'll face a lot less political pressure now.
And it's not like he has shown some sort of political backbone either. Twitter is much much more of a political cesspool, and has an odd persuasive influence on real life politics that facebook posts just doesn't have. And that's with Twitter being pretty okay with handing out bans and protecting blue checkmarks (and it's obvious they have a very heavy biais when it comes to who they verify). I'm genuinely puzzled that you can see dorsey as having stood up for pretty much anything.
I know this is very unpopular but while Zuckerberg has obviously no problem with turning his platform into a creepy ad filled universe he controls, he's still infinitely more "backboned". 99% of the attention fb or Zuckerberg are getting is due to their (relatively) unwavering obsession with their vision of free speech and an open platform. Every single major media platform on pretty much both sides has been trashing him and facebook for the past 4 years. He could've gone the dorsey way of just yielding and taking the very easy path of doing whatever to make the controversy go away but he didn't. You can agree or disagree with his stance, but at least he has one (again, I'm not talking about the monetization or ad side). If he didnt, the past 4 years would've been a breeze for him and Meta. Remember, most of the mainstream controversy has been about allowing fake news, wrong think, how the platform is moderated, how meta is totally why the other side won... The privacy/tracking/advertising issues have been mostly ignored in comparison (they probably have been covered extensively on HN but that's an outlier) unless they overlapped with a political tribe issue.
Wasting tons of his time and resources on promoting cryptocurrency + NFTs was also actively bad for the Twitter ecosystem - it creates lots of negative sentiment and attention that distracts from features relevant to the rest of the userbase. These days I periodically see high-profile Twitter accounts being hijacked by hackers in order to boost crypto and NFTs and when you read coverage of NFTs in the news it's often about scams - why would you willingly associate Twitter with that kind of negative buzz when you could wait until it's settled down?
By blocking any 3rd party use of Twitter and making it impossible to write your own clients? It's more like he Killed the eco-system
people on the opposite side of the privileged class are barely allowed to exist on those platforms - only if they police their speech very carefully to avoid breaking a myriad of vague and unwritten rules, and even then they're still subject to being unpersoned for some perceived offense committed off-platform.
It’s really difficult to read when you can’t properly zoom and stuff
There are no "community standards". There are corporate rules and censorship. We are not a community if we can't have free speech. We are subject to a corporation that is publishing and benefitting our content, subject to their terms and political beliefs.
I am biased here because it's the only place I have any sort of social 'presence or interaction', and care about it more than Facebook, which I don't use, or any other service that stores people's data.
I know it's technically possible to "download my content", but that's a poor substitute for a more transparent Twitter, with _easy_ and _open_ API access.
But He is still the CEO of Square.
So I am wondering if setting the start to X:05 might help?
Humor HN: I knew <software_name_here> when it used to rock-n-roll.
I knew <software_name_here> when it used to to the pony.
to tally software that started great but alas died on the vine.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?
1. Twitter is the last untapped value in social 2. Jack doesn't know how to monetize it
Now I'm very much interested to see if I was right or not.
"If they are not gonna make a distinction between muslims and extremists, then why should I distinguish between white people and racists."
— Parag Agrawal (@paraga) October 26, 2010
“Our role is not to be bound by the First Amendment, but our role is to serve a healthy public conversation and our moves are reflective of things that we believe lead to a healthier public conversation,” said Agrawal.“The kinds of things that we do about this is, focus less on thinking about free speech, but thinking about how the times have changed.”
"Startup idea: Twitter with full-time CEO"
Well, some things come true.
I'd love to know what goes on in his head besides the PR crap he's posting.
Seems like they've taken forever to build an actually decent business out of the platform, despite widespread use.
[0] https://edition.cnn.com/2021/03/23/tech/jack-dorsey-nft-twee...
> I love twitter
Weird timing. Also I don’t know anyone who actively and daily uses Pinterest.
And shareholders expect this which is why shares are up today.
I think you're right, but it's debatable whether it's a good business decision.
Smart.
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 wind.
The environment is essentially one designed for brain viruses, where whether you click RT (after thinking around 5 seconds about it) determines the Rt. The most superficially convincing, novel looking and emotion inducing content wins. You can get your misinformation in two flavors: deliberate disinformation by grifters, or accidental misinformation, sometimes by real experts who (like everyone else) make a sensational mistake that gets super amplified.
The worst bit is that social media is becoming the primary source of news for most people today. The results have been nothing short of catastrophic.
The new CEO has quite a bit of work in front of them.
William Randolph Hearst (https://en.wikipedia.org/wiki/William_Randolph_Hearst) did all of this first in the early 1900s. (Along with his rival Pulitzer. But the image above is clearly in Hearst's image, a fact probably lost to the modern audience)
The "problems" you state are far older than Twitter, and its best to study history and the problem of "Yellow Journalism". Over 100 years ago, people were complaining about false-outrage that manipulates the American public.
The only thing that has changed is that the American public has _forgotten_ what it was like to live in a outrage-fueled society, and we have to relearn the lessons of the past now. We need laws and society to change and recognize that all this fake-outrage is damaging ourselves, our psyche, and ultimately, our society.
EDIT: I need to add clarification. I don't mean when breaking news gets onto mainstream channels. No question that happens.
What I mean is the use of a single tweet with maybe 1 or 2 likes here or there to reflect public sentiment on different issues. All any news station had to do was fish through the pile of tweets about any given topic to find something they wanted to show on air and then act as if it represented a large segment of people. I watched it happen over and over for years.
Twitter created the ability to engineer the perception of public sentiment already with bots, but when main stream news joined in things went downhill much, much faster.
No, social media is not the root problem - it showed us who we really are.
> The worst bit is that social media is becoming the primary source of news for most people today. The results have been nothing short of catastrophic.
There is good news - people are figuring out the effects of social media. Your post is one example - you see there are issues, you have "woken up." The "Social Dilemma" on netflix is another example, that deprogrammed a lot of people. Frances Haugen's testimony to congress, another. Slowly and surely, people will build "immunity" to "mind viruses." Humans fought this battle and won [1], but the war will go on as long as humans and media coexist.
Maybe people here are too young to remember how toxic, argumentative, irrational and judgmental everything else was that came previously: forums, mailing lists, Usenet, you name it.
Sure products can influence user behaviour but they can't totally change it. And if none of them (as you assert) "improve accuracy, increase thoughtfulness, paint nuance" ask yourself why: is it because all the platform providers are wrong? Or simply that's what users want?
Personally I've never liked Twitter. Of all the platforms I find it dominated by people who like the sounds of their own voices. I've described it as a "write only" platform. Even calling it "social media" seems like a stretch as there are no relationships, just people you follow and a news feed.
Of course they never achieved the same technological pace. Also, nowadays, when you think of newspapers, you think mostly of quality publications, writing considered, contextualised pieces.
But even nowadays, there are plenty of crappy tabloids chasing ad revenue (clicks?), with no regard for information and only about the shock factor. And in the past it was much worse, since the whole cesspit of attention-grabbing was contained in newspapers and pamphlets.
Tech changes, humans don’t.
I wonder what the mods found objectionable. Its a general news event, so this kind of commentary seems relevant. Social media CEOs are facing this problem everywhere and they seem unable (or unwilling?) to fight it.
Those are indeed elementary factors, but I think that Twitter's effectiveness stems from how it enables tribal thinking and actively nourishes it with its algorithmic ranking.
It's one gigantic outrage machine, and few things are as addictive as outrage.
But as CTO, the new CEO seems to have focused on increasing engagement and growing audiences. Unless that changes, expect the problem you describe to get bigger.
I believe that free publishing, or many-to-many media, is crucial for the future of our society. If anything, it is still not easy enought to get ideas out there and discussed (unless you have enough reach).
To phrase it a bit provocatively, I believe radical democracy is a good thing, even if many of the plebs are stupid.
I really liked the "Hi mom!" at the end of the letter. To be one of the co-founders and CEO of global tech co, and to say "Hi mom!" at the end of the your publicly shared resignation letter is such a big flex.
I understand his mom must already have been very proud of him, but this hit different.
How the fuck does Elon do it then? The mf has like four concurrent organizations under his helm.
> I think the bigger issue is who gets to replace him: will it be someone with smart ideas or someone to serve as a puppet of activist investors?
The rising stock price implies yes. Elliot MG has been desperate to make twitter the next mega app. Expect payment options, return of VIne as a tiktok clone, etc
Engagement is key, afterall. Good bye to text, I guess.
https://www.wired.com/story/how-elon-musk-gwynne-shotwell-jo...
As for Neuralink and The Boring Company…well, I am typing this, not using my brain-machine interface, and my friend took the Blue Line from O’Hare this morning, and not some underground supertrain.
https://www.chicagotribune.com/business/ct-biz-elon-musk-hyp...
Jack is CEO of two public companies and one is arguably underperforming, that's an untenable situation.
Tesla = primary concern | SpaceX = Gwynne Shotwell (Prez & COO) | Boring Company/Neuralink ["Labs" projects] = funsies
Outside of Tesla the other companies are not viable yet.
Outside of his role as a visionary and promoter, I think his affect on the day-to-day of his companies might be questionable to negative.
There is SpaceX (mostly run by Gwynne Shotwell) and Tesla. DeepMind/Boring Company are mostly just marketing schemes.
I think the secret is having some really stellar #2’s. Gwynne Shotwell Does wonders for space-x giving Elon the space to focus on the non-boring next-gen stuff. Jack had the same with Sarah Friar at Square but she left for Nextdoor. He also used to have Anthony Noto doing the company building at Twitter but he left for Square? But honestly, Elon’s probably an anomaly and no one else could match that ethic and sprawl
I mean either you share links to long-form content, or source an opinion, or you are contributing nothing to a discussion.
Also, the promoted tweets are always way, way off my interests. They look like pigeon droppings on my windshield.
You want Twitter to be the most transparent company? Maybe start by making it accessible to the visually impaired by not posting images of text.
He should've done a sentence a tweet and threw a mention to threaderapp at the end...
We detached this subthread from https://news.ycombinator.com/item?id=29384379.
he seems also a bit into the transhumanist narrative
It feels like it's easier to marie-kondo people I don't care for anymore in twitter since there's little-to-no-expectation that I know anyone on twitter, and for me, anyways, twitter is a much more pleasant experience than any other social network has been.
Maybe we just should accept that we are not cognitively equipped to deal with all that comes with social media. It's just too much for our brains, and having a sane relationship with them requires an active effort to moderate who you follow.
Yes, they optimize por clicks and views, yet Twitter at least allows you total control of what are you consuming.
So if there's any social media out there that has both utility and allows control, it's Twitter.
FB it's another level of shady shit we can discuss another day.
When 10 people are agreeing vicariously and there is a sense that any dissent is crushed, time to be the person playing devil’s advocate and challenge them. This can happen in a small context and it usually is harmless. But on Twitter, you’re going to feel the weight of the world when you go against the grain. The mob will chase after you. They’ll become more powerful as bystanders join. You will be crushed. Others will take a note and feel the chilling effect.
Comments are often terrible. You know the kind of comment where you have absolutely no idea what is being discussed or why, only that it has made someone very angry? Twitter is the land of such comments, devoid of anything other than hostility or snark (for a mile example, a gif of "double face palm, when one face palm isn't enough" kind of thing - you really have no idea that the person is responding to or what their thought are).
I don’t post, and I don’t follow people.
If anyone is feeling any of what the OP has felt, strongly encourage changing how you use it.
Nothing is worth this.
His move is the ultimate founder/rich playboy move. Maybe he will buy that magazine.
I predict Twitter will die a death of irrelevancy sooner than we think, given that Dorsey was fighting and failed. Nobody is interested in playing in the Twitter Commons Playground if it can’t stay fresh and neutral.