We are witnessing social media moving at an unbelievable pace. You wake up everyday learning about new trends.
With all the hype around meta not being able to match the expectations, to Elon Musk doing some peculiar activities with Twitter. Are we about to jump into the new dimension of social media? If yes, then what are your thoughts?
The explosion of visuals
Video will probably get more attention than words than ever. And with VR starting to act as a powerful platform, video will dominate even more.
Social media will only continue to grow, almost exponentially, and will not stay stagnant for long. It's only a matter of where the technology that we're using today would be perfected in the future.
As we’ve seen in the recent past, social media has been a useful tool for the media. It allows us to be informed, stay connected and get a feel for what’s going on in the world. However, it’s also seen as a potential threat to the traditional media. And there are concerns that social media is putting pressure on the news industry.
Social media is changing the way people consume news. And it's changing the way news is produced.
And only one question really remains - what will Elon Musk do with Twitter?
@alessandro_canella Sure! It's in beta currently, so you'll need to request an invite from Dan Romero on Twitter. It's basically a semi-decentralized social platform, where your ID is stored on chain but the media/text is stored off-chain for scaling. https://www.farcaster.xyz
I think the basic logic will not change for years because that depends on human nature. As to the product, the monopoly will continue for a long while until the next revolution of the device come. New interactions and new Scenes are the future of social media.
But we got a long way to go, just look at the situation of Meta.....
By the way, Elon has mentioned a lot of times for WeChat, he wants to make twitter another WeChat, but I think it's too late. Because WeChat achieves monopoly positions in many other industries in China, it combines lots of resources.
@ty_zhang I agree to an extent! Meta is not living up to the hype it created. I also believe that bringing vines back to Twitter will kill its unique identity. Does everybody wants to dance at songs for 15 seconds? Does Twitter needs it? I don't think so.
@colin_johnson5 Sounds interesting! I'd like to learn more about Farcaster 😊
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I think social media generally helps people stay connected and get to know people based on shared interests to learn from each other. This is a basic need, so it's not going away.
With the advent of AI everywhere we will see more and more interesting use cases that allows us to express ourselves better and gives us new opportunities helps grow our skillset by adapting information to our expertise. Fake news is just a precursor to adaptive news. It will be information we can easily consume that is good for us - makes us more open - vs. information that is easy to consume, but is bad because it makes our worldview more narrow.
So much untapped potential... Let's get to work!
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