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The Age of Social Media Is Changing and Entering a Less Toxic Era

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I’ve become a social-media ghost over the past few years. I haven’t posted on Instagram since December, I’ve gone from tweeting several times a day to a couple of times a week, and I haven’t signed into Facebook or Snapchat in ages. Looking at many of my profiles, you’d think they were abandoned. And I’m not alone: People are spending less and less time on social media.

For more than a decade, social media has brought people together on a handful of platforms, most notably Facebook, Instagram, and Twitter. But in an effort to feed the rapacious desire for growth, these platforms have transformed from places for people to connect to entertainment channels. As the big players have deteriorated into a chaotic mash of shouting and sponsored content, alienated users are decamping for a hodgepodge of platforms.

Like many young people, I’ve taken refuge in close-knit private circles such as group chats. In these smaller spaces, populated with friends and family, I don’t feel the crippling pressure to overshare and harvest my every thought for possible work opportunities. These havens are free from the round-the-clock avalanche of meticulously curated content, ads, and brand campaigns. Instead of the stilted experience of hanging out in a shopping mall, group chats feel more like an intimate dinner at a friend’s house.

People are also turning toward a new crop of social-media platforms that have emerged in the past few years to capitalize on the void left by the deterioration of large platforms. Some of the new entrants are trying to recreate the original, clutter-free social experiences big platforms used to offer, while others are experimenting with radical ideas to reboot the concept from scratch.

So far, none of the new sites can compete with the sheer size of the old, centralized networks, but they do offer some hope. As people grow tired of toxic and addictive platforms that undermine real social connection, this new wave of social-focused upstarts could end up producing a healthier online environment.

Whatever you think of social media’s future, it’s increasingly clear that the big-platform party is over. But instead of spelling the death of social media, it may be the beginning of a better era. Welcome to the Great Social Media Splintering.

Step into the ‘pluriverse’

Major platforms such as Facebook have long abandoned their goal to “bring the world closer together” in favor of “profit-motivated and engagement-inducing designs” that keep us hooked and drive growth, Ben Grosser, an artist and faculty associate at Harvard University’s Berkman Klein Center for Internet & Society, told me. A flood of research has found that this shift in the companies’ priorities has shaped everyday users for the worse.

One recent study found social media could cause an increase in eating disorders and poor body image in men and women. And researchers have theorized that by lumping people with disparate views together in a faceless melee, the technology that was supposed to bring us together has made us more polarized. Broadly speaking, social media’s always-on nature is unnatural. We aren’t supposed to talk so much, and posting in front of thousands of people every day causes our ability to communicate to break down.

But for all its flaws, I have depended on big platforms. My job as a freelance journalist hinges on a public audience and my ability to keep tabs on developing news. The fatigue I have felt is therefore partly fueled by another, more-pressing concern: Which social network should I bank on? It isn’t that I don’t want to post; I just don’t know where to do it anymore.

It isn’t that I don’t want to post; I just don’t know where to do it anymore.

In the past year, I’ve helplessly migrated alongside most of my network from one new platform to another — Discord, Bluesky, Threads. You name it, I’ve tried it. The pattern is the same: I sign up for the hot, new app, toy with it for a few days, and then quickly abandon it. While widespread platform migrations have taken place successfully over the years — I migrated from Google’s Orkut, a popular platform in India and Brazil in the late aughts, to Facebook to Instagram to TikTok — I have never before found myself in no man’s land. If none of these platforms are lining up to be the new Facebook, what is the future?

Chand Rajendra-Nicolucci, who researches digital public infrastructure at the University of Massachusetts Amherst, said there’s a reboot taking place now and that social media’s future might be “more private and more fragmented.” In a white paper published earlier this year, he and his colleagues envisioned a “pluriverse” consisting of existing platforms and an ecosystem of “very small online platforms” — private communities and niche services that host the kind of intimate or interest-specific conversations poorly served by today’s digital public sphere.

In a way, the pluriverse is already here. People can be active on half a dozen social-media apps, using each for a unique purpose and audience. On “public” platforms such as LinkedIn and X, formerly Twitter, I carefully curate my presence and use them exclusively as public-broadcasting tools for promotions and outreach. But for socializing, I retreat to various tight-knit, private groups such as iMessage threads and Instagram’s Close Friends list, where I can be more spontaneous and personal in what I say. But while this setup is working OK for now, it’s a patchwork solution.

Online towns

No matter how fun group chats and breakout social apps such as BeReal are, I’ve missed the borderless experience that large platforms offer — a place where I can discover viral content, expand my network, and participate in global conversations. Rebecca Rinkevich, the director of the Institute for Rebooting Social Media, doesn’t expect giant social platforms to die anytime soon — or ever — since their accessible reach has played a pivotal role in everything from tracking natural crises to activism. But as people’s attention splinters across dozens of platforms, she believes “the government and the public will have to work harder to engage in dialogue online,” she said.

Mike McCue, Flipboard’s CEO, believes that the next big, social platform must bring together the benefits of both worlds, he said: “the quality and trust in small, transparent communities with the ability for those quality conversations to reach millions.” But instead of one platform that manages to appease everyone, the future of social media is looking more like a network of platforms that offer people a customized experience. The ideal system would not only allow you to migrate to new social apps without losing your network or profile but also link them together so that you could post on one and a friend could comment on it from another.

The future of social media is looking more like a network of platforms that offer people a customized experience.

Take Threads, for instance, Meta’s attempt to build a Twitter replacement. It runs on the ActivityPub protocol, which means that Threads’ more than 100 million users will eventually be able to interact with Mastodon, an open-source social platform that uses the same coding system, without ever signing up for it. Similarly, on Mastodon, people can build their own private, little communities, while still having the option to break out and share their content with the rest of the platform’s over 10 million users.

Think of it like a town. Maybe your home (account) is in the Threads or Mastodon neighborhood. You spend a lot of time in the privacy of your home talking to close friends in group chats and private lists, but you also stroll about to see what’s happening in your neighborhood — a limited group of people you enjoy spending time around online. Sometimes, you venture out to the global town square to hear what people in different communities around the world are talking about. Sometimes you even contribute to the conversation or hang up posters to promote your work.

This kind of open, decentralized system would help break down big platforms’ walled gardens, whose one-size-fits-all approach has had vastly detrimental effects. Instead of living in Facebook city under Facebook’s laws, the decentralized approach offers everyone more control over the social-media experience and allows people to pick the communities and feeds they’re most interested and comfortable in. Though none of these platforms have tried to make money yet, there are a variety of business paths: Like Threads, platforms could turn to in-app ads, or like Mastodon, platforms could turn to grants, donations, and sponsorships. Since the business model shapes how the platform works, people would be free to set up shop on the platforms they prefer.

I’ve spent the past few months on Mastodon and Bluesky, a Jack Dorsey-backed decentralized social network, and have found them the best bets so far to replace Twitter. Their clutter-free platforms already match the quality of discourse that was on Twitter, albeit not at the same scale. And that’s the only problem with these platforms: They aren’t compatible with each other or big enough on their own to replace today’s giants. While there are efforts to bridge them and allow users to interact across the platforms, none have proved successful.

If these and other decentralized platforms find a way to merge into a larger ecosystem, they will force big platforms to change their tune in order to keep up. And hopefully, that future will yield a more balanced and regulated online lifestyle.

A healthier internet

At its best, Steve Teixeira, the chief product officer at Mozilla, said that social media facilitated connection, regardless of geographic or temporal boundaries, and helps people stay informed, encounter novel ideas, and access vital services. At the moment, though, “it isn’t doing any of these things particularly well,” he said. The problem is that social media is trying to do too many things at once. Splintered social media would let each of the internet’s key functions thrive in its own context — you could stay in touch with family members and keep up with your political representatives without your private memories getting wedged in between political drama.

Instead of living in Facebook city under Facebook’s laws, the decentralized approach offers everyone more control over the social-media experience.

The other problem is that users have very little control over what they experience online. Studies have found that news overload from social media can cause stress, anxiety, fatigue, and lack of sleep. By democratizing social media, users can turn those negative health effects around by taking more control over who they’re associated with, what they look at in their feeds, and how algorithms are influencing their social experience. And by splintering our time across a variety of platforms — each with a different approach to content moderation — the online communication ecosystem ends up better reflecting the diversity of the people who use it. People who wish to keep their data to themselves can live inside tight-knit circles. Those who don’t want a round-the-clock avalanche of polarizing content can change what their feed shows them. Activists looking to spread a message can still reach millions. The list goes on.

“Instead of policymakers and users having to plead, poke, and prod platforms to change,” Rajendra-Nicolucci said, “decentralization would enable them to take matters into their own hands, allowing many different answers to the question: ‘How should platform X work?’ to coexist.”

Tailoring social media to people’s needs could revolutionize how we spend time online. Swapping out virality-incentivized algorithms in favor of ones that resonate with diverse audiences, for example, can reduce bias and polarization. And experts have found that a collection of networks would “optimize itself solely for public good,” rather than fall into the pitfalls of traditional platforms — an unhealthy obsession with metrics and meaningless interactions.

It’s hard to predict the future, least of all when it comes to online services where new apps can go viral — and then fail — in a flash, but the breakup of monolithic social-media platforms and the rise of myriad new social experiences has felt like an urgent, long-overdue turn of events. It has propelled millions, including me, to question the status quo — did I need to add a dozen hashtags in hopes of making my sunset picture go viral? — and embrace a healthier relationship with social media. No one knows what the next major social platform will look like. But until it emerges, I expect to continue living a splintered and nomadic online social life.


Shubham Agarwal is a freelance technology journalist from Ahmedabad, India whose work has appeared in Wired, The Verge, Fast Company, and more.

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Trump could cash out his DJT stock within weeks. Here’s what happens if he sells

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Former President Donald Trump is on the brink of a significant financial decision that could have far-reaching implications for both his personal wealth and the future of his fledgling social media company, Trump Media & Technology Group (TMTG). As the lockup period on his shares in TMTG, which owns Truth Social, nears its end, Trump could soon be free to sell his substantial stake in the company. However, the potential payday, which makes up a large portion of his net worth, comes with considerable risks for Trump and his supporters.

Trump’s stake in TMTG comprises nearly 59% of the company, amounting to 114,750,000 shares. As of now, this holding is valued at approximately $2.6 billion. These shares are currently under a lockup agreement, a common feature of initial public offerings (IPOs), designed to prevent company insiders from immediately selling their shares and potentially destabilizing the stock. The lockup, which began after TMTG’s merger with a special purpose acquisition company (SPAC), is set to expire on September 25, though it could end earlier if certain conditions are met.

Should Trump decide to sell his shares after the lockup expires, the market could respond in unpredictable ways. The sale of a substantial number of shares by a major stakeholder like Trump could flood the market, potentially driving down the stock price. Daniel Bradley, a finance professor at the University of South Florida, suggests that the market might react negatively to such a large sale, particularly if there aren’t enough buyers to absorb the supply. This could lead to a sharp decline in the stock’s value, impacting both Trump’s personal wealth and the company’s market standing.

Moreover, Trump’s involvement in Truth Social has been a key driver of investor interest. The platform, marketed as a free speech alternative to mainstream social media, has attracted a loyal user base largely due to Trump’s presence. If Trump were to sell his stake, it might signal a lack of confidence in the company, potentially shaking investor confidence and further depressing the stock price.

Trump’s decision is also influenced by his ongoing legal battles, which have already cost him over $100 million in legal fees. Selling his shares could provide a significant financial boost, helping him cover these mounting expenses. However, this move could also have political ramifications, especially as he continues his bid for the Republican nomination in the 2024 presidential race.

Trump Media’s success is closely tied to Trump’s political fortunes. The company’s stock has shown volatility in response to developments in the presidential race, with Trump’s chances of winning having a direct impact on the stock’s value. If Trump sells his stake, it could be interpreted as a lack of confidence in his own political future, potentially undermining both his campaign and the company’s prospects.

Truth Social, the flagship product of TMTG, has faced challenges in generating traffic and advertising revenue, especially compared to established social media giants like X (formerly Twitter) and Facebook. Despite this, the company’s valuation has remained high, fueled by investor speculation on Trump’s political future. If Trump remains in the race and manages to secure the presidency, the value of his shares could increase. Conversely, any missteps on the campaign trail could have the opposite effect, further destabilizing the stock.

As the lockup period comes to an end, Trump faces a critical decision that could shape the future of both his personal finances and Truth Social. Whether he chooses to hold onto his shares or cash out, the outcome will likely have significant consequences for the company, its investors, and Trump’s political aspirations.

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Arizona man accused of social media threats to Trump is arrested

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Cochise County, AZ — Law enforcement officials in Arizona have apprehended Ronald Lee Syvrud, a 66-year-old resident of Cochise County, after a manhunt was launched following alleged death threats he made against former President Donald Trump. The threats reportedly surfaced in social media posts over the past two weeks, as Trump visited the US-Mexico border in Cochise County on Thursday.

Syvrud, who hails from Benson, Arizona, located about 50 miles southeast of Tucson, was captured by the Cochise County Sheriff’s Office on Thursday afternoon. The Sheriff’s Office confirmed his arrest, stating, “This subject has been taken into custody without incident.”

In addition to the alleged threats against Trump, Syvrud is wanted for multiple offences, including failure to register as a sex offender. He also faces several warrants in both Wisconsin and Arizona, including charges for driving under the influence and a felony hit-and-run.

The timing of the arrest coincided with Trump’s visit to Cochise County, where he toured the US-Mexico border. During his visit, Trump addressed the ongoing border issues and criticized his political rival, Democratic presidential nominee Kamala Harris, for what he described as lax immigration policies. When asked by reporters about the ongoing manhunt for Syvrud, Trump responded, “No, I have not heard that, but I am not that surprised and the reason is because I want to do things that are very bad for the bad guys.”

This incident marks the latest in a series of threats against political figures during the current election cycle. Just earlier this month, a 66-year-old Virginia man was arrested on suspicion of making death threats against Vice President Kamala Harris and other public officials.

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Trump Media & Technology Group Faces Declining Stock Amid Financial Struggles and Increased Competition

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Tech News in Canada

Trump Media & Technology Group’s stock has taken a significant hit, dropping more than 11% this week following a disappointing earnings report and the return of former U.S. President Donald Trump to the rival social media platform X, formerly known as Twitter. This decline is part of a broader downward trend for the parent company of Truth Social, with the stock plummeting nearly 43% since mid-July. Despite the sharp decline, some investors remain unfazed, expressing continued optimism for the company’s financial future or standing by their investment as a show of political support for Trump.

One such investor, Todd Schlanger, an interior designer from West Palm Beach, explained his commitment to the stock, stating, “I’m a Republican, so I supported him. When I found out about the stock, I got involved because I support the company and believe in free speech.” Schlanger, who owns around 1,000 shares, is a regular user of Truth Social and is excited about the company’s future, particularly its plans to expand its streaming services. He believes Truth Social has the potential to be as strong as Facebook or X, despite the stock’s recent struggles.

However, Truth Social’s stock performance is deeply tied to Trump’s political influence and the company’s ability to generate sustainable revenue, which has proven challenging. An earnings report released last Friday showed the company lost over $16 million in the three-month period ending in June. Revenue dropped by 30%, down to approximately $836,000 compared to $1.2 million during the same period last year.

In response to the earnings report, Truth Social CEO Devin Nunes emphasized the company’s strong cash position, highlighting $344 million in cash reserves and no debt. He also reiterated the company’s commitment to free speech, stating, “From the beginning, it was our intention to make Truth Social an impenetrable beachhead of free speech, and by taking extraordinary steps to minimize our reliance on Big Tech, that is exactly what we are doing.”

Despite these assurances, investors reacted negatively to the quarterly report, leading to a steep drop in stock price. The situation was further complicated by Trump’s return to X, where he posted for the first time in a year. Trump’s exclusivity agreement with Trump Media & Technology Group mandates that he posts personal content first on Truth Social. However, he is allowed to make politically related posts on other social media platforms, which he did earlier this week, potentially drawing users away from Truth Social.

For investors like Teri Lynn Roberson, who purchased shares near the company’s peak after it went public in March, the decline in stock value has been disheartening. However, Roberson remains unbothered by the poor performance, saying her investment was more about supporting Trump than making money. “I’m way at a loss, but I am OK with that. I am just watching it for fun,” Roberson said, adding that she sees Trump’s return to X as a positive move that could expand his reach beyond Truth Social’s “echo chamber.”

The stock’s performance holds significant financial implications for Trump himself, as he owns a 65% stake in Trump Media & Technology Group. According to Fortune, this stake represents a substantial portion of his net worth, which could be vulnerable if the company continues to struggle financially.

Analysts have described Truth Social as a “meme stock,” similar to companies like GameStop and AMC that saw their stock prices driven by ideological investments rather than business fundamentals. Tyler Richey, an analyst at Sevens Report Research, noted that the stock has ebbed and flowed based on sentiment toward Trump. He pointed out that the recent decline coincided with the rise of U.S. Vice President Kamala Harris as the Democratic presidential nominee, which may have dampened perceptions of Trump’s 2024 election prospects.

Jay Ritter, a finance professor at the University of Florida, offered a grim long-term outlook for Truth Social, suggesting that the stock would likely remain volatile, but with an overall downward trend. “What’s lacking for the true believer in the company story is, ‘OK, where is the business strategy that will be generating revenue?'” Ritter said, highlighting the company’s struggle to produce a sustainable business model.

Still, for some investors, like Michael Rogers, a masonry company owner in North Carolina, their support for Trump Media & Technology Group is unwavering. Rogers, who owns over 10,000 shares, said he invested in the company both as a show of support for Trump and because of his belief in the company’s financial future. Despite concerns about the company’s revenue challenges, Rogers expressed confidence in the business, stating, “I’m in it for the long haul.”

Not all investors are as confident. Mitchell Standley, who made a significant return on his investment earlier this year by capitalizing on the hype surrounding Trump Media’s planned merger with Digital World Acquisition Corporation, has since moved on. “It was basically just a pump and dump,” Standley told ABC News. “I knew that once they merged, all of his supporters were going to dump a bunch of money into it and buy it up.” Now, Standley is staying away from the company, citing the lack of business fundamentals as the reason for his exit.

Truth Social’s future remains uncertain as it continues to struggle with financial losses and faces stiff competition from established social media platforms. While its user base and investor sentiment are bolstered by Trump’s political following, the company’s long-term viability will depend on its ability to create a sustainable revenue stream and maintain relevance in a crowded digital landscape.

As the company seeks to stabilize, the question remains whether its appeal to Trump’s supporters can translate into financial success or whether it will remain a volatile stock driven more by ideology than business fundamentals.

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