courtenaybird | Careful, Twitter — remember what happened to MySpace and Digg

Careful, Twitter — remember what happened to MySpace and Digg

Restricting the ways that users can access and display their tweets, whether through strict API rules or moves like the LinkedIn shutdown, could irritate the user base that Twitter is relying on to click ads and do all the other things it is planning around monetization. Ultimately, the company could ruin the experience that made Twitter so compelling in the first place, in the same way that MySpace and Digg did…

Twitter has a tiger by the tail — it has an active user base in the hundreds of millions, it has become an almost indispensable tool for both news junkies and the media (although this carries risks as well) and it is starting to see some favorable responses to its ad model. But it is also a community, where the users provide the vast majority of the content that is being monetized, and while screwing around with that relationship may appear to make short-term financial sense, it could end in disaster.

#tech #twitter #digg #myspace

10 months ago

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