Latest / Elon Musk Podcast / Microsoft's Ad Platform Shuns Twitter: A Commentary on Elon Musk's Reign Over the Social Media Giant
Transcript
- 0:00I need your help. If you're a SpaceX fan, please
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- 0:24subscribing. Hello and welcome to the Elon
- 0:35Musk podcast, the go-to spot for all things.
- 0:38Revolving around one of the most captivating figures in the tech
- 0:41world today, I'm your host will Walden.
- 0:43And in today's episode were diving deep into a tumultuous
- 0:47Saga, involving Elon musk's Twitter.
- 0:49Microsoft in a contentious API pricing uproar.
- 0:53It's sending ripples through the Digital Universe from the
- 0:56repercussions of Microsoft's having ties with Twitter on its
- 1:00ad platform to Twitter's evolving stance on freedom of
- 1:03speech. Under musk's rain will be
- 1:06unpacking at all. So whether you're a tech
- 1:08Enthusiast, or a die-hard musk fan, or just curious about the
- 1:11inner workings of the tech world.
- 1:13We got you covered. So what is this all about?
- 1:16Why our Twitter and Microsoft and Elon Musk kind of working
- 1:20together, but not really working together, in an unforeseen turn
- 1:24of events, Microsoft tech Powerhouse, with a two point,
- 1:28one five trillion dollar market cap is pulling Twitter from its
- 1:32advertising platform. This move comes on the heels of
- 1:35Twitter's announcements that it would commence charging a
- 1:38substantial minimum of forty two thousand dollars per month for
- 1:42users of its API, which impacts a wide user base, this pans
- 1:47Enterprises to research institutions, the notification
- 1:52of the new pricing structure delivered, in March to users via
- 1:55email was met with bewilderment and dismay a report by wired
- 2:00deemed the new pricing scheme as one that prices out nearly
- 2:04Everyone, however, Twitter's owner, Elon Musk.
- 2:06Who recently took over the platform, seems unmoved by the
- 2:09growing discontent. Microsoft's decision to drop
- 2:13Twitter from its advertising platform is intriguing.
- 2:16And as a tech giant with around 100 billion dollars in cash on
- 2:19hand, at the end of last year, Microsoft could effortlessly
- 2:22foot the bill for Twitter's API. The decision seems more of a
- 2:26statement than a financial necessity, although Microsoft
- 2:30remains reticent, about the specifications behind its moves.
- 2:34So, the email sent to its customers read starting on April
- 2:3825th, 2023. Smart campaigns with
- 2:41multi-platform will no longer support Twitter and that digital
- 2:45marketing Center. The DMC will no longer support
- 2:48Twitter starting on April 25th, 2023.
- 2:52This move implies that users will lose access to their
- 2:55Twitter account via Microsoft's free social media, Management
- 2:58Service. They will also no longer have
- 3:00the ability to create schedule or manage tweets to the
- 3:04platform. However, this shift, does it
- 3:06impact all social media platforms as per a report by
- 3:10net? Mashable companies, using
- 3:13Microsoft advertising, will still be able to manage and
- 3:16create content for Facebook, Instagram and Linkedin musk as
- 3:21expected reacted with dismay even going.
- 3:24As far as threatening legal action in a tweet referring to
- 3:27Microsoft's licensing agreement with open a.i. a company.
- 3:31He founded in 2015 and later left, he wrote They trained
- 3:35illegally using Twitter data lawsuit time.
- 3:39So, mucks reaction to Microsoft's decision is
- 3:43understandable. Considering his ongoing efforts
- 3:46to attract advertisers on Twitter.
- 3:48It is efforts, come after reportedly losing over half.
- 3:51Twitter's top 1000 advertisers following his takeover of the
- 3:55platform in late October, musk has been actively engaging with
- 4:00the advertising Community including appearing on stage
- 4:03with the chairman of global advertising.
- 4:05And Partnerships it nbcuniversal expressing openness to their
- 4:09concerns about Twitter. I'll be at emphasizing, you will
- 4:12not make changes, he doesn't believe in.
- 4:14Now, amidst the Microsoft controversy must also faces
- 4:18criticism over his decision to charge for Twitter's API access.
- 4:23He defended the move stating, I'm open to ideas but ripping
- 4:26off the Twitter data base, the monetizing, it removing ads and
- 4:30then selling our data to others isn't a winning solution.
- 4:34Additionally. Musk's version of Twitter has
- 4:37been under scrutiny for its cooperation with government
- 4:39content requests data from the lumens database indicates that
- 4:44since musk's take over Twitter's compliance rate with
- 4:47governmental. Request has skyrocketed from
- 4:49approximately 50 percent to over 80 percent out of 971 requests,
- 4:55Twitter, fully complied with 808 and partially fulfilled, an
- 4:59additional 150 for the company hasn't specified.
- 5:03How it responded to nine other. Quest's.
- 5:06Now, this trend is particularly concerning considering that many
- 5:09of these requests come from countries with questionable
- 5:11human rights records such as India and turkey and under
- 5:14musk's management. Twitter has not refused any
- 5:17government, requests stark contrast to the occasional
- 5:20deniers, before his takeover. This raises eyebrows,
- 5:24particularly since musk braided himself as a free speech
- 5:28absolutist. And touted Twitter is a platform
- 5:31where no rules would hinder, free speech.
- 5:34Now, Microsoft's move to distance itself, from Twitter,
- 5:37seems to be a telling sign of the unrest brewing and Mike's
- 5:40Twitter stakeholders is musk's vision for the platform becomes
- 5:43increasingly. Clear, and the irony is
- 5:46palpable, because every musk's instrumental role in the launch
- 5:49of the Twitter files. These leaks brought to length.
- 5:52The inner working of Twitter's content moderation pipeline
- 5:55revealing, how US federal agencies, private organizations
- 5:58and groups. Submit a request for content to
- 6:01be flagged and removed the files.
- 6:03Have Good critics with some interpreting them as evidence of
- 6:07a censorship industrial complex and others dismissing them as
- 6:12inconsequential musk, use the exposure from the Twitter files,
- 6:16as a platform to promise, a less moderated free your Twitter.
- 6:21However, with the recent revelation of Twitter's
- 6:23compliance data is becoming clear that musk's promises were
- 6:27at best empty and social media platform isn't Freer under musk.
- 6:32If anything, it appears to have grown more Client, contrary to
- 6:35the Free Speech Sanctuary. Must had initially promised in
- 6:39the kerfuffle. Over Twitter's new API pricing,
- 6:42has far-reaching implications on the surface.
- 6:44It's a struggle between Tech Giants.
- 6:46But looking deeper, it symbolizes a broader conflict
- 6:49about freedom of speech, privacy in the cost of doing business in
- 6:52the digital age, Microsoft's decision, could spark a wider
- 6:56movement of companies reassessing the relationship
- 6:59with Twitter with potential, Ripple effects on the platform's
- 7:02advertising Revenue. And the market position now for
- 7:06the regular Twitter users of a small to medium sized
- 7:08businesses. That rely on the API, the
- 7:10changes represent a significant obstacle, the new pricing
- 7:14effectively prices out all but most deep-pocketed users, it's a
- 7:18shift that could fundamentally alter the Twitter ecosystem
- 7:21potentially driving away users and advertisers to other
- 7:24platforms. Meanwhile must controversial
- 7:28head handling of the governmental request, puts
- 7:30Twitter in a difficult position, increase compliance rate under
- 7:33musk's Management. Clashes with the ethos of
- 7:36Internet Freedom, the many users expect from the platform.
- 7:41The situation is further Complicated, by the involvement
- 7:43of countries with dubious human rights records.
- 7:46Raising questions about Twitter's ethical responsibles
- 7:50responsibilities as Twitter enters, a new area As Twitter
- 7:56enters a new era under musk's leadership, it finds itself
- 7:59grappling with dilemmas that could shape its future from
- 8:02strained relationships, with tech giants, like Microsoft to
- 8:06concerns about freedom of speech and the cost of access Twitter
- 8:09stands at a crossroads right now and decisions made now.
- 8:13Well undoubtedly influence the platform's trajectory if
- 8:16relationship with the users and its role in the global
- 8:19conversation. Now is observers of this
- 8:22transformation we can only wait and see.
- 8:24See where this path leads us. All.
- 8:27Thank you so much for listening to the Elon Musk podcast today.
- 8:30I appreciate your support. If you want to show a little bit
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- 8:42So, thank you so much again, take care of yourselves and each
- 8:46other, and I'll see you in the next one.
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