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Threads is a Twitter killer, but conditions apply!

Animesh Pandey by Animesh Pandey
10 July 2023
in Business, Opinions
Threads is a Twitter killer, but conditions apply!
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Move over, Twitter! There’s a new kid on the block, and its name is Threads. Developed by Mark Zuckerberg and his Meta empire, this social media platform is raising eyebrows and dividing the internet. In this article, let’s delve into the pros and cons of this potential Twitter killer.

The Twitter killer?

Let’s start with the reasons why Threads might just be the Twitter killer that the internet has been waiting for. Twitter, under the leadership of Jack Dorsey, has had its fair share of controversies. From its woke spree, which has often led to online battles to the highly controversial decision of permanently suspending former President Donald Trump, Twitter has lost favor with many users. This has created a perfect opportunity for a platform like Threads to swoop in and capture the disenchanted user base.

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Elon Musk, the whimsical tech magnate known for his outspoken nature and unconventional ideas, has also played a role in shaping the Twitter landscape. While his influence has brought some positive changes, such as fostering an environment that allows for various ideologies, his approach hasn’t always aligned with conventional business strategies. His idea of limiting the number of tweets that can be viewed by a normal user, and the concept of paying for a blue tick, have raised eyebrows and drawn criticism from users who prefer a more open and transparent social media experience.

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In stark contrast, Mark Zuckerberg’s ability to keep a project of such magnitude under wraps until its grand unveiling is nothing short of remarkable. The secrecy surrounding the development of Threads has created a buzz that Musk can only dream of replicating. It’s a testament to Zuckerberg’s strategic planning and calculated execution.

All that Glitters is not GOLD!

However, despite the potential Twitter-killing qualities of Threads, it may not be the definitive go-to app for everyone. One crucial aspect to consider is the financial landscape of Meta, the parent company of Threads. It’s no secret that Meta has been facing challenges. From Facebook’s declining popularity to Instagram and WhatsApp struggling to generate substantial revenue, the financial stability of Meta’s platforms is far from guaranteed. In an era where sustainability and profitability are key, the uncertain financial aesthetics of Meta raises questions about the long-term viability of Threads.

Once the king of the social media world, Facebook has experienced a steady decline in engagement over the years. Mark Zuckerberg, once ranked as the fourth richest person in the world, has seen his position dwindle. The rise of Instagram, while bringing immense popularity, has inadvertently dealt a blow to Facebook’s user engagement. Furthermore, side businesses like WhatsApp and Instagram are not contributing even a fourth of the revenue that the mother app once commanded. This poses a challenge for Meta as it attempts to capture the market with Threads.

For all his flaws, Elon Musk has undoubtedly made Twitter a better place for many users. Under Musk’s reign, Twitter has become a platform that allows for diverse ideologies and ideas while marginalizing pseudo-liberalism and crypto-communism. The question arises: Can Threads provide the same level of inclusivity and openness? With a shady past of his own, one clearly doubts that!

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Stick to Basics!

In truth, Meta should concentrate more on strengthening its core business, Facebook. Attempting to capture everything from Instagram to WhatsApp to Twitter risks spreading their resources thin and losing their unique selling points. They must avoid the fate of ambitious ventures that lose their focus and engagement in the pursuit of conquering it all.

So, the battle between Threads and Twitter intensifies. While Threads may offer a glimmer of hope for those disillusioned with Twitter’s decisions and limitations, it faces significant hurdles in terms of financial stability and credibility. Twitter, with its newfound inclusivity and space for diverse ideas under Musk’s leadership, has gained substantial ground.

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