4.4 • 645 Ratings
🗓️ 3 June 2024
⏱️ 40 minutes
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0:00.0 | Welcome to Current Affairs. My name is Nathan Robinson. I'm the editor-in-chief of current affairs |
0:24.6 | magazine. I am joined today by the journalist Zoe Schiffer. She is managing editor of Platform, |
0:34.2 | former senior reporter for The Verge, and the author of the brand new book, |
0:38.8 | Extremely Hardcore Inside Elon Musk's Twitter. |
0:45.0 | Zoe Schiffer, thank you so much for joining us on current affairs today. |
0:47.7 | Thank you so much for having me. |
0:49.5 | All right, so let's start with Twitter, aka X, perhaps begin by telling us, I think everyone knows what |
0:59.0 | Twitter is, but why Twitter is important? Why Twitter is the subject for an entire book |
1:06.9 | that has taken you a lot of research and a lot of time. Yeah, I mean, Twitter's cultural |
1:13.0 | relevance always really outpaced its kind of underlying business fundamentals. It had for a long |
1:18.5 | time the most important people across sports, media, politics, tech. And if you wanted to know |
1:24.3 | the conversation on the internet was on any given day, it really felt |
1:29.5 | like you had to be on Twitter. And particularly for a journalist, it was such a crucial |
1:34.1 | tool for breaking news. And during protests, it was kind of the go-to platform to start social |
1:40.3 | movements, that it really did have this big cultural relevance before Elon Musk bought the |
1:46.6 | platform. Yeah, you cite some statistics in the book that I didn't know about, which is I didn't |
1:52.8 | realize just how much smaller Twitter is actually than Facebook. You said Twitter in 2020 had |
1:59.3 | 192 million active users. Facebook had |
2:02.3 | 1.84 billion. Twitter had 5% of Facebook's revenue. And yet, there is something to Twitter |
2:10.1 | where they're talked about, you know, in the same breadth. And Facebook doesn't drive the conversation |
2:15.6 | and never did in the same way. |
2:22.7 | Yeah, I think Mark Zuckerberg described Twitter as a clown car that fell into a gold mine, |
... |
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