Scholars Corner: If You're on Social Media, You're Working for Free!
Earn Your Leisure
iHeartPodcasts
4.9 • 7.9K Ratings
🗓️ 26 July 2023
⏱️ 15 minutes
🧾️ Download transcript
Summary
In this thought-provoking discussion, we dive into the intriguing concept of how social media platforms essentially have us working for free through our content creation and interaction. We create the value that keeps these platforms alive, but do we see any return?
We also delve into some exciting updates in the tech world. Join us as we explore Elon Musk's new AI venture, xAI, and its potential implications for the future of artificial intelligence.
Lastly, we discuss Twitter's innovative plan to start compensating content creators. Could this be a game-changing move that reshapes the landscape of social media?
Don't forget to Like, Share, and Subscribe for more insightful discussions on tech and society. Join us on this journey to understand the intersection of social media, AI, and the digital economy!
#SocialMedia #WorkingForFree #ElonMusk #xAI #twitter
GET YOUR TICKETS TO THE NUMBER #1 FINANCIAL FESTIVAL
https://investfest.com
JOIN THE NUMBER #1 EDUCATIONAL PLATFORM
https://www.eyluniversity.com/community
Our Sponsors:
* Check out PNC Bank: https://www.pnc.com
* Check out Square: https://square.com/go/eyl
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Elon Musk back in the news as he is every day. |
| 0:05.5 | And the effort to slow down a growth of threads from meta, |
| 0:09.0 | Elon amongst announces the startup of XAI and Twitter decided to share |
| 0:15.8 | revenue with creators. So threads growth has slowed down. |
| 0:21.3 | It's been reported that they had a 20% decline in user. |
| 0:24.7 | From users actually using the platform from last week, |
| 0:30.4 | I believe it was last week, Thursday from Wednesday of last week, |
| 0:33.2 | so I'm like that some day, last week, they had a decline in users. |
| 0:37.2 | Threads has also reached 100 million user mark fast and any other |
| 0:44.2 | social media app ever in history. |
| 0:47.2 | So yeah, on the hills of that, they announced Twitter announced that |
| 0:52.7 | they will start sharing revenue with creators. |
| 0:56.8 | They had some I said that they made $79,000 something like that from Twitter. |
| 1:02.0 | And then you also announces XAI, which is more of a chat GBT competitor. |
| 1:10.8 | I think every all these companies are going to start coming out with chat GBT |
| 1:13.6 | competitors. |
| 1:16.6 | Yeah. So let's talk about this Twitter thing first, |
| 1:21.3 | because it's interesting. |
| 1:22.6 | I think that it's obviously a reply to, you know, kind of kill the buzz and kill |
| 1:31.0 | the noise with threads and what better way to pay people. |
| 1:36.2 | I don't get them back on your side. |
| 1:38.1 | They make a money. They're not making money on meta. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from iHeartPodcasts, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of iHeartPodcasts and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.