Open Protocol Business Potential

The discussion centers on transforming Twitter from a centralized platform into an open protocol system, similar to email, which would enable innovation and consumer choice in social media messaging.

Key Points:

  • Protocol vs Platform Structure:

    • Transform Twitter from single-company ownership to an open messaging protocol
    • Similar to how email works - no single company owns the email protocol
    • Would function as a global short messaging internet protocol
  • Consumer Benefits:

    • Users could choose different client interfaces
    • Ability to select preferred algorithm settings
    • Option to filter content (e.g., political content filtering)
  • Business Innovation Potential:

    • Companies could build and innovate on top of the protocol
    • Multiple companies could create different user experiences
    • More competition and choice in the marketplace
  • Current Challenges:

    • Not logistically possible with current Twitter structure
    • Easier to implement in a new platform than transform existing one
    • Jack Dorsey's Blue Sky project attempting similar concept, but progress uncertain
  • Market Reality:

    • Building new social platforms is extremely difficult
    • Very few successful social platforms exist (mentioned: TikTok, YouTube, Facebook, Instagram)
    • Historical success rate is very low despite many attempts
14:02 - 16:17
Full video: 42:25
SP

Shaan Puri

Host of MFM

Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.

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