Creatorworld Debates Way forward for Elon Musk’s Twitter

Whereas video-based platforms like TikTok and YouTube hogged a lot of the consideration and optimism at influencer conference CreatorWorld, trade insiders had wildly differing views as a substitute on the way forward for Twitter, the embattled social information service.

Alex Dwek of Nas Firm is betting on the outsized persona of Twitter boss Elon Musk, and the character of the digital public sq., to drag the corporate by way of.

“I’m so bullish on Twitter. Twitter nonetheless has, I believe, some type of monopoly on actual time information and insights. And I believe so long as Elon Musk can maintain that core and construct out, it has a really vivid future,” mentioned Dwek. “In case you take a look at Twitter as a platform, there haven’t been many options which were shipped over the past 10 years and it’s nonetheless thrived.”

When pushed by moderator Jim Louderback to elucidate how Twitter may additional monetize its person base, Dwek was a little bit extra circumspect, pointing to Twitter now being a personal firm that would afford to separate themselves from advertisers with out struggling quarterly scrutiny from shareholders.

Steve Crombie of video monetization firm Totem Networks appeared to echo the thought, saying subscription-based net platforms like Spotify supplied an alternate enterprise mannequin to Twitter’s advert supported platform.

The final phrase, nonetheless, was left to moderator Jim Louderback, whose trade publication reaches over 26,500 subscribers on LinkedIn.

“I believe Twitter goes to fade into irrelevance.” mentioned Louderback. “However then I’m not energetic on Twitter, so it’s already irrelevant to me.”