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yuga.eth
@yuga
A key user segment that Twitter has and Farcaster doesn’t is reporters. As long as the primary source of new information remains news outlets, Twitter will always have an advantage in overall relevance, because people want to consume live news as quickly as possible. Note that I said reporters and not journalists. Even if it’s true that traditional media is dying because people are sick of agenda-driven journalism, there will always be strong demand for low latency factual reporting. You might retort and say that facts will move onchain as @balajis.eth has suggested. Maybe! I’d love to see that. But it’s unclear to me how this would actually happen for high leverage events like politics, war, etc. The flow would be Reporter -> Twitter -> Oracle -> Farcaster, ie Farcaster would remain downstream of Twitter. To fundamentally change this you need cryptographic attenuations from the principals of the news, and I don’t see that happening soon.
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Daniel McGlynn
@danielmcglynn
As seems like it might be relevant to include that we need some kind of new market demand or market support for people who are primary news reporters. Twitter or FC or Threads or whatever are just distribution channels. As distribution becomes more fragmented it's actually revealing the fact that newsrooms just don't have as many reporters as they use to. Coverage feels thin because it is thin, especially in coverage of critical areas like local government. Will be interesting to see if onchain dynamics can make it possible for independent reporters to find supportive audiences and or create federations to offer to coverage areas. Personally, I'm not bullish on AI replacing good reporters. There's a lot of connecting the dots and source cultivation that goes into getting timely, accurate, and confirmed info.
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