Detecting language using up to the first 30 seconds. Use `--language` to specify the language Detected language: English [00:00.000 --> 00:06.640] Welcome to the vodcast. As you likely know, Elon Musk now owns Twitter. His vision for [00:06.640 --> 00:11.880] the future of Twitter will result in big changes. I don't think the public comprehends how dramatic [00:11.880 --> 00:18.800] those changes are going to be. [00:18.800 --> 00:30.160] The Dr. Reality Vodcast with Dave Champion. [00:30.160 --> 00:37.160] Let's start with this. Musk bought a platform with 320 million users worldwide, 200 million [00:37.160 --> 00:43.200] daily active users, and 70 million users in the U.S., with U.S. polling showing 90% of [00:43.200 --> 00:49.560] the population knows Twitter exists. In short, he bought a company with a strong name recognition [00:49.560 --> 00:55.400] and hundreds of millions of users already in place. From Musk's perspective, that's [00:55.400 --> 01:00.820] what he wanted, the name and the existing users. Musk could care less about Twitter's [01:00.820 --> 01:06.560] existing form and function. In fact, he intends to radically change that form and function. [01:06.560 --> 01:11.320] In three years, it will be hard to remember what Twitter looked like today. Stay with [01:11.440 --> 01:15.480] me until the end because I'm going to share with you the singular Twitter attribute on [01:15.480 --> 01:21.260] which all of Musk's intended financial successes with Twitter hinges. And I'm going to tell [01:21.260 --> 01:25.960] you about something very special for you. So hang in there. Musk recently stated he [01:25.960 --> 01:32.080] intends to monetize presenters on Twitter. In that one statement, he told us a lot about [01:32.080 --> 01:38.120] how Twitter will be changing. First, it telegraphs that Twitter's 280 character per tweet limit [01:38.120 --> 01:42.760] is going away. Why? Because few people, if anyone at all, is going to be able to generate [01:42.760 --> 01:49.240] revenue writing a little 280 character tidbits. That format is not going to work for monetization. [01:49.240 --> 01:54.840] Next, monetization telegraphs that Twitter will be posting videos natively, as do YouTube [01:54.840 --> 01:58.680] and Facebook. In other words, a presenter will be able to create video content for the [01:58.680 --> 02:04.920] sake of this discussion, we'll call it 45 minutes long, and post it directly to Twitter. [02:04.920 --> 02:09.420] Currently, a Twitter user can only post a link to a lengthy video appearing on some [02:09.420 --> 02:15.880] other platform, but can't upload a video to Twitter longer than two minutes and 30 seconds. [02:15.880 --> 02:20.080] Just as no one is going to be able to monetize 280 character tweets, few people will be able [02:20.080 --> 02:24.920] to successfully monetize their Twitter presence for the two minute and 30 second limit on [02:24.920 --> 02:29.180] video uploads. Then there is the issue of how Twitter functions today in terms of reading [02:30.180 --> 02:37.180] threads. It's needlessly cumbersome and time-consuming. In terms of easily viewing complete threads, [02:37.180 --> 02:42.860] Facebook offers its users a much better experience. Again, a platform that intends to monetize [02:42.860 --> 02:47.900] content creators isn't going to be able to sit back and say, ah, that cumbersome, time-consuming [02:47.900 --> 02:52.340] method is good enough. It's not good enough, and Twitter will be changing that. [02:52.340 --> 02:56.260] You may have noticed the things we've discussed thus far fall into what we might call the [02:56.260 --> 03:01.180] idiosyncratic early Twitter culture. In other words, things like character limits, very [03:01.180 --> 03:06.020] short video length, and the needlessly cumbersome and time-consuming method of viewing threads [03:06.020 --> 03:12.740] were seen almost two decades ago as elements of the endearing, quaint, quirky, original [03:12.740 --> 03:16.900] essence of Twitter. But Musk doesn't care about any of that, nor should he if his goal [03:16.900 --> 03:22.580] is to turn Twitter into a financial powerhouse. Technology advances quickly. Sticking to that [03:22.660 --> 03:28.580] early, quirky user experience as we move into 2023 is like trying to drive down a major highway [03:28.580 --> 03:33.300] that has a 70-mile-an-hour speed limit in a go-kart. You can have the go-kart or you can have the [03:33.300 --> 03:38.260] major highway with a 70-mile-an-hour speed limit, but you can't have them both because they are [03:38.260 --> 03:43.940] incompatible. The same is true as Musk considers Twitter's future. He can keep the old, quaint, [03:43.940 --> 03:48.420] quirky model, or he can turn Twitter into a financial powerhouse offering content creator [03:48.420 --> 03:54.020] monetization, but he can't have both, and he's well aware of that. It goes without saying that [03:54.020 --> 04:00.980] along with these upcoming profound changes, users will be able to, finally, edit their tweets. [04:00.980 --> 04:07.380] Frankly, once the character limit is gone, should we even be calling them tweets anymore? Earlier, [04:07.380 --> 04:14.020] I mentioned that Musk is relying on one critical attribute to fuel the success of what will [04:14.020 --> 04:20.580] eventually be referred to as the new Twitter. Social media users are notoriously stuck in their [04:20.580 --> 04:25.940] ways. As an example, no matter how many times Facebook fucks over its users with repeated [04:25.940 --> 04:31.940] suspensions that make absolutely no sense, that user will likely not invest time and energy going [04:31.940 --> 04:38.020] to a new platform. Why? Because the alternative is to go to some small platform with low engagement. [04:38.020 --> 04:43.620] Phrased another way, it's not appealing to go to a new platform, a new community, in which you don't [04:43.620 --> 04:48.660] know anyone, the vast majority of users don't know you, and then post content few people will [04:48.660 --> 04:54.340] ever see, and with which even fewer will engage. So the average person abused, as an example by [04:54.340 --> 04:59.700] Facebook, really had nowhere to go. The choice was a censorship-free platform with few users and [04:59.700 --> 05:05.700] almost no engagement, or move to one of the other two major platforms, which also engaged in communist [05:05.700 --> 05:10.020] style suppression of speech. In short, for many people, there appeared to be little benefit in [05:10.020 --> 05:16.420] moving to another platform. All that changed when Musk bought Twitter, and that's really what the [05:16.420 --> 05:21.540] left's condemnation of Musk buying Twitter is all about. They fear one of the three major platforms [05:21.540 --> 05:27.700] becoming a vibrant home for free speech. All the Twitter changes we've discussed will be tied to [05:27.700 --> 05:36.900] one defining Twitter attribute, free speech. Musk intends to distinguish Twitter as the only one of [05:36.900 --> 05:42.180] the big three platforms offering freedom of speech. He wants to initially increase the platform's [05:42.180 --> 05:47.780] user base by bringing over millions of disaffected users and presenters from Facebook and YouTube. [05:47.780 --> 05:52.500] People who want to discuss meaningful events without fear of endless suspensions are being [05:52.500 --> 05:57.380] removed from the platform. You may not be aware of this, but YouTube has been attempting to transition [05:57.380 --> 06:02.900] into becoming more than a video platform. Google wants YouTube to shift into being a full-featured [06:02.900 --> 06:08.740] social media platform. To that end, a few years back, YouTube provided a means for video presenters [06:08.740 --> 06:13.860] to also post written content as well as still images, such as memes, and have their subscribers [06:13.860 --> 06:18.660] notified of those posts. Though the feature hasn't really caught on, it demonstrates where YouTube [06:18.660 --> 06:24.420] wants to be going, where it sees its future. Imagine Twitter without character limits and [06:24.420 --> 06:29.140] format changes, allowing entire threads and sub-threads to be readily viewed without having to [06:29.140 --> 06:35.140] click back and forth as one has to do now. What competitor might that look like if you said, [06:35.140 --> 06:41.540] Facebook, you'd be correct. My point in bringing up YouTube and Facebook is Musk intends Twitter [06:41.540 --> 06:46.740] to challenge them both on what has previously been their own turf. Twitter will expand into [06:46.740 --> 06:51.940] being a monetized video platform, thus pulling users and presenters away from YouTube. By doing [06:51.940 --> 06:57.540] away with character limits and making it convenient to see threads and sub-threads simply by scrolling, [06:57.540 --> 07:01.940] Musk will be challenging Facebook. And the big draw, at least in the first several years, [07:01.940 --> 07:07.060] will be that YouTube presenters can make money at Twitter without fear of censorship-driven [07:07.060 --> 07:11.940] punishment for speaking their minds openly. And Facebook users can move over to Twitter without [07:11.940 --> 07:16.980] sacrificing the ease of use they now enjoy on Facebook. Musk has talked about Twitter being a [07:16.980 --> 07:21.940] place of the world's collective intelligence. I believe Musk envisions the Twitter of the future [07:21.940 --> 07:26.500] to be the place people will go when they want to see the intellectual rough-and-tumble of ideas, [07:26.500 --> 07:31.780] principles, philosophies, and science expressed openly, yet civilly, as can only occur on a [07:31.780 --> 07:36.980] platform that values and promotes free speech. One of those who claim allowing free speech to [07:36.980 --> 07:42.580] flourish on a social media platform is a prescription for ugly, ruthless personal attacks on those with [07:42.580 --> 07:49.300] opposing viewpoints. Because I loathe communist-style censorship, I'm on a number of censorship-free [07:49.300 --> 07:55.780] platforms. I'm on a Facebook alternative called MeWe. I'm on a Twitter alternative called Getter. [07:55.780 --> 08:01.060] I post my video content to a YouTube alternative called Rumble. The media often asserts that these [08:01.060 --> 08:05.860] censorship-free platforms are the places right-wingers go. And frankly, they're not [08:05.860 --> 08:12.500] entirely wrong. Those platforms do have a lot of right-wingers. But the only reason those platforms [08:12.500 --> 08:18.500] have so few left-leaning users is left-leaning folks seem to be fine with the communist-style [08:18.500 --> 08:23.780] censorship with suppression of free speech, so they stick with censorship platforms like Facebook, [08:23.780 --> 08:29.700] YouTube, and pre-Musk Twitter. But the question here is whether free speech on a platform results [08:29.700 --> 08:36.500] in ugly, brutal attacks on users who say things that may be unpopular on that platform. I am [08:36.500 --> 08:42.980] seriously nonpartisan. I detest the two-party system. As such, I post a lot of material on Getter, [08:42.980 --> 08:50.180] MeWe, and Rumble with which right-wingers strongly disagree, yet I have never been verbally attacked. [08:50.180 --> 08:54.180] In other words, the leftists who claim censorship-free platforms are filled with ugly [08:54.180 --> 08:59.380] personal attacks are flat out wrong. It doesn't matter to them that their claims aren't factual. [08:59.380 --> 09:05.380] They just lie. And that makes sense because people who feel at liberty to lie are also usually the [09:05.380 --> 09:10.980] people who want the opposition silenced via censorship. They need censorship because their [09:10.980 --> 09:16.980] position can't be effectively supported by facts or rational analysis. And finally, Musk has no [09:16.980 --> 09:22.820] intention of removing the guidelines that exist to keep discussions civil. Musk's goal is that [09:22.820 --> 09:28.580] eventually the likes of Melissa Milano and Whoopi Goldberg will only be on censorship platforms like [09:28.580 --> 09:32.500] Facebook and YouTube, while intelligent, freedom-loving people will be over on Twitter [09:32.500 --> 09:37.460] enjoying the free speech party. Content creators will be raking in the dough, and Twitter will be [09:37.460 --> 09:43.380] making bank as YouTube and Facebook fade in significance, like MySpace. Now we've come to [09:43.380 --> 09:50.020] the part where I have something special for you. Every year I run what has become known as the big [09:50.020 --> 09:55.860] Christmas special on my books between now and midnight on December 25th. If you buy anything [09:55.860 --> 10:02.180] on the Dr. Reality website, I'll pay the shipping. Anything. Also, if you order Income Tax Shattering [10:02.180 --> 10:08.020] the Mist or Body Science or any combination of items that include either Income Tax Shattering [10:08.020 --> 10:14.180] the Mist or Body Science or both, I will inscribe and autograph your copies of Income Tax Shattering [10:14.180 --> 10:20.180] the Mist and Body Science. 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