this post was submitted on 29 Oct 2024
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revealing interview on the StrictlyVC Download podcast, billionaire Frank McCourt shared his vision for transforming social media.

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[–] Lost_My_Mind@lemmy.world 30 points 6 days ago

looks at twitter

Yeah. Billionaires buying social media platforms. What could go wrong?

[–] apfelwoiSchoppen@lemmy.world 9 points 6 days ago

He can talk about it all day long, it ain't gonna happen.

[–] K1nsey6@lemmy.world 8 points 6 days ago* (last edited 6 days ago) (1 children)

I hear he can buy Twitter pretty cheap right now.

[–] Rai@lemmy.dbzer0.com 3 points 6 days ago

Buy em both and shut them down

person that has never touched either

[–] jqubed@lemmy.world 7 points 6 days ago

Ah yes, the man whose ownership of the Dodgers became a messy part of his divorce as his ex-wife tried to claim shared ownership. It turned into what the L.A. Times called the most expensive divorce in California history.

[–] matengor@lemmy.ml 4 points 6 days ago (1 children)

Project Liberty's core mission focuses on decentralizing social networking through an open-source Internet protocol. This technical framework would allow users to maintain ownership of their data and potentially transfer their social connections and content across different platforms. Which is a significant departure from the current system where user data remains locked within individual platforms.

The proposed system would work similarly to email, where users can communicate across different service providers. In this vision, social media users could maintain their connections and content regardless of which platform they choose to use.

His plans sound a lot like the Fediverse

[–] cheese_greater@lemmy.world 5 points 6 days ago* (last edited 6 days ago) (1 children)

Except worse because they're just gonna transfer the locus of control and surveillance back to themselves, somehow.

Conservatives don't really get freedom or anything other then iron-fisted control and coercion

[–] matengor@lemmy.ml 2 points 6 days ago* (last edited 6 days ago)

Yeah, I didn't doubt that.