Social Networks

“There's no such thing as social networks anymore in this world that you're hoping for, where there's no reverse chronological order, or there's no algorithmic feed. it, it's long past the point in time where that was even a possibility, and I think that You k…”

“And I would say President Trump, because I do think that that, President Trump's election definitely changed the direction of free speech in the United States, never mind the rest of the world, because I think under the Biden administration, we now know from c…”

“I've always said that I think the social network had probably the greatest influence of the twenty-tens in terms of being a defining movie of what technology means.”

“Truth is social is dead today, right? There are no more social networks that anyone uses because everything, you know, followers don't matter. Your friendships don't matter. There's no actual functional social relationships inside of any of these systems today…”

“I think it should be loud, but there should be a bigger conversation about social networks and about the openness of algorithms, which don't only apply to TikTok, but, you know, applies to X, applies to Facebook. I think those algorithms should be should be pu…”

“I think is one very useful macro frame means every culture has their own AGI and eventually every culture has their own social network and cryptocurrency and AI.”

“This is the center of society and they've got their deterministic law with cryptocurrency and their probabilistic guidance with AI and their social network that binds the whole thing together. So those three technologies are like social technologies that are a…”

“If you look at, like, all of the big social networks, none of them have been started in the last decade. And that's not true just of crypto. It's true in general.”

“The social network too is officially in development with Aaron Sorkin returning this time as director.”

“To work, a social network has to have, like, real emotional stakes. And if you can generate the content in a way that you like it, and you always look amazing, and you always look happy, and you're always in a cool background, like, it doesn't have the same se…”

“So it's more like the other way where a social network can help you grow usage of an AI app pretty, pretty immensely compared to like an AI app benefiting from a social layer, so far at least.”

“The only thing I know about a non ad supported social network is that if it really works, it becomes an ad supported social network.”

“You could imagine a social network of the future where all content is generated. None of the people are real. It's, I mean, the algorithm isn't tailoring whose content to show you, but it's purely generating content that, you know, is completely catered to you…”

“Your likelihood of getting divorced increases if you are around people in quite close that get divorced.”

“I think if you are in a business in which running a business is a benefit, then experience matters a great deal. I think if you are in a business in which you look like Your customer. There was a reason why social, social networks were started by people right …”

“For 20 years, the way you start a social network is you say, who do you want to follow? And the way to start a social network today is say, who do you want to follow you?”

“Like every social network since forever knows that bikini bikinis are the real influencers, right? Like that's like what drives the traffic.”

“Social networks are made of format, or formats that you have in your product, audience, and vibes.”

“I just don't think you can build a social network where, where financial You know, where monetization or incentives is at the core of the network. I think people have to join these things because they want the utility of whatever the network is.”

“I just don't think you can build a social network where financial You know, where monetization or incentives is at the core of the network. I think people have to join these things because they want the utility of whatever the network is. And that is how you s…”

“I think the new onboarding flow for social networks in a bot age, instead of it being like you show up, You're like, who are you? And then who do you want to follow? It'll flip around or you show up and you're like, hi, I'm Sam. And it's like, who do you want …”

“All the things that used to be social networks turned into social media. You know, and so how we thought about networks versus broadcast shifted pretty dramatically, and there's probably still room for interesting networks.”

“Social networks made last year, one hundred and fifty billion dollars. Had RSS won, and you had an architecture with no gatekeeper, I think it's credible to think that hundred and fifty billion dollars would instead flow to the edges of the network.”

“The social networks are going to do the smart thing, which is they're going to say, screw it. This isn't worth the pain, right? We're just not going to like care about that. We're just going to demote this stuff just as we've done globally. Like we can't, it's…”

“So I think the mistake is this idea that, you know, if you think about figuring out what's real or not real online, it's like a hot potato. No, it's an unsolvable problem. It's a war of attrition.”

“I think I would bet that in the long horizon, let's call it 20 years These networks will be built in with, these networks will do this. They will have a currency for the users on the network. And so the users will, the users who contribute to the network will …”

“The biggest sin to any of these networks is artificial promotion, because you end up with a bunch of people that are actually not interested in your contact and orthogonal to what you want, and it makes the experience absolutely terrible for you.”

“So, for example, there's a narrative, a very, very common narrative that AI is the culprit for a lot of the bad side effects of social networks in the past. And in fact, it's completely backwards. AI is the solution to those problems.”

“A lot of e-commerce of the future will actually come from social networks because ads and commerce are actually very symbiotic and naturally should go together.”

“The thing that's really tricky in understanding social networks is they're traditionally described as these direct network effect businesses, but all of them have to become Either cross side and or data and network effect businesses over time. The only compani…”

“And the fundamental thesis is that your friends are kind of into the stuff that you're into, and I would argue it is the greatest mistake Of social networks in the last 20 years, is to believe that is true.”

“So, long time, like, long story short, I think that social networks need to become less social, and I think that something that will make up for it is this idea of learned association or learned affinity through your behavior.”

“I actually think that a lot of other social networks are going to, you know, slowly start shipping at the pace if not faster than Twitter.”

“Over the last 10 years, if you started a company that did, like, fintech infrastructure or vertical SaaS for enterprise, the probability that your company became a billion-dollar company was astonishingly high. Whereas if you started something in consumer hard…”

“My definition is it's a densely connected sub graph in a social network.”

“That's probably the best demographic to build a social network around because I can't think of a time in your life that is filled with more, like, gossip culture, the desire to feel a part of a group, FOMO if you don't feel a part of it, and so unfortunately, …”

“You cannot take a single class, Where you really understand here's the spectrum of choices we have, you know, here's the very wide eclectic palette of colors we could paint with to build social networks, and here's the consequences of those choices. You cannot…”

“We've invested in a bunch just recently where instead of the creators getting zero percent, they get 98%.”

“The challenge is at this point, we're sort of designing social networks in 10 years time. Which kind of comes back to my, you know, the more we spend time we spend saying, so this is how I think it's all going to work. The more you're like, we have no idea how…”

“We have approximately 6000 agents using the free product, which is a social network. Approximately And we basically source our agents from that product. So every agent who joins us is through the product that they show interest in the brokerage.”

“Social objects, objects that people like to talk about that therefore can be the basis for sharing on a social network. Photos are super strong for that. Articles, cooking, like anything that people could kind of experience together or separately, but like hav…”

“I think that politicians are using the threat of regulation to try and drive the speech policies they want on these social networks.”

“Status as a service posits, there are two things that explain a lot of this. One is that humans are just hardwired to seek status, or as you would call it, status, which sounds more classy. The second is that humans... Will tend to gravitate towards the most e…”

“I think that with this kind of next wave of social, I think what we're going to see is kind of a separation of concerns where you have this blockchain, which is the diesel blockchain that powers, you know, kind of the back end of all of these things. And then …”

“Anytime you build a social network, at first, 70% of the conversation on that social network is about the social network.”

“I do believe that there are people in power who want to censor social networks because they don't like the disruptive democratizing force that it represents.”

“I fundamentally believe that what we need more than anything is a social network that has a reputation score attached to every single post that an individual puts out in the world so that people will actually think about what it is that they're sharing and say…”

“Social networks were invented and scaled 10 years, seven years ish before cryptocurrency. And so because of that you could only transfer status online And not value. And what that means is that everything basically boiled down to status games, leaderboard, wha…”

“I underestimated, when social networks were basically voyeurism and exhibitionism and time wasting and zombies and so on, I did not really think through their social impact”

“Historically, what we've found is that if a social network can get to a hundred million monthly active users, it typically finds a way to monetize.”

“Social social networks are a collective amygdala. They are not a collective cerebral cortex.”

“A lot of the thesis we have with crypto blockchain is that a similar thing will happen with internet services in the same way that almost all software today is made by a group, a community of people who get together and build something. We think the same thing…”

“I have this idea unpublished blog posts. I call media keto. The idea is think of media consumption, kind of like you do with food. And I think of social networks, like reading Twitter and things as like sugar. Reading the news, I consider sugar. I don't read t…”

“There are clearly structural reasons why it's very hard to create a new search engine or to create a new social network. There are very strong network effects, which I, the last, one of the last pieces I wrote, I described as basically a natural monopoly. And …”

“We're already seeing it. Absolutely. And I'm talking to founders every day. Gen Z founders who are like the way smarter versions of me graduating college. They've seen the mess that we've made over the last 15 years. They are actively building better platforms…”

“If we fix the tech companies, if we say in order to operate a social network, you have to make sure That you are policing hate speech, copyright infringement, terrorism, and every other kind of bad act, then what you're really saying is that you can only have …”

“It's the illusion that your social network is accurately reflective of the world. And we should just try to build the instinct to think that it never is. That just because something seems ubiquitous to our local communities almost never means that it's necessa…”

“It's very difficult for most social networks to pull off both being private and safe, but also being a place where you can meet new people.”

“Which would have been impossible on the desktop. No one would have used 10 different social networks on their web browser.”

“In a funny sort of sense, it's like you could be too far up the stack to do this, just as you could be too far down the stack to do this. So just as it doesn't really make sense for a mobile operator or a handset maker to try and build a social network, it doe…”