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by twitter_anon
2076 days ago
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This is a popular sentiment on HN, but it oversimplifies the situation. Engagement, in the aggregate, does not pay the bills. Advertisers paying us to sponsor tweets does. Advertisers will only do that if paying to sponsor tweets results in either improving brand image or converting sales. Advertisers won't pay for ads that don't get clicked on. Political pissing matches and disinformation campaigns don't bring the kind of engagement that results in clicking on ads and buying things, or of making positive brand associations. Engagement costs us money. It increases system load and the resources required to actually run the platform. Raising engagement for the sake of raising engagement is a net negative in the long run, because it results in too much engagement that doesn't sell products (and thus ads). I suspect there are some here who won't believe this; a few may be tempted to throw out a certain pithy Upton Sinclair quote. I'd like to know from this camp why you think that way. |
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First, when a company has shitty earnings, what metrics do they typically use in their investor reports to make the company still look palatable? New user acquisitions. Increased engagement. It doesn’t matter that the engagement is not generating money because it still lets them say “well, we lost a billion dollars this quarter, but user engagement is up 80% YOY so things are looking good for the future! (Please keep buying our stock/fund our next round!)”
Second, engineers working at a social networking company can’t directly influence what advertisers spend, but they can influence the behaviour of users, and leverage that for personal gain. “Look at how valuable I am, I developed this enhanced rage generating machine that increased engagement by 20% in A/B testing! Give me the big bonus now!” It’s a much harder sell to say “hey, Boss, I deleted a feature which was causing immeasurable subjective harm to society! It probably caused 100,000 users to delete their accounts and move to Gab! Give me the big bonus now!”