Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2025-01-13 18:46:41| Engadget

I think its safe to say that most humans on this planet are growing, how can I put this lightly, weary of the current billionaire stewards of our social media ecosystem. X is a hateful mess. Meta is trying to become a hateful mess. TikTok is likely on its way out. Social media is just not that fun or useful anymore. However, a cadre of celebrities and notable ex-Twitter users are trying to save social media from billionaire capture by creating something called FreeOurFeeds. These folks want to build a new social media ecosystem, one that is focused on the public good instead of profit-driven incentives, as reported by User Mag. So thrilled to be working with folks like @audreyt, @doctorow, @shoshanazuboff, @Moonalice and @jimmy_wales on #FreeOurFeeds.Weve got a chance here: Blueskys open protocol is an incredible opportunity to reimagine social media and take it back from fickle billionaires. https://t.co/QSjbg6MAIV Eli Pariser | @elipariser@mastodon.social (@elipariser) January 13, 2025 Some of the big names behind this project include actor Mark Ruffalo, actor/director Alex Winter and sci-fi writer/journalist Cory Doctorow. Brian Eno is involved, as is Jimmy Wales (the founder of Wikipedia.) The plan involves building new social media apps on top of the pre-existing AT Protocol, which is a decentralized framework that Bluesky runs on. This would ostensibly give users significant control over their data, algorithms and the entire online experience. The last two decades have seen the world sleepwalk into a situation where a handful of companies dictate our entire social media experience. Now, for the first time we have an opportunity to rewrite the rules. Blueskys underlying technology, the AT protocol, could offer a new pathway for the social web. said Sherif Elsayed-Ali, Executive Director of the Future of Technology Institute. There are a couple of major hurdles here. Bluesky is still backed by venture capital, so the team has to raise money to ensure the underlying technology is put on an independent pathway, so that the future of social media can be freed from the whims of any one company or group of billionaires. The foundation also requires money to start building critical infrastructure. All told, the organization hopes to raise $30 million over the next three years. Theres a GoFundMe right now, with the intent to raise an initial $4 million. Initial funds will be spent to launch a public interest foundation that will attempt to make Blueskys underlying tech fully resistant to billionaire capture. Before you dismiss this notion as a bunch of rich celebrities holding out a donation can, lets remember that even the wealthiest celebrity doesnt hold a handle to the billionaires that control the levers of power. Mark Ruffalo, likely the most notable member of the group, is worth around $30 million and Alex Winter is worth $4 million. Elon Musk is worth $416 billion and Mark Zuckerbergs worth is creeping up on $220 billion. Musk is worth, wait for it, around 14,000 times more than Ruffalo. The difference between million and billion is pretty serious.This article originally appeared on Engadget at https://www.engadget.com/social-media/celebs-and-tech-luminaries-including-mark-ruffalo-want-to-create-a-fully-open-social-media-ecosystem-174641161.html?src=rss


Category: Marketing and Advertising

 

Latest from this category

13.12A new AAA Alien game is reportedly in the works
13.12Half-Life 3 is rumored to be a Steam Machine launch title and could arrive in spring 2026
13.12iOS 26.2 is here with another Liquid Glass tweak, new Podcasts features and more
13.12CRKD's Nitro Deck 2 works for both the Nintendo Switch and Switch 2
13.12WWE Saturday Night's Main Event: How to watch John Cena's final match for free
12.12Amazon pulls its bad AI video recaps after Fallout fallout
12.12IKEA's new wireless charger is as cute as it is practical
12.12Clair Obscur: Expedition 33 devs dropped a big update after sweeping The Game Awards
Marketing and Advertising »

All news

14.12Tories to scrap petrol car ban if they win next election
14.12Brixton Soup Kitchen prepares for busy Christmas
14.12FPIs withdraw Rs 17,955 cr from Indian equities in Dec; total outflow at Rs 1.6 lakh cr in 2025
14.12Pride Hotels targets IPO by March 2026 to fund renovations
14.12Mcap of 8 of 10 most valued firms erodes by Rs 79,129 cr; Bajaj Finance, ICICI Bank hit hard
14.12Fermenta Biotech, Stallion India among 10 smallcaps jumped up to 27% in just 5 days. Did you own?
14.12Foreign investors sold Indian shares at Rs 145 crore every trading hour in 2025
14.12How to make the most out of your company holiday party
More »
Privacy policy . Copyright . Contact form .