FTX’s Sam Bankman-Fried Wants to Talk to Elon Musk About Twitter – – TmZ Blog

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FTX CEO Sam Bankman-Fried mentioned he’d like to discuss to Elon Musk about Twitter and different social media.
He thinks one of many largest issues with social media platforms is that they are all impartial of one another.
Using blockchain would remedy that problem, as all customers would find a way to entry the identical units of messages, he mentioned.

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Crypto billionaire Sam Bankman-Fried desires to share concepts with Elon Musk about applied sciences utilized in social media.

In a Tuesday interview with Bloomberg, the FTX chief govt mentioned social media’s “broken model” might be mounted utilizing blockchain.

“What is the moderation policy for all of social media — it’s like three guys? It’s the people who run three companies who choose what does and doesn’t get censored. That’s a broken model,” he mentioned.

“We saw a social media choose not to censor misinformation in 2016, and get absolutely roasted for that decision,” he added. “And then we saw them choose to censor in 2020, and get roasted for that decision.”

Bankman-Fried did not determine which platform he was referring to in that remark. It might be Facebook, which was accused in 2016 of influencing the US presidential election via its failure to sort out the unfold of misinformation.

One of the most important issues with social media corporations, he mentioned, is that every one platforms are impartial of one another. He gave the instance of Facebook and WhatsApp, that are each a part of Meta.

“There’s no ability to see a tweet on Facebook. If you message someone on Facebook, even WhatsApp can’t read it, and that’s even the same company. So, it’s just a really messy system where there’s no interoperability between different platforms.”

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