The Duran reported the other day on “alt-left” social media platform Twitter, declaring war on “alt-right” user accounts, in what was a massive deletion of profiles Twitter deemed “hateful”.
Instead of being a neutral platform where voices and opinions were communicated, Twitter consciously decided to take sides in a wider social debate between right and left. Politically correct behavior has consumer Twitter, and the damage being done to its bottom line will not go unnoticed by shareholders.
The Duran noted…
Twitter is a private company and can do as it wishes, but this latest move from the social media company to remove accounts it feels do not comply with its way of thinking is one slippery slope that will inevitably lead to the company’s demise.
Instead of treating its product like a utility based business, standing far and away from social issues by simply providing a communication tool, Twitter execs have decided to take sides and use their ownership of the “pipes” to influence outcomes, filter results, and remove speech it finds objectionable.
The boomerang affect that censorship bring is now taking hold with actor and prominent conservative commentator James Woods tweeting…
“Since @Twitter is now in the #censorship business, I will no longer use its service for my constitutional right to free speech. #GoodbyeAll”
Woods changed his bio to say…
“Twitter has now sadly abdicated its position as a sole beacon of free speech. Voltaire’s famous dictum has been quietly buried by these left wing savages.”
— James Woods (@RealJamesWoods) November 18, 2016
As we warned earlier this week, while Twitter has every right to block and delete any users it chooses – even if one may question its preference to focus on right-wing, conservative accounts even as Islamic State “terrorist” accounts continue to proliferate within Twitter – the big risk for the company, whose growth rate has already peaked resulting in its share price plunging and leading to numerous rotations at the corner office and mass layoffs, is pushing away as much as half of its audience.
Meanwhile, we are confident that in the aftermath of Woods’ boycott, many more vocal conservatives will follow suit, leading to even greater user-retention headaches for Jack Dorsey – whose tactics to allegedly become a liberal echo chamber have been criticized by both the left and right – and an even lower TWTR stock price.