Twitter should have been a protocol, not a company, says its co-founder
Jack Dorsey, the co-founder of Twitter, said his biggest regret is that Twitter has become a business. The one who is no longer the boss of the social network since last year thinks that it would have been better if the whole thing had been a protocol.
“The biggest problem and my biggest regret is that [Twitter] became a business”, tweeted Jack Dorsey in response to a question about whether the rig turned out as he envisioned.
The biggest issue and my biggest regret is that it became a company.
— jack (@jack) August 25, 2022
Asked about the structure under which he wanted Twitter to operate, Jack Dorsey replied that it should be a protocol and that Twitter should not be owned by a state or another company. If it were a protocol, Twitter would work much like email, which is not controlled by a centralized entity, and people using different email providers can communicate with each other.
A-protocol. Def can’t be owned by a state, or company. Become clearer every day.
— jack (@jack) August 25, 2022
To date, Twitter is embroiled in multiple struggles. The company has sued Elon Musk for trying to walk away from its $44 billion takeover bid for Twitter. A former executive turned whistleblower has also accused Twitter of misleading federal regulators about its security measures to protect against hackers and spam accounts.