“ A back of the envelope analysis from Felix Stalder gives a sense of how little these ads are worth. Last quarter, Facebook reported that it had 1.32 billion users, collected $2.91 billion in revenue and made a profit of $791 million, for a profit margin of 27 percent. Facebook is clearly doing a great job making money from ads. But the profit per user is just under $0.60. That’s a fascinating figure, because Facebook reports that users spend 40 minutes per day on the site, or roughly 60 hours per quarter. ”
“ I think Whitney is right that we are unlikely to have an open Internet without trolls. They are annoying, as is comment spam and many other things, but I’d rather have an open forum where anyone can comment, than close things down and lose all that comes from the freedom to say and do what you want. ”
“ Email is actually a tremendous, decentralized, open platform on which new, innovative things can and have been built. In that way, email represents a different model from the closed ecosystems we see proliferating across our computers and devices. ”
So is RSS… and it’s using HTTP!
“ As we construct our online profiles based on what we already know, what we’re interested in, and what we’re recommended, social networks are perfectly designed to reinforce our existing beliefs. Personalized spaces, optimized for engagement, prioritize content that is likely to generate more traffic; the more we click, share, like, the higher engagement tracked on the service. Content that makes us uncomfortable, is filtered out. ”
Another reason why we should never rely on social networks to distribute our news… news consuming apps (readers) should be agnostic.
“ The two are vocal advocates of the Open Web movement, which is a geeky revolt against the closed, advertising-heavy social media services that increasingly dominate the online world. ”
“ Same thing with RSS. The power of RSS is that everyone uses it to move news around. Abrams’ startup wouldn’t work without RSS, any more than my car will work without gasoline. He should be singing its praises and helping it work better, not picking fights. # ”
“ Documenting the Open Reader API ”