DailyFinance Toolbar

Massucci's Take: Why Twitter Matters

Posted 6:00 PM 10/21/09 , , , ,
Print Text Size A A A
Why do you think Twitter matters? Why should I use Twitter? Will Twitter be around in five years? As I've become more involved using the online microblogging service this year, these are questions I'm often asked about Twitter.

The answer to the first two questions is simple: because Twitter is used to connect with people. Twitter isn't a magic trick. The magic happens once you've used it for awhile. At some point, Twitter users find that opportunities appear, doors open and connections happen -- just as they do if you join a church group, a sports team or a networking association. The longer you Tweet and the more involved you become, the wider the tentacles reach.

"What Twitter really represents for some people is legacy," says Jeff Pulver, who co-founded Vonage and hosts Twitter conferences in cities including Los Angeles, New York and Tel Aviv. "Words, ideas, thoughts are small postcards that people can send to themselves in the future because now there's a digital trail as to who said what, when and where."

From that point of view, Twitter is a timeless platform containing a trail of expressions, leaving a path that may help people in the future discover how and why we got there.

What about that third question: Will Twitter survive for five years? That depends on whether Twitter's co-founders can turn this thought-catching-machine into an cash-creating engine. Twitter co-founder Biz Stone said in July that Twitter will make money this year and "will continue to add ways to make it more valuable." If Twitter proves to be profitable, it will likely stick around for years to come. If not, no matter how much folks enjoy using the service, it won't.

Part of why Twitter works is the charm of its140-character limitation. It forces users to communicate their thoughts succinctly and clearly, while doing it in written form. It doesn't always work, and when it doesn't, it can cause misunderstanding and confusion, or worse, no response. (Or even worse, it can be used for no good at all, such as celebrity death hoaxes.) The quality of Twitter relies on the quality of the connections happening on the site.

"It helps people more transparently connect with each other, and companies to more cleanly connect with the customers," says Dr. Pamela Rutledge, director of Boston-based Media Psychology Research Center. "If people aren't achieving a quality relationship with others online, they wouldn't use it, and it wouldn't work." Peggy White, publisher of Double X, a webzine spin-off from Slate that focuses on women's issues, says Twitter and social networking work because they're improving the quality of relationships and communication both online and off.

In short, Twitter gives people a chance to control their message in a short burst. Once the message is out there, it may take a path not intended by the originator. The beauty of the service is if you let go of controlling the message, you typically discover better or more useful information. It all depends on the users who send Tweets.

"People discover their voice matters," Pulver says. "When you have a platform that aggregates people making statements, and these statements move to the top in a democratic fashion, that moves markets."

Love it, hate it or disregard it, that's why Twitter matters.

Anthony Massucci is a senior writer and columnist for DailyFinance. You may follow him on Twitter at hianthony. He is speaking tonight about why Twitter matters at a New York City event hosted by Jeff Pulver.

Anthony Massucci

Anthony Massucci

View all Articles »
Senior Writer and Tech Columnist

Anthony Massucci is a senior reporter and columnist for DailyFinance, covering technology and social media companies for DailyFinance. He worked at Bloomberg News for 13 years, covering technology, media and the Federal Reserve. He did live daily TV coverage for Bloomberg Television from the Nasdaq Market Site in Times Square and New York Stock Exchange from 2001 through 2004.

Read More
SUBSCRIBE TO:
RSS
COMMENTS ( 0 )
GOT SOMETHING TO SAY?
YOU'LL BE ASKED TO REGISTER OR SIGN IN BEFORE POSTING A COMMENT.
Make a Comment
Comment
 
Follow Us
Follow Our Writers
Pallavi Gogoi Pallavi Gogoi Financial Writer
Peter Cohan Peter Cohan Financial Columnist
Sarah Gilbert Sarah Gilbert Features Writer
Gene Marcial Gene Marcial Financial Columnist
Jeff Bercovici Jeff Bercovici Media Columnist
James Altucher James Altucher Financial Columnist
Mercedes M. Cardona Mercedes M. Cardona Retail Reporter
Nikhil Hutheesing Nikhil Hutheesing Assistant Managing Editor
Latif Lewis Latif Lewis Business News Editor
More Writers

Headlines From DailyFinance Partners

CNN Money
CNBC
Smart Money
Fox Business
Engadget
BloggingStocks
 WalletPop
AOL Small Business
Luxist
Housing Watch
AOL News
Business NewsInvesting and Real EstatePersonal Finance at WalletPopSmall Business

Terms of Service | Privacy Policy | Trademarks | HELP

© 2009 AOL Inc. All Rights Reserved