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Jerome Cody

shared a poll post in group #The Most Important Thing

šŸ”„Elon Musk’s NEW Twitter... wants to be WeChat?! [Prediction] the ā€˜X app’ will FAILšŸ‘‡ - Do you agree? R.I.P. Twitter bird 🐦 X Corp = its successor, Elon Musk's new tech company - which aims to create a Western copy of China's WeChat. "X is the future state of unlimited interactivity - centered in audio, video, messaging, payments/banking - creating a global marketplace for ideas, goods, services, and opportunities," - Twitter CEO. All this new "Everything app" is right now, is a logo on the old Twitter site - that looks like a forgotten Marvel villain. BUT in the future, X Corp hopes to fully follow WeChat’s "super-app" model, where you can do everything all in one place. I'm calling it now - it WON’T work!! 😬 Here's why: 1- Not needed in the West! The issue is demand - not innovation. We’ve seen others partially try it: Uber, Microsoft (albeit vertically – within their own niche). Unlike Latin America / Africa etc, in the US & Europe, there’s no audience for it. šŸ’” When WeChat was launched, China didn’t have many of the functionalities that it suddenly offered, e.g. Payment – going from cash to a mobile wallet. The West ALREADY offers those (e.g. Apple Pay) with *seamless* integration. Keep in mind: WeChat is less an ā€˜Everythig App’ and more so a Social OS. Even with WeChat, you still need to enter various features and mini-apps. WeChat was RIGHT time, RIGHT place... X is WRONG time, WRONG place šŸ¤·ā€ā™‚ļø 2- Convenience? Where? What Musk has proposed so far offers *minor* ROI or uplift in convenience. The equation for ā€˜convenience VS money needed for change’ just doesn’t quite balance out. Retailers would need to adjust their infrastructure for his new payment system (crypto?) 😳 + consumers would need to change their habits, top up a new wallet, etc! 3- No Trust... China didn’t have an internet ecosystem, so WeChat *created* that trust factor šŸ™ In recent years, people have lost trust for Twitter, and largely thanks to Elon Musk. Bottom line? The ONLY way X can succeed is if it offers something *significantly* BETTER than the status quo. Would you use the X app? https://www.linkedin.com/..
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