
Jerome Cody
shared a poll post in group #The Most Important Thing
š„Elon Muskās NEW Twitter... wants to be WeChat?!
[Prediction] the āX appā will FAILš - Do you agree?
R.I.P. Twitter bird š¦
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 WeChatās "super-app" model, where you can do everything all in one place.
I'm calling it now - it WONāT work!! š¬ Here's why:
1- Not needed in the West!
The issue is demand - not innovation.
Weāve seen others partially try it: Uber, Microsoft (albeit vertically ā within their own niche).
Unlike Latin America / Africa etc, in the US & Europe, thereās no audience for it.
š” When WeChat was launched, China didnāt have many of the functionalities that it suddenly offered, e.g. Payment ā 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 āEverythig Appā 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 š¤·āāļø
2- Convenience? Where?
What Musk has proposed so far offers *minor* ROI or uplift in convenience.
The equation for āconvenience VS money needed for changeā just doesnāt quite balance out.
Retailers would need to adjust their infrastructure for his new payment system (crypto?) š³
+ consumers would need to change their habits, top up a new wallet, etc!
3- No Trust... China didnāt have an internet ecosystem, so WeChat *created* that trust factor š
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/..
