Business Daily cover image

Business Daily

Goodbye blue tick?

Jan 17, 2024
18:16
Snipd AI
This podcast discusses the changing nature of verification on social media platforms, particularly the blue tick symbol. It explores Elon Musk's decision to monetize verification on Twitter and the impact it has had. The significance and challenges of verification on platforms like Twitter and Instagram are explored, as well as the changing perception of the blue tick. The podcast also delves into the importance and challenges of Twitter as a platform for powerful voices.
Read more

Podcast summary created with Snipd AI

Quick takeaways

  • The introduction of paid verification options on social media platforms, such as Twitter, has diminished the credibility and significance associated with the blue tick as a symbol of authenticity and trust.
  • The value of the blue tick has shifted from a monetary standpoint, with users now perceiving it as something that can be purchased rather than a marker of credibility; creators and brands should prioritize producing high-quality content that resonates with the audience instead of relying solely on verification.

Deep dives

Changes to Verification on Social Media Platforms

The podcast discusses the changes that have occurred in the verification process on social media platforms, particularly focusing on Twitter (referred to as X in the podcast). The episode highlights how verification on Twitter has evolved in recent times, shifting from being a symbol of authenticity and trust to something that can be obtained by paying a fee. Elon Musk's influence on this change is also mentioned, as he transformed verification on Twitter by introducing a paid option available to anyone. However, the podcast reveals that the paid verification option has not been very successful, with less than 1% of users opting for it. It explains the implications of these changes for businesses, noting that larger corporations may find value in paying for verification to enhance their visibility and reach, but it may not be practical for small to medium-sized businesses due to the high cost involved. The episode concludes with insights from experts in the field, highlighting the shift in perception regarding the importance of the blue tick as an indicator of credibility and authenticity on social media.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode