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Welcome to The Transformation Circle. Here, we cut through the noise to bring you the real essence of transformation, with one story at a time.
The Story
Recently, Elon Musk openly criticized advertisers, a move that has sparked widespread discussion.
Advertisements are the lifeblood of social media revenue, especially when platforms opt not to charge premium user fees. Instead, they rely on selling user data, a practice that has often cast advertisers in a negative light, perceived as oppressive by many.
In a bold statement, Elon said;
"If somebody is gonna try to blackmail me with money… Go f* yourself.
This sentiment echoes a growing frustration with the current economic models that govern our digital spaces. It's not just about the money; it's about the principle.
This scenario brings to the forefront a significant conflict:
the battle between economic models and the freedom of speech.
As leaders in the transformation space, it's crucial to understand the implications of this conflict.
How do we balance profitability with ethical considerations?
What role does user privacy play in this equation?
Most importantly, how can we navigate these choppy waters to create a digital ecosystem that respects both economic viability and individual freedoms?
This happened.
Social media owner cursed advertisers.
Connecting Dots ⬇️
Advertisements are the primary source of revenue for social platforms.
Without premium user payments, platforms sell user data.
And advertisers are often seen as oppressive.
Elon said ⬇️
"If somebody… twitter.com/i/web/status/1…
— Mert Efe Sevim (@sevimmertefe)
7:57 AM • Nov 30, 2023
The recent events are a wake-up call for all leaders.
It's time to rethink our strategies and align them with the evolving expectations of our users.
The future of transformation lies in finding a harmonious balance between economic success and the preservation of free speech.
Signing off from this edition of The Transformation Circle.
The journey of transformation is an adventure – be bold, be brave.
Excited to see where we'll go together in our next issue!
Until next time!
Thanks 👋
Mert Efe Sevim
Transformation Architect
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