Jack Dorsey invests $10M to build open-source, ad-free social media

Watch Jack Dorsey invests $10M to build open-source, ad-free social media - Rizzle on Dailymotion

Transcript

00:00Jack Dorsey invests $10 million to build open-source, ad-free social media.

00:05Jack Dorsey invested $10 million in And Other Stuff, a non-profit building, experimental open-source social media tools.

00:14Rather than a company, it's a community of hackers, rethinking how platforms should work.

00:19The group, featuring early Twitter employee Evan Henshaw Plath, the creator of Cashew and ex-engineers from Truth Social and Intercom,

00:25first united on Noster, a decentralized protocol Dorsey has backed since leaving Twitter and BlueSky.

00:32They argue today's platforms are too corporate and ad-driven, neglecting user freedom and openness.

00:37Dorsey told TechCrunch that Twitter should have been a public protocol, not a company,

00:42since its business model forces compromises with advertisers, governments, and investors.

00:47He now backs open systems like Bitcoin and Noster, which let people build apps freely without centralized control.

00:53The group has launched several tools, including Shakespeare Haino White Noise,

00:58a Cashew Wallet for Private Payments, and AI Developer Tools.

01:02They're also drafting a social media bill of rights to promote privacy, user control, and transparency for future platforms.

01:09Dorsey and Henshaw Plath discuss these ideas in the first episode of Henshaw Plath's new podcast,

01:15Revolution.Social, recorded during a hackathon in Switzerland.

01:18Amidst this experimental phase, they envision shaping an open, private, community-driven social media future.