On technology shiny objects and Truth Social.
I've written about technology and shiny objects from time to time. It's usually an interesting topic full of hubris, hype, wishful thinking, people investing other people's money in a questionable venture, and largely a Cheshire Cat that will ultimately fade, if not disappear. However, the shiny object usually has some technology aspect that has some merit that often survives in some fashion.
Truth Social is a waste of time that I've ignored. But now it's inexplicably a publicly traded company. But is it a shiny object?
In short, no. It has no technology or user value that it brings to the market. It contains nothing new or distinct. It raises no competitive concerns to other social media companies.
It has two things, Trump and his cult.
Statistically and medically, Trump won't be around much longer. Once Trump is gone the cult will fade out. Truth Social will be gone too.
#Trump #TruthSocial #StockTrading #Business #Finance #SocialMedia #ShinyObject