Will BlueSky live up to the lofty expectations so many social media users fleeing X have? AFP
Will BlueSky live up to the lofty expectations so many social media users fleeing X have? AFP
Will BlueSky live up to the lofty expectations so many social media users fleeing X have? AFP
Will BlueSky live up to the lofty expectations so many social media users fleeing X have? AFP


Is the grass greener on the BlueSky side?


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November 28, 2024

Bluesky has experienced a remarkable surge, reaching 20 million users in a few weeks. This influx stems from growing dissatisfaction with Elon Musk's transformation of Twitter (now X), driven by user frustration over a lack of content moderation and claims of unchecked misinformation. The “Xodus”, as it has been dubbed by some, is happening, and users are migrating to what is viewed as a return to something like the “old Twitter”, Bluesky, which promises a digital utopia.

The original Twitter successfully branded itself as a sophisticated platform where intellectuals gathered. Twitter succeeded for a while in promoting its culture as one of greater freedom than other platforms. However, despite its outstanding reputation regarding freedom of expression, we can still remember the many times it failed communities in its moderation process. It was also rarely profitable.

Jack Dorsey, Twitter's co-founder, led the push to BlueSky, to an extent. However, in a surprising turn of events, Mr Dorsey deleted his Bluesky account in September of last year.

Does BlueSky represent an altruistic future instead of the cluttered and criticised social media landscape? Photo: Getty Images
Does BlueSky represent an altruistic future instead of the cluttered and criticised social media landscape? Photo: Getty Images

He has since redirected his focus and resources, contributing $5 million to Nostr, a social network with cryptocurrency connections. This donation was part of a larger $21 million philanthropic effort from his #startsmall initiative, signalling his continued interest in decentralised social media platforms, albeit through different channels.

When he left his second brainchild, BlueSky, Mr Dorsey stated that Bluesky was “literally repeating all the mistakes” Twitter made, particularly concerning content moderation, which he said he didn't expect given the open-source AT protocol approach to building it. Mr Dorsey's name and the use of the buzzwords in the social media world such as “open source” and “AT Protocol”, were already leading factors in BlueSky's appeal, but what does this mean for average users?

In a nutshell, BlueSky operates on an open-source system called the AT protocol (Authenticated Transfer Protocol). Unlike Twitter, which has always been a proprietary, centralised platform, BlueSky's AT protocol is designed to give users more control and flexibility. Think of it as a universal social media passport.

For example, you can choose different ways to view your feed based on your favourite areas of interest and people to follow. If you don't like your current platform, you can move to a new one without losing your username or followers. Imagine you're using Bluesky, and you're not happy with it. Because it is built using the AT protocol, you could switch to another app while keeping your username, posts, and followers – it's like moving houses but taking all your furniture and friends.

It's not to be mistaken with ActivityPub standard protocol, which offers a different kind of freedom. In this, you can imagine social media platforms as separate playgrounds in a big city. Usually, these playgrounds are disconnected, and players (users) in one can't interact with those in another. ActivityPub is a magical bridge connecting these playgrounds. It allows users to follow and interact with friends across social networks without leaving their favourite app.

If you prefer one platform, you can quickly move to another without losing friends or posts. Your content could reach people on other platforms, like shouting from one playground to another.

Both protocols aim to make social media more user-friendly and empower individuals by giving them more control over algorithms. They strive to make social media feel more personal rather than dominated by big tech companies.

They also seek to make algorithms more transparent – a sharp contrast from the dark, mysterious, ever-evolving monster that knows everything about us. This is mostly the case in centralised platforms, like those used by Meta's Facebook. It is a huge debate in the social media world: Do we want complete freedom with no moderation, or moderation with maybe some censorship?

Some in technology circles and many average users think that completely open-source and unmoderated platforms are a form of tech anarchism and chaos, while others view it as the way things ought to be. However, is any of this actually taking place on any platform right now?

Not really. Although BlueSky uses the AT Protocol, it is currently the only platform utilising it, limiting true decentralisation. According to some media reports, BlueSky has faced challenges with community-driven moderation, leading to biases and failures in addressing harmful content like racism.

Its decentralised model risks spreading misinformation and creating fragmented user experiences. Some data privacy policies on the platform remain largely unclear as well.

Will BlueSky become a staple social-media platform like Facebook, TikTok and X? Reuters
Will BlueSky become a staple social-media platform like Facebook, TikTok and X? Reuters

What Bluesky promises reflects the dreams of many start-ups and tech-ethical enthusiasts: profit while prioritising people's freedom to leave the platform and take their followers and data with them. As an innovation expert and a cruise journalist chronicling social media's rise and fall, I remain a neutral observer, wielding tools that serve my life, work, and journalism community.

These platforms have always been complex companions – simultaneously helpful and challenging. They connect us while forcing constant adaptation to ever-shifting algorithms that often feel incomprehensible.

Twitter once gave journalists a golden megaphone, blue checkmarks and amplified voices across a digital landscape. We basked in the glow of our 280-character narratives, but the foundations were crumbling beneath our feet.

As we clung to our carefully crafted tweets, the world pivoted towards visual storytelling. Instagram's stories, TikTok's addictive shorts, and YouTube's deep dives became the new linguistic currency of the internet.

For some, Bluesky is a comfort zone for those nostalgic for a text-based space that recalls simpler times when algorithms were less manipulative. However, until we learn more about the very fine details behind how the platform works, I doubt the grass is greener – or “bluer” – over on BlueSky compared to other social platforms. I remain sceptical, yet somewhat optimistic.

Globally, the journalism industry, and many other industries, bent and reshaped to fit narrow algorithmic constraints. Journalists became algorithmic acrobats navigating these digital landscapes with increasing sophistication.

Adaptation became essential for survival and relevance. Now, as journalists and other users rush to Bluesky fuelled by social media nostalgia for simpler times, we must remember that nostalgia makes us vulnerable to forgetting the bad experiences that came with the territory of the good.

They are tools to help us connect and build a future, nothing more. Bluesky represents hope, a potential future where social media prioritises human experience over algorithmic control.

Yet challenges remain as the platform navigates its expanding universe. This is not a call to be scared of social media or to stop using it, this is a call to stay mindful and not to glorify any platform for its promises.

Wafaa Albadry is the newsletter editor at The National

UAE currency: the story behind the money in your pockets
Company%20Profile
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Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

SERIE A FIXTURES

Saturday (All UAE kick-off times)

Cagliari v AC Milan (6pm)

Lazio v Napoli (9pm)

Inter Milan v Atalanta (11.45pm)

Sunday

Udinese v Sassuolo (3.30pm)

Sampdoria v Brescia (6pm)

Fiorentina v SPAL (6pm)

Torino v Bologna (6pm)

Verona v Genoa (9pm)

Roma V Juventus (11.45pm)

Parma v Lecce (11.45pm)

 

 

COMPANY PROFILE

Name: Lamsa

Founder: Badr Ward

Launched: 2014

Employees: 60

Based: Abu Dhabi

Sector: EdTech

Funding to date: $15 million

What vitamins do we know are beneficial for living in the UAE

Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
The specs: 2018 BMW R nineT Scrambler

Price, base / as tested Dh57,000

Engine 1,170cc air/oil-cooled flat twin four-stroke engine

Transmission Six-speed gearbox

Power 110hp) @ 7,750rpm

Torque 116Nm @ 6,000rpm

Fuel economy, combined 5.3L / 100km

UAE currency: the story behind the money in your pockets
ONCE UPON A TIME IN GAZA

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Torbal Rayeh Wa Jayeh
Starring: Ali El Ghoureir, Khalil El Roumeithy, Mostafa Abo Seria
Stars: 3

While you're here
Updated: November 28, 2024, 10:25 AM