technologyliberal
Celebrities and Tech Pros Team Up to Create Open Social Media
WorldwideTuesday, January 14, 2025
But creating this new system isn't easy. Bluesky, the company behind the AT Protocol, needs money to make sure the tech doesn't depend on any one company or billionaire. They want to raise $30 million over the next three years to make this happen. Right now, they're asking for $4 million to start a foundation that will ensure the tech can't be controlled by billionaires.
You might think, "Why should I care about what some rich celebrities want? " But remember, even the richest celebrities aren't as wealthy as the billionaires who control our current social media. Mark Ruffalo, the most well-known member of this group, is worth about $30 million. Elon Musk, on the other hand, is worth around $416 billion, which is about 14, 000 times more. So, it's not just about money; it's about who has the power.
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