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londons_explorer t1_jc1g3ee wrote

There are many companies who would be willing to pay far more than this for the data.

Things like investment firms who want to know what is going on and react in real time.

The real solution is to have a delayed data feed - everything more than a week old is available for free. If you want data 15 mins delayed, pay $$. If you want data 1 second delayed, pay $$$$. If you want data immediately, pay $$$$$$$$.

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dubiousadvocate t1_jc2iun3 wrote

The value of the data comes from the quality of data. What we’re seeing with twitter is the data is low quality, too much noise not enough signal.

This was true before Musk was forced to buy Twitter. In fact when Musk finally got around to doing basic due diligence after he locked himself into the deal he himself used the low quality as his reason to bail out. 🙄🤣

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noobgolang t1_jc1jesg wrote

Hey this is good idea

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Westfakia t1_jc1r8lo wrote

Good for whom?

Giving preferential treatment to financial companies based on means alone isn’t going to benefit anyone except the people at the top, who will continue to work to widen the gap between them and everyone else.

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yukeake t1_jc1vmxy wrote

Any sort of social research that isn't extremely time-sensitive could make use of week-old data. Academia is the big one, though, as they're always cash-strapped and there's no way they could afford thousands of dollars a month.

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FamousSuccess t1_jc27xaw wrote

Currently the situation does more for what you're describing than what was just proposed.

As-is, researchers are cut off entirely. Only those with the means to do say may access the API now.

Free tiered access of some level would level the playing field MORE than less

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0pimo t1_jc1xi9l wrote

>Giving preferential treatment to financial companies based on means alone isn’t going to benefit anyone except the people at the top

What planet are you on? This is how the world works. People with money spend it to gain benefits and value.

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Westfakia t1_jc2fet3 wrote

Last time I checked this was earth.

I’ve been here long enough to know that leaving capitalism unchecked is not the best course for the majority of society, and that we have a system of laws in place to prevent abuses as well as a tax system that helps redress systemic inequity.

Reall though, are you going to deny that letting oligarchs like musk run rampant is how twitter got fucked up in the first place?

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0pimo t1_jc2i0zz wrote

TIL that having to pay for API data from a privately held social media company constitutes "abuse and systemic inequity".

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tundey_1 t1_jc2zbxc wrote

>Things like investment firms who want to know what is going on and react in real time.

Were these investments firms using the API when it was free?

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