TechForge

December 4, 2024

  • Bluesky positions itself as a “billionaire-proof” platform.
  • Bluesky sets itself apart from X and Threads with decentralisation.

Bluesky, the self-proclaimed “billionaire-proof” micro-blogging platform, is making waves in the social media world. With over 13 million users—and counting—it’s quickly becoming a popular alternative to Elon Musk’s X and Meta’s Threads. Bluesky offers a different perspective on social networking, gaining about a million new members daily and even topping Apple’s App Store charts.

So, what’s driving this buzz? Bluesky’s appeal lies in its promise to break free from traditional social media norms. Unlike X and Threads, which are controlled by corporate giants, Bluesky is designed to put users first, prioritising decentralisation and privacy.

What makes Bluesky unique?

While X and Threads are centralised platforms owned by tech behemoths (Musk’s X and Zuckerberg’s Meta), Bluesky sets itself apart with its commitment to decentralisation. The platform allows users to subscribe to different servers, each with its own moderation policies, giving users more control over their social media experience.

Threads, often seen as a direct competitor to X, was launched by Meta as a friendly, text-focused social network. However, it still operates in Meta’s ecosystem, raising concerns about data privacy and centralised control. Bluesky, in contrast, envisions a decentralised future where users and communities shape the platform—not corporate interests.

Bluesky also avoids the algorithm-driven feeds that dominate X and Threads. Instead, it provides a more customisable, user-directed experience, allowing individuals to decide how they interact with content. This aligns with its broader objective to recapture the ethos of the early internet—a space created by and for its users.

X user shares their opinion on the distinction between X and Bluesky
X user shares their opinion on the distinction between X and Bluesky (Source – X)

Can Bluesky sustain its policies under monetisation pressures?

One of Bluesky’s standout policies is its commitment to user privacy. Unlike X and Threads, Bluesky has promised not to use user data to train generative AI models. It also avoids traditional advertising practices, such as hyper-targeted ads based on user data, which are common on platforms like Threads.

However, as Bluesky grows, concerns emerge about whether these policies can hold up under pressure to monetise. Social media platforms often face significant costs for infrastructure, content moderation, and feature development. Without traditional ad revenue, Bluesky may need to explore alternative monetisation strategies, such as subscription fees or premium features.

Bluesky’s CEO, Jay Graber, has stated that the company has no plans to introduce conventional advertising. The platform is experimenting with a decentralised approach to moderation, relying on community-driven solutions rather than costly centralised systems. Still, as the user base expands, so does the challenge of managing harmful content while maintaining a positive experience for all users.

Is there pressure to monetise?

Bluesky’s rapid growth might put it under increasing pressure to monetise. Competing with giants like X and Threads means Bluesky needs to maintain a robust infrastructure and continually evolve its platform to attract and retain users. Investors, too, might eventually push for returns, leading to potential compromises in privacy or policy.

Unlike Threads, which integrates seamlessly into Meta’s larger ecosystem and can draw on Meta’s financial resources, Bluesky operates independently. This independence is part of its charm, but it also means the platform lacks the financial backing of its competitors. Moving forward, Bluesky faces the challenge of balancing its mission with financial sustainability.

Bluesky’s take on moderation and privacy

Bluesky’s content moderation approach differentiates it from X and Threads. The platform uses a combination of automated filters, manual oversight by server administrators, and community-driven labelling. Users can customise their experience by subscribing to servers with moderation policies that align with their values. This flexibility contrasts with the centralised moderation systems of X and Threads, which frequently spark controversy over censorship and bias.

In terms of privacy, Bluesky requires only basic user information, such as birth dates and email addresses. It also ensures that minors’ accounts have additional content restrictions to create a safer environment. However, Bluesky’s refusal to implement ID verification—citing privacy concerns—has drawn criticism, particularly from advocates for stricter child safety regulations.

Bluesky’s path forward

For now, Bluesky is carving out a space in the social media world similar to networks based around the ActivityPub protocol—a space that feels more aligned with the ideals of the early internet. Its focus on decentralisation, privacy, and user empowerment sets it apart from X and Threads.

However, whether Bluesky can hold its ground against its larger competitors in the long run will depend on how it balances innovation, user trust, and financial sustainability. As the platform grows, the pressure to monetise may become unavoidable. How Bluesky navigates this challenge will shape its future—and perhaps the future of social media as a whole.

Interested in hearing leading global brands discuss subjects like this in person? Find out more about Digital Marketing World Forum (#DMWF) Europe, London, North America, and Singapore.

Author

  • As a tech journalist, Zul focuses on topics including cloud computing, cybersecurity, and disruptive technology in the enterprise industry. He has expertise in moderating webinars and presenting content on video, in addition to having a background in networking technology.

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About the Author

Muhammad Zulhusni

As a tech journalist, Zul focuses on topics including cloud computing, cybersecurity, and disruptive technology in the enterprise industry. He has expertise in moderating webinars and presenting content on video, in addition to having a background in networking technology.

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