Doubtful, given how popular it is among people and ogranisations that carefully measure the RoI of their marketing & outreach operations, and constantly adjust balance of their efforts among 2, 3, 4 different communication channels (YT, Insta, mail, in-person events, topical forums, old style media, etc.).
A more fitting hypothesis would be, "Twitter opened up a couple new paradigms of influencing people". The paradigms are complex, opaque, and subtly inter-related; quite hard to grasp for people that aren't fully "in the loop". That's why there appearance of chaos and, at the same time, we see highly organized action emerges from this chaos.