The Chief Twit

[bobabode]

'Welcome to Hell'

"You fucked up real good, kiddo.

Twitter is a disaster clown car company that is successful despite itself, and there is no possible way to grow users and revenue without making a series of enormous compromises that will ultimately destroy your reputation and possibly cause grievous damage to your other companies.

I say this with utter confidence because the problems with Twitter are not engineering problems. They are political problems. Twitter, the company, makes very little interesting technology; the tech stack is not the valuable asset. The asset is the user base: hopelessly addicted politicians, reporters, celebrities, and other people who should know better but keep posting anyway. You! You, Elon Musk, are addicted to Twitter. You’re the asset. You just bought yourself for $44 billion dollars.

The problem when the asset is people is that people are intensely complicated, and trying to regulate how people behave is historically a miserable experience, especially when that authority is vested in a single powerful individual.

What I mean is that you are now the King of Twitter, and people think that you, personally, are responsible for everything that happens on Twitter now. It also turns out that absolute monarchs usually get murdered when shit goes sideways.

Here are some examples: you can write as many polite letters to advertisers as you want, but you cannot reasonably expect to collect any meaningful advertising revenue if you do not promise those advertisers “brand safety.” That means you have to ban racism, sexism, transphobia, and all kinds of other speech that is totally legal in the United States but reveals people to be total assholes. So you can make all the promises about “free speech” you want, but the dull reality is that you still have to ban a bunch of legal speech if you want to make money. And when you start doing that, your creepy new right-wing fanboys are going to viciously turn on you, just like they turn on every other social network that realizes the same essential truth."

Patel at The Verge

continued here - https://www.theverge.com/2022/10/28/...ech-moderation

Twitter is going to be more of a hellscape than it already is with Musk at the helm. My Space with every 4chan racist troll in attendance?

[donquixote99]

^^^excellent analysis. Not a great time to own shares in Elon Musk.

[Rajoo]

Originally Posted by donquixote99

^^^excellent analysis. Not a great time to own shares in Elon Musk.

Don't own shares, but I have been well Musked.

Tesla Model 3 first model year and just this year Tesla Energy Solar system & Starlink, these two being necessities and with no other easy choices.

[finnbow]

Elon Musk will have to pay three fired Twitter executives $200 million dollars.

https://www.cnn.com/2022/10/28/tech/elon-musk-twitter-golden-parachutes/index.html

[donquixote99]

" Elon Musk is engaging in pizza gate level disinformation about Paul Pelosi. Absolutely disgusting. This place is already a cess pit of misinformation and its going to get so much worse."

My comment: Elon is either going to have to learn not to amplify crap like this, or else. Most people can't stand being on a right wing playground full of incels, and more important, no one will want to advertise on it. Twitter will crash and burn, and possibly Musk's whole empire with it.

https://twitter.com/Esqueer_/status/1586701657030680577

[Rajoo]

This is crazy. If people post on Twitter asking others to sabotage the site, they may not have enough resources to stop the avalanche. Dumb as dumb can be.

[donquixote99]

No need to sabotage beyond what Musk is doing himself. He lets in the Nazi's, and they will drive off everyone else, in particular the advertisers.

[Rajoo]

Here is something that gives us all some hope.

Meta’s stock price has plunged, taking founder Mark Zuckerberg’s wealth — mostly invested in his company’s shares — down with it. Having hit a peak of $142 billion in September 2021, his net worth stood at roughly $38 billion on Thursday, according to the Bloomberg Billionaires Index. And while several tech moguls have suffered big paper losses in the current market tumult (including Post owner Jeff Bezos), Mr. Zuckerberg’s 73 percent decrease appears to be the largest.

https://www.washingtonpost.com/opini...ck-wealth-tax/

At this rate, Musk's Twitter stake should be worth about $13Billion very soon. Perhaps Twitter will merge with Truth, Trump will be the True Twit and Elon the Chief Twit.

Full Disclosure: I upon bad advice registered with Facebook way in the beginning, but never posted or visited the site to post or read. I have tried to delete my login, written to them several times and my login is still active. So I am pissed beyond words at FB.