I think it’s important to remember that musk has never actually done anything to innovate the companies he’s been a part of. He didn’t create PayPal, he just bought his way in and made a series of dumb suggestions. He didn’t create Tesla, he bought Tesla right after they had fine tuned their models, and then he made a series of changes that likely resulted in a worse product.
Elon Musk is not a good businessman, he’s just rich and has a habit of purchasing profitable companies. Anyone could do this with his wealth. I’m not even really convinced that he’s offered many technical ideas or designs for any of his companies, as it seems that would be the first thing he would mention every single time someone brought up one of his companies.
But open AI wouldn’t even exist without him! After all, he contributed less than 10% of their raise and he suggested the name. You can’t have a company called Open AI if nobody names it Open AI.
He’s a dumbass, and his worshipers deserve him.
The moment I fully knew he was a fraud was when I heard him talk about ai.
I think it was the submarine thing where the mask slipped for all to see.
Musk: “I’m making a magic submarine to rescue those poor boys. Oh it doesn’t work, hang on a bit.”
Diver: “It’s alright, I rescued them the old fashioned way!”
Musk: “… Pedo.”
Nothing like a big strop in front of everyone to show us all the thin skinned narcissist he was all along.
The moment I fully knew he was a fraud was when I heard him talk
about ai.
The longer this shitshow goes on, the dumber Elon looks. Who could idolize him at this point?
My parents, tryna force me to work for him cause “he’s such a great person! Could you do a better job than him!”.
Mostly my dad suggesting me to be “the next musk” which honestly horrifies me
And you don’t immediately respond asking for some startup cash?
Could you do a better job than him
“I could’ve not drunk-bought Twitter, thereby saving $44 billion.”
Just their way of saying they want ten in-vitro grandchildren who all hate you
if it annoys you to worship him they’ll do it twice as hard.
Racist homophobic incels.
We’re living in very interesting times indeed.
So we have one billionaire over in Meta, who’s been making it very known how predatory in practice he is with getting your data and they fundamentally shatter the functionality of all of their platforms.
Then, we have this billionaire here who under a year, has made a total catastrophe of what was once a thriving platform once worth billions of it’s own until he came and acquired it.
And then we have this not-a-billionaire who, is inspired by the self-destruction of the other platforms that they too, must follow suit, in hopes of aspiring success.
I wonder what book they’re all reading from in the ways of business, that says if you suck harder, they’ll mean a net positive.
twitter is becomming painful to use everyday
Why not move to Mastodon?
It would be interesting to see it all lead up to some master plan like Elon gaining some hug political favor or something with all his actions with someone.
Why do you think he needs a hug ?
Someone whose name rhymes with pootin.
You kinda hope this is leading somewhere and it’s not just some crazy dude drunk with power hurtling the ship nose first into an iceberg.
Who knew that removing functionality and limiting access to your product was the path to social media success.
Apparently reddit attended the same workshop.
Spez literally said in an interview that Musk’s handling of twitter is what inspired him so
“This guy lost like $30B under a year. I wanna be just like him!”
How fucking stupid are these people?
Wait, really?! How?
They just announced they’re removing the coins/awards system.
How else are we supposed to know that the [removed] comment at the top of r/news or r/politics was the best content in the thread?
Ad revenue is down (at least) 50% and they just keep making decisions that kick people off their platform.
I’m pretty sure Twitter advertising and Reddit advertising are in a race to the bottom to see who’s going to have to pay companies to put ads on their site first.
It’s insane to watch this happen. I remember watching the rise of Twitter as a kid and it becoming ubiquitous with social media, only to see it crash down this quickly.
I’m speculating, but I’d guess a lot of functionality is being limited because they don’t have dev staff to maintain it, as well as trying to cut server costs as much as possible. I’d honestly be surprised if musk was making these decisions because he thinks it’s good for the health of the platform. There has to be some ulterior motive for it.
It is unfathomable to me how Reddit isn’t profitable.
Facebook makes a mint by telling advertisers, “trust us, we’ll get your ads in front of people who might buy your product based on a lot of inference around their fairly generic profile data plus some tracking cookies”. One guy should be able to sell a billion dollars worth of ads on Reddit. Just put up a form that says, “which subreddit do you want to advertise in?” and “what’s your credit card number?”. That’s it. They have like 10,000 completely segmented markets just sitting there full of hundreds of millions of people who have self-selected to be members of those communities.
We spend hundreds of billions of dollars collectively trying to figure out which google search terms might find us a few more solid leads. Reddit has an amazing list of them for every company in the entire world. How in the everloving fuck have they managed to blindly bumble around for two decades without ever falling into the giant pile of money in front of them?
he’s driving twitter towards bankruptcy because it’s his cheapest option out. He never really wanted to buy it! He made comments that got him on a legal hook, and unbelievably, buying twitter was cheaper than fighting, but the purchase of twitter was partially funded by a loan it took out on itself, and some people say that he could stand to profit if he bankrupts the thing, it just can’t appear intentional.
It’s funny how the biggest fuckups are happening to the platforms that critiqued the billionaire class the loudest.
Hmmm
This theory requires them to have sufficient devs to implement a new feature. That also seems unlikely to me
They have plenty of devs, but they’re all the worst in their field. How else could they take a fully developed app and turn it into the dumpster fire itbos today?
It’s usually not the devs who make the decisions on what to implement; that only happens in the early days of a site when the owners are also the devs.
C-levels looking to make money are pulling the strings. The devs at any large site just have a list of user stories to burndown.
Right. Never underestimate the absolute stupidity of hierarchies. (Corp bureaucracy in this case).  Stuff gets done just to make people look good based on who can tell the most convincing lie, not based, primarily at least, even on what would be good for the company as a whole.
 Devs, in most cases, are at the very bottom of this all, and therefore pretty much less responsible and have the least autonomy over what they do
It wouldn’t surprise me if this was what is really going on musk spent 44 billion which is far more than twitter was ever worth he basically got tricked into buying a company that has never made money and now he’s trying to get it to make money
He didn’t get tricked into anything. He massively over offered and then when Twitter accepted his offer he realized he fucked up
Maybe I’m miss remembering but he made a huge offer realized it wasn’t worth anywhere close to that then realized he faced a huge fine and sec investigation if he backed out and was basically forced to buy twitter
The problem with this remembering of events. Is that what would be more costly. 44 billion dollars. Or a fine that he would be able to pay off with an hour or two’s earnings. And an uneventful SEC investigation? And if the 44 billion was the better of the two options. Then what is he hiding that the SEC would absolutely own his ass over? And why is it a good thing that he’s hiding it?
I think he’s already been in trouble with the SEC over alleged Tesla stock manipulation (using Twitter to claim he was taking the company private at 420 a share or something), so maybe it could have become a real mess, so he decided to just go ahead with the deal.
He also manipulated crypto with his oversized influence through Twitter, though afaik the SEC can’t do shit about that as crypto was (and still is) basically unregulated.
One of the sanctions the SEC seeks for repeat offenders is a ban on serving as an officer of any public company.
Such an amazing platform. ran by a genius.
s/ran/run into the ground/
But you can change it back. Here’s how.
At this point, why even bother?
It’s the enshitification that keeps on shitting.
I don’t see the logic in making this change. Is someone supposed to want to join blue just so they can DM people that haven’t changed the default setting?
Yes.
It’s a pay-to-harass scheme.
I can’t think of another product I know more about that I don’t use. Just die already, elon is killing you in public to remove the threat of Twitter as an organizing tool for social uprisings and labor as a favor/brownie points/roundabout contracting for other billionaire “buddies”.
Just go.
If was always about limiting the ability to organize using Twitter and Reddit. They want things to go differently in 2024, not because of any conservative political ideology even though most of them skew that way. But because they make more money when the monsters are in charge.
Who is still interested in that stite it’s actually baffling at this point that there are still people on there.
People I like post hentai on Twitter
only valid reason any one has replied…
I’ve been there since 2014 and if I wasn’t aware of the constant whining about how bad twitter is on other sites but twitter I wouldn’t know anything has changed. For me it’s the same it has always been. It’s also the only platform where I have any kind of following so I don’t just leave like I did from reddit.
So the bottom half of any twitter comment thread has ALWAYS been crypto scammers, gofundme scammers, bots hawking t shirts and maga chuds responding off topic?
I have no idea. I don’t read twitter threads
That’s so interesting, our Twitter consumption habits are really different. What do you use Twitter for? Just sending out updates to your followers?
Also as an aside, I hate how lemmy users are like Redditors and downvote any information contrary to what they want to see
I hate how lemmy users are like Redditors and downvote any information contrary to what they want to see
I was thinking the same. There’s one person being honest about why they use Twitter - in a thread asking about why it’s still used - and the only thing people can do here is downvoting him? It’s sad.
It’s not all users, it’s the server culture. Try a different server and you’ll see a different user culture.
Servers are not isolated from each other, people participate in communities regardless of the server they have their account on, that’s how the federation works.
Tho if by “server” you actually mean “community” then yes, each community can have its own “culture” like different subs on reddit did.
The didn’t buy Twitter for a profit.
He bought Twitter to destroy it because big free horizontal communication platforms are bad for billionaires.
He can’t just close it, so he just destroy it little by little until it is no more.
The same way conservative groups bought Tumblr because it was too sexual liberating for their conservative views.
he offered to buy twitter for a joke, and he actually did buy twitter because a court forced him to. not because this was some grand plan to accomplish anything - he literally spent months in court arguing that he shouldn’t have to buy twitter, and he lost. that’s the only reason he owns twitter now.
You cannot make a “joke” offer file it with the SEC and expect to get out of it.
Yeah, he owns it because he’s a dumbass and he’s running it into the ground like a dumbass
the court didn’t force him, he could have paid a penalty that was much lower than his current losses.
He bought Twitter by mistake, and was forced into it by Twitter shareholders who saw the opportunity to make bank.
“mistake” in this case actually means by shooting his mouth off and thinking he was smarter than everyone else in the room. He fucked around, then immediately began finding out.
This is also the case, however he had the option to drop out with much lower losses.
You give Musk too much credit. The fucking guy is a big baby with impulse issues - who happens to have billions of dollars at his disposal. He is running Twitter exactly as I would think a dipshit narcissistic tantrum baby would run it, although dismantling Twitter does coincidentally benefit the top .1% for now
He bought Twitter because he (along with the Saudi royal family, the monarchy ruling Qatar, and the larger worldwide cabal of authoritarians) thought he could use it to control public discourse in the same way oligarchs bought up newspapers, radio stations, and TV stations in the past. He’s killing it because he never understood what most people liked about Twitter, he only understood what he liked about Twitter (getting a lot of attention and being able to be shitty to people without having to actually socialize).
test
Jokes on you, no one ever DM’ed me anyway.
Really? What’s your secret to avoiding the incessant only fans bots?
I dunno, I guess the fact that I’ve never been very active on Twitter. I use it occasionally and reply to the odd thread, but I never even knew only fans bots was a thing there.
I’ve used Twitter off and on for a while to follow artists who post there, and my dms are full of only fans spam and crypto scams
“How to burn 44 billion dollars within a year” by Elon Musk
✅ alienated advertisers ✅ alienated right wing by curbing free speech despite saying the opposite ✅ alienated left wing by letting the right wing go rampant ✅ restricting core functions
Wow how is that going to be profitable for him? I don’t see it.
It must be nice to be able to burn 44 billion dollars and not miss it at all.
I could live comfortably for the rest of my life on 1/10,000th of what Musk wasted.
With 44 billion us dollars Elon could have built a small home for every homeless us citizen.
