• Vlyn@lemmy.zip
    link
    fedilink
    English
    arrow-up
    203
    arrow-down
    4
    ·
    1 year ago

    Because he’s doing everything to make it fail and destroy the platform, isn’t it obvious?

    • Buffalox@lemmy.world
      link
      fedilink
      English
      arrow-up
      125
      arrow-down
      2
      ·
      1 year ago

      No, you don’t throw away $44 billion just for shit and giggles, not even if you are as rich as Musk. Musk is (probably) a narcissist who thought he could make it work in his delusional mind.

      He wanted a mouthpiece for the MAGA crowd, and he probably thought the desire in the population for it, would make it succeed, if he made the platform embrace that. He probably envisioned himself as a great liberator, who would be celebrated for bringing free speech back to America.

      Musk has been losing it for a long time, and it seems to only get worse.

      • steltek@lemm.ee
        link
        fedilink
        English
        arrow-up
        9
        ·
        1 year ago

        Also, I don’t think a narcissist would intentionally and publicly humiliate themselves the way Musk has done (Not a psychologist).

        • Buffalox@lemmy.world
          link
          fedilink
          English
          arrow-up
          7
          arrow-down
          1
          ·
          1 year ago

          Absolutely true, being humiliated is just about the worst thing for a narcissist.

          An example of that, was when Elon Musk called the diver who actually rescued 13 children in Thailand a pedophile. Imagine that, calling the hero of the day a pedophile because you are butthurt!!

        • crate_of_mice@lemm.ee
          link
          fedilink
          English
          arrow-up
          1
          ·
          1 year ago

          No they definitely don’t like to be humiliated, they probably feel that a lot more deeply that non-narcissists. But at the same time, they lack the self-awareness that would help them avoid getting into situations that would lead to humiliation.

      • ShittyBeatlesFCPres@lemmy.world
        link
        fedilink
        English
        arrow-up
        10
        arrow-down
        3
        ·
        1 year ago

        I think a lot of “hardware” people underestimate software. Historically, hardware was way more complex but the hardware problems have kind of been solved. There’s only so many ways to design a phone or laptop. Software, meanwhile, has only become more complex and challenging.

        • Buffalox@lemmy.world
          link
          fedilink
          English
          arrow-up
          11
          ·
          edit-2
          1 year ago

          I agree, but I don’t see the point in this context?

          The software to build and run Twitter, is probably not worth much besides for running Twitter. No Twitter means no value in the software for it either.

      • dragontamer@lemmy.world
        link
        fedilink
        English
        arrow-up
        3
        arrow-down
        1
        ·
        edit-2
        1 year ago

        No, you don’t throw away $44 billion just for shit and giggles

        Why not? Elon Musk is famously on ketamine, ambien, and a whole slew of mind-altering substances.

        Given how the contract was written, and given how much Elon Musk fought against the contract, it was obvious that he made a short-term decision (likely while high on some substance), and then quickly regretted buying Twitter. Within a week or two, he started a court case to NOT BUY TWITTER, despite signing an ironclad contract.

        In my mind, its really fucking obvious what happened. Elon Musk partied a little bit too hard with some mixture of ketamine+ambien+alcohol, it mixed weirdly in his brain and he made a bad decision. A few days later, when he sobered up a bit, he realized how shitty of a decision he made but it was too late to roll things back.


        Everything else Elon Musk has done is just… shitty reputation management. He’s trying to convince the world he’s still got it, despite making a bad (possibly drug-induced) decision

    • PeleSpirit@lemmy.world
      link
      fedilink
      English
      arrow-up
      35
      arrow-down
      1
      ·
      1 year ago

      I truly think this is all his fucking up, nothing else. He was trying to take away features that probably align with the people who gave him money, but had no idea how to make it work and make money and is desperate. Desperation makes you even more stupid.

      • Clent@lemmy.world
        link
        fedilink
        English
        arrow-up
        23
        arrow-down
        3
        ·
        1 year ago

        I don’t see the conspiracy.

        My assumption is the investors immediately got what they wanted. They are not stupid.

        Money men don’t hand over money to these front men based on promises. This isn’t a Hollywood movie. There was an immediate pay off.

        They got SpaceX stock.

        • aricene@lemmy.world
          link
          fedilink
          English
          arrow-up
          28
          ·
          1 year ago

          Investors will absolutely hand over money to front men making bad, even obviously insane, promises, though. People are always more easily manipulated than they like to believe, but people who’ve convinced themselves they’re infallible titans of industry are even more vulnerable to it. (Especially the ones who think that they see through the scam and won’t be left holding the bag.)

        • PeleSpirit@lemmy.world
          link
          fedilink
          English
          arrow-up
          7
          ·
          1 year ago

          I didn’t say it was a conspiracy. I said they gave him money after he was already fucking up by paying around 30 billion more than it was worth, firing all the people that did stuff, and generally being a bad CEO so he would do what they want. More of a typical business deal really.

      • originalucifer@moist.catsweat.com
        link
        fedilink
        arrow-up
        3
        arrow-down
        1
        ·
        1 year ago

        the only not-on-purpose piece was him having to buy it. idiot was forced to buy twitter, and then turned it into a “lets burn down a bastion of liberal speech” amongst his friends. he knows he wont suffer in any conceivable way, the saudis who fronted a huge chunk get what they want.

        this was all setup shortly after he was forced to buy it. every step he has made since is in the playbook of “ruining your business”, including mistakes he has personally made before.

    • notapantsday@feddit.de
      link
      fedilink
      English
      arrow-up
      22
      ·
      1 year ago

      I don’t know. The way it’s going down, it really makes him look like an idiot. He could have just flipped the switch and turned it off as a massive demonstration of power.

      Instead he’s making one mindboggingly stupid decision after another, showing the whole world how utterly incompetent he is.

      The most logical explanation for me is the easiest one: if he’s making stupid and incompetent decisions, maybe he’s just stupid and incompetent.

      • Meowoem@sh.itjust.works
        link
        fedilink
        English
        arrow-up
        10
        arrow-down
        3
        ·
        1 year ago

        You’re saying the guy that has done nothing but look like a total fool for years could actually be a total fool? By the gods, I think you’re onto something!

    • be_excellent_to_each_other@kbin.social
      link
      fedilink
      arrow-up
      10
      ·
      1 year ago

      Because he’s doing everything to make it fail and destroy the platform, isn’t it obvious?

      It is tremendously obvious, I agree. At one point it felt kinda hyperbolic to say, but not for awhile now.

      I’m not knowledgeable enough to be able to speculate what’s in it for him, but it’s 100% obvious that’s what’s being done.

      • Vlyn@lemmy.zip
        link
        fedilink
        English
        arrow-up
        11
        arrow-down
        1
        ·
        1 year ago

        He might call him self pro free speech, but he actually hates it (as long as it’s not his own free speech). Getting rid of Twitter is a massive blow to free speech. One less platform where he and his companies can get outed and criticized on.

        • some_guy@lemmy.sdf.org
          link
          fedilink
          English
          arrow-up
          3
          ·
          1 year ago

          It’s less nefarious than that. He wants to be a championed business leader. He’s just a fuck up who was forced to buy a platform that he never actually intended to buy (except for maybe a couple of days when he first suggested it). Sure, it will help his side when he runs it into the ground, but that’s not his intent despite being the cause.

    • Steeve@lemmy.ca
      link
      fedilink
      English
      arrow-up
      7
      ·
      1 year ago

      Like others have said, bullshit. He’ll drive it into the ground and pretend that was his plan the whole time, like he’s some undercover genius three steps ahead of everyone, when really he’s just constantly playing catch-up with his narcissistic outbursts.

    • BedSharkPal@lemmy.ca
      link
      fedilink
      English
      arrow-up
      7
      arrow-down
      2
      ·
      1 year ago

      I keep thinking there must be some high level plan here to destroy twitter for the good of humanity. I mean it’s that or Elon actually just is that stupid. At this point the latter seems the most likely …

      • o_oli@lemmy.world
        link
        fedilink
        English
        arrow-up
        6
        ·
        1 year ago

        If he was destroying it for the good of humanity he would have to somehow destroy the concept of it rather than a single platform.

        Probably best spending 40 billion on education in the harm social media can do lol.

        I really do think he’s just delusional. I won’t call him an idiot because there is clearly intelligence and talent in his head, but he’s gone off the rails in some capacity whether it’s mental health issues or power crazed or who knows.

          • ChrisLicht@lemm.ee
            link
            fedilink
            English
            arrow-up
            5
            ·
            1 year ago

            You answer jibes with what I have seen plenty of while working with and funding serial entrepreneurs in the Valley: micro-dosing, coke, molly, steroids, random herbal shit, off-label usage of pharmaceuticals, trendy nootropics, blood transfusions, ayahuasca, and Adderall.

          • gnuhaut@lemmy.ml
            link
            fedilink
            English
            arrow-up
            5
            ·
            1 year ago

            No he hasn’t. The management of the old x.com (the one that got bought by paypal) threatened to walk if Elon wasn’t removed from the office. He was always this incompetent.

      • Bleeping Lobster@lemmy.world
        link
        fedilink
        English
        arrow-up
        6
        arrow-down
        1
        ·
        1 year ago

        You’ve got it back to front imo. Twitter was a useful tool for disseminating info, whether for protest movements, political movements, whatevs. Pre-Musk, there was a degree of control on twitter re disinfo, harassment, hatred etc. Now, it’s no longer a useful tool for leftwing people to gather and share their thoughts; it’s no longer a useful tool to disseminate information; it’s no longer a tool for rallying protestors.

        Look at who invested (Saudi kingdom); look at when Musk took it over (mid-terms); it seems pretty obvious to me that the takeover was a very expensive purchase to make the actions of oligarchs & despots that much easier.

      • Kool_Newt@lemm.ee
        link
        fedilink
        English
        arrow-up
        4
        arrow-down
        1
        ·
        1 year ago

        What if Elon was encouraged to buy twitter by people who knew he would fuck it up in short order for them?

        If you want to take down a corporation, there’s two main ways right now. Have Elon take charge, or have Ken Griffin short them into the cellar.

    • phx@lemmy.ca
      link
      fedilink
      English
      arrow-up
      5
      ·
      1 year ago

      That’s like saying “my car may fail after I poured sand into the gas tank and replaced the electrical with speaker wires”

    • squiblet@kbin.social
      link
      fedilink
      arrow-up
      3
      ·
      1 year ago

      That was my original thought when he came on and immediately fired 75% of the staff. It’s not some savvy slimming down or cost-cutting. It was more like a wrecking ball.

      It was fairly clear that his overall desire was the make the platform less useful for liberals and more for conservatives. It seems like he is content to destroy it if he can’t achieve the latter.

  • z00s@lemmy.world
    link
    fedilink
    English
    arrow-up
    111
    arrow-down
    2
    ·
    1 year ago

    Sure it’s his money but does anyone else feel legitimately frustrated at all the good that this money could have done?

    Rich dudes have always had vanity projects, but there is no grand concert hall or library or university to come out of this. Just a ruined company with millions of wasted hours of effort. For nothing.

    • pgx@lemmy.world
      link
      fedilink
      English
      arrow-up
      19
      arrow-down
      8
      ·
      1 year ago

      The nice thing about our economic system is that value is rarely completely destroyed, the money he paid for Twitter didn’t cease to exist, it went to former Twitter shareholders.

      They may be using it in more productive ways than he ever would.

      • Flying Squid@lemmy.world
        link
        fedilink
        English
        arrow-up
        26
        arrow-down
        1
        ·
        1 year ago

        They may be using it in more productive ways than he ever would.

        They use it to reinvest and hoard. Because that’s what the investor class does, which is why they’re useless.

        • Aceticon@lemmy.world
          link
          fedilink
          English
          arrow-up
          11
          ·
          1 year ago

          Just to add a little explanation to those who don’t get it: the man-hours spent by people working for then Twitter now X as well as resources used, uktimatelly for producing no wealth, could’ve instead been spent for something that did produce wealth.

          Same amount of input money either way, but one produces wealth (in the economic sense of the word rather than merelly monetary) and the other just wastes manpower and resources.

          • pgx@lemmy.world
            link
            fedilink
            English
            arrow-up
            1
            ·
            1 year ago

            There has been value generated by Twitter that will outlive it though.

            They established and refined an interface that other ventures like blue sky and mastodon are utilizing, and they delivered open source frameworks like Bootstrap will long outlive Twitter, and have brought value to the broader web development ecosystem.

        • ddh@lemmy.sdf.org
          link
          fedilink
          English
          arrow-up
          4
          arrow-down
          1
          ·
          1 year ago

          Consider whether Twitter was stifling some other growth. If you buy and burn down an advertising billboard, letting light into a market garden–perhaps that is beneficial.

    • Rubanski@lemm.ee
      link
      fedilink
      English
      arrow-up
      11
      ·
      1 year ago

      Definitely prefer the vanity projects of the past. Libraries, city halls etc

      • MajorHavoc@lemmy.world
        link
        fedilink
        English
        arrow-up
        1
        ·
        1 year ago

        Yeah. X makes various things named “Rockafeller” seem downright “not a dumpster fire” in contrast.

    • mPony@kbin.social
      link
      fedilink
      arrow-up
      9
      ·
      1 year ago

      millions of wasted hours of effort. For nothing.

      aah, Social Media in a nutshell.

      • afraid_of_zombies@lemmy.world
        link
        fedilink
        English
        arrow-up
        2
        arrow-down
        1
        ·
        1 year ago

        It doesn’t work that way. Almost all of the money in the world is debt owed to someone else. Very few things are bought with cash. It is really credit on credit on credit on credit. And all of that depends on trust. My company gets product from your company today with the promise to pay in a month, your company does the same…

        When events like the Twitter buyout and burn happen it weakens trust. Which weakens credit. Which means the virtual money is gone.

    • afraid_of_zombies@lemmy.world
      link
      fedilink
      English
      arrow-up
      4
      ·
      1 year ago

      Could have just bought land in Kentucky and sat on it. Made a nature preserve. Give the beavers and deer a place to chill for a century or more. Pretty lazy way to do charity but it still would have been better.

    • Sarcastik@lemmy.world
      link
      fedilink
      English
      arrow-up
      2
      ·
      1 year ago

      Hyperloop, boring tunnels, sending cars to space, etc

      Stop me when you’ve heard enough to believe this guy has obvious disdain for all of us.

  • fubo@lemmy.world
    link
    fedilink
    English
    arrow-up
    102
    ·
    1 year ago

    “Everything was fine with our system until the power grid was shut off by Dickless here.” — Ray Stantz, Twitter engineer

    • Da_Boom@iusearchlinux.fyi
      link
      fedilink
      English
      arrow-up
      20
      ·
      1 year ago

      If there’s anything left to buy aside from tacky merch shirts. I’m sure the creditors will pick it clean and auction off the best bits to the highest bidder.

      • geno@lemmy.world
        link
        fedilink
        English
        arrow-up
        7
        ·
        1 year ago

        …I guess it was indeed a disaster because I can’t remember even hearing that name before.

        https://en.wikipedia.org/wiki/Bebo

        originally operated from 2005 until its bankruptcy in 2013

        It was announced in January 2021 that it would be returning as a new social media site the month after. By May 2022, it had once again been shut down, without having ever left beta testing.

    • MajorHavoc@lemmy.world
      link
      fedilink
      English
      arrow-up
      2
      ·
      1 year ago

      Bingo.

      And since won’t get back all the staff he dismissed; they’re going to have to just slap the Twitter brand on a Mastodon instance.

    • MammyWhammy@lemmy.ml
      link
      fedilink
      English
      arrow-up
      42
      arrow-down
      6
      ·
      1 year ago

      It also wasn’t really successful before he came in either. It rarely was profitable and usually operated at a loss.

      I mean Musk has seemingly made every bad move imaginable, I can only imagine the ideas he’s been talked out of.

      • squiblet@kbin.social
        link
        fedilink
        arrow-up
        37
        ·
        1 year ago

        It was losing money, but not much. They could have made some minor changes to make it profitable. However ~8000 people were making good salaries working for them, and tens of thousands of people and businesses benefited from the platform. Now it’s much smaller, less useful, and still not profitable.

      • TenderfootGungi@lemmy.world
        link
        fedilink
        English
        arrow-up
        19
        ·
        1 year ago

        It was barely profitable but had some one time write offs that pushed it down. It should have returned to barely profitable. But a barely profitable company can become ok profitable with small changes.

      • kaitco@lemmy.world
        link
        fedilink
        English
        arrow-up
        15
        arrow-down
        3
        ·
        1 year ago

        Twitter’s success wasn’t monetary. The success came in allowing ordinary people their soapbox at a global town square.

        Look at what happened to the price of insulin with a single tweet made back when all the blue checks were in complete free-for-all. A single tweet, made by a random person, thoroughly changed the shape of that one industry. Twitter gave “power” to the people, and those like Musk weren’t comfortable with that.

        • Intralexical@lemmy.world
          link
          fedilink
          English
          arrow-up
          9
          arrow-down
          1
          ·
          1 year ago

          Ugh. This “global town square” nonsense needs to die.

          Twitter’s business was selling ads. They don’t give a flying festerooni about fostering a healthy public discourse. Nearly every part of the technical and UX design was actively hostile to “the people” being able to express themselves in a meaningful way— The entire premise was a character limit that while fun also made it literally impossible to provide meaningful context or nuance to anything, and whether you were just scrolling or trying to reply to people, you never got to see anybody else’s honest opinions either but instead you were fed a carefully algorithmically curated drip of out-of-context ragebait and feelgood fuzzies designed only to keep you stimulated enough to keep on scrolling so they could report a higher number to investors in their next quarterly report and sell you to more ads.

          The entire place was always an artificial environment designed to prey on and monetize your attention span; Unless you were replying to somebody you knew, it was never a place for any kind of authentic interaction, much less some kind of grandiose “global town square” that “gave power to the people”.

          Twitter may have given certain individuals the tools at some points to trigger positive change. The insulin example was probably the best-case-possible outcome from Musk’s fumbling of the verification system, but it was an accident. And in the meantime, when Twitter does get used deliberately, it has spawned a terrorist group that has murdered and enslaved thousands of people, turbocharged the decline of the most powerful and wealthiest country in the world towards either autocratization or polarized paralysis, and fueled many, many actual full-blown civil wars. (This is what happens when your revolution isn’t built on solid foundations.) Plus, you know, all the harassment, stalking, rape and death threats, political interference, privacy concerns, mental health effects, and actual bots used by malicious actors (which reputable sources tend to estimate at tens of millions in number).

          Twitter’s a corporation. They never cared about being a “town square”, only about being seen as such by users so they could line their own pockets. And Elon Musk is just an idiot. He’s not some scheming genius (though he clearly tries to be); he’s the same as any rich idiot discovering the hard way that no amount of ego will make up indefinitely for lack of competence.

          It’s just the way they are, no silly conspiracies or battle between good and evil required. Twitter’s amoral, rather than immoral, and Musk is immoral, but it’s in a flailing self-destructive way rather than a conniving Machiavellian way. They’re acting out their nature, and we get caught up in it.

          How many actual terrorist groups were we going to let this corporation create in their pursuit for profit before finally admitting that maybe the entire idea was bad from the start? Currently, the immoral idiot is destroying both his own credibility and also the amoral corporation for us all, and really, this is probably almost the best possible outcome.

          • timtoon@kbin.social
            link
            fedilink
            arrow-up
            2
            arrow-down
            1
            ·
            1 year ago

            Thank you, finally. It was nothing more than the internet’s comments section.

      • originalucifer@moist.catsweat.com
        link
        fedilink
        arrow-up
        2
        arrow-down
        1
        ·
        1 year ago

        i was no fan of twitter, but it was on a path to achieve some financial stability. It had plenty of value as a mechanism to distribute emergency (or other) information quickly. was and had being the operative words here.

        • Very_Bad_Janet@kbin.social
          link
          fedilink
          arrow-up
          1
          ·
          1 year ago

          Yes, I agree. Investors want explosive exponential growth but there is great value in stable, slightly profitable companies that produce social goods. For example,.Twitter was unique in getting emergency information out; in real.time reporting; in sending out traffic and commuting alerts; in directly and quickly communicating issues with private companies.

    • mishimaenjoyer@kbin.social
      link
      fedilink
      arrow-up
      1
      ·
      1 year ago

      twitter was still operating on a hail mary for years, musk just made it more obvious and his erratic handling of operations put a few more nails into the coffin. sadly, the fediverse won’t be the successor we all hoped for,

  • orbitz@lemmy.ca
    link
    fedilink
    English
    arrow-up
    62
    ·
    edit-2
    1 year ago

    So with wildfires in Canada there’s evacuation zones near me, but I can’t click on some announcement links from the main site that shows the evacuation zones because they go to twitter and you need to log in now. I think they show some on other pages on the site but they do the quicklink to the twitter announcement in the sidebar so you have to click around a bit to get to it. Yes I know the name but whatever. My point being is when the social media site that was meant for short bits of info isn’t good for emergency notifications where everyone can read, it’s shitty and potentially harmful.

    • RagingNerdoholic@lemmy.ca
      link
      fedilink
      English
      arrow-up
      29
      ·
      1 year ago

      Governments should either be operating their own systems for this or, hell I don’t know, why not just spin up a their ready-to-go Mastodon instance or something else in the fediverse not subject to the delirious whims of a petulant muskrat born with daddy’s money?

    • PrincessLeiasCat@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      24
      ·
      1 year ago

      I’m sorry - as someone who has done some work with disaster response, this was one of my main concerns. When they threatened to take away NWS access to API without huge fees, I was honestly horrified. Thankfully they reversed that decision, but a lot of what my organization did was scour Twitter for official information and also personal accounts of folks who needed help/the conditions on the ground.

      It is honestly a travesty that a resource such as this can be reduced to literal 💩 when people need it the most. I wish I had an answer, but I don’t. I hope more and more folks/orgs migrate to a suitable alternative(s) sooner rather than later, but the damage has been done. There’s always a percentage who never do, and you can’t fix that.

  • Ubermeisters@lemmy.zip
    link
    fedilink
    English
    arrow-up
    75
    arrow-down
    15
    ·
    1 year ago

    Oopsie we repeatedly keep taking away you most valuable organizational tools

    • The 1%
    • yiliu@informis.land
      link
      fedilink
      English
      arrow-up
      39
      arrow-down
      5
      ·
      1 year ago

      This take is exhausting. It’s like the political version of narcissism: here’s how everything that happens in the world is actually a conspiracy against me!

      If Musk was a plant to sabotage Twitter on the behalf of the 1%, why would he have done it slowly with a series of increasingly bad decisions that caused a mass migration to distributed open-source platforms? Why not just flip the switch and kill it in one go? Or: why not start a program of bots to talk about how awesome Teslas are, and make Trump seem cool, while shadow-censoring criticism of Musk’s friend’s companies or governments?

      You think They are competent and dastardly enough to plan a takeover of Twitter, but then too bumbling to make better use of it than slowly discrediting it with a series of half-baked ideas from a deranged and detestable front man?

      • Jentu@lemmy.film
        link
        fedilink
        English
        arrow-up
        7
        arrow-down
        1
        ·
        1 year ago

        Control is the game for people with money and power whether it is graceful or not. Some of what Elon has done seems like he wants to control the narrative around his jet. Some of what Elon is doing seems like he just wants to keep testing the waters to see how many people still use twitter after crippling the system. Like some sort of “I slap them in the face and they ask to be hit harder- that’s how much power I have over them. People are obsessed with me”.

        I don’t think his goal was to kill twitter. His goal was to remain on everyone’s lips without his jet being mentioned. And if that’s at the cost of organizational tools being destroyed, so be it- in fact, destroying twitter has had more people taking about him than ever.

        • yiliu@informis.land
          link
          fedilink
          English
          arrow-up
          7
          ·
          1 year ago

          Yeah, I think that’s more or less right. Musk has gone off the rails, and is using his fortune as a cudgel in a fit of pique.

          It’s our own fault that our “town square” was so easily taken over by a rich bully, though. I was warning people back in 2007 that depending so heavily on Google, Facebook, Twitter, etc, was a bad idea. People did not want to hear it. It’s hard to picture now, but people used to love those companies, and couldn’t imagine them doing harm. But like…it was inevitable.

          We need to build on things like Lemmy, Mastodon, Diaspora, whatever. If you hand control of the town square to a corporation, they’re gonna control access and charge fees, and they’ll happily sell it to someone who wants to turn it into a mud-wrestling pit. That’s not the fault of the corporations–it’s our fault.

      • Meowoem@sh.itjust.works
        link
        fedilink
        English
        arrow-up
        6
        arrow-down
        2
        ·
        1 year ago

        Not to mention that the 1% already owned it.

        Though if anyone is thinking of spending close to fifty billion to destoy a social network then call me - I’ll do it for a billion, or two.

      • Intralexical@lemmy.world
        link
        fedilink
        English
        arrow-up
        1
        ·
        1 year ago

        Twitter helped create ISIL, and also POTUS45. When actual autocracies see people even trying to organize on Twitter, they simply ban the whole site anyway. And it also played a major role in the Arab Spring, which while originally talking about high ideals like democracy, liberalisation, and human rights, is these days mostly notable for having ruined several countries for a generation.

        In fact, that seems to be the trend: Twitter is very good at making its users feel like they’re organizing and making changes in the world, when in reality all that is being accomplished is/was inflating their own stock price and throwing outrage around with neither factual context nor a long-term plan to turn it into meaningful positive change. People were able to effect social change before Twitter, but they didn’t do it because they saw somebody’s sarky hot take for five seconds right before getting their dopamine hit with the “Like” button and then scrolling past it; they did it because they got sick of the way things were. The public-facing data should be kept around for historians and the rest of the curious, but Twitter was always primarily a predatory ad marketplace that gained relevance by being useful for propaganda, and we’ll all be better off with it gone.

        • Intralexical@lemmy.world
          link
          fedilink
          English
          arrow-up
          1
          ·
          1 year ago

          Twitter helped create ISIL, and also POTUS45. When actual autocracies see people even trying to organize on Twitter, they simply ban the whole site anyway. And it also played a major role in the Arab Spring, which while originally talking about high ideals like democracy, liberalisation, and human rights, is these days mostly notable for having ruined several countries for a generation.

          In fact, that seems to be the trend: Twitter is very good at making its users feel like they’re organizing and making changes in the world, when in reality all that is being accomplished is/was inflating their own stock price and throwing outrage around with neither factual context nor a long-term plan to turn it into meaningful positive change. People were able to effect social change before Twitter, but they didn’t do it because they saw somebody’s sarky hot take for five seconds right before getting their dopamine hit with the “Like” button and then scrolling past it; they did it because they got sick of the way things were. The public-facing data should be kept around for historians and the rest of the curious, but Twitter was always primarily a predatory ad marketplace that gained relevance by being useful for propaganda, and we’ll all be better off with it gone.

    • Intralexical@lemmy.world
      link
      fedilink
      English
      arrow-up
      31
      ·
      edit-2
      1 year ago

      Twitter helped create ISIL, and also POTUS45. When actual autocracies see people even trying to organize on Twitter, they simply ban the whole site anyway. And it also played a major role in the Arab Spring, which while originally talking about high ideals like democracy, liberalisation, and human rights, is these days mostly notable for having ruined several countries for a generation.

      In fact, that seems to be the trend: Twitter is very good at making its users feel like they’re organizing and making changes in the world, when in reality all that is being accomplished is/was inflating their own stock price and throwing outrage around with neither factual context nor a long-term plan to turn it into meaningful positive change. People were able to effect social change before Twitter, but they didn’t do it because they saw somebody’s sarky hot take for five seconds right before getting their dopamine hit with the “Like” button and then scrolling past it; they did it because they got sick of the way things were. The public-facing data should be kept around for historians and the rest of the curious, but Twitter was always primarily a predatory ad marketplace that gained relevance by being useful for propaganda, and we’ll all be better off with it gone.

      EDIT: Musk, surely, did buy Twitter for the power and attention he thought it would give him. But he’s done it as a petulant, self-destructive manchild, not as some scheme to stifle public discussion— Twitter was already stifling public discussion, just because of what it is.

      • Flying Squid@lemmy.world
        link
        fedilink
        English
        arrow-up
        4
        ·
        1 year ago

        Musk, surely, did buy Twitter for the power and attention he thought it would give him.

        DIsagree. He was trying to do one of his many pump-and-dumps and he fucked around and got found out.

    • Murvel@lemm.ee
      link
      fedilink
      English
      arrow-up
      10
      arrow-down
      2
      ·
      1 year ago

      For real!? I cannot think of a worse cancer than twitter/X and the horrific abomination that it is cannot whither away quickly enough.

      What possible benefit has Twitter ever offered mankind?

  • turbonewbe@lemm.ee
    link
    fedilink
    English
    arrow-up
    57
    arrow-down
    1
    ·
    1 year ago

    Took over Twitter. Ruined it. Then : “The sad truth is that there are no great ‘social networks’ right now,”.

    • thecrotch@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      18
      ·
      1 year ago

      Twitter used to be in much better shape financially before musk took over but implying that it was ever “great” is a bit of a stretch

      • notatoad@lemmy.world
        link
        fedilink
        English
        arrow-up
        10
        ·
        1 year ago

        twitter may have been a shithole in general, but it was great compared to what it is now.

        • dragontamer@lemmy.world
          link
          fedilink
          English
          arrow-up
          19
          arrow-down
          1
          ·
          1 year ago

          Yes. Twitter was profitable in 2019. https://www.sec.gov/Archives/edgar/data/1418091/000141809120000037/twtr-20191231.htm

          Ctrl+F for “Net Income”, which will take you to the $1,465,659 (thousands) figure somewhere in its charts. Net Income is the bottom line: after all revenues, costs, etc. etc. of the year were added up.

          Musk took it over with a so called “Leveraged Buyout”, meaning Twitter borrowed $13 Billion to allow Elon Musk to buy it for $44 Billion (meaning Elon Musk only paid $33 Billion, the random +2 Billion to wipeout all the old debt).

          Note that $13 Billion in loans costs somewhere between 10% to 14% right now, depending on how much of the loan was fixed and how much of it was adjustable. At 10%, this means that Twitter took on $1.3 Billion/year in interest payments as Elon Musk bought the company. There’s pretty much no hope for Twitter to ever be profitable again, they’d have to execute as perfectly as 2019 despite losing 80% of their staff (Elon Musk also fired everyone when he took over the company).

          The company was “barely profitable” in 2019, and “just barely losing money” in 2020, 2021. But add on a $1.3+ Billion/year loadstone, and its just… not… going to ever be profitable again.

          • grue@lemmy.world
            link
            fedilink
            English
            arrow-up
            2
            ·
            1 year ago

            As much as I’m happy to see both Twitter and Musk fail, your comment reminds me yet again that leveraged buyouts are fundamentally fucked up and ought to be illegal.

    • drathvedro@lemm.ee
      link
      fedilink
      English
      arrow-up
      4
      arrow-down
      62
      ·
      1 year ago

      How did he ruin it though? I hear that all the time but I myself haven’t noticed any changes. Well, except for a logo but that’s very minor

      • dragontamer@lemmy.world
        link
        fedilink
        English
        arrow-up
        32
        arrow-down
        1
        ·
        1 year ago

        I myself haven’t noticed any changes

        So you haven’t noticed the 80% reduction in staff leading to incredible amounts of Twitter Downtime, the rise in hate-speech due to the firing of the moderators, the loss of mainstream advertisements, and the replacement with ridiculous low-quality advertising because the mainstream advertisers have grown concerned about the hate-speech?

        And you haven’t noticed the increase in downtime as the website continuously crashes? The loss of the blocking feature? The inability to block Elon Musk specifically? (and how he keeps appearing on everyone’s feed even when you try to get rid of it?). The loss of API access?

        Comment quality and overall quality of discussion has declined significantly on Twitter as well, as Twitter has fallen from top10 on the App/Play store to #55 or later, because it turns out that Americans are too stupid to search for “X” rather than “Twitter”.

        • drathvedro@lemm.ee
          link
          fedilink
          English
          arrow-up
          5
          arrow-down
          15
          ·
          1 year ago

          “no, not really” is the answer to all of those, honestly. But I rarely use twitter, hence why I was asking. Just blocked Elon by the way, really curious if what you’re saying about blocking him is true.

          • Wakmrow@lemmy.world
            link
            fedilink
            English
            arrow-up
            7
            ·
            1 year ago

            Cool you barely use twitter and didn’t notice any of the declines detailed above but “no, not really” thanks for the high quality discussion

            • drathvedro@lemm.ee
              link
              fedilink
              English
              arrow-up
              2
              arrow-down
              2
              ·
              1 year ago

              Are we speaking a different language or something? The comment above prefaces all questions "you haven’t noticed " - no I haven’t noticed none of those precisely because I don’t use twitter much. What’s the discrepancy here?

              • Wakmrow@lemmy.world
                link
                fedilink
                English
                arrow-up
                1
                ·
                edit-2
                1 year ago

                You asked how elon ruined the experience, someone explained it to you, you then said you don’t even use the platform and hadn’t noticed any of that. Like. Why did you ask in the first place and why are you dismissing the fairly detailed and accurate answer you got?

                Edit: I’ll leave my response but I think you’re actually just curious from the perspective of someone who doesn’t use twitter a lot. I think I knee jerk reacted as though you were trying to defend musk as his fans are fairly obnoxious. Having reread this whole conversation, I think I’m coming off more aggressive than I should be.

                Anyway, yeah you’re right you probably wouldn’t have noticed the negative changes musk has brought about. As a former daily user of twitter I’m fairly angry at the destruction of the site. I think twitter was an extremely important venue, it gave regular people direct access to interaction with the rich and powerful, it gave access to unfiltered news from on the ground people and it allowed people from remote/poorer parts of the world a way to interact with the west. Losing that in the society we live in is a real bummer.

      • shrugal@lemm.ee
        link
        fedilink
        English
        arrow-up
        27
        ·
        edit-2
        1 year ago

        For a product the logo and brand recognition are not minor. Twitter was so well known and ubiquitous that the word “tweet” was included in dictonaries around the world. He threw that away and replaced it with a generic X, and no one can figure out how to call posts on that platform now.

        But other than that, he has a very particular stance on moderation and free speech. He thinks hateful comments are just fine, as long as they aren’t strictly against the law. But he also doesn’t apply the same standards to himself, removing stuff he doesn’t like even though it would be ok according to his own rules. He also gutted the Twitter/X staff, particularly the tech departements, leading to numerous outages and technical problems. All this has made it an even worse platform for civil public discourse, and it wasn’t all that great before he took over imo.

        • drathvedro@lemm.ee
          link
          fedilink
          English
          arrow-up
          2
          arrow-down
          22
          ·
          1 year ago

          Thanks for the explanation. For me none of that, well, except for content moderation, really matters. I just didn’t understand why people blame Elon when the platform has already been overrun by bots way before he took over. Whenever I look at it, It’s all crypto and political spam. Who cares what logo looks like, or how many people work on it, when there’s no good content to begin with?

          • atrielienz@lemmy.world
            link
            fedilink
            English
            arrow-up
            3
            ·
            edit-2
            1 year ago

            Think about this. Staff soon may not have a place to work if they don’t work from home. Musk hasn’t been paying vendors or rent on Twitter offices for some time now. His failure to pay server costs caused outages and a scramble from what staff remained to move that info off google servers he didn’t want to pay for and onto servers he owns. This kind of thing may not effect all users on a daily basis, but imagine if your landlord just decided not to pay the utilities bill out of your rent. Eventually the city or municipality would shut off the electric or water. You can’t have a domicile that doesn’t have electric and water. The place would be condemned and all renters would be out of their homes. That’s basically a very similar scenario to what’s happening at Twitter.

      • Saneless@sh.itjust.works
        link
        fedilink
        English
        arrow-up
        13
        ·
        1 year ago

        If you don’t notice the changes, you were part of the people he bumped up at all costs that turned it into a terrible service

        • drathvedro@lemm.ee
          link
          fedilink
          English
          arrow-up
          4
          arrow-down
          3
          ·
          edit-2
          1 year ago

          Well, maybe, but then it’s a terrible bid, because I only use twitter to shit on brands. And I’m definitely not buying the check mark.

          EDIT: accidentally removed “not”

          • arglebargle@lemm.ee
            link
            fedilink
            English
            arrow-up
            3
            ·
            1 year ago

            This is the one thing I am going to miss more than anything: Twitter worked for resolving issues with companies. It was the single good thing about it. Now that is going away, companies can ignore you.

            Seriously I have been on the phone, email, on hold, trying to get things resolved. One tweet and suddenly I am important and they want to help. A lot of companies have different support teams to monitor social media and that is where shit gets done.

      • Catma@lemmy.world
        link
        fedilink
        English
        arrow-up
        10
        ·
        1 year ago

        The “blue check” system which was previously used to denote verified users were who they claimed to be suddenly became a complete cash grab for $8 a month, even more for companies to have verified checks or sets of them? Then when not everyone was buying in those users were pushed to the top of replies to users posts. This of course caused tons of people to just get blocked outright because of their checks.

        Additionally i believe he has threatened to remove some companies handles because they stopped using them most notably NPR.

        Now he has floated the idea of removing the blocking feature because reasons? Who knows what he thinks. So the functionality has not changed a ton, for now, the quality of what you get has gone down.

        Oh also he made a specific exception and unbanned some user who posted literal child porn

        • Zithero@lemmy.world
          link
          fedilink
          English
          arrow-up
          5
          ·
          1 year ago

          The most blocked accounts turned out to likely be the Bluechecks, because these guys paid to be in replies, a d their opinions are 90% trash.

          On Twitter I basically always block the new Bluechecks, there’s even a hashtag(that won’t show in the search e.e) called ‘BlockTheBlue’.

        • Saneless@sh.itjust.works
          link
          fedilink
          English
          arrow-up
          2
          ·
          1 year ago

          He likely saw a report that showed he was the most blocked user, so he got sads

          Also, his bluetlicker losers likely see the “you can’t see this because you are blocked” message everywhere they went and they complained

          Now they’ll just be “muted” and not know people shut off their loser ass

      • Vlhacs@reddthat.com
        link
        fedilink
        English
        arrow-up
        4
        ·
        1 year ago

        He had to inject his own persona into the platform by making inflammatory, discriminatory tweets and being a general troll on his platform, and then making unpopular decisions like forcing people to pay for a blue checkmark, increasing API costs, not banning Nazi posters, and of course, the nonsensical rebranding. It drove away people and advertisers who didn’t want to be on the same platform as literal Nazis and bigoted TERF people, and companies who couldn’t afford the ridiculous API pricing.

        Honestly if he had simply not used his own platform as his own bullhorn, he could have enacted some of the more unpopular changes to become profitable.

      • trashgirlfriend@lemmy.world
        link
        fedilink
        English
        arrow-up
        1
        ·
        1 year ago

        I’m sorry but if you didn’t get mad at every reply on any decently large post being filled with NPC- ass boomer tier memes and replies and attempts at self promo, you might be a boomer NPC.

  • ᗪᗩᗰᑎ@lemmy.ml
    link
    fedilink
    English
    arrow-up
    51
    ·
    1 year ago

    X? Can we collectively decide to forever call it “X, formerly known as Twitter” just to piss him off?

  • circuitfarmer@lemmy.sdf.org
    link
    fedilink
    English
    arrow-up
    51
    arrow-down
    1
    ·
    1 year ago

    X may fail. Twitter didn’t fail. Twitter was bought by a twat who decided to shut it down piece by piece.

  • deft@ttrpg.network
    link
    fedilink
    English
    arrow-up
    36
    arrow-down
    4
    ·
    1 year ago

    genuinely convinced he may have intentionally destroyed twitter to make the next presidential campaign operate on a different field.

    sounds crazy but without twitter or reddit, how do “the youth” communicate? tiktok? insta?

    • LostMyRedditLogin@lemmy.world
      link
      fedilink
      English
      arrow-up
      40
      ·
      1 year ago

      There’s no reason to speculate his motives. It’s obvious he didn’t want to buy Twitter when he was forced by courts to buy it. He was being an idiot trying to manipulate the stock price. I know it’s hard to believe a multi-billionaire can be an idiot, but it happened. There’s no 4d chess move. Rich people are fallible as everyone else.

    • Sodis@feddit.de
      link
      fedilink
      English
      arrow-up
      24
      arrow-down
      1
      ·
      1 year ago

      Big parts of the youth did not use twitter. Twitter had at its peak about 500mio active users. Instagram has 2.4 billion, tiktok 1 billion, snapchat 750mio. The relevancy of twitter is highly skewed, because the media used it a lot.

      • Flying Squid@lemmy.world
        link
        fedilink
        English
        arrow-up
        9
        ·
        1 year ago

        It wasn’t worth that much when he bought it. At most, it was worth half that. One of the many reasons why Musk is a fucking moron.

        • ours@lemmy.film
          link
          fedilink
          English
          arrow-up
          5
          ·
          1 year ago

          It doesn’t help making an offer that was too high just so he could make a silly “420” joke.

    • phillaholic@lemm.ee
      link
      fedilink
      English
      arrow-up
      7
      arrow-down
      1
      ·
      1 year ago

      I’d say that’s stupid, but so is every other idea he comes up with for it so who knows.