Elon Musk needs his own thread because he's in every damn thing

Discussion in 'Politics & Current Events' started by superdave, Feb 10, 2023.

  1. Yoshou

    Yoshou Fan of the CCL Champ

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    It’s actually worse for Musk to have people using Twitter than to have them abandon the site. Twitter was already losing money before Musk bought them And its worse now with activity on the site remaining high and advertisers abandoning the site..
     
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  2. Bootsy Collins

    Bootsy Collins Player of the Year

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    That sounds like a massive rationalization to me. From what advertisers he does still have, he is able to ask higher rates if he has more eyeballs.
     
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  3. Yoshou

    Yoshou Fan of the CCL Champ

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    The Trump appointee that was assigned Musk’s defamation lawsuit against Media Matters has recused themselves. The Judge’s replacement is a George W Bush appointee.



    In their pre-Judge life, the Trump appointee was involved in several social media lawsuits..
     
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  4. Yoshou

    Yoshou Fan of the CCL Champ

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    Except your statement is demonstrably false. If it were a matter of just raising rates Musk and the board before him would have raised rates to make Teitter profitable. There also isn’t a rate increase high enough to replace the reportedly 55% loss in ad revenue since Musk took over and that was before Musk started embracing anti-Semitism and lost Twitters biggest advertisers.

    https://www.reuters.com/technology/...ed-each-month-since-takeover-data-2023-10-04/
     
  5. Bootsy Collins

    Bootsy Collins Player of the Year

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    That explains why he's shut it down, then.

    Elon Musk certainly thinks he does better if you continue to use his site.
     
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  6. The Jitty Slitter

    The Jitty Slitter Moderator
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    I mean the discussion should at least be based on how online ad buys actually work.

    It's true Twitter long suffered from the fact that it is way too small compared to Google and Facebook which have cornered the online ad market. But that is not just because they hold so much of the universe of consumers in walled gardens. It's also because their online ads are much more effective than twitter.

    Twitter had a niche, valuable audience, and had a 5bn business around that but it's adtech sucks, and now even worse going into an election cycle, twitter has old tech combined with all the non-tech problems like nazis which can't be fixed because Musk fired all the people who did that stuff
     
  7. The Jitty Slitter

    The Jitty Slitter Moderator
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    If anyone is interested in this stuff, it is worth looking in to the move from social media and social media news to the creator economy

    short version what really kills Musk is when creators like Hildago leave, and migrate their audience with them

    As an example, podcasters like Pod Save America and Odd Lots have been moving their audiences to discourse - where they basically own it. Many others are focussed on email.

    It will take a long time but Twitter will be irrelevant long before then
     
  8. The Jitty Slitter

    The Jitty Slitter Moderator
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    lol. poor elmo
     
  9. spejic

    spejic Cautionary example

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    That's a future hypothetical that may not come to pass. Currently every user uses up more Twitter server and employee time than they pay for in ads, unless they click on something.

    In any case, I use Nitter. I get the information, put a (slight) strain on Twitter servers, and Twitter gets zero ad money from it. Best of all worlds.
     
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  10. rslfanboy

    rslfanboy Member+

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    I clicked on one of your nitter links, and my browser refused to open it over security concerns. :D
     
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  11. The Jitty Slitter

    The Jitty Slitter Moderator
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    IMO Taylor Lorenz is a journalist who has approached Musk's fascism in a nuanced and sensible way. She, more than just about any liberal has been targeted by the fascists including both Musk and Carlson (in his Fox days) for daring to be a liberal woman on the internet. (1000s of rape and death threats)

    Musk could not be happier if he drove her off twitter. Instead she migrated / diversified.

    key point - why should she sacrifice her own advantages that come through dedicated a loyal audience on twitter - even heavily suppressed

    rather she worked to derisk and will slowly pivot

    There is plenty of high end thought and analysis on this topic, for those who want to look into it

    But short version, it's the creators that matter, and they are migrating, But also there is still stuff like trying to win an election in '24 which is why the likes of Pod Save America had not yet abandoned the platform,

    https://twitter.com/TaylorLorenz
     
  12. The Jitty Slitter

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    Your own personal use of Musks servers is irrelevant IMO. It's a moral question for individuals
     
  13. Q*bert Jones III

    Q*bert Jones III The People's Poet

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    If I keep buying more cigarettes, then Philip Morris will lose money because they have to buy tobacco.
     
  14. The Jitty Slitter

    The Jitty Slitter Moderator
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    #1139 The Jitty Slitter, Nov 29, 2023
    Last edited: Nov 29, 2023
    You know who helps Musk?

    People who buy Teslas.

    It's the source of most of his wealth
     
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  15. The Jitty Slitter

    The Jitty Slitter Moderator
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    Personally I don't think Twitter finances is the game in town anymore. The business is already holed below the waterline. I worry much more about how he is going to use it to support the fascist takeover of the US in '24
     
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  16. charlie15

    charlie15 Member+

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    I am not buying a Tesla that is a given. Having said that the more people, particularly preeminent figures, leave this sewer of a platform, the faster it will go down and become irrelevant. Staying on it is in some ways cautioning his owner.
     
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  17. superdave

    superdave Member+

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    So people should stop buying Tweets. Got it.
     
  18. The Jitty Slitter

    The Jitty Slitter Moderator
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    The transition is happening IMO. I don't know about you but I've moved almost all my use to a combo of podcasts, news letter subs and bluesky - especially because the content creators i follow have migrated
     
  19. charlie15

    charlie15 Member+

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    I deleted my account more than 9 months ago. No regrets. I actually enjoy being on Threads.
     
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  20. The Jitty Slitter

    The Jitty Slitter Moderator
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    not available here
     
  21. charlie15

    charlie15 Member+

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    Oh..that is true. Zuck needs to align with EU regulations and make Threads available in Europe.
     
  22. Q*bert Jones III

    Q*bert Jones III The People's Poet

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    Yes, people should stop endorsing and abetting the evil thing that's killing us.
     
  23. The Jitty Slitter

    The Jitty Slitter Moderator
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    but like if we are being serious - that thing is Tesla

    Twitter is already financially banjaxed. But he can prop it up indefinitely thanks to his vast wealth courtesy of the Tesla stock price.
     
  24. Paul Berry

    Paul Berry Member+

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    I don't.

    I'm waiting for the news agencies to stop using it. The problem is that there's not much of an alternative.
     
  25. Paul Berry

    Paul Berry Member+

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    Most of his wealth comes from people who buy shares in Tesla.
     

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