Looks like fellow btc bro Dorsey got Elon's back Interesting interview w/ Elon. No hearsay, just his words (watch it in 1.5-2x) Good point: Democratize the algo by posting it on github. Murky Point: Twitter being bound by laws the country's operated in. How far can it go when countries are more powerful than individuals? He knows he's gonna goof in the process.
Some thoughts from some analysts today on what Elon might do with Twitter: Twitter goes private and operates basically how it does now. Logic and algorithms are made public, less people banned but code of conduct is enforced. Twitter goes private. Elon makes it Non-Profit and then works with the US government to regulate it like other journalistic endeavors. These new laws then apply to other social media platforms, bringing a change in how news is disseminated across social media platforms. Elon basically keeps it how it is, but actually works to bring user engagement back up and monetize it in better ways. Twitter is a private company becomes the profitable company that everybody thinks it can be and Elon gets even richer. Twitter continues its slow slide into irrelevance. Elon tries multiple business models to keep it afloat. Eventually pivots into a pure news wire that only select outlets can utilize and is sold for pennies on the dollar in 7 years.
Aside from his vision of free speech agenda, this is a good move for him to get the shield of CDA 230 protections. I, Musk, didn't ban you. Twitter did. Twitter has Free Press and CDA 230 protections. Can't sue Twitter. I didn't call you an insane fat pig pedo, someone on Twitter did and the company just amplified that Tweet to everyone. Can't sue us. Free Press and CDA 230 protections. Smart man.
I use twitter daily but it obviously has its issues and I doubt Musk's acquisition does much to change the day-to-day user experience. I do think it's interesting to see people pick sides. Are corporations now considered liberal or even leftist because they answer to shareholders? Oligarchs meanwhile are friends of freedom and democracy because they don't suffer those same limitations?
This is going to be a very interesting experiment in the corrective/healing ability of the free market. I doubt Elon bought twitter to make money with it. But perhaps he can make the governance and user experience a lot better.
Why does Bezos own the Washington Post? Oligarchs love to control media especially how they are reflected in it... Elon's just another rick prick that wants to the world to believe he's smarter than he is and that he is more pure of heart than others when he's not.
I like Musk's proposal to make the algorithims public although there's probably no way to verify the accuracy of something like that. I also don't know why people think it's a good thing that he's claiming to want to verify every user. Won't that make it easier to get doxxed? I don't post a lot of inflammatory stuff on twitter but I like the privacy of having nothing linked from my twitter account to me personally. Twitter has its faults but its lightyears better than other social media platforms like Facebook.
Buying twitter to control what random plebs say about you personally is a uhhh... Strange move. I think he's just rich af and wants to smoke em while he's got em. More power to him. Twitter is a **** show and so it's hard to imagine him making it worse.
