Twitter had a great thing going on. It was not perfect but I never thought it would get absolutely ruined in such a short amount of time
Just like a year ago it was considered an essential part of modern discourse and society. The media was heavily dependent on Twitter. Now, Twitter has lost a lot of influence.
If Elon had simply kept his stupid mouth shut, he wouldn’t have been forced to buy the company, let alone for such a high price. Once purchased, if he had been less of a maniac and just managed Twitter in a boring way that maintained the status quo, then it would still be better off today than it currently is. Everything Elon has done has made the company less valuable and driven away users.
if he had been less of a maniac and just managed Twitter in a boring way that maintained the status quo, then it would still be better off today
The problem is Twitter has almost never been profitable. Changing nothing would have ensured that trend. Especially in this economy.
No, once purchased, the problems were already insurmountable. The company was bought on company debt, meaning that it was in deep shit on day 1 of him owning it. It wasn’t profitable before that move, and adding a ton of debt didn’t improve the situation.
All moves Musk did are essentially cost-cutting measures (except for the ones where he’s trying to establish it as a social network for Nazis).
Firing 75% of the staff works as cost cutting but is very short-sighted. Acting like an attention-starved “fellow kids!!” edgelord and ruining the Verified program wasn’t cost cutting. And then, his edgelordness led to losing 60-70% of ad revenue, which surely nullified any legitimate cost cutting attempts.
There was a method behind these things, which are the exception I mentioned. He removed the moderation staff, because he wanted to encourage Nazi content on the platform, and moderators are bad for that. The paid verified program meant that only fans of him and Nazis would pay money and thus be verified, so he could legitimately amplify their voice on the platform.
The problem he ran into is that advertisers don’t like their ads next to Nazi propaganda, so now revenue is down.
I really don’t understand why he doesn’t see that Coca-Cola doesn’t want their product next to some guy just posting the N-word over and over.
Twitter was a cesspool, good riddance
Can you describe how it’s been absolutely ruined?
Yeah dude, it’s the brand that’s the problem, you’ve figured it out.
After this, everyone will love it.
Could “Billionaire X’s latest stupid remark” not be considered “technology” news?
Dude needs to stop posting every time he tries a new psychedelic.
Please welcome the new “Truth Social 2.0”!
The content is becoming that, but since it’s Musk, the name will probably be ”8008Z 420”
If not for Elon I wouldn’t have gone to Mastodon and in extension to Lemmy.
So, this is kinda nice. :)
Really wish this was a PSA-type ad campaign, throw in Reddit -> Lemmy and warn the overlords their days and dollars are numbered.
The poes law on Musk tweet screenshots is through the roof. I have absolutely no idea if this is real.
Oh it’s real. It’s part of Musk’s whole stupid “X the everything app” bullshit he has been talking about for years. He is a huge moron. I mean the first sentence in the description of the site for his new company xAI is: “xAI is a new company founded by Elon Musk that sets out to understand the universe” …he is such a fuckin loser.
Imma make a company called yAI and our goal is going to be to solve all the problems everyone has ever had. Don’t ask me how yet because that doesn’t matter but the solutions will involve AI and my genius ability to solve all the problems. All banks give me money now please thank you.
X. sooooo edgey.
Can the band X trademark claim him?
Just for fun.
Also: vAI so you get called on before Elon in alpha(betical) order.
get in line
That would be a great logo for an I.U.D. company
Exactly what I thought
Lol, spend billions to make a brand. Then overhype it, pay inflated price to acquire said brand and now decide to kill the brand. Master genius!
“Quick, our ad revenue is shrinking, what do we do? Restricting people from seeing tweets and defeating the whole purpose of why they’re on the platform didn’t work (yet)!”
“I’ve got it, we get rid of the whole name. From now on companies will say to follow them on X! That won’t lose them any viewership at all!”
“But if they’re going to mention a new name to people anyway, wouldn’t this be the perfect opportunity for them to leave for another platform? All they have to do is say to follow on them Mastodon instead of X”
“Fire them, now.”
8D Bingo!
Honestly it’s better off that he changes the name. It’s not really Twitter anymore.
Allowing Elon Musk to run a company is like electing a kid who thinks the government should give everyone free icecream and make crime ok on Thursdays.
Someone needs to find him a role where he can feel like he’s helping without getting in everyone else’s way.
I mean that role was SpaceX. Give them lots of money and get cool rockets. It was going great, and it was great for his image as it’s not very political. But I guess he got bored.
When you see what a massive moron he is it makes you wonder all of the people behind the scenes at spacex that had to deal with his stupid and make the company succeed despite him.
Every day some engineer would have to answer his questions. “Can we remove brown?” “Pardon me?” “The color, brown, can we remove it?” “I’m sorry I don’t understand, remove it from where? I don’t think our rocket has any b-” “No, I mean from the world. Maybe with our satellites?” “I…don’t think that’s something we’ll be able to-” “How about birds? I don’t like them. They remind me of god.” “We…we’ll look into it.”
I think the people working at SpaceX are probably glad Elon has his mind and hands preoccupied with other stupid shit so he’ll leave them the hell alone.
Can you imagine if he were as convinced that he needed to have his hands in every little piece of that pie?
It would probably be a complete disaster.
Stop giving these dumb fucks attention, good lord
The 52 year old cringe-lord ladies and gentlemen…
They’re saying adieu to the brand alright.
Under screenshots of his tweets it must put also one the source. With him and trump i could never understand if it was a fake edited tweet or a real deranged tweet
“Aww, that’s our billionaire!”
(Laugh track plays as Musk’s mom leans against the door frame and smiles.)