• NeutralFlame@lemmy.world
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    3 years ago

    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

    • phoneymouse@lemmy.world
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      3 years ago

      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.

      • HughJanus@lemmy.ml
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        3 years ago

        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.

      • anlumo@feddit.de
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        3 years ago

        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).

        • zeppo@lemmy.world
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          3 years ago

          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.

          • anlumo@feddit.de
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            3 years ago

            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.

            • Flying Squid@lemmy.world
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              3 years ago

              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.

  • 332@lemmy.world
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    3 years ago

    Yeah dude, it’s the brand that’s the problem, you’ve figured it out.

    After this, everyone will love it.

  • okamiueru@lemmy.world
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    3 years ago

    Could “Billionaire X’s latest stupid remark” not be considered “technology” news?

    • cheese_greater@lemmy.world
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      3 years ago

      Really wish this was a PSA-type ad campaign, throw in Reddit -> Lemmy and warn the overlords their days and dollars are numbered.

    • FrankFrankson@lemmy.world
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      3 years ago

      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.

  • MeanEYE@lemmy.worlddeleted by creator
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    3 years ago

    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!

    • assassin_aragorn@lemmy.world
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      3 years ago

      “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.”

  • squoop@lemmy.world
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    3 years ago

    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.

    • PowerSeries@lemmy.ca
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      3 years ago

      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.

      • madcaesar@lemmy.world
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        3 years ago

        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.

        • justsomeguy@lemmy.world
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          3 years ago

          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.”

      • scottywh@lemmy.world
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        3 years ago

        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.

  • HeavenAndHell@lemmy.worlddeleted by creator
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    3 years ago

    And he wants to replace it with “X”

    You know the actual thing he was in “charge” of back in the paypal days? How creative.

    The platform Twitter wasn’t perfect, but the brand is pretty recognizable and it made sense.

  • Wispy2891@lemmy.world
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    3 years ago

    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