this post was submitted on 21 Sep 2023
500 points (97.3% liked)

Fediverse

20741 readers
2 users here now

A community dedicated to fediverse news and discussion.

Fediverse is a portmanteau of "federation" and "universe".

Getting started on Fediverse;

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] IzzyData@lemmy.ml 12 points 2 years ago (11 children)

I find it really difficult to believe there is any benefit to him buying and killing Twitter for billions of dollars. It would have to be extremely contrived and possibly a really well kept conspiracy.

[–] Mana@lemmygrad.ml 3 points 2 years ago (7 children)

Yeah at first it appears it was a major screw up but the screw ups keep coming so i wonder.

[–] IzzyData@lemmy.ml 5 points 2 years ago* (last edited 2 years ago) (6 children)

Even before Twitter was purchased it was in a really delicate balancing act of profitability. Any misstep that seemed slightly too much had advertisers and users leaving and the opposite meant Twitter couldn't make a profit. Perhaps anyone purchasing Twitter would tip that scale with anything they tried, but Elon here instead of walking back his decisions when they don't work keeps doubling down.

[–] ProtonBadger@kbin.social 3 points 2 years ago

Yeah, it's very typical human to double down when things start to go wrong. It's this kind of stubborn bloody minded mindset and a lot of luck that saved Tesla when it was balancing on a knife's edge and same with SpaceX, he kept pushing his crazy ideas but they worked out in the last second. However, Twitter is a different beast entirely, it's not going to be saved by manufacturing, it's about something Elon Musk does poorly with: people.

load more comments (5 replies)
load more comments (5 replies)
load more comments (8 replies)