Morally or financially?
Both, right?
Wait, it hasn’t yet!?
It almost certainly will. Dude’s a fuckin’ dipshit.
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yo dat big
This was a hit job and news outlets are trying to pretend it’s an accident.
I don’t care. But it will be good for people who are addicted to it.
While bankruptcy is plausible, in such event debtors would simply change who’s in charge of the platform, per article. It’s wouldn’t be the end for Twitter for sure.
its vast archive of conversations can be used to train chatbots.
Maybe Nazi chatbots?
Someone trained a GPT4 model on 4chan and it supposedly scored pretty high on…truthfulness. YT link.
Top comment on YT:
It’s pretty good, i asked “how to get a gf” and it replied “by taking away the rights of women”. 10/10.
Sounds pretty awful to me.It’s trained on fucking pol ffs. It doesn’t have to actually be good to be better.
Since that literally already happened years ago with Microsoft Tay. The Japanese version Rinna got depression instead.
I mean if you let a chatbot learn from conversations the internet will try to turn it into hitler.
Exactly, only difference is Elon would be proud.
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Would you sell it, then?
Perhaps the current owner of Twitter will be interested.
His interview certainly lent some additional weight to the theories that he’s been trying to run the company into the ground the whole time.
Life without is better. I left over a year ago. No drama, no loss, no issues. Twitter is not family
I never really understood the interest even from day 1 back in 2009 out wherever. I only used it to shame companies when their support teams wouldn’t help and that only lasted a few years.
yeah same. it always seemed really self-absorbed. I never even touched Twitter until 2020, when I was surprised to hear about all this great political discourse going on. I was… disappointed. No good dialog can happen in 140 characters. rarely bothered to post, read, or log on. it’s just this obnoxious self-promoting slam-dunking virtue-signaling dance.
People will cry “but but but the news and emergency information. We absolutely need this”
No, tweets aren’t news and any municipality that used Twitter as an exclusive means of spreading emergency information was run by morons.
It was morally bankrupt shortly after Seth McFarlane left too long under a heat lamp took over. In addition to all his other failings, Elon looks like McFarlane jerky.
I was going to say you’re doing a disservice to McFarlane by making that comment, but he probably would’ve found it funny too. Carry on 😁
Hopefully, yes.
If there is a god/goddess it certainly will.
This is the best summary I could come up with:
The companies paused adverts after an investigation by a US organisation, Media Matters for America, flagged ads appearing next to pro-Nazi posts.
In a fiery interview on Wednesday, Musk also used the “b” word - bankruptcy, in a sign of just how much the ad boycott is damaging the company’s bottom line.
Mark Gay, chief client officer at marketing consultancy at Ebiquity, which works with hundreds of companies, says there is no sign anyone is returning.
When Musk puts chief executives “in his crosshairs” like this they will be even more reticent to be involved with X, says Lou Paskalis, of marketing consultancy AJL Advisory.
Jasmine Enberg, principal analyst at Insider Intelligence, adds: “It doesn’t take a social media expert to understand and to know that publicly and personally attacking advertisers and companies that pay X’s bills is not going to be good for business.”
According to the New York Times, which got hold of the pitch deck Musk was giving to investors last year, X was supposed to bring in $15m from a payments business in 2023, growing to about $1.3bn by 2028.
The original article contains 1,032 words, the summary contains 184 words. Saved 82%. I’m a bot and I’m open source!
It won’t fail because of money. Musk has enough money to fund it out of his petty cash forever.
If it fails, it will fail in the same way the newsnet failed - it becomes full of angry old men screaming about Israel and guns.
Does he have the desire to do that, though? It seems more likely to me that he’d sell it first. All of the attention it’s created seems to be something he desires, though.
“I don’t have any theories that make sense,” Paskalis says. “There is a revenue model in his head that eludes me.”
You don’t need a complex business model for this to make sense. The man has had “fuck you money” his entire life. Things are finally not going his way and he only has one way to respond… by saying “fuck you” to the people he doesn’t like.
Yeah. Most people, especially in the establishment press, don’t know or pretend to not know that this is the first time he’s actually shaping how a company is run rather than pay someone else and then take credit for their work like he’s always done.
Everything went well when he pretended to be Tony Stark inventing and designing every part of his companies while others did it all much better than he ever could.
Now that he’s publicly making actually meaningful (as in they have a big impact, not as in them making sense) decisions, he’s showing the world that he’s just an extremely impulsive malignant narcissist 52 year old manchild who desperately craves to be seen as cool and edgy by young people.
Pretty much. I understand the impulse to think he has to have some secret plan, some rational explanation for his behavior. I used to think the same thing, that there was some way he would actually make money from destroying the company, but no. No, he’s just an impetuous, impulsive idiot who tricked himself into having to buy the company at meme stock prices, and is going to burn the whole thing to the ground purely because he is, in fact, a dumbass.
No shade, and I mean it. But I wonder if you could explain what it was that convinced you that he was smart originally?
That impulse is similar to the impulse I see in conservatives when they claim Trump has to have a plan. “he’s eluded prison time his whole life!” “He managed to become president!” Etc. Like. They insist there’s a method to the madness. That method is that he shouts down anyone who tells him he’s wrong and sells everyone else bravado. That’s it.
It turns out that the most unrealistic part of “The Emperor has no clothes” was the crowd realizing after the child points it out that they’ve all been fooled.
The crowd will chastise the child and throw the child out of society for asking such a stupid question, or for making the emperor look foolish.
Go F Yourself meltdown is probably the final nail in the coffin. It does seem like space nazi knows it’s doomed. Anyone know what happens when bankruptcy happens? Does creditors take over the company? Does he get sued for negligence? Does it get sold to a highest bidder for pennies on the dollar? I’m hoping someone can enlighten us.
The first kind of bankruptcy, Elon & his Saudi bros keep the company, and the banks lose like 50-90% of their loans.
The second kind of bankruptcy, the banks get all the servers and office chairs and sell them to either a new data-mining company or a recycler. This isn’t very likely, because most of the value of Xitter is all the people who keep visiting, regardless of whether Elon knows how to monetize them.
Go F Yourself meltdown is probably the final nail in the coffin.
I’ll believe it once they’re actually bankrupt. So many things have been predicted as “killing” the company in the last year yet somehow they’re still going and millions and millions of morons/addicts are still using it.
It doesn’t matter how many people use the service, what matters is how many advertisers are left vs how much debt twitter has to service.
Those two numbers seem to be heavily on the side of the debt now.
Yeah. About 47% of all internet traffic is bots and that number seems to be growing year over year. Twitter does still need people to serve advertisements too. So the number of people who continue to use the service does matter. But because it’s directly correlated to the amount of advertisers who will continue to support the platform by paying Twitter to run the ads. But I do think you’re correct. The debt is what will cause problems if advertisers keep bailing. Twitter hasn’t been paying any of its bills.