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Old 04-25-2022, 03:02 PM   #81
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Its less of a business decision and more of a "for humanity" transaction in his view.

I'm sure he'll find a way to make buckets of money on it, but ultimately, Twitter being reliant on advertisers so much for its valuation and existence meant it became a bit counter to its original vision and what it could be. Which I think anyone can agree regardless of politics.

If there is anyone I 'trust' in the billionaire-sphere to have legit, wholesome intentions, its Elon. Dude could be kicking back doing nothing but travelling and spending money like Bezos, but here he is with his hands in a million jars at once working on big problems.
Not saying you are right or wrong - but why do you think he has had wholesome intentions in anything he's done vs just exploiting market opportunities?
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Old 04-25-2022, 03:03 PM   #82
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I absolutely think it's a power flex as he's hitting the iron while it's hot as richest man in the world today will be replaced by someone else tomorrow and he's making his mark while he can. This purchase ensures that he's not going anywhere for some time even if/when legacy automakers catch up and surpass Tesla.
I'd be shocked if Tesla/SpaceX aren't bigger companies in 10-15 years compared to Twitter.
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Old 04-25-2022, 03:12 PM   #83
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I think people donít understand what unmoderated free speech looks like. It has never actually been a thing.
There have always been laws around issuing threats, inciting violence, and libel. I havenít seen anyone call to strike down those laws. Debates about free speech are about how much further platforms should restrict speech beyond whatís covered by the legal code.
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Old 04-25-2022, 03:14 PM   #84
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I'd be shocked if Tesla/SpaceX aren't bigger companies in 10-15 years compared to Twitter.
They already are. By a long shot. Tesla is worth 1 trillion and space x is over 100 billion.
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Old 04-25-2022, 03:21 PM   #85
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If the owners of social media platforms were serious about elevating public discourse, they would remove the features (likes, shares, etc) that incentivize antagonism and viral outrage. But those features drive engagement, and engagement is the business model.
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If this day gets you riled up, you obviously aren't numb to the disappointment yet to be a real fan.
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Old 04-25-2022, 03:30 PM   #86
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So his wealth can't be liquidated to pay taxes, but it can to buy Twitter?
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Old 04-25-2022, 03:30 PM   #87
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Social media is no different than being hooked on a video game. Unless you're using it to drive traffic to your business, its largely a wasteful outlet that activates dopamine pathways with no tangible rewards of any kind.

I look at my parents browsing Facebook, scrolling to the next cat video, and the next one, and it looks no different than I did as a teenager being wholly consumed by a first person shooter while being taken out of the real life environment around me for hours at a time.

So much time is spent on building accounts and your online following and yet somebody at one of those companies could essentially wipe your entire life in an instant and for some they would lose their entire identity.

SM only serves to keep people busy without actually getting anywhere. A zombifying plague of sorts.
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Old 04-25-2022, 03:42 PM   #88
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I think Elon want Trump in power again for those sweet sweet tax breaks...Trump on twitter will help his chances
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Old 04-25-2022, 03:44 PM   #89
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So his wealth can't be liquidated to pay taxes, but it can to buy Twitter?
Oh he's not liquidating his stock to buy twitter. He's borrowing against Twitter itself and his Tesla stock.
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Old 04-25-2022, 03:45 PM   #90
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Originally Posted by ducay View Post
its less of a business decision and more of a "for humanity" transaction in his view.

I'm sure he'll find a way to make buckets of money on it, but ultimately, twitter being reliant on advertisers so much for its valuation and existence meant it became a bit counter to its original vision and what it could be. Which i think anyone can agree regardless of politics.

If there is anyone i 'trust' in the billionaire-sphere to have legit, wholesome intentions, its elon. Dude could be kicking back doing nothing but travelling and spending money like bezos, but here he is with his hands in a million jars at once working on big problems.
Wholesome...

https://twitter.com/user/status/1517707521343082496
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Old 04-25-2022, 03:46 PM   #91
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Free speech!
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Old 04-25-2022, 04:04 PM   #92
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Quote:
Originally Posted by Ducay View Post
Its less of a business decision and more of a "for humanity" transaction in his view.

I'm sure he'll find a way to make buckets of money on it, but ultimately, Twitter being reliant on advertisers so much for its valuation and existence meant it became a bit counter to its original vision and what it could be. Which I think anyone can agree regardless of politics.

If there is anyone I 'trust' in the billionaire-sphere to have legit, wholesome intentions, its Elon. Dude could be kicking back doing nothing but travelling and spending money like Bezos, but here he is with his hands in a million jars at once working on big problems.
Oh wait you're serious, I read the entire thing waiting for the punchline
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Old 04-25-2022, 04:04 PM   #93
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I think people donít understand what unmoderated free speech looks like. It has never actually been a thing.
Well, what we're talking about here is unmoderated free speech on an internet messaging platform, and it's pretty easy to understand what that looks like. Isn't it just, "post whatever you like, and unless the state forces us to take it off, there it shall remain"?
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Old 04-25-2022, 04:08 PM   #94
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Free speech doesn't mean you can say anything you want with zero consequences

At least that's not how it was intended
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Old 04-25-2022, 04:09 PM   #95
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I believe he's been on the record as free speech on Twitter needs to be defined by the laws in the country it operates in itself. i.e you can say on Twitter what you can legally say in real life and with the same constraints. Seems logical to me and means it isn't 'free speech' as determined by a desk jockey at Twitter, but by law.

I agree in principal but the heck is he going to do with backwards countries will all kinds of regressive laws (Saudi cough cough)
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Old 04-25-2022, 04:25 PM   #96
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I think what I find disgusting about this is that, despite just spending 44 billion, he's STILL the World's Richest Man...still in the lead by around 55 billion.
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Old 04-25-2022, 04:26 PM   #97
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Quote:
Originally Posted by Ducay View Post
I believe he's been on the record as free speech on Twitter needs to be defined by the laws in the country it operates in itself. i.e you can say on Twitter what you can legally say in real life and with the same constraints. Seems logical to me and means it isn't 'free speech' as determined by a desk jockey at Twitter, but by law.

I agree in principal but the heck is he going to do with backwards countries will all kinds of regressive laws (Saudi cough cough)
Better have a sweet algorithm to hide the garbage that will fit under that definition. Go to one of the chan sites and see how it ends up.
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Old 04-25-2022, 04:26 PM   #98
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Well, what we're talking about here is unmoderated free speech on an internet messaging platform, and it's pretty easy to understand what that looks like. Isn't it just, "post whatever you like, and unless the state forces us to take it off, there it shall remain"?
While I think you are quite right, the question is what would the ramifications be? Would twitter be more valuable/make more money? I am doubtful, but I suppose stoking the rage machine might help. Will it be better for humanity? Highly doubtful. In any way move the needle on free speech? This has nothing to do with free speech.
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Old 04-25-2022, 04:30 PM   #99
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I believe he's been on the record as free speech on Twitter needs to be defined by the laws in the country it operates in itself. i.e you can say on Twitter what you can legally say in real life and with the same constraints. Seems logical to me and means it isn't 'free speech' as determined by a desk jockey at Twitter, but by law.

I agree in principal but the heck is he going to do with backwards countries will all kinds of regressive laws (Saudi cough cough)
How does that work in practice? Twitter operates globally, so is it where Twitter is headquartered? Could they "move" to somewhere with lax laws? Or is it where the post came from? VPN, anyone? Or the user lives, since he seems to want to verify everyone's identity? What about dual citizens?
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Old 04-25-2022, 04:31 PM   #100
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Quote:
Originally Posted by Ducay View Post
I believe he's been on the record as free speech on Twitter needs to be defined by the laws in the country it operates in itself. i.e you can say on Twitter what you can legally say in real life and with the same constraints. Seems logical to me and means it isn't 'free speech' as determined by a desk jockey at Twitter, but by law.

I agree in principal but the heck is he going to do with backwards countries will all kinds of regressive laws (Saudi cough cough)
https://twitter.com/user/status/1518677066325053441

Sounds all good in principle but, judging by a lot of reactions, it seems as though people who want to have the freedom to say dumb #### are the ones most excited.
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