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Northern Ireland24877 Posts
On January 13 2025 07:48 Simberto wrote:Show nested quote +On January 13 2025 02:57 KwarK wrote:On January 12 2025 20:38 DarkPlasmaBall wrote:On January 12 2025 17:21 Uldridge wrote:On January 12 2025 07:07 DarkPlasmaBall wrote:On January 12 2025 06:00 oBlade wrote:
Seems like rumors of him wasting all his time goofing off obsessing with playing video games while ignoring his multiple world class companies have been exaggerated after all. Good news for the employees and investors, not as good news for his detractors. Him not wasting all his time playing video games (or being a paternal role model lol) doesn't mean he's productively spending all his time with his companies. For example, obviously he wastes some of his time running Twitter into the ground. How do you reckon Twitter is being ran into the ground? It's just like a sports team being bought by billionaires, it's just for fun. But in this case it's more malicious because he gets to spend a narrative. He gave shelter to all comvervatives. That's not running it into the ground at all, that's solidifying himself. Plummeting Value: Elon Musk bought Twitter in October 2022. "In 2022, Brand Finance valued Twitter at $5.7 billion. By 2023, this dropped to nearly $3.9 billion, and by 2024, the brand’s value had fallen to $673.3 million." https://www.visualcapitalist.com/visualizing-the-decline-in-brand-value-of-x-formerly-twitter/ Not to mention the fact that Elon Musk spent $44B to buy Twitter instead of $5.7B - vastly overpaying for it. Plummeting Daily Use: Even with the reopening of banned accounts and increase in fake accounts to inflate Musk's numbers, Twitter isn't seeing as much regular action from as many people/accounts anymore. "Use of Twitter in the US has slumped by more than a fifth since Elon Musk bought the site and rebranded it to X, according to data from app-monitoring company Sensor Tower. As of February 2024, the social network’s daily app users in America had fallen by 23% since November 2022, just after Musk completed his takeover. Every other major social network experienced a reduction in the same period, but none by anywhere near X’s drop in user numbers. The closest was TikTok, which fell by just short of 10%, while Facebook, Instagram and Snapchat all had user slumps of less than 5%, according to the data, first reported by NBC News. Globally, X fared slightly better, dropping 15% of its users to hit 174 million daily active app users, according to Sensor Tower’s data." https://www.theguardian.com/technology/2024/mar/26/twitter-usage-in-us-fallen-by-a-fifth-since-elon-musks-takeover Also, Twitter's numbers have been dropping so precipitously that "Musk has shifted away from both the daily and monthly active user numbers in favor of "unregretted user minutes," a metric seemingly made-up by Musk." https://mashable.com/article/twitter-x-daily-active-users-drop-under-elon-musk So, while I agree with you that conservatives are taking shelter on Twitter, that's not what it means to run a successful company. Instead, what he's doing is leading the deterioration of a company that used to be far more successful. Also it's no longer Twitter. They were the name and now they don't even have that. I think it is important to have a different perspective here. Yes, Twitter is worth less and less good than it was before Musk. But was it doing what Musk wants better? I don't think so. You don't buy a platform like that to make money. You buy it to influence people. And while probably not directly attributable to this single cause, the rise in the far right which Musk favors speaks towards the success of that attempt. I think it is false to judge the Twitter acquisition like a normal business acquisition. Musk has money to waste. He doesn't need money to make more money. He has so much money that he can buy any item he would like to buy, immediately. Musk could come up to your house and pay you enough money to fuck your arse, and you would take it. I am pretty sure anyone would. With that amount of money, the only thing that is still relevant to buy is influence. Get nations to do what you want. And that is what this Twitter thing is. It is not about money, it is about moving politics (which can also make you even more money, if that is really what you care about!) I think this is pretty scary, too. A billionaire can just decide on a whim to buy a platform which is pretty important to how discourse works, and do whatever he wants with it.
Musk is getting nowhere near my arse for the record!
I think you’re bang on the money here otherwise though, but folks can’t have it both ways.
People will shift argument to whatever suits to continue to believe the sun shines out of Elon Musk’s arse. Look how much money he’s worth one minute, well how much money he’s pissed away doesn’t matter another. Granted this is more his strange fan base than more regular folks
There’s also a consistently stubborn reluctance to address that people change, or society changes etc.
I’m not so myopic on the topic that I don’t consider Musk to lack some talent and drive in certain domains, however are we even talking about the same landscape, or indeed the same Musk?
For me both his behaviour and how he slots into the wider ecosystem are considerably, considerably different than they were when he was building up that fortune, so opinions on both epochs will naturally potentially be different.
As an aside I think he may be a more dangerous public figure than even a Trump. For one he has the fuck you moolah to basically do what he wants, but in addition he seems to have pretty consistent values to go with the Messiah complex. Trump is an amorphous amoral blob of a man and sort of shifts with the winds, Musk has some core beliefs and in some domains can just go ‘fuck you, I’m right’ and batter on.
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On January 11 2025 10:17 KwarK wrote:Show nested quote +On January 11 2025 09:32 raynpelikoneet wrote:
Is it so that this Jess Philips was covering for some child abuse or (i have genuinely no idea who is Jess Philips)?
You don't need to persuade me for this, i have come to light. :D
In other news i have been thinking now that Trump's second term is coming closer ans closer, Musk has been more aggressive with his.... idk whatever he wants...
Sure he and Trump can't "change the world", and we don't know it it's just talk or whatever, but yeah i also find it disturbing.
EDIT: I say i was pro Trump (not really pro Trump but against Biden, Biden and Harris more than "yeah Trump") on my part, not that i can decide anything on it. I thought Trump could do good things (economically) for USA 2016-2020, and i think he did. Now it looks like ?????? Has he gone even more bonkers than before?? You might think he did but objectively Trump did not help the economy. He cut taxes and increased spending for the largest increase in debt of any president since WW2. This was after promising to not only run a balanced budget but also to actually repay the entire government debt in a single term. Instead he did more than any president before to increase it. You can make any economy look good if you flood it with government stimulus funded by debt but it’s a mirage.
agreed
]He pressured the Fed into reckless quantitive easing that every economist at the time said would surely overheat the economy and cause high inflation. There’s only so much demand stimulus an economy can take and in 2019 there was no reason for stimulus. Trump conflated stock market valuations with the wider economic health and by reducing the purchasing power of a dollar he could make the same company appear to be worth more dollars. Line goes up but no value was created. You’ll note that the inflation that everyone said Trump was causing happened (but somehow led to voters demanding more Trump because they don’t like inflation).
He started a series of bizarre trade wars over the incorrect idea that a balance of trade deficit was a check that the government wrote and mailed to China annually. He wanted to not pay it. His strategy was questionable such as attempting to leverage soybean sales after the farmers had already planted the crops. When China ended up not buying the soybeans the farmers needed to be bailed out by the government for billions. The whole idea of the trade wars was based on the debunked economic theory of mercantilism, not that Trump knows what that is.
idk, maybe
My recollection of the analysis on jobs brought back to the US due to Trump vs taxpayer bailouts and subsidies spent bringing them back ended up being millions per job. These were touted as wins because Republicans don’t care about government deficits.
Job losses continued unabated in declining industries that Trump promised to save like coal.
People had to start baking their own bread.
The nation ran out of toilet paper.
Okay, is this how Americans feel like? I guess if yes, than that's how it is and i have no say on it.
Trump resorted to just mailing people checks from the government, though he did hold them up because the first batch didn’t have his signature on them and he wanted the voters to see his signature and think the money was coming from him.
i have no idea about this, or even if it can be done by anyone. If this is real it is shitty as fuck.
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On January 12 2025 17:21 Uldridge wrote:Show nested quote +On January 12 2025 07:07 DarkPlasmaBall wrote:On January 12 2025 06:00 oBlade wrote:
Seems like rumors of him wasting all his time goofing off obsessing with playing video games while ignoring his multiple world class companies have been exaggerated after all. Good news for the employees and investors, not as good news for his detractors. Him not wasting all his time playing video games (or being a paternal role model lol) doesn't mean he's productively spending all his time with his companies. For example, obviously he wastes some of his time running Twitter into the ground. How do you reckon Twitter is being ran into the ground? It's just like a sports team being bought by billionaires, it's just for fun. But in this case it's more malicious because he gets to spend a narrative. He gave shelter to all comvervatives. That's not running it into the ground at all, that's solidifying himself.
How is twitter been "ran to the ground"?
Just because a million of users left for whatever bluesky, it doesnt mean twitter has "ran to ground".
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United States42468 Posts
On January 13 2025 10:19 raynpelikoneet wrote:Show nested quote +On January 11 2025 10:17 KwarK wrote:On January 11 2025 09:32 raynpelikoneet wrote:
Is it so that this Jess Philips was covering for some child abuse or (i have genuinely no idea who is Jess Philips)?
You don't need to persuade me for this, i have come to light. :D
In other news i have been thinking now that Trump's second term is coming closer ans closer, Musk has been more aggressive with his.... idk whatever he wants...
Sure he and Trump can't "change the world", and we don't know it it's just talk or whatever, but yeah i also find it disturbing.
EDIT: I say i was pro Trump (not really pro Trump but against Biden, Biden and Harris more than "yeah Trump") on my part, not that i can decide anything on it. I thought Trump could do good things (economically) for USA 2016-2020, and i think he did. Now it looks like ?????? Has he gone even more bonkers than before?? You might think he did but objectively Trump did not help the economy. He cut taxes and increased spending for the largest increase in debt of any president since WW2. This was after promising to not only run a balanced budget but also to actually repay the entire government debt in a single term. Instead he did more than any president before to increase it. You can make any economy look good if you flood it with government stimulus funded by debt but it’s a mirage. agreed Show nested quote +]He pressured the Fed into reckless quantitive easing that every economist at the time said would surely overheat the economy and cause high inflation. There’s only so much demand stimulus an economy can take and in 2019 there was no reason for stimulus. Trump conflated stock market valuations with the wider economic health and by reducing the purchasing power of a dollar he could make the same company appear to be worth more dollars. Line goes up but no value was created. You’ll note that the inflation that everyone said Trump was causing happened (but somehow led to voters demanding more Trump because they don’t like inflation).
He started a series of bizarre trade wars over the incorrect idea that a balance of trade deficit was a check that the government wrote and mailed to China annually. He wanted to not pay it. His strategy was questionable such as attempting to leverage soybean sales after the farmers had already planted the crops. When China ended up not buying the soybeans the farmers needed to be bailed out by the government for billions. The whole idea of the trade wars was based on the debunked economic theory of mercantilism, not that Trump knows what that is. idk, maybe Show nested quote +My recollection of the analysis on jobs brought back to the US due to Trump vs taxpayer bailouts and subsidies spent bringing them back ended up being millions per job. These were touted as wins because Republicans don’t care about government deficits.
Job losses continued unabated in declining industries that Trump promised to save like coal.
People had to start baking their own bread.
The nation ran out of toilet paper. Okay, is this how Americans feel like? I guess if yes, than that's how it is and i have no say on it. Show nested quote +Trump resorted to just mailing people checks from the government, though he did hold them up because the first batch didn’t have his signature on them and he wanted the voters to see his signature and think the money was coming from him. i have no idea about this, or even if it can be done by anyone. If this is real it is shitty as fuck.
https://www.washingtonpost.com/politics/coming-to-your-1200-relief-check-donald-j-trumps-name/2020/04/14/071016c2-7e82-11ea-8013-1b6da0e4a2b7_story.html
People don’t want to think about just how far Trump is from any reasonable political or social norm because it doesn’t seem like it could be real. But he really is that bad. Putting your signature on a tax refund (the stimulus payments were a temporary tax credit) is extremely classless. It’s their fucking money.
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i cant access the article i am sorry, i would have to pay or sign up and that's a no go for me.
But i believe you here. I am just basically asking questions since i want answers, and i want to make up my own mind.
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Northern Ireland24877 Posts
On January 13 2025 10:23 raynpelikoneet wrote:Show nested quote +On January 12 2025 17:21 Uldridge wrote:On January 12 2025 07:07 DarkPlasmaBall wrote:On January 12 2025 06:00 oBlade wrote:
Seems like rumors of him wasting all his time goofing off obsessing with playing video games while ignoring his multiple world class companies have been exaggerated after all. Good news for the employees and investors, not as good news for his detractors. Him not wasting all his time playing video games (or being a paternal role model lol) doesn't mean he's productively spending all his time with his companies. For example, obviously he wastes some of his time running Twitter into the ground. How do you reckon Twitter is being ran into the ground? It's just like a sports team being bought by billionaires, it's just for fun. But in this case it's more malicious because he gets to spend a narrative. He gave shelter to all comvervatives. That's not running it into the ground at all, that's solidifying himself. How is twitter been "ran to the ground"? Just because a million of users left for whatever bluesky, it doesnt mean twitter has "ran to ground".
If you spend 44 billion on an asset and you drop customers and revenue what else is it? With few signs of those trends reversing either, it doesn’t appear to be a short term pain, long term gain kind of thing on a business angle.
Alternatively one may consider it a loss-leading success if its current incarnation better reflects their personal values, not everything has to turn a profit in this world after all. They aren’t mine, but hey have at it.
But people seem to want to just deny it’s the latter here.
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We're all getting very distracted here, all those other conversations have already been had. I even changed my tune a little after having them.
What matters is that it is extremely, extremely cringe to loudly pretend to be one of the best players at PoE2 and then get on stream and do what Musk did. And if you can't at least admit that, you're caping way too hard for the guy.
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On January 13 2025 11:25 Turbovolver wrote:
We're all getting very distracted here, all those other conversations have already been had. I even changed my tune a little after having them.
What matters is that it is extremely, extremely cringe to loudly pretend to be one of the best players at PoE2 and then get on stream and do what Musk did. And if you can't at least admit that, you're caping way too hard for the guy.
It‘s an attempt at looking like your average guy playing video games while pushing ideologies at home and abroad that very much don‘t serve the average guy.
People working normal jobs already struggle nowadays, putting the threat of waking up in a dictatorship run by US oligarchs into the room is not exactly pro-humanity.
It doesn‘t even make sense that he tolerates drugs to some extent and supports European right wing parties. Dude has too much money to be ignored. It‘s a threat to democracy in our countries.
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On January 13 2025 11:46 Vivax wrote:
It‘s an attempt at looking like your average guy playing video games while pushing ideologies at home and abroad that very much don‘t serve the average guy.
People working normal jobs already struggle nowadays, putting the threat of waking up in a dictatorship run by US oligarchs into the room is not exactly pro-humanity.
It doesn‘t even make sense that he tolerates drugs to some extent and supports European right wing parties. Dude has too much money to be ignored. It‘s a threat to democracy in our countries.
Eh, I'm not really advocating he be ignored. I don't tend to strongly advocate much when it comes to the political morass.
I just think if anything will convince his fans, "god damn this guy is cringe, fake gamer confirmed" is going to do it better then "look he did new right-wing bad thing".
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On January 13 2025 08:46 WombaT wrote:Show nested quote +On January 13 2025 07:48 Simberto wrote:On January 13 2025 02:57 KwarK wrote:On January 12 2025 20:38 DarkPlasmaBall wrote:On January 12 2025 17:21 Uldridge wrote:On January 12 2025 07:07 DarkPlasmaBall wrote:On January 12 2025 06:00 oBlade wrote:
Seems like rumors of him wasting all his time goofing off obsessing with playing video games while ignoring his multiple world class companies have been exaggerated after all. Good news for the employees and investors, not as good news for his detractors. Him not wasting all his time playing video games (or being a paternal role model lol) doesn't mean he's productively spending all his time with his companies. For example, obviously he wastes some of his time running Twitter into the ground. How do you reckon Twitter is being ran into the ground? It's just like a sports team being bought by billionaires, it's just for fun. But in this case it's more malicious because he gets to spend a narrative. He gave shelter to all comvervatives. That's not running it into the ground at all, that's solidifying himself. Plummeting Value: Elon Musk bought Twitter in October 2022. "In 2022, Brand Finance valued Twitter at $5.7 billion. By 2023, this dropped to nearly $3.9 billion, and by 2024, the brand’s value had fallen to $673.3 million." https://www.visualcapitalist.com/visualizing-the-decline-in-brand-value-of-x-formerly-twitter/ Not to mention the fact that Elon Musk spent $44B to buy Twitter instead of $5.7B - vastly overpaying for it. Plummeting Daily Use: Even with the reopening of banned accounts and increase in fake accounts to inflate Musk's numbers, Twitter isn't seeing as much regular action from as many people/accounts anymore. "Use of Twitter in the US has slumped by more than a fifth since Elon Musk bought the site and rebranded it to X, according to data from app-monitoring company Sensor Tower. As of February 2024, the social network’s daily app users in America had fallen by 23% since November 2022, just after Musk completed his takeover. Every other major social network experienced a reduction in the same period, but none by anywhere near X’s drop in user numbers. The closest was TikTok, which fell by just short of 10%, while Facebook, Instagram and Snapchat all had user slumps of less than 5%, according to the data, first reported by NBC News. Globally, X fared slightly better, dropping 15% of its users to hit 174 million daily active app users, according to Sensor Tower’s data." https://www.theguardian.com/technology/2024/mar/26/twitter-usage-in-us-fallen-by-a-fifth-since-elon-musks-takeover Also, Twitter's numbers have been dropping so precipitously that "Musk has shifted away from both the daily and monthly active user numbers in favor of "unregretted user minutes," a metric seemingly made-up by Musk." https://mashable.com/article/twitter-x-daily-active-users-drop-under-elon-musk So, while I agree with you that conservatives are taking shelter on Twitter, that's not what it means to run a successful company. Instead, what he's doing is leading the deterioration of a company that used to be far more successful. Also it's no longer Twitter. They were the name and now they don't even have that. I think it is important to have a different perspective here. Yes, Twitter is worth less and less good than it was before Musk. But was it doing what Musk wants better? I don't think so. You don't buy a platform like that to make money. You buy it to influence people. And while probably not directly attributable to this single cause, the rise in the far right which Musk favors speaks towards the success of that attempt. I think it is false to judge the Twitter acquisition like a normal business acquisition. Musk has money to waste. He doesn't need money to make more money. He has so much money that he can buy any item he would like to buy, immediately. Musk could come up to your house and pay you enough money to fuck your arse, and you would take it. I am pretty sure anyone would. With that amount of money, the only thing that is still relevant to buy is influence. Get nations to do what you want. And that is what this Twitter thing is. It is not about money, it is about moving politics (which can also make you even more money, if that is really what you care about!) I think this is pretty scary, too. A billionaire can just decide on a whim to buy a platform which is pretty important to how discourse works, and do whatever he wants with it. Musk is getting nowhere near my arse for the record!
Do you really think you would be capable of saying no if he offered you half a billion? That is "Have an awesome life for the next few generations of your family" kind of money. For half an hour of inconvenience.
That is what i wanted to stress with that. It is just absurd how much money our superrich have.
Other than that, i agree with you. I am still not certain if Musk just sometimes successfully does scary stuff just by sheer random chance, or if there is some plan involved. But one needs to be careful not to always assume someone is an idiot, and then try to find reasons that prove that.
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On January 13 2025 19:35 Simberto wrote:Show nested quote +On January 13 2025 08:46 WombaT wrote:On January 13 2025 07:48 Simberto wrote:On January 13 2025 02:57 KwarK wrote:On January 12 2025 20:38 DarkPlasmaBall wrote:On January 12 2025 17:21 Uldridge wrote:On January 12 2025 07:07 DarkPlasmaBall wrote:On January 12 2025 06:00 oBlade wrote:
Seems like rumors of him wasting all his time goofing off obsessing with playing video games while ignoring his multiple world class companies have been exaggerated after all. Good news for the employees and investors, not as good news for his detractors. Him not wasting all his time playing video games (or being a paternal role model lol) doesn't mean he's productively spending all his time with his companies. For example, obviously he wastes some of his time running Twitter into the ground. How do you reckon Twitter is being ran into the ground? It's just like a sports team being bought by billionaires, it's just for fun. But in this case it's more malicious because he gets to spend a narrative. He gave shelter to all comvervatives. That's not running it into the ground at all, that's solidifying himself. Plummeting Value: Elon Musk bought Twitter in October 2022. "In 2022, Brand Finance valued Twitter at $5.7 billion. By 2023, this dropped to nearly $3.9 billion, and by 2024, the brand’s value had fallen to $673.3 million." https://www.visualcapitalist.com/visualizing-the-decline-in-brand-value-of-x-formerly-twitter/ Not to mention the fact that Elon Musk spent $44B to buy Twitter instead of $5.7B - vastly overpaying for it. Plummeting Daily Use: Even with the reopening of banned accounts and increase in fake accounts to inflate Musk's numbers, Twitter isn't seeing as much regular action from as many people/accounts anymore. "Use of Twitter in the US has slumped by more than a fifth since Elon Musk bought the site and rebranded it to X, according to data from app-monitoring company Sensor Tower. As of February 2024, the social network’s daily app users in America had fallen by 23% since November 2022, just after Musk completed his takeover. Every other major social network experienced a reduction in the same period, but none by anywhere near X’s drop in user numbers. The closest was TikTok, which fell by just short of 10%, while Facebook, Instagram and Snapchat all had user slumps of less than 5%, according to the data, first reported by NBC News. Globally, X fared slightly better, dropping 15% of its users to hit 174 million daily active app users, according to Sensor Tower’s data." https://www.theguardian.com/technology/2024/mar/26/twitter-usage-in-us-fallen-by-a-fifth-since-elon-musks-takeover Also, Twitter's numbers have been dropping so precipitously that "Musk has shifted away from both the daily and monthly active user numbers in favor of "unregretted user minutes," a metric seemingly made-up by Musk." https://mashable.com/article/twitter-x-daily-active-users-drop-under-elon-musk So, while I agree with you that conservatives are taking shelter on Twitter, that's not what it means to run a successful company. Instead, what he's doing is leading the deterioration of a company that used to be far more successful. Also it's no longer Twitter. They were the name and now they don't even have that. I think it is important to have a different perspective here. Yes, Twitter is worth less and less good than it was before Musk. But was it doing what Musk wants better? I don't think so. You don't buy a platform like that to make money. You buy it to influence people. And while probably not directly attributable to this single cause, the rise in the far right which Musk favors speaks towards the success of that attempt. I think it is false to judge the Twitter acquisition like a normal business acquisition. Musk has money to waste. He doesn't need money to make more money. He has so much money that he can buy any item he would like to buy, immediately. Musk could come up to your house and pay you enough money to fuck your arse, and you would take it. I am pretty sure anyone would. With that amount of money, the only thing that is still relevant to buy is influence. Get nations to do what you want. And that is what this Twitter thing is. It is not about money, it is about moving politics (which can also make you even more money, if that is really what you care about!) I think this is pretty scary, too. A billionaire can just decide on a whim to buy a platform which is pretty important to how discourse works, and do whatever he wants with it. Musk is getting nowhere near my arse for the record! Do you really think you would be capable of saying no if he offered you half a billion? That is "Have an awesome life for the next few generations of your family" kind of money. For half an hour of inconvenience. That is what i wanted to stress with that. It is just absurd how much money our superrich have. Other than that, i agree with you. I am still not certain if Musk just sometimes successfully does scary stuff just by sheer random chance, or if there is some plan involved. But one needs to be careful not to always assume someone is an idiot, and then try to find reasons that prove that.
Elon has demonstrated the ability and will to defame his own daughter. I'd say no amount of money from him is worth getting the backshot treatment or any treatment for that matter. His touch is cursed.
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Northern Ireland24877 Posts
On January 13 2025 14:21 Turbovolver wrote:Show nested quote +On January 13 2025 11:46 Vivax wrote:
It‘s an attempt at looking like your average guy playing video games while pushing ideologies at home and abroad that very much don‘t serve the average guy.
People working normal jobs already struggle nowadays, putting the threat of waking up in a dictatorship run by US oligarchs into the room is not exactly pro-humanity.
It doesn‘t even make sense that he tolerates drugs to some extent and supports European right wing parties. Dude has too much money to be ignored. It‘s a threat to democracy in our countries. Eh, I'm not really advocating he be ignored. I don't tend to strongly advocate much when it comes to the political morass. I just think if anything will convince his fans, "god damn this guy is cringe, fake gamer confirmed" is going to do it better then "look he did new right-wing bad thing".
With his avowed fans I imagine it’s a case of ‘surely this lie is blatant enough to concede Trump occasionally bullshits?’. Everything one thinks should do that somehow misses the mark.
For those on the fence, or those who have a more typical admiration for Musk that’s actually influenced by what he does, absolutely.
I mean especially in combination Mr ‘people can’t be trusted to work from home but I can spend all day on vidya and Twitter’ while getting caught out trying to pretend to be some elite gamer for kudos is pretty damn cringe. Nout wrong with enjoying games without being some 1337 gamer, I should know these days! But come on just say ‘man I love this game, I’m not great at it’ and nobody fucking cares.
On January 13 2025 19:35 Simberto wrote:Show nested quote +On January 13 2025 08:46 WombaT wrote:On January 13 2025 07:48 Simberto wrote:On January 13 2025 02:57 KwarK wrote:On January 12 2025 20:38 DarkPlasmaBall wrote:On January 12 2025 17:21 Uldridge wrote:On January 12 2025 07:07 DarkPlasmaBall wrote:On January 12 2025 06:00 oBlade wrote:
Seems like rumors of him wasting all his time goofing off obsessing with playing video games while ignoring his multiple world class companies have been exaggerated after all. Good news for the employees and investors, not as good news for his detractors. Him not wasting all his time playing video games (or being a paternal role model lol) doesn't mean he's productively spending all his time with his companies. For example, obviously he wastes some of his time running Twitter into the ground. How do you reckon Twitter is being ran into the ground? It's just like a sports team being bought by billionaires, it's just for fun. But in this case it's more malicious because he gets to spend a narrative. He gave shelter to all comvervatives. That's not running it into the ground at all, that's solidifying himself. Plummeting Value: Elon Musk bought Twitter in October 2022. "In 2022, Brand Finance valued Twitter at $5.7 billion. By 2023, this dropped to nearly $3.9 billion, and by 2024, the brand’s value had fallen to $673.3 million." https://www.visualcapitalist.com/visualizing-the-decline-in-brand-value-of-x-formerly-twitter/ Not to mention the fact that Elon Musk spent $44B to buy Twitter instead of $5.7B - vastly overpaying for it. Plummeting Daily Use: Even with the reopening of banned accounts and increase in fake accounts to inflate Musk's numbers, Twitter isn't seeing as much regular action from as many people/accounts anymore. "Use of Twitter in the US has slumped by more than a fifth since Elon Musk bought the site and rebranded it to X, according to data from app-monitoring company Sensor Tower. As of February 2024, the social network’s daily app users in America had fallen by 23% since November 2022, just after Musk completed his takeover. Every other major social network experienced a reduction in the same period, but none by anywhere near X’s drop in user numbers. The closest was TikTok, which fell by just short of 10%, while Facebook, Instagram and Snapchat all had user slumps of less than 5%, according to the data, first reported by NBC News. Globally, X fared slightly better, dropping 15% of its users to hit 174 million daily active app users, according to Sensor Tower’s data." https://www.theguardian.com/technology/2024/mar/26/twitter-usage-in-us-fallen-by-a-fifth-since-elon-musks-takeover Also, Twitter's numbers have been dropping so precipitously that "Musk has shifted away from both the daily and monthly active user numbers in favor of "unregretted user minutes," a metric seemingly made-up by Musk." https://mashable.com/article/twitter-x-daily-active-users-drop-under-elon-musk So, while I agree with you that conservatives are taking shelter on Twitter, that's not what it means to run a successful company. Instead, what he's doing is leading the deterioration of a company that used to be far more successful. Also it's no longer Twitter. They were the name and now they don't even have that. I think it is important to have a different perspective here. Yes, Twitter is worth less and less good than it was before Musk. But was it doing what Musk wants better? I don't think so. You don't buy a platform like that to make money. You buy it to influence people. And while probably not directly attributable to this single cause, the rise in the far right which Musk favors speaks towards the success of that attempt. I think it is false to judge the Twitter acquisition like a normal business acquisition. Musk has money to waste. He doesn't need money to make more money. He has so much money that he can buy any item he would like to buy, immediately. Musk could come up to your house and pay you enough money to fuck your arse, and you would take it. I am pretty sure anyone would. With that amount of money, the only thing that is still relevant to buy is influence. Get nations to do what you want. And that is what this Twitter thing is. It is not about money, it is about moving politics (which can also make you even more money, if that is really what you care about!) I think this is pretty scary, too. A billionaire can just decide on a whim to buy a platform which is pretty important to how discourse works, and do whatever he wants with it. Musk is getting nowhere near my arse for the record! Do you really think you would be capable of saying no if he offered you half a billion? That is "Have an awesome life for the next few generations of your family" kind of money. For half an hour of inconvenience. That is what i wanted to stress with that. It is just absurd how much money our superrich have. Other than that, i agree with you. I am still not certain if Musk just sometimes successfully does scary stuff just by sheer random chance, or if there is some plan involved. But one needs to be careful not to always assume someone is an idiot, and then try to find reasons that prove that.
I genuinely don’t know if I could with Musk though, I truly despise the man, my best friend possibly more so, my partner slightly less so, so like how I got that money is always going to be a pretty brutal elephant in the room. Imagine future generations having to deal with the source of their wealth!
If it was any other bloke bar like Donald Trump it’s barely even a question mind, that’s a lot of money, indeed I think people consistently underestimate quite how much power one gets with those kinda sums
I frequently joke with my other heterosexual dude friends that I’m less gay than them because I gave it a try and didn’t dig it, whereas for them it’ll always be a question, so it’s not that aspect putting me off this particular dilemma that is absolutely likely to arise
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On January 13 2025 10:57 WombaT wrote:Show nested quote +On January 13 2025 10:23 raynpelikoneet wrote:On January 12 2025 17:21 Uldridge wrote:On January 12 2025 07:07 DarkPlasmaBall wrote:On January 12 2025 06:00 oBlade wrote:
Seems like rumors of him wasting all his time goofing off obsessing with playing video games while ignoring his multiple world class companies have been exaggerated after all. Good news for the employees and investors, not as good news for his detractors. Him not wasting all his time playing video games (or being a paternal role model lol) doesn't mean he's productively spending all his time with his companies. For example, obviously he wastes some of his time running Twitter into the ground. How do you reckon Twitter is being ran into the ground? It's just like a sports team being bought by billionaires, it's just for fun. But in this case it's more malicious because he gets to spend a narrative. He gave shelter to all comvervatives. That's not running it into the ground at all, that's solidifying himself. How is twitter been "ran to the ground"? Just because a million of users left for whatever bluesky, it doesnt mean twitter has "ran to ground". If you spend 44 billion on an asset and you drop customers and revenue what else is it? With few signs of those trends reversing either, it doesn’t appear to be a short term pain, long term gain kind of thing on a business angle. Alternatively one may consider it a loss-leading success if its current incarnation better reflects their personal values, not everything has to turn a profit in this world after all. They aren’t mine, but hey have at it. But people seem to want to just deny it’s the latter here.
He likes the ability to shape public opinion on there.Plenty of election related stuff the past cycle that would not have been allowed had he not taken over.Over 200 million followers and he endorsed Trump.
Now we have a situation where Trump won a landslide, won the popular vote and Musk is head of DOGE.The amount he could save on regulations over the course of years can make it a very worthwhile investment.
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Elon gets his own office within the WH. Adorable, our first baby oligarch has been born!
+ Show Spoiler + cant come quick enough
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On January 15 2025 11:42 Husyelt wrote:Elon gets his own office within the WH. Adorable, our first baby oligarch has been born! + Show Spoiler + cant come quick enough
At least we can stop pretending that we aren‘t living in corporate fascism now. That’s evidence of someone buying influence through an undemocratic process.
Sadly what happens in the US heavily influences Europe.
Both Trump and Musk don‘t enjoy much sympathy here, although most politicians with a say will have to pretend that they have at least some.
The only counter really is to avoid using platforms run by them.
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On January 15 2025 10:41 iPlaY.NettleS wrote:Show nested quote +On January 13 2025 10:57 WombaT wrote:On January 13 2025 10:23 raynpelikoneet wrote:On January 12 2025 17:21 Uldridge wrote:On January 12 2025 07:07 DarkPlasmaBall wrote:On January 12 2025 06:00 oBlade wrote:
Seems like rumors of him wasting all his time goofing off obsessing with playing video games while ignoring his multiple world class companies have been exaggerated after all. Good news for the employees and investors, not as good news for his detractors. Him not wasting all his time playing video games (or being a paternal role model lol) doesn't mean he's productively spending all his time with his companies. For example, obviously he wastes some of his time running Twitter into the ground. How do you reckon Twitter is being ran into the ground? It's just like a sports team being bought by billionaires, it's just for fun. But in this case it's more malicious because he gets to spend a narrative. He gave shelter to all comvervatives. That's not running it into the ground at all, that's solidifying himself. How is twitter been "ran to the ground"? Just because a million of users left for whatever bluesky, it doesnt mean twitter has "ran to ground". If you spend 44 billion on an asset and you drop customers and revenue what else is it? With few signs of those trends reversing either, it doesn’t appear to be a short term pain, long term gain kind of thing on a business angle. Alternatively one may consider it a loss-leading success if its current incarnation better reflects their personal values, not everything has to turn a profit in this world after all. They aren’t mine, but hey have at it. But people seem to want to just deny it’s the latter here. He likes the ability to shape public opinion on there.Plenty of election related stuff the past cycle that would not have been allowed had he not taken over.Over 200 million followers and he endorsed Trump. Now we have a situation where Trump won a landslide, won the popular vote and Musk is head of DOGE.The amount he could save on regulations over the course of years can make it a very worthwhile investment.
It is strange to me that you, and a bunch of people with similar beliefs seem to be so happy about the richest guy in the world being able to by influence over the masses and directly over the sitting president of the US. Considering how you guys feel about Rockefeller and "draining the swamp". But I guess as long as these guys tell you they are on you side it does not matter much to you how much richer they keep getting while you all get poorer and have more struggles. I mean you get to pwn more online!
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Sam Harris coming out with a bombshell. Apparently Elon owes him one million dollars over a Covid bet, which of course coincides with the end of their friendship. Poor Elon isn't rich enough to pay out a small bet of a million dollars. Or maybe admitting he was wrong would be too hurtful for his fragile ego.
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On January 16 2025 19:49 Magic Powers wrote:Sam Harris coming out with a bombshell. Apparently Elon owes him one million dollars over a Covid bet, which of course coincides with the end of their friendship. Poor Elon isn't rich enough to pay out a small bet of a million dollars. Or maybe admitting he was wrong would be too hurtful for his fragile ego. + Show Spoiler +
He's definitely rich enough; it's just a mix of his ego and his refusal to accept reality.
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This is getting very funny.
So Asmon did a video on the whole PoE disaster, and Elon is now throwing a hissy fit, leaking "gotcha attempts" DMs with Asmon
I was tempted to call it very weak sauce stuff but tbf that's offensive to weak sauce...
![[image loading]](https://iili.io/26Lm8Yu.jpg)
![[image loading]](https://iili.io/26Lp1nV.jpg)
I think he somehow believes it's an "editor" in the sense of a newspaper/media org
And now there's a community note on his post since it's against ToS to leak private DMs
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So Elon Musk accidentally violated his own Terms of Service after he got caught lying about his mad video gaming skillz?
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EPT![[image loading]](https://cdn.discordapp.com/attachments/1009947491019542619/1329324704267505756/image0.jpg?ex=6789ed9b&is=67889c1b&hm=da0a9f2996e053bc2120afe4826b1ee56684089b0cc5246c91998c464e7b0205&)
