Live data from Hacker News

Elon Musk makes $43B unsolicited bid to take Twitter private

bloomberg.com

411–420 of 1001 posts

Re: Elon Musk makes $43B unsolicited bid to take Twitter private

#411

There’s an account called Elon Jet which uses publicly available information to track Elon's private jet and post take off and landings. Elon offered 5k to the owner to take it down[1]. He has blocked loads of people for mocking or disagreeing with him. Are those actions evil or wrong? Not really, but I also don’t think they’re the actions of an ardent believer in free speech which this thread is making him out to be…

[deleted]

Re: Elon Musk makes $43B unsolicited bid to take Twitter private

#412
post #2

I don't have an opinion over the consequences for politics over this, I'm just excited over the potential shakedown of the social media landscape that I grew to despise. Musk is an activist, can make it or break it. He is absolutely right over its enormous potential, all the problems it has - as a business or ones it creates for the society - can be solved. Free speech absolutism is possible and is beneficial once yo…

I just despise Twitter for its double standard. It allows the tweet of Khamenei to call for “eradication” of Israel and its people, yet it blocks so many people in the name of “inciting violence”. It blocked people who called for wearing masks or SIP in early 2020, but later blocked people who cited Nature paper. If Twitter were in the middle ages, they would for sure ban Galileo, and if they were in 19th century, they would for sure ban Darwin — because one can’t be anti-science and science can’t be wrong, right?

Twitter is a disgrace to the modern society. Their hypocrisy goes to no end.

Re: Elon Musk makes $43B unsolicited bid to take Twitter private

#413

From observing various internet forums, including this one, I noticed that people from the "first world" countries don't know the value of free speech and often take it for granted. Sometimes even coming to such views as "free speech is dangerous" and that "we should limit free speech" (by blocking the views I don't like). Understand this: limits on free speech are far more dangerous to society than allowing fringe e…

Lots of extremists, especially in the authoritarian[0] or right-wing edges of the political compass, practice various forms of censorship. This isn't merely "let's pass a law to make it illegal to say a thing", but would also include things like harassing other people in public forae with sock-puppets, ballot-stuffing online polls to make their side look more publicly favored, flooding websites with expensive HTTP requests (DDoSing), or publishing personal or hidden information in an attempt to scare someone into not speaking (doxxing). All of the above behaviors should be considered just as censorious as vanilla-flavor state-actors censorship.

Furthermore, because these behaviors nominally involve something that resembles an act of speech, people occasionally try to defend said acts on "free speech" grounds and call the curtailment of censorship acts itself a form of censorship. This is a mistake. Fringe extremists are not merely "spreading their ideas", they are chilling other people's speech. This is just as much of a danger to society as the banning of other people's views that you mentioned.

[0] auth-left inclusive, fuck tankies

Re: Elon Musk makes $43B unsolicited bid to take Twitter private

#414
I just realized that we can use the current stock price to derive a probability that Elon Musks offer will be accepted.

Let `cp` be the current stock price; let `op` be the original price, before the offer was made; let `bp` be the bid price, what Musk offered; and let P be the probability that the offer is accepted. Then it must apply that

`cp = op + P*(bp - op)`

Meaning: The current price is the original price plus the probability that the offer is accepted times the stock price premium if the offer is accepted.

=> P = (cp - op) / (bp - op)

Plugging in the current numbers gives us a probability of about 50 %.

Re: Elon Musk makes $43B unsolicited bid to take Twitter private

#415
post #2

I don't have an opinion over the consequences for politics over this, I'm just excited over the potential shakedown of the social media landscape that I grew to despise. Musk is an activist, can make it or break it. He is absolutely right over its enormous potential, all the problems it has - as a business or ones it creates for the society - can be solved. Free speech absolutism is possible and is beneficial once yo…

>Free speech absolutism

Musk's actions show he doesn't support that.

Re: Elon Musk makes $43B unsolicited bid to take Twitter private

#416

Can anybody make a good argument as to why Twitter (in its current form) isn’t a major detriment to society? If Twitter poofed out of existence today, it would be a major win for this planet. People talk about a frightening future with a human hostile AI that wants to destroy humanity. That exists, it’s twitter. Elon buying it, even if he runs it into the ground is a good thing. Getting rid of some of the hostile AI…

Because Twitter is great for pushing narratives while silencing "wrongthink".

Re: Elon Musk makes $43B unsolicited bid to take Twitter private

#418

This is the coolest mid-life crisis purchase I've ever seen. I hope he enjoys it and has some fun from the boring office work of rockets, tunnels, robots, AI, and of course bullet-proof trucks.

Beats buying another middle-management Porsche. haha.

Love your username.

Re: Elon Musk makes $43B unsolicited bid to take Twitter private

#419
post #2

I don't have an opinion over the consequences for politics over this, I'm just excited over the potential shakedown of the social media landscape that I grew to despise. Musk is an activist, can make it or break it. He is absolutely right over its enormous potential, all the problems it has - as a business or ones it creates for the society - can be solved. Free speech absolutism is possible and is beneficial once yo…

> Free speech absolutism is possible and is beneficial once you ensure that someone is not gaming the system

First and foremost gaming seems to be nigh on unavoidable.

Secondly and most importantly, "absolutism" is not a good thing. I know I'll get downvotes but it needs to be said: some speech is not healthy for society, primarily hate speech.

And we have that today in Fox News -- actively promoting hate speech and helping to widen the divide in the US.

edit: yes, much news is garbage (CNN et al), but my point remains that speech designed to foster hate of others is not healthy and welcome dialog in this regard.

Divide and conquer for the win.

Re: Elon Musk makes $43B unsolicited bid to take Twitter private

#420
post #58

> Free speech absolutism is possible and is beneficial I don't think we have evidence to support this. Pursuant to the last major thread on the topic, I was thinking further about it, and realized that the vast majority of progress civilization has made has been under conditions much more regulated in terms of which ideas may propagate. We've never had a situation where fake news can and does spread the way it does t…

> The notion that all speech should be allowed actually seems stupid to me on its face, the more that I consider it.

The logical conclusion of this is speech should be regulated. And if speech is regulated, the next question is by whom? Good luck trying to get people to agree on this and even more good luck having this not be abused by those in charge.

What you will end up with is a dictatorship like China and Russia.

Post reply on HN