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Twitter set to accept Musk's $43B offer – sources
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Re: Twitter set to accept Musk's $43B offer – sources
#722I'm optimistic from a nihilistic point of view: for Twitter the only way is up, and yet even a complete failure would be a net improvement to the world. There's a laundry list of uncontroversial improvements he can make to the product itself. Twitter as a product is broken in so many ways. Musk is the kind of outcome-driven character to get things done. And it will be done in a way that does not directly conflict wit…
I am looking forward to stop using Twitter myself, but there are so many communities not related to politics and social division on there. Amateur Radio is a big one that I’ll miss.
Re: Twitter set to accept Musk's $43B offer – sources
#723He has already increased its value by buying it.
Question: Twitter is currently trading at 51.something USD.
> Twitter stockholders will receive $54.20 in cash for each share of Twitter common stock that they own upon closing of the proposed transaction
Isn't there an arbitrage profit here of ~$3 per stock or something? Am I completely nuts or is it a sure thing to throw literally all money at twitter right now haha.
Re: Twitter set to accept Musk's $43B offer – sources
#724Ways I think Twitter could immediately improve, from the perspective of users: - Optional verification check marks for anyone who wants them. Throw out the Blue Check status symbol. Offer "real person" twitter filter. - Transparent and consistent moderation policies. Bans are inconsistently applied for reasons that are often hard to figure out. - Return to a reverse chronological time and/or down selection of rage-ba…
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What does less wokeness mean? Does it mean being more tolerant of abusive language? Does it mean being less tolerant of inclusive language? Both? Something else?
I've heard folks ask for less wokeness, but I don't know what that would look like.
Re: Twitter set to accept Musk's $43B offer – sources
#725Okay. Now actually let's see how "free speech absolutist" Musk will deal with this account:
https://twitter.com/elonmuskjet
It's will tell us a lot about his plans with Twitter.
Re: Twitter set to accept Musk's $43B offer – sources
#726Ways I think Twitter could immediately improve, from the perspective of users: - Optional verification check marks for anyone who wants them. Throw out the Blue Check status symbol. Offer "real person" twitter filter. - Transparent and consistent moderation policies. Bans are inconsistently applied for reasons that are often hard to figure out. - Return to a reverse chronological time and/or down selection of rage-ba…
> - Optional verification check marks for anyone who wants them. Throw out the Blue Check status symbol. Offer "real person" twitter filter. What problem does that solve? Nobody on Twitter sees or engages with posts without a blue checkmark anyway. Twitter is the Hollywood of social media. You're either an influencer or you're a lurker. There is no middle ground.
propaganda, spam, shilling, bots. If they have a see only verified (maybe ideally as a default) it would help a huge amount with the big societal problems that have been created by government sponsored lies.
Re: Twitter set to accept Musk's $43B offer – sources
#727This could be dangerous for democracy. The worlds richest man can influence whether a politician is de-platformed or re-instated to Twitter whilst legally protected in such decision making by section 230. We have seen him act petty when offense is taken [0]. We have seen him be quite opinionated on tax proposals [1]. Is no one else concerned by this? It seems a more powerful control of the narrative and politics than…
Some other rich men already had that control.
Re: Twitter set to accept Musk's $43B offer – sources
#728He's already said that he'd follow all local laws so it would be interesting to see if he can find the elusive path of maintaining free speech, following the law and not having Twitter being a toxic cesspool used mainly to shout down those not our your "side". Personally my reservations are because I think running a social media site is a lot about understanding people and defining a healthy culture for your elusive…
But what exactly is “the law?” It’s not like this stuff is cut and dried even within the US. Posted this elsewhere, but free speech laws are some of the trickiest legal issues we grapple with in the US, and many statues hinge on the intent behind the speech. How is Twitter supposed to implement this (hypothetical) new policy? Do they always give posters the benefit of the doubt? Seems ripe for abuse. Assume the worst…
To be fair, 'free speech' isn't even something a company can force themselves to follow. Short of selling to the US Government (who would have to explicitly accept such an offering), being bound by free speech isn't possible without making your own rules for what qualifies as free speech and what happens when the platform 'violates' it - ie. you can't say "take all matters of violating your first amendment to civil court" since corporations, by design, cannot violate your first amendment rights.
Re: Twitter set to accept Musk's $43B offer – sources
#729Could twitter allow real people to stay anonymous?
As AI generated content approaches 100% of internet content over the next decade (gtp-powered bots, russian troll farms, etc), it will be good to have human verification…
If, after human verification, twitter can implement a zero-trust software means to allow those humans to post anonymously to protect certain dialogue… that would be great.
Re: Twitter set to accept Musk's $43B offer – sources
#730So, how does that work for current stock holders and employees? If you own Twitter stock, will it be automatically sold at 43b val? And twitter will get out of public markets? For employees, are they pretty much seeing their comp getting divided by 2 because now they can't sell the stocks/rsus they vest every quarter?
The money is going to be a big problem for retention. They'll then be limited to right-wingers but maybe they wanted to outsource the software engineering anyway.