Twitter set to accept Musk's $43B offer – sources
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Re: Twitter set to accept Musk's $43B offer – sources
#772Quoted post unavailable.
The system appears to have come under existential pressure.
I used to be a free speech absolutist. I'm wondering, now, if absolute free speech is like direct democracy. It's fine in theory. But if we look at its history, the track record consistently veers towards chaos. (Much more for direct democracies than free speech, though.) A value set can be laudable but useless if any attempt at manifesting it tears its host apart.
I haven't made up my mind one way or the other. But the debate unfolding across society doesn't seem unreasonable. (My hunch is the problem is dark-box amplification algorithms married to ad-supported business models. Not Billy Bob tweeting KKK NFTs or whatever.)
Re: Twitter set to accept Musk's $43B offer – sources
#773I wonder about the potential for Twitter to improve as a product with a little shakeup/different priorities. Stuff like not needing to login to browse or a better system for longer tweets/threads. I'd also be a fan of a very fast/lightweight interface, something closer to nitter.net.
Re: Twitter set to accept Musk's $43B offer – sources
#774He'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…
> interesting to see if he can find the elusive path of maintaining free speech I am also utterly gobsmacked how people here jump to the defense of billionaires. > Taking a moment to think about how utterly crazy it is that in 2022 a company with a significant dataset of private and public communications, that has municipalities, companies and governments on the platform, can switch ownership with pretty much zero sc…
What you're saying is why do regulations allow for this? Idk, but this is a regulatory question, and therefore it should be directed at the government not at the billionaire in question.
Re: Twitter set to accept Musk's $43B offer – sources
#775I don't really love the notion of billionaires buying up media; but given how incredibly important twitter has become to media and its influence on democracy and politics, I think it's a huge improvement that a free speech advocate will be in charge at least. I don't buy that content "moderation" (ahem, or as it should be called, censorship) is desirable when a tech company can silence people that have legit-if-undes…
Re: Twitter set to accept Musk's $43B offer – sources
#776What’s the consequence for employees? People with 3 years left of vesting RSUs. Will those keep vesting somehow? Or they’ll get an upfront payout? And what’s my incentive to work for an established private company with no stock growth prospect? I guess Twitter will have to pay 500k senior eng. salaries in cash instead of stock?
It varies. I'll preface this by saying I am not privy to the specifics of this deal, but in general this depends on the terms of the options plan. Some employees may have their options accelerated upon triggering events like a change of control. Others may have options accelerated on a "double trigger" such as a chance of control followed by termination.
> And what’s my incentive to work for an established private company with no stock growth prospect? I guess Twitter will have to pay 500k senior eng. salaries in cash instead of stock?
You don't need publicly traded securities to have deferred compensation. Shares continue to exist even if the company is private and liquidity events can be structured to allow employees to cash out in a "controlled and deferred" fashion. Plus you could structure deferred compensation entirely without those liquidity events or shares for that matter. Just promise to pay people $X in Y years
Re: Twitter set to accept Musk's $43B offer – sources
#777Ways 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…
I would also add ability to privately mark people as "Friend", "Collegue", "Trusted" etc so that I can influence algos to show more stuff from people I care. Facebook has this feature to mark friend as "Favorite" and it has seriously improved my newsfeed. Unfortunately, they limit it to 30 and it's just nonsensical.
Re: Twitter set to accept Musk's $43B offer – sources
#778Quoted post unavailable.
Conventional wisdom today seems to be that most people are mindless meme relay bots that simply believe and propagate whatever they read if it's presented in the right way or pushes the right emotional buttons. Sure there are some people you might describe that way, but is it really most people?
Personally I've been on the fence for a long time. I am not ready to throw in the towel on the idea of a global radically open conversation, but I have certainly had my faith in humanity shaken profoundly by things like Qanon. A disturbingly large number of people are frighteningly gullible. Are there people who simply can't mentally handle unfiltered information?
Re: Twitter set to accept Musk's $43B offer – sources
#779I don't really love the notion of billionaires buying up media; but given how incredibly important twitter has become to media and its influence on democracy and politics, I think it's a huge improvement that a free speech advocate will be in charge at least. I don't buy that content "moderation" (ahem, or as it should be called, censorship) is desirable when a tech company can silence people that have legit-if-undes…
Musk tried to have an employee whistleblower murdered by the police by falsely accusing him of being a mass shooter and having him SWAT'd[1]. That is not something a "free speech advocate" would do if they were sincere about advocating for free speech.
[1] https://www.bloomberg.com/news/features/2019-03-13/when-elon...
Re: Twitter set to accept Musk's $43B offer – sources
#780Ways 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…