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X CEO Says Platform Should Turn Profit in 2024

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Re: X CEO Says Platform Should Turn Profit in 2024

#51
post #19

This is obviously not a popular opinion, but: I think this is great news. In the world of Meta dominating social media (+ TikTok now de facto in 2nd spot), we need diversity in the field. Twitter (X) definitely changed in the past year, but I see it as a positive change (maybe it's my bubble) - my tech feed is no longer polluted by people fighting about left vs right, Trump etc, my feed is now tech people sharing tec…

Conversely, I can only find that now on mastodon, where it only shows me who I've explicitly followed and not some algorithmic feed.

Just took a look at my Twitter homepage. It's hate speech, aliens live along us, flight tracking (?), various conspiracy theories and weird American right-wing crap (I'm not even American), and a couple of tech posts. It's become complete garbage.

Re: X CEO Says Platform Should Turn Profit in 2024

#52

> X CEO Says Platform Should Turn Profit in 2024 If you believe it, it's not a lie!

How can you classify a prediction as a lie? You could say it's unrealistic or delusional based solely on your guesses without having seen any financial data, but it's not a lie.

If they're saying "should turn a profit" publicly and their internal numbers say "almost certainly won't turn a profit", that prediction is, IMO, a lie.

Re: X CEO Says Platform Should Turn Profit in 2024

#53
post #2

I don't get how it is allowed that C-Suits just are allowed to blatantly lie to their investors/board/users they have the data and they know it won't happen. Exactly how Musks knows FSD won't happen this year...

What do you mean FSD won't happen? I used FSD in my car this morning to drive to work

Re: X CEO Says Platform Should Turn Profit in 2024

#54

I’m not surprised the comments here are universally skeptical so far, but I’ll chime in that I think it’s plausible. The largest expense by far was compensation and with 10% the previous workforce it dropped dramatically. The question is how much revenue would have fallen. In the HN bubble X is basically over and everyone has moved to Mastodon, but there has been little change in the folks I follow. Are journalists a…

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Re: X CEO Says Platform Should Turn Profit in 2024

#55
post #15

If Musk says something, take the opposite stance. Bet on the demise of X in 2024.

The anti-Musk fervour never ceases to amuse me Reddit is literally wall to wall 'musk empire crashing' for the past 4 years and yet the progress continues (largely) unabated. It's all very odd.

You're either in or you're out

Re: X CEO Says Platform Should Turn Profit in 2024

#56

I’m not surprised the comments here are universally skeptical so far, but I’ll chime in that I think it’s plausible. The largest expense by far was compensation and with 10% the previous workforce it dropped dramatically. The question is how much revenue would have fallen. In the HN bubble X is basically over and everyone has moved to Mastodon, but there has been little change in the folks I follow. Are journalists a…

Have most HN people gone over to Mastadon? Personally I think Twitter/X has improved and become more interesting though the monetisation schema feels like it's pushing it towards it being a bit more LinkedIn'y (people are chasing impressions more than they used to because an actual carrot exists).

Re: X CEO Says Platform Should Turn Profit in 2024

#58
post #19

This is obviously not a popular opinion, but: I think this is great news. In the world of Meta dominating social media (+ TikTok now de facto in 2nd spot), we need diversity in the field. Twitter (X) definitely changed in the past year, but I see it as a positive change (maybe it's my bubble) - my tech feed is no longer polluted by people fighting about left vs right, Trump etc, my feed is now tech people sharing tec…

Interesting, it’s the opposite for my feed. For 10 years I came to twitter for the exchange of ideas, learned so much about tech and business, developed friendships and connections that changed my life.

Now every time I open my feed it reminds me of trash tv. Ads for weed gummies every 8th tweet, crazy rhetoric and political content from extremist politicians I’ve often never even heard of, Elon musk himself - who I don’t follow - pushed into my face, forcing me to see his angry tweets, first, every time I load the app.

Beyond the drama, I used to get a lot of value in reading threads and now the comments are all garbage? Finding anything useful requires me scrolling past a long list of reply guys and often what just seems like spam.

It genuinely makes me sad to lose such a useful product :(.

Re: X CEO Says Platform Should Turn Profit in 2024

#59

> X CEO Says Platform Should Turn Profit in 2024 If you believe it, it's not a lie!

> If you believe it, it's not a lie!

Is this supposed to be some kind of “gotcha?”

Of course saying something you believe is true is not a lie. Of course. Why would you even bring up the possibility of it being a lie?

Nevermind a prediction cannot be a lie. Misleading perhaps, but not a lie.

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