Live data from Hacker News

Elon Musk owns Twitter: The story so far

techcrunch.com

641–650 of 1001 posts

Re: Elon Musk owns Twitter: The story so far

#641

In the spirit of trying to be high-information and add value: Where Musk is going, there are no maps. So it's very very hard to project. But we can predict likely developments. At a very high level, it's going to involve: bringing back controversial personalities like Donald Trump; increasing Twitter's commitment to 'free speech'; assuaging skittish advertisers; retaining users who might be concerned, while bringing…

It sounds like Musk is going to tell advertisers to kick rocks and try to monetize the platform. Where are people gonna go if not on Twitter? The left isn't gonna have better luck with their own truth social or parler. The network effect is too big with Twitter. It's not fun if you're not dunking on your enemies. That's the fun of Twitter.

> Where are people gonna go if not on Twitter?

I think you may be over-estimating how much most people "need" something like Twitter. For the vast majority of users, a news feed and private messaging (WhatsApp, iMessage, etc.) are good enough.

Re: Elon Musk owns Twitter: The story so far

#642

In the spirit of trying to be high-information and add value: Where Musk is going, there are no maps. So it's very very hard to project. But we can predict likely developments. At a very high level, it's going to involve: bringing back controversial personalities like Donald Trump; increasing Twitter's commitment to 'free speech'; assuaging skittish advertisers; retaining users who might be concerned, while bringing…

It sounds like Musk is going to tell advertisers to kick rocks and try to monetize the platform. Where are people gonna go if not on Twitter? The left isn't gonna have better luck with their own truth social or parler. The network effect is too big with Twitter. It's not fun if you're not dunking on your enemies. That's the fun of Twitter.

I appreciate your perspective. I used Twitter to follow industry news. But the people I cared about left and so did I. It’s so boring and pointless now. Absolutely no value to me anymore.

Re: Elon Musk owns Twitter: The story so far

#643

In the spirit of trying to be high-information and add value: Where Musk is going, there are no maps. So it's very very hard to project. But we can predict likely developments. At a very high level, it's going to involve: bringing back controversial personalities like Donald Trump; increasing Twitter's commitment to 'free speech'; assuaging skittish advertisers; retaining users who might be concerned, while bringing…

Most people are focused on censorship/content issues, but I really think the X.com "mega app" vision is the most significant part of this. It'll be hard to gain a foothold in those markets, and there'll be antitrust challenges, but it really fits perfectly with the rest of Musk's vision: X.com Maps could tie in with Teslas, X.com Carhailing could tie-in with (future) full self-driving; Twitter could be expanded to be…

the everything-app thing would be significant if realized, the thing about that is it has to compete not just against all the tech giants, but also against all the smaller companies who are already mostly succeeding in those verticals. having to install another app isn't really an impediment to acquiring users.

it's an interesting vision to be sure, but i'm not sure how buying twitter actually helps it - twitter has already been struggling to expand outside their core product - none of the experiments like moments, spaces, fleets, etc have really taken off. it kind of seems like twitter users just want tweets and nothing else. so now he's taken on a whole bunch of debt to acquire a userbase who is hostile to the app expanding into any other markets? I don't really see a whole lot of evidence that twitter is a good launch platform for an everything-app.

Re: Elon Musk owns Twitter: The story so far

#644

Earlier quoted context omitted.

What if he just loses a big pile of money while Twitter twists in the wind because there isn't much of a plan? That seems likely enough really.

If that's the case, it won't be so different from when Twitter was run as a public co.

I feel we have a generic tendency of looking at downward trends and assuming that shocking radical change can’t make it worse. As history tells, it sure can.

The old Twitter was a lost cow looking for pasture and moving very little in fear of getting more lost. For better and worse it had stability. We can assume that stability is now gone through the window.

Re: Elon Musk owns Twitter: The story so far

#645
post #349

I always wonder: how much honesty is in him? For example, he stopped talking about the bot population on the platform altogether after he could not get out of the deal. Was he honest about this being a big issue in the first place? For me, it’s not easy to believe this because this bot issue appeared right after Twitter staff did not like his speech, and talks with the CEO fell apart. Am I mistaken about how it all p…

I always wonder, how many people would actually buy the brooklyn bridge if someone tried to sell it to them...

Re: Elon Musk owns Twitter: The story so far

#646

Earlier quoted context omitted.

I think it's going to be more in the other direction. He really hates the bots, so he'll probably close up the API. Until bots gets solved, no developer should expect the API to open up.

The problem isn't the bots, the problem is the lack of differentiation between bots and real accounts. I say open up the API and let people make whatever bots they wish, but if you tweet through the API then you get a big "BOT" tag next to your username on the feed.

Musk hates bots mainly because of all the єɭ๏ภ ๓ยรк wants to give you free money scams. That isn't really caused by the API

Re: Elon Musk owns Twitter: The story so far

#647
post #626

Earlier quoted context omitted.

Every one of us has run into situations where choosing to be honest has materially cost us. You accidentally scratch a parked car on your way out. Do you stop and leave a note with contact info or not? The richer you are, the more leverage you have and larger the material cost for these situations. A fellow rich friend gives you a little insider info that a stock you hold is about to crater. Do you sell some? In othe…

If anything I'd say it's the opposite. A random person can get away with cons and scams for a long time. Whenever they get caught, they can just set up shop somewhere else. They can change their name (or simply lie to others about their name). Famous people can't do that. If you're famous, you can commit one scam before your reputation is ruined. Even if the story manages to avoid the news, people talk and word sprea…

Trump University was a scam - it didn't stop Trump from being elected.

Re: Elon Musk owns Twitter: The story so far

#648
post #634

Whenever I go on vacation overseas Twitter shows me ads in a language I cannot understand. This is one of many clearly-identifiable problems that are not rocket science to fix. And Elon Musk has a reputation for fixing problems. When Twitter shares are publicly traded again in a few years, Musk's purchase price of $44 billion will look like a bargain. My prediction: In 5 years Twitter's market cap will exceed $150 bi…

Yeah, I experience the same thing on YouTube. It's entertaining, so I'm not really complaining, but it's of course wasted money for an advertiser to try to sell me a subscription to a local streaming service or buy shampoo that I've never heard of.

It shouldn't be that hard to realize I'm only visiting a place and that they should keep serving me whatever ads I would see at home (or maybe tourist related stuff).

Re: Elon Musk owns Twitter: The story so far

#649

My predictions: 1. Musk is going to discover (and maybe admit?) that fixing Twitter is harder than he thought. It will be just like self-driving, which seems straightforward, but which actually has thousands of edge cases which are hard to solve with a single general system. Nevertheless, he will persist, because that's what he does. 2. Current Twitter makes a profit on advertising, which means Twitter needs to encou…

Musk is going to discover (and maybe admit?) that fixing Twitter is harder than he thought.

Yeah I think he's going to intensely focus on Twitter for ~6 months, not change much, get bored, and then move onto something else.

Post reply on HN