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Earlier quoted context omitted.
I don’t think the 1B/year shows issue on cloud pricing. It’s instead bloat of twitter’s setup. That’s way in excess of what should reasonably be spent. I suspect there’s a lot of bad coding practice going on. Of which the bulk is data analytics.
AWS profit margin is something like 35%. I think some of their infra is there, so that might be an upper bound?
https://blog.twitter.com/engineering/en_us/topics/infrastruc...
I dislike Elon Musk as much as the next guy but why are people upset about Twitter burning to the ground? It’s just another paint brush used to paint the downfall of our society. Good riddance. I hope Elon goes under with them. This is a platform built on driving clicks and driving clicks on fear and anger. More fear = more clicks = more ad revenue = negative feedback loop. Just like the New York Times. Just like NPR…
If Twitter was paid for by its participants then they would not have to put up with advertisers. Right now the advertisers subsidize the operational costs so they get to dictate what features are developed and what kind of invasive access they have to behavioral data for optimizing their marketing campaigns.
I worked at a large valley based company that had their own data centers and badly wanted to decrease infra spend. It's WAY harder than it sounds. Remember Twitter is not a profitable company which means the likelihood of a bunch of low-hanging fruit for savings is very low. That's been done already. There are not likely "oh look we found a whole DC sitting idle, oops" sort of savings. Any vendors they use are ALREAD…
I dislike Elon Musk as much as the next guy but why are people upset about Twitter burning to the ground? It’s just another paint brush used to paint the downfall of our society. Good riddance. I hope Elon goes under with them. This is a platform built on driving clicks and driving clicks on fear and anger. More fear = more clicks = more ad revenue = negative feedback loop. Just like the New York Times. Just like NPR…
I don't think ad-tech is going away anytime soon. It would be nice but it's not gonna happen because the fundamental problem is not the ads but the fact that most social networks are not sustainable without advertising so the platform participants end up being treated like cash cows that are milked for all they're worth. If Twitter was paid for by its participants then they would not have to put up with advertisers.…
I dislike Elon Musk as much as the next guy but why are people upset about Twitter burning to the ground? It’s just another paint brush used to paint the downfall of our society. Good riddance. I hope Elon goes under with them. This is a platform built on driving clicks and driving clicks on fear and anger. More fear = more clicks = more ad revenue = negative feedback loop. Just like the New York Times. Just like NPR…
I don't think ad-tech is going away anytime soon. It would be nice but it's not gonna happen because the fundamental problem is not the ads but the fact that most social networks are not sustainable without advertising so the platform participants end up being treated like cash cows that are milked for all they're worth. If Twitter was paid for by its participants then they would not have to put up with advertisers.…
Maybe this will shake out just fine anyway.
Elon used to be a software engineer so it's kinda weird how he thinks a legacy codebase like Twitter can be fixed up to use $1B less every year. Twitter is limited mainly by storage, their compute costs are negligible in comparison. So unless there is so much bloat in their hardware procurement process that they're over-provisioning storage by more than $1B a year there is no way to reduce costs. The hardware costs w…
If they laid off 3700 people, assuming 200,000 dollars each, that's 75% of the way there. edit: oh, I suppose you wouldn't consider personnel "infrastructure". I'll keep this up despite how off topic I am, it's interesting to compare the reduced cost in labor to the stated goal in reducing infrastructure costs. A billion here, a billion there... Soon we're talking about real money.
$1bn, the exact amount of debt interest Twitter now has to pay off after Musk saddled it with so much debt. So much of this feels like such a waste. I don’t have any problem with the idea of someone taking Twitter private in order to fix it. But with this kind of debt financing and with a CEO that doesn’t seem to understand the company (and tried to get out of buying it)…
Musk himself took on ~$12 billion to finance the deal, that debt isn't on Twitter's books.
$1bn, the exact amount of debt interest Twitter now has to pay off after Musk saddled it with so much debt. So much of this feels like such a waste. I don’t have any problem with the idea of someone taking Twitter private in order to fix it. But with this kind of debt financing and with a CEO that doesn’t seem to understand the company (and tried to get out of buying it)…
Wait, what debt has Musk made Twitter take on? (being at the helm mere days, I really doubt there's any, debt like that takes longer to raise) Musk himself took on ~$12 billion to finance the deal, that debt isn't on Twitter's books.