MovieChat Forums > Elon Musk Discussion > Destroyed the greatest social media plat...

Destroyed the greatest social media platform ever created


And I will never forgive him for it

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Myspace was the greatest. No idea why people chose the vastly inferior Facebook. Twitter was always garbage. Now it's garbage with less censorship.

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"Now it's garbage with less censorship."

thats it in a nutshell.

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If Marxists like you were allowed on Twitter, it CAN'T be Great! It's still full of conspiracy nuts and misinformation.

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Interesting opinion piece, claiming that Musk's Twitter takeover has trapped the right-wingers in an online echo chamber, much like the Dems in 2016.

https://www.theguardian.com/commentisfree/2024/sep/25/elon-musk-twitter-online-democrats-social-media-republicans

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It isn't an echo chamber.
It is a truth forum. Bullshit gets community notes and there is no safespace promoting censorship protecting the pathetic and weak minds of the spiteful mutant wokels.
The spiteful mutant wokels can no longer spread their bullshit with impunity, so they mostly fucked off, as they should also do from this plane of existence. They are the weak people who should have died when they were babies, but modern medicine and the welfare state keeps the spiteful mutants alive and thriving.

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Elon Musk’s X is worth nearly 80% less than when he bought it, Fidelity estimates

https://edition.cnn.com/2024/10/02/business/elon-musk-twitter-x-fidelity?cid=external-feeds_iluminar_google

The social media platform formerly known as Twitter is worth almost 80% less than two years ago when Elon Musk bought it, according to estimates from investment giant Fidelity.

X no longer trades publicly after Musk shelled out $44 billion to take it private in October 2022.

However, Fidelity discloses what it believes is the value of its shares of X, and those estimates serve as a closely watched barometer for the overall health of the company.

As of the end of August, those shares were worth just $4.2 million, according to a Sunday filing by Fidelity’s Blue Chip Growth Fund.

That new estimate marks a 24% drop in value from what Fidelity estimated as of the end of July. And it represents a staggering decline of 79% from the $19.66 million that Fidelity estimated the shares were worth in October 2022 when Musk acquired Twitter.

The new valuation from Fidelity implies that it believes X is now worth just $9.4 billion — a far cry from the $44 billion that Musk paid. Other investors could value X differently.

Analysts say Fidelity’s plunging price tag for X likely reflects shrinking ad revenue at the company, which no longer publicly releases quarterly financial metrics.

Fidelity declined to comment on individual companies.

X did not respond to a request for comment.

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And people really think he is a good business man.

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Since the Elon buyout:
https://www.neogaf.com/threads/x-twitter-is-now-worth-9-4-billion.1675678/post-269641993

Pros:
-Community Notes
-Removal of unreasonable ultra-progressive community standards (e.g., permanent bans for stating that men and women are different, permanent bans for "deadnaming" even accidentally)
-Decreased censorship of legitimate news that falls on the wrong side of a partisan aisle (e.g. laptop story being buried, Wuhan)

Cons:
-Removal of virtually all standards has degraded the level of discourse down to zero -- the platform is overwhelmed with Nazis, porn spam, impersonators, scams, bots
-Blue checks are no longer a notability/authenticity filter, so parsing the platform is much worse
-Elon's personal posts are now effectively pinned to the top of the platform, so he dictates a large part of the daily discourse instead of it happening organically
-Revenue sharing has incentivized engagement farming/spam to new heights

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-Removal of virtually all standards has degraded the level of discourse down to zero -- the platform is overwhelmed with Nazis, porn spam, impersonators, scams, bots

Apart from the spam and the scams (which can be policed and blocked) I don't see a way around this problem without curtailing free speech the way Twitter did before Musk bought it. The problem is inherent to social media. Mike Tyson was exactly right when he observed "Social media made y'all way too comfortable with disrespecting people and not getting punched in the face for it."

While I'm not advocating physically assaulting someone just because he's pissed you off, the fact is that in face to face interactions people do understand that if you make yourself too offensive to someone, or goad him beyond endurance, that might just happen, and people tend to moderate their behavior as a result. But on social media, behind the safety of his internet connection, his username, and the hundreds or thousands of miles of distance that separates the keyboard warrior from his target, he can be as nasty as he likes, with no fear whatever that his target will knock his block off.

This sort of situation is bound to turn any social media site into a cesspool.

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Nonsense.
You are describing every forum in the golden age of the internet before the corporations and PACs took over. The only real issue is all the bots, but those are present on every other large social media/forum site, too, and were present on twitter before it became X to at least the same degree, but likely much more previously.

Communists and corporations got upset that they can no longer control the discourse.

They can fuck right off. They add nothing of value and instead detract from the beneficial aspects of the internet.

Anyone who thinks people should be censored is not mature enough to be online.

Censorship is telling a man he cannot have steak because a baby can't chew it.

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Rescued and improved Twitter by releasing it from the death grip of the far left and opening it to free speech, which is probably the most important feature of the United States Constitution. Leftist First Amendment haters' heads explode, of course, because they cannot abide anyone saying anything they don't agree with.

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Yup, that's what I see.

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Yep. And isn't it curious that nobody hated him before he did that? The same people calling him a Nazi now praised him for helping to save the planet with his electric cars.

Similar thing happened to Trump. Before he came down that escalator and announced he was running for president on the GOP ticket, nobody had a problem with him. They were glad to take his donations, socialize with him, be photographed with him, give him cameos in movies, etc. Then he upset the establishment, and he became Hitler 2.0 almost overnight -- true, he's never done anything like have a Kristallnacht or Night of the Long Knives, he's not antisemitic, he hasn't ended elections, rounded up entire peoples and sent them off to extermination camps, or begun a war of world domination, but he's still Hitler dammit! Actually, he's even worse according to the Atlantic, now he's Hitler, and Stalin, and Mussolini all at once! Talk about an overachiever.

If he wins the election, he'll probably also become Mao Zedong, Kim Il Sung, and Pol Pot somehow as well.

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It's weird.... I'm living a life completely devoid of Twitter X since inception and i am not missing a thing.

Life is good with minimal social media

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Twitter was garbage.

I got banned for saying the covid vaccine was an RNA Inhibitor, not a vaccine, and that's what it was.

Now, I believe it's a tracking trap for people with unpopular opinions.

He said he kicked out the FBI for running it, but it's now a much better tracking device for the government, which he works for.

Epstein was supposed to be an Israeli blackmailing agent. His focus was sex. Musk is likely something similar running a site that leads people to vent unpopular ideas while tracking them through the internet.

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