this post was submitted on 16 Jul 2023
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[–] [email protected] 26 points 1 year ago (1 children)

I think it's important to remember that musk has never actually done anything to innovate the companies he's been a part of. He didn't create PayPal, he just bought his way in and made a series of dumb suggestions. He didn't create Tesla, he bought Tesla right after they had fine tuned their models, and then he made a series of changes that likely resulted in a worse product.

Elon Musk is not a good businessman, he's just rich and has a habit of purchasing profitable companies. Anyone could do this with his wealth. I'm not even really convinced that he's offered many technical ideas or designs for any of his companies, as it seems that would be the first thing he would mention every single time someone brought up one of his companies.

[–] [email protected] 11 points 1 year ago (1 children)

But open AI wouldn't even exist without him! After all, he contributed less than 10% of their raise and he suggested the name. You can't have a company called Open AI if nobody names it Open AI.

He's a dumbass, and his worshipers deserve him.

[–] [email protected] 3 points 1 year ago (2 children)

The moment I fully knew he was a fraud was when I heard him talk about ai.

[–] [email protected] 11 points 1 year ago

I think it was the submarine thing where the mask slipped for all to see.

Musk: "I'm making a magic submarine to rescue those poor boys. Oh it doesn't work, hang on a bit."

Diver: "It's alright, I rescued them the old fashioned way!"

Musk: "... Pedo."

Nothing like a big strop in front of everyone to show us all the thin skinned narcissist he was all along.

[–] [email protected] 3 points 1 year ago

The moment I fully knew he was a fraud was when I heard him talk ~~about ai.~~

[–] [email protected] 6 points 1 year ago (1 children)

Who knew that removing functionality and limiting access to your product was the path to social media success.

[–] [email protected] 6 points 1 year ago (4 children)

Apparently reddit attended the same workshop.

[–] [email protected] 4 points 1 year ago (1 children)

Spez literally said in an interview that Musk's handling of twitter is what inspired him so

[–] [email protected] 3 points 1 year ago

“This guy lost like $30B under a year. I wanna be just like him!”

How fucking stupid are these people?

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[–] [email protected] 6 points 1 year ago (3 children)

The longer this shitshow goes on, the dumber Elon looks. Who could idolize him at this point?

[–] [email protected] 7 points 1 year ago (3 children)

My parents, tryna force me to work for him cause "he's such a great person! Could you do a better job than him!".

Mostly my dad suggesting me to be "the next musk" which honestly horrifies me

[–] [email protected] 8 points 1 year ago

And you don't immediately respond asking for some startup cash?

[–] [email protected] 3 points 1 year ago

Could you do a better job than him

"I could've not drunk-bought Twitter, thereby saving $44 billion."

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[–] [email protected] 1 points 1 year ago

if it annoys you to worship him they'll do it twice as hard.

[–] [email protected] 1 points 1 year ago (1 children)
[–] [email protected] 1 points 1 year ago

And he panders for that crowd hard, which only makes him look more pathetic.

[–] [email protected] 5 points 1 year ago

We're living in very interesting times indeed.

So we have one billionaire over in Meta, who's been making it very known how predatory in practice he is with getting your data and they fundamentally shatter the functionality of all of their platforms.

Then, we have this billionaire here who under a year, has made a total catastrophe of what was once a thriving platform once worth billions of it's own until he came and acquired it.

And then we have this not-a-billionaire who, is inspired by the self-destruction of the other platforms that they too, must follow suit, in hopes of aspiring success.

I wonder what book they're all reading from in the ways of business, that says if you suck harder, they'll mean a net positive.

[–] [email protected] 4 points 1 year ago (14 children)

Ad revenue is down (at least) 50% and they just keep making decisions that kick people off their platform.

I’m pretty sure Twitter advertising and Reddit advertising are in a race to the bottom to see who’s going to have to pay companies to put ads on their site first.

It’s insane to watch this happen. I remember watching the rise of Twitter as a kid and it becoming ubiquitous with social media, only to see it crash down this quickly.

I’m speculating, but I’d guess a lot of functionality is being limited because they don’t have dev staff to maintain it, as well as trying to cut server costs as much as possible. I’d honestly be surprised if musk was making these decisions because he thinks it’s good for the health of the platform. There has to be some ulterior motive for it.

[–] [email protected] 3 points 1 year ago

It is unfathomable to me how Reddit isn't profitable.

Facebook makes a mint by telling advertisers, "trust us, we'll get your ads in front of people who might buy your product based on a lot of inference around their fairly generic profile data plus some tracking cookies". One guy should be able to sell a billion dollars worth of ads on Reddit. Just put up a form that says, "which subreddit do you want to advertise in?" and "what's your credit card number?". That's it. They have like 10,000 completely segmented markets just sitting there full of hundreds of millions of people who have self-selected to be members of those communities.

We spend hundreds of billions of dollars collectively trying to figure out which google search terms might find us a few more solid leads. Reddit has an amazing list of them for every company in the entire world. How in the everloving fuck have they managed to blindly bumble around for two decades without ever falling into the giant pile of money in front of them?

[–] [email protected] 2 points 1 year ago* (last edited 1 year ago) (2 children)
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[–] [email protected] 1 points 1 year ago* (last edited 1 year ago)

It’s funny how the biggest fuckups are happening to the platforms that critiqued the billionaire class the loudest.

Hmmm

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[–] [email protected] 4 points 1 year ago (5 children)

twitter is becomming painful to use everyday

[–] [email protected] 1 points 1 year ago

Why not move to Mastodon?

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[–] [email protected] 3 points 1 year ago (1 children)

Such an amazing platform. ran by a genius.

[–] [email protected] 2 points 1 year ago

s/ran/run into the ground/

[–] [email protected] 1 points 1 year ago (7 children)

The didn't buy Twitter for a profit.

He bought Twitter to destroy it because big free horizontal communication platforms are bad for billionaires.

He can't just close it, so he just destroy it little by little until it is no more.

The same way conservative groups bought Tumblr because it was too sexual liberating for their conservative views.

[–] [email protected] 6 points 1 year ago (3 children)

he offered to buy twitter for a joke, and he actually did buy twitter because a court forced him to. not because this was some grand plan to accomplish anything - he literally spent months in court arguing that he shouldn't have to buy twitter, and he lost. that's the only reason he owns twitter now.

[–] [email protected] 3 points 1 year ago

You cannot make a "joke" offer file it with the SEC and expect to get out of it.

[–] [email protected] 2 points 1 year ago

Yeah, he owns it because he's a dumbass and he's running it into the ground like a dumbass

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[–] [email protected] 4 points 1 year ago (1 children)

He bought Twitter by mistake, and was forced into it by Twitter shareholders who saw the opportunity to make bank.

[–] [email protected] 3 points 1 year ago

"mistake" in this case actually means by shooting his mouth off and thinking he was smarter than everyone else in the room. He fucked around, then immediately began finding out.

[–] [email protected] 2 points 1 year ago

You give Musk too much credit. The fucking guy is a big baby with impulse issues - who happens to have billions of dollars at his disposal. He is running Twitter exactly as I would think a dipshit narcissistic tantrum baby would run it, although dismantling Twitter does coincidentally benefit the top .1% for now

[–] [email protected] 1 points 1 year ago (5 children)

Why couldn't he just close it, if that was his goal? He owns it outright doesn't he? He could announce that Twitter was ceasing operations, sell off the remaining assets, cover (or default on) the debts, and then Twitter would be no more.

So no, I don't think destroying it was his aim. He's just really, really bad at this.

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[–] [email protected] 1 points 1 year ago

Exactly. His old friend Peter Thiel couldn't make a rival platform take off, so Musk bought Twitter and saddled it with an untenable $13bn of debt.

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[–] [email protected] 1 points 1 year ago (1 children)

I can't think of another product I know more about that I don't use. Just die already, elon is killing you in public to remove the threat of Twitter as an organizing tool for social uprisings and labor as a favor/brownie points/roundabout contracting for other billionaire "buddies".

Just go.

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