- cross-posted to:
- doingmypart@lemmy.world
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With the way he’s running this, I’m a bit confused as to why he didn’t just buy Truth Social directly. Wouldn’t have cost him nearly as much.
Remember the 50% number is just what he was comfortable with publishing to the public
We have no reason to believe his public statistics
100% of the ads I see on Twitter today are dropshipping scams, while in the pre-musk era they were highly targeted to my job and interests to the point that if there wasn’t the “ad” tag I couldn’t distinguish that.
They can’t cost the same for the advertiser, a generic dropshipping scam that targets everyone must be cheap
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plus, twitter could track the impressions and conversion rates, so they could charge even more for that, too.
Indeed. Elon is a pathalogical liar.
Why would he tweet about his losses in the first place? I applaud his openness (/s) but I doubt any investors or advertisers will come running to a dying social networking.
He thinks it gives him an excuse to escalate his erratic decision-making.
I think it’s either better than 50, or he expects it to be better shortly so when he says it’s 40, he can celebrate how good he did for the +10.
If your losses are at 80% and you tell everyone they’re at 50% you can try to spin the story in your favor.
The ~ has an error of +/- 50 percentage points.
What does he has to gain in lying anyway? It’s not like he cares about what investors think since Twitter is now a private company owned by him.
He’s a pathological liar. He doesn’t gain anything from it
You’re painting him like he’s a super villain, that’s pure hate for him. Why?
Has Elon musk done a lot recently to earn your trust and support?
Wait, the white supremacists and Nazis that he caters to aren’t making up the ad revenue? Well I’ll be!
Maybe… I don’t know, just throwing ideas out there… you shouldn’t have Musked all over Twitter nor fired its core developers? Again, just thinking out loud…
Not even just that… Alienates all potential leftwing/brand friendly advertiser’s through changes and being the spokesperson for the platform.
“We’re down 50% how could this have happened???” - Elon Musk
Dude needs to stfu, make an alt account. He has chosen to be the spokesperson for the platform. Spouting off conspiracies and controversial takes. You can’t be surprised nobody wants to associate with him.
He is a liability and a brand risk. Sure he can have his opinions but here is the problem…
He has chosen to be extremely public and force those opinions onto the average consumer feed due to his narcissistic tendencies and it is biting him in the ass.
No sympathy. He wanted free speech, (albeit it isn’t because he is okay as long as it doesn’t criticise him or his affiliates.) now he has his free speech platform but in the same way advertisers can chose not to engage with it.
make an alt account
But then nobody would know it’s him and the tweets would get no attention
Or saddled the business with 10 billion in debt? Shit is like an ouroboros…
Genius at work coming through!
Let that sink in!
- Your Google search result redirects to Twitter
- you click and open the link
- Twitter asks you to login to see the tweet.
- You close that tab and move on to next search result.
Best way to avoid traffic to your site, then complain about revenue loss from advertisements.
medium started doing the same shit, sometimes it has interesting articles I’d like to read, but then they started putting in behind registration so I just no longer open medium links.
Hell, medium should be paying me to read them
If it’s something interesting I would really like to read, I put it through https://archive.ph first.
Honestly my wild guess is that he’s trying to make Twitter profitable from subscription based services and not so much from ad revenue.
Can’t really have free speech if platform depends on advertisers and investors.
Perhaps. But a rather large issue arises when your content is generated primarily by users who wouldn’t want to pay for a service.
There is also the issue where if you are having to pay to get around interaction limits is it really free speech? Or just limited to those that can afford to pay?
I think these limits were increased to a point where they are not really bad or they were removed. The point of them was to prevent scraping to train AIs
Imagine using Twitter to train AI. “Why is my AI such an asshole!?”
I’d argue it’s a poisoned dataset. You can’t validly train an AI based on content that contains a non-trivial percentage of bot-generated content.
Could be meant more like to influence elections…
He doesn’t really care about free speech. Just his opinions. (He is shadowbanning Ukrainian accounts btw)
Which accounts?
- *changes URL to nitter.net*
Didn’t work when they blocked non-registered visitors.
It is working now though, the login restriction on the official Twitter website is still in place
Oh damn, I did realise it’s working again a few days ago, so I just assumed Twitter is open too.
Step 3: Profit!
+++
Please don’t turn this community into another Musk news ticker.
Weird, users can’t access the site, so ad revenue goes down?? Nobody can blame Elon, that’s literally impossible to predict. Maybe if he bans users from tweeting more than once a day it will get better?
Maybe it’s the advertisers. They’re racist and hate Musk because he’s African. That must be it. Couldn’t possibly be anything else.
I’m not waiting to see Twitter fail. I’m just hoping that the federated alternatives for Twitter and Reddit will get more mainstream. And I must say that I’m happy with the way things are evolving at Mastodon and Lemmy.
That’s actually a better outcome, quarantine the crazies in twitter and/or reddit while the mainstream happens in the fediverse.
The mainstream ARE the crazies now, though. The outliers, and only some of the outliers, are sensible, smart people.
That’s a sad commentary of our society as a whole. :( but still, the optimist in me wishes it were reversed.
I don’t see Twitter failing. Perhaps this is just going according to plan too. I think the more likely case is that it becomes something like a social network version of Fox.
You just described Truth social
That’s exactly what I had in mind but I’d rather not give it any sort of mention. I hope it dies in obscurity.
Twitter is Fox, TS is more like NewsMax.
Troth senchal
So its failing.
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Im pretty bummed Blue Sky chose to write their own protocol. Many of my friends who are not techie chose to go there rather than learn the fediverse.
Hmm maybe putting in rate limits, thus greatly reducing the amount of time people spend on the app, isn’t the best strategy for a platform whose main source of revenue comes from advertising?
Elon complaining about this just reminds me that he can afford to lose ~50 billion dollars and still be one of the wealthiest people ever to have lived.
He’s below his height of wealth, but he’s still #1 and has 250 billion
I remember a fellow saying Elon is a very business savvy person, because of his 2 other successful companies, Tesla and SpaceX. I guess ruining communications with potential advertisers on a platform that depends entirely on advertisers wasn’t a very intelligent move.
TIL how loooong it takes for a largeish business to die. It’s hard to grasp scale I guess. I thought it would be over in months.
I find it hard to believe Facebook is so terribly great. Keep in mind these are not businesses like a grocery store; they’re publicly traded and the metric is growth, not profit. (Edit: Twitter is private now no idea how that change is accomplished.)
Truly, I’m hoping they all die.
Go Fasc, lose cash!
Fuck you, Musk. Piece of shit.
OK ill have to steal this one
Go fac die back.Mock woke go broke. Insist on heros retain zeros.
Here is an alternative Piped link(s): https://piped.video/qcz6sGGkmVg
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I’m open-source, check me out at GitHub.
*go woke, go broke. ftfy
Of course! It’s because of Threads! Don’t you guys get it? They stole their secrets!! It has absolutely nothing to do with how things are being run on twitter or because Elon Musk is a genius!!!
…
Fuck Musk and fuck twitter and all that goes with it.
