[1] https://i.redd.it/5hgt89c599y91.jpg
[2] https://external-preview.redd.it/LvQhCbGd3mXlAjyj0GktvQaAJ_3...
In a sea of a 500,000,000 tweets...
...a day...
Are you familiar with the term statistically insignificant?
Isn't it? Ok, maybe Musk has a magic wand that he can use to make it profitable (which it has been for only two out of the last 12 years), or is willing to subsidize it indefinitely out of his deep pockets... but I wouldn't bet on it.
You seem more confident than Musk is reported to have been in today's sudden all-hands meeting; what do you know that Musk doesn’t?
People who do not understand bankruptcy laws often perpetuate wrong myths. Bankruptcy is just a legal insolvency mechanism to stave off problematic creditors, while you find way to handle assets against the liabilities of the company. A bankruptcy isn't always the end of the world, and smart businessmen know this.
Musk has a ton of people advising him on legal issues. It's possible that he's making the wrong business moves, but the fact that he's publicly seeing ahead at the possibility of bankruptcy, tells us that he's navigating the waters cognisant of avoiding it rather than to ensure the outcome arrives.
Is that a good or bad thing? I don't know, in an ideal world humans could self-regulate and make good decisions about how they use information. The status quo is that we cannot control ourselves, and need to have sophisticated controls that filter out objectionable info.
Digg, Myspace, Google+.
They don't have to disappear but they can fade away into irrelevance.
Social Media is how people interact with the world now, most info we receive is filtered through it in some form. In the last 10 or so years the idea that these platforms need tight moderation to control what and who is speaking on them has become ubiquitous. I think his main gamble is that the future of social media does not involve automated moderation and tight content restrictions, but a more open platform and he is gonna use twitter to play that bet out. It isn’t a horrible bet.