Technology

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

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.

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.

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.

I don’t see the logic in making this change. Is someone supposed to want to join blue just so they can DM people that haven’t changed the default setting?

Everytime, they raise the bar

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.

Dead platform

But you can change it back. Here's how.

At this point, why even bother?

Damn, Mr. Musk could have made more money betting on stocks mentioned in r/wallstreetbets, and they ALWAYS lose money. Dude seriously needs to have twitter do the opposite of what he thinks.

I have never seen a billionaire try to go from billions to zero so hard in my life. It is like he is showing the U.S. government why billionaires shouldn’t exist.

Is there a fund that lets me do long term shorts on rich people?

Who is still interested in that stite it's actually baffling at this point that there are still people on there.

"How to burn 44 billion dollars within a year" by Elon Musk

✅ alienated advertisers ✅ alienated right wing by curbing free speech despite saying the opposite ✅ alienated left wing by letting the right wing go rampant ✅ restricting core functions

Wow how is that going to be profitable for him? I don't see it.

To be honest, this is the only reason why I still have Twitter. I use it to contact various companies and ask for tech support. If I can't do that now, then there's no point to keep the account alive. Self-proclaimed genius is kind of an idiot. Just recently he complained about 50% drop rate in ad revenue, after killing ability to view tweets without account.

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.

What happens to Twitter can also happen to your Tesla. Buyers beware.

But you can change is back. Here's how

Why? Why waste the mental resources fighting to make a platform work for you? Just let Twitter die

Gotta save on those server costs.

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

Elon: why is our revenue tanking?

Elon does not want you to use Twitter. Please let that sink in.

https://img.etimg.com/thumb/width-420,height-315,imgsize-34040,resizemode-75,msid-95114769/magazines/panache/let-that-sink-in-elon-musk-struts-around-twitter-hq-with-washbasin-in-hand-ahead-of-44bn-buyout-deadline/elon-musk.jpg

Seems like Reddit and Twitter are having a race on who can burn their house down faster.

Watch it burn lol

Ultimately he wants all users to be paying users.

Louis Rossman has stated in a few of his Youtube videos that he would make more money if you sent him $1.00 than if you watched adds in a years worth of videos. I don't imagine that Twitter or Reddit are any better.

I think that what we're actually seeing is the death of advertising supported services. There's just not enough money in adds to be viable and there's no more free investor money to burn.