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I don't believe in nor really care about his points regarding "free speech" (whatever that even means, considering everyone has a different concept of it). How
by Nextgrid 5y ago
I don't believe in nor really care about his points regarding "free speech" (whatever that even means, considering everyone has a different concept of it).
However I believe the current model of social media being funded by "engagement" has peaked, is hard to grow in a world already saturated by advertising, and is at risk from privacy & pro-consumer legislation slowly being enacted around the world.
I just don't see a future in the current model, yet the social media industry seems to be stuck in this local maximum without an easy way out. A hostile takeover of a large existing player by a risk-taker is the "kick in the butt" that the industry needs. It may go well, it may go wrong, but IMO it's at least worth a try.
- computerdork 5y agoGood point, Twitter is a bit of a mess. hmm... But a huge worry is that Twitter has become such an important mass-media tool, and if he messes it up, it could become even more the goto outlet for politicians, autocrats, or even just businessmen with bad intentions to sway public opinion. Yeah, as mentioned, Elon is a god, but in my humble opinion, his talents are in engineering (and Twitter just seem like a problem an engineer wouldn't even want to solve).
- mym1990 5y agoYou would be surprised, Instagram is showing pretty dramatic revenue growth over the past 4 years and it doesn't seem to be slowing down. Global expansion into developing markets will continue to fuel that 'funding' for social media companies. On the ad side, humans seem to be pretty ok with buying more and more and more stuff.