4 ms·
I can empathise with both ends of the table here, but you have to agree that entering such a world of pain as moderating Twitter and re-shaping it's dynamics vo
by thejackgoode 4y ago
I can empathise with both ends of the table here, but you have to agree that entering such a world of pain as moderating Twitter and re-shaping it's dynamics voluntary (and paying $43B for it!) is yet another thing done by Musk that you will see once in a lifetime. This is "bread and circuses" of our time.
- hooande 4y agoI do agree. I can't think of a precedent for this. Usually wealthy people get that way by making good investments. This is like the richest person in the world spending 15% of their net worth to buy Blockbuster in 2006
- foolfoolz 4y agothis is no blockbuster dead end company, elon will have significant influence over the 2024 election
- PaulKeeble 4y agoEvery really rich guy needs a media company of some description to provide their narrative control to maintain their wealth. 30 years ago a billionaire would have bought a newspaper to exert their influence, today you would buy social media sites to achieve the same.
- thejackgoode 4y agoYou are right in general case, but I somehow doubt Musk needs Twitter to achieve narrative control (maybe, as opposed to Bezos with WSJ). It's hardly possible for him to not be able to get across the message. Good public image is evidently his priority, I am just thinking that buying Twitter is not an optimal way to achieve it. He might have something bigger in mind.
- andruby 4y ago> 30 years ago No need to go that far back. [0] [0] https://en.wikipedia.org/wiki/Jeff_Bezos#The_Washington_Post https://en.wikipedia.org/wiki/Jeff_Bezos#The_Washington_Post