5 ms·

Why is anyone still believing this stuff? How is anything on Twitter taken seriously anymore??

parker_mountain 4y ago
> How is anything on Twitter taken seriously anymore Although the average user on HN is terminally online, most people still view Twitter as a useful utility. Every day Elon continues this charade is a day of incredible, massive brand damage. Someone posting Eli Lily was pricing insulin for free caused their stock to plunge - along with other biotech companies. Someone convinced many people that an official Nintendo account said Mario was gay. No wonder advertisers are pulling their ads.
- flutas 4y ago
  >Someone posting Eli Lily was pricing insulin for free caused their stock to plunge - along with other biotech companies. Not really. Context: they had other massive profits lost (125k/dose medication). https://twitter.com/quantian1/status/1591149510168039426 https://twitter.com/quantian1/status/1591149510168039426
- ianai 4y ago
  But we’d all be better off if people knew to take the internet with appropriate doses of skepticism.
netsharc 4y ago
I guess it's traders gambling, "We're not sure if it's true, but if it's true, then we need to be ahead of the rest of the market!". Interestingly, if I were a trader and I knew the Eli Lily tweet was fake, would I ask "What are the chances a many people are going to fall for this, and how will they react, and can I make a profit out of their stupidity?"
- ianai 4y ago
  That’s one way to disprove the efficient market hypothesis.
blibble 4y ago
> How is anything on Twitter taken seriously anymore?? it was ever taken seriously?
- oneeyedpigeon 4y ago
  Not sure what country you're in, but here in the UK, a non-zero amount of our news coverage is built on the twitter house of cards. And if you're in the US, it seems a significant part of your politics is affected by twitter too.
  - vkou 4y ago
    That's because it's very cheap for an acolyte of twosidist 'journalism' to take 10 minutes to scroll through Twitter, find an inflammatory hot take by @weedfeast68, and spend a few minutes talking about how 'Twitter is saying <ridicilous thing>' It's the digital equivalent of picking a rando off the street to ask him for his opinion about the optimal deployment of pacific aircraft carrier groups, and of homelessness trends downtown, but it doesn't even require the journalist to get out of his chair.
newZWhoDis 4y ago
Funny that you say this, taking OP at face value that the account was verified (it was not). You’re doing the same thing
- matai_kolila 4y ago
  What does verification have to do with this?
aaron695 4y ago

> How is anything on Twitter taken seriously anymore Although the average user on HN is terminally online, most people still view Twitter as a useful utility. Every day Elon continues this charade is a day of incredible, massive brand damage. Someone posting Eli Lily was pricing insulin for free caused their stock to plunge - along with other biotech companies. Someone convinced many people that an official Nintendo account said Mario was gay. No wonder advertisers are pulling their ads.

flutas 4y ago
>Someone posting Eli Lily was pricing insulin for free caused their stock to plunge - along with other biotech companies. Not really. Context: they had other massive profits lost (125k/dose medication). https://twitter.com/quantian1/status/1591149510168039426 https://twitter.com/quantian1/status/1591149510168039426
ianai 4y ago
But we’d all be better off if people knew to take the internet with appropriate doses of skepticism.

netsharc 4y ago

I guess it's traders gambling, "We're not sure if it's true, but if it's true, then we need to be ahead of the rest of the market!". Interestingly, if I were a trader and I knew the Eli Lily tweet was fake, would I ask "What are the chances a many people are going to fall for this, and how will they react, and can I make a profit out of their stupidity?"

ianai 4y ago
That’s one way to disprove the efficient market hypothesis.

blibble 4y ago

> How is anything on Twitter taken seriously anymore?? it was ever taken seriously?

oneeyedpigeon 4y ago
Not sure what country you're in, but here in the UK, a non-zero amount of our news coverage is built on the twitter house of cards. And if you're in the US, it seems a significant part of your politics is affected by twitter too.
- vkou 4y ago
  That's because it's very cheap for an acolyte of twosidist 'journalism' to take 10 minutes to scroll through Twitter, find an inflammatory hot take by @weedfeast68, and spend a few minutes talking about how 'Twitter is saying <ridicilous thing>' It's the digital equivalent of picking a rando off the street to ask him for his opinion about the optimal deployment of pacific aircraft carrier groups, and of homelessness trends downtown, but it doesn't even require the journalist to get out of his chair.

newZWhoDis 4y ago

Funny that you say this, taking OP at face value that the account was verified (it was not). You’re doing the same thing

matai_kolila 4y ago
What does verification have to do with this?

aaron695 4y ago