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> Automotive and aerospace are not that similar to social media. Yes. Social media is easier. > It's the Halo Effect fallacy to think competence in one field
by spaceman_2020 4y ago
> Automotive and aerospace are not that similar to social media.
Yes. Social media is easier.
> It's the Halo Effect fallacy to think competence in one field automatically translates to another.
This is precisely about leveraging the Halo Effect fallacy. Elon Musk might not know social media, but the markets don't know that, nor do they care. The average retail trader sees "Elon Musk's company" and buys and holds, regardless of absurd PEs.
Musk knows the power his brand has. He's simply going to use that to pump up Twitter's valuation, all through the virtue of his "halo"
- saagarjha 4y agoDealing with people is generally far harder than pretty much any engineering problem. The same is true of Twitter, because there are no easy answers or even clear goals.
- naasking 4y ago> The same is true of Twitter, because there are no easy answers or even clear goals. There are no easy answers if you want to satisfy everybody. One easy answer is to stop trying to satisfy everybody.
- edmundsauto 4y agoThe easiest way to do this would be to make the site completely free of moderation, but that quickly becomes a cesspool. Are there other ways to define the core audience?
- type-r 4y agoExactly! I can't fathom that people don't seem to understand there's a comparable amount of new companies started every year in the space, automotive, and social network categories.