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He's only handing off the fiduciary duty. Basically he'll do what he wants with the platform and make someone else figure out how to make money with what he doe
by tootie 3y ago
He's only handing off the fiduciary duty. Basically he'll do what he wants with the platform and make someone else figure out how to make money with what he does.
- classified 3y agoDoesn't matter now either way, he's destroyed twitter for me and I'm not coming back.
- jacquesm 3y agoLikewise, especially because (1) he still owns it and (2) he can revert this at the drop of a hat and (3) he will likely be one heck of a backseat driver while she takes all the heat for his fuckups.
- AlchemistCamp 3y agoWhat change "destroyed" it for you? Was it extending the tweet length limit? Opening up verification for individuals? Organization labels? Bringing back a "following" timeline? From my POV, it's gotten objectively better at a rapid clip over the past 6 months and I've been seeing less off-topic stuff in my feed (which is basically anything not programming-related) or a few other accounts I follow.
- blisterpeanuts 3y agoAlso: long form videos, subscriptions, encrypted messaging. Upcoming possibilities: video conferencing, micropayments á la WeChat. I think the acquisition has opened up a lot of interesting possibilities and potential for a service that had become stale.
- IOT_Apprentice 3y agoCourting actual Nazis, white supremacists, MAGA extremists and pushing them into prominence on feeds. And his constant need to feed his ego.
- lazyeye 3y agoCan you provide examples of this? And I mean genuine extremists rather than just people you disagree with.
- wahnfrieden 3y agoHe brought back anyone previously banned for open naziism such as Andrew Anglin and more recently Patriotic Alternative. And some suspicious several “14 88” referencing tweets. There’s also the Nazi meme he posted. Then the Nazi with several huge Nazi tattoos that he defended as unlikely to be a Nazi. Or the groyper memeing. Then the Angelicism / Milady Maker memeing, an nft project made by crypto neonazis with anime swastika homepages
- lazyeye 3y agoI checked just now and Andrew Anglin's account is suspended. I wasnt able to find a Patriotic Alternative account and when I searched on it, the overwhelming majority of the tweets were critical. And the content of the so-called nazi meme appears to have nothing to do with Nazism other than the shape of a helmet. It's actually about the speed of technology change. And from what I can tell Nick Fuentes/Groyper thing was on twitter for 24hrs before being suspended. So I dunno....it looks like you are providing a distorted view to support a narrative. If I wanted to I'm sure I could find all kinds of other hate content on the fringes that is equally nasty but sits outside the "narrative" we are constantly being force-fed.
- wahnfrieden 3y agoyou haven't looked much. those are also people who were let back and again suspended after obvious and newsworthy pressure from advertisers. lmk if you want more detail... or if you're unserious about this I didn’t say he’s very effective so far at whatever he’s doing. He caves to pressure and material realities like anyone and covers ass
- 3y ago
- rlt 3y agoFrom a product perspective it’s certainly better. But his antics drove away a significant chunk of the user base I care about.
- pupperino 3y agoIt always makes me laugh how, for years, we mocked journalists because of their inflated blue check egos, and now every "free thinker" out there is eager to pay to be just like them. Verification is meaningless for most individuals since there's no real need to verify if @ronny2938742 is indeed Mr. Ron Whatever. However, it's crucial to know if an account claiming to be a big company, government agency, journalist, politician, etc. is legitimate. Opening verification to subscribers is absolutely scammy, just a way to make a couple of bucks off the victims of culture war brainwashing.
- westoque 3y agoFunny. I see it differently. I pay for the blue check because it adds legitimacy. If I'm replying and having conversations with people with similar blue checks then I know I'm talking to real humans not hiding behind fake usernames. Also, any threats or anything from bad actors could otherwise be tracked based on payment method.
- pupperino 3y agoWhen having conversations in HN does it bother you that you have no way to know if you're talking to a real human, not hiding behind fake usernames? What do you think underlies this feeling you seem to have? EDIT: what I do think was a tremendous success is the publicity stunt. I've never seen any platform where people felt they should pay to let people know they were who they claimed to be. Kudos to the people doing the whole "twitter is filled with bots" psyop, it worked.
- westoque 3y ago> When having conversations in HN does it bother you that you have no way to know if you're talking to a real human, not hiding behind fake usernames? On HN, I'm not bothered at all. If I see the username "dang" for example, I know it's YC moderator dang also same with "patio11". I see HN as more of a private group discourse vs Twitter where it's public and where blue makes more sense. Akin to a forum, where I frequent like home-barista, the community is smaller and more focused so I don't see why having blue makes sense.
- d23 3y ago[flagged]
- LudwigNagasena 3y agoWhat do you mean?
- d23 3y agoHere are a few threads you might find interesting: * https://twitter.com/maxberger/status/1654877506783137792 https://twitter.com/maxberger/status/1654877506783137792 * https://twitter.com/hello__caitlin/status/1654871770082709506 https://twitter.com/hello__caitlin/status/165487177008270950... * https://twitter.com/JuddLegum/status/1655948197129494532 https://twitter.com/JuddLegum/status/1655948197129494532 I'm having trouble finding another one I saw yesterday he tweeted basically implying black women were an order of magnitude more violent than white women. Edit: ah, found it, along with a couple inane conspiracies to boot, which has become standard for him these days: * https://twitter.com/maxberger/status/1655985143700389893 https://twitter.com/maxberger/status/1655985143700389893
- LudwigNagasena 3y agoWhat does that have to do with phrenology? You could just say he is racist or whatever if you think so.
- d23 3y agoIt's pseudoscientific bunk (in this case, statistics manipulated to deceive) designed push a narrative of a specific race being more violent. It is no more moral, intelligent, or useful than phrenology.
- LudwigNagasena 3y agoI think saying that it amounts to phrenology is a manipulation designed to push a narrative. I expected something completely different than what you’ve presented. I think you aren’t better than Elon Musk in that regard.
- naet 3y agoEffectively taking away API access by charging a huge fee for it is what made me move on personally.
- IOT_Apprentice 3y agoSee Sam Harris’s interview about the issues with Musk that are directly done on Twitter by Musk himself. https://www.tiktok.com/t/ZTRKaMHCD/ https://www.tiktok.com/t/ZTRKaMHCD/
- kernal 3y agoSam Harris is a radical leftist.
- wahnfrieden 3y agoHe’s a liberal
- kernal 3y ago>I've never been under any illusion that he is Orange Hitler. >I supported censoring the Hunter Biden laptop story because it helped Biden >I’ve said on several occasions that I think Donald Trump is a worse person than Osama bin Laden >Hunter Biden literally could have had the corpses of children in his basement, I would not have cared. There’s nothing, it’s Hunter Biden, it’s not Joe Biden. Whatever the scope of Joe Biden’s corruption is…it is infinitesimal compared to the corruption we know Trump is involved in. It’s like a firefly to the sun. That's sounds like a radical leftist to me with a severe case of TDS.
- wahnfrieden 3y agoElectoralism is liberalism
- bavell 3y agoI hadn't realized how lost Sam had gotten until I saw his Triggernometry interview [0]. I had a lot of respect for him once but he's clearly lost the plot. [0] https://youtu.be/DDqtFS_Pvcs https://youtu.be/DDqtFS_Pvcs
- zorak8me 3y agoMy feed is no longer related to my interests and I don’t know how to get it back on track. That and losing the confidence that the blue check posting is actually someone relevant. Really kills the enjoyment for me.
- vidarh 3y agoOver the last few days my feed have been full of actual, literal fascists and other people I have no interest in seeing anything from. I spend less and less time on Twitter, and it's less and less enjoyable. Unless it changes drastically I won't still be there very long.
- nancyhn 3y agoYou can fix that by not clicking on things you don't like, because it shows you more of what you click. You can end up with a feed with fascists or communists or both because free speech applies to all. But again, you can choose what you want to see by training the algo or by using the feed of who you are following.
- vidarh 3y agoThe problem with those assertions is that it didn't use to show me any of this content. It used to show me content I was reasonably happy with. Then the content showing up for me very rapidly changed towards including a huge amount of extreme right-wing content and bigotry over a period that I was hardly active, and only used the "Followers" tab and clicked on content I enjoyed from people who don't in any way fit the profile of the type of accounts I complained about earlier. At best the quality of their recommendation system has dramatically declined. At worst they're intentionally favouring different stuff. In between there are slightly more palatable (than the worst case) options, such as that they're favouring overall popularity of content more over your individual preferences, but in any case all I know is that it's turned from a relatively pleasant experience to pushing content in my face that disgusts me. I've also written recommendation systems. In fact, I've written one I used to run on top of Twitters API. And so I know from first-hand experience that it's trivial to get better quality recommendations more aligned with what I click on than what I'm currently getting. Something is seriously wrong, whether accidentally or intentionally.
- tootie 3y agoThe complete destruction of content moderation and his personal beefs with users. He has been preaching "free speech" but he is enabling the worst people in the world while laying dishonest criticism on anyone he doesn't personally like. https://www.nbcnews.com/tech/tech-news/cat-dog-torture-videos-litter-twitter-adding-concerns-moderation-rcna84190 https://www.nbcnews.com/tech/tech-news/cat-dog-torture-video...
- wahnfrieden 3y agoI get pushed openly Nazi content. Like Nazi symbology (the obvious ones, not the deep cut pseudo ambiguous ones) memes and art and quote accounts. I used to report but they get turned down or only suspended for some days. I also now get pushed a lot of fight and public freak out videos specifically of black people with pages of replies talking about eugenics The app pushes me back to “for you” repeatedly where this stuff mostly is, or I get a push notification, or it shows up in following feed sometimes for people I don’t follow
- multjoy 3y agoFor me, it was killing the API access. The native client sucks.
- djur 3y agoThree of those four changes (tweet length, paid checks, timeline changes) have made Twitter substantially worse to use. Now every reasonably popular tweet's replies are drowning in irrelevant novel-length screeds and emoji-laden nonsense from paying users.
- insane_dreamer 3y agoNot going back either, but mostly because it gave me the impetus to get off and discover what a useless timesink it was for me from the start. So Elon does get my thanks for that. I don't miss it just like I don't miss FB since dropping off that ~10 yrs ago.
- abirch 3y agoI agree with you though I do miss PaulG. I was excited when he was on Mastodon because I could follow him with RSS.
- samstave 3y ago"fiduciary duty" == censorship over whatever narrative twitter is being used to push... Ill never forget my interview at twitter in ~2007 >"What do you think that twitter is?" >>"Well, most people think of twitter as a social media platform, but I think its a global sentiment engine and litmus" Yes that was my actual answer.
- jeegsy 3y agoDid you get the job?
- sharkweek 3y agoIf I was asked that now, I’d say: “Twitter is my drunk aunt and uncle who absolutely hate each other at this point at a family gathering.”
- lazide 3y agoAh, memories. Sums up the political discourse pretty well though.
- samstave 3y agoAnd now we have CCP fighting CIA/NSA and its weird how publicly we can see it? Are they failing forward???
- DoesntMatter22 3y agoI think he's primarily hiring her for advertiser relations. She knows all the advertisers and can placate them. Meanwhile hell drive the company and she can be the face
- UncleOxidant 3y ago[flagged]
- tootie 3y agoAdvertising and product are not separate concerns. Advertising _is_ the business. If he doesn't take orders from her, the business will just get worse. His vision of "free speech" is in direct antagonism to the kind of brand-safe content that advertisers want.
- UncleOxidant 3y agoWhat are the chances that he actually will listen to her and take her advice? I kind of think he's not accustomed to doing that.
- DoesntMatter22 3y agoThere is no chance. That's not what he hired her for. She's just handling the Ads section and being the face of the company. That's it.
- DoesntMatter22 3y agoHe's not going to take orders from her. That's not her role. And him being a lightning rod of controversy is the only thing that hurt the company. They are grinding out features faster than ever, the got rid of a ton of staff but are moving faster than at any time in the past. You, and others like you want to paint Twitter as some huge failure because you dislike Musk, and that's fine, but in reality the biggest advertisers have come back and with her at the helm even more will. First of all, if you want to see some real crazy racist stuff go on LinkedIn or Facebook. People there are even worse than Twitter. All advertising companies took a hit, and Twitter is actually almost profitable at this point, so if she improves things it WILL be profitable. As soon as he can start paying down that 12 billion loan things will get even better.
- junofan 3y agoSays he’s still an officer, so I don’t think this is true.
- justrealist 3y agoThat actually worked with SpaceX though. Elon handed off operations and "making money" to Gwynne Shotwell and she killed it. Elon is still working on moonshots like Starship, but it let the core F9 product run operationally smoothly and rake in cash.
- fubfjvdyvd 3y ago[flagged]
- TheAlchemist 3y agoIs SpaceX profitable ? Last estimates I saw suggested they are still bleeding a lot of money every month.
- mlindner 3y agoI’m confused why this is even in doubt? It’s a twenty year old company with over ten thousand employees. How could it not be profitable?
- anonporridge 3y agoIt's private, so we have no way of knowing.
- jacobr1 3y agoWho knows, but the question is more of unit economics than company profitability. Falcon could be profitable on a per-launch basis, and all the profit gets shuttled back into R&D.
- justrealist 3y agoNot the company overall, but the Falcon 9 + Falcon Heavy platforms themselves are vastly profitable.
- mbesto 3y ago"Our widgets are profitable, but all of the R&D, sales people, back-office people, etc. etc. required to actually run a business makes us unprofitable" So ummm who's gonna pay all of those people to make sure the robots and people make the widgets every day?
- arcticbull 3y ago[flagged]
- ChuckNorris89 3y agoIf he pays me CEO money, I'll happily be his fall guy. Elon, my e-mail is in my profile.
- deleted 3y ago[deleted]
- diebeforei485 3y agoHe owns the company, so I'm not sure what you mean by fiduciary duty. Duty to who?
- xhkkffbf 3y agoI believe he borrowed a big chunk of the cash. So he owes these folks something for funding it. It might be kind of limited but he can't just treat it like his own fiefdom.
- deleted 3y ago[deleted]
- gpm 3y agoHe owns the majority of the company, but not all of it. There are other partial owners as well (Qatar, A Saudia Prince, Larry Ellison, Jack Dorsey, a venture capitalist or two, etc).
- singleshot_ 3y agoTo the entity and to the shareholders. Sometimes to the creditors.
- daniel_iversen 3y agoI can't see how that could be correct. Firstly, if he runs product then there needs to be deep strategic alignment and he can't leave it to the CEO to "figure out how to make money", secondly, it's not just fiduciary duties for the CEO (or at least that is a gross simplification) - my bet is Elon is thrilled to hand over some of the organisational structure, marketing, sales, people and finance operational and strategic aspects that aren't directly related to the unique vision of Twitter and the product and engineering processes itself. And as the owner and chair he'll still be very much involved with things at a high level too.