May 28, 2022

news that Elon Musk, known for his work at SpaceX and Tesla, as well as the U.S. Securities and Exchange Commission, bought nearly $3 billion worth of Twitter shares earlier in the week and took the tech world by storm. Shares of Twitter soared on a wave of news filling the accounts of Musk, as well as other investors and employees of the company.

The next day, the tech mogul quickly converted his supposedly dormant stake into a seat on the board of directors, sparking a new round of news about his investing activities, the future of the social network, and more broadly, corporate governance.

The entrepreneur is an outspoken business executive and loves to use Twitter to make news, harass his critics and tend to have more fun than most CEOs. But in late March, the SpaceX founder offered some context, stating on Twitter that Twitter was not doing its intended job as a “town square.”

gaming-updates’s Amanda Silberling had previously spoken through Musk’s then-opinion that Twitter needed to be more open and that it could create a competing service. The comment was made before Musk bought over 9% of Twitter shares and got a seat on its board of directors, so it’s time to go back and think about it again.

Below we have collected thoughts from it: Amanda Silberling Another new gaming-updates set Kyle WiegersAs well as Alex WilhelmSilberling believes this effect is the right lens to look at Musk’s comments and actions, while Wigers has focused more on the corporate governance approach and Wilhelm has focused on what makes personal-centric social media useful and what isn’t. Let’s have some fun!

Alex Wilhelm: Why doesn’t Elon just break things off?

Ever since we’ve witnessed the exodus of some right-wingers to alternative Twitter services in recent years, I’ve been mulling over getting my big-name fans to new platforms. Someone left voluntarily, someone patted himself on the back with his boot. But what they all have in common is that their new homes have generally failed to challenge Twitter’s hegemony.

The lesson is not that a handful of people or narrow-minded ideologies make Twitter great. In fact, the opposite is true. The huge number of Twitter users and their myriad different views is what makes Twitter great. Basically, he’s building a “new, better Twitter” around anything that focuses on wasted effort. Best of all, you create a polite, insular community that generally agrees with you or your loved one.

And we have a service for that! It’s called Discord and it’s great.

I don’t think Elon wants that. As Amanda states below, he doesn’t want to lose his influence. So why not buy a bunch of stock in the company and use your strong hand to work your way into the innermost sanctuary?

Leave a Reply

Your email address will not be published.