Musk-Twitter has been such a visceral experience of why there should be no billionaires. It should take more than one mediocre egotist’s midlife crisis to ruin a collective creation of 16 years.
@contrapoints
The shareholders that sold it to him had a hand in this, too. They didn't have to sell. Musk is a turd, but also swims in the punchbowl of a larger problem if you know what I mean, and I think you do.
@krakenfury @contrapoints I've got a feeling they'll end up buying back for pennies on the dollar
@lacrymology @contrapoints if by some miracle he avoids total disaster, he can probably get it limping along. It's not as stupid as it looks, it just sucks to live under a system where this is considered stable. Fuck social media entirely; this is also happening to health care and no one is crying.
@krakenfury @contrapoints I'm from a country with public health care which has been a scenario for this kind of thing on and off at least 3 times in the past 40 years. So, both I'm used to that and our issues are different from the US's..
@krakenfury @contrapoints as for Twitter, he'll end up running out of workers if he keeps pushing. If you want to make rockets or self driving cars, then you pretty much *have* to work for him. It's not the same for social media
@lacrymology @contrapoints yes he's trying to figure out how cheaply he can run birdsite, and that risks running it into the ground. It doesn't have to be a good product to turn a profit. I'm not saying he'll succeed, this is just what it looks like to me.