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Musk's Twitter Purchase


KentVillan

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So Musk says he had to sack half the staff as they're losing £3.5m per day.  So that's broadly £1.2bn per year. 

Let's say the average wage there is £50,000, I make that savings of 4,000 x £50,00 = £200,0000.

So he's still losing £1bn per year. 

That suggests 2 things. 

Firstly their problem isn't too many staff, it's something far more fundamental than that, essentially their business model is totally and utterly flawed. 

Secondly, why the **** did he buy it? What due diligence did he do? He's the richest man in the world yet seems pretty thick. 

 

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13 hours ago, LondonLax said:

MySpace has been patiently watching and waiting in the shadows for its moment to shine again.

Faceparty and Friends Reunited! 

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It's an interesting thought that the extreme right only exists / is proliferating because they're being moderated on social media. 

I assume the thought is to allow them absolute free speech and they'll all calm down and move more the the centre? 

I can definitely see that happening. I guess that's what Elilon Musk meant when he said he was buying Twitter for all humanity. 

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1 hour ago, sidcow said:

So Musk says he had to sack half the staff as they're losing £3.5m per day.  So that's broadly £1.2bn per year. 

Let's say the average wage there is £50,000, I make that savings of 4,000 x £50,00 = £200,0000.

So he's still losing £1bn per year. 

That suggests 2 things. 

Firstly their problem isn't too many staff, it's something far more fundamental than that, essentially their business model is totally and utterly flawed. 

Secondly, why the **** did he buy it? What due diligence did he do? He's the richest man in the world yet seems pretty thick. 

 

The loans he took out to buy the stock have interest repayments of around a billion per year. 

He bought it when the tech stocks were riding high from the pandemic spending spree but crashed back down to earth just after he signed on the dotted line as the US began raising interest rates and winding back quantitative easing. 

He realised what a mistake he’d made and spent months trying to get out of it but he’d signed a pretty watertight contract and now he’s left holding the baby. 

I think it was arrogance that got him into this mess. He was at one point ‘the richest person in the world’ during the tech bubble and probably thought he could not fail at anything. 

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2 hours ago, sidcow said:

So Musk says he had to sack half the staff as they're losing £3.5m per day.  So that's broadly £1.2bn per year. 

Let's say the average wage there is £50,000, I make that savings of 4,000 x £50,00 = £200,0000.

So he's still losing £1bn per year. 

That suggests 2 things. 

Firstly their problem isn't too many staff, it's something far more fundamental than that, essentially their business model is totally and utterly flawed. 

Secondly, why the **** did he buy it? What due diligence did he do? He's the richest man in the world yet seems pretty thick. 

 

Power and influence. It has the power to influence elections. How much off the table money is that worth?

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3 hours ago, Davkaus said:

I found this quite an enjoyable read on the inevitable problems faced by a company trying to act as a platform for freeze peach. I think we're currently at step 3, much longer article worth a read. Didn't realise Techdirt was still going!

https://www.techdirt.com/2022/11/02/hey-elon-let-me-help-you-speed-run-the-content-moderation-learning-curve/

 

It's like anarchists realising that true anarchy actually sucks and some sort of organisation may be a good thing. 

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3 hours ago, Seat68 said:

What do you define as extreme wokeness?

People fawning over this type of stuff. 

Quote

Norwegian Man Now Identifies as a Disabled Woman, Uses Wheelchair "Almost All The Time" - Reduxx

Despite having no physical handicaps, Alme currently utilizes a wheelchair “almost all the time.”

Or the general hypersensitivity of the extreme woke brigade. That a person taking offense to something is arbiter of what is right or wrong to say or do. I use the example of holding the door for someone coming behind you, I've had a woman take offense and consider the act misogynistic and tell me she's perfectly capable of opening the door herself. So what I have always deemed a politeness for swinging doors is now not up to me to decide if that is the right or wrong thing to do it's for each other individual to decide my motivations for doing so. 

Like say a non binary person wanting to be referred to as them. That word already has a meaning and it's a plural. Who decided we all needed to change the meaning of existing words. Then who decided you're an offensive person for not complying with it. I feel like some groups somewhere created these rules a long time ago and now it's decided we all need to comply with this or we're bigots. 

Bill Maher has been great and calling out how ridiculous it's become. Here's one about "Presentisim" 

 

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2 hours ago, sidcow said:

It's an interesting thought that the extreme right only exists / is proliferating because they're being moderated on social media. 

I assume the thought is to allow them absolute free speech and they'll all calm down and move more the the centre? 

I can definitely see that happening. I guess that's what Elilon Musk meant when he said he was buying Twitter for all humanity. 

Is that irony? That is the absolute opposite of what will happen. 

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2 minutes ago, CVByrne said:

People fawning over this type of stuff. 

Or the general hypersensitivity of the extreme woke brigade. That a person taking offense to something is arbiter of what is right or wrong to say or do. I use the example of holding the door for someone coming behind you, I've had a woman take offense and consider the act misogynistic and tell me she's perfectly capable of opening the door herself. So what I have always deemed a politeness for swinging doors is now not up to me to decide if that is the right or wrong thing to do it's for each other individual to decide my motivations for doing so. 

Like say a non binary person wanting to be referred to as them. That word already has a meaning and it's a plural. Who decided we all needed to change the meaning of existing words. Then who decided you're an offensive person for not complying with it. I feel like some groups somewhere created these rules a long time ago and now it's decided we all need to comply with this or we're bigots. 

Bill Maher has been great and calling out how ridiculous it's become. Here's one about "Presentisim" 

 

You seem hypersensitive to all this. Not sure that these very specific examples you are talking about here are what is rallying advertisers to reconsider if Twitter is the platform for them. Also using They isnt a massive hoop to jump through. 

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1 minute ago, Seat68 said:

You seem hypersensitive to all this. Not sure that these very specific examples you are talking about here are what is rallying advertisers to reconsider if Twitter is the platform for them. Also using They isnt a massive hoop to jump through. 

I was asked an example of what I categorised as "extreme wokeness" and the response is the post your quoted. 

Also saying They could mean a non binary person or a group of people. It just seems a poor choice for pronoun if the intention was for mass adoption. I'm sure the choice of they/them was made when non binary people were a tiny community and the concept of mass adoption wasn't paramount in their thinking. I'm just pointing out objectively it wasn't the best choice. Obviously saying this to the extreme woke brigade makes me Hitler. In comparison it's easy for me calling the transwomen I know she/her for example. 

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14 minutes ago, CVByrne said:

People fawning over this type of stuff. 

Or the general hypersensitivity of the extreme woke brigade. That a person taking offense to something is arbiter of what is right or wrong to say or do. I use the example of holding the door for someone coming behind you, I've had a woman take offense and consider the act misogynistic and tell me she's perfectly capable of opening the door herself. So what I have always deemed a politeness for swinging doors is now not up to me to decide if that is the right or wrong thing to do it's for each other individual to decide my motivations for doing so. 

Like say a non binary person wanting to be referred to as them. That word already has a meaning and it's a plural. Who decided we all needed to change the meaning of existing words. Then who decided you're an offensive person for not complying with it. I feel like some groups somewhere created these rules a long time ago and now it's decided we all need to comply with this or we're bigots. 

Bill Maher has been great and calling out how ridiculous it's become. Here's one about "Presentisim" 

 

Yes, that is EXACTLY the same as large companies not wanting their branding spread all over a platform spreading hate speech, bullying, racism, child pornography, revenge porn, encouragement to self harm and commit suicide, objectifying women as sex objects, encouraging removal of women's rights and education, and dozens of other things I've not just thought in a minute off the top of my head. 

How bang out of order are these companies for not wanting to associate with that. They're just evil. 

 

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1 minute ago, Rolta said:

99% of this is happening in your imagination. I'm not saying you're left or right or whatever, but when I see people crying about wokeness and woke brigades it's like everyone complaining has had their brains overloaded by the internet and are in some collective hysteria. An article about a guy using the wheelchair weirdly is only evidence of an individual guy using a wheelchair weirdly. You can find plenty of examples of whatever you want online because there are billions of people on this planet. Connecting one or two dots and extrapolating micro conclusions and applying them to giant imaginary groups (brigades) is abundant in anti woke crybabies. 

My point was about the fawning over the person who uses a wheelchair. My point about the holding of a door is a real world event. This extreme wokeness seeps into things. Why are we sexualising children? Why should we have to decide what children identify as and write it down on school application forms? They're children, they are growing up and they change a lot when they grow. Why people thinking giving them hormones is the right thing to do. Problem is discussing topics like this is framed in far left and right terms. You're either a bigot or not to question a lot of the stuff.

If it was containted to the internet then it's totally fine. Issue is it's making its way into other areas like schools. Over protection and hypersensitivty. I want my kids to have adversity, real adversity and overcome it, they will learn from that and they will grow into capable adults. 

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5 minutes ago, sidcow said:

Yes, that is EXACTLY the same as large companies not wanting their branding spread all over a platform spreading hate speech, bullying, racism, child pornography, revenge porn, encouragement to self harm and commit suicide, objectifying women as sex objects, encouraging removal of women's rights and education, and dozens of other things I've not just thought in a minute off the top of my head. 

How bang out of order are these companies for not wanting to associate with that. They're just evil. 

 

Seriously, what on earth are you prattling on about? You quoted a post which was specifically about what is "extreme wokeness". The post is nothing to do with Twitter and companies advertising.

Quote the correct post from the previous page if you want to refer to how activism and cancel culture is successfully weaponised to pressure large companies. How much of this is down to that and how much is down to fear of a non moderated hellscape who knows. Both are however factors for sure, and correlated

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1 minute ago, CVByrne said:

Seriously, what on earth are you prattling on about? You quoted a post which was specifically about what is "extreme wokeness". The post is nothing to do with Twitter and companies advertising.

Quote the correct post from the previous page if you want to refer to how activism and cancel culture is successfully weaponised to pressure large companies. How much of this is down to that and how much is down to fear of a non moderated hellscape who knows. Both are however factors for sure, and correlated

rude-seriously.gif

 

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