yeah the correction was multiple things: the market being overvalued in general, those companies being overvalued in particular, and those companies starting to not look like rocketships anymore, facebook had seen nothing but massive growth up til then and now all of a sudden thats looking pretty shaky, obvs not a thing the market loves, thats why zuck did the metaverse he needs a new opportunity, but people arent buying lol
― lag∞n, Friday, 4 November 2022 16:35 (one year ago) link
iiuc esther crawford is a social listening (i.e. marketing) huckster, but she got moved onto "moonshot" stuff when she joined via an acquistion, and moonshot == crypto under jack.
― 𝔠𝔞𝔢𝔨 (caek), Friday, 4 November 2022 16:37 (one year ago) link
it's happening
The site continues to display signs of all kinds of incidents.Loading tweets has had < 1 9 SR for me since my first tweet and I keep running into weird bugs I've never seen before, like the desktop site redirecting me to the mobile site login page and then failing; pic.twitter.com/wlIKO4uJ75— Dan Luu (@altluu) November 4, 2022
― 𝔠𝔞𝔢𝔨 (caek), Friday, 4 November 2022 16:38 (one year ago) link
I wonder if its Musk vs. the Algorithms like Attack of teh CLones?
― | (Latham Green), Friday, 4 November 2022 16:38 (one year ago) link
(xp, he's ex-twitter infra)
lol the site is already breaking, impressive
― lag∞n, Friday, 4 November 2022 16:40 (one year ago) link
i wonder why elon decided to do it this way, he easily couldve done a more normal amount of layoffs like 15% in a normal way, then had buyouts and a hiring freeze then another round of layoffs in six months and accomplished the same thing without precipitating a huge pr crisis and probably a technical crisis too and a morale crisis as well maybe some other crises idk, such bad choices hes just unstable seems like
― lag∞n, Friday, 4 November 2022 16:45 (one year ago) link
Guys, I'm starting to think this Elon Musk guy isn't actually very smart and is terrible at running businesses.
― a superficial sheeb of intelligence (jon /via/ chi 2.0), Friday, 4 November 2022 16:46 (one year ago) link
he did amazingly well with tesla tbf, tho in a very scammy high risk way, he seems to have lost all discipline, maybe he just cant work without huge government subsidies
― lag∞n, Friday, 4 November 2022 16:48 (one year ago) link
he easily couldve done a more normal amount of layoffs like 15% in a normal way, then had buyouts and a hiring freeze then another round of layoffs in six months and accomplished the same thing without precipitating a huge pr crisis
The PR crisis is the point. Disruption is the point. Cruelty is the point. What is confusing about this?
If Trump still had competent lawyers willing to work for him (lol) they would be suing Musk for copyright infringement and/or biting the Trumpian steez
Seriously it is like the most massively telegraphed heel turn in history, why is anyone acting surprised? Shitty person acts shitty, film at eleven
― blissfully unawarewolf (Ye Mad Puffin), Friday, 4 November 2022 16:51 (one year ago) link
i mean yeah except he also does seem to think that it should have worked out better for him, these are still not the outcomes he wants
― lag∞n, Friday, 4 November 2022 16:53 (one year ago) link
lmaoooooo
https://pbs.twimg.com/media/FgvBBomUoAAWwj9?format=jpg&name=medium
― 𝔠𝔞𝔢𝔨 (caek), Friday, 4 November 2022 17:03 (one year ago) link
user @maplecocaine: each day on twitter there is one main character. the goal is to never be ituser @elonmusk: i could be it for SO many months dude just watch
he's like when the villain plugs their brain directly into the central mainframe flow
https://media.tenor.com/GNQ_kULIvKMAAAAd/irina-spalko-indiana-jones.gif
― mark s, Friday, 4 November 2022 17:07 (one year ago) link
it's cool that free speech in America is entirely dependent on advertisers
there are days when I think that no one in the USA understands what "free speech" really means. instead, every day millions upon millions of people in the USA loudly, openly and incessantly complain that it's being denied them. after which they freely go about their lives and that's free speech in a nutshell.
― more difficult than I look (Aimless), Friday, 4 November 2022 17:20 (one year ago) link
https://pbs.twimg.com/media/FgvHjn0XgAIRAE5?format=jpg&name=medium
― frogbs, Friday, 4 November 2022 17:26 (one year ago) link
I thought the point was to make money
― frogbs, Friday, 4 November 2022 17:28 (one year ago) link
the point was to make a weird impulsive decision to buy the company then get forced to buy it when you tried to wriggle out out of the deal
― lag∞n, Friday, 4 November 2022 17:30 (one year ago) link
then plug brain directly into central mainframe flow
― mark s, Friday, 4 November 2022 17:31 (one year ago) link
it's like literally everything he does is the most opposite possible to touching grass
― mark s, Friday, 4 November 2022 17:33 (one year ago) link
very funny to develop terminal posting brain so late in life
― lag∞n, Friday, 4 November 2022 17:34 (one year ago) link
I mean he's got the same brain disease that every conservative has, this weird belief that every complex issue is actually simple but can't be dealt with that way because the woke left hates free speech and will throw you in solitary the instant you use the wrong pronoun or whatever. but unlike those conservatives he actually has the ability to fuck around and find out, and is so mind bogglingly stupid that he actually went ahead and did it
― frogbs, Friday, 4 November 2022 17:38 (one year ago) link
Be extremely funny if he tanked Tesla so much he got forced out
― after several days on “the milk,” (gyac), Friday, 4 November 2022 17:38 (one year ago) link
def on the table
― lag∞n, Friday, 4 November 2022 17:40 (one year ago) link
i know it’s already been said but god it’s just Trump on twitter 2.0 -corporate versionElon running company through tweets & getting good grace from stans bc he “is a successful businessman” bleh
― werewolves of laudanum (VegemiteGrrl), Friday, 4 November 2022 17:44 (one year ago) link
trump and elon also similar in that their "business success" is very tied in to their ability to manipulate the media
― lag∞n, Friday, 4 November 2022 17:47 (one year ago) link
― after several days on “the milk,” (gyac), Friday, 4 November 2022 17:53 (one year ago) link
i know it’s already been said but god it’s just Trump on twitter 2.0 -corporate versionElon running company through tweets & getting good grace from stans bc he “is a successful businessman”
corporate Trump is the worst Trump to be, dude lost money on practically everything he did that didn't directly involve fraud
― frogbs, Friday, 4 November 2022 17:54 (one year ago) link
the tesla analysts i follow all have mentions full of $TSLA investors saying "ok this was funny elon but let's get back to the real stuff now, stop fucking around"
― 𝔠𝔞𝔢𝔨 (caek), Friday, 4 November 2022 18:03 (one year ago) link
xp didn't Trump go bankrupt dealing real estate in NYC in the 80s? (ie during a real estate boom in one of the most lucrative real estate markets in the world)
― Being cheap is expensive (snoball), Friday, 4 November 2022 18:12 (one year ago) link
According to Business Insider, he told an audience on Friday: "I tried to get out of the deal, it was like that scene from The Godfather.
"I mean I think most people would say, given how market has evolved this year, the price is on the high side."
We're not sure what scene he is referring to in The Godfather, the classic film about the Mafia. Hopefully not the one involving a horse's head.
― Andy the Grasshopper, Friday, 4 November 2022 18:22 (one year ago) link
This scene springs to mind -
https://www.youtube.com/watch?v=UneS2Uwc6xw
― MaresNest, Friday, 4 November 2022 18:24 (one year ago) link
Max:
I’ve been thinking about this divide because, since Musk bought Twitter, most of his public statements have suggested he holds the first view of Twitter: It’s a “a common digital town square, where a wide range of beliefs can be debated in a healthy manner,” as he said in a statement to advertisers this week. But charging money for blue-badged check marks -- check marks that won’t even be nominally connected to a real “verification” process -- suggests a deeper understanding of Twitter as something much closer to the second view: a place to establish and enjoy your social dominance as a “prominent” person.The truth is I can’t really tell what Musk thinks Twitter is -- if he actually does imagine it as a “common digital town square” dependent on transparency and authenticity, or if he agrees with the resentful Silicon Valley freaks he’s surrounded himself with that it’s a game of hierarchical social positioning, or if he thinks of it as both or either depending on the last person he talked to. Over the past week he hasn’t acted like a person with a real plan, let alone a clear concept or theory of balancing the tensions of an advertising-funded social-media platform. Instead he’s made impulsive and contradictory decisions, acted out for attention and approval, and attempted to appease varying intransigent groups of users before lashing out when praise wasn’t forthcoming, all the while complaining and posting vaguely resentful memes. He’s been acting, in other words, like a message-board moderator.
The truth is I can’t really tell what Musk thinks Twitter is -- if he actually does imagine it as a “common digital town square” dependent on transparency and authenticity, or if he agrees with the resentful Silicon Valley freaks he’s surrounded himself with that it’s a game of hierarchical social positioning, or if he thinks of it as both or either depending on the last person he talked to. Over the past week he hasn’t acted like a person with a real plan, let alone a clear concept or theory of balancing the tensions of an advertising-funded social-media platform. Instead he’s made impulsive and contradictory decisions, acted out for attention and approval, and attempted to appease varying intransigent groups of users before lashing out when praise wasn’t forthcoming, all the while complaining and posting vaguely resentful memes. He’s been acting, in other words, like a message-board moderator.
― jaymc, Friday, 4 November 2022 18:40 (one year ago) link
He's going to make a print version of Twitter delivered to every subscriber's doorstep
― | (Latham Green), Friday, 4 November 2022 18:46 (one year ago) link
lol wut? (xp)
― mod (wmc), Friday, 4 November 2022 19:01 (one year ago) link
they are tweets printed on concrete blocks and thrown through the window
― Fash Gordon (Neanderthal), Friday, 4 November 2022 19:02 (one year ago) link
― mark s, Friday, November 4, 2022 1:33 PM (one hour ago) bookmarkflaglin
This is good i am going to steal it to describe so many people
― Its big ball chunky time (Jimmy The Mod Awaits The Return Of His Beloved), Friday, 4 November 2022 19:03 (one year ago) link
that's a good article jaymc, I really do think the most simple explanation for this is that's he's basically apartheid Lowtax
― frogbs, Friday, 4 November 2022 19:04 (one year ago) link
something something radium
― mh, Friday, 4 November 2022 19:07 (one year ago) link
lmao when you fire 50% of people with a coin toss things like this happen
Just to be clear, he fired the team working on this. https://t.co/56I1uyBIIR— sillyrobin is a fmr Tweep (@SillyRobin) November 4, 2022
― 𝔠𝔞𝔢𝔨 (caek), Friday, 4 November 2022 19:11 (one year ago) link
lol
that was the only other twitter blue thing that seemed possibly worthwhile, maybe an Apple News alternative or something that'd be more relevant if you get most of your headlines via tweet
― mh, Friday, 4 November 2022 19:13 (one year ago) link
a lot of companies have undergone layoffs or a major change in methodology or structure but those things often take **years** to work out. I don't think I've ever seen one try to do it this quickly without immediately going under. I'm curious what the next few weeks are gonna look like. obviously with half (!!) their staff getting the axe and (presumably) many more actively looking for new work it's only a matter of time before the company starts to experience some major issues, either a lengthy downtime or big accounts getting hacked or the whole thing just devolving into an unmoderated cesspool overnight. kinda get the feeling that if Twitter becomes unusable for like 2 weeks the vast majority of their users just won't come back. maybe it won't even be that long.
― frogbs, Friday, 4 November 2022 19:47 (one year ago) link
Fail whale being hastily sorted out for the app as we speak
― after several days on “the milk,” (gyac), Friday, 4 November 2022 19:50 (one year ago) link
lmao keep posting dude
You tweeted a conspiracy theory from a website less credible than the National Enquirer like four days ago. We all need to look inward as well as outward.— Hank Green 🧦 (@hankgreen) November 4, 2022
And therefore Twitter should die?— Elon Musk (@elonmusk) November 4, 2022
― frogbs, Friday, 4 November 2022 20:30 (one year ago) link
got that real Big Don energy with that reply
― a superficial sheeb of intelligence (jon /via/ chi 2.0), Friday, 4 November 2022 20:32 (one year ago) link
thank god he can't run for President
Elon, face it: As long as you are not perfect in every way, you are to blame for everything that goes wrong. Because everyone else who criticizes you is perfect in every way and therefore has the right to blame you for everything.— Maren Kahnert 🦊⚔❤ (@marenkahnert) November 4, 2022
🤣💯— Elon Musk (@elonmusk) November 4, 2022
― papal hotwife (milo z), Friday, 4 November 2022 20:32 (one year ago) link
This really is like if Michael Scott was the world's richest man.
― Chris L, Friday, 4 November 2022 20:41 (one year ago) link
An illuminating exchange:
one of those stories in three tweets pic.twitter.com/Attc0TUWPs— Oliver Darcy (@oliverdarcy) November 4, 2022
I know little about marketing, but Paskalis' MMA Global seems to have just about every big brand as a member.
― firm foundation of unyielding despair (Sanpaku), Friday, 4 November 2022 21:13 (one year ago) link
coincidentally he seems to be currently celebrating brand safety week
Post Brand Safety week speakers dinner recap with two great friends. pic.twitter.com/ShKT21g1kw— Lou Paskalis 🇺🇸 (@LouPas) November 3, 2022
― lag∞n, Friday, 4 November 2022 21:21 (one year ago) link
Some Jack Torrance energy there in that photo
― MaresNest, Friday, 4 November 2022 21:24 (one year ago) link
the kubrick stare, brand safety week edition
― lag∞n, Friday, 4 November 2022 21:26 (one year ago) link