nuff said
did he post something like this again??? This looks like a thing from years ago.
Good, fuck him.
Hmm maybe putting in rate limits, thus greatly reducing the amount of time people spend on the app, isn’t the best strategy for a platform whose main source of revenue comes from advertising?
I think there is like a 1% chance rate limits were an actual thing. It really feels like someone fucked something up, caused the issue and the “rate limits” were how Elon decided to try and play it. Then “increasing” the limits multiple times to completely illogical values was the system slowly coming back up. Elon increasing that limit makes him look like he is listening to the users and thus the good guy.
I have not seen anyone complain about rate limits since the day it happened. Other than jokes has anyone seen or heard of the issue?
I would say a company suddenly introducing a major policy change like view limits with no warning is beyond stupid but then again it is Elon who seems to believe he is God’s gift to tech.
Also you still can’t browse Twitter without logging in, that started a couple of weeks ago, around the same time the news about the rate limits came.
Yup it’s been real. https://www.piquenewsmagazine.com/must-reads/bc-government-hit-tweet-limit-amid-wildfire-evacuations-7268169
The rate limits are because serving such a service at scale without the user noticing requires continuous innovation to get through scale bottlenecks; but with the engineering team greatly reduced, a lot of that work isn’t happening anymore. Typically, you’d get through those bottlenecks by coming up with some heuristics that make it seem like the service is doing a ton, when really it only needs to do little (like by sharding data, or by pre-caching a bunch of stuff). Without anybody to work on those heuristics to fake things, you gotta restrict with real restrictions.
Source: that’s what I do for a living. I’ve been working on some of the highest-scale services out there for over a decade.
Sure, but how else is Elmo going to keep Amazon and Google from suing him for nonpayment? Geez man, use your noodle.
Elon did a business
I’m not waiting to see Twitter fail. I’m just hoping that the federated alternatives for Twitter and Reddit will get more mainstream. And I must say that I’m happy with the way things are evolving at Mastodon and Lemmy.
That’s actually a better outcome, quarantine the crazies in twitter and/or reddit while the mainstream happens in the fediverse.
The mainstream ARE the crazies now, though. The outliers, and only some of the outliers, are sensible, smart people.
That’s a sad commentary of our society as a whole. :( but still, the optimist in me wishes it were reversed.
Im pretty bummed Blue Sky chose to write their own protocol. Many of my friends who are not techie chose to go there rather than learn the fediverse.
I don’t see Twitter failing. Perhaps this is just going according to plan too. I think the more likely case is that it becomes something like a social network version of Fox.
You just described Truth social
Twitter is Fox, TS is more like NewsMax.
That’s exactly what I had in mind but I’d rather not give it any sort of mention. I hope it dies in obscurity.
Troth senchal
So its failing.
deleted by creator
Yes please
Oh no!!!
Anyway.
Lol. “Negative cash flow.”
You’re broke. You’re f*cking BROKE.
deleted by creator
So is this just according to musk? Because that guy is untrustworthy and stupid.
Luxury? What luxury, twitter is just a feed of memes, short remarks and porn What feature could they possibly have held back???
The moment Threads properly implement hashtags and trending topics, Twitter is finished.
Zuckerberg doesn’t even need to federate to achieve this. He got well over 100 million signups. He’s good.
I just want to be able to see a page with only the folks I follow. That’s it. They are mostly there already, except one or another. When this happens I’m dropping Twitter at the same second.
I think the real question is: how many installs did he get? That’s the real metric of how many real-life people are using it, since there’s no browser-mode.
That were ghost account of insta
Even if its 50million ghost accounts, hes got 50 million sign ups
the whole point of a ghost account is that no one had to sign up for it, it’s created automatically without the knowledge or consent of the account owner
That’s just numbers they throw out to please investors. These companies live from that, most likely a huge chunk of those were bots and forced sign ups from Instagram.
TIL how loooong it takes for a largeish business to die. It’s hard to grasp scale I guess. I thought it would be over in months.
I find it hard to believe Facebook is so terribly great. Keep in mind these are not businesses like a grocery store; they’re publicly traded and the metric is growth, not profit. (Edit: Twitter is private now no idea how that change is accomplished.)
Truly, I’m hoping they all die.
The stocks had to be bought back first, then basically they could be turned in to the DTCC and the company gets delisted. That’s how Twitter did it.
The other way is to naked short so much you’ve got enough shares to control the board and tank the company from inside then you don’t have to do a buyback because there’s no company. This will be reddit’s future if they even get to ipo at this point.
The more realistic death is a buyout, merger and dismantling. That’s how the vast majority of publicly traded companies die. Bought my a larger organisation looking for a deal on your IP, userbase or reputation who then sells off all physical assets, offshores all talent and outsources all capabilities. They retain the brand equity which then gets rinsed through a range of products that are smaller and smaller before quietly being shelved. See GEs dismantling of RCA, the death of GE itself, and every company EA has ever bought.
Musk crumpled the cashflow pretty quickly in weeks, but he also has a lot of wealth, he had to chip in billions of his own dollars to save the company from his mistakes.
and the metric is growth
No, not really. The metric is growth only for those who aren’t profitable. They use growth as a promise of future profits.
Meta/Facebook is turning in a huge profit each ear. Nobody cares about the user count that much anymore unless it sharply falls.
Twitter is different. Twitter didn’t really make a profit yet. They aren’t profitable.
Meta is pumping ungodly amounts of money into a moon shot (VR) because it is in stagnation phase and their market is saturated - so they do care about growth quite a bit.
We were talking about growing the userbase. Growth of the business is something different. Of course any company is interested in growth. However, I don’t think usercount growth is the metric Facebook is looking at currently.
Look at Amazon. The cloud division is now more profitable than the Amazon website. Facebook is looking to use those large profits to branch out in different directions. Some like the metaverse won’t work. Just like Amazon’s echo didn’t become profitable. But others eventually will.
If your business relies on the size of your userbase than those things are quite related. Again, not a coincidence that while facebook is stagnating meta is desperately trying to force vr.
It’s doing double digit billions in profit every year. Both Facebook and Meta. They’re actually doing quite all right even with the VR fiasco.
And even iftheir only possible growth vector was user count(which it isn’t), they have close to 3 billion active users monthly with over 2 billion people using Facebook daily. It is impossible to grow. There are no more people.
No, even profitable Fortune 500 companies are focused on growth.
Musk wasted a shitload of money to make it private. Twitter is wasn’t even close to being a net neutral business, was downright a hole of money the investors kept feeding because well, it’s Twitter.
Musk bought the brand, he was well aware that this was going to happen.
Right. I wonder, now, if he had any idea what he was doing. Not to argue with you. His fuckups are just so weird here. If he wanted it “off” he could have been a lot more effective. He just looks like a fool and not one decision looks intentional. It is interesting though. A very slow motion car crash… I assume the bridge abutment or cliff is in front of him somewhere.
keep it up guys, we’ve got this lmao
I know it’s easy to just rag on twitter, but I think that everyone needs to remember that a lot of the problems Twitter is facing are also problems that the entire industry is facing.
Ad rates are down across the board. You hear YouTubers talking about it, you here people who run websites talking about it, and that’s just the way things are.
Everyone got really pissed off at Elon for the mass layoffs, but everyone seems to forget that every other company also did layoffs just a few months later.
In short, blame them for the stuff that he actually did, not systemic trends that affect everyone.
Are you honestly arguing Musk did NOT somehow fundamentally fuck up Twitter? That he was a victim of circumstance? Give me a break, dawg.
I’m saying blame him for the things he actually did. Just like I said I said.
It’s turning into a recurring gag for me to see another news article about some website (like reddit, for example) crashing and burning and my response is “Why would Elon Musk do this?”
Musk is somebody who is used to running a startup, where if you fire everybody and shut down operations for a couple years while government subsides and pre-orders are happy to wait 6 years for things to actually be delivered.
It doesn’t work for a business that needs to remain operational.
Alot of companies announced layoffs, it was typically only 2-7% of their workforce. Elon laid off 75%+
And yes, a lot of his actions are necessary moves. He needed a transition plan
His layoffs were way more stupid than others. They were sudden, they were spiteful, they were public, they made little sense even in the framework of the bigger picture
You can blame him for the stupidity of how he engaged in them, but a lot of people seem to think that if nothing else had happened there never would have been layoffs.
Big Tech got fat during the pandemic, it couldn’t have kept on growing as people started leaving the house again.
Yeah, big tech is bloated, and the layoffs are widespread, but whatever Musk did was stupid on top of that
