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Elon Musk Says Twitter Is Going To Get Rid Of The Block Feature, Enabling Greater Harassment
(www.techdirt.com)
this post was submitted on 11 Jun 2023
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Technology
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Whats going on with social media CEOs making dumb decisions these days..
Money. Tech was hot and trendy, so VCs were willing to continue pouring cash into a bottomless pit of unprofitable tech platforms, and now they're not so everyone has to figure out how to make money off of the community. In a surprise to absolutely no one that's been paying attention, companies filled with people that have never had to be profitable before are really bad at turning their company profitable and instead only manage to light large sections of it on fire. 🤷
At the top levels, they are rich and well-connected enough that they don't have to worry about failing like regular people.
They can burn millions, billions of dollars and still get out with a fat paycheck, a pat on the back, and another CEO/exec job lined up by one of their many wealthy friends. Either that, or they are "forced" into retirement where they live large for their remaining lives.
I wish somebody would force me into a wealthy retirement...
Conservative money thinks that they can keep there opposition off balance by smashing social networks . Musk did not launch desatitis campaign out of nowhere.
This is exactly it. Social media's greatest power is the ability for common folk to organise and rally quickly and easily. That cannot be allowed, so these moves are designed to divide and insulate.
Omg this rings so true
it's not about money. it's about power
Elon went early and often. He's a trend setter.