I’m not sure if this is technically Technology news, but I can remove this post if it’s in the wrong community
Archive link: http://archive.today/3XM6s
Musk brought up the idea of charging all users of X/Twitter during a wide-ranging conversation focused on AI that featured Israeli Prime Minister Benjamin Netanyahu on Monday. “[We’re] moving to a small monthly payment for use of the X system,” Musk told Netanyahu, claiming that it is the only way to eliminate the problem of bots, as reported by Bloomberg’s Dave Lee.
Musk didn’t mention timing of his plan to charge X/Twitter users, nor did he say how much it would cost.
Musk, who also is CEO of Tesla and SpaceX, has said X/Twitter ad sales have plunged 50% since he bought the company. “We’re still negative cash flow, due to ~50% drop in advertising revenue plus heavy debt load,” Musk posted on July 15.
One of the richest people in the entire world wants still more money. Tell me again how “trickle-down economics” works?
He’s the wealthiest man in the world. That doesn’t mean he has a lair full of cash and just wants more. People really struggle to understand the difference between wealth and money in the bank. This isn’t about hoarding money just for the sake of it.
I understand the difference, but he’s collecting stuff just because it’s shiny. He’s short of cash because he has no impulse control, and I fail to see why he shouldn’t fail the same way other people who overextend themselves fail.
What makes you think he’s short on cash? Wealthy people don’t store their wealth in cash anyways. The money is tied to the stocks of the companies they’re running. That’s why he needed to lend the money for twitter too; he doesn’t have that kind of cash, but people are willing to borrow it to him because of his wealth.
If you just had read the article you’d see that they have lost 50% of the advertisers and are losing money. This isn’t about wanting more money just for the sake of it. No company can exist if their finances are on the negative.
And yet here they are…
What are you saying?
Do iiiiiiiiit
Imagine thousands of people not succeeding in crashing a megacorp on purpose, and then one rich guy crashing it just by being stupid
Please do it fast.
So what is a tweet supposed to be called now? A Xext or something?
an X-cretion.
What about a fee for every X install like Unity?
Sounds like a great idea!
I mean, not for Xitter, but for the internet as a whole it would be amazing!
I fucking dare him to follow through. Please do it. Don’t wuss out Elon!
Should we all go make twitter accounts and say how great of an idea this is?
why does he look like that
I hope he buys reddit next
I think he should seriously consider buying Meta so that we can watch it crash and burn just like Xitter. Facebook is the cancer of the internet and it deserves to go too.
Fuckin do it, Elon. Double dog dare ya.
Moving to a user supported service IS a good way to cut down on spam and wrest control from advertisers…
…IF you do it before you destroy all value, branding, community and cultural relevance
As so many others have said, this move at this point sounds like he’s trying to finally end this fiasco.
That would finish off Twitter instantly.
He’s not THAT dumb. Right guys?
…right??
He’s too much of a pussy to actually do it, we all know this.
Quick, tell him that on Twitter! Maybe he’ll actually do it and we’ll finally be rid of his godawful grandstanding.
