As Twitter ditches its iconic branding in favor of owner Elon Musk's favorite letter "X," its open source competitor Mastodon is once again seeing usage numbers soar.
It’s not just lemmy that’s benefiting from Elon Musk.
That Twitter had essentially become accepted as an official source of communication and Elon’s purchase of Twitter so near to the time that he was experimenting with his ability to perform market manipulation on his own companies using Twitter, those things combined made me assume a large part of his reason for purchasing Twitter was to see how far he could take market manipulation and if he could influence other companies. In my darkest version of this scenario, I think Elon was just testing how far his reach is.
Maybe the verified checkmark debacle really was created by incompetence and Twitter tried quickly to fix it, or maybe it was a nefarious way to undermine legitimacy and cause a multi-billion dollar blip on the stock market. Either way, I could easily imagine Musk telling politicians and CEOs after that, “look at what I was able to do just by moving a single finger. Now imagine what I could do to you if I really wanted to.”
That Twitter had essentially become accepted as an official source of communication and Elon’s purchase of Twitter so near to the time that he was experimenting with his ability to perform market manipulation on his own companies using Twitter, those things combined made me assume a large part of his reason for purchasing Twitter was to see how far he could take market manipulation and if he could influence other companies. In my darkest version of this scenario, I think Elon was just testing how far his reach is.
Maybe the verified checkmark debacle really was created by incompetence and Twitter tried quickly to fix it, or maybe it was a nefarious way to undermine legitimacy and cause a multi-billion dollar blip on the stock market. Either way, I could easily imagine Musk telling politicians and CEOs after that, “look at what I was able to do just by moving a single finger. Now imagine what I could do to you if I really wanted to.”
I really like the razors, here Hanlon’s razor is relevant:
“Never attribute to malice that which is adequately explained by stupidity”
I’m sure Elon has no grand plan behind any of this, just a chain of impulsive actions.