This is a most excellent place for technology news and articles.
Twitter didn't lose anything, Musk bought Twitter because he thought it'd be a goof to trash, and because he wanted access to Saudi Arabian markets to sell his electric cars and rocket ships.
These stories are so fucking annoying because they purposely miss the point of what's actually happened.
Elon Musk personal worth went up 97 Billion dollars since he bought Twitter, he's now worth, on paper 248 Billion. He can take a complete loss on the investment, and not be any the poorer in real terms.
You say Twitter didn’t lose anything, and then spend a paragraph saying how Elon gained something from it. Elon is not Twitter.
Twitter lost a lot.
I don't know any of this. What do Saudi's have to do with Twitter?
A Saudi prince Alawaleed, gave Elon 1.9 billion in equity to help Elon finance the deal. He’s the second largest shareholder.
This article is well written, but the intense focus on TikTok is strange. I don’t understand how TikTok can be a source of true information or a town square for that matter. The videos are incredibly short and then the next one comes. You see a lot of dumb shit and stupid memes. It’s sometimes good at making people feel like they are learning something, but when you ask those people what they learned, they can’t synthesize or explain what it was they supposedly digested. To me, TikTok seems like pure dopamine hits without any sustainability.
Twitter, with its short character count, wasn’t any good for debate or sustained learning either. It was good for being a dunk tank—a place where people try to dunk on each other. It also became an echo chamber that helped polarize people politically. I don’t really understand the appeal of Twitter.
There have been surveys showing young people get information from TikTok even if it is a bad source.
I feel old when I think “kids these days” but I do wonder if there is a deep, fundamental problem with TikTok, Reels, YouTube shorts, and such. I taught in the HS for awhile this past year and I felt like the students had a very short attention span. How are they supposed to give sustained focus to learn something when they are training their brain for short, 90 second (or shorter) bursts?
I've seen some very well made and informative videos on Tik Tok, but they're almost always videos correcting the misinformation from other videos and compared to videos filled with misinformation they're not even a drop in the bucket.
i agree this metaphor of the global town square where everyone speaks at once in sound bites that magically encourages quality communication is some original dotcom era internet marketing style bullshit
burn the whole thing and make something new that does encourage learning and progress
I dunno. They say that, but these people are totally addicted. We see it with a lot of people who come to mastodon from Twitter proclaiming they're done with twitter, and they keep going back.
Twitter was always a bad purchase, tbh.
Good thing I'm on Lemmy and therefore not addicted to social media 😎
I've been really impressed with Mastodon so far, and I hope more Twitter refugees join over time.
