I see two potential outcomes:
1.) Twitter becomes an echo chamber for the alt-right.
2.) Twitter dies.
1.) Twitter becomes an echo chamber for the alt-right.
2.) Twitter dies.
The only brands that want to advertise on those sites are scams.
No alt right echo chamber is ever in a million years going to be able to provide a good return on investment for $44B.
If they go down that path they WILL die which was my original point.
It might be more accurate to interpret Twitter as a luxury good (from Elon's perspective). Similar to how other billionaires build lavish yachts.
With that being said, there is no argument for his purchase or subsequent actions being construed as a viable investment strategy. The whole debacle looks like child's tantrum.
1. There is not a single instance in the entire history of the internet of a profitable alt right social media website that anyone actually uses.
2. The price he paid was indeed so overvalued and has only dramatically dropped in value since then that they can already no longer pay their bills after just 7 weeks.
1. Facebook took 5 years to become profitable.
2. Twitter took 12 years.
3. Instagram had no revenue before Facebook bought it.
Rumble and Gab should be profitable now if you brought up FB becoming profitable at 5. This is all before FB found it’s mobile ads focus and became the behemoth it is now.
Fox owned MySpace and failed spectacularly with it. They technically tried niching down when they sold the site to Justin Timberlake. Fox itself is doing well enough, but only has a market cap of $16B including their non-right wing assets too.
Truth and Gab have to use non right wing code for their platforms. Code that the coders don’t want either platform to use. Truth wasn’t even giving them credit before.
I didn’t pick the term, I was replying to a comment that used it. I was just trying to keep it consistent.
Would you consider those people religious, casually religious, or not at all religious?
But that's all outward religious practice; my comment was more getting at my suspicion that many human behaviors are effectively religion in disguise. Where do axioms come from?
From those who sought to control through the theft of individual power and by consolidating that power to a ruling class.
Atheists know what they are doing. Even, nay especially, the young. They actively reject superstition. The totally reject the white supremacist style of American evangelical churches as utterly disconnected from Christ-like behaviors.
So why claim they are unaware of what atheism means? That is meant to comfort the bulk of evangelicals who rely on preachers for their worldview.