Elon Musk will soon hold the keys to Twitter. A $44 billion takeover bid from Tesla CEO Elon Musk was approved by the corporation on Monday, according to a statement released by the company. That means the world’s richest individual who has a flair for theatrics and erratic conduct is about to have the power to influence dialogue on a social network utilized by more than 200 million people every day.
The Tesla and SpaceX CEO characterizes himself as a “free speech absolutist” and has attacked what he regards as excessive moderation on online platforms.
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He pointed to similar ideals in his statement announcing the purchase by noting that “free expression is the backbone of a healthy democracy, and Twitter is the digital town square where questions crucial to the survival of humanity are argued.”Musk has suggested that social networks should not remove remarks that, while offensive, are nevertheless lawful.
If there is any grey area, then the tweet should exist. He recently remarked this in an interview at the TED conference. The CEO of Tesla and SpaceX, Elon Musk, says he is a “free speech absolutist.” He has criticized what he thinks is too much moderation on online platforms. He said that “free expression is the foundation of a healthy democracy, and Twitter is the digital town square where important questions about the survival of humanity are debated.”
— Elon Musk (@elonmusk) April 16, 2022
Musk has said that social networks should not remove offensive comments that are still legal, even if they are offensive. To have the tweet, there must be some grey area. This is what he said recently when he was interviewed at the TED conference. If you want to know what people see on Twitter and how quickly things spread, you should look at the software that makes that happen.
He thinks that Twitter’s algorithm should be put on GitHub, a site used by programmers to share computer code. Some people who want more openness in social media companies say that revealing Twitter’s complicated and dense algorithm to the public could be a step in that direction.
Others say that would do little. Every day, a social network as big as Twitter looks at billions of pieces of content from all over the world. When Twitter’s own software engineers try to figure out how and why tweets go viral and how the company’s recommendation system works, they get a little lost.
Currently, advertising accounts for about 90% of Twitter’s revenue, but the firm has struggled to lure advertisers to the platform, which frequently devolves into political firestorms and nasty online brawls. The corporation will no longer be under the same pressure from shareholders to consistently increase advertising income now that it is private.
🚀💫♥️ Yesss!!! ♥️💫🚀 pic.twitter.com/0T9HzUHuh6
— Elon Musk (@elonmusk) April 25, 2022
Musk has suggested that it switch to a subscription model. Last year, Twitter introduced Twitter Blue, a premium service that costs $2.99 a month and includes features such as an undo button that allows users to retract tweets before they are published.
Musk has stated that Twitter Blue should be less expensive, that people who pay should not have to see advertisements, and that the cryptocurrency Dogecoin, which began as a joke, should be accepted as a form of payment for a Twitter subscription.
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