Musk buys Twitter

Reminder of why Bluesky >> Threads or Twitter.

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Musk has sold X that social media company previously known as Twitter for $33B.

Granted, basically to himself or another company he controls.

I wonder if it was to save whatever he put up for collateral?

It would not be a surprise to find out that the original loans were “bought back” at face value to “buy out” Twitter by getting new financing from the same banks that issued the original loans. That way, all the original loans were “paid off” so no one had to take a loss, and the can gets kicked down the road however long when hopefully there’s more suckers willing to pay for the giant pile of shit.

The valuation is original price minus debt, so I suspect that is a big part of it.

i remember during the dot com boom when it seemed like there was almost unlimited capital for any company with “.com” in the name.

something similar seems to be happening with “ai” now. (though at least the dot com bubble had technology that was clearly working, with only “monetization” in question. it’s not clear to me that the ai boom has anything more than apparently promising demonstrations, at least with respect to its promises.)

so maybe the whole point was to get it associated with “ai”. and perhaps the intent is to train off all the twitter posts.

Grok is about to get real racist.

Chat gpt can add real value, but agree we feel like we’re still in the hype stage.

Eta, eg, ive seen people who cant code use it to generate code to simplify processes.

I agree.

But it’s hard to know how the true cost compares to the benefit when much of the cost seems to currently be subsidized by investment.

Someone just changed community notes rules. I think we can expect a whole lot of unchecked lying from our shadow president tonight.

I’m guessing “need a minimum number of ratings from raters from different perspectives” means it must be blessed by elmo.

So the Path of Exile 2 saga continues: Musk tried to livestream himself playing the new patch while flying on his private jet. Yet despite being a pro level player at the game, he kept on dying to the tutorial boss and had to pretend to lose his connection. I think Vivian was correct:

She claimed that she and her twin brother would “carry” Musk through the video game Overwatch when she was 12. “I can expose something that I think is really f------ funny,” Wilson said. “He would try to constantly get us to play ranked with him, and I’m 90% sure it was just because we could carry him.”

Musk has repeatedly bragged about his gaming skills but his high score in Path of Exile 2 left other gamers doubtful and he was quickly accused of paying someone to boost his accounts. Weighing in on the accusations, Vivian said: “I don’t believe the f----- ‘I am a pro Path of Exile whatever the fuck.’ No the f— you are not. This is so cringe. Why would you even pretend to be⁠—it’s fine not to be a gamer.”

Oh, and the people on the stream don’t like him, to an extent that the media picked up on.

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Damn, if he can’t get starlink to work, who has a chance?

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as someone once sang

why would you lie
bout something dumb like that?

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Musk not doing a good job beating the Nazi image with this.

Such a weird lie. Like saying you have a 100 mph fastball. Anyone who would care would also find it laughable.

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Bluesky is starting to annoy me. Not in a “the platform is dying” kind of way, but in the same way social media sites like FB obviously do not give a shit about what I don’t want to see and keeps showing that content anyway, no matter how many times I say don’t show me any of that content where trying to mute words either won’t work or will be way too broad.

Just so you know, you are the one who chose to create an account. It all starts with you. You created the problem. You know what the solution is.

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twitter seemed fit to log me out of my account. i leave it logged in on my phone and laptop. but it logged me out on both now. that’s a sign I don’t need it. should delete it to make sure it doesn’t somehow get hacked

More time on Bluesky is really just less time that could be spent on GoA

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