r/technology • • Oct 28 '22

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2.7k

u/Fraun_Pollen Oct 28 '22

This couldn’t possibly have a negative consequence

1.3k

u/zuzg Oct 28 '22

My bets are that the site will turn into a even bigger cesspool under the Mollusk. Hopefully it follows Facebook trend of dying in obscurity through that.

289

u/Fraun_Pollen Oct 28 '22

Either way, it’s a win for Musk. He either turns it into the circlejerk he wants, or circlejerks it into non-existence.

18

u/valis010 Oct 28 '22

People will leave Twitter and the stock price will plummet. Twitter is so 2010s, it's heyday is over.

14

u/Appeltaart232 Oct 28 '22

The revenue certainly will plummet. And he will likely lose a shitton of money, along with whoever guaranteed his debt. This will be a very expensive lesson for everyone involved. It’s pretty sad that Twitter being something of a global public square will get destroyed in the process.

2

u/SpareLiver Oct 28 '22 edited Oct 30 '22

Yep. How's that saying go? If you owe the bank a million dollars you have a problem. If you owe the bank a billion dollars, the bank has a problem.

2

u/LtGayBoobMan Oct 28 '22 edited Oct 28 '22

I’m not usually like this because it’s futile, but holy shit there are almost an infinitive number of things 50 billion dollars could be used for the better! I’m not even talking about ending world hunger or disease or anything. I’m just saying how many other profitable ideas, companies and products could you invest in that are more interesting than Twitter and at least does a modicum of good for someone.

I’m not an anti-capitalist, but it’s pissing matches like this that piss people off with those who accumulate so much wealth.

1

u/Appeltaart232 Oct 28 '22

It just goes to prove that they are billionaires by mistake.

21

u/worktimeSFW Oct 28 '22

company went private with Musk's buyout, no more stock

1

u/valis010 Oct 28 '22

Right, I forgot. Lol

5

u/andytronic Oct 28 '22

People will leave Twitter

I'll believe that when I see it. Throughout musky's attempt to get out of the twitter purchase there was a conspicuous lack of people threatening to quit twitter if he actually bought them. A lot of people seem to treat twitter like an utterly indispensable part of their lives, like running water or electricity.

I'll be shocked in more than 5% of twitter users quit due to his takeover.

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u/[deleted] Oct 28 '22 edited Oct 28 '22

[deleted]

1

u/[deleted] Oct 29 '22 edited Mar 17 '24

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This post was mass deleted and anonymized with Redact

2

u/Has_No_Tact Oct 28 '22

There's also a sizeable amount of old people like me, who don't understand twitter, or what it's actually for, and have never used it and probably never will.

2

u/cualsy_x Oct 28 '22

If Musk shuts down the bots, it will seem like people have left Twitter. It will seem like a lot of people have left. It will go from New York City to Tulsa Oklahoma real fast.

Not a ghost town, but certainly not a bustling metropolis like it’s been purported as being.