Buy a company mostly with other people’s money (he paid ~15B of the 44B offer) lose a lot, 70% or more but use it to win an election and gain 200B in profit.
Musk is a salesman and he’s good at getting investors to get behind his crap. He’s never produced actual value but that doesn’t matter to stock values apparently.
GBU_28@lemm.ee 2 months ago
Unfortunately, looks like buying Twitter was a very effective choice if you take profit off the priority list
gravitas_deficiency@sh.itjust.works 2 months ago
I mean, yeah. That was the entire point of him buying it: to control one of the biggest social media networks ever, and to use that to push and pull the public discourse however he wanted, in the interest of being a kingmaker. And it fucking worked.
TheFogan@programming.dev 2 months ago
and sadly, the amount of people who use chatgpt to try and get factual information, is quite high… which makes this even more terrifying. It’s about systematically gaining control of communication and information.
Critical_Thinker@lemm.ee 2 months ago
There’s tons of alternatives out there now that are as good or better.
If he gets it then clearly it will be the Confederate States ChatGPT.
JuxtaposedJaguar@lemmy.ml 2 months ago
I’ve had people on Reddit and Lemmy dispute my comments by citing ChatGPT… AI is a really innovative wrench that people are using as a hammer.
fuck_u_spez_in_particular@lemmy.world 2 months ago
Even if you don’t take profit off the list, it could well be that he had more financial success in these other companies because he uses twitter as promotion and propaganda platform…