[HN Gopher] Elon Musk makes $43B unsolicited bid to take Twitter...
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       Elon Musk makes $43B unsolicited bid to take Twitter private
        
       Author : zegl
       Score  : 2254 points
       Date   : 2022-04-14 10:24 UTC (12 hours ago)
        
 (HTM) web link (www.bloomberg.com)
 (TXT) w3m dump (www.bloomberg.com)
        
       | akomtu wrote:
       | Such events is the moment when news agencies reveal their true
       | faces. Compare how different outlets want to frame the narrative.
       | 
       | Axios: "Elon Musk goes into full goblin mode". This outlet
       | pretends to be neutral in quiet times. They usually frame the
       | narrative by omission of inconvenient news.
       | 
       | Reuters: "Elon Musk makes $43 billion cash takeover offer for
       | Twitter". That's plain and factual.
       | 
       | RedState: "Liberals Absolutely Lose It Over Elon Musk's Hostile
       | Takeover Bid of Twitter". But they don't pretend to be neutral:
       | it's in their name.
        
       | dontblink wrote:
       | Bezos has Washington Post as his mouthpiece. Murdoch has Fox
       | News. Musk doesn't really need more money. I don't think this is
       | just pump and dump.
       | 
       | Is it possible Musk is looking to buy a method to influence a
       | populace for his own ends? I.E. is this a method for him to
       | influence a population to gain power and sway over elections,
       | organizations, etc?
        
         | usefulcat wrote:
         | Certainly wouldn't be the craziest thing that has happened in
         | the past 6 years.
        
       | LoveMortuus wrote:
       | Two options: a) He buys Twitter for ~35.5bn (he already owns
       | ~9.2%) IN CASH mind you.
       | 
       | b) He's trying to sell all of his stocks without people saying
       | he's manipulating the market.
        
         | MrStonedOne wrote:
        
         | catsarebetter wrote:
         | Yeah I like this perspective I don't think it's anything more
         | than that
        
       | belter wrote:
       | We had the Bernanke Put now the Musk Put
       | 
       | 1) Buy 9 % of shares
       | 
       | 2) Announce intention to buy 100%
       | 
       | 3) Look share price rise
       | 
       | 4) Sell shares
       | 
       | 5) Profit!
       | 
       | PS: Note to Musk -> If you are looking to control a company you
       | don't need to buy 100% of shares. Just a majority of shares or
       | special rights shares if they exist. Save your money and help the
       | less lucky ones:
       | 
       | https://www.vanityfair.com/news/2022/02/mackenzie-scott-jeff...
        
         | ekianjo wrote:
         | when you own 100% you can make it private again.
        
           | belter wrote:
           | And the only reason you would make it private is?
        
             | throwmeariver1 wrote:
             | You don't have to please your shareholders.
        
             | MrMan wrote:
             | to do another IPO
        
             | zthrowaway wrote:
             | Being more aggressive with changes to the company and its
             | product without a market freaking out over it.
        
             | ekianjo wrote:
             | you can do whatever you want and stop caring about meeting
             | every quarters goals
        
             | vntok wrote:
             | Avoiding the requirement to file quarterly earnings
             | reports.
        
           | fileeditview wrote:
           | I think you only need the majority of shares to go private
           | and then the rest will be payed out automatically for the set
           | price.
        
             | aahortwwy wrote:
             | > the rest will be payed out
             | 
             | Yeah, because you're purchasing them.
        
               | fileeditview wrote:
               | Sure. What I meant is that you don't need the 100% to go
               | private. But maybe that was obvious.
        
       | AzzieElbab wrote:
       | Interesting. I think Musk will be under tones of pressure. How
       | would one play the market against him? Shorts?
        
         | qsi wrote:
         | Once he's taken it private, supposing he succeeds, you can't
         | short the stock anymore as there won't be shares to borrow (or
         | buy, or sell).
        
           | AzzieElbab wrote:
           | That is the thing. I would never bet against him but I don't
           | think he will pull this through
        
             | qsi wrote:
             | Oh, I see. In that case the stock is likely to decline from
             | current levels and you should short it. (Not Investment
             | Advice!)
        
       | cgtyoder wrote:
       | This is exactly why individuals should not be allowed to have
       | tens (let alone hundreds!) of billions of dollars in wealth -
       | they become all-powerful and too easily subvert the will of the
       | people. They become their own ruling class, which is unacceptable
       | in a functioning democracy.
        
         | krrrh wrote:
         | Democracies are great, but they become weak when the majority
         | crushes minority opinion and the chilling effects of a singular
         | ideology makes it difficult for those without resources to
         | speak their minds and openly engage in debate [1][2][3]. And
         | this is even more true when there are few alternate centres of
         | power outside of the state. Billionaires, along with NGOs,
         | unions, etc, provide these alternative centres of power that
         | are essential when a perspective or ideology becomes too
         | hegemonic. This is even more obvious when the whole point of
         | what Elon is doing is trying to do right now is to make twitter
         | a more free, fun, and open platform for people who don't have
         | the fuck you money that he has managed to earn.
         | 
         | Of course the other utility of billionaires is that when
         | they've earned it themselves they have shown some skill at
         | allocating capital, and can pursue important societal goals
         | that government or existing corporations have proven incapable
         | of, like space flight, electric cars, better urban mass
         | transit, brain-computer interfaces, etc.. None of those
         | achievements seem important to people who have decided that
         | Elon == bad for whatever transgression they believe is more
         | important.
         | 
         | [1] https://www.prnewswire.com/news-releases/new-study-shows-
         | peo...
         | 
         | [2] https://www.cato.org/survey-reports/poll-62-americans-say-
         | th...
         | 
         | [3] https://yougov.co.uk/topics/politics/articles-
         | reports/2021/1...
        
           | seoaeu wrote:
           | Important to whom? The same power that lets a billionaire
           | develop spaceflight can also be used to instigate an
           | ecological disaster, roll back human rights, or unleash
           | killer robots.
        
           | colechristensen wrote:
           | You can't just have two possible opinions in society, we've
           | been going more in that direction and it is quite hostile to
           | freedom.
           | 
           | Love him or hate him, Elon adds value because he has a lot of
           | power which isn't at all aligned with either of the two
           | dominating opinions in America.
        
         | colordrops wrote:
         | What is "the will of the people" with regards to Twitter?
        
           | Kye wrote:
           | Twitter couldn't exist in its current form without billions
           | from billionaires carrying it through years of not being able
           | to fund itself. It would have had to grow slowly, probably in
           | some decentralized form like Mastodon did with people and
           | organizations funding their own instances and linking up
           | through a common protocol. The world would have been better
           | for it.
           | 
           | In a different universe, (for example) branches of
           | governments run their own instances for politicians and
           | candidates to speak on without having to worry about clashing
           | with moderation policies that serve other use cases on other
           | instances.
        
           | swalsh wrote:
           | You're only a people if you have a blue checkmark.
        
           | jdrc wrote:
           | The will of twitter employees
        
             | darthg0d wrote:
             | Do you think _all_ Twitter employees have a say in how
             | Twitter is run?
        
         | rwmj wrote:
         | That, or they piss it away on vanity projects like this and
         | level themselves downwards in the process.
        
         | hstan4 wrote:
         | Shouldn't be allowed? What's the magic number the government
         | will stop allowing one to accrue wealth?
        
         | systemvoltage wrote:
         | Zero to Tesla. It's not like he has hundreds of billions of
         | dollars sitting in cash. Almost all of his wealth is in
         | Tesla/SpaceX. He created value from basically zero.
         | 
         | Didn't steal it from anyone.
        
         | hatsubishi wrote:
        
           | CoastalCoder wrote:
           | Your comment seems to cover a lot of territory, but it's not
           | very specific.
           | 
           | If you'd like to go deeper on a single line of criticism of
           | the GP, I'd be interested in reading it.
        
           | akie wrote:
           | It seems to me that you are actually the one who doesn't
           | understand how extreme concentration of wealth has the
           | potential to steer and disrupt societies.
        
         | seanw444 wrote:
         | This is a joke right? I can't believe people unironically have
         | takes like these.
         | 
         | Also, for the love of God, stop calling it a democracy.
        
           | colinmhayes wrote:
           | > Also, for the love of God, stop calling it a democracy.
           | 
           | The US is a democracy though
        
             | seanw444 wrote:
             | It's a Constitutional Republic.
        
               | ickwabe wrote:
               | That's semantic sleight of hand. The US is clearly a
               | representative democracy.
               | 
               | One related opinion on this topic:
               | https://www.theatlantic.com/ideas/archive/2020/11/yes-
               | consti...
        
               | seanw444 wrote:
               | Yes, republics utilize some democracy. Are republics ==
               | democracy? No. Otherwise one of the two words wouldn't
               | exist.
        
               | colinmhayes wrote:
               | It's a square and rectangle situation. Republic is a
               | subset of democracy.
        
               | the_only_law wrote:
               | If you're only allowed a single word to represent
               | anything, I'm afraid much of your sentence is
               | incomprehensible because o many of those words simply
               | can't exist.
        
               | throwaway2048 wrote:
        
               | colinmhayes wrote:
               | Which is a form of democracy...
        
           | jklinger410 wrote:
           | A constitutional republic is a type of democracy. You can't
           | hold an adult conversation with people until you figure that
           | out.
           | 
           | Personal wealth limitations are a completely valid concept
           | and have been considered many times by countries across the
           | world all throughout history.
        
             | the_only_law wrote:
             | > You can't hold an adult conversation with people until
             | you figure that out.
             | 
             | It's a disingenuous argument, that's normally completely
             | aside from whatever topic is going on at the moment, I
             | doubt anyone using it is interesting in "adult
             | conversation".
        
           | mattwest wrote:
           | Yea for sure, it's totally awesome when individuals hold
           | absurd wealth because they never abuse it and we definitely
           | don't have countless examples throughout history of this
           | phenomenon causing harm to society.
        
             | FredPret wrote:
             | And we definitely don't have countless examples throughout
             | history that shows the disastrous consequences of not
             | allowing individual economic freedom and all it entails
        
               | throwaway290 wrote:
               | Economic freedom is like free speech (and any other
               | freedom, really). It can not be absolute unless everyone
               | behaves in good faith, once you assume you have rogue
               | players who exploit the good faith behavior of others you
               | have to have rules.
               | 
               | So you will find literally no place where absolute
               | freedom is practiced, and for good reasons.
               | 
               | Sadly, in case of economic freedom a rogue player who has
               | billions can also have political power to lobby against
               | inconvenient to them rules, and ah everyone wants to be
               | on their good side.
        
               | jklinger410 wrote:
               | One man's economic freedom is another man's economic
               | fascism. You still haven't learned that we are arriving
               | late in a game of monopoly. I doubt you are looking to
               | learn anything in this thread, but I hope you do.
               | 
               | Not only is individual economic freedom already limited
               | in many ways, but also people making your argument leave
               | out (either to be intentionally deceitful or because they
               | are ignorant) that a capitalist globalist system has been
               | at war with alternative economic systems for the entirety
               | of these "countless examples."
               | 
               | History does not actually show that capitalism is the
               | only successful solution, at all, unless you are reading
               | it with half of a brain rotted away by capitalist talking
               | points.
        
               | FredPret wrote:
               | Your fact-free, example-free, and above all pompous line
               | of argument is an excellent antidote to your own ideas
        
               | jklinger410 wrote:
               | I am not surprised that you are confused by my comment.
               | Do you need me to provide the long list of times that the
               | United States has gone to war with countries not
               | participating in the global capitalist economic system?
               | 
               | Or maybe the number of ways that personal wealth is
               | restricted throughout the world? Or how about the number
               | of referendums around limiting personal wealth that have
               | been submitted throughout history?
               | 
               | Or what about societies that successfully existed without
               | what you would consider modern capitalism, whose ideas
               | weren't necessarily proved wrong, but were victims of
               | genocidal attacks by other capitalist countries?
               | 
               | Or should we discuss how the massive innovation and huge
               | success of the United States, often attributed solely to
               | capitalism, is actually (gasp) more complicated than a
               | simple economic life hack?
               | 
               | I'm all ears Fred.
        
               | FredPret wrote:
               | I have neither the time nor the crayons for this, so I'll
               | leave you with this very simple thought:
               | 
               | Economic system A fought economic system B in a decades-
               | long cold war. System A won, on every level, including
               | the standard of living for poor people. System A,
               | therefore, works better than B. QED.
        
               | jklinger410 wrote:
               | You are correct, it is a very simple thought, Fred. I
               | encourage you to try a complicated thought in regards to
               | this topic.
        
               | julienb_sea wrote:
               | Kindly provide a single example of an alternative to
               | capitalism that was in any way "successful" by metrics
               | vaguely comparable to capitalistic success. No, you
               | cannot point at China, their success over the past 5
               | decades was entirely a result of privatization and
               | allowing market forces in their country.
        
               | jklinger410 wrote:
               | Japan did not adopt a form of modern capitalism until the
               | 1800s. The Byzantine empire was never capitalist.
               | Ethiopia did not adopt modern capitalism until it was
               | invaded by the west. Ancient Egypt was never a capitalist
               | society.
               | 
               | > by metrics vaguely comparable to capitalistic success
               | 
               | If you measure by quality of life I'd say it's a dramatic
               | loser.
               | 
               | If you unlearn decades of propaganda and realize the
               | technological revolution was not created by simply
               | stealing the value of labor from the worker and siphoning
               | that up to the ruling class, and then combine that with
               | the understanding that global trade controlled by massive
               | banks created the capacity to destroy alternative
               | economic systems, you might start to reveal the truth.
        
           | qwertygnu wrote:
           | And I can't believe people unironically defend multi-
           | billionaires.
        
             | oceanplexian wrote:
             | I have pretty much zero problem with someone like Musk
             | being a Billionare.
             | 
             | Most billionaires made their money in finance or via
             | generational wealth. Seeing a scrappy immigrant (Even with
             | a $200k business loan) go from practically nothing to the
             | richest man in the world, while doing things that actually
             | have a positive impact on society is pretty much the
             | epitome of the American Dream.
        
               | MisterBastahrd wrote:
               | Musk made his money from a combination of generational
               | wealth and government handouts.
        
               | indiv0 wrote:
               | "Scrappy immigrant" whose father was a half-owner of an
               | emerald mine in Zambia. I can't think of a more on-the-
               | nose example of the evils of generational wealth.
        
               | inglor_cz wrote:
               | So what was Musk's net worth when he was twenty?
               | 
               | Probably less than 0,1 per cent of his net worth today.
               | Possibly less than 0,01 per cent.
               | 
               | Multiplying your net worth by a factor of several
               | thousand is fairly rare, regardless of the circumstances
               | you start in. Most people can't do it, even if they start
               | reasonably well off. For example, Musk's own brother
               | Kimbal couldn't.
        
               | riversflow wrote:
               | > Multiplying your net worth by a factor of several
               | thousand is fairly rare, regardless of the circumstances
               | you start in
               | 
               | lol. No it isn't, maybe if you are born wealthy, but
               | plenty of people have a negative net worth at 20 (no
               | savings yet and student/car loans) and are home owners by
               | 40.
        
               | inglor_cz wrote:
               | Fair enough. But you are basically agreeing with me that
               | those with non-trivial positive net worth in their youth
               | will find multiplying it by several thousand times
               | _harder_.
               | 
               | And we should rule out massive inheritance to be fair,
               | too. That can cause sudden large jumps in net worth.
               | 
               | A person having 10 000 USD in their youth (far from
               | _wealthy_ , just _not poor_ ) would need to aggregate
               | something like 50 million USD in their fifties. Possible,
               | but rare.
        
               | [deleted]
        
             | tasubotadas wrote:
             | Because billionaires are the same people with the same
             | rights like the other people.
        
               | MisterBastahrd wrote:
               | That has no parallel to reality.
               | 
               | At all.
               | 
               | None.
               | 
               | Billionaires have far more rights than normal people.
               | Their wealth affords those rights to them. "Rights"
               | without ability to achieve actual results is just
               | bullshit meant to placate the rabble.
        
               | philosopher1234 wrote:
               | What does it mean to talk about rights? Who cares if I
               | have the "right" to buy twitter and change the way the
               | entire world talks to each other when I have no earthly
               | chance of ever doing it?
               | 
               | Let's talk about reality, not possibility.
        
             | kurisufag wrote:
             | Your phrasing here is odd -- is it a moral wrong to have
             | lots of money? Does having lots of money change the amount
             | someone should be defended on arbitrary issues?
        
         | cwkoss wrote:
         | Bold of you to think the US has a functioning democracy
        
         | annexrichmond wrote:
         | How is this argument relevant? What difference is it whether
         | person A with billions of dollars or person B with billions of
         | dollars of net worth owns Twitter?
         | 
         | Democracy? No one is forcing anyone to use Twitter. Current
         | users are free to leave.
        
         | ambrozk wrote:
         | Exactly. It's sickening to see a billionaire like Elon Musk
         | push around the ordinary people who currently own Twitter! (The
         | ordinary people are Morgan Stanley, BlackRock, and State Street
         | Corp.)
        
           | honeybadger1 wrote:
           | Lol,
           | 
           | People don't care about facts brother, some people are just
           | jealous and love to hate.
        
         | misiti3780 wrote:
         | If you were our supreme leader, how would you prevent private
         | individuals like Musk, Bezos, etc from acquiring their wealth,
         | given it is tied up in the value of very useful companies they
         | created ?
        
           | akomtu wrote:
           | No need to speculate. The US Dept. of Treasury has just
           | created the Office of DEI and that's not an April 1st joke.
           | Musk is simply going to get a low diversity score from that
           | high office and prohibited, by a new statute, from owning
           | more than 10% in a public company.
        
             | TMWNN wrote:
             | >Musk is simply going to get a low diversity score from
             | that high office
             | 
             | Musk is, bona fide, 100% African American.
             | 
             | Checkmate, atheists.
        
           | Phenomenit wrote:
           | Progressive taxation to hundred percent for both individuals
           | and corporations.
        
             | sakopov wrote:
             | That's straight up fucking stupid. 100% tax is not a tax.
             | That's theft.
        
             | godshatter wrote:
             | Well that's one way to get them to leave the country, I
             | guess.
        
           | matsemann wrote:
           | Perhaps by sharing that value with others in the company,
           | thus diluting it from any one person.
           | 
           | Like, there are tens of thousands slaving for these big
           | companies, and a few on top reaping the rewards.
        
             | misiti3780 wrote:
             | Wait, I thought every Tesla employees has to ability to buy
             | the stock at a discount?
             | 
             | https://www.moneycontrol.com/news/automobile/do-tesla-
             | employ...
             | 
             | Also, your solution is now how risk/reward works. The
             | employees starting at Tesla today are not entitled to large
             | amounts of the company because they are coming in on a sure
             | thing. The early employees did get a lot of stock. I
             | personally know someone that worked for tesla in sales in
             | 2008 who walked way from 200K shares because he thought
             | they were worthless.
        
               | rcMgD2BwE72F wrote:
               | Not a Tesla employee, but I bought thousands of TSLA
               | stocks since 2012. Why? Because I was already a spoiled
               | child whereas my coworkers haven't inherited shit and had
               | to pay for their education. I'm a multimillionaire, just
               | from TSLA. Now, my wealth is mostly financial so my tax
               | rate is coming down as I get richer because I earn far
               | more from the stock market than from work. How stupid and
               | unfair is this? We're always focusing on those who earn
               | more their hard work but most people winning are just
               | benefiting from unfair advantages. It's so obvious when
               | this happens to you but I guess few admit that in order
               | to keep some pride in their situation.
        
               | mgfist wrote:
               | You picked the (probably?) single highest performing
               | stock in the past 10 years. Call it luck, but it's not
               | luck because you were born rich. What if you invested in
               | any of the other hundreds of companies that have gone
               | bankrupt or lost most of their value.
               | 
               | In any case being born rich is lucky for many reasons,
               | but not for you investing in the huge gamble that was
               | Tesla
        
               | rcMgD2BwE72F wrote:
               | >Call it luck, but it's not luck because you were born
               | rich
               | 
               | So if I let you flip a coin, give you nothing on tails
               | and $1 million on head, and you win, will you owe your
               | fortune to luck, too?
               | 
               |  _L 'argent ne fait pas le bonheur... de ceux qui n'en
               | ont pas_ ~ Boris Vian
        
               | misiti3780 wrote:
               | I'd arguing that buying 1000s of shares of TSLA in 2012
               | was a very risky, bad idea. Congrats, it worked out for
               | you. If you hate the system that made you so rich, give
               | it all to charity and start over from scratch.
        
               | rcMgD2BwE72F wrote:
               | Risky? No, I did not risk anything but money I did not
               | need. Help me find the charity that will change the
               | system, please. I can't find one and I certainly don't
               | expect money to change anything anyway (since the
               | reasoning itself isn't enough to make people change
               | course).
        
               | misiti3780 wrote:
               | Ok, I suspect your trolling at this point:
               | 
               | If you're not, here you go: https://www.givewell.org/
        
               | FredPret wrote:
               | How is it stupid and unfair? You played a direct role in
               | Tesla's success - you supported them financially at a
               | critical point, which helped get them through the
               | bottleneck
        
               | mahogany wrote:
               | How does buying shares support a company financially? My
               | understanding of the stock market is that buying shares
               | would only help a company during a time when they issue
               | new shares to raise capital, like during an IPO. Are
               | there other ways it helps them?
        
               | FredPret wrote:
               | Buying (and holding) reduces the number of outstanding
               | shares, which supports the share price. So when the
               | business needs cash to invest in new car research, they
               | can issue shares at the higher price. This is exactly
               | what happened at Tesla and also Gamestop. Now, they have
               | so much cash, they are pretty much guaranteed to not
               | fail.
               | 
               | Even a single large, stable investor like Warren Buffett
               | can be a huge help for a company for this reason.
        
               | mahogany wrote:
               | Thanks, I didn't realize issuing new shares after being
               | public was a relatively common activity.
        
               | rcMgD2BwE72F wrote:
               | It's stupid and unfair because only rich people could
               | have a seat at the game table. Of course I did better
               | than other rich capitalists would preferred to invest in
               | a loosers, but is that really the point? For one guy
               | earning millions, thousands are fighting to get a job
               | that pays for food and a roof.
               | 
               | My point is that as inequality increases (since
               | everything is being monetized, without no other
               | consideration than gains and profits), we're making the
               | system even worse by lowering tax rate on the rich. Note
               | that I'm French and both candidates for the presidency
               | intend to lower tax on the rich and privileged. It was
               | already reduced a good deal by making marginal tax rate
               | on capital gains from 45 to 30% (1/3 a drop!) and
               | removing tax on high wealth (I would be over KEUR50 a
               | year, otherwise). I'm paying far less taxes than I'd have
               | under Sarkozy (whose was said to be more fiscal
               | conservative than Macron... go figure).
        
           | cellar_door wrote:
           | Don't worry, it'd just be seized and put in control of very
           | competent and qualified "elected" members of The Party.
        
       | [deleted]
        
       | bg117 wrote:
       | Twitter does not make any great money. It has to go private
       | backed by a wealthy individual to stay afloat for more time
       | without the regulatory worries. It's just a noisy online market
       | place with mostly garbage.
        
       | ab_testing wrote:
       | If I was Jack Dorsey, I would take this deal in a heartbeat.
       | Twitter stock has not gone anywhere in the last 9 years it has
       | been public. It does not make any money. This is like the Yahoo
       | deal where Microsoft offered a bunch of money for Yahoo.
        
       | snowwrestler wrote:
       | As a Twitter shareholder I would vote against this. Musk says
       | there is tremendous financial potential in Twitter but then
       | offers $54 a share, which is not even 2x the IPO price. That's
       | not a "tremendous potential" premium.
       | 
       | There is a lot of evidence that platforms which de-prioritize
       | moderation have trouble attracting revenue and experience
       | significant compliance costs. See: the sad story of Moot, who ran
       | one of the most popular social websites in the world and ended up
       | with absolutely nothing to show for it.
       | 
       | This looks more like a hobby to me than a business decision.
       | Hobbies are fine as long as they don't distract from the job,
       | like Bezos buying Washington Post (he is a hands-off owner who
       | spends very little time on it). But Musk is in two high-risk
       | positions with Tesla and SpaceX. He worked over last Thanksgiving
       | and sent a rather dramatic email about it. So I would be
       | concerned about his ability to multi-task. He has already tried
       | to run three businesses at once and he had to use Tesla to bail
       | himself out of Solar City's troubles.
        
         | poisonarena wrote:
         | >Moot, who ran one of the most popular social websites in the
         | world and ended up with absolutely nothing to show for it.
         | 
         | 4chan? not really a 'social media' website. I think he did a
         | good thing making it and we need more spaces like this in a
         | more restrictive internet space
        
           | ryeights wrote:
           | "Social media" in the traditional sense? Maybe not. But
           | social website? Absolutely!
        
         | cainxinth wrote:
         | > Musk says there is tremendous financial potential in Twitter
         | but then offers $54 a share, which is not even 2x the IPO
         | price.
         | 
         | He means tremendous financial potential for _him_.
        
           | robjan wrote:
           | He means tremendous financial potential under his leadership.
        
             | carnitine wrote:
             | For him though, obviously. He is attempting to take the
             | company private.
        
             | cainxinth wrote:
             | That's what he's selling.
        
           | Geonode wrote:
           | How so when Twitter barely makes any money, and he's got all
           | he could need?
        
             | philosopher1234 wrote:
             | After fighting to accumulate $240B and becoming the worlds
             | most wealthy man, Elon has decided, hey, isn't that enough?
             | I should chill
        
               | Geonode wrote:
               | No, he thought, hey, I'll fix cars, and space, and solar.
               | And that's not going the worst it could go, so maybe I
               | can fix Twitter. He's not doing things for profit.
        
         | MrStonedOne wrote:
        
         | qsi wrote:
         | Why is the IPO price the relevant metric? In fact, I would
         | argue that exactly because it's been such a poor investment
         | since the IPO, the fact that he's willing to offer a premium
         | over recent market prices is a positive. Then again, I don't
         | own any Twitter, so my views are irrelevant in that sense.
        
           | PennRobotics wrote:
           | One major point of going public is to give the first
           | investors liquidity. The banks and funds that supported this
           | financing event (the buyers at IPO) are the ones being
           | pitched: Vanguard, Morgan Stanley, BlackRock, Fidelity, etc.
           | They might have bought the dip but only after buying into the
           | IPO.
           | 
           | TWTR started trading 8.4 years ago at 45/share (after being
           | priced at 26). SPY was priced at 180 and is today at 440.
           | Gold was down near 1200 and is now at 1900. Twitter grew in
           | value at 2.2%/yr before inflation while the S&P index grew
           | 11%/yr. Factoring in the IPO pop (which screws the VCs),
           | Twitter would have grown at 9.1% per year.
           | 
           | (The banks also have strategies that earn them more at IPO,
           | so they probably are earning slightly more than 10% per year
           | on their investment.)
           | 
           | In short, Twitter is not keeping up with the broader economy
           | at Musk's price. You're telling the investment banks, mutual
           | funds, and most-senior vested employees that their company
           | has the same worth as a low-risk government bond or a bar of
           | metal.
        
             | bitshiftfaced wrote:
             | Or they realized that their initial expectations were
             | inaccurate. The market in general sure did, so why not the
             | IPO investors? It boils down to how they perceive the
             | opportunity cost of the decision, not how they valued the
             | company a decade ago.
        
             | qsi wrote:
             | > In short, Twitter is not keeping up with the broader
             | economy at Musk's price. You're telling the investment
             | banks, mutual funds, and most-senior vested employees that
             | their company has the same worth as a low-risk government
             | bond or a bar of metal.
             | 
             | Exactly! The stock has been a terrible investment since
             | IPO, and Twitter management has done a terrible job of
             | unlocking value. It's current management that has failed to
             | keep up with the broader economy. Musk thinks he can do a
             | lot better if he has full control. Musk's price is a
             | reflection of how poorly current management has done; he is
             | not trying to compensate you for future growth.
             | 
             | If you think current management can drive the share price
             | much higher, then you should not sell to Musk. If you think
             | current management is just going to be more of the same,
             | Musk is giving you a big premium over where the stock had
             | been trading, and you should take his offer.
             | 
             | If Musk thinks Twitter will be worth $400 in five years'
             | time, then he can realize that value for himself. He'd be
             | very foolish to offer you that price now.
        
               | PennRobotics wrote:
               | His companies and investments have done well by VC
               | standards. It's probably a "not great" idea to refuse his
               | offer.
               | 
               | I also understand his point about mismanagement from a
               | anecdotal user perspective: I hate the platform but not
               | the concept.                 - Horrendous UX (Why can't I
               | see the context of a tweet?)       - Seemingly crappy bot
               | policing (Really? You, "Megan, Warrior, mother, wife,
               | respect all animals, bless our troops, go cowboys
               | [football][usaflag][fingerhorns]" really have 4138
               | followers and 4087 followed? Plus, the first follower I
               | click has the same corny bio style, 4112 followers and
               | 4056 followed, and only retweets political tweets?)
               | - Creates aggressive echo chambers and lopsided
               | arguments. (Influential user blasts another, their army
               | of followers comment and like each others comments,
               | blasted user's entire dialogue gets buried under army's
               | despite having valid arguments.)       - I'm sick of
               | seeing the thoughts of politicians and celebrities.
        
               | pc86 wrote:
               | I think we agree on Twitter generally but I don't really
               | get your examples. I also have the "Minimal Twitter"
               | extension installed, and use Twitter exclusively on
               | desktop so that certainly may color my opinions.
               | 
               | 1. Seeing the context is as easy as clicking on the
               | tweet. Tracking multiple threads off the same initial
               | tweet would be nice if it were easier, but I'm not sure
               | the UX would work for something like that (it's not an
               | easy problem).
               | 
               | 2. 100% agreed that the bot policing is garbage.
               | 
               | 3. I think this is part of the chronological aspect of
               | threads and replies, I'm not sure how you fix this
               | without having an algorithm decide which tweets to show,
               | which has its own host of problems.
               | 
               | 4. I only see these when someone I follow retweets it,
               | which is almost always something political. I honestly
               | don't remember the last time I've seen a celebrity tweet,
               | but that might be because of the extension I've
               | installed.
        
           | [deleted]
        
           | pc86 wrote:
           | Because that's probably when the GP bought in, and the GP is
           | mostly concerned about what _their return_ would be from
           | this.
           | 
           | A 54% premium on the current price is absolutely in the
           | ballpark of "tremendous potential." If you think it's not,
           | it's easy to vote against this. I'm not sure I buy Elon's
           | "the company has to be private to make these changes"
           | argument, and if there was a path for current public
           | shareholders to remain private shareholders and potentially
           | reap the rewards of a future acquisition or second IPO, I
           | think a lot of them would be all for it.
        
             | hackernewds wrote:
             | Who is GP?
        
               | tekronis wrote:
               | GP in this context is most likely the General Partners.
        
               | MezzoDelCammin wrote:
               | IMO it's General Public
        
               | fishtoaster wrote:
               | The "Grand Parent" commenter - that is, the HN user
               | "snowwrestler".
        
               | throwaway-jim wrote:
               | I thought it was "general public"
        
               | pc86 wrote:
               | Snowwrestler in this context, I've always taken it to
               | mean two comments above whatever comment says "GP"
               | (grandparent/grandposter of current comment). But I've
               | seen GP/OP used in slightly different contexts which is
               | sometimes a bit confusing admittedly.
        
               | zekrioca wrote:
               | Yes, I always thought GP and OP were similar..
        
         | wdn wrote:
         | If you are a TWTR shareholder, then you should vote for this
         | deal.
         | 
         | Just open a chart and see what a disaster TWTR stock is since
         | transitioned into the Biden administration. The market
         | (institution shareholders) is not stupid. The lower price is
         | how the free market punish TWTR for their actions. They have
         | lost a lot of their users due to many of their limited free
         | speech and work with government actions.
        
           | jmull wrote:
           | > They have lost a lot of their users due to many of their
           | limited free speech and work with government actions.
           | 
           | I thought people were mad at Twitter for resisting the
           | government, not working with it -- when they were pushing
           | back against the president of the US.
        
             | noir_lord wrote:
             | I'm not sure I'd expect coherence from anyone who has a
             | problem with Trump getting banned from Twitter.
             | 
             | The biggest problem twitter had there was that they had
             | rules and then certain users with such a large following
             | that they where unwilling to enforce them.
             | 
             | It took a literal insurrection on the capitol to do it.
             | 
             | I don't have a solution, moderation is inherently a problem
             | for that case.
        
           | basisword wrote:
           | It's absolutely nothing to do with Biden. TWTR start sliding
           | in October, 10 months after he took office. It's currently
           | the same price as late 2020. It's almost like there is a war,
           | another wave in the pandemic, and sudden inflation and those
           | things are effecting the markets overall.
        
             | bushbaba wrote:
             | Trump brought a lot of attention to twitter.
        
             | zwily wrote:
             | Twitter has underperformed the market overall.
        
         | basisword wrote:
         | >> This looks more like a hobby to me than a business decision.
         | Hobbies are fine as long as they don't distract from the job
         | 
         | If he's taking the company private the future of the company
         | should be irrelevant to you right? The only thing that matters
         | is whether or not you think the price is fair.
         | 
         | >> Musk says there is tremendous financial potential in Twitter
         | but then offers $54 a share, which is not even 2x the IPO
         | price. That's not a "tremendous potential" premium.
         | 
         | He believes the potential is predicated on taking it private
         | and clearing house. The IPO price also seems irrelevant.
         | Whether or not you think Twitter can exceed that price again is
         | relevant.
         | 
         | Given it was at ~$70 last year he seems to be coming in too low
         | for me as I think Twitter can get back to that point relatively
         | quickly.
        
           | mkolodny wrote:
           | > If he's taking the company private the future of the
           | company should be irrelevant to you right? The only thing
           | that matters is whether or not you think the price is fair.
           | 
           | The future of the company is relevant to you if you care
           | about Twitter and it's impact on the world.
           | 
           | Even if you're a shareholder, you can care about more than
           | just money. Shares represent more than money - they also
           | represent power.
           | 
           | Shareholders have the power to decide whether the wealthiest
           | person in the world should take unsolicited control over
           | what's arguably the most powerful communication platform in
           | the world.
        
           | snowwrestler wrote:
           | I agree with you that $54 is too low. Basically I don't think
           | his pitch matches his offered price, and I think the
           | explanation is that he is trying to buy a hobby on sale.
        
           | Dangeranger wrote:
           | It's possible that the OP holds stock for reasons beyond the
           | financial investment, and wants to see Twitter add value to
           | society in some way.
           | 
           | Telling someone what criteria they should use to make their
           | own decisions is quite arrogant, and out of line.
           | 
           | If you want to use the stock price as your sole metric for
           | deciding on accepting an offer, that's up to you.
        
             | basisword wrote:
             | OP mentioned being worried changes Musk implements would
             | effect revenue opportunities. They also mentioned the offer
             | was poor because it didn't match up to the IPO price. I
             | think my assumption that the OP cares about this as a
             | financial investment is fair.
             | 
             | The real arrogant move is jumping into a conversation to
             | tell someone they are arrogant without any evidence to back
             | it up.
        
             | cabbageicefruit wrote:
             | For starters, GP's comment is absolutely not out of line,
             | as explained in their sibling comment to this.
             | 
             | Second, a large amount of your comment history is just
             | telling people how "out of line" their comments are. There
             | is a downvote button for that. Stop spamming it. It is you
             | who is out of line.
        
               | Dangeranger wrote:
               | Please read the HN rules, they're not long.
               | 
               | The downvote button is for low quality comments, not for
               | disagreement. If you had been here for any significant
               | length of time, you would know that.
               | 
               | It's also a bit ironic when you say "stop spamming" from
               | a sock puppet account you created specifically to reply
               | to my comment, but you probably already knew that when
               | you did it.
        
               | oceliker wrote:
               | > Please don't post insinuations about astroturfing,
               | shilling, bots, brigading, foreign agents and the like.
               | It degrades discussion and is usually mistaken.
               | 
               | https://news.ycombinator.com/newsguidelines.html
        
               | Dangeranger wrote:
               | I did not accuse them of astroturfing, shilling, being a
               | bot, brigading, or being a foreign agent.
               | 
               | I said they were a sock puppet account created three
               | minutes before leaving their one and only comment as a
               | reply to my own. These claims are verifiable, and their
               | behavior lowers the standard of discourse in this forum.
        
               | oceliker wrote:
               | Just because their account was created for this comment,
               | does not mean the comment itself is worth disregarding.
               | Throwaway accounts exist for many reasons.
               | 
               | You can address their point and move on. Leveling
               | accusations unrelated to the point lowers the standard of
               | discourse too.
               | 
               | edit: to add to this, the claim that this is a sockpuppet
               | is not a verifiable claim.
        
             | Sohcahtoa82 wrote:
             | > and wants to see Twitter add value to society in some
             | way.
             | 
             | Define "add value", because otherwise I'm laughing hard at
             | this notion.
             | 
             | If you define it purely as "produce a product that people
             | enjoy using or find useful", then sure, it adds value.
             | 
             | But at a higher level, asking if it's a net positive on
             | society as a whole, and I'd say Twitter will never succeed
             | at that. Social media has caused a breakdown in political
             | discourse where people no longer seek to understand, but
             | instead seek to "win", and Twitter's short message limit
             | completely eliminated any possibility of actual
             | conversations in favor of 140-character[0] zingers that are
             | nothing more than ridiculous straw men. Nuance is a thing
             | of the past.
             | 
             | [0] I know it's 280 now, but for the longest time it was
             | 140, and I'm not sure the difference really matters. It's
             | still incredibly limiting.
        
               | mulmen wrote:
               | I'm not convinced Twitter changed political discourse. It
               | just lowered the price of a microphone to a point that I
               | can get public-transit levels of discourse without
               | leaving my home.
        
               | sangnoir wrote:
               | > Define "add value", because otherwise I'm laughing hard
               | at this notion.
               | 
               | I have a NLP/linguistics hobby,and Twitter has been a
               | fantastic gold mine for generating corpora for "low-
               | resource[1]" languages. No other social network is as
               | open as Twitter is to scraping such information, and I
               | have no confidence this will be the case if it's taken
               | private to "unlock value". Hell, I even planned to use a
               | Twitter bot to generate parallel corpora (for
               | translations) since Twitter provides easy and _free_
               | access to native speakers of almost every language that
               | is currently spoken on this planet.
               | 
               | I'm just a filthy casual, I bet there are hundreds (or
               | thousands) of PhDs and papers that would not have been
               | possible without Twitter; I have no doubt that Twitter
               | adds value to society by virtue of its breadth and
               | openness. Sadly, Twitter is also is detrimental to
               | society, by virtue of its breadth and openness; but I
               | know which side is easier to monetized.
               | 
               | 1. https://datascience.stackexchange.com/questions/62868/
               | high-l...
        
               | cnelsenmilt wrote:
               | I agree with you, certainly, but you must see that a
               | shareholder could _believe_ that Twitter has this
               | potential under current management but wouldn 't under
               | Musk, or under a different management but still not with
               | Musk. Whether they are mistaken can only be determined by
               | playing out the future.
        
         | ceejayoz wrote:
         | I'd presume he means tremendous potential _if_ he's allowed to
         | take it over.
         | 
         | "Gimme your stagnant site, at a premium, and I will fix it."
         | 
         | That said, I'd vote against, as well.
        
         | panick21_ wrote:
         | > There is a lot of evidence that platforms which de-prioritize
         | moderation have trouble attracting revenue and experience
         | significant compliance costs.
         | 
         | I think Musk would moderate bots more given his experience. But
         | people less maybe.
         | 
         | > use Tesla to bail himself out of Solar City's troubles
         | 
         | He didn't run Solar City I don't think.
        
           | alphabettsy wrote:
           | > I think Musk would moderate bots more given his experience.
           | But people less maybe.
           | 
           | Maybe. https://news.ycombinator.com/item?id=31006124
        
           | rootusrootus wrote:
           | > He didn't run Solar City I don't think.
           | 
           | He was chairman, and his cousins were the founders. Who
           | started the company on his suggestion.
        
         | hackernewds wrote:
         | This assumes Musk is serious about his offer. Recently he did
         | the same with Doge
         | 
         | _buys Dogecoin_ "TSLA will accept Dogecoin" TSLA does not
         | accept Dogecoin. Musk sells Dogecoin for a profit "Jk"
        
         | JackFr wrote:
         | > See: the sad story of Moot, who ran one of the most popular
         | social websites in the world and ended up with absolutely
         | nothing to show for it.
         | 
         | Normally "Really? I've never heard of it." isn't good evidence,
         | but when you're asserting that Moot was one of the _most
         | popular social websites in the world_ it does have some
         | bearing.
        
           | Gigachad wrote:
           | Moot is the nick name for the founder of 4chan.
        
             | Loughla wrote:
             | And the fact that a poster on a tech focused forum didn't
             | even know who Moot is, is proof itself that he got nothing
             | in the end.
             | 
             | And it's really weird. I assumed Moot was mega famous with
             | tech folks.
        
               | JackFr wrote:
               | Ok. Maybe it is me.
               | 
               | But that is weird. I mean I don't really think that my
               | finger is on the pulse of the tech community but I've
               | been on this site for the past 10 years.
        
               | hutzlibu wrote:
               | Well, most of 4chan is weird, so this fits ...
               | 
               | (Nothing wrong with weirdness, though, up to a certain
               | level of messed up)
        
               | nemothekid wrote:
               | 4chan is 18 years old and moot stepped down 7 years ago.
               | I can totally see younger engineers having no idea who he
               | is.
        
               | throwawayboise wrote:
               | I mean, I've heard of 4chan of course. Never visited
               | there, but heard of it. Never heard of Moot before today.
               | In tech 30+ years.
        
               | nomorecomp wrote:
               | > And it's really weird. I assumed Moot was mega famous
               | with tech folks.
               | 
               | Only a certain subsection of us. My husband used 4chan in
               | high school and college and told me about it and that's
               | how I learned about him. 4chan is definitely a good case
               | study in how being popular and engaging won't lead to
               | monetary gains if your platform is too toxic. 4chan is
               | still quite popular but half of the site is infested with
               | actual "Hitler did nothing wrong" types.
        
           | [deleted]
        
         | tonguez wrote:
         | " See: the sad story of Moot, who ran one of the most popular
         | social websites in the world and ended up with absolutely
         | nothing to show for it."
         | 
         | when you say absolutely nothing you mean money. but millions of
         | people have fond memories of what his site used to be. nobody
         | would say that about facebook or twitter.
        
           | Klonoar wrote:
           | ...what even is this take?
           | 
           | Plenty of people have positive memories of both Twitter and
           | Facebook.
        
         | sensanaty wrote:
         | moot made 4chan and ran it off servers in his basement because
         | he was inspired by Futaba channel and 2chan, and he wanted to
         | create an English-oriented forum to discuss anime with others
         | in an anonymous fashion.
         | 
         | I wouldn't say he got nothing to show for it, considering his
         | goal never was financial gain or anything of the sort.
        
           | gambiting wrote:
           | Also, 4chan still exists and is relatively popular in some
           | communities. That is _something_ , to some people that's
           | worth more than money.
        
         | jansen555 wrote:
        
         | qiskit wrote:
         | > As a Twitter shareholder I would vote against this.
         | 
         | Which is your right, but do you own nearly 10% of twitter like
         | elon musk with the ability to buy up to nearly 15%? Unless you
         | own big blocks of shares, your vote really doesn't matter.
         | 
         | > Musk says there is tremendous financial potential in Twitter
         | but then offers $54 a share, which is not even 2x the IPO
         | price.
         | 
         | Twitter IPO'd nearly 10 years ago. The IPO price really doesn't
         | factor in today.
         | 
         | Musk offered $54 and twtr is currently trading less than $47.
         | It means that major investors don't value twtr higher than $54
         | and do not expect a bidding war. If twtr was trading above $54,
         | then it would indicate that musk was undervaluing twtr and
         | investors expect a bidding war. Also, the fact that it is
         | trading so much below $54 indicates that many don't expect twtr
         | to sell itself to musk. Regardless, it will be interesting what
         | happens in the coming months.
        
         | throw123123123 wrote:
         | If this offer is rejected twitter stock will go -30/-50% so if
         | your north start is prices this is as good as it gets.
        
           | kvetching wrote:
        
         | sshine wrote:
         | Some valid points here, some FUD.
         | 
         | It might be a hobby decision, or it might be self-protection
         | against censorship; I'd like to know.
         | 
         | As an owner, he wouldn't have to be the person running the
         | shop. Unlike Tesla and SpaceX, I'm sure Twitter can be managed
         | by someone other than himself.
        
           | rwmj wrote:
           | _> it might be self-protection against censorship_
           | 
           | I think basic web hosting would be a bit cheaper.
        
           | Loughla wrote:
           | >Unlike Tesla and SpaceX, I'm sure Twitter can be managed by
           | someone other than himself.
           | 
           | Isn't past behavior the best indicator of future behavior?
        
             | gpm wrote:
             | It's an indicator, not always the best one though. Your car
             | has probably started every time you tried for years, but if
             | it's suddenly -50c it's a very good bet that it won't this
             | time.
             | 
             | In this case it's pretty clear that Musk doesn't have the
             | bandwidth to run another company in the same way as he runs
             | Tesla and SpaceX. You can reach that conclusion any number
             | of ways, counting the number of hours he (claims to/appears
             | to) put in, listening to his own statements on the matter -
             | where he has repeatedly outright said this, observing his
             | relatively hand-off approach to his more recent ventures
             | like neural-link or the boring company.
             | 
             | It seems unlikely that his behavior at Tesla or SpaceX is
             | about to change significantly, so it seems unlikely that
             | he'll try and take as active a roll at twitter.
        
         | bambax wrote:
         | We're not sure he really wants to buy Twitter. This could
         | simply be a stunt.
         | 
         | I don't think he works too much; on the contrary, I think he's
         | bored.
        
         | loceng wrote:
         | You're not focusing on foundational principles - you're looking
         | at current status quo surface level/shallow consequences of
         | decisions.
         | 
         | E.g. Low moderation making difficulty attracting revenue is
         | because that's based on an ad revenue based model.
         | 
         | Tesla and SpaceX aren't high risk positions - both have been
         | proven for years now.
         | 
         | You're concerned about his ability to multi-task because he's
         | successfully turned Tesla into the most valuable company in the
         | world, and at the same time lead SpaceX to probably the most
         | valuable private company in the world?
         | 
         | I'd saw your analysis is at least a few degrees off.
         | 
         | Did you consider what will happen to your current stock value
         | if the BOD doesn't sell to Elon, and if Elon then sells off his
         | shares and starts a competitor and moves himself and others
         | follow? Do you think Twitter is anywhere near an upward
         | trajectory that will provide you a better return than the
         | relative stagnant value the stock has had for awhile now?
        
         | RockyMcNuts wrote:
         | probably just wants to get Benioff or someone else to step up,
         | make a couple of billion, further buff his edgelord street
         | cred.
        
         | xhkkffbf wrote:
         | If you think the premium isn't high enough, the best thing to
         | do is borrow some money and launch your own bid. Go for it, I
         | say!
        
         | moralsupply wrote:
        
         | cloutchaser wrote:
         | You are implying that advertisers would boycott a free speech
         | platform, and this might be true for some advertisers, when
         | Facebook was boycotted by some activist businesses it didn't
         | dent their bottom line.
         | 
         | Also - Twitter is more of a networking and influence tool in my
         | opinion for "important people". These people are MUCH more
         | likely to pay for Twitter, it's not like facebook where 99% of
         | people would never pay for it. Which I think is what Musk was
         | hinting at with blue badges for $2.
         | 
         | If he does that, boycotting advertisers will matter much less.
        
           | XorNot wrote:
           | How many "important people" do you think exist on Twitter?
           | It's a few thousand, maybe tens of thousands at most.
           | 
           | So that revenue is worth, what, $50,000 a year?
        
             | kbelder wrote:
             | How many people on twitter _think_ they 're important?
             | That's the more pertinent question.
        
           | nemothekid wrote:
           | Advertisers didn't boycott Facebook because Facebook ads are
           | a money making machine. They demonstrably work because of the
           | depth and breadth of Facebook's data targeting. You can't
           | compare it to Twitter; advertisers may be more willing to
           | dump Twitter as a platform as it isn't as valuable.
        
         | jmull wrote:
         | My first thought on hearing this was, "What a low-ball offer.
         | This isn't really serious."
        
           | polski-g wrote:
           | 25% over current share is price quite typical.
        
             | JacobThreeThree wrote:
             | Yeah, the idea that if an offer is not twice the IPO price
             | it's not a good offer, doesn't make much sense.
        
               | hackernewds wrote:
               | Right it's baseline off the current price. Things have
               | changed since IPO (for the worse for Twitter)
        
       | [deleted]
        
       | rprenger wrote:
       | Is this a high enough price to be considered a "Bear Hug"? I
       | immediately thought of this scene from Succession:
       | https://www.youtube.com/watch?v=v4QHqjel4kI
        
       | skilled wrote:
       | [redacted comment complaining about the use of word "hostile" in
       | title which apparently is a financial term]
        
         | ekianjo wrote:
         | hostile takeover is a common way to describe the fact that you
         | are taking over a company by buying back its public share.
         | Nothing unusual if you read financial news.
        
           | qsi wrote:
           | And specifically without the board's consent, or in active
           | opposition to the board.
        
         | john_cogs wrote:
         | Hostile takeover is an investment term.
         | 
         | When you attempt to buy a company without the board's consent,
         | it is considered a hostile takeover.
        
       | paganel wrote:
       | I personally think this is excellent, in the great scheme of
       | things, maybe this will open a real discussion about the real
       | oligarchic nature of the US political and societal life at the
       | top.
       | 
       | I mean, with tech titan (and second wealthiest man on the planet)
       | Bezos owning the WaPo, the moment the tech titan (and the
       | wealthiest man on the planet) Musk will put his hands on Twitter
       | hopefully will also be the moment of some "enlightenment" for the
       | educated masses. Or maybe I'm just day-dreaming.
        
         | MichaelMoser123 wrote:
         | Speaking about enlightenment, isn't it strange that Elon Musk
         | is into politics now? I mean he wants to go to Mars, his
         | project was "Flyin' mother nature's silver seed to a new home
         | in the sun", and now he goes right in the opposite direction.
         | Did he have any major setbacks with his Starship?
        
           | codeulike wrote:
           | I'm wondering if this whole 'buy twitter' idea is some sort
           | of displacement activity from stressful problems in either
           | spacex or tesla. I'm a fan of both companies but I know he
           | drives them hard and takes lots of expansion risks/gambles
           | with them (innovation is a gamble at the end of the day).
        
           | ncmncm wrote:
           | It reveals that everything he ever said about Mars, or about
           | global climate catastrophe, was just so much posturing.
        
             | garbagetime wrote:
             | How?
        
               | ncmncm wrote:
               | Money is fungible. Dollars put into Twitter are, exactly,
               | dollars _not_ put into those other things.
               | 
               | Dollars speak louder than words. Musk can say anything,
               | anytime. What he does with his money demonstrates what he
               | believes.
        
               | djhn wrote:
               | Unless he thinks those dollars, turned via Twitter into
               | leverage and influence, will have a payoff in the space
               | space?
        
               | ncmncm wrote:
               | You must have seen how he tweets, no?
        
         | avisser wrote:
         | The Zuck needs to be in that 2nd graph.
        
         | Veedrac wrote:
         | This is not oligarchy. Using that term here makes no sense.
        
           | [deleted]
        
         | tick_tock_tick wrote:
         | I mean by and large the success of first generation billions
         | and the power they manage to control kinda show with enough
         | money it doesn't matter that he is explicit not part of the
         | "real oligarchic nature of the US political and societal life".
        
         | hintymad wrote:
         | As much as I don't like WaPo's Opinion columns and Twitter's
         | double standards in content moderation, I don't think the two
         | companies are puppets of their owners. The staff there have
         | their mostly left-leaning political view point and their own
         | moral standard. I don't necessarily agree with their view, but
         | it's their view and their voice nonetheless.
        
           | colordrops wrote:
           | So you are saying that it's a coincidence that WaPo, owned by
           | Bezos, who was in a public fued with Bernie Sanders, ran 16
           | hit pieces on Sanders in less than a day?
           | 
           | https://fair.org/home/washington-post-ran-16-negative-
           | storie...
        
             | hintymad wrote:
             | Wow, I didn't know that. By the way, the first piece in the
             | article is titled "Bernie Sanders Pledges the US Won't Be
             | No. 1 in Incarceration. He'll Need to Release Lots of
             | Criminals". This curiously contradicts to Dem's narrative
             | in the past two years that our criminal laws are too harsh
             | and too racist and we should drive more leniency.
        
           | abvdasker wrote:
           | What other reason could the billionaires possibly have for
           | owning these companies? I doubt it's out of the goodness of
           | their hearts and given the success of their other businesses
           | probably isn't about making money.
           | 
           | This is just robber barons all over again and to believe
           | otherwise one would have to be pretty ignorant of America's
           | history. Chomsky's best insights are about how this kind of
           | control actually works and it isn't really that journalists
           | are censored by owners (though this does occasionally
           | happen).
        
             | oceanplexian wrote:
             | They probably own them for a lot of reasons: WaPo was
             | failing and running a loss at the time that Bezos purchased
             | it. Twitter is in the same boat due to poor management;
             | it's losing money and headed towards failure. If Musk can
             | turn it around he can A) Make a bunch of money, B) Save a
             | useful tool for online communications and C) Promote his
             | values when hiring leaders at the company.
             | 
             | I doubt Elon is going to be personally moderating every
             | Tweet, however it is likely that their corporate values
             | system might change.
        
               | moffkalast wrote:
               | > Elon is going to be personally moderating every Tweet
               | 
               | Why do you think he's doing neuralink eh? Wake up
               | sheeple!
        
               | tonguez wrote:
               | "They probably own them for a lot of reasons"
               | 
               | "I doubt Elon is going to be personally moderating every
               | Tweet"
               | 
               | why even post this?
        
             | pvarangot wrote:
             | Buying a media outlet is like buying the yacht and buying
             | the plane. It's like just something of the "everyone in the
             | club has one!" types of stuff you buy when you have enough
             | capital to run your own private country.
        
               | [deleted]
        
           | cwkoss wrote:
           | Wapo is a smartly used puppet - if the bias was overt it
           | wouldn't be effective.
        
           | hintymad wrote:
           | I realized that "left-leaning" is an inaccurate
           | characterization. To me being left means being liberal. To
           | quote wikipedia, "Liberalism is a political and moral
           | philosophy based on the rights of the individual, liberty,
           | consent of the governed and equality before the law. " And I
           | subscribe to liberalism.
           | 
           | Twitter and WaPo's staff, sometimes, are nothing but liberal.
           | A liberal wouldn't call anyone who questioned Fauci nazi or
           | anti-science. A liberal wouldn't want to lock someone up or
           | doxx someone just because they criticize Biden government. A
           | liberal wouldn't celebrate the illness of Justice Thomas just
           | because he is a conservative. A liberal wouldn't call someone
           | who criticizes Sharia a xenophobic yet thinks it's totally
           | okay for Khamenei to call for "eradicating" an entire nation
           | and its people. A liberal wouldn't blatantly call Asian
           | parents racists just because they support standard tests and
           | entrance exams by popular schools. A liberal wouldn't call a
           | government Nazi who didn't even try to consolidate power in
           | the pandemic but celebrate another government for
           | consolidating lots of power in the name of handling the
           | pandemic.
           | 
           | Those people do not appear to be liberals. They are radicals.
        
             | cryptonector wrote:
             | Historically, "liberal" encompassed markets. I.e.,
             | historically, "liberalism" encompassed capitalism (in the
             | sense of being mostly free to trade one's labor for others'
             | goods and services). "Left-leaning" thinking is generally
             | very suspicious of, if not outright opposed to, capitalism,
             | and in that sense "left-leaning" is very illiberal. The
             | meanings of these terms have shifted somewhat over time, so
             | to equate "left-leaning" and "liberal" isn't wrong at all.
             | 
             | One distinction I find helps is between "capitalism" and
             | "capitalist". To me "capitalism" == "freedom to trade
             | property, labor, goods, and services" (which, due to human
             | nature, does lead to wealth accumulation), while
             | "capitalist" doesn't mean "someone who believes in
             | capitalism" so much as "oligarch" / "robber baron".
             | 
             | A colleague once put it to me like so: trust in capitalism,
             | not capitalists.
             | 
             | Capitalists all too often rent-seek, and because they have
             | accumulated enough capital to have outsize political power,
             | they are a threat to their societies.
             | 
             | Capitalism, in so far as it produces capitalists, is
             | dangerous, but if the alternative is less freedom for
             | individuals lest some of them become tomorrow's capitalists
             | -especially if it is significantly less freedom- then I'd
             | rather stick to capitalism. Of course, this is a result of
             | my definition of "capitalism", and you might well disagree,
             | but forget what word we should use to name a system with
             | such freedoms. The important thing is the idea that those
             | freedoms are a good thing, and that not having them is a
             | bad thing, and that the price to pay for them is the risk
             | of oligarchs arising, and that we need mechanisms to deal
             | with that problem that don't throw the baby out with the
             | bath water!
        
             | Jotra7 wrote:
        
           | tonguez wrote:
           | That's because they only hire staff who have the opinions
           | that the people who own the organization want them to have.
           | There's nothing left-leaning about corporate censorship,
           | which Twitter embodies. It's all neoconservative war
           | propaganda.
        
         | memish wrote:
         | This is a good point. Everyone that thought it was great
         | twitter was centralized and saying "it's a private company,
         | they can censor what they want" and "go make your own platform"
         | will have to contend with their once convenient unprincipled
         | position.
        
         | BeKindAndLearn wrote:
         | Oligarchs controlling every form of my mass communication can
         | only make things worse, though.
        
           | jesusofnazarath wrote:
        
           | dragonwriter wrote:
           | > Oligarchs controlling every form of my mass communication
           | can only make things worse, though
           | 
           | How can it make things worse when it has literally always
           | been the case as long as there has been "mass communication"?
        
           | linguistbreaker wrote:
           | A media company having a legal obligation to maximize profits
           | seems at least as bad for journalism as private ownership as
           | there's zero room for any sort of integrity.
        
           | RustyConsul wrote:
           | 'Oligarchs' historically have gained influence and fielty to
           | a nationstate. We are at a new form of Oligarchy, where the
           | business magnates are able to operate internationally on a
           | scale never seen before.
           | 
           | Historically, taxation has been the most profitable form of
           | revenue generation. But thats no longer the case. With
           | globalism and multi-national product creation, a single
           | person in a nation can be many times richer than any
           | nationstate, with technology above and beyond any
           | nationstate. What happens when musk has electric jets and
           | fully-reusable ICBM's, has remade the world power grid in his
           | image, is one of few entitys even able to get to mars let
           | alone command and control the resources of the astroid belt.
        
             | ch4s3 wrote:
             | > can be many times richer than any nationstate
             | 
             | The US economy flits around $22 trillion per year and the
             | US budget last year was 30% of that. There isn't a single
             | trillionaire in the world. The US government has the
             | historically unprecedented ability to project hard power
             | around the globe within hours of deciding to do so. Musk
             | has little more than influence, and congress doesn't seem
             | to like him very much.
        
               | LordDragonfang wrote:
               | While saying _any_ nationstate might be hyperbole, it 's
               | fair to say they surpass all but the richest.
               | 
               | The most recent figures I can find for Amazon's operating
               | budget list it at well over $500B, which puts it within
               | an order of magnitude of the single richest country in
               | the world; it would end up in the top 10 if it were
               | itself a country[1]
               | 
               | Keep in mind also that a large part of the US's wealth is
               | derived _from_ having these nation-state-level
               | corporations within its financial jurisdiction.
               | 
               | [1] https://en.wikipedia.org/wiki/List_of_countries_by_go
               | vernmen...
        
               | RustyConsul wrote:
               | If profits > tax && MultinationalProfits == True {
               | totalWealthPercentage = totalWealthPercentage + Profits;
               | Nationstate = nationstate + tax }
               | 
               | Run that through alot of loops and eventually
               | corporations aree biggeer than any nationstate
               | Vec<Nationstate> by design of the system.
        
               | RustyConsul wrote:
               | Internet, Grid, Rockets, astroid belt.
               | 
               | You know there's a giant ball of platinum floating around
               | just outside mars thats worth 1.7 Quintillian?
               | 
               | Today does not represent tomorrow.
        
             | tiahura wrote:
             | My new personal pet peeve has been the torturing of the
             | word oligarch. It's now come to mean "rich person I don't
             | like."
             | 
             | From my vantage point, it's hard to see how Elon Musk is
             | making any governmental policy decisions - and thus isn't
             | an oligarch. But maybe you have some examples?
             | 
             | Musk is extremely rich and can buy a lot of stuff. That's
             | entirely different than determining agricultural policy, or
             | putting people in jail, or conducting the census, or
             | maintaining the border, or doing anything else that a ruler
             | does.
        
               | botverse wrote:
               | Being a lawmaker in the current capitalist society
               | doesn't make you the ruler (see lobbying). I'd say the
               | few that rule are those with large amount of capital and
               | influence, so oligarch is well applied here
               | 
               | Edit: also one of the perks for rulers on the worse
               | regimes (authoritarian regimes, monarchies) is that law
               | is not the same for the few that tule than for the rest,
               | law is definitely not the same from the point of view of
               | this wealth maxers
        
               | tiahura wrote:
               | Why would you lobby someone who doesn't rule?
               | 
               | I'm still waiting for examples of how Musk has exercised
               | his sovereign power.
        
               | justinpowers wrote:
               | You're right in the sense that people often use the term
               | imprecisely and hyperbolically, but in this discussion
               | they are more right than wrong, at least by this measure:
               | https://en.wikipedia.org/wiki/Oligarchy#Putative_oligarch
               | ies
               | 
               | > That's entirely different than determining agricultural
               | policy, or putting people in jail, or conducting the
               | census, or maintaining the border, or doing anything else
               | that a ruler does
               | 
               | You're making a mistake of your own by conflating
               | oligarchy with tyranny. They often go hand in hand, with
               | the former generally preceding the latter. So it's
               | probably better to cry oligarchy before it's a given
               | rather than afterwards.
        
               | agalunar wrote:
               | The poorest 70-90% of Americans effectively have no
               | representation - there is almost no correlation between
               | their policy preferences and the voting record of their
               | representatives.
               | 
               | On the other hand, enacted policy aligns quite well with
               | the interests of large corporations, and I'm not aware of
               | any causal explanation besides the obvious one.
               | 
               | If Elon steers Tesla and SpaceX, he is indirectly
               | steering congress (or at least has his hand on the
               | wheel).
        
               | betwixthewires wrote:
               | That's still a far cry away from an oligarch.
        
           | SteveDR wrote:
           | Isn't that the current state of things?
           | 
           | If musk makes this purchase it won't centralize power any
           | more, but it will draw attention to how centralized that
           | power is. Which is a good thing
        
             | res0nat0r wrote:
             | Elon doesn't care about "free speech", he wants to own
             | Twitter so he can post whatever racist nonsense he wants to
             | garner more attention for himself, manipulate stock prices,
             | and not worry about being banned from the platform.
        
               | mdoms wrote:
               | People I don't like are racist!
        
               | Jotra7 wrote:
        
               | res0nat0r wrote:
               | Actually no, all of the racist and sexist rightwing memes
               | he keeps shitposting on Twitter are in fact the issue.
        
               | k1ko wrote:
               | Have heard a lot of criticisms of Musk but first time I'm
               | seeing racist. Congrats you win the reddit award.
        
               | cryptonector wrote:
               | Is that like a level below Godwin's Law?
        
               | res0nat0r wrote:
               | Have you paid attention to his Twitter feed at all in the
               | last few years?
        
               | cma wrote:
               | He has been pretty much promoting "Great Replacement"
               | racist stuff lately.
        
             | rajin444 wrote:
             | For whatever reason people think we live in a democracy and
             | not an oligarchy. I guess it's in the oligarchs best
             | interest to keep that facade up.
        
               | adamrezich wrote:
               | search news.google.com for "oligarch" and see the pattern
               | of how the media has propagandistically twisted this word
               | to only mean a specific kind of person now, conveniently
               | excluding those that control _our_ (Western) societies.
        
               | [deleted]
        
             | sohdas wrote:
             | You're saying that oligarchs taking control is good because
             | it will cause more people to realize that oligarchs are
             | taking control?
        
               | dragonwriter wrote:
               | No, I think he is saying an oligarch that has a lot of
               | focus on the rest of the oligarchically controlled media
               | taking control of this piece of media already controlled
               | by the haut bourgeois oligarchy will draw more public
               | attention to the oligarchic control of the media without
               | actually changing the fact of that control one bit.
               | 
               | Which is still, IMO, foolish, given, among other things,
               | the degree to which large swathes of the public have
               | parasocial relationships with the particular celebrity
               | oligarch in question, but it's not saying that making the
               | problem worse will draw attention.
        
               | addingnumbers wrote:
               | He's saying that ownership by a loud, conspicuous
               | oligarch generates more public scrutiny than a quiet,
               | inconspicuous one.
        
       | dm319 wrote:
       | This thread is hilarious.
       | 
       | In the cesspit of a social media website, people accuse Twitter
       | of being a social media cesspit.
       | 
       | I've seen people arguing for absolute freedom of speech, except
       | in malicious circumstances, but seem to think that malicious is
       | easy to define.
       | 
       | I've seen people ask if there really are any other alternatives
       | to individuals owning huge wealth. Or people saying that doing
       | immoral things is ok if it's within the law.
       | 
       | I think I've had enough of this site for a while.
        
         | kbenson wrote:
         | Eh, it's just the squeaky wheels, like it is anywhere. I find
         | that people are much more likely to speak out (or up/down vote)
         | in support of something they also do that they feel vaguely
         | guilty for, possibly in an effort to assuage their guilt be
         | explaining themselves and looking for people to tell them it's
         | okay, than people are to condemn others, depending on the
         | acceptableness of what's being discussed.
         | 
         | I think most people don't want to come across as puritanical
         | hard-asses, so either keep quiet or are not as forceful in
         | their criticisms and condemnations in a public forums like this
         | with lots of different subgroups. That may make it seems like
         | people are generally accepting of a behavior when they're not.
         | 
         | Importantly, I think this isn't limited to online forums, but
         | it is lessened when there's more conformity in group discussion
         | which is easier when it's smaller. That has it's own dangers
         | though, such as being much more accepting of problematic
         | behavior because the group is all similar in a way that makes
         | it acceptable.
         | 
         | I think the solution is to see it for what it really is, and
         | just realize what you see isn't always representative of the
         | norm.
        
         | paxys wrote:
         | This is exactly what it comes down to.
         | 
         | "I'm a free speech absolutist. Twitter should allow free
         | speech."
         | 
         | So we should allow spam bots shilling Bitcoin scams on every
         | thread? "No, I obviously didn't mean that."
         | 
         | What about obvious phishing attempts promising Nigerian riches?
         | "Those are obviously fake, and we need to keep users safe."
         | 
         | Hardcore pornography? "No, lots of children use the site. Those
         | should be filtered out at least behind some kind of flag."
         | 
         | Explicit threats of violence? Blackmail? "No, all of that is
         | obviously not allowed."
         | 
         | Should I be able to write a script to post a thousand Tweets a
         | second? "No, that strains the infrastructure. There should be a
         | rate limit."
         | 
         | So then we come back to a long list of rules for what should
         | and shouldn't be allowed, and all the absolutism goes out of
         | the window.
        
           | indiv0 wrote:
           | That assumes a dichotomy of either: everything is allowed, or
           | Twitter blocks things they want to block.
           | 
           | There are other forms of moderation that might be acceptable
           | to people who are otherwise free speech absolutists. Crowd-
           | sourced block lists (i.e. subscribe to a list of accounts
           | marked by other users as spam), with the option to introduce
           | your own exclusions to the list.
           | 
           | Alternatively, a web-of-trust model where you only see tweets
           | & replies from people you follow. Or maybe the people you
           | follow + the people _they_ follow. Or maybe configure it on a
           | per-person basis, if you trust person A 's followee list more
           | than person B's.
           | 
           | There are a ton of options. The point is that users don't
           | currently have a choice, and have to deal with Twitter's
           | policies with no opt-out or whitelisting.
        
         | imbnwa wrote:
         | Don't forget the majority of comments in this very popular and
         | reasonable thread [0]
         | 
         | [0]https://news.ycombinator.com/item?id=28087309&p=2
        
           | dang wrote:
           | That thread begins at
           | https://news.ycombinator.com/item?id=28087309.
           | 
           | Linking to the second page gives a skewed impression, since
           | downvoted and flagged comments are ranked lower and thus more
           | likely to be on later pages.
        
           | mardifoufs wrote:
           | Imo that thread was worse and not comparable. This one is
           | mostly revolving around Twitter and it's moderation policy,
           | there's no veiled racism as far as I can see
        
           | RONROC wrote:
           | Incredible thread. Definitely logged off for a while after
           | that
        
       | ComradePhil wrote:
       | tWiTtEr iS A PrIvAtE CoMpAnY, tHeY CaN Do wHaTeVeR ThEy wAnT
       | 
       | Elon Musk: _buys Twitter to run it how he wants to_
       | 
       | nO NoT LiKe ThAt
        
       | exikyut wrote:
       | Ooooh, maybe this is what the
       | 
       | > _" There will be distractions ahead ... let's tune out the
       | noise and stay focused on the work and what we're building"_
       | 
       | from the other day
       | (https://news.ycombinator.com/item?id=30984215) meant...
        
         | gigglesupstairs wrote:
         | Haha good catch
        
         | randomsearch wrote:
         | Complete speculation, but after seeing that and then the offer,
         | i immediately thought "ok, they had some negotiation, Elon made
         | demands, the board refused, he threatened to buy the company
         | and fire them, the board refused... and now he is following
         | through."
         | 
         | I don't think he's an idiot though, so there must also be some
         | other upside here. Certainly there's value to unlock in
         | Twitter. Does he need the cash?
        
           | sangnoir wrote:
           | > I don't think he's an idiot though, so there must also be
           | some other upside here.
           | 
           | Maybe he's just petty? There wasn't an upside to calling that
           | diver a "pedo guy", but Musk was nursing a vendetta due to
           | perceived slights in the past.
        
       | rdl wrote:
       | This seems like a win/win. If Elon takes over Twitter and fixes
       | it, we get free speech there (plus, product innovation!). If Elon
       | is rejected, battle lines clearly drawn and hopefully many
       | alternative platforms (innovating on product as well as terms of
       | service; enjoy tankie-twitter!). This is like the great
       | unbundling of Craigslist, probably created 100x consumer surplus
       | over a decade.
        
         | dmix wrote:
         | At worst it's amusing to see all of the hysteria it generates
         | from the people use see 'free speech' as a slur. Although these
         | Twitter people seem to get off on FUD and hysteria.
        
       | [deleted]
        
       | dghughes wrote:
       | Why isn't Elon buying Truth Social? Because it's not the hardware
       | and software that he would be buying it's the equity which is
       | people. Truth Social can have piles of servers and the best
       | software but it can't buy or generate truth.
        
         | tgv wrote:
         | The power of the megaphone is what's he's buying. Idk what
         | "Truth Social" is, and that's precisely the point: it isn't
         | worth a dime. Musk is buying users by the millions. Attention
         | craving users, but still users.
        
       | dolekemp96 wrote:
       | I believe this is not a hostile takeover. It's an unsolicited bid
       | to purchase the company directly to the board. A hostile takeover
       | would involve a tender or purchases directly to shareholders to
       | purchase stocks ignoring the board or likely against the wishes
       | of the board.
        
         | mzs wrote:
         | It's an unsolicited offer - so Musk can sell his shares, watch
         | it depress the price, and then attempt the hostile take-over.
         | Big stakeholders are signaling to the board not to accept the
         | terms:
         | https://twitter.com/Alwaleed_Talal/status/151461595698675712...
        
       | marricks wrote:
       | Oh I'm going to make one of those wild guesses:
       | 
       | 1) musk buys twitter because it's difficult to reject the offer
       | 
       | 2) musk states "free speech is very important" and reinstates a
       | lot of banned conservatives, namely trump
       | 
       | 3) trump's reelection gets put into high gear with twitter back
       | as his main platform
       | 
       | Actually feels more obvious than wild if 1 happens.
        
       | helsinkiandrew wrote:
       | Interesting if he manages to take over twitter. For me Twitter
       | has become full of people marketing themselves with lists, tweets
       | that don't make sense out of context, replies full of bile or
       | inane comments and animated gifs.
       | 
       | But I'm not convinced Musk's opinions of what is good for twitter
       | is aligned with other content creators and consumers. Paypal,
       | Tesla, SpaceX, Boring Company have clear goals - twitter is quite
       | different.
        
         | gitfan86 wrote:
         | There are four goals.
         | 
         | #1 make twitter efficient. firing 80-90% of the employees and
         | replacing them with effective workers and management saves a
         | ton of money.
         | 
         | #2. Mitigate the bots and trolls by requiring payment and
         | identification.
         | 
         | #3. Open the feed algorithm and give people more control
         | 
         | #4. Reduce the silencing of users.
         | 
         | The last one is probably going to turn out to be harder than
         | Elon expects. If Elon owned Youtube this week he would be sued
         | for enabling the NYC subway terrorist. Same thing will happen
         | on Twitter once he owns it.
        
           | lorenzfx wrote:
           | You are implying, that current staff of twitter is not
           | effective. How do you get to that assessment?
        
             | blairbeckwith wrote:
             | If the engineers and product team were effective, there
             | would be more product development.
             | 
             | If the marketing team was effective, there would be more
             | user growth.
             | 
             | If the sales team was effective, there would be more
             | revenue.
             | 
             | If everyone was more effective, Twitter would be worth
             | more.
             | 
             | It's probably an over-simplification, but Twitter being
             | stagnant is not exactly a minority opinion.
        
               | AlexandrB wrote:
               | There's also the other possibility that Twitter, as a
               | product, is limited to a more niche audience than
               | something like Facebook.
               | 
               | More revenue, growth, or stock price is not a given
               | regardless of who's working there.
        
               | MichaelBurge wrote:
               | That's the same possibility: "Employees are ineffective,
               | because the product has no need for them".
        
               | mehrdada wrote:
               | > _There 's also the other possibility that Twitter, as a
               | product, is limited to a more niche audience than
               | something like Facebook._
               | 
               | You state that as if what twitter is as a product is set
               | in stone and delivered as a commandment. It is defined by
               | the product people, engineers, and the executives of the
               | company who have been doing a terrible job at that. If
               | they were competent and the way out was to be Facebook,
               | they should've been Facebook by now. FWIW, Facebook was
               | not Facebook either. It didn't have news feed before it
               | copied twitter. Ironic.
        
             | yakshaving_jgt wrote:
             | I think that was made clear in the news fairly recently.
             | 
             | https://www.washingtonpost.com/technology/2021/12/03/twitte
             | r...
        
           | themitigating wrote:
           | Elon Musk doesn't seem to be a promoter of free speech when
           | it affects him https://www.wired.com/2012/02/tesla-vs-top-
           | gear/
        
             | gitfan86 wrote:
             | Did you read the lawsuit? He isn't saying that Top Gear has
             | no right to say negative things about Tesla. He is saying
             | that when those negative things are lies and damage the
             | business Top Gear should pay for damages.
             | 
             | But you're overall point is correct, Elon's definition of
             | Free Speech is not universally agreed upon by everyone.
             | However, it is impossible to draw a line between acceptable
             | and unacceptable speech that everyone will agree with.
        
               | fbakrg wrote:
               | He does not care about damage in reputation:
               | 
               | https://www.bbc.com/news/world-us-canada-50695593
               | 
               | Twitter's current cancellation policies are an
               | abomination, but we'll see whether it gets worse with a
               | private Musk company.
        
               | gitfan86 wrote:
               | He won the lawsuit.
               | https://www.nytimes.com/2019/12/06/business/elon-musk-
               | defama...
               | 
               | According to the court no damages were done.
               | 
               | Are you suggesting he wouldn't have paid if the court
               | awarded the pedo guy damages?
        
               | themitigating wrote:
               | If I thought I could be sued for damages I would be less
               | likely to talk about some subject than if the threat was
               | I could lose my twitter account.
        
             | swalls wrote:
             | Tesla also fired a union organizer (while tweeting about
             | how they are free to join a union) [0], banned a journalist
             | from buying a Tesla[1], threatened to sue another
             | journalist[2], and tried to destroy the life of a
             | whistleblower[3].
             | 
             | [0]https://labortribune.com/tesla-found-guilty-of-union-
             | busting... [1]https://medium.com/@salsop/banned-by-
             | tesla-8d1f3249b9fb
             | [2]https://www.fastcompany.com/90208132/elon-musk-
             | allegedly-sil...
             | [3]https://www.bloomberg.com/news/features/2019-03-13/when-
             | elon...
        
           | bena wrote:
           | The last one?
           | 
           | Let's go over the list:
           | 
           | #1. Efficient at _what_? And how do you know the amount of
           | chaff is 80-90%? And exactly how do you find  "effective"
           | workers. Like this bullet point alone is just so hand-wavy
           | and vague. Might as well have just said "Make twitter more
           | gooder".
           | 
           | #2. This kills the twitter. First of all, no one is going to
           | pay to read Elon Musk's tweets. Not for more than a month or
           | two.
           | 
           | #3. What would "open[ing] the feed algorithm" accomplish
           | here? I assume you mean publish the source of the algorithm
           | so we can see how it works. Why? So I can run my own twitter?
           | And what do you mean by "more control"? Control of what?
           | 
           | #4. I assume you mean fewer bans and removal of tweets. And I
           | assume by "reduce" you don't mean eliminate. And I assume you
           | don't want elimination because you recognize that some bans
           | and deletions are necessary. That's a sticky wicket. You
           | don't disagree with the action so much as the degree and/or
           | the conditions of the action. This comes down to the question
           | of why should your standards be preferable to twitter's?
           | 
           | And ironically, it's actually probably one of the easier ones
           | to do. As I don't think you have well-defined definitions for
           | efficiency, effectiveness, or control. Which isn't an
           | uncommon phenomenon. It's like having a really good idea for
           | a story/movie/series/book/whatever. As long as you never
           | actually have to make it, the idea gets to be as awesome as
           | it could be. But execution is the bitch.
        
         | MadSudaca wrote:
         | I mean, what else can you ask for if you're limited to 240
         | characters?
        
         | barnabee wrote:
         | I feel like most people must use Twitter wrong. Despite how
         | common a criticism it is, your description is not even remotely
         | my experience.
         | 
         | I don't know why. Maybe most users follow people who they like
         | or respect or think are good people not people who share
         | content they care about or write interesting original tweets?
         | Maybe they think the only recourse to not liking what they see
         | on their timeline is to complain and wish people were better
         | rather than unfollow? Or maybe some whole major topics/spheres
         | of interest are just entirely toxic to the core.
         | 
         | Twitter is incredibly valuable to me as a source of news,
         | insight, and discussion on a wide range of topics (from
         | programming to space to politics to skiing and more). It's been
         | nothing short of revolutionary for my consumption of news and
         | information.
         | 
         | Twitter is actually better than RSS (though I do miss RSS being
         | a thing) at what RSS was designed for, because curating your
         | follows can give a better signal to noise ratio than taking
         | everything from a given site, AND gives you a wider range of
         | sources because you don't personally need to discover a source
         | to see articles from it.
         | 
         | It also provides for some excellent debates, discussion, and
         | interactions between really smart people.
         | 
         | I do agree with Elon though. The direction of the product is
         | poor and there are many baffling decisions. It sometimes seems
         | like Twitter themselves don't even know why their product is
         | valuable or what it's potential really is.
         | 
         | I'd love to see some really radical changes. The kind that
         | might not work and could be the end of Twitter if they fail.
         | I'd love to see Twitter become really open, even open source,
         | become a federated network, integrate privacy and anonymity
         | tech, etc.
         | 
         | We don't know his plans and I doubt it'll happen, but Elon is
         | one of the few people who has demonstrated willing to risk
         | everything on an outcome he thinks is important. I hope this is
         | one of this cases, and his instincts are at least reasonable.
        
           | the_gipsy wrote:
           | Twitter is completely unusable if you hadn't joined years
           | ago, or are a famous person.
        
             | Jcowell wrote:
             | What ? Why? What is the use case your seeking that is
             | undoable if you joined now compared to years ago?
        
               | the_gipsy wrote:
        
           | lupire wrote:
           | Twitter (and Reddit, and Facebook) is like beans. Beans are a
           | great nutritious tasty food of you know how to prepare them.
           | But if you eat raw beans directly out of the package from the
           | producer, you will get sick or die.
        
             | bombcar wrote:
             | And even if you DO eat them correctly, you're likely to
             | subject everyone around you to random chemical attacks.
             | 
             | The analogy works!
        
           | 2pEXgD0fZ5cF wrote:
           | I'm always baffled about this as well. I keep the people I
           | follow heavily curated, and I don't follow more than 90 - 120
           | people at a time. Unfollowing and Refollowing is easy, why
           | should I amass a list of thousands of follows like some
           | people do?
           | 
           | If I notice a negative pattern or drop in quality I simply
           | unfollow, that's it. It's the big advantage over Facebook,
           | the relationships are not bi-directional for me as an average
           | user.
           | 
           | In short: I get a quality experience and lots of useful
           | information from Twitter because I only follow people that
           | tweet quality content and useful tweets.
           | 
           | However I do have to mention that the algorithmic timeline
           | _IS_ really bad, so I do feel like Twitter is constantly
           | fighting me and trying to turn my feed into polarizing crap.
        
             | noir_lord wrote:
             | I'm similar but I keep a hard cap of 80 accounts I follow,
             | if I'm at that it's one in and one out.
             | 
             | That way every new follow comes with a cost because I have
             | to a) drop something I thought was following b) weigh up
             | which is least valuable.
             | 
             | As a result all I follow on twitter is open source
             | projects, companies I use products from (i.e. JetBrains)
             | and people I actually like/have something interesting to
             | say.
             | 
             | It makes twitter very useful to corral all that stuff into
             | one place.
        
             | barnabee wrote:
             | Agreed, if you can't read enough of the temporally sorted
             | timeline the answer right now is unfollows not the algo
             | timeline.
             | 
             | I would totally use _something_ to sort and filter my feed
             | so I could proceed it quicker and follow more insightful
             | people. It just needs to be external to Twitter,
             | transparent, and under my control, and have financial
             | incentives aligned with my goals.
             | 
             | I actually like the idea of a marketplace for both human
             | curated and algorithmic "edit streams" (h/t Neal
             | Stephenson) as views over Twitter and other social/internet
             | data that are transparent about what they filtered out or
             | boosted and why, and could be provided by FOSS and
             | collaborative communities as well as companies with a
             | variety of business models.
        
               | 2pEXgD0fZ5cF wrote:
               | > use something to sort and filter my feed
               | 
               | It wasn't even that long ago when we had at least some of
               | those options via external clients.
               | 
               | That was until Twitter started to dismantle that
               | possibility and limited external clients much more
               | heavily.
        
           | tootie wrote:
           | I joined Twitter fairly recently and am mostly following
           | journalists and thought leaders for subjects I'm interested
           | in, and a few high quality creators. There's an odd gem but
           | there's still a ton of noise per signal.
           | 
           | I don't think Dorsey has any idea what he's doing and I think
           | even less of Musk. The value to society that can be derived
           | from a platform like Twitter is completely separate from the
           | value it can bring to investors.
        
         | palebluedot wrote:
         | > For me Twitter has become full of people marketing themselves
         | with lists, tweets that don't make sense out of context,
         | replies full of bile or inane comments and animated gifs.
         | 
         | I've found twitter's quality is a direct correlation to how
         | discerning I am about who I follow. I don't really tweet or
         | reply, so for me it is a read-only exercise. As such, the
         | people I follow tend to be really high-quality (I am not
         | typically following "regular" people like friends, etc.).
         | Journalists, experts in specific domains, etc. And I try to
         | make sure I am following people that have views different than
         | mine along with those I do agree with. As a result, I've
         | noticed I read pretty detailed information well before I see it
         | break in major news organizations, and it is surprising
         | balanced on the whole.
        
           | paufernandez wrote:
           | Same experience here. I interact quite a bit, though
        
         | metafunctor wrote:
         | Yeah. I mostly left Twitter about 9 years ago (!) for the same
         | reasons.
         | 
         | I wonder if a celebrity like Musk is overestimating how
         | important Twitter really is. Because in my view, it's a
         | cesspool of self-promoters, hate, corporate marketing and
         | superficial populism. I believe correcting that course is
         | impossible. It's been like that for 10 years with no change.
        
           | AlexandrB wrote:
           | > Because in my view, it's a cesspool of self-promoters,
           | hate, corporate marketing and superficial populism.
           | 
           | Isn't this all social media?
        
             | metafunctor wrote:
             | I count HN as a social media, so no.
        
         | photochemsyn wrote:
         | "Twitterized" - means you can no longer absorb anything but
         | simple concepts that can be delivered in a few lines, due to
         | too much time spent on Twitter. To quote some early 20th
         | century propaganda monkey, "The essence of propaganda is to
         | take a complex subject, reduce it to a simple concept that a
         | small child can understand, and then repeat, repeat, repeat."
         | 
         | That's what Twitter is ideal for, and that's what political and
         | media types use it for. Add in siloed echo chambers like
         | Facebook groups and Reddit subreddits... I urge everyone to
         | flush it all down the toilet.
        
       | hmate9 wrote:
       | Arguably he already has it but if Elon manages to turn Twitter
       | around and grow it to be on par with Facebook and TikTok then
       | nobody could deny he has the greatest Midas touch in the world.
        
       | bikamonki wrote:
       | I am not sure Elon can fix Twitter b/c I am not sure Social
       | Networks can be fixed at all.
        
         | another_devy wrote:
         | Social networks in essence mirrors the society so its hard to
         | run a company without judging and censoring free speech if
         | comany doesn't want to be something like 4chan. The bigger
         | problem arises when this censoring and controlling starts
         | affecting democratic processes, there are other bad side
         | effects too. Maybe there should not be any Social networks or
         | maybe we should have better democracy which doesn't crumble
         | under these new powers of information age.
        
       | hitovst wrote:
       | This is terrific. He said it will require threat with guns to get
       | them to violate free speech. If true, this type of leadership is
       | exactly what humanity needs.
       | 
       | I still don't understand the interest individuals have in
       | proprietary, restrictive, unnecessary, platforms.. but for those
       | who tolerate that sort of thing, I assume Twitter will become
       | more valuable to them.
        
       | codeulike wrote:
       | I'm worried that something is wrong at Spacex and this is a
       | displacement activity
        
       | gunapologist99 wrote:
       | So Twitter was at $70 per share a year ago. So what? Jack Dorsey
       | was CEO a year ago, too. The share price was $33 less than a
       | month ago.
       | 
       | But, despite an absolutely incredible roller-coaster news cycle,
       | things have been definitely trending _down_ at Twitter ($33
       | /share last month), which was reflected in its share price. The
       | current executive team (and Dorsey) had wasted time focusing on
       | things that didn't matter instead of things that _did_ matter.
       | 
       | Boards have several fiduciary duties to the shareholders. As an
       | all-cash offer, this generates for the shareholders a substantial
       | return with NO RISK, and so the board has a serious legal
       | obligation to carefully review this offer and make a decision.
       | 
       | If the board elects to reject this offer, then their reasons for
       | doing so need to be _very clearly elucidated_ , because, as
       | Twitter is a public company, they would have to see something in
       | their crystal ball that the rest of the market does not.
        
         | s17n wrote:
         | Unsolicited offers almost always get rejected, that's why it's
         | called a "hostile takeover"
        
           | zwily wrote:
           | It's not hostile, yet.....
        
           | postalrat wrote:
           | Wouldn't be a takeover if it's rejected.
        
           | nonethewiser wrote:
           | > that's why it's called a "hostile takeover"
           | 
           | No, this is not a hostile takeover. A hostile takeover is if
           | Elon bought up more than 50% of the shares. Which he can do
           | much more cheaply than buying outright at a 38% premium.
           | 
           | If they decline his offer plan B may be to buy up the cheap
           | shares until he has 51%.
        
             | skinnymuch wrote:
             | Plan B makes sense if Musk was actually serious/determined
             | (I have no idea but I doubt it). Especially once the stock
             | gets volatile while going down after he sells [part of] his
             | stake before re-buying privately.
        
           | Someone wrote:
           | To my understanding, this at the moment is neither hostile
           | nor a takeover, but a (rather direct/rude/aggressive; pick
           | whatever adjective you want) question to the board to advise
           | shareholders to accept Musk's offer.
           | 
           | It could become any of the four options failed takeover,
           | failed hostile takeover, takeover, or hostile takeover.
           | 
           | If the board says "good idea" and advises shareholders to
           | accept the offer, it could or could not become a takeover,
           | depending on whether enough shareholders (by share count)
           | accept it (I don't know how many is enough, but it's almost
           | certainly more than 50%, as an OK would force _all_
           | shareholders to sell. You can't take a company private and
           | keep shareholders around)
           | 
           | Technically, that wouldn't be a _hostile_ takeover, though,
           | as it would be with agreement by the board.
           | 
           | If the board advises shareholders to reject the offer Musk
           | could persevere. In the end, if enough shareholders sell
           | their shares to him, the board's opinion doesn't matter. if
           | enough shareholders do that, it would become a hostile
           | takeover.
        
             | s17n wrote:
             | > To my understanding, this at the moment is neither
             | hostile nor a takeover, but a (rather
             | direct/rude/aggressive; pick whatever adjective you want)
             | question to the board to advise shareholders to accept
             | Musk's offer.
             | 
             | Right, but a board is never going to say yes to this. If he
             | was actually trying to get the board's agreement, the
             | negotiations would have all happened in private and the
             | announcement wouldn't have been made until it was basically
             | a done deal.
        
             | infofarmer wrote:
             | > You can't take a company private and keep shareholders
             | around
             | 
             | I don't know how customary, but technically it's possible
             | to keep up to hundreds of shareholders around when going
             | private.
        
         | DelaneyM wrote:
         | Everyone currently holding $TWTR believes that the true value
         | is greater than the current price.
         | 
         | To make a successful hostile bid, you need to pay not just
         | "more than the current price", but "more than the holders of
         | 50% of current shares believe the company to be worth". Usually
         | bidders use analyst price targets to guess at the distribution
         | of holders' internal price targets.
         | 
         | This is what makes it so difficult, and why this bid is very
         | likely to be rejected.
         | 
         | (This is easier to explain with a white board, tbh.)
        
           | cwkoss wrote:
           | I don't think your argument holds water.
           | 
           | If the shareholders are rational and believe the true value
           | is greater than current price, why aren't people buying until
           | it asymptotically approaches that price?
           | 
           | Optimism and hopes for future gains aren't priced in because
           | they are fantasy and not yet material.
        
             | daveed wrote:
             | Risk management?
             | 
             | I believe a lot of my long positions are worth more than
             | their current price, doesn't mean I'm going to spend all my
             | money buying them up to that price.
             | 
             | If I lock in a 20% gain today that's nice, but I might
             | believe with high confidence that it'll rise 50% in the
             | next year. Then Elon's bid doesn't move me that much.
        
               | cwkoss wrote:
               | If they believed this, they wouldn't be selling at the
               | current spot, sellers would all be putting their asks
               | ~46% above spot (discounting time value of money), and
               | the market would move.
               | 
               | That risk and upside is already priced in if you believe
               | in market efficiency.
        
               | daveed wrote:
               | I don't believe in market efficiency.
               | 
               | The market is large and has plenty of participants with
               | different strategies. There are people selling at the
               | going price, and there are people who are not. The
               | trading price is a good reference price, but it's not the
               | "right price" for everyone.
        
               | cwkoss wrote:
               | OK...
               | 
               | I don't anyone would find your squishy confidence it's
               | worth 50% more than current value any more credible than
               | shorters who think it's worth 50% less. Both seem like
               | fringe opinions without much foundation.
        
             | lilyball wrote:
             | Risk tolerance, a need for a diversified portfolio, a lack
             | of infinite money to spend buying stock, etc?
        
             | trothamel wrote:
             | The current shareholders, who vote on this, think that the
             | current value is higher than what is being offered to them
             | to sell. Those are the ones that Elon has to convince with
             | his higher offer.
        
           | memish wrote:
           | What happens if they reject his offer?
           | 
           | He sells and the price falls.
           | 
           | Then he announces a new platform and the price falls again.
        
             | Consultant32452 wrote:
             | It would be funny if he's already selling his shares for a
             | tidy billion dollar plus profit and has no intention to buy
             | even if the board accepts his non-binding offer. Not sure
             | if this would be legal.
        
             | [deleted]
        
             | evanextreme wrote:
             | the problem is that said "new platform" is doomed to fail,
             | just as every free speech twitter competitor before it
             | (gab, parler, truth, etc). this is an idea thats been
             | attempted numerous times but doesnt succeed because no one
             | wants a platform where they can be harassed. so im not
             | inclined to believe that the share price of twitter will
             | fall once he makes a competitor, because if free speech was
             | truly a differentiator (versus decentralization /
             | federation e.g. mastodon), then these other networks would
             | have actually seen continuous use, but at the end of the
             | day everyone still uses twitter
        
               | jokethrowaway wrote:
               | It's the network effect.
               | 
               | Everyone is on twitter, a few of the people you want to
               | follow are on parler. You won't bother checking parler
               | too much.
        
               | voidfunc wrote:
               | Everyone likes betting against Elon... it has worked out
               | so well so far.
        
               | sssilver wrote:
               | > no one wants a platform where they can be harassed
               | 
               | I'm not sure whether it's that, or that simply no one
               | wants a platform everyone isn't already on.
               | 
               | Personally I would absolutely not mind being "harassed"
               | by text, if I was also able to exercise wide spectrum of
               | free speech myself.
        
               | thwayunion wrote:
               | Getting someone to onboard to a new platform is
               | ultimately a sales job. Selling is about telling people
               | who they want to be, not who they are.
               | 
               | A social media platform advertised as a politics-
               | first/free-speech platform is the social media equivalent
               | of a beer ad featuring a divorced balding man at last
               | call in a dingy basement bar. No one aspires to bicker
               | about politics with strangers on the internet, even
               | though in reality that's the engagement that pays the
               | bills.
        
               | attilaperez wrote:
               | >Personally I would absolutely not mind being "harassed"
               | by text, if I was also able to exercise wide spectrum of
               | free speech myself.
               | 
               | This is precisely the idea behind 4chan.
        
               | smsm42 wrote:
               | "everyone I know and care about still uses twitter" FTFY
        
               | 13years wrote:
               | Every competitor has failed because it prioritized free
               | speech above user experience. Almost all have had
               | terrible UI's, terrible performance, lots of bugs.
               | 
               | BigTech owns the mindshare of how to build these
               | platforms. Musk would actually have the resources to pay
               | for the level of expertise and competence to build such a
               | platform. However, it would be years in the making which
               | might all become irrelevant with web3.
               | 
               | Or Musk could throw support behind web3 tech as
               | ultimately free speech will only exist when controlled by
               | no one including free speech advocates such as Musk.
        
               | procombo wrote:
               | The next step is a social media company that is (1)
               | private (2) membership based (3) no reliance on huge ad
               | contracts, just promoted content (4) can tell the
               | difference between political opinion and hate speech (5)
               | gets out of the way of legal public discourse.
               | 
               | It doesn't need to be web3. It just needs to be somewhat
               | transparent and minimally auditable. Web3 doesn't know
               | what web3 is yet. Most is just garbage, sorry.
        
               | k1ko wrote:
               | The failure of those other platforms has nothing to do
               | with free speech or lack there of. Twitter has a moat
               | that you aren't going to be able to break by just trying
               | to out Twitter them.
        
               | [deleted]
        
               | memish wrote:
               | Even just him announcing a new platform would scare
               | twitter investors. If successful it'd drive twitter even
               | further down.
               | 
               | Paul Graham thinks he would be able to compete:
               | 
               | "It is obvious. It's also obvious that Elon could draw an
               | initial set of users that was more than big enough to
               | have sufficient network effects on day 1."
               | 
               | https://twitter.com/paulg/status/1507782349924274180
               | 
               | "I'd try it the first day. Wouldn't you? Sum that pattern
               | across Twitter, and you've got quite a lot of users on
               | day 1."
               | 
               | https://twitter.com/paulg/status/1507855287130243085
               | 
               | "You don't need to get everyone to switch right away. All
               | you need, to start with, is a critical mass of users --
               | enough so that people don't feel they're talking to a
               | void. You'd very likely have that from the start. Then it
               | grows."
               | 
               | https://twitter.com/paulg/status/1507855750680428545
        
               | bastardoperator wrote:
               | I'd argue Trump has more immediate, impressionable
               | supporters than Elon and his twitter like platform is a
               | complete bust. I'd also argue people don't switch, they
               | add. Rarely is someone popular on a single media
               | platform, they tend to use to all of the vertices to
               | engage. There would have to be a value proposition, one
               | that persuades users, the name Elon in my opinion isn't a
               | large enough selling point on it's own.
        
               | memish wrote:
               | "Trump's fan base are not tech bellwethers, to put it
               | mildly. Elon's are."
               | 
               | https://twitter.com/paulg/status/1507791725410070528
        
               | bastardoperator wrote:
               | I don't think Elon's fan base are any more capable or
               | driven. I would argue Trump is vastly more popular on
               | social media than Elon and that Trump supporters are at
               | the very least motivated for reasons outside of
               | billionaire worship and straight trolling.
        
               | skinnymuch wrote:
               | Billionaire worship/trolling vs Blindly following
               | regardless of the amt of double speak, hypocrisy, blindly
               | rejecting things because they are not on your side and
               | following things that go against your best interests +
               | billionaire worship + allowing the amount of grifting
               | that occurs...
               | 
               | The motivation may be different. Is it any better? Or
               | change anything for the better in terms of social media
               | success?
               | 
               | Trump's popularity may be larger, but it's also more
               | isolated and siloed. The total possible user base for a
               | social network of almost any billionaire will be larger
               | than Trump's. Not that most would ever get close to
               | reaching that amount or getting numbers more than Trump.
               | Just that the addressable market is bigger.
        
               | skrbjc wrote:
               | Trump was also kicked off of twitter while being
               | excoriated in the media and then took, what, two years to
               | launch something?
               | 
               | Musk is not nearly as trashed in the media and could
               | leverage promoting an alternative while still on twitter.
               | Obviously there does need to be something that is at
               | least reasonably differentiating from twitter, and I
               | think that is the real challenge as just saying it is
               | twitter but more free is not as tangible.
        
               | giarc wrote:
               | Would that not have been true about Truth Social? They
               | would have had enough users on day 1 to get network
               | effects, but it hasn't happened. You could blame
               | technical issues, but as I understand, Trump isn't even
               | on the platform and neither is Fox News. So why would a
               | Musk Twitter clone work any better?
        
               | majormajor wrote:
               | > "It is obvious. It's also obvious that Elon could draw
               | an initial set of users that was more than big enough to
               | have sufficient network effects on day 1."
               | 
               | This would be "obvious" about Trump, too, no?
               | 
               | Perhaps your claim is that Musk would have a better
               | chance of making something that scales and can accept all
               | those users from day 1, but then that's also a much more
               | expensive bet for Musk to make with higher up-front pre-
               | launch cost.
        
               | skinnymuch wrote:
               | Musk wouldn't do such a blunder launching it. Truth
               | Social with a sizeable war chest, took Mastadon (while
               | [still] lying about it) with many months if not over a
               | year to get it ready.
               | 
               | Being able to launch a product with more than enough
               | resources is almost intertwined with drawing in users.
               | Truth Social never had the bare minimum expectations.
               | Something that is not given to most people since most
               | aren't abnormally focused on grifting and so on for such
               | a big venture.
        
               | semi-extrinsic wrote:
               | If this is true, why isn't Clubhouse a resounding
               | success?
        
               | behnamoh wrote:
               | elitist marketing bs based on invitations that didn't
               | work and ultimately attracted wannabe narcists to boost
               | their ego
        
               | themanmaran wrote:
               | It's functionally quite different. And requires a higher
               | level of effort to engage with the content.
        
             | knowaveragejoe wrote:
        
           | RC_ITR wrote:
           | >Everyone currently holding $TWTR believes that the true
           | value is greater than the current price.
           | 
           | This is not exactly true. Everyone holding Twitter believes
           | that it will outperform the next best available asset. This
           | can mean that it will decline less than cash (i.e. inflation)
           | and decline less than other stocks. In our current market,
           | this means people believe that Twitter has a good forward
           | looking IRR, but it does not mean that all holders believe
           | that the stock price should be $70.
           | 
           | >To make a successful hostile bid, you need to pay not just
           | "more than the current price", but "more than the holders of
           | 50% of current shares believe the company to be worth".
           | 
           | Again, this comes back to IRR terms. Sure Twitter may be
           | worth $100/share ten years from now, but most people would
           | take $50 today than $100 then.
           | 
           | >This is what makes it so difficult, and why this bid is very
           | likely to be rejected.
           | 
           | The bid is likely to be rejected b/c it's likely made in bad
           | faith. Read the SEC release and count how many times it says
           | ' non-binding'
        
             | splitstud wrote:
        
             | RaymondDeWitt wrote:
             | How was Musk's offer - a public disclosure with few
             | conditions or contingencies, made in bad faith? At face
             | value, it does not violate basic standards of honesty or
             | appear to deliberately mislead.
        
               | jjeaff wrote:
               | It's another 420 reference just like his claim to have
               | financing ready to take Tesla private which turned out to
               | be false and just a joke.
        
               | mdoms wrote:
               | You mean like his offer to take Tesla private - a public
               | disclosure with few conditions or contingencies?
        
               | RC_ITR wrote:
               | I implore you to do what I suggested in the parent
               | comment.
               | 
               | How many times is "non-binding" said in the document?
        
               | colinmhayes wrote:
               | At face value Musk has a history of paying large SEC
               | fines because he lied to investors.
        
             | fallingknife wrote:
             | Any initial offer is going to be non-binding. This is
             | standard.
        
               | mathlover2 wrote:
               | IIRC he claimed that this was his only offer and that he
               | would sell if it was refused.
        
               | mathlover2 wrote:
               | > Mr. Musk called the bid his "best and final offer,"
               | adding that if his proposal isn't accepted "I would need
               | to reconsider my position as a shareholder." Mr. Musk
               | earlier this year built a position of more than 9% in
               | Twitter.
               | 
               | Source: https://www.wsj.com/articles/elon-musk-offers-to-
               | buy-rest-of...
        
               | dheera wrote:
               | He could sell it for higher? People would probably buy
               | the shares at higher price if they knew it came from
               | Elon.
        
               | jonovate wrote:
               | No, that's not how it works :).
        
               | RC_ITR wrote:
               | Yeah and any initial offer is worth the paper it's
               | printed on.
               | 
               | That is not the mainstream understanding of this "offer"
               | though and that's the point I'm trying to make.
        
             | ratsmack wrote:
             | >The bid is likely to be rejected b/c it's likely made in
             | bad faith. Read the SEC release and count how many times it
             | says ' non-binding'
             | 
             | I must assume this statement is just a personal opinion
             | rather that an SEC ruling.
        
             | cjensen wrote:
             | Holding a volatile and risky asset implies that the holder
             | thinks there is a significant win available to offset the
             | costs of the risks. It's reasonable to assume that
             | projected price is far above market.
        
           | splitstud wrote:
        
           | fallingknife wrote:
           | TWTR was trading at 33 before Elon announced his stake, and
           | he offered 54. That's a 60% premium.
        
             | paxys wrote:
             | What happened last week is irrelevant. If I can sell my
             | shares on the market today for $46 and Elon is offering
             | $54, that's a ~17% premium. It's better than nothing but
             | not nearly enough to convince >50% of shareholders to vote
             | in his favor. Several major ones have already said no to
             | the offer (https://www.reuters.com/technology/saudi-prince-
             | alwaleed-bin...).
             | 
             | If it was a serious offer the market would have already
             | valued TWTR at ~$54, but it has actually gone _down_ after
             | Musk announced his bid.
        
               | tick_tock_tick wrote:
               | It's gone down since he's made it clear he will liquidate
               | his stake if the deal doesn't go through.
        
               | paxys wrote:
               | So then the market expects it to happen, which is my
               | point. As it stands it is unlikely that the deal will go
               | through.
        
               | sebzim4500 wrote:
               | Sounds like the market thinks it's about 50/50 (given the
               | current price is half way between the previous price and
               | the offered price).
        
               | aurelius12 wrote:
               | Twitter is down a whopping 0.33% today.
        
               | water8 wrote:
               | down 2% 1 hour later
        
               | gpm wrote:
               | > What happened last week is irrelevant
               | 
               | Information about a potential takeover bid is absolutely
               | relevant, and it's generally reasonable to calculate the
               | premium from before that news first existed.
               | 
               | What happened last week was information about a potential
               | takeover bid.
        
               | skinnymuch wrote:
               | It is not at all irrelevant. I would be surprised if any
               | reputable financial source would think of this as a 17%
               | premium and not include last week.
               | 
               | gpm said the rest already as a reply.
               | 
               | As to the Saudi prince. Regardless of the topic. In any
               | situation, it is hard to take the prince at face value
               | knowing he pushed hard to successfully give the Kushners
               | and co $2B[0]. If there's more at play for the prince
               | than short or medium term money, what he says is
               | irrelevant then.
               | 
               | [0]: https://www.commondreams.org/news/2022/04/11/hes-
               | cashing-kus... or
               | https://www.marketwatch.com/story/jared-kushner-
               | scores-2-bil...
        
             | AustinDev wrote:
             | The board kind of has to put this to a shareholder vote to
             | limit their liability. If they don't, they'll be sued by
             | shareholders very quickly.
        
         | meerita wrote:
         | If they don't accept this offer, the stock will plunge.
        
           | cwkoss wrote:
           | Then Musk can make a slightly lower offer and make the price
           | plunge again.
        
         | memish wrote:
         | Would Elon reinstate Jack to set up a Steve Jobs style comeback
         | story?
        
           | asd88 wrote:
           | Jack already had his Steve Jobs comeback moment in 2015.
        
           | sulam wrote:
           | Jack wasn't fired.
        
             | netik wrote:
             | That's funny, because many employees recall him being shown
             | the door early in the company's history.
             | 
             | Nick Bilton's book covers this.
        
           | bumblebritches5 wrote:
        
           | adam_arthur wrote:
           | Jack never struck me as very competent like many of the other
           | tech founders. More like somebody at the right place and time
        
             | texasbigdata wrote:
             | Explain square.
        
               | ohyoutravel wrote:
               | "More like somebody at the right place and time."
        
               | colordrops wrote:
               | For two companies? Seems like too hand wavy of an
               | explanation.
        
               | texasbigdata wrote:
               | To argue against myself, and I can't cite this,
               | Zuckerberg allegedly referred to Twitter as a clown car
               | that drove into a diamond mine.
        
               | vimy wrote:
               | When / where did he say this? At one of Facebook's weekly
               | townhalls?
        
               | texasbigdata wrote:
               | I think I heard it on the This Week in Startups podcast
               | this week (pre- takeover offer).
               | 
               | Edit: literally first google result for Zuckerberg clown
               | car
               | 
               | https://www.google.com/search?q=Zuckerberg+clown+car
        
               | 7sidedmarble wrote:
               | If you had his kind of golden parachute, you don't think
               | you could see any number of product ideas through to
               | success?
        
               | enra wrote:
               | Seeing and hearing Jack, I think he is good and what he
               | likes to be more like "spiritual" leader. He can makes
               | bets and give guidance but he doesn't want to manage, or
               | get to the weeds. The way he set up Square is more like
               | individual groups working independently and he just
               | provides the aircover for things he believes in.
               | 
               | He pushed the Square Tidal acquisition because in a weird
               | way it makes sense in his mind. He also pushed for
               | bitcoin because he believes in it, instead of it being
               | part of company strategy.
               | 
               | Twitter needs someone who could reset the current
               | thinking and be the product visionary but also a person
               | make people execute on the vision. Kind of someone like
               | Elon. Unclear if Elon's ideas are good but at least he
               | doesn't tolerate bad performance.
        
               | behnamoh wrote:
               | I do miss Steve Jobs, or mainly, his leadership style in
               | tech. Every year with SJ was full of surprises and
               | delightful visions coming true. In a way, people in the
               | late 90s and early 2000s experienced the peak of the tech
               | landscape. The smartphones revolution was just one of the
               | visions that came true in that era.
               | 
               | In a way, Musk is like SJ, but greedier and cockier. SJ
               | was about products centered around humans. Musk is about
               | humans centered around technologies.
        
               | adam_arthur wrote:
               | Certainly he's somebody who took initiative. Did his
               | personal contributions move the needle beyond getting the
               | idea rolling?
               | 
               | I honestly don't know, but I haven't seen any evidence of
               | that. But I also haven't looked that hard.
               | 
               | It seems easy to accidentally stumble upon stories of the
               | other prominent tech founders moving the needle. But
               | maybe it's all propaganda
        
           | wonderwonder wrote:
           | Jack left because he was done, he resigned. He is now pretty
           | much 100% BTC and decentralization.
        
             | behnamoh wrote:
             | Maybe because he realized what a monster he created
        
           | meatsauce wrote:
           | Never happen. Jack was part of the problem.
        
             | Apocryphon wrote:
             | Reinstate Dick. Having a comedian in charge again would be
             | funny.
        
               | LegitShady wrote:
               | "Let me introduce your new CEO, a clone made by crossing
               | Joe Rogan and Sergei Brin."
        
               | reducesuffering wrote:
               | He doesn't seem very funny.
               | 
               | "Me-first capitalists who think you can separate society
               | from business are going to be the first people lined up
               | against the wall and shot in the revolution. I'll happily
               | provide video commentary." -- Dick Costolo
               | 
               | (He deleted it from Twitter, who'da thunk)
        
               | Apocryphon wrote:
               | Arthur Fleck wasn't very funny either, but the situation
               | of giving a standup comic great power is.
        
             | cinntaile wrote:
             | What was the problem exactly and how has it improved now
             | that Jack is gone?
        
               | rtkwe wrote:
               | The problem is how to make money on Twitter without
               | alienating users with too many ads or monetization of
               | posting. I have zero desire to ever spend money on
               | anything Twitter like, I enjoy the feed I've curated but
               | if it starts costing me money I'll find another way to
               | get it.
        
               | [deleted]
        
               | lr4444lr wrote:
               | The company's laggard growth, and never issuing a
               | dividend because he wasn't responsive to making the
               | company profitable, and couldn't grow the user base for
               | quite a while.
        
               | djfobbz wrote:
               | _What was the problem exactly?_                 Jack
               | Dorsey: 'I'm partially to blame' for helping create a
               | centralized internet. Censorship is the first thing that
               | comes to my mind.            Source:
               | https://twitter.com/jack/status/1510314535671922689
               | 
               | _How has it improved now that Jack is gone?_
               | It hasn't. Maybe a shake-up like this is overdue. We'll
               | see!
        
               | ilaksh wrote:
               | It's literally impossible for a system run by a single
               | company to not be centralized. Dorsey acknowledging that
               | or not does not change that nor would having some other
               | owner.
               | 
               | It's actually possible (although not easy by any stretch)
               | for us to build a decentralized Twitter that would not be
               | controlled by a company for profit and would be more
               | censorship resistant. It probably will not happen because
               | of ignorance and political manipulations rather than hard
               | technical limitations.
        
               | Apocryphon wrote:
               | Isn't that what Mastodon, or various projects using
               | Mastodon, are trying to do anyway? It's not such a thing
               | can't be built, it's just it's unlikely for such a
               | project to gain mass adoption.
        
           | adolph wrote:
           | Evan Williams would be the comeback story. Medium would play
           | the role of NeXT whose core technology shapes the way
           | forward.
        
             | Kye wrote:
             | Twitter already has this with Revue.
        
         | spiantino wrote:
         | Your logic would make it seem like a hostile takeover would be
         | accepted with any premium, and companies routinely have to bid
         | 40 or 50% higher.
         | 
         | Maybe it's different with a poison pill in place as the onus is
         | on the board, but I don't think its obvious what the board
         | should/will do
        
         | crate_barre wrote:
         | Truth of the matter is before Elon ever gets Twitter another
         | tech giant will buy it without hesitation.
         | 
         | They should sell to him because all he is doing is either
         | buying Twitter at fair value or doing pre-launch hype for a
         | competitor which will include the accumulation of other
         | platforms including Trump's Truth social, shit like substack,
         | which he can easily get for less than 10 billion, Mastadon,
         | etc.
        
           | betwixthewires wrote:
           | You can't buy mastodon, the software is licensed AGPL and the
           | network is run by it's users. You could buy stewardship of
           | the software and the trademark if it's registered, like
           | google did with android, but you never own GPL licensed
           | software, only the users do.
        
             | crate_barre wrote:
             | I think you still understand my point. This guy roughly
             | says if there's no electric car, build your own. If there
             | is no reusable rocket, build your own. If big tech is
             | stifling free speech ...
             | 
             | All successful people continuously repeat what worked for
             | them in the past.
        
         | AlexandrB wrote:
         | I don't get how the logistics work in a move like this. If
         | you're a shareholder and the board approves the sale are you
         | forced to sell your shares to Elon at the stated price? What if
         | you don't want to sell?
         | 
         | Edit: I also wonder how leveraged positions, especially shorts,
         | get resolved.
        
           | chippiewill wrote:
           | The sale can be forced so long as 75% of shareholders approve
           | and the purchase price is above the sale price during the
           | offer period.
           | 
           | No idea about shorts. I would assume that the short seller
           | would simply have to pay the original owner the end purchase
           | price.
        
           | cloutchaser wrote:
           | Depends on the shareholder agreement and how the board fits
           | into that.
           | 
           | By default it would be something like - if the board approved
           | it goes to a shareholder vote, and if 75% or 90% of the
           | shareholders approve the rest are dragged.
           | 
           | I doubt the board can force all shareholders to sell, that
           | would be an insane power position for shareholders
        
             | AlexandrB wrote:
             | This is informative, thank you. I wonder what portion of
             | Twitter investors are index fund companies like like
             | Vanguard and "institutional investors" like pension funds
             | that are unlikely to object. And obviously Elon himself is
             | a ~10% shareholder. Seems likely that this would pass a
             | vote easily.
        
               | nonethewiser wrote:
               | 78.4%
               | 
               | search "Inst Own" https://finviz.com/quote.ashx?t=TWTR
               | 
               | That's actually crazy to think about... so besides Elon,
               | only 11.6% of shares are privately held? Meaning Elon
               | holds about half of all privately held shares? Unless
               | somehow he is in the 78.4% but I don't think so.
        
               | shagmin wrote:
               | He might be in both brackets - 11.6% of shares held
               | privately plus some fraction of that 78.4% by owning some
               | broad index funds.
        
           | escot wrote:
           | Yes. Specifically, your shares will just turn into cash in
           | your brokerage account. You don't need to initiate a sale.
           | 
           | Note that this happens even if you're going to lose money on
           | your investment.
        
         | mikestew wrote:
         | _...and so the board has a serious legal obligation to
         | carefully review this offer and make a decision._
         | 
         | [citation needed] on that "legal obligation" myth that is
         | continually propagated. As a real-life example, there's
         | Microsoft's offer to Yahoo.
        
         | belter wrote:
         | A company is not a bag of potatoes in the market to sell at the
         | whims of the highest bidder.
         | 
         | Here is what would be looking after their fiduciary duties:
         | 
         | The company had a loss of 200 million dollars this year. Was
         | only profitable 2 years out of its 16 years of existence. The
         | board should state that Twitter in the hands of Elon Musk,
         | could jeopardize its current unique and somewhat also
         | precarious, place in social media.
         | 
         | The company should ask Elon Musk, to first explain to
         | shareholders what he plans to do with the company, and how it
         | would benefit them. Provide details on shape and form of how
         | his plan would be implemented. Until then, rejecting the offer
         | is looking after their fiduciary duties.
        
           | nonethewiser wrote:
           | I think you have it backwards. Twitter has always struggled,
           | usually losing money, and Musk is coming in with a cash
           | offer. He doesn't need to change anything for this to be a
           | financial relief to shareholders. Not to mention shareholders
           | will no longer have an interest in the company, as it will
           | become private. There really isn't any impetus to prove
           | Twitter's future will be better (and better than what? bad?)
        
             | belter wrote:
             | That is the whole point of my argument. As a director, I am
             | rejecting the offer because my fiduciary duty, it to veil
             | for the future of the company, not the bank account of the
             | shareholders :-)
        
           | ksdale wrote:
           | It will be rather difficult for the board to argue that it's
           | satisfying it's fiduciary duty by rejecting an offer with
           | such a high premium so the current shareholders can continue
           | to own a company that's losing money.
        
           | timmg wrote:
           | > A company is not a bag of potatoes in the market to sell at
           | the whims of the highest bidder.
           | 
           | That's _exactly_ what it is. Stocks trade on an open market.
           | Twitter went public. They chose to become a commodity. That
           | 's how commodities work.
        
           | carlosdp wrote:
           | > The board should state that Twitter in the hands of Elon
           | Musk, could jeopardize its current unique and somewhat also
           | precarious, place in social media.
           | 
           | But see, this point is irrelevant in this scenario. If they
           | sell, every current shareholder gets bought out in full, they
           | no longer have a stake in the company. He could shut it down
           | the next day and it wouldn't affect the former shareholders,
           | the company's future at that point is only Elon (and Twitter
           | employees' and users') concern.
           | 
           | It's fiduciary duty to the shareholders, not the company
           | itself, not the employees.
        
             | belter wrote:
             | A board works for the company not directly the
             | shareholders. Shareholders think they are the owners of a
             | company but they are not.
             | 
             | "Shareholders think they own the company -- they are
             | wrong":
             | 
             | https://www.ft.com/content/7bd1b20a-879b-11e5-90de-f44762bf
             | 9...
             | 
             | "Board of directors have a fiduciary duty to exercise due
             | care in how they manage a corporation's affairs and also
             | have the duty of loyalty and obedience to the corporation.
             | A fiduciary duty means that both directors and officers
             | handle their powers only for the collective benefit of the
             | corporation AND (my emphasis) its stockholders."
             | 
             | https://www.upcounsel.com/board-of-directors-fiduciary-duty
        
               | nonethewiser wrote:
               | > Shareholders think they are the owners of a company but
               | they are not.
               | 
               | They are. That's what a shareholder is.
        
               | belter wrote:
               | See article I linked from FT for the rationale.
               | 
               | You can have all 100% of the shares, and there are still
               | things the law can punish you for, like running a company
               | to the ground. You can't say: I owned 100% of the shares,
               | so ordered the board to set fire to it as I though the
               | flames would be beautiful and would give me a calming ego
               | trip.
               | 
               | Shareholders can't order any type of action from
               | directors, just because they might have votes to elect
               | them.
               | 
               | Look at Facebook, and the CEO special shares. Do you
               | think you are an owner of Facebook or a passenger along
               | for the ride?
        
               | carlosdp wrote:
               | > Look at Facebook, and the CEO special shares. Do you
               | think you are an owner of Facebook or a passenger along
               | for the ride?
               | 
               | That's not a great example, because in Facebook's
               | structure, Zuck has special class shares which give him
               | 10x the voting power of regular shares, per share. So he
               | actually _does_ have the majority of the shareholder
               | power, irrespective of any rationale of the
               | responsibility of directors.
        
         | dkjaudyeqooe wrote:
         | Anyone notice that the price is $5 _4.20_?
         | 
         | A coincidence? A week out from 4/20?
        
           | dmarcos wrote:
           | Not a coincidence. Elon also offered $420 per share when he
           | tried to take Tesla private.
           | 
           | Context for the unfamiliar:
           | 
           | https://en.m.wikipedia.org/wiki/420_(cannabis_culture)
        
             | dkjaudyeqooe wrote:
             | Yeah that's what I was referring to, making me think this
             | is more of the same juvenile shenanigans.
        
               | mywittyname wrote:
               | Well yeah, he's never seen any real punishment from all
               | the other times he's broken the law. So why would he
               | stop?
               | 
               | He'll pump & dump again. Make a ton of money. Then after
               | he's forced to pay a modest fine, he'll make it his
               | mission in life to hunt down and destroy the careers of
               | anyone involved in the investigation.
        
               | ProjectArcturis wrote:
               | Yeah, where's he going to get $42B cash? A typical offer
               | would describe the source of funds. This one doesn't.
        
               | skinnymuch wrote:
               | He will sell 42000 NFTs to his followers.
        
           | ghayes wrote:
           | The Bloomberg article states this fact, as well.
        
           | mdoms wrote:
           | He sure does like the weed number for a guy who smoked pot
           | exactly one time.
        
           | golemotron wrote:
           | His text to counter-parties telling them that he was going to
           | make an offer was 281 characters too.
        
         | GoodJokes wrote:
        
         | namesbc wrote:
         | No board is going to accept a low-ball offer, and that assumes
         | Musk is even seriously offering and not pulling another stupid
         | stunt.
        
           | boringg wrote:
           | Part of his strength is that he keeps people on his toes.
           | What is a real move vs when is he trolling.
        
         | cft wrote:
         | Deep state via its pension funds that have unlimited access to
         | free cash from Fed in cases like this, will long Twitter. This
         | bidding war cannot be won by Musk. He probably factored this
         | in, and will take significant profit once he dumps his share as
         | he promised. Hopefully that would go towards funding a Twitter
         | alternative.
        
         | alecco wrote:
         | And to note, Musk is going against the trend. Ark, the tech
         | permabull, reduced its Twitter position. Cathie Wood just said
         | she started selling after @jack stepped down as CEO.
         | Interesting times.
        
           | mgfist wrote:
           | I don't think he is. He stated that he doesn't see a future
           | for Twitter with current management.
        
           | jjoonathan wrote:
           | Too early to say. He bought, pumped, and has set up an excuse
           | to dump. To go against the trend, he would have to hold. That
           | remains to be seen.
        
             | et2o wrote:
             | Do you really think Elon Musk cares about potentially
             | making about 100 million on a pump and dump scheme? He's
             | worth 240 billion
        
               | jjoonathan wrote:
               | Yes. Not only does he get $100M for a few tweets and
               | talks with an accountant, he gets to hurt people he
               | doesn't like, and he builds his reputation as one who
               | plays hardball.
        
               | partiallypro wrote:
               | If the bid is rejected the price of the shares would
               | probably go below his initial purchase price in the
               | shares...so he'd likely lose money.
        
               | jjoonathan wrote:
               | He can keep the circus going long enough to significantly
               | sell into it, if he hasn't already started. He's _really_
               | good at that.
        
               | Fomite wrote:
               | See Musk's net worth. It's entirely possible that
               | whatever the loss is, it's an entertainment expense in
               | his mind for a vanity project, a bit of spite, and
               | perpetuating his reputation.
        
         | mike00632 wrote:
         | "NO RISK"?
         | 
         | There is a very clear risk of transformating the social media
         | titan that is Twitter into Truth Social, a sideshow of a forum
         | that is dedicated to the worship of one man. That would plummet
         | the stock price.
        
           | max599 wrote:
           | >That would plummet the stock
           | 
           | From the point of view of the investors, there is no risk. If
           | offer is accepted, they get their bags of cash and walk away
           | with hopefully more than what they paid for those share. Musk
           | could shut down the business to the ground on day 1 and they
           | still get to keep their cash (I wish he would).
        
           | partiallypro wrote:
           | This is a fear based on nothing that I keep seeing peddled by
           | people with no experience moderating anything in their entire
           | life, and don't remember early Twitter. Other companies have
           | actually censored theirselves into irrelevance (almost happed
           | to OnlyFans, already happened to Tumblr, Yahoo, etc.) So a
           | model with more fair and transparent moderation would likely
           | be a business boon. Twitter is not at all transparent on why
           | some things are allowed to stay while others are banned
           | entirely.
           | 
           | Also the shareholders would get cash, they would no longer
           | own the company at all and the future of the company would no
           | longer be of their concern. Musk could shut it down and it
           | wouldn't matter to investors, they'd already have their
           | money.
        
           | aoeusnth1 wrote:
           | Not for the current shareholders, who would have cashed out
           | by then. They would have no stake in MuskTwitter (tm).
        
         | jtdev wrote:
        
         | MrMan wrote:
         | in the financial press I see people saying the board should
         | _not_ accept this lowball, non-negotiable offer.
        
         | randyrand wrote:
         | Fiduciary duty =/= short term gains of company stock.
         | 
         | Shareholder interest =/= money. Shareholder votes allow other
         | considerations can be taken into account.
         | 
         | I agree with your comment, but it's not _that_ hard to reject
         | IMO.
        
           | missedthecue wrote:
           | Boards have been sued and won against for not taking takeover
           | bids. So there is some precedence.
        
           | texasbigdata wrote:
           | Delaware law is a bit more nuanced here.
        
             | ABCLAW wrote:
             | Not really. The OP in this thread is very overblown. The
             | business judgement rule is a cornerstone of corporate law
             | in most western jurisdictions - Delaware's framework, if
             | anything, enhances the value of the scope and level of
             | deference offered by the rule.
             | 
             | https://corplaw.delaware.gov/delaware-way-business-
             | judgment/...
        
         | [deleted]
        
         | coffeeblack wrote:
         | One risk may be that a lot of the blue hairs among the staff
         | may choose to leave the company. Then again, that might be a
         | positive thing for the company's economic performance.
        
         | bspear wrote:
         | All I can think is... lucky Jack, and poor Parag
        
           | jereees wrote:
           | The ultimate scapegoat tbh. The whole things was just for
           | show (completely unfounded statement, but I hold it to
           | heart).
        
         | babypuncher wrote:
         | > Boards have a fiduciary duty to the shareholders. As an all-
         | cash offer, this generates for the shareholders a substantial
         | return with NO RISK, and so the board has a serious legal
         | obligation to carefully review this offer and make a decision.
         | 
         | The fact that their primary concern has to be for their
         | shareholders and not whether the sale will be good at all for
         | the rest of humanity is a huge problem in my eyes.
        
           | Digory wrote:
           | I echo /u/Babypuncher's call for human idealism.
           | 
           | Legally, the Board can consider stakeholder goals and
           | morality. I think if Musk announced a profitable-but-legal
           | foray into genocide, you could urge shareholders to reject
           | it, and no court will hold otherwise.
           | 
           | But at some point the shareholders can overrule you. And in
           | those cases, we find management's highest goal is usually
           | preserving their own special salary, not the "interests of
           | humanity."
        
           | dragonwriter wrote:
           | > The fact that their primary concern has to be for their
           | shareholders and not whether the sale will be good at all for
           | the rest of humanity is a huge problem in my eyes
           | 
           | Welcome to capitalism.
        
           | kebman wrote:
           | What is it that you think is good or bad for the rest of
           | humanity about this potential sale?
        
             | metamet wrote:
             | You can criticize Twitter's leadership all you want, but I
             | don't see how allowing Elon Musk to take ownership control
             | of Twitter would better humanity.
        
             | coolso wrote:
             | Free speech is dangerous; without censorship, progressive
             | ideas cannot propagate because people can then make them
             | look as silly as they truly are.
        
               | bobkazamakis wrote:
               | > Free speech is dangerous; without censorship,
               | progressive ideas cannot propagate because people can
               | then make them look as silly as they truly are.
               | 
               | By this definition, the US never would have abolished
               | slavery. Those who praise conservative ideas always put
               | those ideas in a vacuum where they can't be proven wrong.
               | Fascinating, isn't it?
        
               | water8 wrote:
               | This is kinda riding on past accomplishments of the
               | Republican party. Progress for progress's sake isn't
               | always progress
        
               | bobkazamakis wrote:
               | the statement asserted has nothing to do with any
               | specific party at any specific point in period. This is
               | an example of progress during an era of which,
               | apparently, free speech was unquestioned. The past
               | accomplishments of the Republican party much more closely
               | mirror the current Democratic party due to the Southern
               | Strategy, but again, not relevant to the point being
               | made.
               | 
               | > Progress for progress's sake isn't always progress
               | 
               | then it's definitively not progressive, isn't it?
               | Conservation is a reactive stance, not an active one.
        
               | andrepd wrote:
               | I've read this 3 times and I still don't understand what
               | you're trying to say.
        
               | boppo1 wrote:
               | He's saying Twitter is very left-leaning and censors
               | criticism of progressive tweets.
        
               | andrepd wrote:
               | But isn't this demonstrably false? (Not even to mention
               | that "progressive" in this context seems to mean
               | something very different from the dictionary definition).
        
               | water8 wrote:
               | Just as much as it's demonstrably true.
        
               | jokethrowaway wrote:
               | Which Twitter are you using? Pick up any conservative
               | YouTube video talking about social media and you'll see
               | plenty of examples.
               | 
               | One example that comes to mind is Hunter Biden's laptop
               | (recently confirmed as true, even by left wing
               | publications) being censured vs all the Trump's Russian
               | allegations (which didn't go anywhere) which weren't.
        
               | SketchySeaBeast wrote:
               | > recently confirmed as true, even by left wing
               | publications
               | 
               | Sorry, the existence of said laptop, or all the wild
               | conspiracy theories attached to it? You need to bound in
               | your definition of "true" here a bit.
        
               | KarlKemp wrote:
               | He's saying that humanity is seriously losing out because
               | he is sometimes limited in his capacity to be an asshole
               | in some corner of the internet. Also, if my set-theory
               | interpretation is accurate, he's claiming that "being an
               | asshole on the internet" + "being progressive" equals the
               | totality of the human experience, from their vantage
               | point.
        
               | coolso wrote:
               | Many of the silliest progressive ideas are being / have
               | been normalized thanks to Big Tech and the establishment
               | doing one or more of three things:
               | 
               | 1) actively censoring people who speak out against them
               | 
               | 2) preventing discussions from happening in the first
               | place (comments disabled, dislikes hidden)
               | 
               | 3) actively promoting the ideal progressive version of
               | the idea to cut down on dissent
               | 
               | Take the pronouns thing. Every other Instagram account of
               | a female has her official pronouns (which you may only
               | choose from a list of officially allowed ones so as to
               | cut down on dissent via things like "your majesty / his
               | highness") set to she/her. I'm sorry but we all know
               | you're a woman. Why are you putting your pronouns up? The
               | idea is a preposterous one; don't even get anyone started
               | on the they/them abomination.
               | 
               | And yet dissent and mockery of this abject stupidity is
               | largely censored. As a result it's bleeding out into the
               | real world.
               | 
               | I hang in very progressive social circles. Trust me when
               | I tell you, you do not want this reality. Their lives are
               | defined by their progressive causes and perceived slights
               | and micro aggressions. Every introduction "must" involve
               | your pronouns and if you "forget" them they will
               | innocently ask you of them. As a result people are
               | bumbling pronouns all the time, I cannot tell you how
               | many times even the pronoun experts start to say "she" or
               | "he" in casual conversation referring to someone but then
               | panic and stutter and say "they" because they can't quite
               | remember what pronoun this particular person wants to go
               | by today or if they're a they/them who despises people
               | who feel like they should be able to speak freely without
               | knowing they're very, very special and are too special to
               | go by a binary pronoun.
               | 
               | Mockery is the best defense against stupidity. Which is
               | why it's under such a big threat. And it's why Elon is
               | taking over Twitter.
        
               | rrose wrote:
               | > Take the pronouns thing
               | 
               | oh boy.
               | 
               | > Why are you putting your pronouns up?
               | 
               | To normalize people being open and explicit about their
               | gender identity so that people with non-obvious gender
               | identities can feel less conspicuous sharing theirs.
               | 
               | > they/them
               | 
               | They and them have been neutral-gender pronouns forever.
               | 
               | > And yet dissent and mockery of this abject stupidity is
               | largely censored.
               | 
               | Because most of it is thinly veiled transphobia. You can
               | still disagree with the censorship but to act as if it's
               | mostly good-faith arguments being censored is just naive.
        
               | hyperdunc wrote:
               | Sorry, a person's gender identity just isn't that
               | interesting, and the extra cognitive load of remembering
               | pronouns isn't something I'm willing to bear.
               | 
               | This trend isn't meaningful, it's narcissistic.
        
               | rrose wrote:
               | it not being interesting to you doesn't mean it isn't
               | incredibly important to them. The fact that it _is_
               | incredibly important to them is obvious, and the
               | "cognitive load" you're talking about is completely
               | trivial. If you're not willing to take even the tiniest
               | effort to make the people around you feel welcome, you
               | may be the one being narcissistic.
        
               | akomtu wrote:
               | Some relevant offtopic here. Long time ago I came across
               | a book of occult nature that, among other things,
               | outlined 6 soul types, one of them being a curiously
               | accurate portait of what we call wokeness now:
               | 
               | ...individualised by vanity were born into city
               | populations, and life after life they tended to drift
               | together by similarity of tastes and contempt for others,
               | even though their dominating idiosyncrasy of vanity led
               | to much quarrelling and often-repeated ruptures among
               | themselves. Separateness became much intensified, their
               | minds strengthening in an undesirable way, and becoming
               | more and more of a shell, shutting out others. Their
               | emotions, as they repressed animal passions, grew less
               | powerful, for the animal passions were starved out by a
               | hard and cold asceticism, instead of being transmuted
               | into human emotions; sex-passion, for instance, was
               | destroyed instead of being changed into love. The result
               | was that they had less feeling, birth after birth, and
               | physically tended towards sexlessness, and while they
               | developed individualism to a high point, this very
               | development led to constant quarrels and rioting. They
               | formed communities, but these broke up again, because no
               | one would obey; each wanted to rule. Any attempt to help
               | or guide them, on the part of more highly developed
               | people, led to an outburst of jealousy and resentment, it
               | being taken as a plan to manage or belittle them. Pride
               | grew stronger and stronger, and they became cold and
               | calculating, without pity and without remorse.
        
               | robonerd wrote:
               | Do you mind sharing the name of this book? I'm interested
               | in reading about the other sort of souls.
        
               | diputsmonro wrote:
               | Cool story bro.
               | 
               | I could also write up paragraphs of text filled with
               | vague generalizations and prejudices about people living
               | in the rural countryside, and paint up a picture that all
               | the people who live there are abominations who uniquely
               | suffer from the negative aspects of the human condition..
               | 
               | But I won't, because this and that are both mindless
               | factionalist drivel.
        
               | nonethewiser wrote:
               | Then there is nothing anyone can do for you.
        
               | cockfacts wrote:
        
           | RaymondDeWitt wrote:
           | If someone offers to purchase your home or other property,
           | the decision to accept that offer lay with the property
           | owner(s), not the municipality, county, or state who may or
           | may not consider impact to humanity. In what utopia do you
           | think we live?
        
             | seizethegdgap wrote:
             | You're comparing apples to Zanzibar.
             | 
             | You don't have 300 million people (including heads of
             | state) outside your house (that you jointly own with
             | millions of other people) standing on your lawn interacting
             | with each other and the rest of the world.
        
               | kbenson wrote:
               | You likely do have people or organizations on the loan to
               | your house though, and they don't really get a say most
               | of the time as long as they can be paid off.
               | 
               | What if instead of a house we were talking about a small
               | business that serves people. Can that business not sell
               | itself to someone else?
               | 
               | Property rights and the government stepping in to force
               | changes don't interact well, and goes against a free
               | market type system. The government does step in
               | sometimes, but usually when they see what's being done as
               | being anti-competitive and hurting people through
               | reducing market effectiveness, not just because they've
               | made some moral judgement. Personally I'm happy they're
               | not doing the latter, I suspect quite a lot of people
               | would not agree with the judgements they were making at
               | any specific time, depending on the specific groups in
               | power.
        
               | andrepd wrote:
               | Property rights and the government stepping in to force
               | changes don't interact well, and goes against a free
               | market type system. The government does step in
               | sometimes, but usually when they see what's being done as
               | being anti-competitive and hurting people through
               | reducing market effectiveness, not just because they've
               | made some moral judgement.
               | 
               | Tobacco advertising, pollution, lead gasoline... Clearly
               | we do make moral choices and, as a democracy, pass laws
               | restricting some activities. The world is not encompassed
               | by The Profit Motive.
               | 
               | I'm not quite sure that unrestricted hyper-optimised
               | misery factories are the thing we should be shooting for.
        
               | UncleMeat wrote:
               | People claim that free markets, capitalism, and
               | government noninterference lead to good outcomes.
               | 
               | Then when we look at examples of these things causing
               | harm rather than leading to good outcomes, people shout
               | and say "Hey you can't do that, its a free market!"
               | 
               | If people want to use the argument that free markets
               | should be able to cause harm if they want then people
               | need to stop using the argument that free markets are
               | good because of all the good they consistently do.
        
           | cloutchaser wrote:
           | China has a different model. Perhaps move there and try that?
        
           | mgfist wrote:
           | Shareholders can vote no. It's why having a majority
           | shareholder is so powerful.
           | 
           | But also it's the job of the regulatory body to be the check
           | for society
        
           | [deleted]
        
           | CivBase wrote:
           | > The fact that their primary concern has to be for their
           | shareholders and not whether the sale will be good at all for
           | the rest of humanity is a huge problem in my eyes.
           | 
           | I know very little about public trading or the laws regarding
           | it - especially compared to many other HN users - but here's
           | my novice response:
           | 
           | Think about _why_ that 's a rule. The board doesn't own the
           | company; the shareholders do. The board's role is to make
           | decisions on behalf of the shareholders. The rule exists to
           | ensure they do exactly that.
           | 
           | A board deciding to financially harm the investors they
           | represent for the "good of humanity" goes against the very
           | concept of investment. A public company intentionally acting
           | against the financial interests of its owners would see its
           | stock value immediately collapse, causing immense damage to
           | its shareholders, employees, and customers.
           | 
           | If you want a company to act "for the good of humanity", it
           | has to either be privately owned or align with the financial
           | interests of its investors.
        
             | KarlKemp wrote:
             | It's really just a silly common misinterpretation of a
             | vague legal concept, the stock market equivalent of
             | "correlation doesn't imply causation", in that it's the
             | only thing many people know about the subject and that they
             | consider this very complicated information that needs to be
             | mentioned at every possible opportunity.
             | 
             | In reality, there has been more or less exactly one
             | successful invocation of the concept in history, against
             | Craig Newmark, when he explicitly said he was going to do
             | something that would harm shareholders.
             | 
             | In reality, you do whatever you want and if anybody
             | complains you tell them it's good PR and will therefore
             | benefit shareholders in the long run. You can be as wrong
             | about that as you want as long as you manage to avoid
             | explicitly stating that you know to be wrong.
        
             | UncleMeat wrote:
             | > A board deciding to financially harm the investors they
             | represent for the "good of humanity" goes against the very
             | concept of investment.
             | 
             | It does not. It goes against a very specific concept of
             | investment, which is that I should be able to buy a thing
             | and make money with absolutely zero regard for anybody
             | else. It is not a rule of the universe that owning
             | something should allow me to harm others.
        
               | CivBase wrote:
               | I agree that ownership of a company does not entitle you
               | to harm others. There are many laws which exist to
               | prevent companies from harming others and we probably
               | need more of those.
               | 
               | But this isn't about what rights a company has. This is
               | about the obligations a board has to act on behalf of its
               | shareholders within legal limits.
               | 
               | Please don't confuse my comments for an approval of
               | public companies choosing financial gain over the good of
               | others. This is one of the primary reasons why I am very
               | critical of companies going public. Going public
               | essentially means a company sells its soul for investment
               | money. The owners and investors may see a big payout, but
               | the potential long-term good a company can do is
               | handicapped as soon as it goes public.
        
               | [deleted]
        
             | RaymondDeWitt wrote:
             | BINGO
        
             | andrepd wrote:
             | That's all very well and good but aren't you arguing in a
             | circle? You're essentially saying "since shareholders have
             | absolute power over an enterprise, therefore they have
             | absolute power over the enterprise". Sure, but we're
             | arguing that it's not a good idea to have companies be
             | immune to any public accountability or and democratic
             | control. In fact we already do this: there are myriad laws
             | that constrain the behaviour of companies: rules about
             | financing, transparency, pollution, taxes, etc.
        
               | CivBase wrote:
               | I read the comment as being a complaint specifically
               | about the rule that board members should have to act in
               | the financial interest of shareholders. If the intention
               | was to criticize ownership rights of shareholders or to
               | argue for legal limitations on the powers of a company's
               | owners, then my response definitely doesn't address that.
        
               | andrepd wrote:
               | Fair enough.
        
           | carlosdp wrote:
           | If you want that to be the primary concern, start a
           | B-Corp[1], not a C-Corp. There's plenty of successful public
           | benefit corporations!
           | 
           | [1]
           | https://en.wikipedia.org/wiki/B_Corporation_(certification)
        
           | qez wrote:
           | Who decides what's right for humanity? Someone has to. How
           | about the owners... aka the shareholders.
        
             | andrepd wrote:
             | Why should a very small number of people with capital
             | decide that? Clearly that's not very democratic.
        
               | cercatrova wrote:
               | Because...they own the company? They literally hold
               | shares representing their ownership of the company and
               | then vote on what to do with said company. That is
               | democratic.
        
               | yellow_postit wrote:
               | What system would you propose?
               | 
               | Shareholders seems like the best of the worst type
               | scenarios. They have skin in the game, they are
               | countable, they have legal status.
        
               | Karrot_Kream wrote:
               | Why is Twitter important enough to require democratic
               | stewardship? Lots of people don't use Twitter; it's the
               | least used platform among all the other social media
               | companies. When you're thinking about stewarding capital
               | democratically, think about where the lines are, and why.
               | The critique I'm reading behind the lines here is that
               | Twitter, despite being a private institution, has a large
               | amount of impact on society and so should be subject to
               | democratic oversight. I'm not sure that's the reality;
               | Twitter is a failing business with a stagnant, albeit
               | highly engaged, userbase. It's unclear to me why we
               | should subject Twitter to democratic control for the good
               | of its small userbase. If anything that critique would be
               | more applicable to something like Facebook in the US or
               | WhatsApp in other countries (HK, India, etc) which
               | actually have come to take a sort of infrastructural role
               | in communications. Twitter does not have this role.
               | Should the government have stepped in during the Tumblr
               | acquisition?
               | 
               | That's the tricky thing with making the case to steward
               | corporations democratically. Just for example, my parents
               | don't know anything about Twitter except its name. I
               | think they would find the government regulating Twitter
               | to be an overreach of democracy simply because it's not
               | something they know or even care about.
        
       | ROARosen wrote:
       | The reason this bothers me in principle, is that whatever the
       | side of politics you are, the "public" will have effectively zero
       | control on affecting any board decisions at Twitter, moderation-
       | wise or otherwise.
       | 
       | Its true that the public had little say in that regard till now
       | but at least this buyout threat shows that it is "possible" to
       | stand up to whatever decisions their board makes.
       | 
       | As an aside, I doubt people and governments would have the same
       | confidence in Twitter were it a private company, which leaves me
       | to believe that this whole buyoff thingy is just a power play by
       | Musk to gain some power over the board without actually joining
       | the board.
        
         | sidcool wrote:
         | It's such a dichotomy. Twitter's main assets are its users.
         | Twitter is valuable only because of its user base. And the
         | users do have a say. If majority of the users decide against
         | this takeover, they can boycott the platform. But a collective
         | action at this scale is pretty difficult to orchestrate. It's
         | quaint, users have the power to shut down Twitter, but still
         | they can't do it.
        
           | fleddr wrote:
           | Twitter's users are worthless.
           | 
           | Recent studies show that a very small percentage is
           | responsible for some 97% of all tweets. And worse, 80% of
           | those 97% of tweets are retweets.
           | 
           | There's almost no original content of any value on Twitter.
           | You could now delete half of all Twitter users and absolutely
           | nothing will happen.
           | 
           | Twitter is a bunch of celebrities/politicians saying things
           | that fuel division and outrage, which generates the bulk of
           | activity. They won't ban anything as because without Twitter
           | richly rewarding them for idiotic takes, they are nothing.
        
           | orlp wrote:
           | This dichotomy is as old as the dictatorship. A
           | king/emperor/tzar/<dictator variation #923>'s assets are the
           | people he commands. All his value comes from taxation of the
           | people or extraction of natural resources by the people. The
           | people can decide to overthrow the king, but it is hard to
           | orchestrate.
        
         | xixixao wrote:
         | I don't see any connection between ownership and moderation.
         | Perhaps Elon does. But he can be called on by the Senate just
         | as any board appointed CEO. Curious if someone can explain the
         | connection.
        
           | philosopher1234 wrote:
           | If you own twitter you can chop heads till the
           | moderationpolicy changes
        
           | [deleted]
        
       | neillyons wrote:
       | Can someone give me a layman's explanation as to why taking
       | Twitter private would allow Elon to make the changes he wants to
       | make that he couldn't do if it was still public?
        
         | [deleted]
        
         | rcMgD2BwE72F wrote:
         | If he takes the company private (solo or with other investors),
         | he'll make sure to have the votes to impose the CEO of his
         | choice, with the option to change him/her whenever he pleases.
         | That should be a sine qua non.
        
         | Jsebast23 wrote:
         | This is just opinion.
         | 
         | Twitter lost the trust of important users who have seen people
         | censored for tweets that go against management's politics.
         | Nobody thinks it's cool to build a community of hundreds of
         | thousands of followers, only to be censored out at the most
         | critical moment. That confidence will never be regained as long
         | as Twitter has the same management and the same board. You
         | would need to replace the board (the owners) and the
         | management. Musk will also add his own name--a powerful brand
         | itself--to Twitter's brand; but for the thing to work, Musk
         | needs to be in full control. A private company also has less
         | disclosure obligations, which is a valuable plus.
        
       | oneepic wrote:
       | And just like that, Twitter engineering _might_ somehow develop
       | the same poor culture and work-life balance as Tesla and SpaceX.
       | If I was there, I 'd be groaning at this news.
        
         | [deleted]
        
       | jollybean wrote:
       | "Boards have a fiduciary duty to the shareholders."
       | 
       | Xi and the CCP/Chinese Government make a bid to buy Google, for a
       | 20% premium.
       | 
       | They also bid to buy Twitter, Facebook and Microsoft. All for 20%
       | premium.
       | 
       | Should shareholders do 'the right thing' and sell?
       | 
       | Assuming you're not a Twitter shareholder _why do you care about
       | investors interests? Why don 't you care about your interests_?
       | 
       | Why do plebes constantly argue against their own interests?
       | 
       | As a Twitter user, I pretty much don't want Elon Musk involved,
       | and I don't really care too much otherwise.
       | 
       | Every organization has stakeholders: customers, suppliers,
       | financiers (investors and debtors), execs, employees.
       | 
       | If a Union forms, they can take considerable control away from
       | investors.
       | 
       | If debtors come calling, they can take considerable control, away
       | from investors.
       | 
       | 'Externalizations' such as issues in the public good, or
       | environmental issues - matter.
       | 
       | Usually, we like to think of those things, in the context of a
       | 'Charter' that highlights those things i.e. some 'Crown/Gov.
       | Corporations', things like the CBC, US Post etc..
       | 
       | When you say 'things that don't matter vs. things that do' - that
       | could be true, or only even true from a certain perspective.
       | 
       | For example, you might think they should not focus on moderation,
       | but instead, advertising. Well, without appropriate moderation,
       | the ship could sink. Also, issues like moderation can be hard and
       | ultimately satisfy nobody, and frankly, might not even be an
       | operational distraction (although it probably is).
       | 
       | Finally - as property of Elon Musk - Twitter will be literally
       | whatever he wants it to be.
       | 
       | Rich People have, throughout history, bought newspapers etc. for
       | the entire purpose of slandering their opponents. The news wasn't
       | even 'real' until just a few generations ago, it was all tabloid.
       | 
       | Elon Musk could will likely censor those who disagree with him
       | and his colleagues, and boost/amplify those who's interests are
       | aligned with him - maybe not as badly as others, but it could be
       | that.
       | 
       | If you're going to take a 'principled stand' on this issue, it's
       | going to have to be one probably of the externalized common good,
       | not so much shareholders.
        
         | mrleinad wrote:
         | Moderation makes sense when somebody is hijacking your platform
         | and ruining the experience for everyone else.
         | 
         | How does someone ruin anything for anyone on twitter, when you
         | can just unfollow/block on your own, and follow whomever you
         | want?
         | 
         | Seems to me that "moderation" these days is the same as
         | "censorship". The same way the EU decided that their citizens
         | cannot think for themselves and need to be protected from
         | Russian lies like small children.
         | 
         | I'd very much like Elon to take over Twitter, since he has
         | clearly expressed he doesn't believe in pre-emptively censoring
         | anyone just because their views are not aligned.
        
           | tuwtuwtuwtuw wrote:
           | > The same way the EU decided that their citizens cannot
           | think for themselves and need to be protected from Russian
           | lies like small children.
           | 
           | But there is vast amounts of empirical evidence that this is
           | correct. Why in the world would you think otherwise?!
        
             | inglor_cz wrote:
             | Every single argument that can be made in favor of speech
             | restrictions can be made in favor of voting rights
             | restrictions as well.
        
               | tuwtuwtuwtuw wrote:
               | Nope.
        
             | thegrimmest wrote:
             | The idea behind freedom generally is that despite the fact
             | that most people don't behave optimally, it is unjust to
             | curtail their right to behave suboptimally, so long as that
             | behaviour doesn't _directly_ impact others.
        
             | [deleted]
        
           | jollybean wrote:
           | First " since he has clearly expressed he doesn't believe in
           | pre-emptively censoring anyone just because their views are
           | not aligned. "
           | 
           | This is completely false. Nobody is barred from Twitter pre-
           | emptively, and nobody is barred because their 'views are not
           | aligned'
           | 
           | More importantly, it's naive to believe that the commons can
           | decipher the truth.
           | 
           | They cannot - neither can you or I - in a world of total
           | disinformation.
           | 
           | The 'truth' does not rise to the top, rather, the ideas that
           | are the most seductive, that appeal to our impulses and
           | beliefs, are the ideas that rise to the top and especially if
           | there are potent interests - and there always are i.e.
           | Economic or Political, that 'free forums' will be controlled
           | by those interests which will likely have nothing to do with
           | any kind of 'truth' - which is in the public good.
           | 
           | People are busy, and the world is complicated - so we need
           | centres of credibility.
           | 
           | For example - Doctors and Medical Information.
           | 
           | That's a hugely regulated sector, because we don't want
           | Yahoos selling you 'Cures for Cancer' when they don't work at
           | all. And there would be a Trillion dollar business there, if
           | were allowed, causing untold harm. We already have a lot of
           | problems there actually.
           | 
           | There is no 'free speech' in Medical Information.
           | 
           | I'll use your own example against you:
           | 
           | Do you think that Europeans are magically smarter than
           | Russians? How is it that large number of Russians, even those
           | who technically have access to 'outside information' come to
           | such a deluded view of reality established by Putin?
           | 
           | Why do you think that Europeans are going to magically
           | enlightened and not susceptible to his made up reality?
           | 
           | Putin has not 'cut off' Russia, he just needs to raise the
           | barriers a little bit (i.e. VPN), because most people will
           | just watch the propaganda otherwise.
           | 
           | That way, he can create a 66% buy-in in Russia.
           | 
           | If he can aggressively drive his misinformation into Europe,
           | he could create a 15% support, and maybe 25% disinclination,
           | enough to tilt the tables in many political situations, based
           | on complete fabrications.
           | 
           | In the Weimar Republic, Stalin had direct control over 17% of
           | the Bundestag via his direct control over the German
           | Communist Party achieved through control over popular
           | information ie propaganda in the commons.
           | 
           | 30% of the USA public believes that the election was stolen,
           | which is a lie.
           | 
           | If you take a survey among progressives about police violence
           | against African American and ask them to put some numbers
           | down (i.e # of unarmed African Americans being killed by
           | police) - you'll get outrageous answers, not really based on
           | any kind of reality.
           | 
           | And both of those things are problems even in the current
           | system which has 'some integrity'.
           | 
           | All un-moderated public places turn into chaos very quickly -
           | that's the first problem.
           | 
           | More importantly - they will be used by forces to create the
           | reality they want.
           | 
           | It's fine to have a view of what Twitter should and should
           | not be of course, if you want Elon there, that's great.
           | 
           | But nobody who is not a Twitter investor should really care
           | that much about 'fiduciary responsibility'. The 'Truth' is a
           | much, much more important public good that some random guys
           | economic interest.
        
             | mrleinad wrote:
             | > Nobody is barred from Twitter pre-emptively, and nobody
             | is barred because their 'views are not aligned'
             | 
             | Maybe so. What about branding accounts as "pro X" or "anti
             | X"? Because Twitter's been doing that, albeit much less
             | explicitly. You can see now that some journalists get the
             | tag "Russian affiliated" just because they try to report on
             | all sides the same way. Isn't that akin to taking a stand
             | against or something? Why would you need to brand someone
             | on their views if not to censor them in a way?
             | 
             | > it's naive to believe that the commons can decipher the
             | truth
             | 
             | Where's the enlightened group of individuals that decide
             | what truth is and is not? Who decides who's a common, and
             | what parameters do you use? I'd really like to know.
             | 
             | > The 'truth' does not rise to the top
             | 
             | If you mean your twitter feed, certainly not. But on the
             | long term, it surely does.
             | 
             | > that 'free forums' will be controlled by those interests
             | which will likely have nothing to do with any kind of
             | 'truth' - which is in the public good
             | 
             | So, you're saying that the Twitter board knows what's best
             | for the public good and what's not. They're the enlightened
             | ones then? How did they attain this state?
             | 
             | > Why do you think that Europeans are going to magically
             | enlightened and not susceptible to his made up reality?
             | 
             | I'm saying they should decide for themselves. Nobody should
             | tell you what you can and cannot read. That's your right,
             | and that includes listening to lies. If you want people to
             | see beyond lies, teach them to recognize those lies
             | instead. Critical thinking is what's required.
             | 
             | Of course, then they'll also be able to see through YOUR
             | lies, so maybe that's what they don't want?
             | 
             | > If he can aggressively drive his misinformation into
             | Europe
             | 
             | Forget about Putin. How will you be able to tell
             | misinformation from truth in your own government, when
             | instead of pushing for critical thinking, you push for
             | banning people?
        
             | thegrimmest wrote:
             | > _so we need centres of credibility_
             | 
             | I don't disagree, however I would hold that these centers
             | establish themselves naturally, in absence of any
             | regulation. There is a reason that one's reputation was of
             | _paramount importance_ before this regulation came into
             | being. Well-raised people didn 't fall for quackery simply
             | because they were taught _only_ to transact with reputable
             | purveyors.
             | 
             | I personally would _very much like_ to make my own
             | decisions based on the information available, and I don 't
             | need the government to limit my options or hold my hand in
             | any way. I also have no problem with letting misinformed
             | people _fail_ to the full extent that their failure
             | implies, including pursuing quackery for their medical
             | ailments. I fundamentally don 't think it is the
             | government's job to protect people from their own
             | misfortune or personal failure.
             | 
             | The problem with "the truth" is that it substantially
             | doesn't exist, beyond reproducible scientific inquiry. How
             | do you know, for sure, as a matter of scientific fact, that
             | the election wasn't tampered with in any way? I'm not
             | suggesting that it was, only that it is _unknowable_. As
             | with any question of the historical record, all we can do
             | is look at the facts available to us and apply our best
             | judgement. These questions are fundamentally ones on which
             | free people should be entitled to disagree.
             | 
             | I don't want an authority dictating what is and isn't the
             | "right" interpretation of history or current events, simply
             | because _no authority_ can be relied on to get this 100%
             | right. Being forced to conform to one lie is far, far worse
             | than hearing many.
        
           | UncleMeat wrote:
           | > Moderation makes sense when somebody is hijacking your
           | platform and ruining the experience for everyone else.
           | 
           | It makes sense _to you_. Moderation makes sense to me in very
           | different circumstances.
        
           | llbeansandrice wrote:
           | > need to be protected from Russian lies like small children.
           | 
           | You are not immune to propaganda.
        
             | jollybean wrote:
             | It's kind of sad egoism that people think they are immune
             | to misinformation or propaganda.
             | 
             | Mark Twain said something along the lines of it's 10x more
             | difficult to convince someone they've been duped, then
             | duping them in the first place.
             | 
             | Everyone, definitely including intelligent people, are very
             | susceptible to propaganda and misinformation.
        
               | mrleinad wrote:
               | Who gets to decide what's propaganda and what is not?
               | You? The government?
        
               | nullc wrote:
               | How many of the positions you strongly advocate for here
               | on HN would you estimate are ultimately the result of
               | misinformation or propaganda that you've fallen victim
               | to?
        
             | mrleinad wrote:
             | Never said I was. But neither you nor the government (nor
             | me for the sake of argument) can decide what's propaganda
             | and what's actual information.
             | 
             | Let people decide that on their own.
        
             | thegrimmest wrote:
             | No one is saying they are, only that they'd like the
             | opportunity (read the right) to make up their own mind, and
             | be wrong about things.
        
           | alimov wrote:
           | > How does someone ruin anything for anyone on twitter, when
           | you can just unfollow/block on your own, and follow whomever
           | you want?
           | 
           | So if we don't ignore bots or "troll farms" (or whatever they
           | are called these days) then it's pretty clear how the
           | experience of any user on the platform can be "ruined". If
           | you're spending a ton of time blocking / unfollowing instead
           | of engaging with others on the platform, then that could be
           | one way that many "someone's " can ruin Twitter for others.
        
             | mrleinad wrote:
             | > If you're spending a ton of time blocking / unfollowing
             | 
             | Do you really spend hours doing that? I use twitter and
             | really don't need to do all that maintenance, and there are
             | TONS of trolls and nasty people.
             | 
             | What are you doing on twitter that requires such high
             | maintenance?
        
           | andrepd wrote:
           | >Seems to me that "moderation" these days is the same as
           | "censorship".
           | 
           | Extremely funny that you say that in a forum that is so
           | heavily moderated.
           | 
           | >I'd very much like Elon to take over Twitter, since he has
           | clearly expressed he doesn't believe in pre-emptively
           | censoring anyone just because their views are not aligned.
           | 
           | Yes, as we all know Elon Musk is an extremely trustworthy
           | person and I'm sure he will go out of his way to keep his
           | word (as he has always done in his life) in order to do good
           | to the world, even to his own detriment. /s
           | 
           | My god, some people are very gullible.
        
             | mrleinad wrote:
             | > Yes, as we all know Elon Musk is an extremely trustworthy
             | person
             | 
             | He refused to ban Russian media through Starlink when
             | everyone was banning them and anything that smelled like
             | russian. So I'd say he can take the heat for free speach
             | when it truly matters.
        
               | andrepd wrote:
               | Of course, he refuses to ban things when that doesn't
               | impact his bottom line! (and in fact gives him good pr)
               | 
               | But that's easy enough, it's free. But we do see how much
               | he truly cares about freedom when his $$$ is on the line,
               | say when he goes full gilded-age union-busting on his
               | employees for example.
        
               | mrleinad wrote:
               | I'll re-evaluate my views on him in that case. So far, my
               | case stands.
        
         | bewaretheirs wrote:
         | "Xi and the CCP/Chinese Government make a bid to buy Google,
         | for a 20% premium."
         | 
         | If this were to happen, the bid would be reviewed by the CFIUS
         | -- https://home.treasury.gov/policy-issues/international/the-
         | co... ; based on the review, the transaction could be blocked
         | by executive order.
        
           | jollybean wrote:
           | Of course it would not pass muster, which is my point.
           | 
           | There is a giant 'non market force' at play there a certain
           | kind of regulatory apparatus which most people understand
           | exists for good reason.
           | 
           | This regulatory condition obviously supercedes 'fiduciary
           | responsibility' of the Board.
           | 
           | Communications is a protected industry because powerful
           | foreign interests can take control of narratives, precisely
           | because people in the commons - including you and I - are
           | fairly easily pursuaded.
           | 
           | 'Truth' is really hard to do, it's a public good and it's why
           | at the national level we have protections - and - it's why
           | both Twitter, Google etc. as 'sources of information' fall
           | under a different perspective of governance than say, a
           | 'cracker company'.
        
         | RandallBrown wrote:
         | > Xi and the CCP/Chinese Government make a bid to buy Google,
         | for a 20% premium. They also bid to buy Twitter, Facebook and
         | Microsoft. All for 20% premium. Should shareholders do 'the
         | right thing' and sell?
         | 
         | The right thing isn't necessarily selling. In that case the
         | right thing is to _consider_ the offer and decide if it 's
         | worth it or not. In this case the answer would probably be "No"
         | and the US Government probably wouldn't let it happen either.
        
       | CosmicShadow wrote:
       | Scary if he wins. One super powerful shit disturber with a
       | personal agenda controlling one of the largest social news
       | sources out there.
       | 
       | It goes from a company fighting to survive, who probably has
       | little agenda (or time and power to really fight for it), to a
       | company that exists simply to serve the whims of one man's agenda
       | and every change and action will be for that purpose, albeit not
       | advertised as such. How else better to amplify one's voice and
       | discredit anyone else's? Sow chaos, fuel rumours, surface chatter
       | that will affect markets to his favour and to dick around with
       | politicians and countries that aren't doing him any favours. It
       | definitely doesn't sit right.
       | 
       | The real question is why, because I very much doubt he wants to
       | "improve" twitter, it's more like what does he want to accomplish
       | by owning the platform to advance his other goals.
        
       | ravenstine wrote:
       | I can't imagine Musk can make Twitter any worse than it is. As
       | much as I would have liked it to be a medium that elevated
       | humanity, with some exceptions, it's served to be quite the
       | opposite. I'd be pleased if Twitter disappeared from existence,
       | but maybe Musk either improves it or leads to demolish it, and by
       | no means would I suggest standing in the way.
        
         | Angostura wrote:
         | You see, I think Twitter is different things to different
         | people. I use it quite a lot - for putting out news about my
         | local swimming club, the school's parent teacher association
         | and at work communicating with customers. I find it great, and
         | don't have to deal with toxicity because I don't go out looking
         | for it.
        
           | ravenstine wrote:
           | That's true, and is the case with Facebook as well. I'm
           | mostly commenting on the overall effect Twitter has had on
           | civilization, and not so much that on the individual level.
           | If Twitter has enriched society, I've yet to have noticed. In
           | contrast, at least Tesla makes electric cars, expensive they
           | may be, and even Facebook Marketplace is an improvement over
           | Craigslist.
        
           | hans1729 wrote:
           | Unfortunately, you don't have to go out and look for it
           | though. Twitter was not supposed to be a worse RSS-feed, so
           | if that's your use case, nice, but that scope is ignorant to
           | the reality of its market-fit.
        
         | abap_rocky wrote:
         | It's easy to imagine how Twitter can be worse because you can
         | just look at Facebook.
        
           | ravenstine wrote:
           | Oh yeah, Facebook. I think my grandpa used that once.
           | 
           | Don't get me wrong, Facebook can be bad, but I think Facebook
           | was primarily bad at the personal level. It performed adverse
           | psychological experiments on its users and it leaked data.
           | Twitter is I think bad at a large scale because it's created
           | a global shouting match while implementing ridiculous and
           | often unspoken rules for the sake of protecting the
           | establishment.
           | 
           | At least you can sign off of Facebook and never use it again.
           | Twitter, on the other hand, is given such undue power over
           | the flow of information and intercultural sentiment, and news
           | from both the mainstream and the digital outskirts reference
           | it all the time. Whether I have a Twitter account or not, I
           | can't avoid it, because mere tweets make the news
           | _constantly_. I 'd say that Twitter is far more influential
           | than Facebook at this point.
        
         | racl101 wrote:
         | yeah, it's already a dumpster fire. How much lower can it get?
        
       | pavlov wrote:
       | I've been very unhappy with my Twitter use because it has an
       | addiction pattern. I set a short screen time limit on my phone,
       | but I keep breaking it. Yet browsing the feed generally makes me
       | feel sad and anxious.
       | 
       | This news may be what I needed to delete my account.
        
         | cbg0 wrote:
         | It sounds like you should be unhappy with your own addictive
         | tendencies and not necessarily Twitter. You may want to reach
         | out to a specialist if you feel this is negatively impacting
         | your life, as you'll likely start doing the same with some
         | other app.
        
       | HonestOp001 wrote:
       | Good. Twitter is a top heavy company that could have its staff
       | halved and still be good.
       | 
       | Elon would do a great job firing the staff and right sizing the
       | company.
       | 
       | There was a chap who was involved in their AI department. Despite
       | the initial question of why is there an AI department, the follow
       | up is why is it doing so badly?
        
       | lvl102 wrote:
       | He actually dismissed Twitter's management so I am guessing
       | they're slated to be demoted or fired if he takes over. Should
       | they sell? I mean it's such a bizarrely undervalued company. It's
       | like buying a plot of land on fifth avenue that's owned by a
       | convenience store and the store owner wants to charge for a
       | skyscraper market rate.
        
         | caymanjim wrote:
         | Twitter's management has no say in whether or not they sell,
         | except insofar as they get to vote with their shares like any
         | other investor.
        
         | objclxt wrote:
         | > I mean it's such a bizarrely undervalued company.
         | 
         | Is it, though? Snap's market cap is $56 billion right now, and
         | they have more MAU than Twitter (~320 million vs ~220 million).
        
           | JohnWhigham wrote:
           | Snap has been on borrowed time for a while. Both Tiktok and
           | FB do what they do only better and with more users.
        
           | [deleted]
        
           | l-lousy wrote:
           | I have NEVER seen an ad on Snapchat because all I do is send
           | pictures and chat. Twitter has a user base that is a lot more
           | engaged and can easily be captured by ads.
        
             | whimsicalism wrote:
             | You are just a millennial, this is why you undervalue
             | Snapchat.
        
           | barnabee wrote:
           | Twitter is where people who are or will be powerful,
           | influential, or impactful get their information, form their
           | opinions, and often debate really important topics.
           | 
           | So I'd agree it's undervalued in terms of utility if it's not
           | priced an order of magnitude or more higher than Snap.
           | 
           | Whether that value can or should be captured as profit or is
           | a public good, implying Twitter should operate more like a
           | utility or non-profit is another question...
        
             | adwn wrote:
             | > _Twitter is where people who are or will be powerful,
             | influential, or impactful get their information, form their
             | opinions, and often debate really important topics._
             | 
             | Anecdotal counter point: I'll be powerful and influential
             | one day, and I'm not using Twitter at all.
             | 
             | On a more serious note, I haven't seen any evidence for the
             | claim that powerful people form their opinions from
             | information on Twitter.
        
               | chii wrote:
               | > I'll be powerful and influential one day, and I'm not
               | using Twitter at all.
               | 
               | how would you know you won't be using twitter when you do
               | become powerful?
        
             | UncleMeat wrote:
             | I don't believe I have ever once seen a "debate on really
             | important topics" on Twitter. And that's even including the
             | unusually large number of professors I follow.
        
               | garbagetime wrote:
               | Professors must be among the least likely to have such
               | discussions on Twitter.
        
               | UncleMeat wrote:
               | Well then point me at all of this "debate on really
               | important topics."
        
             | mike00632 wrote:
             | If you think that 280 characters is thorough intellectual
             | discourse then you're spending too much time on Twitter.
        
             | robonerd wrote:
             | Twitter is where the powerful, influential and impactful
             | people of the world do their best to demystify and demean
             | themselves.
        
           | lvl102 wrote:
           | Twitter is literally the news breaking platform across the
           | world. How much do you think that's worth? I think it's worth
           | more than $100B under competent management.
        
             | Ekaros wrote:
             | It might have reach... But does it make money? And can it
             | be made to make money?
        
               | chii wrote:
               | That's what they said about facebook in the beginning.
               | And that's also the exact same thing they said about
               | facebook acquiring whatsapp.
        
             | throwaway71271 wrote:
             | who even watches the news? its worth nothing for people <
             | 30, and the people > 30 already watch what they want to
             | watch, so twitter or not doesnt matter.
        
             | garbagetime wrote:
             | It's certainly a very impactful service.
        
             | aeyes wrote:
             | Around the world? I think you are overestimating Twitter by
             | a large margin. My guess is that in the US Twitter has
             | marketing deals with media outlets which make it a relevant
             | platform to post and consume breaking news in the first
             | place.
             | 
             | In other countries I haven't seen a lot of Twitter logos on
             | TV.
        
               | caymanjim wrote:
               | TV has nothing to do with it. I've never seen a Twitter
               | logo on TV in the US either, except when they're
               | reporting on Twitter as a company. GP wasn't talking
               | about a business relationship between TV networks and
               | Twitter.
        
               | whimsicalism wrote:
               | Nothing to do with TV, Twitter has been established as a
               | news breaking platform since at least the Arab spring.
               | And it is _absolutely_ an international phenomenon.
        
               | derefr wrote:
               | The GP means that the journalists at the TV stations are
               | getting their leads on what to cover _from Twitter_ ; not
               | that audiences are watching Twitter in place of breaking
               | news.
        
               | asdff wrote:
               | They probably have a police scanner running too. Should
               | the public have that running as well to listen to all the
               | latest news? IMO there is place for that and most people
               | don't really need up to the second information on things
               | happening hundreds of miles from anywhere they regularly
               | interact with.
        
       | zzleeper wrote:
       | What's the chance of him just polling off a dogecoin? Price went
       | up, he sells, then says "sorry for rejecting my offer" (which of
       | course had "secured funding" and all that).
       | 
       | Would be a great way to make a few extra billion and of course
       | the SEC won't do mcuh
        
       | Foivos wrote:
       | Why 100% and not just the majority?
        
       | YossarianFrPrez wrote:
       | 43 Billion Dollars!? Of all the important issues in the world,
       | Twitter is where this sort of money might go? Twitter! Oy vey
       | have we lost sight of whats important. That's enough to give
       | every research PhD student in the USA a sorely needed extra $15k
       | every year for the next ~50 years. Sure glad we aren't living in
       | an age where incentivizing technological breakthroughs on a
       | societal level is an important thing to do.
       | 
       | I use twitter, I get something out of it, and I probably disagree
       | with Musk politically on several issues. But if he were to take
       | Twitter private, and change it, or whatever... Honestly, that's
       | his prerogative; I'm certainly not in a position to stop him.
       | Whether it's "good" or "bad" is not something that's really under
       | my control. It's just a shame that this wealth isn't used for
       | something more productive.
        
         | neonate wrote:
         | Twitter _is_ the public square for elite discourse in the US.
         | It 's surprising the price is that low. As a business maybe
         | not, at least not in the short term, but the externalities
         | are...compelling.
        
           | thethimble wrote:
           | Also this is an investment - not a donation. The expectation
           | is that the $43b will drive direct ROI - not something that a
           | donation to students will provide to an investor.
        
             | YossarianFrPrez wrote:
             | That's a good point. I guess I just question the value of
             | having any more "direct ROI" when you already have a
             | quarter of a trillion dollars. Surely, at that level, the
             | things that improve the quality of your life -- especially
             | to a systems thinker type -- are positive social changes?
        
         | thepasswordis wrote:
         | He doesn't lose $43 billion. He goes from osning $43B of one
         | thing to $43B of a different thing.
        
           | YossarianFrPrez wrote:
           | True, but I'm not too concerned whether Musk loses $43
           | billion or makes a 9% return on his money. While I don't
           | imagine most people would be happy "losing" ~16% of their net
           | wealth, when you have a quarter of a trillion dollars, I
           | don't know that it makes any difference. Wealth and money
           | mean something different at Musk's scale.
        
           | dragonwriter wrote:
           | Just because he spends 38% over market price for Twitter
           | doesn't mean that the realizable value of Twitter to anyone
           | but the people who have already sold to him goes up by that
           | 38%, nor, even if it did, does it mean it retains that value
           | once he takes control.
        
         | hitpointdrew wrote:
         | I would have to hard disagree. I think free speech is one of
         | the most important issues we face today, it's worth any price
         | IMO, including the ultimate price.
         | 
         | Having research without free speech is useless.
        
           | barbazoo wrote:
           | Free speech doesn't mean being able to say anything one wants
           | on every platform one wants to say it on. There are real free
           | speech issues out there but I don't see how this is one of
           | them.
           | 
           | I see nothing good about some billionaire buying a
           | communication medium millions of people use every day but I'm
           | happy to be told why this is better than Twitter being a
           | public company.
        
           | YossarianFrPrez wrote:
           | I too am a fan of free speech. In academia, in theory, that's
           | what the tenure system is for.
           | 
           | It seems to me that the issue is one of society being less or
           | more accepting, not so much twitter censorship.
        
         | danielmarkbruce wrote:
         | The money doesn't disappear, it's not being "spent". One person
         | is buying, a bunch of people are selling.
        
         | hbn wrote:
         | > 43 Billion Dollars!? Of all the important issues in the
         | world, Twitter is where this sort of money might go?
         | 
         | Wait until you hear what the US wastes on its military every
         | year!
        
           | themitigating wrote:
           | That's wrong as well. What does it have to do with the
           | current conversation
        
             | hbn wrote:
             | You can point to any large amount of money spent and say
             | that it could be spent better. At least this is staying in
             | the country and could potentially benefit people.
        
           | YossarianFrPrez wrote:
           | True, but one of these is set in a messy and complex
           | interlocking system of multi-stakeholder incentives. The
           | other seems to be more or less the whims of one individual.
        
         | joshmlewis wrote:
         | It's not like he's spending it for nothing in return. He's
         | buying a business that has the potential to be cash flow
         | positive (although it's been a couple years). He must see
         | potential to make the service better and make money doing it. I
         | can't speak for him obviously but based on his prior large
         | bets, he's willing to lose it all but that's never his
         | intention at the outset.
        
       | [deleted]
        
       | oxplot wrote:
       | How the hell is this a hostile takeover? No one's even responded
       | to the offer yet? Shitty ass clock bait headline.
        
       | lesgobrandon wrote:
        
       | GrumpyNl wrote:
       | Just to much money for one person.
        
       | unglaublich wrote:
       | Another billionaire that buys a media outlet to massage the
       | public's opinion to their need.
        
       | arrakis2021 wrote:
       | Good. Twitter is a hate factory. And it is failing as a business.
       | A shake up is overdue.
        
         | bikamonki wrote:
         | Can it be fixed though? The hate factory is the end-game of how
         | the software was built (follows, retweets, etc) and how people
         | use the software. What is the plan here? Re-program Twitter?
         | Invent a new social network where the end-game is not a hate
         | factory?
        
       | quantumhobbit wrote:
       | Who else thinks he's hype driving the price up to dump the shares
       | he already owns at a profit? He clearly has no reason to fear the
       | SEC...
        
       | matthew40 wrote:
       | I see this positively. Musk cannot save what the Internet is
       | becoming, but he may be able to prevent Twitter from being
       | completely captured by leftists fascists.
        
       | tambourine_man wrote:
       | Time to take a second look at Mastodon. Or third.
        
       | MrMan wrote:
       | the things Musk says about twitter in the press release, dont
       | seem to be necessarily true - that twitter has some unique social
       | utility, or a great deal more value that is not being maximized.
       | I guess reality distortion fields work, but people are wise to
       | twitter, and what it is and isnt good for. and any changes or
       | enhancements that make it worth 70 per share once more are likely
       | to be more about new engagement models like 10 second videos or
       | something, not crossing some imaginary line of maximal free
       | speech. I dont know.
        
       | danielktdoranie wrote:
       | Someone explain to me how this is a "hostile" take over?
        
         | XargonEnder wrote:
         | Basically if you don't like Musk then all this behaviors can be
         | explained as hostile.
         | 
         | I certainly don't agree with this viewpoint but this is
         | functionally what is happening.
        
       | amznbyebyebye wrote:
       | They are backed into a corner here. They don't have a choice.
       | Elon's got 'em.
        
         | akhmatova wrote:
         | Substantiation needed.
        
           | frankbreetz wrote:
           | There is a threat about Elon dumping his shares if he doesn't
           | get his way.[0]
           | 
           | Elon has been known to pump and dump various things. Look at
           | what happened to Bitcoin when Tesla announced they would no
           | longer be accepting it. He is essentially saying take this
           | offer or I am going to tank your share price.
           | 
           | "If the deal doesn't work, given that I don't have confidence
           | in management nor do I believe I can drive the necessary
           | change in the public market, I would need to reconsider my
           | position as a shareholder," said Musk.
        
       | dav_Oz wrote:
       | What he certainly has produced already is a lot of attention,
       | now, if he can't buy up this specific platform at his final bid
       | maybe a dump and a 51% will follow ... whatever the case he got
       | an extraordinary amount of people in and outside of TWTR
       | discussing his intentions and captured hopefully some
       | imaginations so in the end if nothing succeeds in terms of an
       | acquisition he can at least effectively leverage this huge
       | attention to jump start a new platform.
       | 
       | I'm not for obscenely wealthy single individuals i.e. 'oligarchs'
       | sponsoring "open source free speech platforms" but I welcome the
       | mainstream opportunity for stirring up the dead end (social
       | dilemma) in which social platforms find themselves (from out-of-
       | spiral censoring ("moderating") to basically uncontrolled anon
       | image boards) I guess from an engineering perspective sensible
       | new solutions are very much needed.
        
       | indigodaddy wrote:
       | So after Twitter's stock price doubles and Musk dispenses with
       | these foolish antics, he dumps his shares, yeah?
        
       | tannerbrockwell wrote:
       | "The Reporting Person intends to review his investment in the
       | Issuer on a continuing basis. Depending on the factors discussed
       | herein, the Reporting Person may, from time to time, acquire
       | additional shares of Common Stock and/or retain and/or sell all
       | or a portion of the shares of Issuer common stock held by the
       | Reporting Person in the open market or in privately negotiated
       | transactions, and/or may distribute the Common Stock held by the
       | Reporting Person to other entities." [1]
       | 
       | [1]:
       | https://www.sec.gov/Archives/edgar/data/0001418091/000110465...
        
       | ss108 wrote:
       | > Free speech absolutism is possible and is beneficial
       | 
       | I don't think we have evidence to support this. Pursuant to the
       | last major thread on the topic, I was thinking further about it,
       | and realized that the vast majority of progress civilization has
       | made has been under conditions much more regulated in terms of
       | which ideas may propagate. We've never had a situation where fake
       | news can and does spread the way it does today, where authorities
       | are being undermined like this and casually dismissed by people
       | with no knowledge of the respective fields, etc.
       | 
       | The notion that all speech should be allowed actually seems
       | stupid to me on its face, the more that I consider it.
        
         | sneak wrote:
         | > _We 've never had a situation where fake news can and does
         | spread the way it does today_
         | 
         | Have you heard of the church? We've had authority figures
         | spreading lies for personal gain for millennia.
        
         | throwawayacc2 wrote:
         | > The notion that all speech should be allowed actually seems
         | stupid to me on its face, the more that I consider it.
         | 
         | The logical conclusion of this is speech should be regulated.
         | And if speech is regulated, the next question is by whom? Good
         | luck trying to get people to agree on this and even more good
         | luck having this not be abused by those in charge.
         | 
         | What you will end up with is a dictatorship like China and
         | Russia.
        
           | stouset wrote:
           | There are _bountiful_ examples of regulated speech in the
           | modern world and yet the world isn 't only China and Russia.
           | 
           | Speech is regulated right here on this platform, where you
           | clearly have no qualms with participating. Speech is
           | regulated in Germany, where it is outright illegal to express
           | Nazi-sympathizing opinions or to deny the Holocaust. Speech
           | is regulated in the US, where you cannot shout "fire" in a
           | crowded theater or promote investments you haven't disclosed
           | your stake in.
           | 
           | Not all slopes are slippery.
        
             | throwawayacc2 wrote:
             | > or to deny the Holocaust
             | 
             | Purely out of curiosity, what do you think about government
             | mandated beliefs?
        
               | stouset wrote:
               | The government doesn't mandate beliefs. In this case, the
               | government denies you a platform to spread particular
               | beliefs. It's hard to argue that leaving holocaust denial
               | out of the discourse is losing much of value.
        
               | throwawayacc2 wrote:
               | > In this case, the government denies you a platform to
               | spread particular beliefs.
               | 
               | Is this something you believe to be a good thing?
        
               | stouset wrote:
               | It's something I believe isn't a slippery slope. We have
               | ample evidence that denying a platform to limited sets of
               | beliefs (e.g., Holocaust denial or Nazi sympathizing)
               | does not quickly devolve to total censorship the likes of
               | which we see in China and Russia, which was the original
               | argument you made.
               | 
               | If you're backing down from that original assertion I'm
               | happy to argue other aspects of this discussion, but I'm
               | not going to chase you around in a circle while you keep
               | re-framing the argument.
        
         | pxmpxm wrote:
         | > We've never had a situation where fake news can and does
         | spread the way it
         | 
         | This is a recycled church argument from when the Gutenberg
         | press came around...
        
           | ss108 wrote:
           | It's intellectually lazy to ignore the very different power
           | of the internet and the very different social context in
           | which the relevant technologies are developing. For example,
           | the Gutenberg press didn't let literally any idiot
           | immediately distribute their inane thoughts to everybody.
           | There were still barriers of literacy, etc.
        
             | guerrilla wrote:
             | Actually, it was in a sense worse, it only let those able
             | to afford to print distribute their potentially inane
             | thoughts. It did not distinguish whether thoughts were
             | inane or not, it only distinguished how much money you had.
             | The assumption that being able to afford something prevents
             | one from or is mutually exclusive with having inane
             | thoughts to express is, I think all of history would
             | corroborate, completely unwarranted.
        
             | boredumb wrote:
             | Being incredibly generous, barely 20% of the US population
             | even logs onto twitter.
        
             | macinjosh wrote:
             | So what you're saying is illiteracy was a good thing?
             | Perhaps we should bring that back /s
        
         | tomp wrote:
         | > the vast majority of progress civilization has made has been
         | under conditions much more regulated in terms of _who can have
         | sex with whom_
        
         | rayiner wrote:
         | > We've never had a situation where fake news can and does
         | spread the way it does today, where authorities are being
         | undermined like this and casually dismissed by people with no
         | knowledge of the respective fields, etc
         | 
         | Real authorities don't need society to defer to them as such.
         | Their mastery over nature--the power of their ideas to deliver
         | tangible outcomes--makes their authority undeniable.
         | 
         | It's the people whose expertise is of marginal real-world value
         | who insist on deference to their "authority." At the limit,
         | it's the clergy that insist on social norms to defend their
         | claim to authority. Today, you'll find those sorts of folks
         | mostly in the social sciences, insisting that their PhD in XYZ
         | studies entitles them to speak authoritatively on issues of
         | general concern:
         | https://calteches.library.caltech.edu/51/2/CargoCult.htm.
        
           | ss108 wrote:
           | They do have that authority. One of the reasons I left tech
           | is precisely this attitude I see prevalent among engineers
           | where they don't respect other peoples' areas of expertise.
           | 
           | Just because something is of general concern doesn't mean
           | everyone is equal in terms of their mental models or
           | knowledge of the issues.
        
             | rayiner wrote:
             | "Knowledge" is not the same as "expertise" in the sense OP
             | means above. Clergy go to school and have degrees and have
             | deep knowledge in their field, but that doesn't mean that
             | ordinary people owe them any deference on areas of general
             | concern.
             | 
             | True authority automatically draws respect because it
             | enables those experts to do things and explain things
             | ordinary people cannot. It's not just engineers--it's
             | carpenters, accountants, lawyers, doctors, electricians,
             | mechanics, etc. If literacy rates were skyrocketing because
             | of the work done by Doctorates in Education nobody would be
             | making snarky comments about them.
        
               | ss108 wrote:
               | > True authority automatically draws respect because it
               | enables those experts to do things and explain things
               | ordinary people cannot.
               | 
               | Taking a generous view of what you're saying ("authority
               | gets as much respect as it merits in a kind of free
               | market of ideas/actions"), I just think that's not true
               | of contemporary Western culture at all. People denigrate
               | authority all the time without any knowledge of the
               | subject-matter. It's become a real problem in this
               | culture.
               | 
               | I also don't know why you think authority and expertise
               | need to be tied to "doing".
               | 
               | And, on both points, I can assure you lawyers can't "do"
               | anything particularly interesting and also that what
               | narrow expertise they do have is constantly denigrated--
               | it definitely does not automatically draw anyone's
               | respect lol. Often, they have a good knowledge of how law
               | and government work, and also the reason why some laws
               | are how they are. I see a lot of people denigrating and
               | dismissing reasoned articulations of why some laws are x,
               | why you can't automatically blame y government official
               | for z outcome, etc. I find that people on the political
               | fringes tend to really just totally ignore such things
               | because they just want to blame (blame is a huge part of
               | both progressivism and Trumpism). We have an adolescent
               | culture.
        
               | rayiner wrote:
               | > I just think that's not true of contemporary Western
               | culture at all. People denigrate authority all the time
               | without any knowledge of the subject-matter.
               | 
               | Not authority that delivers tangible results. Nobody is
               | like "those aerospace engineers don't know what the heck
               | they're doing."
               | 
               | > It's become a real problem in this culture.
               | 
               | I would say a worse problem is practitioners of non-
               | rigorous fields demanding the deference accorded to
               | rigorous fields. For example the recent kerfuffle in
               | Virginia about parents versus "expert" teachers.
               | 
               | > I also don't know why you think authority and expertise
               | need to be tied to "doing".
               | 
               | Because that's the only way to separate what's real from
               | quackery and avoid recreating the clerical classes of
               | yore.
               | 
               | > And, on both points, I can assure you lawyers can't
               | "do" anything particularly interesting and also that what
               | narrow expertise they do have is constantly denigrated--
               | it definitely does not automatically draw anyone's
               | respect lol.
               | 
               | At the end of the day, when the government knocks on
               | their door, people call the most expensive lawyer they
               | can afford. Yes, that expertise is narrow, just like a
               | carpenter or electrician or a mechanic. But within their
               | narrow expertise--writing briefs or making a case to a
               | jury--they can deliver tangible results for their
               | clients.
               | 
               | > I see a lot of people denigrating and dismissing
               | reasoned articulations of why some laws are x, why you
               | can't automatically blame y government official for z
               | outcome, etc.
               | 
               | Which is great! It would be profoundly anti-democratic
               | for lawyers to point to their credentials and say that
               | someone makes them "experts" in fairness, justice, and
               | governance. But that's exactly what you see people in
               | non-rigorous fields doing. Teachers think that because
               | they have expertise in how to teach Phonics, that means
               | they should be broadly untrusted to decide what children
               | should learn and how they should be socialized.
               | Epidemiologists think they should be making calls on
               | whether bars are more or less essential to society
               | compared to churches.
               | 
               | Society has lots of debates about very important things:
               | how to socialize children, what's fair and w hat's not
               | fair, how to treat people who are different from the
               | majority, how to make tradeoffs between safety and
               | freedom, etc. You can't have a healthy society where
               | these debates are being monopolized by people saying "do
               | what I say because I have a PhD."
        
         | rlewkov wrote:
         | In general, more free speech is always preferable to less free
         | speech. If you could stand on your proverbial soapbox and say
         | something in the town square then you should be able to say the
         | same thing on Twitter (modern day town square) without being
         | censored. No one knows exactly what Elon will do but I think
         | whatever he does will be a positive ... IMHO.
        
           | ss108 wrote:
           | "In general, more free speech is always preferable to less
           | free speech."
           | 
           | Again, why? This is something people are repeating almost
           | dogmatically in this thread, and the examples from history
           | they point to in order to support this are inapposite in
           | numerous ways.
           | 
           | On the other hand, we have pretty concrete examples about how
           | verifiably false information is spreading in contemporary
           | society, in addition to things like hate speech.
        
         | dang wrote:
         | We detached this subthread from
         | https://news.ycombinator.com/item?id=31025090. (Not for
         | moderation reasons--simply to prune the thread so the server
         | isn't quite as overwhelmed.)
        
         | cwkoss wrote:
         | > We've never had a situation where fake news can and does
         | spread the way it does today, where authorities are being
         | undermined like this and casually dismissed by people with no
         | knowledge of the respective fields, etc.
         | 
         | There have had situations where the authorities are the ones
         | generating fake news, and they have also criminalized dissent
         | or corrections. I view that situation as more threatening than
         | the current one.
        
         | mrfusion wrote:
         | > ..the peculiar evil of silencing the expression of an opinion
         | is that it is robbing the human race; posterity as well as the
         | existing generation; those who dissent from the opinion, still
         | more than those who hold it. If the opinion is right, they are
         | deprived of the opportunity of exchanging error for truth; if
         | wrong, they lose, what is almost as great a benefit, the
         | clearer perception and livelier impression of truth produced by
         | its collision with error.
         | 
         | John Stuart Mill
         | 
         | https://www.utilitarianism.com/ol/two.html
        
           | colinmhayes wrote:
           | Mill is one of my favorite philosophers, but his ideas on
           | free speech need to be updated due to the internet. The
           | amount of power technology gives us would have been
           | inconceivable to him. There's no doubt in my mind the _On
           | Liberty_ would be a completely different book if he published
           | it today.
        
           | thrwy_918 wrote:
           | As many as 15% of Americans may hold QAnon beliefs [1]. Where
           | is the evidence that "the opportunity of exchanging error for
           | truth" is actually being seized?
           | 
           | It's all very well making an argument from principle, but if
           | the real-world outcome is tens of millions of people
           | believing absurd and dangerous conspiracy theories, I don't
           | find the argument from principle very persuasive.
           | 
           | [1] https://www.nytimes.com/2021/05/27/us/politics/qanon-
           | republi...
        
             | ss108 wrote:
             | Exactly. The combination of free speech and the internet
             | has made things worse in a lot of ways.
        
             | vxNsr wrote:
             | As usual the NYT tells half the story to advance an agenda.
             | Ten years ago you coulda asked about Area 51 conspiracies
             | and gotten the exact same response rates.
             | 
             | If you ask leading questions you'll get the answers you're
             | looking for. The poll is bad and the data is meaningless if
             | you're trying to find out what people think. However if
             | you're trying to push a specific agenda, and convince a
             | large part of the other 85% that many "others" are crazy
             | and need to be "re-educated"well then it's a very useful
             | poll.
             | 
             | You've been had.
        
               | ss108 wrote:
               | "Ten years ago you coulda asked about Area 51
               | conspiracies and gotten the exact same response rates."
               | 
               | And that's a good thing to you? I don't get what you're
               | saying.
               | 
               | Clearly there are people who believe in QAnon. And that's
               | a problem. Not sure what you're trying to argue.
        
             | Veen wrote:
             | The evidence is that it's _only_ 15%. Free speech doesn 't
             | guarantee everyone will have right beliefs. In fact, it's a
             | certainly that in a free speech environment lots of people
             | will have crazy beliefs.
             | 
             | Free speech does, however, guarantee that no one group can
             | control which ideas--crazy or not--can be expressed. And
             | that, in the long run, ensures that there will be space to
             | push back against the crazy and the harmful, which tends to
             | be good for the less powerful.
        
               | kadoban wrote:
               | If you're celerating that "only" 15% of people believe
               | the most obvious bullshit anyone could possibly cook up,
               | then your plan is flawed.
        
               | Veen wrote:
               | What would a non-flawed plan look like? One that results
               | in everyone having "correct" beliefs? I'm pretty sure it
               | would be a great deal worse than what we have now.
        
               | kadoban wrote:
               | Nuking social media from orbit would be a good start. Any
               | platform where what content you're shown is primarily
               | driven by an algorithm is very suspect.
        
               | Veen wrote:
               | On that we can agree. Social media is a scourge. But it's
               | also true that people believed crazy things before social
               | media.
        
               | kadoban wrote:
               | They did, but a more manageable dose. The current amount
               | and effectiveness of disinformation is making society
               | itself unstable.
               | 
               | Education could be a big part of it as well, not even
               | teaching people what's correct but how to figure it out.
               | 
               | Income inequality isn't exactly helping either. Many
               | people will believe any noisy asshole if their life sucks
               | enough.
        
               | themitigating wrote:
               | How does it guarantee that? What if I have information
               | that so and so in a government is a rapist but a sea of
               | lies implies I'm a traitor or pedophile
        
               | JacobThreeThree wrote:
               | Furthermore, in the grand scheme humans beliefs being
               | 'right' or 'wrong', people today probably have far more
               | 'right' beliefs than ever during history. Conspiracy
               | theories and wrong beliefs have been more prevalent in
               | the past than today.
        
             | [deleted]
        
           | SantalBlush wrote:
           | John Stuart Mill was wrong. It is absolutely possible to
           | convince someone who holds a correct opinion that their
           | opinion is wrong.
           | 
           | This is a major blind spot of otherwise intelligent, thinking
           | people: they believe that once a person is presented with the
           | truth, it magically reveals itself to them as the superior
           | piece of knowledge and the scales suddenly fall from their
           | eyes. It's utter nonsense, and people don't work this way.
           | 
           | *Edit: To my replies, I'm addressing an epistemological
           | assumption with this particular comment, not making a broader
           | judgement one way or the other about Twitter's handling of
           | speech. I don't care about Hunter Biden or whatever pet issue
           | you have with the media.
        
             | replygirl wrote:
             | And do you think an environment where undesirable ideas are
             | suppressed would be conducive to believers changing their
             | minds? Or do you think maybe those ideas would become
             | further entrenched and evolve into QAnon and vaccine
             | microchip theory?
        
             | LudwigNagasena wrote:
             | And it is even easier to convince someone who holds a
             | correct opinion that their opinion is wrong, if you ban and
             | suppress correct opinion.
        
             | mostertoaster wrote:
             | "Correct" opinion, is also subjective. Someone thought
             | let's say the hunter biden laptop story was true at first,
             | then someone convinced them it was wrong, because of
             | censure.
             | 
             | And maybe that opinion was "wrong" because it didn't
             | promote some agenda or worldview that the majority hold.
             | 
             | What is true, and what is correct aren't always the same
             | thing.
             | 
             | In 1984 the correct answer to 2+2 _is_ 5.
        
           | smackeyacky wrote:
           | With respect, the handbill or pamphlet was about the most
           | subversive means of communication he saw, in an age when
           | literacy wasn't universal.
           | 
           | The social media morass is something entirely different.
           | 
           | There is no precedent for the mass hysteria of something as
           | dumb as Qanon. Dead presidents dead children emerging from
           | the grave to save the world?
           | 
           | Oh wait...Jesus...David..rocks...easter.
           | 
           | Nvm.
        
             | soundnote wrote:
             | The Taiping Rebellion in Qing China between 1850 and 1864.
             | It was started by a man called Hong Xiuquan who failed his
             | mandarin examinations, fell into a psychosis of some kind,
             | and came to believe he was the brother of Jesus. The cult
             | he started was wildly successful and turned an entire
             | province into a cultist theocracy before being quashed by
             | the Qing.
        
             | op00to wrote:
             | It took hundreds of years of proselytizing by some very
             | highly educated people for Jesus David rocks Easter to have
             | an affect on the world.
             | 
             | Today, people who barely can string coherent thoughts
             | together can have an instant platform to spread idiocy.
             | 
             | I guess what I'm saying is the risk is much greater now for
             | idiocy to take over than before.
        
             | deadpannini wrote:
             | The main change new technologies bring is that we can now
             | see that a great many people disagree with us.
        
           | themitigating wrote:
           | There's a difference between opinions and misinformation, at
           | least how I see it.
           | 
           | "Covid isn't dangerous" is an opinion. "Covid doesn't exist"
           | is misinformation.
        
             | docandrew wrote:
             | "Misinformation" is being used as a cudgel to suppress
             | opinions or even facts that are, say - inconvenient - for
             | someone's narrative though.
             | 
             | Completely reasonable differences in opinion about the
             | risk, origin, or proper mitigation of COVID were blasted as
             | "misinformation" before they were eventually accepted by
             | the wider establishment. The initial rush to completely
             | censor such discussion early on is what caused all this
             | free speech ruckus.
             | 
             | There's always been nutty conspiracy talk, scams, hoaxes,
             | lies, ignorance - especially on the internet - and we've
             | learned to filter it out.
             | 
             | The "misinformation" label is going to backfire, though.
             | Instead of ignoring it, people are going to take a closer
             | look, because there's probably something there that the
             | labeler finds inconvenient. If it was simply untrue, then
             | say so, call it "not true" or a "lie."
             | 
             | Instead, "misinformation" is this kind of 1984-ish weasel
             | word used to discredit inconvenient facts while maintaining
             | plausible deniability when they turn out to be correct.
        
               | dukeofdoom wrote:
               | As someone that was always very skeptical of the claimed
               | effectiveness of the vaccine, despite the claims of its
               | effectiveness by the experts at the time from both
               | administrations. I feel vindicated when real world
               | numbers come out like this.
               | 
               | https://www.walgreens.com/businesssolutions/covid-19-inde
               | x.j...
               | 
               | Page 3, showing the unvaccinated testing at a much lower
               | rate for covid than the double or triple vaccinated
               | despite being forced to take a lot more tests.
               | 
               | I just assume it's easier to claim success than to
               | actually achieve it. I also took a few stat courses at
               | university, and saw problems with claims being made at
               | that time. So I opted to wait. Now I'm glad I did.
        
               | edmundsauto wrote:
               | It could easily be that unvaccinated people are more
               | likely to get a test when they have no symptoms but did
               | have an exposure, because they know C19 has worse
               | outcomes when unvaccinated.
               | 
               | Or, as you say - they are tested more often, routinely,
               | without symptoms or exposures because of their status.
               | 
               | I'd say both are more likely explanations than the
               | vaccine makes people more likely to contract covid, which
               | appears to be what you're suggesting.
        
               | dukeofdoom wrote:
               | Well except. Take two groups, A and B. If A tests more
               | often, then the accuracy of the results are more
               | accurate, because you have more data points confirming
               | the results and are more likely to count all the positive
               | cases during the 10 day window when someone might test
               | positive. This is not a trivial difference either. The
               | triple Vaccinated are 3 times more likely to test
               | positive now, according to the Walgreens results, despite
               | that group going in for testing at much lower rates.
               | 
               | Are there some circumstances under which we might see
               | this pattern, sure. But there are also some circumstances
               | on the other side of the argument like Marek's disease
               | that lead to the disease evolving to target the
               | vaccinated.
               | 
               | Anyway, we went from expert claims of vaccine being 98%
               | effective at preventing covid, to what now? hoping they
               | will get the same infection rate as the unvaccinated. You
               | have to admit the standards keep dropping.
               | 
               | Now this doesn't even consider the economic damage done
               | by the lockdowns. That same Walgreens is running out of
               | baby formula. It was a mainstream story just a day ago.
               | 
               | Also, Ontario is showing the same pattern. Though it over
               | counts the unvaccinated in all categories, by including
               | those that received a single dose, and those getting sick
               | within 14 days.
               | 
               | https://covid-19.ontario.ca/data?fbclid=1
        
               | vxNsr wrote:
               | > _Instead, "misinformation" is this kind of 1984-ish
               | weasel word used to discredit inconvenient facts while
               | maintaining plausible deniability when they turn out to
               | be correct._
               | 
               | This is so well stated I've saved it with attribution for
               | future reference and quoting.
               | 
               | You've hit the crux of the problem people today have with
               | society at large. It truly feels like we're living in the
               | on ramp to one of the dystopian novels from our youth,
               | 1984, the giver, etc. Large swaths of society see nothing
               | wrong with controlling people's thought.
        
             | detcader wrote:
             | "Humans are mammals, so they are mostly either male or
             | female" misinformation or opinion?
             | 
             | "Israel is an apartheid state, even one of its former
             | ministers said this" misinformation or opinion?
             | 
             | "Government-funded groups like Hasbara Fellowships and
             | CAMERA make up an operation to spread propaganda and
             | influence our elections" misinformation or opinion?
             | 
             | And who should decide one or the other? If you have the
             | names of any experts we should appoint at Twitter, Facebook
             | etc, it would be great to know.
        
               | judge2020 wrote:
               | Who decided depends on who you ask to propagate your
               | opinion. If they disagree with it they don't have to
               | restate what you say.
        
               | LegitShady wrote:
               | if opinions are decided to be misinformation and
               | censored, they don't get the opportunity to agree or
               | disagree. that's the whole point.
        
               | judge2020 wrote:
               | My point is that Twitter or Facebook or whoever can
               | exercise their own free speech to not propagate what you
               | say, whether that be for the reason of "misinformation"
               | or for the reason "contains the letter X".
        
         | civilized wrote:
         | > the vast majority of progress civilization has made has been
         | under conditions much more regulated in terms of which ideas
         | may propagate.
         | 
         | Lots of good things have happened in spite of bad conditions
         | that hampered progress. These bad conditions have often
         | revolved around a lack of freedom of expression, especially in
         | the modern era, where this has been extensively documented.
         | 
         | For example, there has historically been intense stigma for
         | expressing skepticism of the local religion, and scientists
         | have famously suffered for it. Should we bring that back as
         | well, since most progress has been made under such conditions?
         | 
         | If not, why? Do you like today's authorities better than those
         | of centuries past?
        
           | beowulfey wrote:
           | Aren't we already there? Just replace local religion with
           | local ideology/belief.
           | 
           | Edit: parent expanded their comment.
        
             | ianai wrote:
             | And isn't twitter really reinforcing that already? So the
             | sun rises and sets as it has for billions of years in the
             | past and will another billion at least.
        
               | beowulfey wrote:
               | Yup, Twitter is just another "locality" no different than
               | a town, state, or region. It has pockets of subgroups
               | with different beliefs and has an overarching majority
               | opinion. It is different only in the speed that
               | communication travels peer to peer (and maybe in its
               | size) but otherwise it is indeed the same shit that
               | humanity does and has done for millennia.
        
               | ianai wrote:
               | Only you get the benefit of a whole, new organization of
               | people to shame you into submission independent from your
               | already binding social organizations. How wonderful.
               | 
               | Edit-and I emphasize shame because the number of people
               | who agree with everybody on earth is vanishingly small.
               | Meanwhile, twitter does push your content to potentially
               | everybody on earth. And we know that the people most
               | likely to respond to content are those who disagree with
               | it.
        
               | beowulfey wrote:
               | Well, it is optional at least. Nobody forces us to use
               | it. I have one but barely look at it.
        
           | [deleted]
        
           | ignoramous wrote:
           | Well, their point is, allowing _all_ speech may aid in
           | spreading such stigma nationally, even if not globally. Local
           | pressures are at least contained.
        
             | civilized wrote:
             | I do not understand the eagerness to cede strong individual
             | rights of expression to faceless institutions. Do you
             | expect these institutions to be on your side? They will
             | happily shut you up, permanently, the moment they do not
             | like what you have to say.
        
               | ss108 wrote:
               | As the other poster said, our right to speech is not
               | something a corporation needs to abide by, it's something
               | the government needs to abide by (at least in the US).
               | 
               | I see your point below about basically that we should
               | have a more expansive view of the Right than the scope of
               | its actual legal application, and, while I think it has
               | merit, I ultimately think it's just a normative view that
               | most of us simply don't share.
               | 
               | If I don't like Twitter's policies, I won't use Twitter
               | (I already don't, and would be even less inclined if
               | someone like Musk owned it). Not to mention it's not
               | clear that Twitter is even censoring speech--there is
               | plenty of garbage on Twitter. The notion it's even an
               | example of censorship is laughable, actually.
        
               | civilized wrote:
               | Censored data presents a selection bias issue, but from
               | what I can tell, Twitter's censorship seems to have
               | little rhyme or reason. It is neither effective at
               | suppressing lies and propaganda, nor effective at
               | permitting reasonable discourse that falls afoul of some
               | mob's opinion.
               | 
               | They still have every right to do it, but I'd be more
               | interested in the merits of censorship if there was any
               | institution that seemed to be doing a half-decent job of
               | it.
        
               | jupp0r wrote:
               | There was never a right for your opinion to be published
               | on a particular platform, nor is this free speech.
        
               | civilized wrote:
               | I do not think that social media platforms should be
               | obligated to publish anything any individual wants
               | published on them, and I do not think they should be
               | legislated into a particular attitude toward speech. But
               | a permissive default attitude with limited restrictions
               | seems preferable to me, and such an attitude amounts to a
               | policy of free speech in a facially obvious sense.
        
           | cft wrote:
           | Modern local religion (at least in the US) is neomarxism, and
           | FAANG serves it on their platforms, duly suppressing opposing
           | speech.
        
             | yamazakiwi wrote:
             | You're getting downvoted because majority of the US is some
             | variation of Christian so it's bizarre to see someone state
             | that neo-marxism is as popular as you think it is.
        
             | toiletfuneral wrote:
        
             | ClumsyPilot wrote:
             | You have misspelt Neoliberalism
        
               | panick21_ wrote:
               | Neoliberalism as a term is something that the Left came
               | up with to describe all policies they don't like.
               | 
               | There was something called Neoliberalism in Europe but
               | doesn't really fit with what is called 'Neoliberalism'
               | became and was basically a term had very little use for
               | decade and was basically not used anymore by anybody.
               | 
               | Then the term 'neoliberalism' was used in a article used
               | to critic the Chile Coup and from there spiraled into a
               | everything that is not far left. Its really a critic of
               | the Far left against the Center Left and has from there
               | expanded to basically encompass everything.
               | 
               | Its a terrible term that the supposed neoliberals have
               | never actually used. But I guess is a great term if
               | leftist hang around with each other and try to prove how
               | smart they are. Anybody from the center left to the far
               | right is an evil neoliberal apparently.
               | 
               | Because if not then claiming that traditional
               | neoliberalism is the 'local religion' is crazy as you
               | could win a single election with classical neoliberal
               | ideas.
        
               | toiletfuneral wrote:
        
           | ss108 wrote:
           | > These bad conditions have often revolved around a lack of
           | freedom of expression, especially in the modern era, where
           | this has been extensively documented.
           | 
           | Yeah, I just don't think this is true. I think a lot of
           | progress has been agnostic in this sense--i.e., "free speech"
           | in the sense that modern advocates of the term use it had
           | nothing to do with, e.g., the invention of automobiles. Was
           | it the yellow journalism of the late 19th/early 20th century
           | that gave us any of the progress of those eras? It was
           | instead property rights and basic rule-of-law things.
           | 
           | > For example, there has historically been intense stigma for
           | expressing skepticism of the local religion, and scientists
           | have famously suffered for it.
           | 
           | Again, a problem that wasn't solved via allowing every
           | grandmother to be exposed to and propagate conspiracy
           | theories; if anything, one might argue, those biases might
           | have been continually reinforced if everyone had their say.
           | Query whether the kinds of people who have brought about the
           | positive changes to which you allude were analogous to Fauci
           | or whether they were analogous to Breitbart.
        
             | civilized wrote:
             | This argument always revolves around whether the authority
             | with the power to restrict speech can be trusted not to
             | abuse that power. I don't think the state can be trusted to
             | decide what is propaganda and what is a conspiracy theory.
             | 
             | Historically, states have been the foremost perpetrators of
             | propaganda and conspiracy theories. Democracies are not
             | immune. See the propaganda efforts surrounding the Vietnam
             | and Iraq wars, just the top of a very long list. The
             | protest movements against these wars were so powerful and
             | inspirational because the state had so little power to
             | suppress them. Similar movements in Russia and China
             | essentially do not and can not exist.
             | 
             | State power is a ratchet. Limits on state power, once
             | removed, do not come back. Every power we give to the state
             | today will be used against us decades from now, in an
             | utterly different context, with utterly different people in
             | charge. Giving away limits only makes sense to stave off
             | imminent demise, which, panicked op-eds aside, is not what
             | we face today.
             | 
             | I mostly agree with the people who currently have the most
             | power to censor speech. My interests and viewpoints would
             | be advanced by increased state censorship. But I am still
             | against it for the reasons above.
             | 
             | I'm more okay with private companies deciding these things,
             | because other private companies can do things differently.
             | They do not have the monopoly on power that the state does.
             | I think a cultural norm favoring free speech should apply,
             | but it's reasonable for platforms to apply judgment to set
             | more limits.
        
               | ss108 wrote:
               | I feel like this contrasts with what I thought your
               | position was based on your previous posts. As far as this
               | particular post goes, I'm not sure I really disagree with
               | you lol
               | 
               | From your previous posts, I thought you were not okay at
               | all with private companies regulating speech on their
               | platforms.
        
               | civilized wrote:
               | My initial position was that censorship has historically
               | been mostly bad. My more fully explained position is that
               | censorship is bad enough that we should not let the state
               | censor, but not bad (or good) enough that the state
               | should interfere in the publication of speech by private
               | media platforms.
               | 
               | I guess this is why the best opinion-havers write essays
               | instead of hot takes in the comment section.
        
         | abduhl wrote:
         | >> We've never had a situation where fake news can and does
         | spread the way it does today, where authorities are being
         | undermined like this and casually dismissed by people with no
         | knowledge of the respective fields, etc. ... The notion that
         | all speech should be allowed actually seems stupid to me on its
         | face, the more that I consider it.
         | 
         | Seeing this come from someone in the legal profession is deeply
         | concerning, although I guess I shouldn't be surprised that a
         | "Biglaw first year" is in favor of restrictions on speech that
         | would elevate their corporate clients' interests over the
         | public's.
         | 
         | It's important to understand history here, which you obviously
         | do not. The Gutenberg press took the power of knowledge
         | transfer from a small group of people (the church) and gave it
         | to the larger public as a whole. You would argue that this did
         | not accomplish as much as the internet has because people were
         | still illiterate and writers still had to find a publisher;
         | however, you are arguing quantum (erroneously, as well) rather
         | than kind and so we should actually look at the quantum of
         | change the internet has wrought. To do this we need to fast
         | forward from the 15th century to the 20th and examine another
         | technology that caused a fundamental change in the spread of
         | information: radio.
         | 
         | Radio blew away your literacy barriers, and the early history
         | of radio establishes that (prior to FCC regulations) nearly
         | anybody could start their own local radio station. "Fake news"
         | and anti-authority speech was rampant in the early days of the
         | radio. There are numerous books on the subject and the
         | government's attempts to rein in this speech, you can find most
         | of them by googling the phrase "Radio Right." Along comes TV,
         | and sensationalism grows along with people's access to
         | information.
         | 
         | Now we can accurately compare quantum. Did the internet bring
         | about as large a change in conditions as the Gutenberg press?
         | That answer is not so clear cut as you have argued elsewhere
         | here. The Gutenberg press took from the privileged few and gave
         | to a much larger class of people. The internet took from a
         | larger privileged few (radio and television) and gave to a much
         | larger class of people. However, similar to the Gutenberg
         | press's problems with literacy and access to a publisher, the
         | internet's impact is diminished by its own barriers: access to
         | the internet at all, access to electricity, and literacy
         | (English is not the world's language, after all).
         | 
         | The history of mass communication is not as black and white as
         | you seem to suggest, and it is certainly not as barren of
         | important movements forward. Where we are today is just the end
         | of a long, slow march towards giving the public more free
         | speech and access to information, a march which has been
         | subverted and fought by governments every step of the way. The
         | government's primary way of fighting this has historically been
         | the "rule of law" that you so passionately advance as the
         | reason for our current situation, but you could not be more off
         | the mark. The rule of law is malleable and its use changes as
         | populism waxes and wanes. I urge you to become more educated on
         | the history of mass communication.
        
           | ss108 wrote:
           | "Seeing this come from someone in the legal profession is
           | deeply concerning, although I guess I shouldn't be surprised
           | that a "Biglaw first year" is in favor of restrictions on
           | speech that would elevate their corporate clients' interests
           | over the public's."
           | 
           | Pretty dumb ad hominem, and demonstrates you know few young
           | lawyers (lawyers on the whole tend to actually be pretty
           | left, and young lawyers in biglaw tend often to be pretty
           | far-left compared to the general population). The
           | corporations are not too harmed either way, in any event, at
           | least far as I can tell.
           | 
           | Personally, one of my main motivations to go to law school
           | was to sort of shore up the center. I wasn't surprised people
           | were stupid enough to vote for Trump, but I came to realize
           | that this stupidity and the often blind hatred for "the
           | establishment" on both political fringes posed an actual
           | threat to society. My classmates/peers tend to be more
           | staunchly on the progressive side of things.
           | 
           | Even conceding you know more about the history of mass
           | communication than I do, I don't see how what you're saying
           | supports either side of this. But this is useful context, so
           | thanks, I'm happy to be corrected (see this is actually good
           | speech because you're lending knowledge to the situation).
        
             | abduhl wrote:
             | That isn't an ad hominem. I haven't attacked your position
             | because of your obvious conflict of interest, I've merely
             | pointed it out. I didn't say, "This person is a corporate
             | shill and so you shouldn't listen to them about free
             | speech!" I said, "It makes sense that you would be in favor
             | of restrictions on speech that benefit your clients." I'm
             | not casting doubt on your argument because of your bias. In
             | fact, I attack your position's substance head on by
             | providing actual historic context.
             | 
             | I could not be further from an ad hominem if I tried.
             | 
             | And I'm well aware of the supposed leftist slant of younger
             | biglaw lawyers. I just don't acknowledge it as a true value
             | they hold. Actions speak louder than words, and biglaw on
             | the whole works against liberal values.
        
         | johnthewise wrote:
        
         | mrfusion wrote:
         | > We've never had a situation where fake news can and does
         | spread the way it does today, where authorities are being
         | undermined like this and casually dismissed by people with no
         | knowledge of the respective fields, etc.
         | 
         | If authorities were never "undermined" you would still be
         | drinking cocaine, giving your kids cough syrup laced with
         | heroin, spraying people with DDT, and also smoking the
         | cigarette brand your doctor recommended.
        
           | onion2k wrote:
           | _If authorities were never "undermined" you would still be
           | drinking cocaine, giving your kids cough syrup laced with
           | heroin, spraying people with DDT, and also smoking the
           | cigarette brand your doctor recommended._
           | 
           | But what would the downsides be?
        
           | ceejayoz wrote:
           | Huh? The authorities are the ones who stopped each of those.
           | With regulation.
        
             | breakfastduck wrote:
             | If you're taking literally the most surface level view
             | possible, then sure.
             | 
             | But it doesn't at all reflect the actual realities of what
             | led up to that happening.
        
               | JumpCrisscross wrote:
               | This might be confusion over the word "authority," with
               | one including journalists and the other not.
        
             | ekianjo wrote:
             | Lol they fought tooth and nail against any change for a
             | long time. Look at oxycontin in the US and how the FDA was
             | complicit for like 20 years.
        
             | themitigating wrote:
             | Because the public was informed by the news. However, now
             | that some are demonizing the the media or "The Main Stream
             | Media" people trust it less.
             | 
             | This was properly done to prevent the public from being
             | informed about bad actors.
        
               | samstave wrote:
               | > _the public was informed by the news_
               | 
               | --- inform (v.)
               | 
               | early 14c., "to train or instruct in some specific
               | subject," from Old French informer, enformer "instruct,
               | teach" (13c.) and directly from Latin informare "to
               | shape, give form to, delineate," figuratively "train,
               | instruct, educate," from in- "into" (from PIE root *en
               | "in") + formare "to form, shape," from forma "form" (see
               | form (n.)). In early use also enform until c. 1600. Sense
               | of "report facts or news, communicate information to"
               | first recorded late 14c. Related: Informed; informing.
        
               | themitigating wrote:
               | Can you please state your argument along with pasting the
               | definition? I dont
        
               | themitigating wrote:
               | Can you please state your argument along with pasting the
               | definition?
        
           | suction wrote:
           | But what if authorities would never have been believed? If
           | everyone just dumped their trash into the countryside, drove
           | 120 mph in cities, gave a damn about building codes or safety
           | measures?
        
         | disambiguation wrote:
         | > The notion that all speech should be allowed actually seems
         | stupid to me on its face, the more that I consider it.
         | 
         | I couldn't agree more. I motion that we ban your speech
         | immediately from this moment forward ;)
         | 
         | Kidding aside, you've set up a false dichotomy. While absolute
         | free speech itself (holocaust denial, etc.) is absurd, history
         | shows that you can either have absolute free speech or you have
         | censor authorities abusing their powers for political gains. In
         | the real world those are your only two options.
        
           | wmeredith wrote:
           | You've set up your own false dichotomy, and have done it in
           | literally the next sentence after accusing someone else of
           | doing the same. Amazing.
           | 
           | The situation is nuanced. It's not black and white-it's not
           | easy. There is some balance to be struck on free speech. Some
           | speech should be protected (dissent against the government),
           | some should be forbidden (inciting a riot), and it's a thorny
           | ever evolving problem to figure out what exactly defines
           | those terms.
        
             | robertlagrant wrote:
             | You have not demonstrated a false dichotomy. Even inciting
             | a riot doesn't have to be forbidden. Rioting itself is the
             | problem, not talking about rioting.
             | 
             | We may decide it's better to not allow rioting speech, but
             | that doesn't make it a false dichotomy.
        
               | DaltonCoffee wrote:
               | I think he means this bit:
               | 
               | >you can either have ... In the real world those are your
               | only two options
        
             | cwkoss wrote:
             | That wont work. Any time there is a riot, the government
             | can claim it was incited by the dissenters they wished they
             | could prosecute directly.
        
             | spiderice wrote:
             | I'm not sure it is a _false_ dichotomy though. GP is
             | basically saying there are two options.
             | 
             | 1. Absolute free speech
             | 
             | 2. People who have the power to censor, and abuse it
             | 
             | You're basically just adding a third option
             | 
             | 3. People who have the power to censor, and don't abuse it.
             | 
             | I think many people would argue that #3 is impossible, and
             | an unachievable ideal. At the very least, nobody is ever
             | going to be able to agree that power isn't being abused in
             | #3. In which case, GP's original 2 options are not a false
             | dichotomy, and are simply the reality of the situation.
             | 
             | edit: formatting
        
               | ss108 wrote:
               | Wouldn't the very situation of a platform like Twitter
               | censoring or moderating the speech on the platform
               | represent a kind of middle-ground?
               | 
               | It's a private company, and one can start another one
               | that caters to a different crowd (see Parler or w/e). The
               | government is in no position to stop that, and nobody in
               | this thread is arguing they be given such power.
               | 
               | As far as truly public spaces go, the law still allows
               | all speech. Government can't stop someone from voicing
               | their opinion at a public meeting based on content, etc.
               | Even if it's Covid misinformation or something.
        
           | PaulDavisThe1st wrote:
           | > In the real world those are your only two options.
           | 
           | This is completely ahistorical. For most of human history,
           | across time and space, the reality on the ground has been
           | some mixture of free speech and some limits on speech.
           | 
           | Of course, if you're an absolutist who insists that if there
           | is ANY limit on speech, then there is _no_ freedom of speech,
           | then sure, there 's only two choices. Very, very few humans
           | that have ever lived view the world in this way.
        
           | causi wrote:
           | I think it's very strange that I see the same people
           | defending one person's right to advise a present murderous
           | regime on how to use cryptocurrency to get around sanctions
           | and then advocate for jailing other people for voicing dumb
           | opinions about historical murderous regimes.
        
           | [deleted]
        
           | beaconstudios wrote:
           | It's not quite that simple - not only can absolute free
           | speech be absurd (a condition I don't really care about to be
           | honest, untruth will always be prevalent), but it can be
           | actively dangerous: free speech can include terrorist
           | radicalisation, trying to convince people to join perform
           | suicide bombings or shoot up churches. Much of the far right
           | radicalisation in recent years has occurred in Internet
           | forums.
           | 
           | That's not to say that the answer is obvious, but the current
           | setup that we have where only the most egregious speech and
           | harassment is explicitly banned and social norms are enforced
           | by social pressure seems to work. I think a lot of people
           | advocating for free speech are ambiguous as to whether
           | they're arguing against explicit censorship or against social
           | pressure, which can obscure the conversation.
        
             | cwkoss wrote:
             | "Terrorist radicalization" is a nonsense buzzword
             | cultivated by warmongers and governments trying to
             | manufacture consent for oppression.
             | 
             | Terrorists are radicalized by material conditions, the
             | speech that is claimed to radicalize them is part of the
             | process but it is not causal. Western imperialism created
             | ISIS, not a handful of bloggers who are mad about it.
             | 
             | Do you think if you read ISIS propaganda you'd feel
             | compelled to join, or is the speech itself not the primary
             | factor in radicalization?
        
         | HeckFeck wrote:
         | > The notion that all speech should be allowed actually seems
         | stupid to me on its face, the more that I consider it.
         | 
         | Who will decide which speech will be forbidden, and on what
         | basis will the decision be made? How accountable will this
         | person or body be, and to whom? Will it work transparently or
         | in secret?
         | 
         | How will it enforce its decisions? Who will be bound by them?
         | What punishment will be appropriate for those who utter
         | forbidden words?
         | 
         | The praciticalities of censorship-enforcement are as
         | nightmarish as the "ethical" arguments for it.
        
         | pmontra wrote:
         | All speech must be allowed. The problem to solve is the scale
         | and speed of diffusion.
         | 
         | Most speech used to be confined into the room it was spoken or
         | into a circle of friends. Damage was limited. Now everybody can
         | chat with everybody else. The damage can bring down countries
         | in a few years.
        
           | themitigating wrote:
           | If you slow the speed or scale isn't that just censorship?
        
           | jumpkick wrote:
           | It's a common talking point in the US that the second
           | amendment was written in a time when the most powerful guns
           | were rifles that shot balls which took tens of seconds, at
           | best, to reload. That the authors of the right to bear arms
           | weren't thinking about automatic handguns and that the
           | amendment can't apply to today because of modern weaponry.
           | 
           | Maybe that's the same for the first amendment too: it was
           | written for a different time, with the technology of the time
           | in mind, and so it can't apply now.
        
             | ss108 wrote:
             | It's funny, because a lot of the arguments in this thread
             | in favor of maximal free speech use the example of past
             | religious suppression and orthodoxy as support, and they
             | act like they are on the side of the bloody Enlightenment,
             | piercing the darkness of ignorant r3ligionz, but if you
             | disagree with the rules set by the constitution on speech
             | or guns[0], they want to cling to that text as it was
             | written in the 18th century _religiously_ , the same way a
             | fundamentalist Muslim doesn't want to alter anything in the
             | religion despite societal changes that have occurred since
             | the 7th century (using this example because I'm Muslim, not
             | because I'm a bigot who wants to pick on Muslims).
             | 
             | [0] Legally, it's debatable whether the 2nd Amd applied to
             | the bearing of arms for personal use, but we can go by the
             | law on the books right now, and I think that the ship has
             | sailed anyways
        
           | ss108 wrote:
           | I get what you're trying to say, but a) I just don't see a
           | strong case for why the fundamental proposition that it all
           | must be allowed is something we should all hold; b) I don't
           | think, even given/assuming the desirability of allowing all
           | speech, the tension you allude to is resolvable.
        
         | jumpman500 wrote:
         | > Pursuant to the last major thread on the topic, I was
         | thinking further about it, and realized that the vast majority
         | of progress civilization has made has been under conditions
         | much more regulated in terms of which ideas may propagate.
         | We've never had a situation where fake news can and does spread
         | the way it does today, where authorities are being undermined
         | like this and casually dismissed by people with no knowledge of
         | the respective fields, etc.
         | 
         | I don't think you have evidence to support this either. Really
         | hard to say when progress in a civilization happens, and how it
         | would be different if norms were different.
         | 
         | Just because historically speech has been controlled doesn't
         | mean anything. Slavery also was well accepted and "progressed"
         | civilization, but most people don't want slavery in the modern
         | world.
        
           | ss108 wrote:
           | I think you made a good point; to me the result is that we
           | have to work off of where we are now and we are going, in the
           | contemporary moment. And to me, that establishes even further
           | that, at minimum, big platforms should be allowed and
           | encouraged to moderate speech. The reason I say it
           | strengthens that position is because a lot of the historical
           | arguments fall away, leaving us with a world where free
           | speech and the internet have permitted things like QAnon and
           | anti-vaxxers to flourish.
        
         | ianai wrote:
         | Hey maybe he'll finally reveal his true nature in an
         | irrefutable way and society can progress a little.
        
           | nkozyra wrote:
           | Never revealing his "true nature" has been a critical part of
           | his myth building - people tend to fill in the blanks and
           | mold the idea of Elon Musk into their ideal.
        
             | suction wrote:
        
               | SV_BubbleTime wrote:
               | How much time have you spent in South Africa?
               | 
               | When I was there I never talked to a single British or
               | Afrikaans that I would ever describe as white
               | supremacist, or even racist. Everyone of them at some
               | point voted ANC, mostly in Mandela's time.
               | 
               | However, going through Durban, I saw the dead remains of
               | Namibian immigrants who were just necklaced in a almost
               | 100% black area. Almost all the murder or violence there
               | is white aggressors. I was forced out of Escort one day
               | for being white. And our car was attacked by bottles and
               | rocks in Mooi River, very presumably because we were the
               | only white people around, although I didn't ask
               | specifically.
               | 
               | Slandering someone you don't know as white supremacist
               | because they are a South African white, is really messed
               | up.
        
               | SV_BubbleTime wrote:
               | Can't edit.
               | 
               | Almost none of the violence in Durban was white
               | aggressors.
        
               | lurker619 wrote:
               | The previous VP engg of twitter was also a white guy from
               | south africa. (mike montano)
        
               | mwint wrote:
               | So you're assuming his motives based on his skin color?
               | There's a word for that.
        
               | JaimeThompson wrote:
               | We can assume his motives by making note of his actions
               | and comparing how well they match up to his words.
               | 
               | Often his actions are directly opposite of his words.
        
               | ianai wrote:
               | Is there much of a difference?
        
           | WA wrote:
           | No, because he did already plenty of times and there are
           | still a lot of fanboys.
        
             | mschuster91 wrote:
             | The problem is that Musk has _legitimately_ advanced
             | society in a number of ways with each of his adventures. He
             | is a ... very complex person to put it lightly, and even
             | for his legitimate issues and scandals he caused (e.g.
             | blatant ignorance of SEC regulations or calling a rescue
             | diver a pedophile), he still has the achievements on his
             | "good side".
        
               | JaimeThompson wrote:
               | Musk with a lot of help of others and a lot of government
               | subsidies you mean. The same subsidies he now things
               | aren't needed, that others don't need subsidies because
               | he doesn't need them anymore. Note this is based on his
               | public comments, not his actual actions as his actions
               | show he still loves subsides.
               | 
               | I suggest that someone who can spend 40 billion of a
               | social media platform doesn't need taxpayers to give him
               | quite as much assistance as he gets.
        
               | kylecordes wrote:
               | I think these two aspects are inexorably intertwined, the
               | same personality trait.
               | 
               | On the plus side, you get first principles thinking, bull
               | in a china shop unstoppability. You get important
               | progress in rocket technology (reuse and radically lower
               | cost per kg delivered). You get electric vehicles that
               | people want to buy, at scale, after decades of slow
               | walking by the rest of the industry.
               | 
               | On the minus side, you get the naive notion that Twitter
               | could be made radically more "free" without turning into
               | a cesspool that loses the bulk of its mainstream
               | audience.
        
             | ianai wrote:
             | Yeah. Tangentially, I wonder if free speech absolutism can
             | only hold so long as shame still exists in wide enough
             | numbers. Psychopaths occur probably too frequently...
        
           | licebmi__at__ wrote:
           | If sending a car to space out of spite didn't reveal his true
           | nature to his followers, I'm not sure what will.
        
             | panick21_ wrote:
             | > out of spite
             | 
             | What are you even talking about?
             | 
             | The car was just a mass simulator. They had to pick
             | something, why not make it something fun?
        
         | playpause wrote:
         | Free speech absolutism doesn't mean you can get away with any
         | crime just because it _involved_ you saying something.
         | 
         | Even free speech absolutists agree that falsely yelling "Fire!"
         | in a crowded theatre in order to cause a fatal stampede is (and
         | should be) a criminal act. But the crime is not the utterance
         | of the word. You could commit the same crime by setting off a
         | fire alarm. In either case, the crime is in the _action_ of
         | tricking a group of people into stampeding.
         | 
         | Similarly, impersonating a police officer is illegal. You could
         | do this by lying (telling a gullible person that you are a
         | police officer), or by wearing a police uniform in public. The
         | criminal _action_ is tricking people into thinking you 're a
         | police officer, whether you do it with lies or clothes. Lying
         | itself is not illegal, but a lie may constitute an _action_
         | that is criminal.
        
           | garaetjjte wrote:
           | >Even free speech absolutists agree that falsely yelling
           | "Fire!" in a crowded theatre
           | 
           | I would really want this stop being quoted so often, because
           | the context in which it was originally used didn't advocate
           | free speech at all.
        
             | oceanplexian wrote:
             | It's also logically inconsistent. Of course you want people
             | to have the freedom to yell fire in a crowded theater. What
             | if there was a fire??
        
               | playpause wrote:
               | I said _falsely_ yelling fire
        
           | timeon wrote:
           | > Even free speech absolutists agree that falsely yelling
           | "Fire!" in a crowded theatre in order to cause a fatal
           | stampede is (and should be) a criminal act.
           | 
           | Then they are not really 'absolutists'. Either you are free
           | to speak or not. If you are considering something as criminal
           | act and some other not then you are not 'free speech
           | absolutists'. Words can have consequences yes, but you are
           | here just arbitrary choosing which one can and which one can
           | not have consequences.
        
             | joering2 wrote:
             | Bravo! He absolutely fell into his own trap! An this is why
             | free speech is a complicated issue. And besides - one
             | person would say "you get people to stampede", meanwhile
             | the perpetrator will say "that's only your opinion, I'm a
             | comedian, here is my Youtube Jackass channel where I do
             | things like that all the time and my intention is never to
             | hurt anyone!". How you gonna prove if he's genuine or not?
             | Jury that has their own opinion? And what if he really IS
             | genuine in just being a stupid joker? Okay, so now you
             | gonna tell him "you cannot say that!". Then we back to
             | square one - controlling free speech.
        
             | f38zf5vdt wrote:
             | In what point in time or space has a human had the ability
             | to communicate all of their ideas and not have consequences
             | from them? There has never been a time in history in the
             | United States where you could say or publish absolutely
             | anything you wanted and were immediately absolved of all
             | responsibility, government or otherwise, by invoking the
             | first amendment. The US obscenity law still exists on the
             | books today. [1]
             | 
             | [1]
             | https://en.wikipedia.org/wiki/United_States_obscenity_law
        
               | jesusofnazarath wrote:
        
             | Spooky23 wrote:
             | That's why democracy and actual meaningful exchange of
             | ideas is important.
             | 
             | When you allow human discourse to be reduced to Id driven
             | animal urges, democracy doesn't function well.
        
               | dougmany wrote:
               | Funny that Musk is famous for catering to those human
               | urges. Fast car! Big rocket! He even talks about
               | rewarding limbic impulses and I am convinced that is why
               | he is so successful.
        
             | cloutchaser wrote:
             | This is a ridiculous twisting of what people are talking
             | about, with no nuance, which life has. It's not just 0 or
             | 1.
             | 
             | There are very clear rules that have been worked out in the
             | legal system for what constitutes incitement to violence
             | for example. It has to be actual call to cause physical
             | violence, right where violence might happen, soon or
             | immediately. If you are standing outside a house yelling
             | burn it down, that is incitement. Yelling burn down the
             | capitalist system on Twitter is not incitement, because it
             | is not direct and it's not immediate.
             | 
             | What many silicon valley techies have now done is move
             | things beyond the legal system, which has worked reasonably
             | well for decades, and thought that they can create a better
             | system. Except it seems in practice this is much more
             | difficult than it seems. Posting pictures of the severed
             | head of Trump seems fine them with them (legally, I think
             | this is ok anyway), but posting a satire article of a
             | transgender woman military officer is not, and gets your
             | silenced. Oh, and let's just block the legitimate story of
             | the president's son's laptop.
             | 
             | In a way this is an extremely arrogant and elitist way of
             | acting, you are saying you are going to create a better
             | legal system than the evolving common law one we've used
             | for a very long time.
             | 
             | It's also pretty obvious in the last 5 years that this
             | leads to all sorts of conflicts of interest, and Silicon
             | Valley elites really don't seem to be doing a fair job.
             | Surprise suprise, what legal experts and judges have
             | refined over decades works better.
        
             | chomp wrote:
             | John Stuart Mill is considered an absolutist and he
             | invented the harm principal.
             | 
             | This is because shouting "Fire!" in a crowded theater is
             | not a free exchange of ideas, it's enticement of injury.
             | 
             | Here's the gist of it: "Mill argued that even any arguments
             | which are used in justifying murder or rebellion against
             | the government shouldn't be politically suppressed or
             | socially persecuted. According to him, if rebellion is
             | really necessary, people should rebel; if murder is truly
             | proper, it should be allowed. However, the way to express
             | those arguments should be a public speech or writing, not
             | in a way that causes actual harm to others. Such is the
             | harm principle: "That the only purpose for which power can
             | be rightfully exercised over any member of a civilised
             | community, against his will, is to prevent harm to
             | others.""
        
               | ashtonbaker wrote:
               | A lot of potentially harmful political speech on social
               | media seems to avoid actual incitement, though. If there
               | is a kind of speech such that the intent is to cause
               | harm, and the effect is to cause harm, but its form
               | allows it to be categorized as "free exchange of ideas",
               | I'm not sure how I can support this kind of view.
        
               | chomp wrote:
               | Oh for sure, but I think you and Mill might not be too
               | far off:
               | 
               | "The example Mill uses is in reference to corn dealers:
               | he suggests that it is acceptable to claim that corn
               | dealers starve the poor if such a view is expressed in
               | print. It is not acceptable to make such statements to an
               | angry mob, ready to explode, that has gathered outside
               | the house of the corn dealer. The difference between the
               | two is that the latter is an expression "such as to
               | constitute...a positive instigation to some mischievous
               | act," namely, to place the rights, and possibly the life,
               | of the corn dealer in danger."
               | 
               | I just don't think philosophers back then realized our
               | society was going to become so polarized, with global
               | reach. His views do presuppose a progressive society to
               | be able to host this speech, so it's possible we're no
               | longer a progressive society. (re: more and more
               | "opinion" speech winding up being harmful to others, both
               | left wing overzealousness, and right wing opinions
               | inciting harm)
        
               | ashtonbaker wrote:
               | Yeah, I think we're not too far off in principle, you
               | rightly guess that the key difference for me is how
               | society has changed since that time.
               | 
               | Now, you can make these kinds of claims about the corn
               | dealer on television, on twitter, in dark-money facebook
               | ads, to angry mobs gathered anywhere but the corn
               | dealer's house, all while knowing that online forums are
               | circulating rumors of the corn dealer running a
               | pedophilia ring, and still be afforded plausible
               | deniability when violence results.
               | 
               | I don't have a solution, because if the corn dealer _is_
               | starving the poor, we should be able to discuss that
               | openly, and I don't think I want to give the State the
               | power to make such a discernment, because it would be too
               | easy to abuse.
        
               | sgc wrote:
               | Mill is wrong. because he ignores the extremely strong
               | negative effects of sustained disinformation campaigns,
               | and immediate and obvious harm should not be the bar.
               | Society could never handle that, it just thought it
               | could.
               | 
               | Such an attempt to force feed any and all uninformed or
               | malicious opinions down society's proverbial throat,
               | plays right into the hand of the very active
               | disinformation campaigns that are quite actively
               | reshaping politics and opinion in countries around the
               | world.
               | 
               | And an un-nuanced promotion of supposed 'free speech' in
               | the context of such clear and widespread societal harm
               | that is currently occurring, including as the backdrop
               | for real wars with people dying, does not at all resemble
               | a sincere effort at improving the state of affairs. At
               | all. It frankly stinks of yet another billionaire
               | attempting to make sure this simple, malicious, gaming of
               | public opinion remains easy in the near future.
        
               | 52-6F-62 wrote:
               | It makes sense, but how can you possibly reconcile that
               | with reality.
               | 
               | Reality is much more complex. The effects that have been
               | sought through the manipulation of "free speech" on
               | platforms like Twitter are so dangerous because they are
               | insidious. They are insidious because they are matrix,
               | they are not linear (like "go kill that guy"). The bad
               | actors seek to leverage it to gradually sway opinion into
               | such a state that everyone is shouting exactly what they
               | want them to shout.
               | 
               | This isn't arcane knowledge anymore, it's been the
               | subject of expose after expose over the past decade.
               | 
               | Those kinds of effects weren't possible at scale over
               | other forms of communication. It's the immediacy and the
               | context-less nature of the communications that enables
               | them.
               | 
               | Applying Mill's argument here is like trying to apply
               | Earth's physical constraints to actions on the moon.
               | 
               | The rules governing those platforms aren't perfect, but
               | they're like a gardener spotting new weed growth and
               | clipping it off.
               | 
               | If you want freedom, it was _never_ in Jack Dorsey 's (or
               | now Elon's) garden, man. (or, What freedom was there ever
               | in the courts of kings?)
        
               | n4r9 wrote:
               | I believe that labelling people as absolutist confuses
               | the issue. JSM advocated liberty up to the point of
               | harming others. Almost everyone in the Western world
               | agrees with this as stated. The differences lie in the
               | vagueness of defining "harm". I don't think JSM defined
               | it explicitly. For some people, harm means physical
               | bodily harm. For others, social triggers legitimately
               | count as harm.
        
               | overrun11 wrote:
               | If you include social triggers as harm then free speech
               | becomes meaningless. Only the most vapid and inane speech
               | would be protected under such a definition. The reason
               | speech needs protection is because there will always be
               | some group wanting it suppressed because they believe it
               | will cause harm.
        
               | n4r9 wrote:
               | Fine, I don't disagree. Either way "harm" needs to be
               | defined before the boundaries of free speech can be
               | delineated.
        
               | dhzhzjsbevs wrote:
               | I love how you claim the word harm is vague and hard to
               | define in one sentence then apply bias to your definition
               | claiming only your view as legitimate.
               | 
               | Maybe harm isn't hard to define? Maybe you people just
               | keep making shit up?
        
               | n4r9 wrote:
               | I didn't claim anything is legitimate, I said that there
               | are people who consider that a legitimate view.
        
               | LegitShady wrote:
               | being offended isn't being harmed. People who want to
               | control others who offend them claim they're being
               | harmed, when they're just offended. Allowing those people
               | veto powers on others speech is antithetical to freedom.
        
               | ss108 wrote:
               | Wouldn't defining "harm" that narrowly mean defining
               | "harm" for a lot of people in a 1984 way? Why should your
               | definition of "harm" supersede theirs?
               | 
               | (Mostly rhetorical; I don't necessarily disagree with you
               | on this, but I think your take is callous and ignores an
               | inherent contradiction of free speech maximalists).
        
               | LegitShady wrote:
               | your take on harm harms me, change or be guilty of
               | harming others...(j/k)
               | 
               | your take is essentially an endless take of "why
               | shouldn't we include offending as harm" and the answer is
               | because its not harm. Or we can just proclaim other
               | people's opinions I don't like as harm and stand in a
               | circular firing squad, which is what society seems to be
               | doing now.
        
               | guerrilla wrote:
               | > the way to express those arguments should be a public
               | speech or writing, not in a way that causes actual harm
               | to others
               | 
               | The assumption here is that expressing those arguments as
               | public speech or writing does not cause harm. I think
               | this is wrong. Arguing for extermination of the Jews did,
               | in fact, cause harm. Bullying someone into suicide does,
               | in fact, cause harm. Spreading propaganda can, in fact,
               | cause harm.
        
               | mbreese wrote:
               | _> This is because shouting "Fire!" in a crowded theater
               | is not a free exchange of ideas, it's enticement of
               | injury._
               | 
               | Many people who say they are free speech absolutists
               | aren't exactly known for appreciating this nuance. Hence
               | why every open forum ultimately degrades into anarchy.
               | I'm not saying an absolutely open forum couldn't survive
               | (let alone thrive), I'm just saying we haven't seen one
               | yet.
               | 
               |  _> the way to express those arguments should be a public
               | speech or writing_
               | 
               | When we have a society that actively ignores expert
               | opinions, it makes it hard to take arguments for absolute
               | free speech seriously. And online forums tend to not
               | appreciate "quality" arguments over high-volume
               | "quantity" one-liner rebuttals. Online forums tend to see
               | users eventually switch over to mob mentalities, where
               | normal rules of argument and civil discourse don't hold
               | any weight. You can reason with a person. You can't
               | reason with a mob. This is why online speech, absolute or
               | not, is such a tough problem.
               | 
               | I guess my take is that this is an issue of theory vs
               | practice.
        
           | rpmisms wrote:
           | Free speech absolutism, to me, means that the speech cannot
           | be punished, but if the speech causes direct and immediate
           | harm to others, you can be held accountable. Shouting "Fire"
           | in a crowded theater is fine, but if there's a stampede and
           | someone dies, you can be held liable at some level. I think
           | that's a reasonable balance between zero suppression of
           | speech and consequences for actions.
        
         | zosima wrote:
         | Well, we have seen how authoritarian repression of alternative
         | viewpoints turned out, with the imprisonment of Galileo,
         | execution of Thomas More, horrors of Stalin and Hitler and too
         | many more to mention.
         | 
         | And we have seen what immense improvements of the conditions of
         | man came through a free society like the founding of USA, with
         | freedom of speech and eventual total abolishment of slavery.
         | (Slavery, which up to then more-or-less had been part of the
         | vast majority of civilizations, from Asia to Africa, to
         | America, to Europe).
         | 
         | And now you argue to run that experiment again, just to be
         | sure?
        
           | ss108 wrote:
           | The US wasn't like this in terms of free speech right off the
           | bat (in both legal and cultural terms), and your historical
           | analogies aren't well-supported. Stalin was able to kill a
           | lot of people due to, inter alia, a lack of what we could
           | term "the rule-of-law", and he did it in part to direct as
           | many resources as possible towards industrialization. Hitler
           | is a demagogue who arguably took advantage of a situation
           | where anyone _could_ say almost anything, and where faith in
           | more standard institutions was low.
           | 
           | Nobody is advocating for actually _punishing_ people based on
           | what they say, let alone in as dire a manner as execution, so
           | the examples of Galileo and Moore are irrelevant.
        
           | pgcj_poster wrote:
           | The United States abolished slavery later than most other
           | Western countries, including the British Empire, and at its
           | founding was "free" only for a minority of white, land-owning
           | males. While the Bill of Rights protected local elites from
           | dictates of the federal government, it was not applied to
           | state governments until the 20th century. State-level
           | blasphemy laws were applied up until the 1930s: https://en.wi
           | kipedia.org/wiki/Blasphemy_law_in_the_United_St....
           | Additionally, free speech was applied highly unevenly
           | throughout the 20th century. The 1960-70s liberation
           | movements that gave us most of our substantive freedoms were
           | fought viciously by the US government, with methods that went
           | as far as assassination:
           | https://en.wikipedia.org/wiki/COINTELPRO.
           | 
           | This, however, is not particularly relevant to content
           | moderation on websites.
        
           | themitigating wrote:
           | Isn't that more about authoritarian governments? Hitler was
           | elected and wrote down with he thought in a book.
        
         | caeril wrote:
         | > the vast majority of progress civilization has made
         | 
         | You know for such a scientifically-minded group as HN, we sure
         | seem to embrace Whig History as if it's _axiomatic_ that the
         | progress we 've made thus far is some sort of global maxima.
         | 
         | We don't have a control group timeline. We don't know the type
         | and speed with which we'd have made different progress under
         | different intellectual or social regimes.
         | 
         | There is absolutely NO reason to believe that the path we've
         | taken has led us to the Best Of All Possible Worlds.
        
           | ss108 wrote:
           | Oh I don't really disagree!
           | 
           | I just think the limit on our knowledge that you describe
           | should lead us more towards caution than the opposite in a
           | lot of situations. Because it could be worse too.
        
         | [deleted]
        
         | david_draco wrote:
         | Free speech + Karma + community self-moderation + community
         | self meta-moderation can work, as slashdot (and HN) showed.
        
         | systemvoltage wrote:
         | No one is advocating for absolute free speech.
         | 
         | Just expanding what's allowed. Currently, Twitter's policies
         | are extremely lopsided.
         | 
         | I don't think anyone is calling for allowing violence, threats,
         | etc.
        
       | koalaman wrote:
       | What happens to employee unvested stock grants when you're taken
       | private?
        
         | quaintdev wrote:
         | I guess they are forced to sale?
        
       | tbirdny wrote:
       | For $1B he could make an exact twitter clone, and he could
       | probably do it for much less than that. You might say, yes, but
       | he's paying for the brand, and no one would use his clone. He
       | could pay for a flood of advertising and other promotions to get
       | people to switch. He could pay 42,000,000 people $1000 each to
       | switch to his twitter clone.
        
         | iancmceachern wrote:
         | Yeah but that takes time, years.
        
         | garbagetime wrote:
         | I doubt he sees it as the best use of his time to build a new
         | social media website up from scratch - I'd be pretty
         | unconfident in such a project's likelihood to see great
         | success, anyway.
        
         | ardfard wrote:
         | It's not the tech that makes Twitter interesting, it's the
         | already established networking power. You can clone the tech
         | but you can't clone the social part.
        
         | ttul wrote:
         | Frankly, Musk could pull this off and it might be his plan
         | anyway. Twitter has a lot of tech and very talented people..
         | not to mention the existing user base. But Musk has the star
         | appeal to draw in famous users and make it at least somewhat
         | appealing to the masses who want to follow along.
         | 
         | The social media space is stagnant and looking for change, but
         | as yet nobody can match Meta's $55/user in ARPU. Maybe Musk can
         | get there.
        
           | imilk wrote:
           | Lol the only people who would join Musk's social network are
           | Tesla investors, crypto enthusiasts, and people who've
           | already joined gettr, parler, truth social, etc..
           | 
           | Also having the head of a new social network be someone who
           | is notorious for being a dick is not the best way to build a
           | healthy community.
        
           | objektif wrote:
           | I think he can. I see twitter to be a much better platform
           | than FB and based on my observation engagement in the
           | platform is only getting better. With politics, tech, markets
           | as hot topics as ever TWTR could be worth much more under
           | Elon.
        
         | moralestapia wrote:
         | >He could pay 42,000,000 people $1000 each to switch to his
         | twitter clone
         | 
         | So that he could have a shitty twitter clone with a fraction of
         | its users? For the same cost of real twitter? Whoa what a great
         | deal ...
        
           | flavius29663 wrote:
           | > shitty twitter clone
           | 
           | I doubt you can make Twitter shittier, it's not just dark
           | patterns, it's downright hostile to the user
        
             | the_only_law wrote:
             | These days, it's hard to find apps that aren't.
        
         | ROARosen wrote:
         | Right, or - more simply - he can just buy out Twitter.
        
         | BbzzbB wrote:
         | You don't pay for Twitter's infrastructure, you pay for it's
         | >210M daily active users. What it cost, in dollars and years,
         | to replicate _that_? Some $200 per Twitter DAU is not
         | extravagant, 13 years of current average revenue per user, one
         | which could (but doesn 't have to) greatly appreciate by
         | pressing on monetization, it's at like Facebook 2014 levels.
         | 
         | When Facebook paid 1 and 14 billion-s for Instagram and
         | WhatsApp, it wasn't for the handful of employees and the
         | codebases, but the userbases with snowballing network effects.
         | They tried replicating TikTok with Lasso and Snapchat with Poke
         | and Slingshot, but none of that went anywhere. It's not easy to
         | build a large userbase, and as far as I can see from social
         | media history, all the large ones were first to get some steam
         | in whatever niche-s they occupy. Leveraging their 3 other
         | networks Facebook's able to bolt-on competitors to steal some
         | inertia from the snowballs (Stories which is a larger business
         | then Snap by now, and Reels which is seemingly going
         | somewhere), but building a standalone social media for
         | competing with an existing incumbent is just bloody hard.
         | They're displaceable, but there's always been something novel
         | when social media market shares went to or grew into a new app.
         | 
         | Twitter's not quite snowballing at this point, but it has
         | entrenched itself in some important roles and niches (namely of
         | a town square and an official outlet) that are hard to
         | displace. It would take time, effort and significant
         | propositions to outgrow Twitter's significance. Alternatively,
         | one can sell a quarter (or a third once Twitter's board or
         | shareholders refuse and he bumps the offer) of it's Tesla
         | shares - or borrow against the whole - and buy the existing
         | network, go from there.
         | 
         | A network effect is one of many forms of licenses to print
         | money which can't just be replaced. Like a brand, any decently
         | sized game dev team can probably clone Call of Duty or EA
         | Sports games, won't get them the licenses to print money that
         | Activision (soon Microsoft) and EA hold. You can make the best
         | perfumes, it doesn't buy you Coco Chanel's money printer.
        
         | thaumasiotes wrote:
         | > He could pay 42,000,000 people $1000 each to switch to his
         | twitter clone.
         | 
         | He could try, but there's no way to stop them from switching
         | back.
        
       | poxwole wrote:
       | Twitter should be nationalized. No man should control such a
       | large medium
        
         | greenhorn123 wrote:
         | By which nation?
        
           | Researcherry wrote:
           | China
        
         | seanw444 wrote:
         | Nationalized media has historically always turned out _so_ much
         | better.
        
       | LightG wrote:
       | Deleted my 3 twitter profiles last week when this started going
       | down.
       | 
       | I feel incredibly healthier mentally.
       | 
       | You should try it.
        
       | Cypher wrote:
       | Gogogogo Elon! free us from the cancel culture
        
       | soheil wrote:
       | For all those saying govnt should control platforms like this
       | bear in mind that the free market is working even in this case. A
       | single person decided to take a massive social media private only
       | after a few years of it being a bad actor (see anti free speech
       | sentiment around Twitter.) In a socialist/state-run world any
       | regulation would take years to pass to only then cripple the
       | platform and make it a worse version of itself in many ways maybe
       | except the primary goal of the regulation.
       | 
       | A non-public Twitter will have less pressure from the outside to
       | "perform" and not taken hostage to follow the current dogmatic
       | norms of the population allowing it to undergo much needed and
       | necessary changes to make it a better platform.
        
       | sjones671 wrote:
       | That's a lot of zeros for some frozen peaches.
        
       | LeicaLatte wrote:
       | With the original founders gone, why not? He is literally
       | twitter's most passionate user.
        
       | Andrew_nenakhov wrote:
       | From observing various internet forums, including this one, I
       | noticed that people from the "first world" countries don't know
       | the value of free speech and often take it for granted. Sometimes
       | even coming to such views as "free speech is dangerous" and that
       | "we should limit free speech" (by blocking the views I don't
       | like).
       | 
       | Understand this: limits on free speech are far more dangerous to
       | society than allowing fringe extremists to spread their ideas.
       | Coming from a country that had made a transition from a (rather
       | messy) democracy to an authoritarian fascist police state in just
       | 15 years, I tell you this: it all started with limits on the
       | freedom of speech.
        
         | [deleted]
        
         | Miner49er wrote:
         | There's been limits on free speech in the US and other first
         | world countries forever. Where we put those limits will always
         | be up for debate, but I don't think it's realistic to ever
         | expect _no_ limits.
        
         | mc32 wrote:
         | I expect that many of the people who used to say private
         | companies can set policies and ban at their pleasure will begin
         | to realize this is a bad policy and only serves to establish an
         | echo chamber rather than a free exchange of ideas.
         | 
         | Of course that whole argument was a ruse and I believe that was
         | hypocrisy that will get naturally exposed.
         | 
         | We'll see.
        
           | pohl wrote:
           | Amazing that anyone would think that the kinds of things that
           | actually get moderated-out would have somehow enriched
           | discourse -- as if humanity doesn't have more productive
           | things about which to amicably disagree.
        
             | mc32 wrote:
             | So discussing the Hunter Biden laptop and whether or not
             | the Steele dossier was a hit job by Hillary and co.,
             | whether some Covid policies made sense or not, whether it's
             | fair or not that people who grew up as boys or men and take
             | hormone treatment as they transition to females are fair in
             | competing against biologically female athletes are all
             | outside enriching discourse? The above is not to take
             | sides, but rather allow discussion to find what makes
             | sense. At times any of the above were taboo subjects.
             | 
             | Imagine some ideologue on the other extreme of the
             | political spectrum were to take over (Musk is in my view,
             | mildly libertarian) and suppressed talk about abortion
             | rights, gender equality, police violence, drug
             | liberalization, etc. That's what the extreme left is doing
             | but obviously they have their own, different sacred cows.
        
               | pohl wrote:
               | I have good news for you: there is still a veritable
               | cornucopia of tweets about Hunter's laptop, and the
               | Steele dossier, and COVID policies, and trans folk as
               | athletes out there. I see them every damned day with my
               | own eyes. While there have been a few people who violated
               | the ToS while pushing those agendas, it's hard to argue
               | that anything of real value was lost during its
               | enforcement.
        
               | mc32 wrote:
               | Yes, yes... Long after it's useful use by date. Maybe
               | they'll provide the same courtesy to the other sides too.
               | 
               | What, Boris Johnson attended a party during Covid...
               | hush!!! Trump talked to Putin. No, no, we can't prove
               | it's true. Let's wait till it all boils over and it
               | becomes irrelevant then you can talk.
        
               | pohl wrote:
               | Like I said, the discussions you're referring to are
               | still out there. They're still happening -- right now, as
               | we speak. You're free to go join in on them. Nothing is
               | stopping the vast majority of people who are talking
               | about these things. Most such users, turns out, do not
               | violate the terms of service.
        
               | mc32 wrote:
               | Ok, why were the NYPost articles blocked? Why were
               | articled related to Covid blocked and people deplatformed
               | not for lying, but just opening questions?
        
               | pohl wrote:
               | If the owners of a web site do something with their own
               | site that I don't agree with, I tend to just not go
               | there. Beyond that, I don't care. It's not "the public
               | square", and they're not the government. Point your
               | browser somewhere else, maybe. Take some personal
               | responsibility over how you vote with your attention
               | instead of trying so hard to make yourself a victim.
        
               | mc32 wrote:
               | I am not a victim, however, news, truthfulness and
               | openness are victims. There are instances where you can't
               | post reasonably certain events, not to mention verifiable
               | facts, if they are counter narrative, but you can post
               | unverified or very suspect information, if it follows a
               | preferred narrative --that should be of concern.
               | 
               | What is the purpose or turning #bidenflation to
               | #inflation on Twitter?
        
         | [deleted]
        
         | phatfish wrote:
         | This is quite patronizing to people in "first world" countries.
         | 
         | If there is no limit to free speech is it not possible that
         | lies and falsehoods are so potent that spreading them leads to
         | an authoritarian fascist police state?
         | 
         | There is a line that has to be drawn, for me it is solidly on
         | the free-speech end of the scale, but absolutely not
         | "unlimited".
         | 
         | I hope enough people will recognize when an idea is moving a
         | society from democracy to autocracy and in this case all
         | options to stop the autocrat should be used, including shutting
         | down their ideas.
         | 
         | Trump walked very close to the line with his big lie on the
         | legitimacy of the last US presidential election.
        
         | TameAntelope wrote:
         | This is a naive view. Twitter does not enable free speech for a
         | single person on this planet. Every el single prison in the
         | world who can access Twitter can also access any number of
         | other ways to speak freely.
        
           | Koshkin wrote:
           | But there is a reason why people choose Twitter.com over
           | OtherWaysToSpeak.com.
        
             | TameAntelope wrote:
             | Not a reason related to their human rights.
        
         | strogonoff wrote:
         | "Free speech" tends to be used in two ways: free speech the
         | compound phrase, and free speech as two words taken literally.
         | 
         | Certain subsets of population love to hijack discussions by
         | forcing the latter meaning[0]--they break the phrase up into
         | separate words and take them as absolutes. Yet the reality is
         | that free speech in absolute sense doesn't exist: a bit like
         | free market, in a world where malicious actors exist _at all_ ,
         | it has to be subject to limits (moreover, in any culture there
         | are its own taboos defining additional unwritten constraints).
         | 
         | The first meaning is what "free speech" refers to in any
         | meaningful political discussion about free speech. It is
         | fundamentally vital in a democracy, and no sane person would
         | qualify it as absolute.
         | 
         | Fine aspects of what conditional free speech actually implies
         | could be a worthy topic. Off the top of my head, free speech is
         | where you don't need to censor yourself provided you are of
         | sound mind and do not mean harm, but this is not very precise.
         | How should we define the limits of free speech on a meta level?
         | Is it their vagueness that causes distress? Once the
         | terminological ambiguity is settled, meaningful debate becomes
         | possible.
         | 
         | [0] I believe in most cases such individuals have their own
         | agenda to push, and one would become equally opposed to
         | absolute free speech as soon as their preferred agenda is
         | implemented.
        
         | chunsj wrote:
         | Most of the case, "different views" are not different; simply,
         | they are just wrong ones. When people says "limit free speech",
         | it's intended to limit these. Liberalism is meaningless without
         | under democratic control.
        
         | loudmax wrote:
         | Private companies are not the arbiters of free speech, and they
         | should not be compelled by the government or anyone else to
         | distribute views they don't like. This especially goes for
         | businesses whose revenue models are based around advertising,
         | where the financial incentives do not line up with the social
         | benefit of their users.
         | 
         | I believe the proper solution here is social networks that are
         | open, distributed, and federated. It is not for government or
         | advertisers to decide what speech must, or must not, be
         | discussed in the open.
        
         | qgin wrote:
         | So in your model, some other random person can come along and
         | force you to use unlimited amounts of your own resources to
         | broadcast whatever they want to say?
         | 
         | We have freedom of speech in that the government cannot
         | persecute us for what we say.
         | 
         | We do not have the right to commandeer other people's resources
         | without their permission to rebroadcast what we want to say.
        
         | toss1 wrote:
         | Also understand this: Free Speech Absolutism is as stupid as
         | any other form of absolutism.
         | 
         | Absolutism, almost without exception, is an oversimplification.
         | It's easy and facile to defend, but also wrong, in that
         | absolutism by definition ignores all edge cases.
         | 
         | And some of those edge cases can have extremely severe
         | consequences, effectively crashing the system and killing large
         | numbers of people.
         | 
         | YES -- the constraints on the ways in which govt can limit free
         | speech should themselves be extremely constrained, precisely
         | because the dangers of government constraints rapidly escalate.
         | 
         | Yet the dangers of disinformation, algorithmically amplified to
         | maximize 'engagement' are also to the level where the system
         | can be crashed and result in mass killings.
         | 
         | The effects of both can be seen from Russia this week. Their
         | massive disinformation campaigns and combined with effective
         | near-total suppression of free speech has 60% to 80% support
         | and almost total suppression of dissent [0][1]. The result here
         | is hundreds of millions of people supporting a genocide in
         | their neighboring country.
         | 
         | Yet completely free access to all media, and not only speech
         | but amplified media platforms can also bring down democracies.
         | The spread of Russian disinformation specifically to increase
         | polarization in democracies is working. It already converted
         | Hungary to an authoritarian state, and France is now very close
         | to falling to an authoritarian party...
         | 
         | The ability to deliberately manipulate the public conversation
         | with tens of thousands of fake accounts is not free speech, it
         | is freely amplified lies [2].
         | 
         | The real problem is that if free speech is converted to free
         | amplification of whatever disinformation any authoritarian
         | state thinks is in its interest, the result will be not more
         | free speech, but the end of democracy and imposition of a far
         | tighter regime on free speech.
         | 
         | Again, look at Hungary - they had an open democracy, and free
         | speech resulted in divisions, and an authoritarian took over.
         | Now, free speech is severely curtailed in order to keep the
         | authoritarian in power.
         | 
         | Is the solution to curtail free speech at the outset? Maybe a
         | little, something like the old Equal Time requirements for
         | broadcast TV, or on social media, accurate identification of
         | the source.
         | 
         | Probably more important and effective than curtailing free
         | speech is to actively and in real-time counter the
         | disinformation. This actually worked in the Ukraine war, as
         | Russian disinformation efforts were countered and called out as
         | the lies that they were within hours, which denied the Russians
         | the cover they had when such pretexts went unchallenged in 2014
         | as Crimea was invaded.
         | 
         | So, yes speech must be biased very strongly towards the FREE
         | end, but requiring a private platform to amplify any particular
         | speech is just as un-free. If you want an amplified platform
         | for your views that most consider abhorrent, you are FREE to
         | make your own competing platform.
         | 
         | [0] https://www.israelhayom.com/2022/03/11/russian-campaign-
         | depi...
         | 
         | [1] https://www.abc.net.au/news/2022-03-05/russian-support-
         | for-p...
         | 
         | [2] https://theconversation.com/russian-embassy-in-canada-
         | weapon...
         | 
         | EDIT: Additionally, it is not exactly a secret that Russia is
         | running bot factories - it is openly mentioned on their mass
         | media [3].
         | 
         | It is not individual speech that needs to be controlled, it is
         | amplified govt and corporate speech abusing the agora that
         | needs to be controlled.
         | 
         | We must understand the difference and apply different rules &
         | repsonses.
         | 
         | [3]
         | https://twitter.com/JuliaDavisNews/status/151442262800988160...
        
           | weakfish wrote:
           | Just wanted to say thanks for writing the comment I was too
           | lazy to :-)
        
           | etherael wrote:
           | > The effects of both can be seen from Russia this week.
           | Their massive disinformation campaigns and combined with
           | effective near-total suppression of free speech has 60% to
           | 80%
           | 
           | So your first example that springs to mind to prove the
           | simplistic and facile nature of free speech absolutism is a
           | disinformation campaign that expressly rests on the extensive
           | control of free speech within a certain information venue in
           | order to promote that disinformation? How does this make any
           | sense whatsoever?
           | 
           | > It already converted Hungary to an authoritarian state, and
           | France is now very close to falling to an authoritarian
           | party...
           | 
           | And what, exactly, is the information which is not being
           | censored which has resulted in what you claim are
           | objectionable and dangerous results in Hungary and France?
           | 
           | > The ability to deliberately manipulate the public
           | conversation with tens of thousands of fake accounts is not
           | free speech, it is freely amplified lies [2].
           | 
           | So why equate it with free speech aside from to assemble a
           | strawman which you then proceed to knockdown to make your
           | case after just emphasizing yourself they're two different
           | things.
           | 
           | What?
           | 
           | > requiring a private platform to amplify any particular
           | speech is just as un-free.
           | 
           | Is that actually being proposed? Because I haven't seen
           | anything like that?
           | 
           | > you are FREE to make your own competing platform.
           | 
           | This is observably false based on what happened to Parler and
           | Gab. The truth of the matter is that big tech is very hostile
           | to competition and will to the extent they are able outright
           | forbid it. The only way to actually build competitive
           | platforms that do not push their ideological agenda and
           | circumvent their attempts to stop you is to do what Odysee
           | has done, and even there, they're fighting a case against the
           | SEC as we speak, so it's not like they're being left to
           | simply go about their business.
        
         | throwaway4good wrote:
         | You can trash talk all you want - though some outlets may not
         | let you because they care about their other users.
         | 
         | In other words. If you get thrown out of hn, you can try
         | reddit, but you may end up enjoing 4chan. If you go to jail, it
         | will be because of something you did, not something you said.
         | 
         | In other words: It is all free speech, and we, the other
         | people, have an equal right not to listen to you.
        
         | fastbeef wrote:
         | From observing various internet forums, including this one, I
         | noticed that people from the "first world" countries think Elon
         | Musk actually cares about freedom of speech and isn't just a
         | bored billionaire throwing his weight around.
        
         | Tycho wrote:
         | Our entire legal system rests on the (rather obvious) principle
         | of hearing both sides in order to find the truth, but the brain
         | rot has somehow progressed to the point where in the media this
         | is considered some sort of fallacy ("both-sidesism"). Lots of
         | people want to appoint some sort of information gatekeeper,
         | with no anticipation that one day the gatekeepers might turn
         | against you.
        
         | bmitc wrote:
         | Musk's involvement in Twitter has absolutely nothing to do with
         | free speech. Like many things he does, it's a false narrative
         | to push what he wants forwards. He has a clear history of
         | trying to bully and shutdown those that disagree with him in
         | any capacity.
        
           | Gatsky wrote:
           | Not sure I buy this analysis. I mean, he's spending $43B
           | dollars. That's a heck of a jerk move, even just for the time
           | and effort it takes.
        
             | bmitc wrote:
             | Narcissism is a hell of a drug.
        
           | kylecordes wrote:
           | I too am eager to see whether, if the bid is accepted, the
           | tremendous quantity and variety of anti-Musk sentiment on
           | Twitter keeps flowing.
        
             | bmitc wrote:
             | It's just unbelievable to me that people are talking about
             | this free speech thing as if it's a legitimate thing to
             | actually be talked about. These are Trump and Putin
             | tactics. Get people talking about idiotic claims as if
             | they're real, while you do what you want behind the noise.
             | 
             | Musk is the person who claimed that the SEC was violating
             | his free speech rights for investigating him over market
             | manipulation. I would argue the SEC was actually very light
             | on Musk, and it's clear here again Musk is manipulating the
             | market. If Twitter denies his offer, he will sell after
             | pumping the stock, and he already indicated that in his
             | offer letter in order to soften claims of market
             | manipulation. If Twitter accepts his offer, he gets massive
             | control over _his_ "free" speech.
        
               | joshsyn wrote:
               | lol, you are funny. think you are the one who can be
               | easily controlled. Putin does not even speak english. The
               | delusional with this one is strong.
        
               | themitigating wrote:
               | Wrong: https://www.youtube.com/watch?v=jrXf8Qn9pBI
               | 
               | 35 seconds in
        
           | matwood wrote:
           | Bingo. This is about Elon's speech if it's about speech at
           | all. Remember the kid who was posting Elon's public jet
           | movements? You think Elon lets him keep Tweeting? Elon is
           | also known for blocking anyone who disagrees with him. So
           | much for free speech absolutism.
           | 
           | Personally, I think he's just a troll with a ton of money.
           | This is 'fun' for him.
        
         | needlefish wrote:
         | It is bizarre in the US that people don't really think about it
         | being the first thing amended to our constitution.
         | 
         | As if that was just random ordering and not a statement in and
         | of itself.
        
         | toyg wrote:
         | Classic situation where "Only a Sith Deals in Absolutes".
         | 
         | In practice, there is a tension. Absolute free speech is not
         | necessarily safe - the Weimar Republic was a time of
         | unprecedented freedom of expression and it ended badly. The
         | freedom paradox is real: too much freedom can result in the
         | death of freedom, by tolerating anti-freedom movements enough
         | for them to snowball.
         | 
         | Also, you shouldn't assume that these "practical limits" on
         | free speech are new, particularly for the US. In the second
         | postwar period, airing leftist views often resulted in people
         | being put under invasive surveillance - or worse.
         | 
         | There is always a tension in practice, and it's about finding
         | an acceptable set of compromises. Germany is free but you can't
         | print Hitler's works there, and that's just fine.
        
         | pilsetnieks wrote:
         | There isn't a black and white answer to this. It should be
         | painfully obvious by now that unrestricted free speech also
         | enables incredibly technologically amplified propagandists of
         | various stripes to drive people's behavior to various extremes
         | including threatening the existence of that same democracy.
        
           | Clubber wrote:
           | Yes, there is certainly a limit on both sides. I think when
           | social media platforms would ban hate speech and the like,
           | most people were perfectly ok with it. Once they started
           | banning political opinions that most people would consider
           | not that inflammatory, or even interesting (think COVID
           | discussion) people starting having a problem. The social
           | media platforms themselves became a political tool rather
           | than a tool to share ideas.
           | 
           | Why is Twitter really important? This is really the crux of
           | it for me. Ever since mass communications, the news was the
           | arbitrator of opinion. It was common for journalists of
           | prominent newspapers (like the NYT) to declare themselves
           | "kingmakers" in elections, even presidential ones. How they
           | portrayed a candidate directly affected his or her outcome in
           | a significant way. If journalists at the NYT thought a
           | candidate wasn't a "serious candidate", they wouldn't get
           | much coverage, or that coverage would be intentionally
           | unflattering. Social media breaks that barrier down because
           | now the politicians can circumvent the news as a middleman of
           | information and we can now have discussions of ideas on a
           | fairly large scale without requiring the news to deliver that
           | information.
           | 
           | Once Twitter becomes just another arbitrator of information,
           | then we've regressed as a society back to the times where all
           | our information was filtered by "kingmakers." Instead of a
           | new world with much more available contact with our political
           | class, we digress to the way it was before, the only
           | difference is we have new arbitrators.
        
         | andrepd wrote:
         | Nice comment (in the style of "I'll get downvoted for this
         | but"), but I don't see how this is remotely related to the
         | article at hand.
         | 
         | A multi-hundred-billionaire is bidding for a takeover of one of
         | the largest internet public forums. How is this conducive to
         | free speech?
        
           | commandlinefan wrote:
           | > How is this conducive to free speech?
           | 
           | He couldn't possibly be any worse than what we already have.
        
           | harambae wrote:
           | Well there is wide speculation that Elon could open up the
           | rules of twitter a bit - perhaps allow Trump back on, widen
           | what type of Covid-19 discourse can posted without
           | repercussions, etc.
           | 
           | Fewer people think Elon has any predilection to locking down
           | what can be said on Twitter.
           | 
           | (I don't know what will happen ultimately, but that's how it
           | could be related.)
        
             | andrepd wrote:
             | So we have an unelected multi-hundred-billionaire deciding
             | the rules, which may or may not be less restrictive when it
             | comes to certain types of discourse of his choosing.
             | 
             | I still fail to see where the "freedom" part enters into
             | all this.
        
             | matt_s wrote:
             | That has nothing to do with free speech though.
             | 
             | That has to do with changing the TOS for users of a private
             | (after buyout) company.
        
         | [deleted]
        
         | schleck8 wrote:
         | Undermining the legitimacy of liberalism through enabling its
         | abuse by extremists in violation of other laws is equally as
         | dangerous.
        
         | Pxtl wrote:
         | We already have limitations on free speech in the "first
         | world".
         | 
         | Ask somebody involved in a merger how "free" their speech is.
         | 
         | Or somebody involved in a court case.
         | 
         | At issue is what we choose to protect from harmful lies.
         | 
         | Wealthy people with good access to lawyers can sue for
         | defamation. A courtroom is protected by perjury laws. Business
         | is protected from fraud.
         | 
         | And yet the tools to fight the COVID pandemic are beneath
         | protection? Minorities are beneath protection?
         | 
         | Look at the Americans -- half the country still thinks the
         | election was stolen, and the only people facing consequences
         | for that are the ones who lied about Dominion Voting Solutions
         | because there a business had standing to show damages.
         | 
         | Free speech online has been tried, the end result is 4chan,
         | which gave way to Qanon. When fascism takes hold in the first
         | world, it will be "free speech" without any protection of
         | _truth_ that ushered it there.
        
         | lm28469 wrote:
         | The US is the only country with such weird views on free
         | speech, there are many perfectly free (often with better
         | freedom of speech/press scores actually) first world countries
         | with different definition of free speech.
        
           | HideousKojima wrote:
           | Yes, where you can face hellish legal processes and the
           | threat of jail time over jokes:
           | 
           | https://en.m.wikipedia.org/wiki/Mark_Meechan
           | 
           | Sounds perfectly free to me!
        
             | seszett wrote:
             | That comment could also have been written as:
             | 
             | A member of a far-right nationalist party was condemned to
             | a 800PS fine for teaching his pet to do the Nazi salute
             | when he hears "Sieg Heil" and also react to the phrase "gas
             | the Jews", and post it on YouTube.
             | 
             | The trial seems to have been over less than a month after
             | it was opened, but "hellish" is subjective enough that it
             | might still apply.
        
               | workaccount21 wrote:
               | ur dugs a nazi
        
               | HideousKojima wrote:
               | UKIP is "far-right?" That's a very strange way to
               | describe them, but whatever.
               | 
               | The trial itself was fast, but he had two years of
               | waiting with the charges (and potential jail time)
               | hanging over his head.
               | 
               | In any case, would you support similar legal action
               | against the creators of _Father Ted_?
               | 
               | https://youtu.be/sLNMSTQnSyk
        
               | seszett wrote:
               | > _UKIP is "far-right?" That's a very strange way to
               | describe them, but whatever._
               | 
               | I was simply going by Wikipedia's definition[0].
               | 
               | I don't know anything about your YouTube link.
               | 
               | [0]https://en.wikipedia.org/wiki/UK_Independence_Party
        
               | lucideer wrote:
               | > _That 's a very strange way to describe them_
               | 
               | It tends to be how they're most commonly described, so -
               | independent of whether you think that's accurate - it is
               | certainly not "strange"
        
             | sofixa wrote:
             | There are things that are off limits, and they are widely
             | known. You can't dress up or play as a Nazi and pretend you
             | didn't know there'd be consequences. All Nazi-related stuff
             | _bar for historical reasons_ like research, or art, is off
             | limits. I prefer my country free of Nazis, and if that
             | means they get sent to jail for  "jokes", fine by me and
             | pretty much the majority of the population.
        
               | sidlls wrote:
               | The nazis preferred their country free of jews, and many,
               | if not the absolute majority definitely the majority in
               | power, were fine by that.
               | 
               | This is one case where an equivalence argument is
               | actually valid. To be blunt: your view is dangerous and
               | ought to be regarded as reprehensible by anyone who
               | actually values a free society.
        
               | rootusrootus wrote:
               | > This is one case where an equivalence argument is
               | actually valid.
               | 
               | Hardly. Being a Jew is an immutable trait. Being a Nazi
               | is a behavior choice.
        
               | scambier wrote:
               | > This is one case where an equivalence argument is
               | actually valid
               | 
               | Yes, absolutely, banning Nazism is 100% equivalent to
               | killing Jews. Freedom of speech definitely depends on
               | letting nazis spread their views. Declaring that nazis
               | are bad for society is a dangerous view.
               | 
               | Totally normal things to say.
        
               | sofixa wrote:
               | Paradox of tolerance, fellow human. If you allow Nazis,
               | who are anti-tolerant, violently so ( and as you said,
               | they'd remove all Jews), to do whatever they want out of
               | tolerance, they won't respond in kind, they'll abuse that
               | tolerance until they're in power and usher in their
               | intolerance. You cannot be tolerant of the intolerant.
               | Even Goebbels himself said it, they were going in the
               | parliament as a wolf in sheep's clothing to destroy
               | democracy from within with democracy's tools.
               | 
               | Furthermore, it's a bullshit false equivalency that a
               | Nazi, who wants to at the very least discriminate people,
               | is somehow equal to a random person who would get
               | discriminated against. Or a racist and any random person.
               | Those are not the same, and don't deserve the same
               | protections.
        
               | Ekaros wrote:
               | But can you either be tolerant of those who are not
               | tolerant of the intolerant. I would group them similarly
               | as bad or even worse.
        
               | sidlls wrote:
               | When did anyone suggest allowing Nazis "to do whatever
               | they want"? Suggesting that people ought to be allowed to
               | voice reprehensible opinions without fear of government
               | locking them up isn't the same as suggesting they be
               | allowed to do whatever they want.
               | 
               | It's not a bullshit false equivalency: every nazi is more
               | or less just some random person with an opinion. Just
               | like you and I are random persons expressing an opinion
               | in this forum. At least, right up until they take action
               | to commit violence--but that's a separate matter.
        
               | HideousKojima wrote:
               | Well shit, I guess we'd better send Mel Brooks to jail
               | for _The Producers_
        
           | rhexs wrote:
           | Hottest take on HN. Countries without actual free speech have
           | better "free speech" than the only country with actual free
           | speech.
        
             | zajio1am wrote:
             | Someone living in US cannot be jailed for advocating
             | genocide, but can be fired from work for disagreeing with
             | latest woke positions.
             | 
             | Here i can be jailed for advocating genocide, but cannot be
             | fired from work for disagreeing with latest woke positions.
             | 
             | Who has better freedom of speech?
        
               | Hasu wrote:
               | The person in the US can find another job. The person in
               | jail doesn't have such luxuries.
               | 
               | Also, when the woke people take over your government,
               | there's no bright line rule that says, "You can't put
               | people in jail for speech." Now you don't lose your job
               | for disagreeing with the latest woke positions, you go to
               | jail. In the US that bright line rule does exist, so they
               | are limited to just trying to get you fired from your
               | job.
               | 
               | It's obvious to me who has better freedom of speech.
        
               | [deleted]
        
             | Ardren wrote:
             | American's act like the constitution is some uniquely
             | divine document that makes them special. Honestly it's
             | tiring.
        
               | sofixa wrote:
               | American Civil Religion is a powerful drug. Funnily that
               | and their deification of "The Founding Fathers" smell a
               | lot like the absolutist models of Kings and their Divine
               | rights, while being the opposite.
        
               | rootusrootus wrote:
               | > Honestly it's tiring.
               | 
               | As is the steady stream of people who take every
               | opportunity to point out how much America sucks.
        
               | themitigating wrote:
               | You're tired of all the speech used to criticize America?
        
               | sebzim4500 wrote:
               | The constitution (including amendments) is almost unique
               | in that it makes actual guarantees about your right to
               | freely express yourself, even if you views are
               | controversial and out of line with the views of the
               | government. That doesn't make it divine, but it does make
               | it special at the moment. Hopefully the rest of the world
               | wakes up, but I see few signs of that happening (although
               | Dominic Raab in the UK has indicated that freedom of
               | expression will be the top priority when laying out the
               | British Bill of Rights which has been promised since
               | brexit).
        
               | mardifoufs wrote:
               | I mean the first comment literally said "America is the
               | only country with such views" so yes, that makes them
               | special by definition? Or are you saying that the way
               | America sees free speech is common, which would
               | contradict the earlier claim that it isn't
        
             | andrepd wrote:
             | >the only country with actual free speech
             | 
             | I think you win the hottest take award with that one ;)
        
             | peoplefromibiza wrote:
             | tell that to Julian Assange or Edward Snowden.
        
         | enumjorge wrote:
         | > Sometimes even coming to such views as "free speech is
         | dangerous" and that "we should limit free speech" (by blocking
         | the views I don't like).
         | 
         | This is such an oversimplification that it verges on being a
         | straw man argument.
         | 
         | You talk about authoritarian take-overs. Your problem wasn't
         | limitations on free speech. It was that people who didn't care
         | about laws got into positions of power, and enough people in
         | that country didn't care enough when the law was ignored.
         | 
         | Authoritarians don't care about precedents or laws. If a law is
         | causing them problems they'll change it. It happens all the
         | time. And an ignorant or misinformed population can be easily
         | distracted with red herrings like xenophobia and homophobia.
         | 
         | There's been a rise in fringe extremists in the US. Many of
         | them are ardent supporters of Donald Trump, who benefitted
         | tremendously from the megaphone that Twitter provided, a
         | company that isn't even 20 years old and yet has come to
         | represent freedom of speech somehow and arguably helped him get
         | elected. This is the same man who launched an all out attack on
         | elections, one of the tenets of the democracy; a man who also
         | threatened to cut off access to White House press briefings to
         | any news channel that attacked him; a man who sent the police
         | on peaceful protesters in DC just so he could do a photo-op.
         | All of those are serious attacks on democracy, and he has faced
         | zero consequences, Twitter or no Twitter. Why? Because his
         | zealot supporters are too busy trying to ban books, limiting
         | abortion and bringing back an LGBT rights as a major political
         | topic to care.
         | 
         | Extremism is dangerous too. Electing people who don't care
         | about the law is dangerous. Once those are allowed to fester
         | and take over, democracy is already in grave danger and laws or
         | precedents won't provide much help.
        
         | lobochrome wrote:
         | Hacker News is moderated rather strongly (hi dang)
        
         | oblio wrote:
         | > it all started with limits on the freedom of speech
         | 
         | No, it all started with your citizens giving up on democracy.
         | They probably chose safety or convenience or stability
         | (economic, probably) or a mix of them.
         | 
         | That's how all democracies fail (barring ones invaded by other
         | countries). People don't want them anymore.
         | 
         | Where people really want democracy, they fight for it.
         | 
         | It's that simple. Yet unbelievably hard to manage in practice.
        
         | pupppet wrote:
         | Is flagging/moderation on HN also included in your free speech
         | world view?
         | 
         | Do you believe you should be able to walk into any television
         | station and step in front of a camera?
         | 
         | Free speech is not free soapbox.
        
         | dukeofdoom wrote:
         | It's getting really bad here in Canada. The governments
         | directly funds, and contributes to the media companies. And
         | recently passed laws for all media companies to be licensed.
         | And of course decided to deny said license to one of his
         | strongest critics, Rebel News. Which I don't much care to
         | watch, but I do on occasion do watch RT do get a different
         | perspective. Just yesterday I found out that RT was blocked on
         | youtube and removed from cable. Just crazy to me that a
         | government thinks it has a right to decide which news
         | organizations I'm allowed to view.
        
         | rayiner wrote:
         | In a way we're fortunate that the descent down the slippery
         | slope happened far faster than we could have imagined. We went
         | from "we'll only use these powers to censor the flat earthers"
         | to country's major social media companies blacking out a
         | damaging story about the former Vice President's son moments
         | before the highest turnout election in American history:
         | https://www.npr.org/2022/04/09/1091859822/more-details-
         | emerg....
         | 
         | The basic problem with the notion of "censoring misinformation"
         | and even "fact checking" is that the "flat earth" stuff isn't
         | really what anyone cares about. It's the _debatable_ stuff that
         | people have the desire and incentive to censor. That 's always
         | the way it works out.
        
           | metabagel wrote:
           | France bans most election coverage just before the election.
           | It's to prevent misinformation from coming in at the last
           | moment without an opportunity to verify or properly
           | understand it.
           | 
           | https://www.france24.com/en/20170506-france-media-rules-
           | proh...
        
             | jstream67 wrote:
             | I mean thats a bit different from just blacking out
             | anything that makes the Democrats look bad - which is whats
             | currently happening on US Social Media platforms
        
         | hyperbovine wrote:
         | > Understand this: limits on free speech are far more dangerous
         | to society than allowing fringe extremists to spread their
         | ideas.
         | 
         | Germany has had such a policy regarding holocaust denial for
         | decades, and they don't appear to be on the verge of tyranny to
         | me. It's not as black and white as you make it out to be.
        
           | goodpoint wrote:
           | Spot on! See
           | https://en.wikipedia.org/wiki/Paradox_of_tolerance
        
         | psyc wrote:
         | Thank you for saying so. As an older American, it's absolutely
         | maddening and I feel exactly the same way, insofar as people
         | taking it for granted.
        
         | Aunche wrote:
         | I don't agree with Twitter's moderation, but how exactly are we
         | losing the freedom of speech?
         | 
         | Whiners are free to demand companies to boycott Twitter ads
         | when they see a tweet they don't like. The companies are free
         | to stop buying ads from Twitter. Twitter is free to appease
         | these whiners by moderating speech the way they want it, so
         | they don't lose out on revenue. Elon Musk is free to disagree
         | with that business strategy and buy 10% of Twitter.
        
         | maxerickson wrote:
         | Would you not eject someone from you property if they were
         | harassing your other guests?
         | 
         | It's not an exact analogy, and there are features like mute and
         | block that are less severe than removing someone from a
         | platform, but people generally don't want to individually deal
         | with every person who decides that being miserable to others is
         | the best use for social media.
        
           | Steltek wrote:
           | Moderation, either top-down curation or bottom-up mute/block,
           | is not a solution. Either way, you're going to haphazardly
           | create echo chambers, which aren't great at maintaining free
           | speech.
        
         | cycomanic wrote:
         | The irony is that Elon Musk is who calls himself a free speech
         | fundamentalist has been quite happy to silence people's speech
         | if it didn't suit him. Similarly all the people calling out
         | twitter for violating free speech never complained that
         | protesters were thrown out of Trump rallies or that he called
         | for beating them up.
         | 
         | I do believe that there need to be limits on free speech and we
         | also need to have means of equalising speech because otherwise
         | we end up in the situation that the person with the loudest
         | voice (the biggest resources) can say whatever they want and
         | nobody else gets heard.
        
         | Frost1x wrote:
         | I think many of the people described aren't taking free speech
         | for granted, they're reevaluating the idea in a new social
         | dynamic. Technology has changed the societal impact on free
         | speech drastically: reach, frequency, noise, targetability. In
         | parallel, populations have grown drastically so the scale for
         | ideas to reach critical mass and spread have changed. The
         | dynamics are simply different now.
         | 
         | I think many understand the consequences of highly restricted
         | speech and how much benefit free speech has, including how
         | censorship and tight control on speech has lead to undesirable
         | government regimes historically. What people are really doing
         | is reevaluating the costs side in the new environment where
         | there's no longer a town square, information has the potential
         | to spread to masses quickly, information is more difficult to
         | separate from noise, and those with harmful intent can speak
         | with more anonymity.
         | 
         | I'm a huge fan of free speech but the increasing potential
         | damaging effects can't be completepy ignored. It's better if we
         | can defend against such issues, in my opinion, and protect free
         | speech, not ignore them and go on as is.
        
           | throwaway4aday wrote:
           | I think you're wrong. The "increasing potential damaging
           | effects" are only damaging to the current regime. The
           | internet is just the latest iteration in a long succession of
           | things that challenge the power of the elite and we're
           | experiencing exactly the same blowback and propaganda that
           | gets trotted out every time this happens. Even the whole
           | "fake news" rhetoric isn't new but hundreds of years old.
           | People with privileged positions, power and money are
           | scrambling to widen their moats and shore up their positions
           | against the rabble as they once again wrench the wool from
           | their eyes.
           | 
           | https://www.history.com/news/coffee-houses-revolutions
           | 
           | https://www.britannica.com/topic/publishing/Printed-
           | illustra...
           | 
           | http://www.beaconforfreedom.org/liste.html?tid=415
        
         | mmaunder wrote:
         | That's exactly right. I've posted here many times discussing
         | what it was like to grow up under apartheid in South Africa.
         | Elon grew up under that regime too. He's the same age as me. He
         | went to Pretoria boys high school. I went to Paarl boys high
         | school. Similar tracks. Both highly conservative, pro apartheid
         | and a clear demonstration of how limiting free speech enables
         | awful regimes like the apartheid government. This is one of the
         | strongest reasons he is a free speech absolutist.
         | 
         | It's incredible how many smart people in the freest country in
         | the world are asking to have their freedoms removed without
         | considering who may inherit those rights.
        
         | themitigating wrote:
         | did this transition happen because extremists were able to
         | spread their ideas?
        
         | SirHound wrote:
         | Yes this is why there are very few actual limits on free
         | speech. Twitter isn't going to throw you in jail for saying
         | something wrong on the platform. Your country didn't slide into
         | a fascist state because a private company started limiting
         | which kinds of posts are allowed on the platform it made and
         | owns.
        
         | kareemsabri wrote:
         | You're gonna get replies basically saying "but free speech is
         | about protection from the government not corporations". This is
         | the stock answer, even though corporations in America are
         | generally considered to be equally if not more powerful than
         | the government (for good reason).
        
         | onlyrealcuzzo wrote:
         | This is 100% true - but giving algos & bots the ability to
         | spread disinformation on your network at low-cost and gaming
         | networks to make it seem legit is what is dangerous.
         | 
         | From a Twitter / YouTube / Facebook standpoint - it's easier to
         | just block bad content than fix the above problem.
        
         | iammru wrote:
         | 100%... I lived and worked in many countries around the world
         | and the amount of free speech we enjoy here is not common. This
         | is why people like my parents escaped their motherland. It's
         | surreal to me, as an immigrant, that we are trying self-limit
         | free speech here. If you don't like what others say, then tune
         | out, you have no right to silence other even if you abhor their
         | ideas.
        
           | themitigating wrote:
           | If I ran a store that sold model trains and you can in and
           | started yelling at something I shouldn't be able to kick you
           | out?
           | 
           | You may say - "Well twitter is bigger" - There are
           | competitors and you aren't forced to use it.
           | 
           | Or "I want to reach the largest audience" - Why should a
           | private company spend its own resources to help you spread
           | your message.
           | 
           | You came from a country without freedom of speech? How would
           | it have helped if the government just kills its enemies or
           | arrests them on bogus charges?
        
         | snowwrestler wrote:
         | The principle of free speech is what lets Twitter (which is
         | just a collection of private people) decide which content to
         | publish or not publish.
        
         | cduzz wrote:
         | I'm not really sure what you mean by free speech here.
         | 
         | Do you mean that, if I say "this war is bad!" I may be
         | "arrested" and "tried" and then put in a jail for 15 years (or
         | just vanish, or be dropped from a helicopter over the ocean).
         | 
         | Or do you mean if I tweet "I'll <wink wink> 2nd amendment those
         | Hajis!" my tweet won't be seen by 12 million people rather than
         | "promoted" by some algorithm?
         | 
         | Freedom of speech, as denoted in the United States
         | Constitution, is a set of limits around the government
         | behaviors. U.S. Government behaviors.
         | 
         | The dose makes the medicine.
        
         | bambax wrote:
         | In most of Europe, the governments regulate free speech, and it
         | works okay.
        
           | Hamuko wrote:
           | What country doesn't regulate free speech?
        
         | micromacrofoot wrote:
         | free speech as an american concept does not cover private
         | businesses, it's specifically meant to curb government
         | censorship
         | 
         | if private businesses had to uphold the same standards the
         | internet would very quickly devolve into every space becoming
         | 4chan... you'd see people protesting inside of stores, it would
         | be a mess
         | 
         | maybe there's a call to make a platform like twitter a public
         | utility, that would possibly solve it, but what a thorny
         | situation that would be... I imagine the rules would likely be
         | more restrictive than they are now, despite censorship laws.
         | I'd guess they'd want to strip anonymity as well.
        
         | Spooky23 wrote:
         | There's a difference between free speech and access to global
         | loudspeaker. You don't have freedom to get maximum engagement.
         | 
         | Twitter and Facebook are dangerous because they allow anything
         | that gets them money. Political campaigns and foreign influence
         | campaigns wield armies of bots to spew bullshit.
         | 
         | People of more libertarian bent tend to focus on some idealized
         | vision of free speech. When those platforms enable fascists to
         | overthrow democratic governments, you've won the battle and
         | lost the war.
        
         | ss108 wrote:
         | > Understand this: limits on free speech are far more dangerous
         | to society than allowing fringe extremists to spread their
         | ideas.
         | 
         | I just don't see the evidence to back this claim up.
         | 
         | Granted, if I really think about it, I am not directly harmed
         | either way. The fact that this is one of our fiercer debates is
         | probably a good sign of our decadence lol
        
         | Proven wrote:
        
         | JoeNr76 wrote:
         | Limits on free speech by government is dangerous. Private
         | companies enforcing rules you have agreed to when you became a
         | member, is something completely different.
        
         | memish wrote:
         | To put an even finer point on it, you'll never ever see Xi or
         | Putin say "I'm a free speech absolutist" or "let's have less
         | censorship".
         | 
         | That so many people are taking the position of authoritarians,
         | but presenting it as though they are protecting democracy, is
         | truly baffling to behold. Elon removing these authoritarians
         | from twitter's leadership and employee base, and restoring free
         | speech principles, will be the best thing we've seen for
         | democracy in a long time.
        
           | mint2 wrote:
           | You'll also never see them say "I'm a freedom from property
           | rights absolutist" as in no state or private ownership but
           | that doesn't mean anything either. Dictators not going to say
           | "xyz" doesn't really have any bearing on the merits of xyz,
           | and that doesn't even get into how dictators are loose with
           | the truth and often will lie about "I'm for xyz" while
           | violating the spirit of xyz. So in other words, what a
           | dictator says is pretty irrelevant.
        
         | [deleted]
        
         | croes wrote:
         | It works both ways, free speech with global range allows fringe
         | extremists to disrupt democracies.
         | 
         | Just look how russia uses this free speech. Free speech is ok
         | but not with unlimited range.
        
           | [deleted]
        
           | nukemaster wrote:
        
           | ganyu wrote:
        
           | cloutchaser wrote:
           | Because Russia has used its free speech how?
           | 
           | Internally they ban all opposition media, which is not free
           | speech, it's only hearing from propaganda.
           | 
           | Considering the events of the last 2 months, has Russia
           | really managed to turn the west pro Russia or anti Ukraine at
           | all?
           | 
           | I literally don't understand what you are trying to say.
        
             | suction wrote:
             | Russia has free speech in that, until very recently, they
             | were allowed to spew their fake news propaganda in Western
             | countries through outlets like RT, Sputnik, Zero Hedge
             | (that one's still on), etc. etc.
             | 
             | Maybe nobody who greenlighted the licenses to those
             | channels could believe that there are enough idiots
             | domestically who would not recognize it as lies and
             | propaganda? As recent history has proven, there are always
             | enough idiots to believe anything.
             | 
             | If you have absolute free speech, you'll have to allow the
             | media of other countries (China, NK, Russia, who have you)
             | to disseminate propaganda to your citizens until something
             | like Jan. 6th happens.
        
             | croes wrote:
             | Maybe you should look at the german Querdenker scene.
             | 
             | They didn't use russia's free speech but ours to turn our
             | people against us.
        
             | Dangeranger wrote:
             | Russia has been using sock puppet accounts to spread
             | manipulative propaganda throughout western democracies for
             | over two decades. They've been especially effective in the
             | last ten years. Their goal of fomenting grievances among
             | the factions within democracies, combined with a global
             | refugee crisis they helped create in Syria has resulted in
             | the rise of authoritarian leaders within over a dozen
             | countries.
             | 
             | In other words, the Russian regimes free speech has given
             | rise to authoritarians who would in all likelihood, limit
             | free speech in other countries if or when they rise to
             | power.
             | 
             | "Free speech for me, but not for thee."
        
               | loudmax wrote:
               | Absolutely this.
               | 
               | Not just the rise of authoritarian leaders, but promoting
               | both extreme left and extreme right political opinions
               | leading to questioning the legitimacy of democratically
               | elected leaders and the destabilization of free
               | societies.
        
             | [deleted]
        
             | etrautmann wrote:
             | I would guess the parent intended to convey that Russia
             | weaponizes free speech in the US via troll farms/etc for
             | foreign influence, not that they have it domestically?
        
               | watwut wrote:
               | That actually makes it make sense. Thank you.
        
               | croes wrote:
               | Exactly
        
               | cloutchaser wrote:
               | Seems like my point has gone right over everyone's head
               | who answered...
               | 
               | How well has what Russia done worked? Like how loved is
               | Russia right now in the west? How many people agree with
               | it?
               | 
               | (sidenote: the russia brexit involvement has been 100%
               | disproven. The Trump russia thing has been 100%
               | disproven. The hunter biden laptop was not russian
               | disinformation)
        
               | croes wrote:
               | It's not about love for russia, it's about doubt in
               | western science and governments.
               | 
               | How many people reject vaccines? How many belief the
               | governments are controlled by a secret elite? Even flat
               | earthers are linked to russian psyops.
        
               | croes wrote:
               | BTW how was russia's involvement in brexit disproved?
               | 
               | It's unproven but that's not the same
               | 
               | https://en.m.wikipedia.org/wiki/Russian_interference_in_t
               | he_...
               | 
               | Looks more like they tried but with minor effect at most.
        
           | [deleted]
        
         | asdfapslkjtewr wrote:
        
         | RockyMcNuts wrote:
         | Free speech is never 100% free, there are laws against libel,
         | fraud, conspiracy, copyright, trademark, which create crimes
         | that consist only of speech, or civil liability. Courts and
         | parliaments have rules of procedure so it's not, whoever's
         | loudest wins. And then there are social norms.
         | 
         | Slippery slope arguments are a slippery slope to never doing
         | anything to improve anything.
         | 
         | It's always a balance between letting 20% of hateful crazy
         | troll Nazis hijack all rational conversation, on the one hand,
         | and blocking unpopular opinions on the other hand. Even HN
         | moderates a lot.
         | 
         | Same applies to all the rights enumerated in the US
         | Constitution, you have freedom of religion to the extent it
         | doesn't infringe on the other important rights and provisions
         | of the Constitution. Polygamy is banned. If your religion says
         | servitude of women or Black people is God's will, you don't get
         | to practice it. 2nd Amendment however broadly interpreted
         | doesn't let you build a nuclear weapon in your backyard.
         | 
         | Also true, a lot of people want to block legitimate speech they
         | don't want to hear and should be resisted. The first step
         | toward fascism is indeed people not caring about free speech
         | and thinking their personal discomfort is the most important
         | thing, starting with the most powerful. Protesters get arrested
         | and kettled, Colin Kaepernick loses his contracts. You're not
         | going to stop the powerful from trying. It's never 'cancel
         | culture' when state legislatures cancel women, minorities, gay
         | or trans people, it's only 'cancel culture' when those people
         | call out the powerful.
         | 
         | We need free speech, but letting liars and extremists run the
         | public square and destroy all decency isn't the answer either.
         | You need to protect free speech by having reasonable rules and
         | norms.
         | 
         | "Arbitrary power is most easily established on the ruins of
         | liberty abused to licentiousness." - George Washington
        
         | insta_anon wrote:
         | Which country is that?
        
           | ganyu wrote:
        
           | keyme wrote:
           | Not OP, but probably Russia. Not that there are no other
           | examples in the last 20 years, it's just that some are more
           | controversial to call out.
        
             | watwut wrote:
             | Or Hungary, tho less messy I guess.
        
             | lossolo wrote:
             | Russia never had fundaments for democracy, its democracy
             | was a facade and still is, all state controlled media were
             | brain washing society from the 90s, there is no rule of law
             | for you in Russia if you are against someone from the party
             | or local government.
        
               | naoqj wrote:
               | > all state controlled media were brain washing society
               | from the 90s
               | 
               | Name a country where that isn't true.
        
               | mvc wrote:
               | As an independence supporting Scot, I'm not much of a fan
               | of the UK "state media" but even I can recognize that the
               | BBC is no Rossiya. So that's who I name. UK.
        
         | peoplefromibiza wrote:
         | > it all started with limits on the freedom of speech.
         | 
         | Twitter has nothing to do with freedom of speech though.
         | 
         | Or, to put it in a non-ambiguous way, Twitter is about freedom
         | of speech as much as Coca-Cola is about "right to food, and its
         | variations" [1].
         | 
         | [1] https://en.wikipedia.org/wiki/Right_to_food
        
         | antattack wrote:
         | Speech is sending and receiving information.
         | 
         | Speech/information needs to be processed/filtered/analyzed.
         | People may not be equipped to deal with certain information -
         | hence we try to manage it externally and internally.
         | 
         | Suppressing from of information starts at early, at childhood.
         | We try not bombard our children with all the information
         | indiscriminately. We curate and provide age appropriate
         | information to ensure optimal development and growth.
         | 
         | Once a person becomes adult they are supposed to gather and
         | process information on their own. However, even as adults we
         | are susceptible to deception. Our judgement can be fooled,
         | feeling can override our logic.
         | 
         | In conclusion, I think there's a need for curation of the
         | information/speech. Not forbidding it outright, but certainly
         | to help humans discern facts from fiction, for example.
        
           | mrtksn wrote:
           | > Speech is sending and receiving information.
           | 
           | I think that's wrong. Speech is sending signals that are
           | converted into information. The difference is, the
           | information can be good or bad depending on what you already
           | have. If we go with the usual Hitler example, Hitler's speech
           | makes people take other people into concentration camps only
           | if they are already inclined into doing it(i.e. if you air
           | the Hitler speech in USA, Americans don't start putting the
           | Jews on trains). Therefore, limiting Hitler's speech is like
           | fighting infection with painkillers when you actually need
           | antibiotics.
        
         | magpi3 wrote:
         | Do you remember why Trump was banned on twitter? He was using
         | his social media presence as part of a plan to overturn the
         | results of the 2020 presidential election, and he was banned
         | from both Twitter and Facebook after the U.S. Capitol building
         | was essentially sacked due to these efforts. That sounds pretty
         | dangerous to me.
         | 
         | He, and others like him, never lost their right to free speech.
         | Nothing stops them from creating their own website (which he
         | has), or saying anything they want on the numerous platforms
         | that do support them. They just lost access to social media
         | platforms which by gamified design make spreading information
         | (and misinformation) to the masses incredibly easy, so easy
         | that a group of people were actually convinced that they had a
         | mandate to attack the capitol to stop a cabal of pedophiles
         | from stealing the 2020 election, a mandate from a president who
         | at any time was going to unleash a flurry of indictments that
         | would expose and jail the leaders of the Democratic Party.
         | 
         | I don't know what the right answer is, but January 6th was an
         | event that proved that something was truly out of control. The
         | 1st amendment is not going anywhere, but I do support efforts
         | to make it at least a little harder, or rather not so
         | ridiculously easy, to spread lies that can ravage a country's
         | democratic processes. I know that sounds anti-free speech, but
         | again, the U.S. Capitol was sacked by a group of people
         | inspired by lies on social media, and I think we need to
         | acknowledge we live in a new world because of that.
        
           | macawfish wrote:
           | In some places it's not the capitol getting sacked but
           | villages of families of a certain ethnicity. All because
           | someone knew which button to push and had that ability to
           | amplify it in social media.
           | 
           | "Free speech absolutism"? Sounds more to me like ignorance
           | that there are literally teams of data science monitoring
           | social coordinated inauthentic behavior to nip mob violence
           | in the bud. No I don't want Elon Musk anywhere near them.
        
           | Andrew_nenakhov wrote:
           | > Do you remember why Trump was banned on twitter?
           | 
           | I remember Trump being suppressed for many months on Twitter,
           | his tweets censored, labelled as misinformation, and
           | information damaging to his opponent was suppressed and
           | labelled as 'disinformation'. By now, many of those claims
           | have been proven to be false.
           | 
           | People cheering Trump's ban never ask themselves a question,
           | what if this was a candidate they supported? They somehow
           | magically think that no, they'll never be supporting such a
           | horrible bad person so that the benevolent Twitter overlords
           | would have to suppress. Yeah, that is absolutely impossible.
           | Right. /s
        
         | verisimi wrote:
         | But its perfectly acceptable to delete the president's account
         | (Trump) on platforms that are perceived to open (Twitter)!
        
         | mcdonje wrote:
         | I don't know why anyone would trust Musk to champion free
         | speech.
         | 
         | He has no background with any org that works on protecting free
         | speech. He hasn't done work with the ACLU.
         | 
         | Billionaires buying media companies has been great for
         | broadcasting the billionaire perspective, but mixed at best on
         | free speech.
         | 
         | A lot of people currently decrying moderation activities on US
         | social media sites as being against free speech are the same
         | people supporting bills, mostly in state governments, that
         | limit free speech.
        
           | farmerstan wrote:
           | ACLU of 2021 no longer supports free speech. The ACLU of the
           | 80s and 90s were a bastion of free speech.
        
             | themitigating wrote:
             | Evidence?
        
               | nickrubin wrote:
               | https://www.nytimes.com/2021/06/06/us/aclu-free-
               | speech.html
        
               | farmerstan wrote:
               | The former head of the ACLU from the 80s who famously
               | defended the Nazis for free speech even though he is
               | Jewish has been rallying against the current ACLU for
               | precisely this reason.
        
           | areyousure wrote:
           | > He hasn't done work with the ACLU.
           | 
           | https://twitter.com/aclu/status/1009186716593393664
           | 
           | Contrast: https://www.wsj.com/articles/elon-musk-is-our-new-
           | aclu-11589...
        
             | ceejayoz wrote:
             | The WSJ, in that article, calls California's pandemic
             | restrictions "The most sweeping restrictions on liberty
             | ever seen", which is just an absurd assertion. Even if you
             | scope it to the US or even California, where Japanese-
             | American civilians, including children, were once relocated
             | into internment camps.
             | 
             | This is why people tend to roll their eyes at the WSJ
             | opinion section. (The journalism side, to be clear, is top-
             | notch.)
        
               | marcusverus wrote:
               | > The WSJ, in that article, calls California's pandemic
               | restrictions "The most sweeping restrictions on liberty
               | ever seen", which is just an absurd assertion. Even if
               | you scope it to the US or even California, where
               | Japanese-American civilians, including children, were
               | once relocated into internment camps.
               | 
               | Obviously the internment of Japanese folks during WWII
               | was far more intrusive than the COVID restrictions. But
               | that doesn't contradict the statement--they didn't say
               | "the harshest restrictions" or "the most egregious
               | restrictions", they said "the most sweeping
               | restrictions". The word sweeping is an adjective meaning
               | 'wide in range or effect'. It is simply a matter of fact
               | that the COVID restrictions, which affected ~40 million
               | people and resulted in the closure of 40,000 businesses,
               | were a more sweeping restriction on liberty than the
               | internment of 120,000 Japanese during the War.
        
               | ceejayoz wrote:
               | If you wanna be that charitable towards the claim, you've
               | still got to contend with the draft, wartime rationing,
               | censorship during WWII, the Sedition Acts, and many
               | others.
        
               | marcusverus wrote:
               | > You've still got to contend with the draft, wartime
               | rationing, censorship during WWII, the Sedition Acts, and
               | many others.
               | 
               | The only comparably broad measure you've listed is
               | wartime rationing. But the fact that wartime rationing
               | was as broad in scope as the COVID restrictions hardly
               | renders the WSJ's claim _absurd_.
        
               | ceejayoz wrote:
               | The draft permits the government to force any male
               | citizen 17-45 into the military, where they lack
               | significant Constitutional rights, can be sent to die in
               | combat, and be summarily executed.
               | 
               | The Sedition Acts variably restricted the First Amendment
               | rights to criticize the government of anyone in the
               | country.
               | 
               | How are these not broad?
        
               | shkkmo wrote:
               | Yet all you have shown is that the WSG claim is
               | debatable, not that it absurd.
               | 
               | Is it possible that you, like the WSG, enganged in a bit
               | of hyperbole to tru to make a point?
        
               | ceejayoz wrote:
               | No. California's restrictions haven't been "The most
               | sweeping restrictions on liberty ever seen" no matter how
               | charitably you approach and scope the claim. I entirely
               | stand by my opinion that it's absurd to state that.
        
               | shkkmo wrote:
               | There exists entirely plausible interpretations of
               | "sweeping" that place the california restrictions above
               | the examples you cited. The draft only targeted males of
               | specific ages, the sedition act removes a much "smaller"
               | set of rights...etc
               | 
               | To be clear, I think the WSG claim is hyperbole. However
               | it is a claim that could be reasonably argued to be
               | correct and is thus not literally "absurd". Thus I would
               | class is as hyperbolic and your use of the word as
               | figurative.
        
           | nradov wrote:
           | The ACLU no longer works on protecting some aspects of free
           | speech.
           | 
           | https://thehill.com/opinion/civil-rights/558433-the-aclus-
           | ci...
           | 
           | Which state government bills are you referring to?
        
             | mcdonje wrote:
             | https://www.chalkbeat.org/22525983/map-critical-race-
             | theory-...
        
             | ohwellhere wrote:
             | I live in Charlottesville and the ACLU caught a lot of flak
             | for supporting the KKK in a rally earlier that summer
             | before the August 12 Unite the Right rally. When they
             | backed down was the first time I started to pay attention
             | that maybe some of the criticism against the left's assault
             | on speech was legitimate.
             | 
             | (For the record, I am very far left, but from a time when
             | true free speech was a sacred left value.)
        
               | LanceH wrote:
               | The left has numbers now and many are changing their tune
               | to embrace an authoritarian stance on the "proper"
               | issues.
        
             | dahart wrote:
             | That article is a discombobulated conservative rant that
             | accuses all _corporate_ America of being leftist (please),
             | and contains zero verifiable details that support the
             | title, as far as I can tell.
             | 
             | What, exactly, is it saying the ACLU did? What, exactly, is
             | it referring to? The only sentence that even attempts to
             | answer that question is: "an ACLU official said it was
             | perfectly legitimate for his lawyers to decline to defend
             | hate speech."
             | 
             | That statement is a _fact_. Hate speech is explicitly
             | exempt from U.S. Free Speech protections. If you're going
             | to defend Free Speech, please read a little about the
             | limitations on Free Speech, and some of the history that
             | brought about those limitations.
             | https://en.wikipedia.org/wiki/Freedom_of_speech#Limitations
             | 
             | Limits on Free Speech is as much a conservative value as a
             | liberal value. Framing this as a leftist takeover of "woke"
             | values is a thinly veiled misinformation FUD campaign
             | designed to confuse you about what U.S. values are and
             | convince you liberals are attacking, while hypocritically
             | doing all the attacking. Don't let this junk work on you,
             | stay curious and seek verifiable facts, not tribal opinion.
        
               | refurb wrote:
               | _Hate speech is explicitly exempt from U.S. Free Speech
               | protections._
               | 
               | That's not true. The US restricts speech that incites
               | imminent criminal behavior. That's all.
               | 
               | The ACLU is famous for defend a Nazi rally through a
               | Jewish town of Skokie, IL.
               | 
               | That ACLU is dead now.
        
               | themitigating wrote:
               | https://www.aclu.org/cases/shurtleff-v-city-boston-
               | no-20-180...
               | 
               | In an amicus brief filed with the Supreme Court, the ACLU
               | and ACLU of Massachusetts argue that Boston's denial of
               | Camp Constitution's request to display its flag violated
               | the group's free-speech rights
               | 
               | On March 2nd 2022. You made the claim the ACLU is dead ,
               | what evidence do you have to support that?
        
               | Hasu wrote:
               | > Hate speech is explicitly exempt from U.S. Free Speech
               | protections. If you're going to defend Free Speech,
               | please read a little about the limitations on Free
               | Speech, and some of the history that brought about those
               | limitations.
               | 
               | Your own link makes it clear that in the US, hate speech
               | is protected speech.
               | 
               | "Hate speech is also protected by the First Amendment in
               | the United States, as decided in R.A.V. v. City of St.
               | Paul, (1992) in which the Supreme Court ruled that hate
               | speech is permissible, except in the case of imminent
               | violence"
        
               | nradov wrote:
               | That is not legally correct. Hate speech is _not_
               | explicitly exempt from US free speech protections. There
               | is no such law, you 're just making things up. Unless it
               | contains an explicit incitement to violence, hate speech
               | is completely legal. The link you cited doesn't support
               | your point.
               | 
               | The internal ACLU policy is apparently now to consider
               | politics when deciding which speech to defend. As a
               | private organization they're free to make those choices
               | but it's disappointing to see them retreat from the
               | values that I and other liberals hold dear.
               | 
               | https://fee.org/articles/the-aclu-is-no-longer-free-
               | speechs-...
               | 
               | And I am perfectly well aware of what real US values are.
               | Condescending advice from someone ignorant about basic
               | Constitutional law is not helpful or appreciated.
        
           | legulere wrote:
           | He tried to silence a teenager that was writing about him on
           | twitter.
        
             | missedthecue wrote:
             | This is the weirdest criticism to me. That teenager had a
             | very popular Twitter account shared in a couple major
             | publications, whose sole purpose is to show the world
             | Elon's live location.
             | 
             | This is especially odd coming from the privacy maximalists
             | at HN. How long would it take you to report a Twitter
             | account that Tweeted out your live location daily? Be
             | honest.
             | 
             | And then you use the word 'silence' which is far more
             | ominous than saying that he offered the kid $5000 for what
             | was about 15 minutes of python.
        
           | samstave wrote:
           | Interested in hearing your take on Bill Gates' qualifications
           | in various segments...
        
             | mcdonje wrote:
             | Mixed reviews. The Gates Foundation pushed an initiative to
             | grade teachers based on student test scores, essentially.
             | That only made problems in the education sector worse. Ask
             | any teacher and they'll tell you what the problems are, and
             | untalented teachers is pretty far down the list.
        
               | themitigating wrote:
               | That wasn't their intention, the Gates Foundation has
               | done massive amounts of good work, just because there are
               | unintended consequences doesn't change the intent
        
               | mcdonje wrote:
               | They swooped into a field they were not experts in and
               | caused problems. Intentions are beside the point. They
               | thought they were the smartest ones in the room but they
               | didn't understand the underlying issues.
        
             | rchaud wrote:
             | Bill Gates spends his ill-gotten monopoly profits on
             | funding research and wide scale critical public health and
             | education programs across the world and including America.
             | 
             | That's on an order of magnitude difference than the world's
             | richest meme-sharer purchasing the software company that
             | provides the meme-sharing infrastructure.
        
           | MetaWhirledPeas wrote:
           | > He has no background with any org that works on protecting
           | free speech.
           | 
           | I would argue Starlink occupies that role.
        
             | dahart wrote:
             | > I would argue Starlink occupies that role.
             | 
             | Please do. What is Starlink doing to protect free speech?
        
               | MetaWhirledPeas wrote:
               | Sending dishes to Ukraine?
        
               | ceejayoz wrote:
               | Ukraine is currently under martial law and has
               | significant restrictions on speech; it's (justifiably)
               | illegal, for example, to report on troop positions.
               | Starlink isn't changing that; it just provides internet
               | access, filtered through a local ground station subject
               | to any local laws and filtering that are applicable.
               | China has internet access, but not free speech. Same for
               | Russia.
        
             | sofixa wrote:
             | That's a very wild claim. How did you make that jump and
             | why Starlink and not _every other_ ISP?
        
               | kietay wrote:
               | I'm assuming because they offer open ISP services inside
               | jurisdictions where the government censors the Internet.
        
               | ceejayoz wrote:
               | Not in its current iteration, which relies on ground
               | stations in or near those countries. You're not gonna get
               | Starlink service in China or Iran, even if you can get a
               | dish.
        
         | cmatthias wrote:
         | You are conflating the concept of free speech with "free
         | reach."
         | 
         | At least in the US, you have always had the right to create
         | your own web site and say whatever you want. That right should
         | never be taken away. However, another privately-run website
         | should never be forced to broadcast anyone's content to
         | hundreds of millions of other people.
        
           | theandrewbailey wrote:
           | When that privately-run website becomes the public square (as
           | Twitter wants or has done), it should forfeit some moderation
           | rights.
        
             | wan23 wrote:
             | Twitter is an influential platform, but most people aren't
             | on it. It's not that big of a deal.
        
               | detcader wrote:
               | Newspapers are an influential platform, but most people
               | aren't reading them. It's not that big of a deal if the
               | government decided to censor them, agreed?
        
               | themitigating wrote:
               | I don't think you understand the original comment.
               | 
               | 1. Newspapers and Twitter should be able to and often
               | censor themselves 2. The government shouldn't censor
               | newspapers or Twitter.
        
               | cmatthias wrote:
               | Wait, either I'm missing something huge or this analogy
               | is fatally flawed.
               | 
               | Are you claiming that the _government_ is censoring
               | Twitter?
        
             | yardie wrote:
             | My city has a public square and a privately owned mall.
             | Just short of being violent you are allowed to do and say
             | as you wish in the public square. But most people prefer to
             | go to the much cleaner, privately owned mall. Where our
             | values and polite society are reaffirmed.
             | 
             | We choose moderation constantly in our lives,
             | intentionally.
        
               | detcader wrote:
               | Do you ask the Chamber of Commerce which malls and stores
               | to frequent whenever you want to shop? I think that would
               | be a great way to avoid the bad areas with all the hobos
               | and sketchy businesses that are probably fronts for drug
               | dealers anyway.
               | 
               | You can "choose moderation" by not viewing Twitter
               | accounts and conversations you don't care about and
               | muting words you dislike.
        
               | 7steps2much wrote:
               | > You can "choose moderation" by not viewing Twitter
               | accounts and conversations you don't care about and
               | muting words you dislike.
               | 
               | In that case however I would also like the possibility to
               | turn off any algorithms that recommend stuff to me. I
               | want to see only things i put on my whitelist, otherwise
               | i will have to constantly moderate and it will take up
               | loads of my time.
               | 
               | As long as that doesn't happen I am more than happy to
               | let others do the moderation based on some frameworks
               | that I agreed on (ToS in Twitters case).
        
               | stale2002 wrote:
               | > My city has a public square and a privately owned mall
               | 
               | Interesting that you bring up that example, because
               | private malls are absolutely required to follow certain
               | public accommodations laws, depending on the
               | jurisdiction.
               | 
               | So, just like private malls are forced to do certain
               | things by the government, people are saying that a
               | similar set of public accommodations, that we already
               | force malls to do, should be extended to other platforms.
               | 
               | EX: https://www.aclusocal.org/en/know-your-
               | rights/protesters
               | 
               | "Shopping malls must allow speech activity subject to
               | reasonable time, place and manner rules-- ask your local
               | mall for their rules."
        
               | yardie wrote:
               | This rule is almost certainly applicable to California.
               | Most mall protests that I've seen happen near the mall or
               | in front of the mall, rarely inside the plaza. And
               | usually with the agreement of the owners.
        
             | JumpCrisscross wrote:
             | > _When that privately-run website becomes the public
             | square (as Twitter wants or has done), it should forfeit
             | some moderation rights_
             | 
             | That's fair. Twitter is far from the public square. To lazy
             | journalists and addicts, sure. But plenty of discourse
             | manages just fine without it.
        
           | zionic wrote:
           | > you have always had the right to create your own web site
           | and say whatever you want
           | 
           | Try it. The DNS providers will delist you, cloudfare will ban
           | you, AWS etc etc. You'll lose your bank accounts too.
           | 
           | This isn't a game to the other side, we have freedom in
           | theory but little in practice.
        
           | needlefish wrote:
        
           | contravariant wrote:
           | The problem with this narrow definition is that in it you
           | _don 't_ have the right to create your own website, nobody is
           | forced to sell you the IP, hostname or bandwidth, and to the
           | extent that they are it's because letting private companies
           | dictate public discourse is a bad idea.
           | 
           | There's a fine line between not amplifying someone and
           | silencing them, and when the choices of very few privately
           | run websites affect who gets heard and who not then we should
           | be wary about them amplifying harmful speech and equally wary
           | about them silencing speech harmfully.
        
             | sidlls wrote:
             | We don't consider something a right based on whether it
             | costs money or not.
        
               | judge2020 wrote:
               | I think they're saying that private companies aren't
               | forced to actually rent you out a server, in which they
               | aren't, but that's simply those companies' own free
               | speech at work allowing them to choose who to associate
               | with. The same freedom to not rent out servers to some
               | racist/twitter canceled person gives them the freedom to
               | not associate with people who want to host vile and
               | disgusting porn on their servers.
        
             | cmatthias wrote:
             | I reject the notion that this is a narrow definition. In
             | the US, it's the _standard_ definition that was widely
             | accepted until the recent advent of the "but muh free
             | speech" people on twitter and other social media.
             | 
             | I'm also quite skeptical of the "slippery slope"-style
             | argument regarding IP connectivity. The number of available
             | ISPs, web hosts, domain registrars, etc is pretty large.
             | There are even web hosts that have an explicit policy of
             | letting you host _any_ content you want as long as it's not
             | against the law in their jurisdiction[0]. And they'll even
             | host it on a subdomain of theirs, if for some reason you
             | have trouble getting a hostname for your hateful or crazy
             | (but legally protected from censorship by the government)
             | blog. And if laws are ever made restricting what those web
             | hosts can do, then we're getting into the realm of the
             | government restricting free speech, which is a different
             | conversation entirely.
             | 
             | Regarding your second paragraph, the right to "get heard"
             | is not a right guaranteed to anyone, at least not in the
             | US. If you are spewing garbage, no one should be forced to
             | hear it.
             | 
             | (caveat: I'm in the US, so my opinions are US-centric)
             | 
             | [0] for example, https://nearlyfreespeech.net
        
               | foxhill wrote:
               | > In the US, it's the _standard_ definition that was
               | widely accepted
               | 
               | citation needed
               | 
               | > There are even web hosts that have an explicit policy
               | of letting you host _any_ content you want as long as
               | it's not against the law in their jurisdiction
               | 
               | perhaps, but how much pressure do you think _they_ could
               | take, if pressured to take down your content by other
               | private individuals  & corporations?
               | 
               | > the right to "get heard" is not a right guaranteed to
               | anyone, at least not in the US. If you are spewing
               | garbage, no one should be forced to hear it.
               | 
               | i don't think anyone is claiming that there is or should
               | be a right to be heard. this is an issue of control over
               | who _can_ be heard, and the distinction is important.
               | 
               | for example, in a "free" twitter, i could post some
               | racist tirade, and expect it to gain no traction/retweets
               | from my followers & some random others. people might see
               | it, but it is principally no different to making the same
               | speech in the city center: i'm going to be heard, but no
               | one is going to listen.
               | 
               | we're all talking in extremes here too, which really
               | isn't helping. yes, moderated platforms can remove
               | racism, abusive content, etc., but they can (and do) also
               | remove regular speech: more realistically, above, i would
               | have been more likely tweeting about the lab-leak
               | hypothesis of covid, back in the time where any proposed
               | cause other than the wet-market exposure hypothesis was
               | being labeled as racist. do you think people that have
               | been deplatformed/decried/cancelled for opinions like
               | that were retroactively recognized as being legitimate?
               | if so, where's the profit motivation in that?
        
               | themitigating wrote:
               | What would be worse for someone with a large number of
               | followers, like the president, to tweet?
               | 
               | Calling a black person the N word or accusing that person
               | of rape without evidence?
               | 
               | If removing racism is acceptable why not the latter?
        
               | cmatthias wrote:
               | > citation needed
               | 
               | Uh, the US constitution and a few centuries of case law?
               | 
               | > perhaps, but how much pressure do you think they could
               | take, if pressured to take down your content by other
               | private individuals & corporations?
               | 
               | The one example host I gave has been around 20 years. I
               | trust that they have a good legal team and have faced
               | mobs of angry people before, and that they'll continue to
               | be around for a while longer.
               | 
               | One problem that I didn't bring up in my original post is
               | that as soon as someone _can_ be heard on twitter, their
               | content is subject to algorithmic manipulation. So
               | someone 's fringe opinion could be broadcast to thousands
               | or millions of eyeballs and made to seem like much more
               | of a mainstream opinion like than it actually is.
               | 
               | In a perfect world, where no manipulation is possible, I
               | do agree with you that making sure people _can_ be heard
               | is the correct solution. But until or unless we get
               | there, my opinion is that letting the platform have
               | leeway to moderate content is the best path forward. If
               | people tweeting about covid lab leaks (which I 'm still
               | not sure would be considered a non-fringe opinion in
               | 2022) get caught up in that, then that sucks for them,
               | but the alternative is worse. They are still free to set
               | up their own site to discuss their theories.
        
               | foxhill wrote:
               | > Uh, the US constitution and a few centuries of case
               | law?
               | 
               | i'm sorry, i interpreted your point to broadly be "free
               | speech with limits", which i understand to be at-odds
               | with the constitutional definition.
               | 
               | > The one example host I gave has been around 20 years.
               | 
               | no offense intended to them when i say i don't recall
               | ever hearing about them in any setting, controversial or
               | otherwise, which would lead me to believe they haven't
               | experienced significant pressure to remove anything.
               | 
               | > [...] their content is subject to algorithmic
               | manipulation
               | 
               | yes, i agree. "the algorithm" makes astroturfing much
               | easier to perform and be effective.
               | 
               | > In a perfect world [...]
               | 
               | well then there's a bit of a bootstrapping problem here,
               | no? principles like free-speech were idealized and create
               | in order to _make_ the perfect world (for some values of
               | "perfect"). hell, in the "perfect" world, free-speech
               | wouldn't even _need_ protection. i don 't think it's
               | sensible to mandate a principle after the fact.
               | 
               | > which I'm still not sure would be considered a non-
               | fringe opinion in 2022
               | 
               | there is no scientific consensus yet - surprise surprise
               | - but we are at least now talking about it[1].
               | 
               | > but the alternative is worse
               | 
               | i'm not sure i agree with you here.
               | 
               | [1]: https://www.wsj.com/articles/another-potential-
               | covid-19-lab-...
        
               | cmatthias wrote:
               | > i'm sorry, i interpreted your point to broadly be "free
               | speech with limits", which i understand to be at-odds
               | with the constitutional definition.
               | 
               | Ugh, my main point is that the concept of "free speech"
               | in the US _is not relevant at all_ to the question of
               | whether a private entity can remove you from their
               | platform for saying something they don 't like.
               | 
               | You can claim that in the colloquial sense, the phrase is
               | used more liberally to mean any censorship whatsoever,
               | and that may be true. But in my opinion that is
               | conflating two concepts, and those doing so are either 1)
               | confused or 2) being deliberately dishonest by trying to
               | smuggle some sense of constitutional/government mandate
               | into the conversation.
        
               | foxhill wrote:
               | > Ugh, my main point is that the concept of "free speech"
               | in the US is not relevant at all to the question of
               | whether a private entity can remove you from their
               | platform for saying something they don't like.
               | 
               | and i'm saying that you appear to treat social media and
               | digital identity as some superfluous luxury that can be
               | revoked without consequence from an individual as
               | punishment (or for more dubious reasons), much like how
               | republicans view health care and social welfare: with the
               | notable exception of the US and one or two others,
               | _every_ country recognizes that private corporations must
               | provide health care (or the means to it - i 'm talking
               | about the equipment, education, etc. being provided
               | largely by non-governmental institutions), and citizens
               | must be allowed to access to it regardless of who they
               | are and what they've said, or even done.
               | 
               | yes, you are correct that the constitution does not
               | prevent private corporations from removing content that
               | they do not like, that is the point here. there is no
               | question over the legality of such removals, and i don't
               | think anyone here has tried to raise one.
               | 
               | i'm not trying to _smuggle_ constitutional /government
               | mandate, i'm _explicitly_ trying to discuss the notion of
               | whether or not it should exist.
        
               | shkkmo wrote:
               | > the concept of "free speech" in the US is not relevant
               | at all to the question of whether a private entity can
               | remove you from their platform for saying something they
               | don't like.
               | 
               | You seem to be confusing "free speech", the concept, with
               | "free speech", the legal right.
               | 
               | Most codifications of the legal right limit themselves to
               | protecting against certain types of government
               | interference.
               | 
               | However, the concept itself is absolutely not limited to
               | contexts where censorship is imposed by a government. To
               | try to impose this limitation is 1984-style thought
               | policing that tries to remove existing language to
               | control what can be said.
               | 
               | I'm not talking about some colloquial meaning, but the
               | core meaning of the concept of "freedom of speech".
        
               | cmatthias wrote:
               | I think we are actually saying the same thing, and my
               | language was imprecise, so I apologize.
               | 
               | My point is that in the US, the narrower
               | legal/constitutional concept of free speech is often
               | implied, inadvertently or deliberately, when people are
               | actually only referring to it in the broader sense that
               | you describe. For example, a banned Twitter user might
               | say things like "Twitter is a disgrace to democracy"[0]
               | which confuses others into thinking there is some
               | constitutional or legal harm being done when in fact
               | there is none.
               | 
               | I have no problem with having a debate about whether the
               | core concept of free speech is a universal right that
               | should be guaranteed everywhere (surprise: I don't think
               | it should be a universal right and I think it's downright
               | dangerous to society to force all private entities to
               | respect it). But I see the two meanings get confused so
               | much that I felt a need to call it out.
               | 
               | [0] https://www.newsweek.com/donald-trump-news-twitter-
               | marjorie-...
        
               | shkkmo wrote:
               | > and I think it's downright dangerous to society to
               | force all private entities to respect it.
               | 
               | I would whole heartdly agree with that, but only because
               | you added "all".
               | 
               | I think just as there is a balance in placing limitations
               | of corporate freedom of association just like placing
               | limits on free speech.
               | 
               | I do think that free speech is valuable enough that we
               | should carefully consider placing restrictions on how and
               | why large, oligopolistic corporations can exercise their
               | right to freedom of association.
               | 
               | I think a lot of this can be solved with a "user's bill
               | of rights" that protects users from arbitrary and
               | capricious enforcement of nebulous terms by service
               | providers.
               | 
               | I think most of the rest of this would be ideally solved
               | by narrowing or eliminating the types of moderation a
               | corporation can engage in while maintaining liability
               | protection under section 230. Possibly with language
               | giving special exemptions to community run moderation.
        
               | Sohcahtoa82 wrote:
               | > for example, in a "free" twitter, i could post some
               | racist tirade, and expect it to gain no traction/retweets
               | from my followers & some random others.
               | 
               | Nah, you'd get a whole bunch of followers who are happy
               | to see someone say the quiet parts out loud and would
               | retweet.
               | 
               | Without social media, overt racists have to meet in
               | private and the effects are local. With social media,
               | they get a microphone that reaches the world and it
               | spreads worldwide.
        
               | moduspol wrote:
               | > I'm also quite skeptical of the "slippery slope"-style
               | argument regarding IP connectivity. The number of
               | available ISPs, web hosts, domain registrars, etc is
               | pretty large.
               | 
               | We've already seen the goalposts move when AWS and CDNs
               | were dropping politically unpopular clients.
               | 
               | If it helps, we're already pretty close to the end of the
               | slope. There's a very limited number of last-mile ISPs,
               | so we're only one Twitter mob / protest away from Comcast
               | / Verizon / Cox / AT&T holding press conferences about
               | how they're blocking politically problematic domains and
               | IP addresses. Then it'll only be tech-savvy users with
               | VPNs that can access "free speech," at least until those
               | become the target of the mob, too.
        
               | cmatthias wrote:
               | I disagree that we're close to the end of the slope, but
               | I guess if you're right we'll find out soon enough.
               | 
               | I'm not a libertarian by any means but I do have some
               | amount of faith that if what you're describing comes to
               | pass, the free market will provide alternatives, if
               | demand exists. VPNs are one such alternative.
               | 
               | I truly believe that it's harmful to society to guarantee
               | free reach to everyone. It's kind of like the paradox of
               | tolerance, if you've heard of that -- if private entities
               | are barred from moderating content on their systems, the
               | discourse will devolve more than it already has into
               | conspiracy, hate, and other forms of unwanted content.
        
               | shkkmo wrote:
               | I don't think that the argument is that no platforms
               | should be able to moderate. Moderation is a high value
               | activity that is hard to do well.
               | 
               | The argument is that moderation should be done by
               | publishing companies and who face liability for their
               | content. It should not be done poorly, en-mass by
               | platform companies who do it at scale using automation
               | and don't face legal liability when they mess up.
               | 
               | The only exception I see to this is to allow community
               | organized and run moderation for noncommercial
               | communities.
        
               | themitigating wrote:
               | If publishing companies were liable for their content
               | wouldn't they censor more?
        
               | stale2002 wrote:
               | Publishing companies are already liable for their
               | content.
               | 
               | The argument is that, instead, these other, non-
               | publishing, major communication platforms should be
               | treated how we run other major communication platforms in
               | the past, such as the telephone network.
               | 
               | We have existing laws, that could be extend to cover
               | other communication platforms.
               | 
               | Telephone companies have been required to do certain
               | things for decades, and the world hasn't collapsed
               | because of it.
        
               | sangnoir wrote:
               | > If publishing companies were liable for their content
               | wouldn't they censor more?
               | 
               | They would - and and they are. That's why it's easier to
               | publish fanfic on the internet than with an actual
               | publisher. Tumblr is not on the hook for unauthorized
               | titillating usage of copyrighted Disney characters, but
               | HarperCollins would get sued to bankruptcy if they
               | attempted the same. This is why the calls to repeal
               | section 319 is idiotic - it will lead to more
               | "censorship"
        
           | overrun11 wrote:
           | You claim to support private companies adopting whatever
           | moderation policies you want and yet your examples of
           | "hate/conspiracy bullshit" go against this. If you believe
           | this absolutely then _what_ is being censored would be
           | unimportant.
           | 
           | You are unwilling to confront the idea of Twitter censoring
           | true things that you agree with but by your own principles
           | you'd find this agreeable.
        
             | cmatthias wrote:
             | I'm sorry if "hate/conspiracy bullshit" was too
             | inflammatory or specific here. I meant it as a stand in for
             | "any content that most would find objectionable." I've
             | edited my post to remove that language. You are correct
             | that I do believe that what is being censored is
             | unimportant.
             | 
             | Please don't presume what I am or am not willing to do.
             | 
             | I am perfectly willing to confront the idea that Twitter is
             | censoring true things that I agree with: it's fine with me.
             | I'm not sure if they're already doing that, but they have
             | every right to, just as I have every right to use (or
             | create) an alternative platform.
        
           | soundnote wrote:
           | I propose that water companies don't have to promote your
           | ability to speak either by selling you water. You can collect
           | rainwater provided by nature just fine. Same with gas
           | stations and transport: You're not owed free reach, people
           | back in the day just walked where they wanted to get to.
           | Cars, electricity and running water are just modern
           | conveniences.
        
             | edmundsauto wrote:
             | This is a poor metaphor. Water companies provide something
             | essential for life and are de facto gov't entities. It's
             | unclear if your objective was to change people's minds, or
             | just to mock OP with a shallow dismissal, but either way
             | it's a weak argument unless you establish why these
             | comparisons are valid.
        
           | snarf21 wrote:
           | Wow, that is an amazing way to describe it. I've never heard
           | that before. That is a great framing of the debate: free
           | speech doesn't mean free reach. I don't know who made it up
           | (kudos to you if you did) but having terms to describe each
           | part of the issue is very helpful. TIL
        
             | rchaud wrote:
             | It's a useful framing to to have, because "reach" is indeed
             | the issue. Analogies to "guy yelling in the town square"
             | aren't valid with Twitter because the town square doesn't
             | have algorithms that moderate how often the town crier is
             | audible to the public. And the town square also never had
             | automated bots that parrot the criers' views (or contrary
             | view) at zero marginal cost.
             | 
             | if Musk takes over Twitter, we'll be able to see how much
             | 'freedom' he tolerates when the topics are things he has
             | personal interests in.
        
             | aqsalose wrote:
             | So, what if all the publishers in one country _just so
             | happen_ to decide that Mr. Solzhenitsyn 's book "Gulag
             | Archipelago" is politically very uncomfortable to the
             | ruling elite and all decline to publish it? This was
             | Finlandized Finland in the 1970s. (To be clear, government
             | didn't formally ban it. All publishing houses were
             | privately owned companies. Yet somehow the decision was
             | made.)
             | 
             | Maybe nobody is entitled to book publishers providing "free
             | reach" of publishing your book, especially in thousands of
             | copies. Yet something went wrong there. I don't have a
             | catchy slogan for it, but sometimes the decisions to
             | prevent reach are functionally antithetical to the purpose
             | of free press.
        
             | cmatthias wrote:
             | Thank you! I did not make it up but I don't recall where I
             | first heard it, unfortunately. But I am definitely not
             | claiming credit for it! :)
        
           | jrsj wrote:
           | These companies all spy on you on behalf of the government
           | and have censored legitimate news stories in a coordinated
           | fashion to manipulate an election. Their connections to
           | intelligence agencies alone make them effectively public
           | institutions in my view.
        
             | judge2020 wrote:
             | If you have any proof feel free to drop it.
             | 
             | The thing that has historically made a company bound to
             | free speech is whether or not the government requires them
             | to specifically search for certain types of infringing
             | content. Coincidentally, this is the current legal
             | framework that makes reporting images of child abuse legal:
             | companies can voluntarily choose to to either not scan for
             | CSAM, or can choose to scan for CSAM and must report it to
             | NCMEC if they find any, and Apple is a prime example of a
             | company that doesn't scan for it[0].
             | 
             | If the government is asking a company to go searching for
             | specific otherwise legal content, that would be pretty good
             | evidence for a court case to be made.
             | 
             | 0: "Of all of the companies identified by NCMEC, I only saw
             | one that had an unexpected decrease in reporting: Apple.
             | According to NMEC, Apple submitted 205 reports in 2019 (a
             | third my my reporting volume). Apple increased a little, to
             | 265 in 2020, but then dropped in 2021 to only 160 reports.
             | That's nearly a 22% decrease over two years!" https://www.h
             | ackerfactor.com/blog/index.php?/archives/955-NC...
        
               | jrsj wrote:
               | Hunter Biden laptop story was legit & censoring it across
               | all social media simultaneously was absurd. Considering
               | his financial connections to Ukraine & current events
               | it's even more fucked up that it was censored.
        
               | judge2020 wrote:
               | Proof that it was censored by the United States
               | government is what decides if it's legal censorship.
        
           | Andrew_nenakhov wrote:
           | No I'm not conflating these concepts.
           | 
           | No, you can not create your own website. Take this Parler
           | debacle: booted off appstores, AWS, DNS providers,
           | Cloudflare, etc.
           | 
           | Go build your own internet, we're in a free country? Not that
           | I have sympathies for Parler folks, but I was horrified when
           | people even here were cheering at Parler's demise. Don't you
           | look somewhat ahead? Don't you see how many centralized
           | gatekeepers are now everywhere? The potential of abuse to
           | quash dissent is immense, and the possibility of all
           | gatekeepers closely allying with the government is not alien
           | to me. I have seen this happen right in front of me. When it
           | will happen in your country, it'll be too late.
           | 
           | The reality is that some companies are so dominant in their
           | respective fields, that it is in the interests of society
           | they _should not_ discriminate anyone if they don 't like
           | their views. Google and Apple should not be the ones to
           | decide if the user can install the app on his device, even if
           | this app is made by a militant far-right neo-nazi group. DNS
           | providers should do their technical job and not engage in
           | censoring websites spreading views they don't like.
        
             | cmatthias wrote:
             | > No, you can not create your own website.
             | 
             | Yes, in the US, you can. Giving me an example of one site
             | that was booted off a small set of providers does not
             | disprove that.
             | 
             | I do completely agree with you that having e.g. Apple be
             | the sole gatekeeper of what users can install on their
             | platform is problematic, but I view this as somewhat
             | orthogonal to the Twitter censorship question. IMHO Apple
             | should be required to allow users to install apps
             | downloaded from alternative sources, however I still don't
             | feel they should be compelled to host apps in their own
             | store.
             | 
             | I'm not sure there's a great way to map the above opinion
             | to Twitter -- maybe something like forcing twitter to
             | become federated/decentralized would be the closest. But I
             | am not convinced that Twitter is of the same size as Apple
             | where we should mandate that. I don't regularly use twitter
             | and I don't feel that we, as a society, are nearly as
             | dependent on it as we are on phone manufacturers.
        
           | psyc wrote:
           | The ability to do this depends on the will of private hosting
           | providers and ISPs. It's the same problem. It's infeasible to
           | maintain a site that permits all legal speech. It's a
           | constant legal battle and you'd better know a great lawyer
           | who believes in the cause enough to work pro bono.
        
             | judge2020 wrote:
             | For reference, Compuserve was an ISP that historically
             | didn't moderate ony of its content on its forums, under the
             | legal framework that not moderating anything meant
             | Compuserve wasn't liable for any of its content, while
             | another ISP Prodigy lost a defamation lawsuit because they
             | did moderate their forum's content. This gave rise to the
             | Communications Decency Act which allows these services to
             | moderate some content without being civilly liable for all
             | of the content on their service.
             | 
             | Compuserve:
             | https://en.wikipedia.org/wiki/CompuServe#Legal_cases
             | 
             | Stratton Oakmont, Inc. v. Prodigy Services Co.: https://en.
             | wikipedia.org/wiki/Stratton_Oakmont,_Inc._v._Prod....
             | 
             | Legal Eagle video if you prefer his video format:
             | https://youtu.be/eUWIi-Ppe5k?t=243
        
           | foxhill wrote:
           | where does this argument end, exactly?
           | 
           | it seems that the majority of people grossly underestimate
           | corporation's level of involvement in our every day lives: if
           | i were to become a persona non grata to google, apple, HN,
           | social media, etc., how would i talk to _anyone_? how could i
           | do _anything_? isolation will cause more harm than
           | incarceration, yet i am not recognized a right to trial. not
           | that it would matter anyway, the decision would likely be
           | made algorithmically, without any one human knowing _why_ it
           | 's happened.
           | 
           | what i'm saying is: corporations have come to own the
           | infrastructure of our modern society. the protections that
           | freedom of speech gave were (and still are) valuable in the
           | context in which they were made. they don't address the
           | reality that communication is fundamentally different to how
           | it was in the 19th century.
        
             | judge2020 wrote:
             | But would this still extend to 'free reach'? ie. if I go on
             | Twitter, and say horrible things, then everyone blocks me,
             | is my free speech being impeded because Twitter allows
             | these people to block me? What about the algorithm, if
             | Instagram's stories feature tries to show new videos based
             | on people's interests, can I sue them for not showing my
             | videos to other people?
        
               | foxhill wrote:
               | > is my free speech being impeded because Twitter allows
               | these people to block me?
               | 
               | of course not. if you choose to block me, i am not
               | prevented from communicating with others.
               | 
               | > What about the algorithm, if Instagram's stories
               | feature tries to show new videos based on people's
               | interests, can I sue them for not showing my videos to
               | other people?
               | 
               | the algorithm is the problem: if you subscribe/follow,
               | you should see all the content (this is how facebook used
               | to be).
        
               | themitigating wrote:
               | What if I agree to let Twitter block people for me in
               | order to make the platform a better experience?
               | 
               | When you sign up for a service that moderates content
               | that's what happens.
        
               | judge2020 wrote:
               | TikTok is only as big as it is because of its efficient
               | and useful algorithm/'for you' page. It's a testament to
               | the fact that even the small amount of friction
               | introduced in signing up and managing a friends list is
               | too much for most people.
        
             | cmatthias wrote:
             | > if i were to become a persona non grata to google, apple,
             | HN, social media, etc., how would i talk to anyone? how
             | could i do anything?
             | 
             | I honestly don't understand this argument at all.
             | 
             | To answer your question, you could:
             | 
             | - Use one of the thousands of other available email
             | hosts/search engines/cloud providers/etc besides Google or
             | Apple - Pick up the phone and talk to people to get things
             | done - Leave your house to talk to people and do things -
             | Find something enjoyable to do with all of the free time
             | you've gained now that you're off of social media and HN
             | 
             | But more importantly, you're saying that without those
             | companies you somehow can't live your life? In that case I
             | just flat-out disagree. I believe that most people make
             | social media out to be more important than it is, and this
             | feels like the extreme of that style of argument.
        
               | foxhill wrote:
               | > Use one of the thousands of other available email hosts
               | 
               | when was the last time you sent (or received) an e-mail
               | outside of the context of work, or to interact with a
               | company?
               | 
               | > Pick up the phone
               | 
               | apple and google make the phones! my network provider is
               | also a private company, too, they have no requirement to
               | provide me a phone service.
               | 
               | > Leave your house to talk to people and do things
               | 
               | people no longer go to their friends front doors without
               | calling ahead/planning first. millennials (my generation)
               | aren't great at spontaneity in this regard. gen Z are
               | even worse.
               | 
               | > Find something enjoyable to do with all of the free
               | time you've gained now that you're off of social media
               | and HN
               | 
               | i _already_ don 't use most social media. i don't go on
               | facebook, twitter, tik tok, etc. i watch youtube videos
               | and go on hacker news, and even then i rarely interact.
               | 
               | but if apple cut me off of icloud, facebook from
               | whatsapp, etc. my life would be difficult enough. it
               | would only take a couple of other companies to make it a
               | nightmare. how many stories have landed on the HN front
               | page about how a sudden dismissal from google has really
               | screwed up someones online (and often real) life? and
               | these are just the ones we here about..
               | 
               | private _social media_ isn 't the problem (although it
               | _is_ a problem). i 'm saying that so much of our lives
               | are very tightly embedded with a handful of private
               | companies, and them having control over that isn't a
               | great way to be.
        
               | cmatthias wrote:
               | > when was the last time you sent (or received) an e-mail
               | outside of the context of work, or to interact with a
               | company?
               | 
               | This morning, a few hours ago.
               | 
               | > apple and google make the phones! my network provider
               | is also a private company, too, they have no requirement
               | to provide me a phone service.
               | 
               | No, there are plenty of other phone manufacturers besides
               | Apple and Google. Just as there are plenty of phone
               | service providers, both mobile and VoIP. If they are all
               | blocking/refusing you service, that would be quite a
               | story, and I might change my opinion, but I've never
               | heard of that happening.
               | 
               | > millennials (my generation) aren't great at spontaneity
               | in this regard. gen Z are even worse.
               | 
               | I'm a older/early millenial (Xennial to some people). I
               | agree with you but I don't see how you'd ever be
               | completely blocked from using a phone.
               | 
               | > private social media isn't the problem (although it is
               | a problem). i'm saying that so much of our lives are very
               | tightly embedded with a handful of private companies, and
               | them having control over that isn't a great way to be.
               | 
               | I agree with you 100%. The way to regain control is not
               | to use the government to force them to provide a platform
               | to racists, it's to ensure that you disentangle yourself
               | from their systems as much as you can. Make sure you have
               | a plan for what to do if your Whatsapp or iCloud account
               | is banned by an algorithm with no recourse.
               | 
               | Are irreversible algorithmic bans the best way for
               | companies to operate? Clearly not, it sucks. And maybe
               | there's room for legal solutions to mandate open appeals
               | processes, etc. But the alternative of forcing companies
               | to give everyone a platform is way worse, IMHO.
        
               | foxhill wrote:
               | > This morning, a few hours ago.
               | 
               | surely you must recognize that you are likely in the
               | minority of e-mail users?
               | 
               | > Just as there are plenty of phone service providers
               | 
               | two or three, really. and many areas in the US are
               | limited to one or two.
               | 
               | > If they are all blocking/refusing you service, that
               | would be quite a story, and I might change my opinion,
               | but I've never heard of that happening.
               | 
               | didn't trump's twitter platform get banned from all the
               | common cloud providers? is it that much more ridiculous
               | to think that they would be unable to colo with anyone?
               | 
               | to be clear, i'm personally happy that it doesn't exist,
               | and this isn't the same thing. but just because i don't
               | agree with it... i know it's not the same thing as what
               | we're talking about, but i don't think you don't need to
               | squint too hard to see the parallel and the precedent.
               | 
               | > but I don't see how you'd ever be completely blocked
               | from using a phone
               | 
               | indeed, i'd still be able to use my nokia 3310, and
               | predictive text my way around social life, but it would
               | be an incomplete existence (these days).
               | 
               | in any case, you don't need to be blocked from using a
               | _phone_. you need only be blocked from using the various
               | platforms that people use today.
        
               | cmatthias wrote:
               | > surely you must recognize that you are likely in the
               | minority of e-mail users?
               | 
               | No, I don't recognize that. Citation needed.
               | 
               | > didn't trump's twitter platform get banned from all the
               | common cloud providers? is it that much more ridiculous
               | to think that they would be unable to colo with anyone?
               | 
               | I don't know, but as to your last question, yes, that's
               | ridiculous, as there are thousands of datacenters out
               | there.
               | 
               | Besides, Trump's twitter platform is not a person. It's a
               | business with many more resources than the the vast
               | majority of individuals have. It's dangerous to start
               | from the principle that this organization should have the
               | same rights as a natural person.
               | 
               | > two or three, really. and many areas in the US are
               | limited to one or two.
               | 
               | You're talking about mobile providers. I specifically
               | mentioned mobile and VoIP and you cut that part out. I'm
               | done here as you don't seem to be willing to have an
               | honest discussion.
        
               | foxhill wrote:
               | > No, I don't recognize that. Citation needed.
               | 
               | fair enough. finding data wasn't easy. the best i could
               | get that is somewhat related was this article from 2015
               | on teenage communication habits, which states that around
               | 6% of teens use e-mail to communicate daily with their
               | friends[1] (making it the least used form of
               | communication). and this is pre-tiktok, so i'd _expect_
               | this number to have decreased.
               | 
               | > Besides, Trump's twitter platform is not a person.
               | 
               | indeed, but the people using probably were. not that
               | that's important: constitutionally, corporations have the
               | same protections as people, indeed the US legal fiction
               | of corporate personhood is practically a meme now. from
               | [2]:
               | 
               | > Since the Supreme Court's ruling in Citizens United v.
               | Federal Election Commission in 2010, upholding the rights
               | of corporations to make unlimited political expenditures
               | under the First Amendment [...]
               | 
               | so it appears the supreme court agrees that free-speech
               | protections apply to corporations.
               | 
               | > yes, that's ridiculous, as there are thousands of
               | datacenters out there.
               | 
               | well then, where is the site now?
               | 
               | > I specifically mentioned mobile and VoIP and you cut
               | that part out.
               | 
               | apologies, i presumed you understood that the IP in VoIP
               | indicates that an internet connection is required for the
               | voice to go over, and that without a mobile service
               | provider, that could be.. logistically challenging :)
               | 
               | > I'm done here as you don't seem to be willing to have
               | an honest discussion.
               | 
               | :/ ok then, i guess.
               | 
               | [1]:
               | https://www.pewresearch.org/internet/2015/08/06/teens-
               | techno...
               | 
               | [2]: https://en.wikipedia.org/wiki/Corporate_personhood
        
         | jackallis wrote:
         | along this point, if you beleive in free speech if you have to
         | defend speech that you don't like/disgree with/...
        
         | petilon wrote:
         | I think a distinction should be made between restrictions (on
         | speech) by government, and restrictions by private entities.
         | The former is dangerous, the latter is necessary.
         | 
         | Societal attitudes towards free speech have changed a lot in
         | recent times. I believe this is related to technological
         | advancement and the rise of social media. The advent of social
         | media has made it too easy to spread dangerous levels of hate
         | and false information online. Malicious individuals and groups
         | now have the power to reach hundreds of millions instantly, at
         | no cost to themselves. It started off innocently enough, with
         | cat videos uploaded to YouTube, but soon extremists were taking
         | advantage of social media for radicalization purposes,
         | adversarial nations were spreading fake news to influence who
         | gets elected, and others were even live-streaming mass murders.
         | This has caused an upheaval in attitudes towards free speech.
         | Enough is enough! There needs to be limits. Communities started
         | imposing limits to free speech. Society -- as opposed to
         | governments -- have decided that some censorship is in order.
         | This is a natural evolution of societal norms. This particular
         | evolution was a reaction to the excesses and abuses seen in
         | social media. Some censorship, by private parties such as
         | Twitter, as opposed to absolute free speech, will be the new
         | normal.
         | 
         | We live in a new world; the old norms no longer apply.
        
           | shkkmo wrote:
           | > a distinction should be made between restrictions (on
           | speech) by government, and restrictions by private entities.
           | The former is dangerous, the latter is necessary.
           | 
           | Both are both. There is no country (AFAIK) in the world where
           | there are no restrictions on speech.
           | 
           | I think another distinction needs to be drawn: Moderation of
           | communities that is organized and controlled by the community
           | is structurally different from externally imposed rules and
           | standards.
           | 
           | There are structural power issues with the latter that need
           | to be acknowledged and which should lead to to try to limit
           | it where feasible.
        
         | pmoriarty wrote:
         | So you're against any limits on speech whatsoever, including
         | the proverbial "shouting Fire! in a crowded theater" and
         | inciting an angry mob to lynch their victim?
        
           | suction wrote:
           | sounds like it. Or maybe he (and others like him) just lack
           | the ability to think it through.
        
           | ryeights wrote:
           | >shouting Fire! in a crowded theater
           | 
           | Please stop using this quote...
           | 
           | https://www.theatlantic.com/ideas/archive/2022/01/shouting-f.
           | ..
           | 
           | https://www.theatlantic.com/national/archive/2012/11/its-
           | tim...
        
           | [deleted]
        
         | boppo1 wrote:
         | Which country? Somewhere in the Middle East?
        
         | ransom1538 wrote:
         | We must stop free speech! I am against Musk's actions - he will
         | end up letting people speak. Saying what you want is too
         | dangerous! When guests speak at colleges scream and yell! We
         | must fight for no free speech!!! I beg you our democracy[1] is
         | at stake! Ban all free thinking discussions!
         | 
         | [1] democracy is a system that only works if everyone thinks
         | the same.
        
         | consumer451 wrote:
         | Please give me specific examples of exactly what you mean by
         | "free speech."
        
         | yummybear wrote:
         | I understand what you're saying. A problem is we have enemies
         | weaponizing free speech as propaganda through social media. We
         | have fascist wannabe dictators with a speaker in every citizens
         | wallet. We have role models peddeling antiscientific junk to
         | our kids.
         | 
         | This isn't the free speech of the 1900's. Social media is a
         | game changer and a possible weapon of mass destruction - imo.
         | 
         | Free speech to me doesn't mean you get to say everything
         | everywere. Try standing up in a restaurant and shout political
         | propaganda - you're gonna get thrown out.
        
           | throwaway4aday wrote:
           | This is great evidence that most people know nothing about
           | history. The same arguments have been made about TV, Radio,
           | Magazines, Newspapers, Books, Philosophy and practically any
           | other medium that people have used to convey ideas. This is
           | exactly why you need to protect an individuals rights to free
           | speech and expression from anyone with power because chances
           | are that they'll have a biased streak a mile wide and won't
           | be ashamed to impose their personal view of how the world
           | should be on everyone around them no matter how much human
           | suffering it produces. The only way to have a free society is
           | to realize that everyone, the president, your hairdresser,
           | doctors, factory workers, lawyers, farmers, journalists,
           | grocery store clerks and you and me are all flawed, weak,
           | limited human beings who are mostly trying to be good but are
           | perfectly capable of evil at any turn and so we have to all
           | agree to limit anyone's power over anyone else to the largest
           | extent possible. If we misjudge and allow too much power to
           | collect in any one office then we will inevitably be
           | subjugated by it as it uses that power to accrue more and
           | more influence over time and as we roll the dice with every
           | new person that takes control of it. This has played out
           | throughout all of human history and there's absolutely
           | nothing about our time that guarantees it won't happen again.
        
             | sofixa wrote:
             | And TV, Radio, Books, Magazines, newspapers were time and
             | again weaponised against democracy, up to and including
             | genocides. The Nazis, RTLM, Pravda, Facebook, Murdoch to
             | name just a few examples.
        
               | throwaway4aday wrote:
               | Any tool can be a weapon. Those communication media have
               | also spread democracy and toppled dictatorships as often
               | as they have been perverted by them. Crippling those
               | tools only favors the people in power and those people
               | will be tyrants sooner or later.
        
         | watwut wrote:
         | This meme about first world countries not valuing freedom and
         | freespeach while people from formerly authoritarian place
         | understand it better if common on HN.
         | 
         | But meanwhile, first world countries are significantly less
         | likely to slip into full on authoritarianism and generally do
         | better in that regards.
        
         | kmeisthax wrote:
         | Lots of extremists, especially in the authoritarian[0] or
         | right-wing edges of the political compass, practice various
         | forms of censorship. This isn't merely "let's pass a law to
         | make it illegal to say a thing", but would also include things
         | like harassing other people in public forae with sock-puppets,
         | ballot-stuffing online polls to make their side look more
         | publicly favored, flooding websites with expensive HTTP
         | requests (DDoSing), or publishing personal or hidden
         | information in an attempt to scare someone into not speaking
         | (doxxing). All of the above behaviors should be considered just
         | as censorious as vanilla-flavor state-actors censorship.
         | 
         | Furthermore, because these behaviors nominally involve
         | something that _resembles_ an act of speech, people
         | occasionally try to defend said acts on  "free speech" grounds
         | and call the curtailment of censorship acts itself a form of
         | censorship. This is a mistake. Fringe extremists are not merely
         | "spreading their ideas", they are chilling other people's
         | speech. This is just as much of a danger to society as the
         | banning of other people's views that you mentioned.
         | 
         | [0] auth-left inclusive, fuck tankies
        
         | ladyattis wrote:
         | >Sometimes even coming to such views as "free speech is
         | dangerous" and that "we should limit free speech" (by blocking
         | the views I don't like).
         | 
         | Yeah right, saying me not listening to a screaming preacher on
         | the street is the same as the state locking them away is why I
         | don't listen to free speech absolutists. Me having a blocklist
         | or using an app to construct one is not an impediment to your
         | freedom anymore than me changing the channel on my TV is an
         | impediment to the freedom of a random news anchor
         | editorializing.
         | 
         | If you really want to support free speech then support the
         | right to not listen. They go hand in hand. Stop trying to force
         | people to be captive audiences then we might have a starting
         | point.
        
         | badrabbit wrote:
         | Twitter and freedom of speech are unrelated topics. You don't
         | understand freedom of speech. I can literally censor you in
         | public and that has nothing to do with freedom of speech. Also,
         | tell Rwandans spreading propaganda is better than not being
         | able to say what you want (genocide and all).
        
         | wwweston wrote:
         | I'll worry the moment the state makes expression of ideas
         | illegal.
         | 
         | When it comes to private vehicles for speech, the right to
         | amplify or attenuate speech carried on these vehicles _is
         | itself a free speech right_.
         | 
         | Newspapers can exercise editorial judgment. Forums can create
         | policies. These policies can be regarding how discourse is
         | conducted, they can even be topical. Your Math Professor can
         | shut down your classmate's extemporaneous treatise about the
         | gold standard taking up time in linear algebra class. Time,
         | place, and manner matter.
         | 
         | Everyone has a right and a responsibility to curate
         | conversation in a way that serves the discourse for their
         | sphere of influence -- except the state itself.
         | 
         | Everyone also has the right and responsibility to create a new
         | forum or sphere to discuss ideas they feel aren't being poorly
         | served elsewhere. Or, if they wish, any ideas without
         | limitation at all.
        
           | Pxtl wrote:
           | > I'll worry the moment the state makes expression of ideas
           | illegal.
           | 
           | Uh, we already do that. Fraud, defamation, uttering threats,
           | false advertising, perjury, filing a false report, etc.
           | 
           | At this point the distinction that matters is what we choose
           | to protect from such ideas.
           | 
           | "Keira Knightly is anorexic" is an idea that is illegal -- ht
           | tps://www.theguardian.com/media/2007/may/24/dailymail.pres...
           | 
           | "Climate change is fake" is, apparently, not one.
        
             | wwweston wrote:
             | > Uh, we already do that. Fraud, defamation, uttering
             | threats, false advertising, perjury, filing a false report,
             | etc.
             | 
             | Sometimes I think "free speech" is a misnomer, and the
             | common phrase should be "freedom of discourse."
             | 
             | Fraud, defamation, threats, perjury etc aren't really
             | discourse. They don't serve ideas (and in fact, tend to do
             | violence to ideas).
             | 
             | In any case, you're correct that 1st amendment and other
             | free speech rights are not unlimited indulgences that
             | excuse one from certain legal obligations to be truthful,
             | or to not threaten. In spite of this, the US and most
             | industrialized democracies remain remarkably supportive of
             | freedom of discourse from a state perspective.
        
               | Pxtl wrote:
               | The question is where's the line?
               | 
               | ---
               | 
               | 1) "I'm skeptical about climate change"
               | 
               | 2) "Climate science is obviously very wrong, the Earth is
               | changing on its own."
               | 
               | 3) "Climate change is fake and it's a conspiracy"
               | 
               | 4) "Climate change is fake because George Soros is trying
               | to hurt America so his secret Jewish cabal can rule the
               | world"
               | 
               | 5) "Climate change is fake because George Soros is trying
               | to hurt America so his secret Jewish cabal can rule the
               | world and here are specific plans for the violence
               | necessary to stop it"
               | 
               | ---
               | 
               | We cross the line into "not truthful" at 2. Moderation
               | doesn't take it seriously until 4. Law enforcement
               | doesn't take it seriously until 5, if ever.
        
               | wwweston wrote:
               | Moderation in a private vehicle for speech _could_ take
               | it seriously at any stage they choose (and I 'd argue
               | that the freedom to decide where the line is inside
               | private stewardship is in fact part of freedom of
               | discourse).
               | 
               | And there probably _should_ be forums which have content
               | standards based on truth according to the best efforts of
               | those running the place to determine the truth. Perhaps
               | not _every_ forum should be that way, but some could be,
               | and I think that 's the standard that things like
               | scientific journals aspire to.
               | 
               | #4/#5 -- I have questions about whether police/executive
               | enforcement should be directly dealing with cases like
               | this, but it certainly seems to me that people would be
               | within their freedom of discourse rights to take someone
               | making those statements to court. And courts are also
               | places where questions of truth/fact are taken seriously
               | along with questions of law, and obligation to be
               | truthful solidly outweighs any freedom some might imagine
               | they have to lie.
        
               | themitigating wrote:
               | The difference between a fact and an opinion.
               | 
               | 1 and 2 are opinions
               | 
               | 3, 4, and 5 are false
               | 
               | An opinion can't be falsifiable
        
         | bdcravens wrote:
         | > Coming from a country that had made a transition from a
         | (rather messy) democracy to an authoritarian fascist police
         | state in just 15 years, I tell you this: it all started with
         | limits on the freedom of speech.
         | 
         | Was this the government restricting speech, or private
         | enterprise?
        
         | kingkawn wrote:
         | Next up on the agenda at the straw man convention...
        
         | suction wrote:
         | Your personal story might colour your preference here. I still
         | think the Western European model of "Free Speech with
         | consequences" is the best one around.
         | 
         | If you have a huge following and use Twitter to say without
         | evidence "restaurant xyz uses rat meat don't go eat there, or
         | 'Tim Cook has AIDS and will die in 3 months'", then that would
         | be protected by free speech like the right-wingers want it.
         | 
         | But in the Western European model, you could be sued for making
         | those claims and effectively hurting the restaurant, Tim Cook,
         | and the Apple stock price.
         | 
         | I'd rather live in a society where that's not possible without
         | dire consequences for the fraudulent "free speech" abuser.
        
           | ekianjo wrote:
           | > f you have a huge following and use Twitter to say without
           | evidence "restaurant xyz uses rat meat don't go eat there, or
           | 'Tim Cook has AIDS and will die in 3 months'", then that
           | would be protected by free speech like the right-wingers want
           | it.
           | 
           | ridiculous strawman. thats called defamation and you will be
           | sued everywhere for it.
        
             | Hamuko wrote:
             | Remember the time Elon Musk called someone a "pedo guy"?
        
               | ekianjo wrote:
               | And he was sued.
        
               | cduzz wrote:
               | I believe you can sue anyone for anything. I don't think
               | anything happened except people wasted time. There were
               | no outright consequences for calling someone "pedo guy".
               | The threat of law suits has certainly not bothered Alex
               | Jones much.
               | 
               | You've got more free speech if you've got more money.
               | 
               | https://www.gawker.com/how-things-work-1785604699
        
               | ekianjo wrote:
               | You have got more of everything when you have more money.
               | Thats not a very insightful observation to make.
        
             | suction wrote:
             | But the thing is, defamation would be legal under absolute
             | free speech. Nobody could sue for it.
        
               | qsi wrote:
               | Perhaps "free speech absolutism" isn't quite the right
               | framing here, but more "First Amendment absolutism," with
               | all the known bounds and checks (defamation, libel,
               | incitement to violence). It does give a US-centric bias,
               | but may better convey the meaning and intent.
               | 
               | "Go lynch this man" is speech, but is not protected under
               | the First Amendment. And the First Amendment gives much
               | broader protection than most countries' legal systems do.
        
               | ekianjo wrote:
               | The first amendment does not protect anyone who says fire
               | in a theater. Dont make the argument more absurd that it
               | needs to be.
        
           | BrianOnHN wrote:
           | "Abuse" is mostly subjective.
           | 
           | There need to be equal repercussions for fraudulently
           | claiming abuse, too. Search SLAPP to learn more about the
           | current lack of repercussions against wealthy entities suing
           | journalists.
        
             | TimPC wrote:
             | SLAPP may be too strong but I don't think it's an
             | unreasonable position that libel rights be enforceable at
             | reasonable levels of financial risk. Some lawsuits are lost
             | on technicalities and missing a technicality shouldn't
             | force someone to pay not only their own legal bills but
             | also the journalist's. There should be a very high bar for
             | having to pay someone else's legal fees, especially in
             | situations where a publisher can use disproportionate
             | resources in representation. The NYT is likely to spend
             | over 10x on their defence as I spend on my case if they
             | libel me. Do we want the financial bar to being able to
             | defend oneself to raise by an order of magnitude?
        
               | [deleted]
        
             | suction wrote:
             | Nope, nothing subjective about the examples I gave there.
             | Try harder.
        
               | [deleted]
        
             | lm28469 wrote:
             | Most laws are subjectively applied. That's what happens in
             | societies made of men with opinions and not made of robots,
             | always has been, always will be, the case of free speech
             | isn't an exception
        
           | refurb wrote:
           | I have no idea how Europe handles libel, but it's interesting
           | how Singapore uses it. The Prime Minister regularly sues
           | people who accuse him of corruption. Most of it is deserved,
           | but the requirements for libel are so low that conviction is
           | more likely than not.
           | 
           | Interestingly, if fined more than $2,000 (most libel fines
           | are in $100,000's), _you are no longer able to hold political
           | office in Singapore_. That 's also true in the UK (no idea
           | the threshold - I think it's a prison term?).
           | 
           | Interesting way to silence any opposition.
        
           | simondotau wrote:
           | I agree with the sentiment, but only because the government
           | restrictions on speech are tested in courtrooms that have at
           | least some degree of impartiality and transparency.
           | 
           | The problem with "Free Speech with consequences" arises when
           | the consequences are increasingly policed by private
           | corporations. Yes, host your own web server etc etc etc, but
           | in reality, Twitter and Facebook really are the new town
           | square.
        
         | [deleted]
        
       | wdb wrote:
       | Buying Twitter is probably an easy way to get that Twitter
       | account tracking his airplane to be closed down
       | 
       | Personally, I am seeing this a potential way to limit the freedom
       | even more on Twitter than already happening.
        
         | mlindner wrote:
         | Why do people keep thinking this is about petty minor things?
        
           | sigmar wrote:
           | I mean, the above comment leaves open that there are many
           | reasons. Is it so crazy that he would use money to take down
           | the account after offering money for the owner to take down
           | the account?
        
         | H8crilA wrote:
         | Lol. There will be about 99 new accounts sharing the same
         | information, since ADS-B data is public information.
        
         | misiti3780 wrote:
         | Let me guess, the 2020 election was stolen and you also
         | believed in Pizzagate?
        
       | chasd00 wrote:
       | Elon, if you're reading, pull the plug. Nuke the entire site from
       | orbit, it's the only way to be sure.
        
         | tempfs wrote:
         | I really wish this situation was anything close to a real
         | effort to protect free speech or even better to nuke Twitter
         | from orbit.
         | 
         | I hope people realize that he is just trying to protect his
         | favorite stock manipulation platform.
        
       | basisword wrote:
       | Anyone else curious how Musk would handle that Twitter account
       | tweeting about his private jet flights if he owned Twitter?
       | Strange to think that might be the real litmus test of how much
       | he cares about free speech.
        
         | tomlin wrote:
         | He said he'd keep it. I don't even know what this gets
         | mentioned so often. He has barely ever talked about it.
        
           | oldstrangers wrote:
           | He also said he was making a Tesla Roadster. And a Tesla
           | Cybertruck.
        
             | tomlin wrote:
             | So your logical conclusion is to make up a scenario? k.
        
               | [deleted]
        
             | beeboop wrote:
             | Giga Texas literally has the machinery in place to start
             | building Cybertruck. It's happening. Roadster isn't far
             | behind.
        
           | Hamuko wrote:
           | I don't really trust Musk on his word.
        
           | coolso wrote:
           | It's so strange. At first it was intriguing since I had never
           | heard of it before, but now given how often it's brought up,
           | I suspect some sort of forced Streisand effect deal is at
           | play from all the people who don't like Elon or are using it
           | as a speculative argument of how he's ackshually not
           | technically free speech because clearly he spent billions
           | just to take that account down.
        
         | t3pfaff wrote:
         | > Anyone else curious how Musk would handle that Twitter
         | account tweeting about his private jet flights if he owned
         | Twitter? Strange to think that might be the real litmus test of
         | how much he cares about free speech.
         | 
         | He would probably do nothing. Even under Twitter's currently
         | very vague rules, that Twitter account didn't violate anything
         | so I don't know how it would with even more specific ones he
         | wants them to implement. All that information is already public
         | record (you can lookup any plane like that's flight logs). He
         | was probably just annoyed by it constantly popping up in his
         | feed so he told an assistant to offer his equivalent of a
         | couple dollars to the kid to stop.
        
           | basisword wrote:
           | >> Even under Twitter's currently very vague rules, that
           | Twitter account didn't violate anything so I don't know how
           | it would with even more specific ones he wants them to
           | implement.
           | 
           | Rules don't matter though. If it's a private company owned by
           | Musk he can just delete the account. No recourse for the
           | user.
        
       | RickJWagner wrote:
       | Hee hee.
       | 
       | Let's see what The Babylon Bee has to say about this.
        
         | SalmoShalazar wrote:
         | I'm sure The Onion, but for morons, will have some great
         | insightful takes
        
         | dmead wrote:
         | I'm sure it consists of owning the libs and maybe other things.
        
         | ausbah wrote:
         | some horrible bit of "satire" right, something about "two
         | genders" like 99% of their content?
        
       | danShumway wrote:
       | I'm not sure Musk knows what he's doing, this feels like a
       | personal vendetta. I'm also not sure he has any likelihood of
       | succeeding in the first place, I wouldn't necessarily assume
       | anyone is going to take him up at that price. And (quite frankly)
       | I don't think that Musk is a very good free speech activist. I
       | think he's regularly hypocritical about free speech and regularly
       | engages in his own forms of censorship; I don't think he has a
       | particularly coherent philosophy about how to approach free
       | speech.
       | 
       | All that being said, I don't really see the problem with him
       | trying this, and I don't necessarily see a ton of downside to him
       | succeeding or failing. I'm perfectly willing to grab the popcorn
       | and just watch.
       | 
       | Twitter is not a great social network, and I don't think it's
       | amazingly well managed. If it gets worse and Musk does a bunch of
       | radical changes, maybe more people will start using Mastodon. If
       | he fails, no harm done. If he joins on and does nothing and just
       | monetizes it more aggressively, then :shrug:, Twitter is probably
       | eventually headed in that direction anyway.
       | 
       | Go for it. I've got no confidence that Musk can actually innovate
       | in this space, and little to no confidence that he'll actually
       | even get the control he wants, and he might actually make things
       | worse if he does succeed, but on a certain level who cares?
       | 
       | It really stinks for artists/communities on Twitter that might be
       | hurt by that happening, but again, I don't really have a lot of
       | confidence that Twitter isn't going to start hurting them anyway,
       | so I don't know that this really matters all that much for them.
       | 
       | :shrug: Maybe 2 years from now I'll look back at this comment and
       | think it's naive.
        
         | loceng wrote:
         | He arguably didn't know what he was doing with Tesla or SpaceX,
         | nor The Boring Company et al, though he seems quite good at
         | solving for problems he deems worthy enough of his attention -
         | or that draw his attention strongly enough.
         | 
         | Elon also doesn't need to innovate himself, he simply needs to
         | be a signal, a beacon or lighthouse to others who know they are
         | capable of innovating - and where they may now actually attempt
         | to work for/at Twitter/with Elon because they may now believe
         | they have a chance of implementing systems as they may believe
         | Elon will be able to understand their design - and therefore
         | getting approval.
        
           | dmix wrote:
           | > he simply needs to be a signal, a beacon or lighthouse to
           | others who know they are capable of innovating
           | 
           | There's nothing wrong with that. It's immensely valuable to
           | society to be able to inspire, attract, and organize talent.
        
           | Spooky23 wrote:
           | The obvious question is, "What problem is he seeking to
           | solve?"
        
           | smt88 wrote:
           | SpaceX seems like a success. Starlink probably will be, too.
           | 
           | Tesla survived because of government subsidies and a
           | neverending deluge of hype from Musk. Boring Company is utter
           | nonsense and a huge failure.
           | 
           | That track record seems... pretty random. Maybe Musk was an
           | important factor, maybe his engineering and marketing teams
           | were, maybe luck was the most important thing.
        
             | cduzz wrote:
             | Regarding tesla, lots of companies survive entirely because
             | of Government Subsidies. Resource extraction from public
             | lands, no bid cost + contracts for defense department
             | projects, last mile monopolies for cable companies.
             | 
             | You going to then argue "but we'd have it all better if
             | there were no meddling government!" ? There are plenty of
             | places that have no government and they seem pretty
             | miserable.
             | 
             | People (ideally) select other people every interval of time
             | to make important decisions (aka "government"); sometimes
             | those decisions adversely affect some people and help
             | others disproportionately (your job is cutting down trees
             | and 99% of the trees are gone? Well, you may lose your job
             | before cutting down that last 1% because the trees have
             | value as trees instead of lumber; sorry them's the breaks).
             | 
             | Life is hard and full of difficult choices. There are
             | winners and losers. It's better for everyone to make
             | decisions by discussion and consensus rather than violence.
             | 
             | But free speech is "will the government arrest/fine/murder
             | you for what you say (or don't say)" not "do I have to
             | listen to you blather on when I'd rather not".
             | 
             | There's tremendous nuance to "free speech". If I'm a cake
             | maker and you ask me to make a cake saying "Fuck Jewish
             | Space Lasers!" can I say no I'd rather not? I'm not sure.
             | Maybe I've got terms of service already, maybe I'm just a
             | harried cake maker trying to be civil and a good person and
             | I'd rather not be an asshole even by proxy. You could
             | probably switch the message to "Happy anniversary Steve and
             | Paul!" and offend some other set of people.
             | 
             | We seem to live in a society where some set of people just
             | want to be rude and uncivil and force us all to watch like
             | we're in a clockwork orange needing programming. Please no,
             | and while you're at it I'd rather you stop pouring garbage
             | into my father in law.
        
               | smt88 wrote:
               | I don't know where all of that came from. My point is
               | just that there's no proof Musk is a better CEO/visionary
               | than thousands of other business leaders. You seem to
               | have constructed a lot of other points that I was not
               | commenting on at all.
               | 
               | I agree that many of businesses survive only because of
               | subsidies and that "free speech" does not mean that
               | private entities cannot censor themselves.
        
               | cduzz wrote:
               | Yes... sorry to imply any particular viewpoint on your
               | part.
               | 
               | Musk's particular talent, in my view, is his ability to
               | manage exponential growth where there's an extremely
               | narrow set of possibly successful outcomes given a set of
               | constraints.
               | 
               | Maybe he sees a way to get twitter back to exponential
               | growth? I don't.
               | 
               | I appreciate your nuance, patience, and civility.
        
               | parineum wrote:
               | > My point is just that there's no proof Musk is a better
               | CEO/visionary than thousands of other business leaders.
               | 
               | The objective measure of a business leader's success
               | seems pretty obviously the value of their businesses, is
               | it not?
        
               | smt88 wrote:
               | No. Leaders are a small factor in the success of a
               | business. Other, bigger factors usually include:
               | 
               | - luck/timing
               | 
               | - investor enthusiasm (longer runway)
               | 
               | - regulatory environment
               | 
               | - early hires
               | 
               | - later hires
               | 
               | etc.
        
         | slibhb wrote:
         | > I don't think he has a particularly coherent philosophy about
         | how to approach free speech.
         | 
         | The only people with coherent philosophies of free speech are
         | for absolute freedom of speech or absolutely no freedom of
         | speech.
         | 
         | It's by pusuring incoherence, by threading the needle between
         | those extremes that we create an open, free speech culture
         | where freedom is the norm and censorship occurs only in extreme
         | situations.
         | 
         | I generally agree with the rest of your post ("who cares?"). I
         | would add that if Elon buys twitter and deletes it, I would be
         | fine with it.
        
           | danShumway wrote:
           | > I would add that if Elon buys twitter and deletes it, I
           | would be fine with it.
           | 
           | This is completely off topic and not at all your fault, but
           | even though we are actively talking about Elon Musk and he
           | should have been the primary person in my head, and even
           | though the spelling is different -- for some reason my brain
           | still interpreted "Elon" in the above sentence as Ellen
           | DeGeneres, and I got really confused for about 10 seconds
           | about why you felt the need to add that you would also be OK
           | with her specifically buying Twitter.
        
         | richliss wrote:
         | I think Musk believes that Twitter is the primary meeting place
         | and seemingly unified-ish mouthpiece of anti-capitalists in the
         | west and he's seeing that they are making dangerous progress.
         | He's someone who is a capitalist and feels that $50B is a
         | worthy investment to disrupt anti-capitalist momentum.
        
           | hutzlibu wrote:
           | I think that is a very narrow view on events.
           | 
           | First, I really do not think twitter is a anticapitalist
           | forum and second, controlling twitter communication yields
           | quite some power.
           | 
           | Single tweets made furor on the stock market.
           | 
           | It is probably way more about money, than anti activism, or
           | pro free speech activism. (plus the personal vendetta of the
           | twitter bot, who published Elons flights).
        
           | parineum wrote:
           | > they are making dangerous progress
           | 
           | lol
           | 
           | Twitter has 400 million users GLOBALLY. How many are bots?
           | How many are active? How many are "anti-capitalists"?
           | 
           | Twitter is not representative of anything except twitter.
        
             | nomorecomp wrote:
             | You say that, but the memes and quotes generated from
             | twitter posts and threads spread far and wide. You'll see
             | people who don't even use Twitter quoting things almost
             | verbatim 3 months after it blew up. Same with 4chan and the
             | fringe right sadly. The memes, like "OK Groomer" start out
             | in some weird radical place but then catch elsewhere if
             | they are viral enough.
        
         | aasasd wrote:
         | _maybe more people will start using Mastodon_
         | 
         | For sure. Dozens of users will migrate to Mastodon.
        
         | specialist wrote:
         | Yup.
         | 
         | Anything pushed to its logical extreme becomes its own
         | opposite. Since society can't or won't reign in either
         | corporate or social media, perhaps we should remove all
         | restraints and let then destroy themselves, and hopefully each
         | other.
         | 
         | Further, how could Musk possibly be any worse than @jack, Zuck
         | & Sandberg, Murdochs, Theil, etc, etc.
         | 
         | Pox on all their houses.
        
         | Jsebast23 wrote:
        
         | Abishek_Muthian wrote:
         | I agree with your statements.
         | 
         | Every Billionaire who recently acquired a large media house[1]
         | mentioned in the interviews as doing it for 'Upholding
         | Journalism' or something of those lines which also implicitly
         | meant 'Supporting right to free speech'.
         | 
         | But I'm bewildered about how this particular acquisition is
         | only about 'Right to Free speech' vs 'No Right to Free Speech'
         | and not really about hostile takeover of a business by a Ultra-
         | Billionaire with impunity?
         | 
         | I guess that has something to do with how good Elon is at
         | controlling the narrative, Even reputable news agencies start
         | with 'Elon who claims himself as a free speech absolutist...'.
         | And that was before he controlled Twitter.
         | 
         | Anyways, Two major social media firms seems to have
         | consolidated with individuals who are supposed to run a social
         | media firm.
         | 
         | [1] https://www.bbc.com/news/business-45550747
        
           | [deleted]
        
         | Traster wrote:
         | I think the one thing you're missing out is the true potential
         | downside. Which is that over the last decade Silicon Valley
         | social media companies have taken an extra-ordinarily long and
         | painful path to understanding how they need to handle speech on
         | their platforms. Musk's position is basically "Do what Mark
         | Zuckerberg did in the early 2010s". There is a _reason_ why
         | facebook no longer acts like that, there 's a reason facebook
         | has changed it's name to disassociate from that. And Facebook
         | didn't suffer from their actions there - the commonwealth did.
         | 
         | Potentially this is Musk bringing back systematic
         | misinformation, troll farms, accidentallly enabling genocides
         | etc. etc.
        
           | danShumway wrote:
           | You're not necessarily wrong, but Twitter's moderation policy
           | is already basically terrible and I have very little
           | confidence that they'll be able to improve it significantly
           | in the future with or without Musk. Most of the moderation
           | policies that they are proposing are regularly co-opted to
           | target oppressed or minority groups. They don't seem to be
           | particularly consistent or great about catching abuse in the
           | first place. The site's structure itself seems to encourage
           | bad actors.
           | 
           | It's certainly the case that Musk could potentially make that
           | worse, but I guess I have so little confidence in Twitter's
           | ability to get better on that front that I'm not sure it
           | matters all that much in the long run.
           | 
           | Better moderation on these platforms requires a large re-
           | think in how we approach moderation in the first place, and
           | it requires a more socially responsible perspective about the
           | platform's purpose. I don't think that Musk being in charge
           | or not will make that happen, and if he does turn Twitter
           | into even more of a cesspool, then maybe that'll encourage
           | alternatives.
           | 
           | I'm not an accelerationist when it comes to social media, but
           | I think that Musk/Twitter's attitudes towards free speech
           | online are often both naive and incompetent and the site
           | continuing to worsen might be the only way to get people off
           | of it; and I'm not sure what blocking Musk actually preserves
           | about the site (other than possibly that Musk might push for
           | more aggressive monetization). There are people right now who
           | rely on it that would need to find other hosting, and that
           | does genuinely stink. But... I mean, it's gonna get worse for
           | them regardless.
           | 
           | > Silicon Valley social media companies have taken an extra-
           | ordinarily long and painful path to understanding how they
           | need to handle speech on their platforms
           | 
           | I don't want to be pessimistic, but I don't really feel like
           | social media companies _have_ learned how to handle speech or
           | that they 've become competent about doing moderation at
           | scale. I don't think there ever was a point where they
           | figured it out. If we've learned anything it's that
           | moderation at a global scale is kind of unworkable, and
           | that's why having smaller communities that pay more attention
           | to the content they host is so important. I'm particularly
           | pessimistic about the possibility of AI/algorithmic
           | moderation (which many of these companies are leaning into
           | more and more), mostly because I don't see a ton of evidence
           | that it's good enough at scale to replace human moderation.
           | 
           | So I'm not worried about Musk bringing back systematic
           | misinformation or troll farms or accidentally enabling
           | genocide because as far as I can tell Twitter already has
           | that problem; I don't think Musk can bring it back because I
           | don't think it ever went away.
        
         | splatcollision wrote:
         | Maybe we'll see less links to unreadable twitter threads posted
         | here. One can only hope!
        
           | dmix wrote:
           | Nothing makes me roll my eyes than seeing a tweet have 1/24.
           | Pigeonholing stuff onto platforms where it doesn't fit.
           | 
           | Reddit is turning into a Tiktok aggregator as well,
           | overbearing music, aggressive edits, and juvenile takes. At
           | least those are short though.
        
         | sonicggg wrote:
         | Musk does not hold any position in the government. My
         | understanding is that the fight for free speech is about the
         | government censoring individuals. The first amendment of the US
         | already protects people from that. Any private platform can do
         | whatever they want though.
        
           | throwawayboise wrote:
           | One could argue that Twitter is a de-facto public place. The
           | Supreme Court opined:
           | 
           |  _"the more an owner, for his advantage, opens up his
           | property for use by the public in general, the more do his
           | rights become circumscribed by the statutory and
           | constitutional rights of those who use it." (Marsh v.
           | Alabama, 326 U.S. 501, 506 (1946)_
           | 
           | They have since narrowed their interpretation somewhat, but
           | some states (including California) have ruled that de-facto
           | public gathering places such as shopping malls are areas
           | where free speech is protected, even though they are
           | privately owned.
           | 
           | So generally, yes a private platform can do what they want,
           | but if their primary focus is to be open to the public, they
           | may be more bound to providing first amendment protections.
           | 
           | AFAIK no court has specifically ruled on whether online
           | public spaces should be treated the same as physical public
           | spaces.
        
             | travisathougies wrote:
             | It doesn't really matter though, because in California, the
             | state constitution explicitly states that privately owned
             | spaces open to the public (so twitter) must guarantee
             | freedom of expression. The case law is pretty absolute and
             | settled in this regard. Most famously... shopping malls in
             | California have to allow union protests within the malls
             | (with only mild regulation, mainly around safety / opening
             | hours). Thus, by the Supreme Law of the state of
             | California, as a private company, Twitter is legally
             | obligated to -- at least for California residents -- not
             | restrict their legally protected speech. Twitter frequently
             | does this to california residents, thus violating
             | California law. If the law was applied equally, they would
             | be fined and censured as the malls were who tried to union
             | bust.
        
           | commandlinefan wrote:
           | > the fight for free speech is about the government censoring
           | individuals
           | 
           | It is not. The first amendment of the constitution of the
           | United States is, but freedom of speech is just freedom of
           | speech.
        
           | tinybrotosaurus wrote:
           | What is worse, government censorship or digital censorship
           | through big tech? Remember when all these corporations banned
           | Trump at the same time? Imagine not being able to buy from
           | Amazon when there is no retailer left. Imagine not being able
           | to listen to music or watch movies when all of it is only
           | available through streaming. What about having all your email
           | deleted because a Google bot flagged your account. Or being
           | shadow banned in social media, having no impact on any
           | discussion.
        
             | pacerwpg wrote:
             | As somebody who is banned on Twitter for unclear reasons, I
             | can unequivocally say that this is preferable to being
             | thrown in jail or fined by the government
        
             | themitigating wrote:
             | but there isn't one retailer or one social media service so
             | why should I imagine fictional scenarios when considering
             | your question?
        
             | CrazyStat wrote:
             | > What is worse, government censorship or digital
             | censorship through big tech?
             | 
             | Government, no question about it. Twitter doesn't throw you
             | in jail.
        
           | SllX wrote:
           | You're half correct.
           | 
           | A culture of free speech is just as important as a law
           | prohibiting Congress from abridging it. It is true that
           | private companies have their own free speech and private
           | property interests they should safeguard, but that does not
           | mean they cannot do more to raise a culture of free speech on
           | their platforms, and they should!
        
           | dpbriggs wrote:
           | There's the ideal and ethic of free speech which isn't
           | "provided" by the government. It's ok to be annoyed or
           | disagree with private censorship.
           | 
           | Good or bad Musk wants to open the platform up. Whether that
           | will just change the speech to what he likes or actually
           | broaden it we'll see.
        
           | blendergeek wrote:
           | While freedom from goverent censorship of speech is one
           | battle that has been (mostly) won in the USA, some want to
           | take the concept of free speech even further. Some want to
           | see corporations choose to uphold the value of "free speech".
           | This is seperate from any goveremt regulation of speech.
        
         | rwmj wrote:
         | I think he's dumb wasting so much money on this, but why on
         | earth wouldn't shareholders want to sell out to him? If I held
         | Twitter shares I'd be quite keen to get rid of them.
        
           | next_xibalba wrote:
           | "The billionaire businessman who led the resurrection of the
           | electric vehicle industry and the birth of the private
           | spaceflight industry is an idiot." - internet commenter.
           | 
           | Musk has proven himself to be a very savvy investor. And his
           | operational track record is nearly unmatched. Particularly
           | because it straddles so many different industries: internet
           | 1.0 (Zip2), banking and payments (PayPal), manufacturing and
           | transportation (Tesla), aerospace engineering and spaceflight
           | (SpaceX). If there is anyone in the world who could pull this
           | off, my money would be on him.
        
             | Jasper_ wrote:
             | SolarCity was such a bad investment he had to hide the
             | financials by stuffing it inside of Tesla
        
               | FooBarBizBazz wrote:
               | SolarCity was a worthwhile cause at least. He often says
               | that money isn't his motivator and I believe him about
               | that. And something may yet come of it.
        
               | blip54321 wrote:
               | It's very hard for my explain, within my company, that
               | "failure" isn't the opposite if "success."
               | 
               | ... if you're not failing some of the time, you're not
               | trying things ambitious enough ...
        
               | sintaxi wrote:
               | Proven ability to mitigate failures.
        
             | archagon wrote:
             | "Billionaires shouldn't be criticized unless you also
             | happen to be a billionaire." -next_xibalba
        
             | ddoolin wrote:
             | I know you're being snarky, but success as a hyper-
             | capitalist is less and less a good thing to many people,
             | and not really a sign of great intelligence (more
             | psychopathy, if anything). His behavior is very often so
             | incredibly childlike that it's hard to excuse on his
             | business success. Even this! A share price based on $4.20;
             | Really?! Again with that? He is clearly trolling and it's
             | working because here everyone is talking about it.
        
               | next_xibalba wrote:
               | I don't agree with your claims, but they are beside the
               | point.
               | 
               | His track record speaks for itself. I would certainly
               | have far more confidence in Musk than the current
               | leadership team.
               | 
               | Musk is at least competent in software engineering,
               | aerospace engineering, and finance. It is hard not to see
               | that as a strong indicator of an intelligence well above
               | average. People bend over backwards to look past the
               | glaring facts about Musk that contradict their biases.
               | 
               | Musk is hyper intelligent. Musk is one the most
               | successful business people of all time.
        
               | 2fast4you wrote:
               | Why are you deifying him? He's not anymore special than
               | the rest of us, he just has a lot of money.
        
             | Tepix wrote:
             | Not selling the stock of his own companies makes him "a
             | very savy investor"?
        
               | next_xibalba wrote:
               | How did he "get" the stock of his own companies? Who
               | allocated the capital within those companies? Is not
               | Musk's time a considerably valuable investment unto
               | itself?
               | 
               | Also, reminder, he didn't found Tesla. He was one of its
               | initial investors.
               | 
               | We can split hairs and refine definitions until we
               | exclude him from the category of successful investors,
               | but, at a certain point, it's a little hard to believe.
               | 
               | In any event, it is quite clear that Musk has no
               | intention of being a silent investor. Rather, he's going
               | to be an operator. And in that regard, he is nearly
               | unparalleled.
        
             | mbesto wrote:
             | > If there is anyone in the world who could pull this off,
             | my money would be on him.
             | 
             | And since he's got so many projects on-going, you think he
             | has all of the time in the world to pull this one off?
             | Explain that ONE to me?
        
             | cma wrote:
             | He had that whole fake solar shingle scam presentation
             | thing to bail out his own cousins and self.
        
             | schoolornot wrote:
             | At some point I stopped investing in companies and started
             | investing in people. There's a small group of businessmen
             | out there that have the Midas touch.
        
           | danShumway wrote:
           | This is just opinion-me, but I think he might be undervaluing
           | the shares in the long-term. It's hard for me to square the
           | price he's offering with the promises he's making about
           | Twitter's potential profitability.
           | 
           | I guess for cashing out though it doesn't matter, since the
           | shareholders won't need to care about what Twitter's stock
           | does in the future. So, maybe you're right.
           | 
           | Easy to verify, we'll just have to wait and see if he
           | succeeds.
        
             | jhugo wrote:
             | > It's hard for me to square the price he's offering with
             | the promises he's making about Twitter's potential
             | profitability.
             | 
             | Those promises are predicated on him owning it though.
             | 
             | I'm doubtful of Twitter's LTV whether he owns it or not,
             | but then again I've never had an account and now that you
             | pretty much can't read it without one, I basically don't
             | use it at all. So I may not be a qualified observer, but to
             | me Twitter seems to only get worse for years now.
             | 
             | If that price isn't reasonable for Twitter long-term then
             | you must have someone other than the current management in
             | mind to realise that value...
        
               | danShumway wrote:
               | I do think that Twitter's been getting steadily worse,
               | but I'm not convinced that means they'll be less valuable
               | in the future.
               | 
               | I think if I were an investor, my thought might be that
               | Musk might not be necessary to realize that growth
               | (again, speaking in the long term, not that the current
               | price is wrong). But I'm not an investor, I don't really
               | know Twitter's numbers.
               | 
               | I guess the caveat I should give is that if I were an
               | investor and I thought Twitter was falling and that Musk
               | _couldn 't_ save it, this would be a particularly good
               | opportunity to jump ship. So that could also be an angle
               | I'm not thinking of.
        
             | intrasight wrote:
             | > we'll just have to wait and see if he succeeds.
             | 
             | He or anyone else
             | 
             | Twitter is a natural monopoly - evidenced by it's not
             | having any real competition. Will it be a regulated
             | monopoly? In that case, it should be valued like a water
             | company. Is it an unregulated monopoly? In that case the
             | market will decide if it can turn that monopoly into
             | profits. There are a lot of commercial Twitter users.
             | Charge them all ten cents a tweet. That adds up to about
             | $10m per day.
        
               | mulmen wrote:
               | You're kidding. It's a monopoly if you define the market
               | as "Twitter". There is no shortage of social networks.
        
               | mulmen wrote:
               | You're kidding. It's a monopoly if you define the market
               | as "Twitter". There is no shortage of social networks.
               | Certainly nothing about Twitter is a _natural_ monopoly.
               | Nothing prevents starting up a competitor or even a
               | clone. The issue of locked in networks can be solved with
               | regulation to open the data. It isn't required that a
               | single company own microblogging.
        
             | jeremyjh wrote:
             | The market disagrees with you.
        
               | lukifer wrote:
               | The market is an unreliable narrator:
               | https://en.wikipedia.org/wiki/Keynesian_beauty_contest
        
               | [deleted]
        
           | didibus wrote:
           | I feel the stock of Twitter could easy go above 54$ in less
           | than 2 or 3 years no?
           | 
           | I guess it depends on that, do you think Twitter stock will
           | just keep going down, or could it relatively quickly
           | outperform that offer?
        
         | aerovistae wrote:
         | Agree with everything you wrote except "maybe more people will
         | start using Mastodon".
         | 
         | I didn't even know this existed until you said it, which
         | doesn't bode well for mass adoption given that I'm someone
         | who's on the internet daily.
         | 
         | Moreover, Mastodon.com is owned by a forestry machine business,
         | and googling Mastodon gives a first result for a rock/metal
         | band. I think "Mastodon.social" might be about as bad as a web
         | address can get for mass appeal / catchiness.
        
           | riffic wrote:
           | > mass adoption
           | 
           | is absolutely not a priority for the Mastodon software
           | project.
           | 
           | Try looking on Github:
           | 
           | https://github.com/mastodon/mastodon
        
       | carride wrote:
       | Why is this discussion only about the free speech on the
       | internet? This is a business news story about an SEC filing.
       | There is certainly other possible interesting discussions in
       | regards to the financial aspects of this story.
       | 
       | If it cannot happen here in this discussion, HN should not be so
       | quick to flag/dupe/dead the other submissions which are from
       | other business or news publications.
        
       | jcadam wrote:
       | So what I'm hearing is, there may be some job openings at Twitter
       | soon.
        
       | tikiman163 wrote:
       | I cannot think that Elon Musk owning/controlling Twitter will go
       | even half the way he expects. He clearly only sees it as a
       | potential platform for disseminating his opinions, which have
       | regularly been wrong when it came to things like the pandemic.
       | He's a potentially dangerous egomaniac and if he is allowed to
       | own Twitter the best case scenario is that Twitter experiences a
       | mass user exodus, worst case it turns into a social media
       | platform for crazy nonsense like Newsmax and OAN. Sure, it could
       | just turn into a Fox News equivalent, but that's barely better.
        
         | systemvoltage wrote:
         | He wants to make the Twitter algorithm open source. Complete
         | transparency whether something is demoted or promoted.
         | 
         | Anything _but_ is terrifying. The current status quo of few SF
         | algorithmists controlling the world is far worse than putting
         | up with Elon 's bs.
        
         | cwkoss wrote:
         | Both of your cases seem quite implausible to me. Sounds like
         | cynical wishful thinking.
        
       | MichaelRazum wrote:
       | Why not. Makes totally sense. Twitter gets a better image. Right
       | now there is a real risk that something like gettr will take off.
        
         | lorenzfx wrote:
         | You live in a very different world than I if for you, the
         | associating of Twitter with Mr. Musk _improves_ Twitters image.
        
         | ctvo wrote:
         | I don't know what I worry about more, sinkholes swallowing my
         | car whole on the way to work or needing to register on Gettr
         | when it replaces Twitter.
        
       | IYasha wrote:
       | Removed my tw?tter account in a week, after reading the Terms of
       | Service. Won't regret even if it dies.
        
       | ProAm wrote:
       | Twitter would have killed for this type of buyout offer 6 years
       | ago.
        
       | timoteostewart wrote:
       | Let the "420" aspect of the share price offer be lost on no
       | one...
        
       | endisneigh wrote:
       | It's interesting to contextualize this with a regular persons
       | life. This amount will present about 1/7 of his net worth.
       | 
       | However unlike a traditional purchase this will be n investment
       | and depending on how it goes, he can get even more money.
       | 
       | If an average person had a max net worth of 3 million this would
       | be like them deciding to buy a 400K investment property, or a
       | laundry mat.
       | 
       | That aside, this is also a great example of how easy it is to
       | become richer if you're rich.
       | 
       | Musk buys at $39 pumps all month to $54. He can either sell and
       | easily make billions profit or take over the entire company at
       | what can only be described as a discount compared to potential.
       | 
       | Not to mention twitters stock hardly does well. He can just try
       | again on the next dip if he likes.
        
         | instakill wrote:
         | 400k is an insane amount for a laundry mat
        
           | bdavis__ wrote:
           | not with building.
        
           | bombcar wrote:
           | Here's one for $450, saw another for $375:
           | https://www.bizbuysell.com/Business-Opportunity/self-
           | serve-l... - and they don't even own the building.
           | 
           | Machines alone are $1-3k each depending on how old and
           | repaired they are.
        
         | qsi wrote:
         | That's not quite how it works if you make a formal takeover
         | offer. It's basically telling existing shareholders that he'll
         | buy their stock at $54. If enough of them don't want to sell
         | (depending on how it's structured), the deal falls through.
         | It's a one-off purchase at $54 if it does go through. He can't
         | buy more stock in the interim (I think).
        
           | chernevik wrote:
           | I think this is an offer to the board, proposing that it
           | compel all shareholders to sell at $54/share. The board can
           | decide on the proposal without consulting the shareholders.
           | 
           | In practice the board will do what management thinks best.
           | The various directors probably have legal duties as
           | fiduciaries and will want to act in a manner such that they
           | can demonstrate they performed those duties in good faith,
           | but they will have enormous latitude so long as they observe
           | certain forms.
           | 
           | There are likely procedures by which someone can force a
           | shareholder vote on a proposal, but Musk isn't using them
           | here. These are probably structured by the company bylaws.
        
             | rootusrootus wrote:
             | > compel all shareholders to sell at $54/share
             | 
             | The board doesn't have that power. If a majority of
             | shareholders do not want to sell, they'll just replace the
             | board if it tried such a thing.
             | 
             | In this case, the top 10 shareholders are almost 50% of the
             | shareholders all by themselves, so this really comes down
             | to what _they_ decide to do.
        
           | endisneigh wrote:
           | Yes, but if they do not agree the price will:
           | 
           | 1. Go to above $54, in which case musk profits and he can try
           | again later (headwinds are strong in tech generally right
           | now)
           | 
           | 2. Go between $39 and $54 in which musk profits
           | 
           | 3. Drop under $39 in which musk can further solidify his
           | stake, for much cheaper than his takeover offer.
           | 
           | There's basically no scenario in which musk loses assuming
           | he's serious and is willing to play the long game. Musk will
           | either make a lot of money, or own Twitter.
        
             | asdfaoeu wrote:
             | > Musk will either make a lot of money, or own Twitter.
             | 
             | I mean maybe he still acquires Twitter but that could be in
             | 20 years after it's been run into the ground.
        
           | Aeolun wrote:
           | I don't see why he couldn't buy more stock at the current
           | selling price? As long as someone is willing to sell anyway.
           | 
           | This takeover is aimed at people that wouldn't ordinarily
           | sell their stock at this point in time.
        
             | qsi wrote:
             | IIRC the regulations are such that if you make a takeover
             | offer, you can't do that? Not sure though, my work is only
             | M&A-adjacent, so I'm not an expert.
        
         | koolba wrote:
         | > Musk buys at $39 pumps all month to $54. He can either sell
         | and easily make billions profit or take over the entire company
         | at what can only be described as a discount compared to
         | potential.
         | 
         | He can't sell his whole stake for a profit. There's nowhere
         | near enough liquidity. The moment he tries to sell billions of
         | dollars of stock it'd tank.
        
           | qsi wrote:
           | He'll have to do it the same way he bought his current stake:
           | slowly, over weeks and months, a little bit every day. A
           | totally standard thing to ask your investment bank to do.
        
             | HWR_14 wrote:
             | He bought 4.6% of Twitter in the two weeks he went from 5%
             | to 9.6% when he filed. That's not super slow.
        
               | qsi wrote:
               | He owns about 70 million shares. Before he announced his
               | stake, the stock had a daily trading volume of about 20
               | million. I agree it's not super slow, but also not super
               | fast. Probably a reasonable speed given the volume.
        
           | H8crilA wrote:
           | He can't sell after a move like this, it would be illegal.
           | He's announcing his plans to not just hold but also to
           | _control_ the company, specifically to unlock value - means
           | making some top level choices that makes Twitter stock move
           | valuable. Had he dumped immediately after purchase he 'd be
           | prosecuted for market manipulation (realities of liquidity
           | notwithstanding).
        
             | endisneigh wrote:
             | Musk is not obligated to hold his shares indefinitely. Yes
             | he can't sell, say, tomorrow. But he can sell in the
             | future.
        
               | H8crilA wrote:
               | Yes, the exact timing is up to the circumstances. But
               | selling a significant amount within the next month would
               | almost certainly be considered an obvious manipulation
               | attempt
        
               | FartyMcFarter wrote:
               | When has this stopped him? He already violated securities
               | laws several times and merely got slapped in the wrist
               | for it.
        
             | Ekaros wrote:
             | Wouldn't be first time of him doing some blatantly against
             | rules... Remember the tweets of taking Tesla private...
        
           | jcadam wrote:
           | > The moment he tries to sell billions of dollars of stock
           | it'd tank.
           | 
           | Hence the implied threat of doing so if they don't agree to
           | his terms.
        
           | [deleted]
        
           | quxbar wrote:
           | How would the price tank if he holds all the shares?
        
             | aliswe wrote:
             | because the price itself only indicaes that there is
             | someone wantin to buy shares at that price - it doesnt
             | indicate the number of shares that would go would he accept
             | that price.
        
             | asdfaoeu wrote:
             | Isn't the premise that he's selling them?
        
             | mlindner wrote:
             | The post you're responding to is talking about Tesla
             | shares, not Twitter shares.
        
         | IshKebab wrote:
         | Ah yes, the average multimillionaire.
        
         | loceng wrote:
         | It's not an obvious good idea to buy Twitter though - and is
         | especially risky if you're not wanting to just continue to run
         | the business as is without potentially de-stabilizing it and
         | destroying it in the process.
        
       | MichaelMoser123 wrote:
       | Elon Musk is into politics, isn't that looking strange somehow? I
       | mean he wants to go to Mars, his project was "Flyin' mother
       | nature's silver seed to a new home in the sun", and now he goes
       | right in the opposite direction. Did he have any major setbacks
       | with his Starship?
        
       | Zigurd wrote:
       | Twitter shouldn't have part time leadership.
       | 
       | So now Twitter _should_ have part time leadership.
       | 
       | I'm being unfair, right? So let's qualify that: Twitter shouldn't
       | have part time leadership that is distracted by cryptocurrency.
       | 
       | Wait, no...
        
         | MrMan wrote:
         | ttt
        
       | molticrystal wrote:
       | Just to verify that I understood the concept I looked up the
       | definition of "hostile takeover" from various places, its common
       | theme is taking over a company without approval of the board.
       | 
       | The actual offer states [0]:
       | 
       | >As a result, I am offering to buy 100% of Twitter for $54.20 per
       | share in cash, a 54% premium over the day before I began
       | investing in Twitter and a 38% premium over the day before my
       | investment was publicly announced. My offer is my best and final
       | offer and if it is not accepted, I would need to reconsider my
       | position as a shareholder.
       | 
       | Which means he is asking for approval, which seems to contradict
       | the headline and the quote from Mirabaud Equity Research which
       | was used to make the headline more sensational as they were
       | quoted saying "This becomes a hostile takeover offer which is
       | going to cost a serious amount of cash".
       | 
       | If the board disapproves of the offer and he acquires a larger
       | stake of ownership, that would be more inline with what a hostile
       | takeover is.
       | 
       | [0]
       | https://www.sec.gov/Archives/edgar/data/0001418091/000110465...
        
         | bombcar wrote:
         | Any hostile takeover becomes non-hostile if the
         | board/shareholders acquiesce.
        
         | kyle_martin1 wrote:
         | Agreed. The title should be neutralized to something like "Elon
         | Musk offers to purchase Twitter for $43B"
        
         | zwily wrote:
         | That's correct - his offer is not hostile. If they reject it,
         | he could attempt a hostile takeover by buying up enough stock
         | to install his own board.
        
           | Maursault wrote:
           | I think you're right, but you almost nailed it. Musk low-
           | balled because he wants the offer to be rejected, so the
           | stock price dips, so he can buy up enough stock at discount
           | for a hostile takeover.
        
             | daenz wrote:
             | That's pretty brilliant. He's in a win-win situation, it
             | seems like.
        
               | kbenson wrote:
               | Is it brilliant, or is it standard operating procedure
               | for stuff like this? I would assume most hostile
               | takeovers follow some similar path and also try to
               | manipulate the stock a bit in a way favorable to
               | themselves with their actions prior to the actual final
               | takeover attempt.
        
               | daenz wrote:
               | That's fair. I've never followed something like this
               | before, but what you say makes sense.
        
               | paparush wrote:
               | Agreed. It's just another example of his incessant market
               | manipulation.
        
               | systemvoltage wrote:
               | I think the brilliant part was where he got 1M+ responses
               | to his polls about the problems with Twitter. The timing
               | for that prior to rejecting the board seat was pre-
               | meditated brilliancy.
        
               | zwily wrote:
               | So far he's played it all perfectly. No matter how it
               | ends up, fascinating drama to watch.
        
           | chippiewill wrote:
           | The offer is hostile because he made the offer at the same
           | time he announced his intention to buy the company and he did
           | it publicly.
        
             | singlow wrote:
             | But that is the opposite of hostile. He made an offer to
             | the board and he did it publicly.
             | 
             | If it were a hostile takeover he would buy enough shares to
             | elect his own board.
        
       | mohanmcgeek wrote:
       | This isn't what a hostile takeover is. Is it?
        
         | pyb wrote:
         | Buying a company through a tender offer in order to replace the
         | management is your textbook hostile takeover.
        
           | DigiDigiorno wrote:
           | I understand hostility isn't a term-of-art or something
           | special, but in business parlance the sources I've read seem
           | to point at hostility being the practical term for "without
           | board/director/management approval"
           | 
           | The board determines management, and it appears the offer is
           | only to the board at this time. Hostility depends on the
           | board's lack of approval and continuation of the offer.
           | 
           | Maybe I've missed some news, but I only see Musk making a
           | request to the board at this time. Although everything else
           | seems to fit the normal fact-pattern of hostility (wanting
           | change, not being satisfied with current power, escalation,
           | etc.), technically I don't think we are there yet.
        
       | Kapura wrote:
       | It's sorta funny; I had a call scheduled to talk to a recruiter
       | at Tesla but seeing this reminded me just what kind of guy is
       | ultimately the CEO of the company. I feel very strongly that
       | company culture permeates from the top, and I don't want to swim
       | in whatever cesspool is leaking from the top of that pyramid.
        
       | mupuff1234 wrote:
       | How did it actually get to the situation that none of the Twitter
       | co-founders have any significant ownership?
        
         | aliswe wrote:
         | external capital exchanged for shares. Twitter has been a loss
         | making company for most of the years
        
         | traviswt wrote:
         | Maybe losing faith and selling out?
        
           | mynameishere wrote:
           | When someone gives you a million dollars for a weekend
           | project you take the million dollars.
        
         | HWR_14 wrote:
         | Twitter never issued supervoting shares like most tech other
         | companies did to the founders.
        
       | michelb wrote:
       | What a clown. Probably made the offer knowing it won't get
       | accepted anyway. Then sells his shares at a nice profit and goes
       | on with his day.
       | 
       | That said, it would be interesting to see how Musk would destroy
       | Twitter, instead of seeing Twitter continue to do it themselves.
        
         | gonzo41 wrote:
         | How is that not market manipulation? Isn't this sort of thing
         | regulated?
        
           | baq wrote:
           | wouldn't be the first fine he got from the SEC... he'll get
           | the laws changed at some point if he keeps being himself,
           | maybe that's half the point?
        
             | rcstank wrote:
             | Why would he get a fine from the SEC? He filed this
             | takeover with the SEC in the first place. He's following
             | all of their rules.
        
           | qsi wrote:
           | Because he filed the takeover offer with the SEC (the
           | regulator) today. This is the way it should be done.
        
         | BukhariH wrote:
         | He made the offer at a 40% premium on the April 1st close.
         | 
         | Twitter is a dying social network - sounds like a pretty good
         | deal.
        
       | Zigurd wrote:
       | The offer will fail: The tell is that it is a "final" offer. In
       | fact, if the offer were accepted, Elon would be hard pressed to
       | come up with the actual cash for an all-cash offer. The offer
       | isn't meant to be taken seriously.
       | 
       | After his "final" offer is rejected, Elon will rage quit his
       | position in Twitter.
        
       | hindsightbias wrote:
       | My prediction: this is how democracy ends.
        
         | tofuahdude wrote:
         | That's insanely hyperbolic.
        
       | tapatio wrote:
       | This is awesome. Way to go Elon!!!
        
       | TimPC wrote:
       | Twitter and Facebook should either be forced to accept regulation
       | around banning and denial of access to their content or should be
       | forced to remove accounts of government officials and government
       | utilities. It's somehow become the defacto standard that
       | government can release updates on social media at faster rates
       | than any other channel of communication that they use and that
       | people can be banned from accessing that communication. I think
       | it's disingenuous to say Twitter is not a public utility given
       | the way it is used by government offices and politicians to
       | communicate. Especially given the way Twitter had actively worked
       | to facilitate that.
       | 
       | Barring a legal requirement for government to share all
       | information to citizens on other channels at the same pace as
       | they do on Twitter, being banned from Twitter prevents access to
       | information that one is legally entitled to. That is clearly
       | unacceptable.
       | 
       | I think Twitter should be able to moderate content as a private
       | entity. But they've knowingly created a situation where outright
       | banning is a powder keg and I feel like they've mostly lost the
       | right to do so. They should have a good case for making accounts
       | read only but they are definitely causing huge problems when they
       | ban someone.
        
         | HPsquared wrote:
         | If this was enacted, they'd probably just change the effect of
         | a ban such that banned users can view "utility" / "government"
         | content (but no other?)
         | 
         | Also, can't unregistered users see that information anyway?
        
       | deltaonefour wrote:
       | Free speech is an ideal that doesn't really exist. Even in the
       | USA I can't threaten to kill you or announce that a bomb is in
       | the building.
        
         | imiric wrote:
         | Free speech must have sane boundaries drawn at some arbitrary
         | level. Death threats and terrorism surely go beyond what should
         | be acceptable.
        
       | tailspin2019 wrote:
       | As much as I very much admire the output of Elon's various
       | ventures, I'm not sure of the value of this move, either for him
       | or Twitter.
       | 
       | I think Twitter often brings out the worst of his character (or
       | perhaps "reveals"?)
       | 
       | I wonder if he might be too emotionally invested in how Twitter
       | operates for this to be a good move, given his numerous Twitter-
       | led controversies. I worry about the motivations behind him
       | trying to do this.
       | 
       | But I could be wrong. And to be fair, I can think of worse
       | owners...
        
         | thethimble wrote:
         | I'd be very surprised if this is emotional thrashing from
         | someone who has been very long-term focused and first
         | principles oriented in all of his other endeavors.
        
           | mhh__ wrote:
           | What does first principles even mean in this context?
           | 
           | It's not like he's ever been vindictive... (He has)
        
           | tailspin2019 wrote:
           | That's a reasonable opinion.
           | 
           | I guess I'm judging him based on his moments of "unwise"
           | behaviour on Twitter, but perhaps that's focussing on the
           | wrong thing when compared to the progress of the likes of
           | SpaceX and Tesla.
        
       | enumjorge wrote:
       | It's amazing to me that people really think someone like Musk
       | would a good steward of free speech. This idea that the obscenely
       | wealthy are going to come in and save us from ourselves, if only
       | we can let them be in charge, is a tale as old as time, yet
       | people keep believing it.
        
         | ajmurmann wrote:
         | Didn't he also try to shut down a Twitter bot that publishes
         | flights of his private jet?
         | 
         | I also recall him firing people who supported unionization and
         | employees who talked to reporters.
        
           | tedivm wrote:
           | Yup. He's also removed people from Tesla beta programs if
           | they say anything negative about the company. He's also
           | accused people of being pedophiles for saying negative things
           | about them- going so far as hiring people to try and prove
           | the baseless accusations.
           | 
           | Elon is not a free speech advocate. He'll pretend to be
           | occasionally, but that's not the same thing.
        
         | emptyfile wrote:
         | Just a different kind of strongman political fantasy.
        
         | naoqj wrote:
         | As if the current board of directors were "ourselves" when they
         | are nothing but rich people just like musk, just a left wing
         | political leaning.
        
         | pphysch wrote:
         | The current "stewards of free speech" on Twitter appear to be
         | from the military-industrial complex (recalling when Twitter
         | implied "undermining faith in NATO" is a bannable offence,
         | since confirmed, and unironically citing ASPI as an
         | "independent source" on which accounts to ban), so I personally
         | view an eccentric oligarch as an upgrade.
         | 
         | Of course, he might just continue this trend.
        
           | rebuilder wrote:
           | It seems like a "bad king, good king" argument when the
           | problem is that maybe a monarchy isn't that great in the
           | first place .
        
             | pphysch wrote:
             | The current regime is not a monarchy (who do you think the
             | "king" is...?), it's a shadowy extension of the MIC,
             | apparently with the primary purpose of monitoring and
             | managing narratives of importance to them.
        
               | rebuilder wrote:
               | I meant it as an analogy. My point is, a better person at
               | the wheel won't fix a systemic problem.
        
           | edgyquant wrote:
           | Elon Musk isn't an oligarch that word has a specific meaning
        
             | pphysch wrote:
             | "Our billionaires, their oligarchs. Our trade associations,
             | their cartels. Our corporate lobbying, their corruption..."
             | 
             | Some people like to define oligarch to mean "non-American
             | billionaire" but I personally don't. Musk has a lot of de
             | facto political influence.
             | 
             | Even if you don't think he is one right now, he would
             | certainly become one after owning the platform that
             | censored the sitting POTUS.
        
         | memish wrote:
         | The obscenely wealthy control it now. He would be a much better
         | steward of free speech than they are, that much is obvious.
         | Don't let perfect be the enemy of good.
        
           | BlargMcLarg wrote:
           | I would like to know on what basis this is _objectively_ true
           | rather than _subjectively_. If he 's a better choice, surely
           | you can defend it.
        
           | whynotminot wrote:
           | How would he be better? Is he just your preferred asshole?
           | 
           | I don't see anything in his tweeting patterns to give me any
           | sense that he'd be an improvement.
        
             | memish wrote:
             | His tweeting patterns reflect free speech ideals. I'm
             | surprised you don't see that. He's also one of the ACLU's
             | biggest donors.
        
               | whynotminot wrote:
               | Maybe you're the first to derive high-minded ideals from
               | `Delete the w in twitter?`
        
           | cinntaile wrote:
           | Elon Musk IS the richest man in the world right now, there is
           | nobody more wealthy than him.
        
         | mattcwilson wrote:
         | Do you have a counter-proposal?
        
           | cinntaile wrote:
           | Why would he need a counter proposal?
        
       | thenoblesunfish wrote:
       | The title of this should be changed to the title of the article,
       | "Elon Musk Makes $43 Billion Unsolicited Bid to Take Twitter
       | Private".
       | 
       | The current title given here implies that Musk is likely to take
       | over Twitter, which doesn't seem true after reading the article
       | (which includes a quote about the proposed price being too low to
       | be taken seriously).
        
         | oska wrote:
         | I'd suggest instead that the submission should be changed to
         | point to Elon's actual official offer statement:
         | 
         | https://www.sec.gov/Archives/edgar/data/0001418091/000110465...
         | 
         | We don't need Bloomberg's analysis/interpretation, we can do
         | that here.
        
       | u801e wrote:
       | The closest thing we had (have) to online free speech was (is)
       | Usenet. But distributors of child porn along with Andrew Cuomo
       | (when he was the New York state attorney general) making a deal
       | with a number of major ISPs resulted in most ISPs discontinuing
       | their Usenet service.
        
         | imiric wrote:
         | The unregulated nature of Usenet and spam/malware arguably
         | killed it, not a NY politician. ISPs generally didn't carry a
         | lot of newsgroups anyway, and the best service was always from
         | dedicated Usenet providers.
         | 
         | Sadly these days it's only useful for binary downloads if you
         | also use an NZB indexer. Does anyone still use it for
         | discussion?
        
         | Gollapalli wrote:
         | I used to just take accusations of CP at face value, but
         | knowing how entrapment-happy and truth-ambivalent the US
         | Government can be, I find myself wondering if the killing of
         | usenet wasn't just a part of the "hacker crackdown" and the
         | crackdown on piracy. Piracy in particular is not something that
         | most people had/have any real or natural compunction against.
        
       | htrp wrote:
       | Madlad here....
        
       | mlindner wrote:
       | As a fan of Musk and his companies, I personally hope this fails.
       | He's already busy enough running SpaceX and Tesla which matter
       | significantly more to the future of humanity than a website that
       | lets people type 280 characters.
        
         | xwdv wrote:
         | Social media has value to humanity.
         | 
         | Long after people land on Mars and spread to the farthest
         | reaches of the solar system, humans will still be social
         | creatures, and thus there will be social media.
         | 
         | All of mankind's achievements and technological advancements
         | eventually culminate in more social media.
        
           | AlexandrB wrote:
           | Social media, especially in a narrow sense (e.g. Facebook and
           | Twitter are "social media", forums and chat programs are not)
           | is not necessary for humans to interact. Nor is the current
           | model of social media - with "influencers", viral content,
           | and a strong incentive for performative interaction -
           | necessarily the best one for society.
           | 
           | Internet communication has value to humanity. I'm not so sure
           | that's true about social media as it exists today.
        
       | [deleted]
        
       | qualudeheart wrote:
       | Elon if you're reading this. Do it. They can't stop you. We
       | believe in you!
        
       | 1970-01-01 wrote:
       | This is the coolest mid-life crisis purchase I've ever seen. I
       | hope he enjoys it and has some fun from the boring office work of
       | rockets, tunnels, robots, AI, and of course bullet-proof trucks.
        
         | xeromal wrote:
         | Beats buying another middle-management Porsche. haha.
         | 
         | Love your username.
        
         | pera wrote:
         | Imagine having the possibility of feeding millions in the
         | Global South but instead decide to spend your money in bullshit
         | like this...
        
           | aero-glide2 wrote:
           | US government spennt $6800B+ last year, why haven't they
           | solved global hunger if it's so easy?
        
         | jiveturkey42 wrote:
         | I agree!
         | 
         | I'm shocked to see a fun and positive comment on HN and not
         | sarcasm, irony, or the endless steam of 'what I think the
         | world's must successful man _should_ do '
        
           | aerovistae wrote:
           | > the boring office work of rockets, tunnels, robots, AI, and
           | of course bullet-proof trucks.
           | 
           | ..
           | 
           | > not sarcasm
           | 
           | hmm
        
             | jiveturkey42 wrote:
             | Sorry, sarcasm was the wrong word, I meant pedantic nit-
             | pickers
        
               | Sohcahtoa82 wrote:
               | I always enjoy calling out those excessively pedantic
               | users. Their pedantry is just annoying, adds nothing to
               | the conversation, and half the time is just outright
               | incorrect.
               | 
               | Luckily, HN is not as infested with them as it used to
               | be.
        
               | ResNet wrote:
               | It can be easy for many on here (lots of lurkers too) to
               | feel a sense of "HN imposter syndrome," believe it or
               | not, so comments like this are really valuable in
               | communicating that that sort of pedantry is not the norm!
        
             | [deleted]
        
           | mzs wrote:
           | "This is the best purchase I've ever made!"
           | 
           | https://www.facebook.com/legitstreetcars/posts/3871544467467.
           | ..
        
         | LatteLazy wrote:
         | Musk is (to me) exactly what a billionaire should be: fixing
         | all the things government can't be bothered with.
        
       | [deleted]
        
       | Communitivity wrote:
       | Does anyone else think he is trying to do this so it gets
       | accepted and announced on 4/20?
       | 
       | I worry, because Twitter is a very real outlet for many oppressed
       | people. Matrix technology is good, but nowhere near as widespread
       | or easy to use yet. I worry that Twitter will be bought and Musk
       | turns out to be a far-right or far-left extremist that makes
       | Twitter into a much more biased political platform.
        
         | nitestunk wrote:
         | Twitter is already about as politically biased as they come.
         | Removing its current censorship would improve the platform as
         | an outlet for oppressed people.
        
       | prepend wrote:
       | I think social media is a real negative force in the world and
       | welcome this as potentially a way to make it better, or at least
       | destroy Twitter and remove one outlet.
       | 
       | I don't think public companies can reform social media because
       | it's too profitable. As a private company it may be possible to
       | reform it to still be profitable, but not in a way that harms
       | people.
        
         | [deleted]
        
       | evancoop wrote:
       | Bezos buys the Washington Post, Musk buys Twitter...Now we need
       | to long for the world where megalomaniacal billionaires just
       | bought football teams?
        
       | janekg wrote:
       | Well done, he won't be on the Supervisory Board - so bought the
       | shares for useless. Now complete takeover announced - rejected -
       | share price rises - shares sold again, good money made
        
       | owlbynight wrote:
       | It will be fun when the Internet mobilizes a mass exodus to a new
       | or competing platform to fuck him over. He lives his online life
       | with a foot three inches from his mouth, cocked and loaded, and
       | waiting to scatter his brains to the wind. The first time it goes
       | off after the takeover, Twitter will burn to the ground.
       | 
       | Because at its core, woke culture isn't righteous; it's petty and
       | it's fueled by have nots fucking with haves because they can.
        
       | [deleted]
        
       | sixhobbits wrote:
       | Elon being in headlines is good for him and his companies. Making
       | noise related to Twitter gets Elon in headlines.
       | 
       | It's the good old trick of 'there is no such thing as bad
       | publicity' that Trump used so effectively too.
       | 
       | I feel like this is a huge publicity stunt and he would probably
       | not follow through with it even if Twitter shareholders wanted
       | it.
        
       | lumost wrote:
       | My take, this is about putting a valuation on non-twitter social.
       | Reddit has more users than Twitter, and a valuation 1/5th of
       | twitters. If Twitter is worth 47 billion to someone, then reddit
       | should be worth 50-100 billion.
       | 
       | Unfortunately it's not possible to know if Elon has a major stake
       | in any privately held social companies.
        
         | jdrc wrote:
         | The media is usually not profitable, they have other uses.
         | Countless newspaper and tv networks go bankrupt
        
       | Tenoke wrote:
       | >As a result, I am offering to buy 100% of Twitter for $54.20 per
       | share in cash, a 54% premium over the day before I began
       | investing in Twitter and a 38% premium over the day before my
       | investment was publicly announced. My offer is my best and final
       | offer and if it is not accepted, I would need to reconsider my
       | position as a shareholder.
       | 
       | This seems like he's mostly trolling them or looking for an
       | excuse to sell. The chances they accept and he can get 100% seem
       | low, this is a one-time offer with something of an ultimatum, and
       | it seems a bit unlikely he wants to share that much Tesla to get
       | the money in the first place.
        
         | aliswe wrote:
         | Excuse to sell? by doing this and then selling though would
         | dump the stock price.
         | 
         | Why not just simply sell?
        
           | Tenoke wrote:
           | Because then he'd have created less pandemonium AND looked
           | even worse (especially with the late filling).
        
           | peeters wrote:
           | Private takeovers usually assume a premium share price. The
           | more credible a buyout offer is, the closer the stock price
           | will rise to the offered price. It's exactly what got Musk in
           | trouble for tweeting about taking Tesla private in 2018.
        
         | rosndo wrote:
         | That's not how any of this works.
        
         | asdfaoeu wrote:
         | He only needs a majority of the shareholders to agree.
        
       | gonzo41 wrote:
       | This seems like a massive waste of money. Firstly, it will kill
       | remaining trust in twitter and secondly the opportunity cost of
       | spending that much money, like why not expand Telsa into India,
       | or Asia in a big way.
        
         | belter wrote:
         | Look at Oligarchs Yachts and that tells you everything about
         | the ego of Billionaires. It is not about the money.
        
           | gonzo41 wrote:
           | Yeah, I get that, but for someone who talks a lot about his
           | singular desire to do more space exploration, things like a
           | tunneling company, a rocket company and an electric car
           | company make sense. Twitter doesn't fit in that group too
           | easily.
        
             | Iolaum wrote:
             | Elon's ventures are big enough now that they are a key
             | thing in the politics game. I 'd wager one aspect of this
             | is making sure his voice stands out (to be able to
             | influence politicians 'bottom up').
        
               | gonzo41 wrote:
               | Seems like a cheaper move to open a PAC.
        
               | Ekaros wrote:
               | What I missing about this is that is he actually going to
               | take it private or fold it to some other company with
               | massive over valuation like Tesla... In later case it
               | will make money for him, because people are stupid... In
               | first case it really seem expensive wasteful thing,
               | billions buy lot of lobbying power...
        
       | m1117 wrote:
       | I don't understand how making twitter private will be beneficial
       | for free speech? Isn't it the point that the company ownership is
       | distributed?
        
         | jesusofnazarath wrote:
        
         | another_devy wrote:
         | It's never about free speech its about investment, money and
         | control over digital media
        
       | yumraj wrote:
       | I am 100% convinced that this is driven by the failure of Trump's
       | social media platform which leave Trump without a megaphone.
       | 
       | Elon Musk wants to deliver Trump the Twitter megaphone before the
       | elections.
        
       | justforfunhere wrote:
       | Any twitter employees here?
       | 
       | Whats your take on this? Do you feel happy or anxious or do not
       | care?
        
         | bombcar wrote:
         | Given the reports of how freaked out employees were on the
         | possibility of Musk on the board, they must be fleeing in
         | droves now that he'd own the company.
        
         | Havoc wrote:
         | I doubt any of them are stupid enough to comment publicly on
         | hostile takeovers...
        
           | gigglesupstairs wrote:
           | No one is verifying their identity here, if they want to make
           | a comment, they very well can
        
       | Taylor_OD wrote:
       | This feels more like hes trying to make the Twitter stakeholder
       | lawsuit go away by announcing an offer (who wants to be suing
       | their new boss?) than an actual acquisition attempt.
        
       | sidcool wrote:
       | I am a Musk fanboy. But I don't think he should be a gatekeeper
       | for free speech evangelism. No matter how fair Elon thinks he is,
       | a completely private entity or person cannot guarantee unbiased
       | free speech. There has to be regulation and oversight.
       | 
       | So if Musk wants to take over Twitter, sure, no one's going to
       | stop him. But let's not expect it means that free speech
       | principles will be upheld. It's probable that under Elon's
       | regime, Twitter might suppress anti-Tesla topics.
        
         | brink wrote:
         | > No matter how fair Elon thinks he is, a completely private
         | entity or person cannot guarantee unbiased free speech.
         | 
         | The gov has shown to be unwilling to hold free speech laws to
         | social media companies, and Twitter has been so aggressive in
         | censoring dissident political opinion.. what else are you
         | proposing we do?
        
         | bhelkey wrote:
         | Ironically, I suspect Musk publicly buying Twitter is likely
         | the shortest path to regulation. Talk of regulation and
         | oversight has been going on for years but I suspect that this
         | could be the trigger for such legislation.
        
       | dgellow wrote:
       | Nobody saw it coming... /s
        
       | thebackstall17 wrote:
       | All
        
       | grammers wrote:
       | So when is he finally going to Mars?
        
       | WalterBright wrote:
       | I have some Twitter stock, and will be happy to transmorgrify it
       | into another Musk company!
        
         | systemvoltage wrote:
         | Elon just tweeted:
         | 
         | > Will endeavor to keep as many shareholders in privatized
         | Twitter as allowed by law
         | 
         | https://twitter.com/elonmusk/status/1514681422212128770
         | 
         | So I now wonder what is the % of shares one has to hold to
         | obtain private investor status _by law_?
        
       | partiallypro wrote:
       | I've always felt Twitter has been poorly run, it's almost like
       | the people that work for the company don't actually use it often
       | and are completely disconnected from the userbase. Remember when
       | they completely screwed API users? Various Twitter third parties
       | had to shut down entirely because of it. Twitter has some of the
       | most valuable and useful realtime information in the world, but
       | everyone there seems content on not using it for anything worth
       | anything.
       | 
       | They even killed Vine, which is basically the exact same thing as
       | Tiktok and Stories...years before both. Then tried to push their
       | own version of stories, which was just awful. Jack and the
       | current CEO seem(ed)s totally disconnected from any sort of
       | reality going on with their own product.
       | 
       | Even Jack, while he was still in power, seemed confused by
       | Twitter's own censorship/moderation rules at times. How is that
       | possible? Moderation is also totally uneven with some accounts
       | getting away with certain jokes (or outright threats) and others
       | are completely immune to it. I personally love Twitter as a
       | product, but it's so insane to me how the current CEO has his
       | job, or how Jack was able to remain CEO for so long when he had
       | clearly long abandoned it for Square.
       | 
       | For major news, no one talks about
       | Facebook/Tiktok/Instagram...they talk about Twitter. It's so
       | incredibly valuable, and it's shackled by sheer incompetent and
       | complacency. If it's not Elon, someone needs to come in and
       | restructure it and get rid of those holding it back.
        
         | Kye wrote:
         | >> _" I've always felt Twitter has been poorly run, it's almost
         | like the people that work for the company don't actually use it
         | often and are completely disconnected from the userbase.
         | Remember when they completely screwed API users? Various
         | Twitter third parties had to shut down entirely because of
         | it."_
         | 
         | They did this to make sure people saw ads. It's why Twitter is
         | profitable now. The vast majority of people on Twitter never
         | knew Twitter had a vibrant developer ecosystem in the distant
         | past.
        
       | panick21_ wrote:
       | I don't think on Twitter we should be 'free speech absolutists'.
       | Its a private company, no need for lots of people.
       | 
       | What I would actually like is seriously shooting down these
       | idiotic bots. Like seriously, they have the exact same name and
       | picture as the main account. How the fuck do we not have machine
       | learning, fuck a bunch of bash-scripts to figure this out?
       | 
       | It makes the platform borderline unusable how much crypto spam
       | bots exist on it.
       | 
       | That said, not a fan of Musk waste his time with Twitter. SpaceX,
       | Tesla are plenty.
        
         | somehnacct3757 wrote:
         | The bots are necessary for the quarterly user counts to look
         | good during the shareholder report.
         | 
         | Once they've finished pretending the bot accounts have ad-
         | watching eyeballs, they follow up a couple months later with a
         | token crackdown of some small amount of them.
        
           | panick21_ wrote:
           | Maybe less relevant if it were private.
        
         | trollied wrote:
         | Musk already proposed a small fee per user to verify them. This
         | would add a cost to bots, which would dramatically reduce the
         | numbers. https://techxplore.com/news/2022-04-musk-twitter-
         | dogecoin.ht...
        
       | mrkramer wrote:
       | What a drama queen. He says Twitter is important for freedom of
       | speech but it is not even open, it is walled garden just like FB,
       | IG etc.
        
       | pastor_bob wrote:
       | just adding to this historic post
        
         | lampshades wrote:
         | me too bob
        
       | taf2 wrote:
       | My only issue is they used the wrong name.. he now goes by Elona
        
       | thepasswordis wrote:
       | Can anybody make a good argument as to why Twitter (in its
       | current form) isn't a major detriment to society?
       | 
       | If Twitter poofed out of existence today, it would be a major win
       | for this planet. People talk about a frightening future with a
       | human hostile AI that wants to destroy humanity. That exists,
       | it's twitter.
       | 
       | Elon buying it, even if he runs it into the ground is a good
       | thing. Getting rid of some of the hostile AI is a good thing.
        
         | itslennysfault wrote:
         | Twitter (the community, people, concept) is going to exist.
         | Period.
         | 
         | If Twitter (the website / company) was shut down today
         | something else would fill that vacuum almost immediately.
        
         | julienb_sea wrote:
         | The cat is entirely out of the bag. There are many competitors
         | to Twitter (Facebook comes to mind, albeit somewhat different)
         | and the concept of an open online discussion forum, with all
         | its toxicity but also its potential for timely and impactful
         | communication, is not going away. Users have clearly proven
         | they want myriad large scale social media platforms, and
         | Twitter provides a niche and UX that appeals to a lot of
         | people.
         | 
         | You can argue that people are stupid and these platforms are
         | detrimental to society. This is entirely subjective. I would
         | argue that attempting to kill such platforms would be more
         | detrimental, as it will push people to decentralized platforms
         | that are even worse echo chambers. So this is a story of lesser
         | of two evils.
        
           | voldacar wrote:
           | Facebook is not a competitor to twitter. It is culturally
           | just a dead space. Nothing interesting happens there, I can't
           | think of the last time an interesting subculture or meme
           | originated on facebook. It's this bizarre place where you're
           | surrounded by old people but at the same time you're
           | subjected to infantilizing speech restrictions that make you
           | feel like you're in some kind of adult kindergarten or
           | something. You can't make fun of journalists or do anything
           | subversive or culturally alive, it's a place where there is
           | no fun allowed.
        
           | mrleinad wrote:
           | > I would argue that attempting to kill such platforms would
           | be more detrimental, as it will push people to decentralized
           | platforms that are even worse echo chambers
           | 
           | I see how this argument would be true. Thank you, that's
           | actually quite insightful.
        
         | fullshark wrote:
         | Twitter is where you can see journalists craft narratives and
         | talking points about news stories in real time. It's been
         | incredibly revealing imo.
        
           | tjpnz wrote:
           | At the very least it does reveal why the narratives
           | constructed by some journalists are so utterly divorced from
           | reality.
        
           | asdff wrote:
           | I hate reading news in real time. Its never significant or
           | relevant to what you are doing, but you couldn't tell that by
           | the frantic tone and the sense that you must remain tuned
           | into whatever is unfolding this time on the internet. Much
           | better to get the complete picture after the dust actually
           | settles and you know what pieces were truly important.
        
           | superdude12 wrote:
           | Can you elaborate on this? Perhaps share some threads or an
           | article summarizing the effect?
        
             | fullshark wrote:
             | I don't know of any good article on the subject, but I
             | think the red/blue war in America is where you can see some
             | of the most extreme examples of this. A simple illustrative
             | example that comes to mind: A politician on the other side
             | of the aisle makes a gaffe, a journalist amplifies the
             | video/text of their statement, based on their followers'
             | reaction a journalist decides if it's something their
             | followers care about and either writes a piece about it
             | with supporting information about just how wrong they are
             | and takes on it from their followers/colleagues or just
             | ignores it and moves on trying to find more red meat for
             | the political partisans that read them.
        
             | aspenmayer wrote:
             | Amazing displays of the New York Times A-B testing its
             | copaganda headlines in this thread here:
             | 
             | https://twitter.com/nyt_diff/status/1513873661547143176
             | 
             | That account is dedicated to documenting changes to NYT
             | headlines in real-time.
        
             | rglover wrote:
             | Pick any news story and a journalist (from an outlet like
             | NYT, Politico, etc).
             | 
             | Watch the timeline of that journalist's original opinions
             | (and their level of aggression/assertiveness) and then
             | watch how that cascades to either more extremism--if the
             | evolution of the story agrees with their chosen narrative--
             | or, to absolute abandonment of/ignorance of the thing they
             | so fervently held an opinion about a few hours earlier.
             | 
             | Once you start observing this behavior, you will see it
             | happen for nearly all stories. It's like watching rats
             | press a lever to release food pellets and then scattering
             | off to a corner to digest.
        
         | psophis wrote:
         | The argument [0] has been made that Twitter was why the US had
         | as good of a response to COVID-19 as it did.
         | 
         | [0]: https://stratechery.com/2020/defining-information/
        
         | LocalPCGuy wrote:
         | Only 23% of the US public uses Twitter, and of that 23%, 80% of
         | the posts come from about 10% of those users. These are the
         | numbers I point to when people want to call Twitter the "modern
         | day public square". I don't buy it, and think that the only
         | real significant problem with Twitter is how much credence
         | folks that are on it (including media personalities) give it.
        
           | OliverGilan wrote:
           | This is true and I bring this up as well BUT consider this:
           | probably less than 23% of US citizens make 90% of the
           | important decisions for this country (the power law still
           | holds) and if all of those people are on Twitter then OP's
           | point still stands. I deleted Twitter about 3 months ago and
           | it's been great. I can just focus on life and talking to my
           | friends still on the platform I realize just how much of a
           | bubble it really is and how most of the issues everyone gets
           | hysterical about is just irrelevant in my life. That being
           | said it seems to hold an insane amount of influence in the
           | minds of journalists, business leaders, and politicians and
           | thus it is an incredibly powerful platform.
        
             | LocalPCGuy wrote:
             | I suppose you could say it's like the public square in that
             | only 3 of the 10 citizens in that mythical town actually go
             | to the square and debate/decide anything, and the rest just
             | stay home.
             | 
             | But I'm not convinced the folks on Twitter truly have that
             | much power because they have those discussions on Twitter
             | (and most would probably have that power whether Twitter
             | exists or not and the discussions on Twitter from those in
             | power seem to be mostly just an extension of their other
             | media presences). It does make some folks more accessible,
             | and their (curated) thoughts more public in some cases.
             | 
             | I've spent some time recently to curate who/what I follow
             | on Twitter to be more relevant and less hysterical (it
             | still creeps in tho), and that has actually made me more
             | likely to actually engage there now, as it's often with
             | things I'm actually interested in.
        
               | narag wrote:
               | What if most readers think that writers somehow represent
               | a majority of Twitter or even the whole society? That
               | belief, true or false, would leverage the influence of
               | writers.
        
               | LocalPCGuy wrote:
               | Sounds like we need to do a better job of explaining why
               | that isn't the case (at least, that is my belief, I
               | believe the most extreme are those most likely to be
               | prolific on Twitter, not those with the most
               | representative beliefs).
        
           | RangerScience wrote:
           | > These are the numbers I point to
           | 
           | IDK, that sounds like more participation (in speaking and
           | listening) than I'd expect out of a literal public square,
           | although not by a whole lot.
           | 
           | I remember coming across street preachers on the Santa Monica
           | promenade. I want to say 10-20 people would stop to listen,
           | where 1-2 people would be speaking (preacher and a possible
           | commenter). I don't even know how to estimate how many people
           | simply walked by, but the audience being less than 20% of
           | that sounds very likely.
           | 
           | TL;DR Anecdotal experience in one _actual_ public square,
           | estimates less than 20% of the physically present public
           | participating, and less than 10% of that speaking.
        
           | eric_cc wrote:
           | A lot of us are afraid to post on Twitter because of the woke
           | crowd and cancel culture.
        
             | eatsyourtacos wrote:
             | Who is "us"?
             | 
             | And what exactly are you afraid of, someone judging you by
             | what you say?
        
             | xanaxagoras wrote:
             | You can only pen your honest opinion under your own name if
             | you agree with the heterodoxy of the authoritarian left.
             | This is what passes for liberalism in America today.
        
             | mywittyname wrote:
             | They aren't going away. No matter who buys Twitter, you're
             | still going to get called out for this shithead things you
             | say on the platform. If you're honestly afraid of being
             | cancelled, then you should support current Twitter
             | moderation, as it's saving you from yourself.
        
         | the_doctah wrote:
         | Because Twitter is great for pushing narratives while silencing
         | "wrongthink".
        
       | PaulHoule wrote:
       | I would say:
       | 
       | (1) Twitter is a poorly managed company and has been for a long
       | time. A shake up could be a good thing.
       | 
       | (2) I don't see Musk as the person to do it. Mostly he uses
       | Twitter to shoot himself in the foot and his free-speech
       | fetishism doesn't ring true. Is he going to reinstate Trump's
       | Twitter account? Is he going to encourage Narendra Modi to use
       | Twitter to organize pogroms next?
        
       | refurb wrote:
       | Sometimes being reckless and a heretic helps society move
       | forward.
       | 
       | I'm starting to become a fan of Musk. Guy is sitting on $256B in
       | net worth. That's so rich it's like trying to picture the
       | distance from the earth to the sun, your brain struggles.
       | 
       | I get the sense he's going to be the Howard Hughes of our time.
       | Weird ideas and a ton of money make for some interesting moves.
       | Not everything he does will be positive, but his imprint will be
       | one for the history books.
        
         | john_the_writer wrote:
         | When I hear people bag on him I ask a few questions..
         | 
         | Name one man who has done more for EV and by extension the
         | environment?
         | 
         | Name one man who has done more for SelfDriving, and by
         | extension road safety?
         | 
         | Space travel?
         | 
         | He might fail at half what he does, but yeah..
        
         | suction wrote:
         | The most American take possible, I guess.
        
       | blackearl wrote:
       | Twitter is trash and I'm happy when any chaotic nonsense is
       | happening to it.
        
       | ecf wrote:
       | Every second my brain spends thinking about this man is
       | unsolicited.
        
       | suction wrote:
       | So if he purports that Twitter now limits freedom of speech, the
       | only thing he can mean by that is hate speech, dangerous medical
       | misinformation, conspiracy bs, or calls to violence.
       | 
       | I've always had a gut feeling that Musk is politically on the far
       | right spectrum farther than most people would believe, but now
       | that he has joined the ranks of these misguided new right-wing
       | "muh freedom of speech"-warriors, who never had any point to
       | begin with, it's a strong indicator rather than just a feeling.
        
       | scurraorbis wrote:
       | Hackernews is just as censorious as twitter. Comments get flagged
       | and moderated solely by the positions taken within and then
       | system has the gall to then tell you to read the comment policies
       | which you didn't violate as they are from the libertine age that
       | preceded this one.
       | 
       | Controversial post rarely reach the front page anymore and if
       | they do they are full of reasonable and true comments fading into
       | gray and finally away. Meanwhile the most on the nose, vile and
       | hateful propaganda get's voted to the top with rarely anyone
       | speaking against it.
       | 
       | I understand you do this for a good cause, because you think it
       | will save lives or make society better. It won't.
       | 
       | There is an underlying reality with it's ground truth and that
       | can only ever be glimpsed through the verbal sparring of ideas
       | and ideologies.
       | 
       | To those truly concerned about "harmful misinformation", you
       | should know that the greatest atrocities in human history were
       | committed when one side, faction or ideology could dictated what
       | everyone said and wrote.
       | 
       | This is not an accident.
       | 
       | The most harmful misinformation is that which no one is allowed
       | to correct.
        
       | jandrusk wrote:
       | If the bid is accepted, he's going to want to build his own app
       | store otherwise Google & Apple will kick the Twitter app off if
       | his version of free speech doesn't align with their version of
       | censorship.
       | 
       | Gab discovered this early on and pivoted accordingly.
        
         | colechristensen wrote:
         | Gab isn't Twitter.
         | 
         | If the two app stores tried to deplatform Twitter there would
         | be a landmark court case which would likely reach the Supreme
         | Court.
        
         | cwkoss wrote:
         | The twitter app is unnecessary - works fine in a browser.
        
       | jdrc wrote:
       | Well you should have nationalized it while you could've
       | 
       | BTW why is this called hostile?
        
         | refurb wrote:
         | Nothing better than the CIA having a say on what tweets are
         | allowed.
        
         | neonnoodle wrote:
         | Standard terminology for when an acquisition is pitched
         | directly to the shareholders against the wishes (or
         | irrespective of the wishes) of the board.
        
         | k8sToGo wrote:
         | Who is you?
        
           | jdrc wrote:
           | americans. we had a discussion about that a few days ago
        
         | [deleted]
        
         | xxs wrote:
         | Non-hostile version of a takeover requires a board approval at
         | least. Depending on the jurisdiction and the company bylaws
         | certain amount of the shareholders (say 75%+) has to vote for
         | the takeover to actually happen.
         | 
         | Edit: Under normal circumstance, single entities cannot
         | 'easily' obtain a large share of the stocks even if they
         | actively buy.
        
       | alphabetting wrote:
       | If I was an investor in Tesla or SpaceX I'd be extremely opposed
       | to this. Calling the shots at three important companies is
       | basically a disaster waiting to happen, especially if you spend a
       | lot of time posting memes on Twitter.
        
         | hayd wrote:
         | This already happened with Solar City and share holders [in all
         | three companies] are doing just fine.
        
       | HstryrsrBttn wrote:
        
       | TigeriusKirk wrote:
       | What's the relationship between Jack and Musk? Are they buddies?
       | Do they hate each other? Is that relationship a factor here?
        
       | api wrote:
       | What a profound waste of his time and talent.
        
       | fullshark wrote:
       | Is he able to sell his 9% stake while the board mulls his offer?
        
         | Jyaif wrote:
         | I want to know the answer to this question.
        
           | bombcar wrote:
           | I suspect his shares are now "locked" whilst the offer is
           | considered; perhaps he can acquire more but I suspect he
           | cannot sell, as it would be an obvious deception.
           | 
           | He would have to announce the withdrawal of the offer and
           | then I assume he can begin selling.
           | 
           | Note: I am not an SEC.
        
       | adamrezich wrote:
       | pretty crazy to see the sheer unadulterated terror that the mere
       | possibility of free speech absolutism instills in people. this
       | way of thinking was not common like sixteen years ago--what
       | changed?
        
       | fareesh wrote:
       | My hope is that he does things that the "Twitter is a private
       | company and they can do what they want" crowd hates. Twitter may
       | cost $43B or more, but to witness the prostration of that crowd
       | is truly priceless.
        
       | voldacar wrote:
       | Journalists and bluechecks seem to be particularly mad about
       | this. I guess they don't like the prospect of having to follow
       | rules that are transparently enforced rather than the current
       | system of favoritism and opacity
        
         | jasonhansel wrote:
         | And if there's anything Elon Musk is known for, it's being
         | completely transparent and unbiased! /s
        
         | outoftheabyss wrote:
         | Always a good barometer of the merits of an idea
        
       | mouzogu wrote:
       | $43 billion to stop some kid from tracking your flights.
        
       | TeeWEE wrote:
       | Since Elon bought his 9% stake, the value of Twitter increased.
       | He mentions selling his shares if the takeover is not accepted.
       | That would make him a lot of money!
       | 
       | His offer is also on the high side, this might make people
       | bullish about twitter. On the other hand, I do think he is
       | genuinely interested in buying twitter.
       | 
       | But can't help to feel this might also be lucrative for him if
       | the deal doesn't go through.
       | 
       | It seems like Musk has a love hate relationship public
       | companies... That's why SpaceX is still private.
        
         | LatteLazy wrote:
         | Of course, if the deal doesn't go through, the price will
         | collapse before he can sell...
        
         | themitigating wrote:
         | This isn't illegal?
        
         | joshmlewis wrote:
         | He's not going to be able to sell his 9% stake at the current
         | price without the market reacting negatively. The share price
         | would drop because of the immense selling pressure it would
         | cause. Unless there is another billionaire wanting to eat up
         | all those shares, the supply would simply overwhelm the demand
         | which in turn causes the price to drop until the market was
         | able to meet the supply.
        
           | hayd wrote:
           | Another thing that makes this take over hostile. If it's
           | rejected, Musk begins to sell his 9%, the stock price
           | tumbles... and share-holders will sue the board.
           | 
           | I don't see how they don't have a fiduciary responsibility to
           | sell here.
        
       | dang wrote:
       | All: speech here isn't very free when the server can't stay up,
       | and it's smoking right now, for obvious reasons.
       | 
       | I'm going to prune some of the top-heavy subthreads and possibly
       | restrict the page size a bit. There are over 2500 comments in
       | this thread, and if you want to read them all you're going to
       | have to click "More" at the bottom of each page, or go like this:
       | 
       | https://news.ycombinator.com/item?id=31025061&p=2
       | 
       | https://news.ycombinator.com/item?id=31025061&p=3
       | 
       | https://news.ycombinator.com/item?id=31025061&p=4
       | 
       | https://news.ycombinator.com/item?id=31025061&p=5
       | 
       | ...and so on. Sorry everyone! (Yes, fixes are coming, yes it's
       | all very slow.)
       | 
       | Edit: also, if some of you would log out for the day, that would
       | ease the load considerably. (I hate to ask that, but it's true.
       | Make sure you haven't lost your password!)
        
       | unfocussed_mike wrote:
       | "Elon Musk's raging narcissism launches all-out $43B assault on
       | his credibility and fortune"
       | 
       | Without any understanding that the his right-wing narcissistic
       | suppliers who rage in public about being prevented from raging in
       | public are not the sort of people who become good paying
       | customers for a free platform.
       | 
       | This is like the universe seeing Elon Musk and issuing a course
       | correction.
       | 
       | For the avoidance of doubt: this is dreadful for Twitter's
       | longevity. Twitter's only sustainable future while staying true
       | to its roots, is as a market utility co-owned by media companies.
       | 
       | A billionaire pouring money into a money-pit is fine only for as
       | long as it holds his interest as a plaything (which might be a
       | long time, considering his narcissism)
        
       | floatinglotus wrote:
       | Elon Musk is trying to out-troll current world champion Kanye
       | West.
        
         | cwkoss wrote:
         | Kanye is just a clown, far from the greatest troll in the
         | world.
        
       | 40acres wrote:
       | I don't know about the validity of the bid (fifty.. four twenty?)
       | but man does Twitter need a kick in the ass. The product has been
       | stagnant since birth but has so much potential, I'd be interested
       | to see what reforms Elon would bring in.
        
       | sidcool wrote:
       | A major Twitter shareholder and Saudi prince Alwaleed rejects
       | Elon's offer to takeover Twitter.
       | 
       | https://www.reuters.com/technology/saudi-prince-alwaleed-bin...
        
         | jtdev wrote:
        
         | systemvoltage wrote:
         | I just learned this today, a bit shocked. Isn't anyone
         | concerned that Saudi Arabia - not exactly a beacon of human
         | rights and dignity for all people - holds 5% stake in Twitter?
        
           | cwkoss wrote:
           | definitely an order of magnitude more concerning than elon's
           | stake
        
       | sdfjkl wrote:
       | I hope the Fediverse can handle the onslaught of two consecutive
       | marketing campaigns.
        
         | jdrc wrote:
         | Time to dust off those RSS readers
        
       | bambax wrote:
       | I personally dislike Musk and most things he says and does, but I
       | am grateful for the fact that his actions lead to more hilarious
       | chronicles by Matt Levine (Money Stuff).
       | 
       | Can't wait for today's installment!!!
        
         | bombastry wrote:
         | Unfortunately the newsletter is on break until Monday, although
         | he did end up writing a column about Musk on one of his days
         | off a week ago[1].
         | 
         | We may be limited for now to his brief reactions to news on
         | Twitter[2][3].
         | 
         | [1]
         | https://www.bloomberg.com/opinion/articles/2022-04-04/elon-m...
         | [2] https://twitter.com/matt_levine/status/1514549976910770182
         | [3] https://twitter.com/matt_levine/status/1514562166740992005
        
       | 542458 wrote:
       | As somebody from the first world who has had the experience of
       | moderating Internet forums... free speech in the sense of "the
       | government generally shouldn't control people's speech, with
       | limited exceptions" is good and necessary. Free speech in the
       | sense of "everybody should be forced to platform every idea" is
       | silly IMO. Left alone user content rapidly devolves into the most
       | low-effort salient content - flame wars, political proselytizing
       | and porn, mostly. If you want your platform to be about anything
       | other than those, you need curation and moderation. This is key
       | for a good user experience.
       | 
       | Note that you're choosing to spend your time on HN (a relatively
       | strongly moderated forum) instead of a less moderated forum like
       | 8chan's /b/.
        
         | nradov wrote:
         | Supreme Court Justice Clarence Thomas suggested extending
         | common carrier legislation to cover social media platforms.
         | That would essentially prevent them from censoring any content
         | legal in the US.
         | 
         | https://www.brookings.edu/blog/techtank/2021/04/09/justice-t...
         | 
         | I don't understand your point about user experience. Twitter is
         | already mostly low effort flame wars, political proselytizing,
         | and porn. But people seem to still use it anyway.
        
         | Chris2048 wrote:
         | The difference between the two is less significant when a few
         | large tech companies monopolise online discourse. Water an
         | electricity is considered a "utility" but still delivered by
         | many private companies - why isn't the same argument used
         | there? I'm sure plenty of people would support cutting off
         | utilities for neo-nazis; that doesn't men it's a good
         | precedent.
         | 
         | Consider gabber et al was cut off by their _hosting_ companies,
         | a much harder space to enter for non-established companies -
         | maybe net-neutrality should be extended from traffic to hosting
         | /computing facilities?
         | 
         | > Left alone user content rapidly devolves
         | 
         | > you need curation and moderation
         | 
         | the thing about online content is that it doesn't work like a
         | free-speech bazaar. You can choose which soapbox you want to
         | visit. You can choose what networks to participate in.
         | 
         | Also, it should be noted that that these types of places
         | sometime devolve _because_ of bubbles /moderation; e.g. reddit
         | /politics/ is a toxic echo chamber because it bans/downvotes
         | dissenting opinion, resulting in a groupthink-mentality.
         | 
         | > instead of a less moderated forum like 8chan's
         | 
         | and that's a choice, until it isn't (e.g. 8chan is
         | banned/blocked/deplatformed)
        
         | tailspin2019 wrote:
         | > Note that you're choosing to spend your time on HN (a
         | relatively strongly moderated forum) instead of a less
         | moderated forum like 8chan's
         | 
         | This is a good point!
         | 
         | I agree with both you and the parent - which is to say that I'm
         | entirely torn on this subject.
         | 
         | Moderation on platforms makes sense. Trying to work out where
         | to draw the line is difficult. And free speech is incredibly
         | important.
         | 
         | How to balance these competing concerns is really beyond me.
         | 
         | I'm a proponent of the idea of "the solution to bad speech, is
         | more speech", but if you take this to its logical conclusion on
         | the internet, you often end up in the wild west.
        
           | deadpannini wrote:
           | I think this only _appears_ to be a contradiction, because
           | your concerns apply at different scales.
           | 
           | You can reconcile the tension by insisting that the public
           | utility platforms (e.g., Twitter, Reddit, YouTube, etc.)
           | remain neutral with respect to non-criminal content, but give
           | people the tools to moderate and curate speech at a more
           | granular level (like subreddits, or tools to filter who you
           | see on Twitter).
        
             | tailspin2019 wrote:
             | I like this idea, but things like "tools to filter who you
             | see on Twitter" rely on self moderating of content you're
             | exposed to. We all already have that capability in many
             | respects.
             | 
             | Eg I don't really use Twitter at all apart from the odd
             | tweet that will be referred to me. I moderate what I see by
             | actively avoiding most social media (aside from HN of
             | course) because I've decided that this is the easiest way
             | to avoid sub-standard content that doesn't add value for
             | me. (A sweeping statement but just for sake of argument).
             | 
             | So let's say someone says something extremely insulting
             | about a minority group - just on the right side of legal,
             | but otherwise a disgusting remark when measured against
             | social norms.
             | 
             | Do we say that the utility platforms shouldn't touch this
             | because it's not illegal?
             | 
             | Because some of those subgroups of people and individuals
             | with the moderation/curation responsibilities will
             | proliferate that content rather than moderate it.
             | 
             | I'm not saying you're wrong, and I'm not arguing for strong
             | censorship - I don't have a counter suggestion, I'm just
             | thinking it through...
        
           | themitigating wrote:
           | "I'm a proponent of the idea of "the solution to bad speech,
           | is more speech", but if you take this to its logical
           | conclusion on the internet, you often end up in the wild
           | west."
           | 
           | If that's the logical conclusion, and I'm making the
           | assumption this based on your observations, why are you a
           | proponent of it?
           | 
           | "I think this is for the best, however it always leads to
           | problems"
        
             | tailspin2019 wrote:
             | > "I think this is for the best, however it always leads to
             | problems"
             | 
             | Well to be fair, I did say I was torn on this and have no
             | answers :)
             | 
             | The concept of "the solution to bad speech, being more
             | speech" is somewhat of a _safe default_ to me. All things
             | being equal, I think it 's more important to err on the
             | side of protecting the voices of those who should and need
             | to be heard, while accepting the risk that these very
             | protections may also inadvertently benefit "extremists" in
             | that they too are more likely to be heard.
             | 
             | I prefer this balance, as opposed to the opposite, of
             | strict moderation. Silencing the voices of those with
             | something important to say, in order to ensure that we
             | don't let any extremists get their views out.
             | 
             | So that's my default starting position.
             | 
             | But I'm not absolutist about it. I think we can't be too
             | binary about it, at either end of the spectrum. The answer
             | is not one of two choices, "100% no free speech" or "100%
             | free speech". Instead, it's presumably somewhere in the
             | middle.
             | 
             | So the answer is probably, "light touch, _just enough_
             | moderation, based on some form of consensus ".
             | 
             | How you define "just enough" is a tough problem.
             | 
             | Perhaps it's the _consensus_ part that 's missing at the
             | moment.
        
           | Geee wrote:
           | I don't think it's a free speech issue. It's just a
           | scalability / UX issue arising from the problem that 100,000
           | people are trying to communicate in the same room, and 99% of
           | those people have nothing new to add to the conversation. The
           | self-moderation features on Reddit and HN are a step in the
           | right direction. On Twitter and Facebook, there is no
           | downvoting, which amplifies low quality content. This
           | decision is tied to their revenue generation models, because
           | they don't want to limit participation. Reddit and HN focus
           | on improving signal to noise-ratio, which is more important
           | metric, and I think even more can be done in this direction.
        
         | mc32 wrote:
         | HN may be "heavily" as you say, moderated, but you are allowed
         | to discuss things that counter any narrative as long as you
         | make a reasonable effort at presenting your ideas in a
         | reasonable way.
         | 
         | You don't get banned for criticizing bitcoin, VCs, Hunter
         | Biden, US policies, BLM, the police, inflation, gender,
         | feminism, masculinity, etc., etc, whereas Twitter tends to ban
         | things that go counter to particular narratives even in the
         | face of evidence. You're a epidemiologist and critique Covid
         | policies? Not allowed!!!
        
           | SirHound wrote:
           | Drawing equivalence between Twitter bans and government
           | censorship is the height of western privileged ignorance.
        
             | scurraorbis wrote:
        
               | philistine wrote:
               | The only time I see rank propaganda on HN, it's about
               | stuff Elon Musk loves, like the blockchain or self-
               | driving cars. I dread what he'll do to Twitter.
        
               | scurraorbis wrote:
        
             | jrsj wrote:
             | Not when there's bidirectional communication happening
             | between govt and tech companies on these issues. We've seen
             | them coordinate to erase particular stories from the public
             | narrative etc. They literally have manipulated elections by
             | doing this.
             | 
             | These companies were engaged in a covert surveillance
             | program on behalf of intelligence agencies too. That by
             | itself makes them effectively an extension of the state.
        
             | mc32 wrote:
             | Not when the government lobbies the companies for certain
             | viewpoints.
        
         | nokcha wrote:
         | For Twitter, perhaps a good compromise would be: instead of
         | banning problematic accounts, set to them a "default-mute"
         | state where only people who choose to follow the account can
         | see its tweets.
         | 
         | See also Section 1.F of
         | https://www.journaloffreespeechlaw.org/volokh.pdf , which
         | distinguishes how Twitter's 'hosting' function might be treated
         | differently from its curation functions.
        
         | Andrew_nenakhov wrote:
         | There is a difference between a civil discourse and abuse
         | filled with obscenities. There is also a difference between
         | fair moderation and suppression of dissent.
         | 
         | When I post on HN anything about Trump or vaccines, HN doesn't
         | add a note to my post informing readers about the 'correct'
         | view on the problem. HN does restrict personal insults, and
         | does it consistently for all sides of the conversation. That is
         | fair moderation. Because it is fair, I don't feel that my (or
         | anyone) right for free speech is limited here. The spirit of
         | free speech principle is not violated.
         | 
         | Twitter, on the other hand, was applying their rules very
         | selectively, discrediting views that they consider 'incorrect'
         | with various notices, and blocking or restricting users with
         | political views they don't like. That's suppression.
         | 
         |  _Of course_ , Twitter, like other plaftorms, DOES have the
         | right to run their platform as they see fit, private company
         | and all, but here comes another facet of this problem:
         | _everything_ can formally be a private platform, yet
         | _everything_ can be run by the government. It is not a
         | hypothetical situation, in Russia every remaining media source
         | is directly or indirectly controlled by the government. Putin
         | 's best friend, an oligarch, owns all social networks in
         | Russia, and can just shut down any user that tries to oppose
         | the war. No, not censorship, free enterprises.
         | 
         | It is a known fact that oligarchy can merge with the government
         | very closely, and do become a de-facto cernsorship arm of the
         | ruling party, while formally retaining their rights to block
         | anyone who's views they don't like. This is not a theoretical
         | problem and this is what happening now.
         | 
         | So the free world is not facing a difficult problem, how to
         | balance the possibility (and dire necessity!) of having a
         | public discourse on painful problems faced by the society with
         | the rights of the commercial platforms that this discourse
         | takes place on. I'd prefer Twitter to be politically neutral
         | than trying to actively taking one side. That would be better
         | for them, for their users, and basically for everybody. And it
         | is actually fully within their rights.
        
         | bko wrote:
         | > This is key for a good user experience
         | 
         | Do you think Twitter optimizes their speech policies for a good
         | user experience? My impression is that things that are very
         | mainstream are disallowed on Twitter while very fringe ideas as
         | allowed
        
           | 542458 wrote:
           | I apologize if I was unclear - the post I was replying to was
           | making a general statement about moderation, and so was I.
           | Some level of moderation is essential to keep good user
           | experience. I do not know enough about twitter's particular
           | moderation policies to comment on them. It is possible (and
           | likely) that they could be improved - but I do not think
           | removing all moderation would be an improvement.
        
             | bko wrote:
             | Thanks for clearing that up. Moderation is definitely
             | important but moderation, apart from the obvious abuse and
             | illegality, should be done on the smallest level possible.
             | Banning someone from a platform for expressing an offensive
             | view is not moderation; its censorship. Creating
             | customizable user filters or groups that hide these people
             | is a better answer. Reddit has a lot of their own problems,
             | but the federated model of subreddits works. The problem
             | arises when some subreddits are banned or the overlap of
             | mods on each subreddit, but in principal its correct.
             | 
             | I would love shared filters on twitter. For instance, if I
             | don't want to hear things about topic X, I can download a
             | topic X filter that's community maintained that hides posts
             | from troll accounts or keywords. You can mix and match
             | filters. This is better than banning people. Is twitter
             | going to allow back all those people that were banned for
             | discussing lab theory?
        
               | coldpie wrote:
               | > Moderation is definitely important but moderation,
               | apart from the obvious abuse and illegality, should be
               | done on the smallest level possible.
               | 
               | That's your opinion, and you're absolutely welcome to
               | hold it. I understand that position, but I don't agree,
               | and I would prefer a more strongly moderated platform.
               | That's my opinion. If a platform has too little
               | moderation for my tastes, I may choose to leave it, and
               | that would be bad for an ad-based platform's
               | profitability, not to mention network effects, etc. Given
               | enough users (and employees!) who think like me, the
               | platform has an incentive to perform stronger moderation.
               | 
               | I think we should have more platforms to choose from, and
               | maybe even require some kind of inter-operation between
               | them. We should enforce existing anti-trust law on these
               | big platforms, not try to force them to change their
               | moderation policies.
        
               | philistine wrote:
               | Show me people banned for only discussing the lab theory.
               | There was a global mistake in harshly categorizing the
               | lab leak theory as wrong, but the people who were banned
               | were banned because they used the theory (which it still
               | is) to advance dangerous views that Twitter decided not
               | to engage with.
               | 
               | There's the word media in social media. A newspaper will
               | carry a theory, but not an article using the theory to
               | spuriously decry public health mesures.
        
               | themitigating wrote:
               | " apart from the obvious abuse.."
               | 
               | "Banning someone from a platform for expressing an
               | offensive view is not moderation"
               | 
               | What if an offensive view creates abuse? Who defines
               | obvious?
        
               | bko wrote:
               | Abuse is spam, doxxing, fraud, etc. Very narrow. I don't
               | think this should include something like banning someone
               | for saying "learn to code" because its a "targeted
               | harassment campaign" [0]. However you can pose with the
               | severed head of a sitting US president and that'll be
               | okay and still standing up today [1] . Come on.
               | 
               | [0] https://reason.com/2019/03/11/learn-to-code-twitter-
               | harassme...
               | 
               | [1] https://twitter.com/kathygriffin/status/1323893513226
               | 870786
        
             | simondotau wrote:
             | Nearly all of the useful "moderation" on Twitter is _me
             | choosing who I follow._ Some of it is me choosing who I
             | block. Everything else is a rounding error by comparison.
             | Or at least it _should be._ I 've no idea how involved
             | Twitter's algorithms are in my experience and that scares
             | me a little bit.
             | 
             | I don't mind if Twitter wants to offer me their own opinion
             | about which posts are bad and which people are bad, but I
             | should be allowed to opt out of that. Better still, they
             | could have multiple competing paid services offering
             | filtering/blocking tailored to different themes. Paid--
             | because if they have an economic incentive to satisfy their
             | subscribers, they'll satisfy their subscribers. The problem
             | with the free filtering done by Twitter today is that they
             | have an economic incentive to satisfy their shareholders.
        
               | fortran77 wrote:
               | There are certain topics on twitter that if I say
               | anything about them, even in passing, I'll get dozens of
               | automated @ replies trying to spam something to me.
               | Blocking accounts who use @ to spam would be an example
               | of worthwhile moderation.
               | 
               | On the other hand, blocking someone for making jokes
               | about a celebrity's weight (which Twitter has done!), is
               | something that, in my opinion, is an example of an
               | overreach.
        
               | simondotau wrote:
               | The existence of spam is an immutable fact of any
               | platform, the only question is how sophisticated they
               | need to be to clear whatever hurdles are placed in front
               | of them. Smarter filtering of spam will only lead to more
               | sophisticated spammers.
        
               | wokwokwok wrote:
               | > Nearly all of the useful "moderation" on Twitter is me
               | choosing who I follow. Some of it is me choosing who I
               | block. Everything else is a rounding error by comparison.
               | Or at least it should be.
               | 
               | Not really.
               | 
               | ...you appreciate the point being made by the parent post
               | right?
               | 
               | Unmoderated communities devolve, in practice, to porn,
               | scams, flame wars and trolling. There's lots of evidence
               | that's how things turn out.
               | 
               | What you're after is _different_ moderation, not _no
               | moderation_ ; what you see as excessive moderation can't
               | be replaced with _no moderation_ without creating a clone
               | of 4chan.
               | 
               | So.. I guess.. just remember what you're asking for is
               | actually a bad thing. What you actually want isn't what
               | you're asking for; unless what you want is 4chan, in
               | which case, you can just go hang out there instead of on
               | twitter..
        
               | simondotau wrote:
               | For what it's worth, my day job is running a reasonably
               | large discussion forum (whirlpool.net.au) which is
               | relatively famous for its heavy-handed moderation. We
               | aren't shy on banning people and we stamp down on trolls
               | hard.
               | 
               | But I don't see the parallel between that kind of
               | moderation and a firehose like Twitter. My experience of
               | twitter is almost entirely defined by the people I
               | follow. Yes there's junk and the occasional troll, but
               | I'm an adult capable of making observations about the
               | properties of any "bad" content I might see. Expecting
               | other people to sanitise my experience for me is
               | unhealthy and doomed to failure.
        
               | wokwokwok wrote:
               | > My experience of twitter is almost entirely defined by
               | the people I follow
               | 
               | This is probably, broadly speaking, false.
               | 
               | Maybe it was once true, and maybe it _should_ be true,
               | but I guess it's more likely that most people (including
               | you) see and interact with all the people you follow,
               | interacting with all the people _they follow_ (retweets,
               | etc.) interacting with all the people _they_ follow.
               | 
               | 3 degrees of separation.
               | 
               | If you never saw any tweets other than the _immediate
               | people you follow_ tweeting _to each other_ , then
               | perhaps... but, that's not how twitter works.
               | 
               | ...and then on top of that, how did you end up following
               | those people? Personal friends? Or perhaps, via twitters
               | moderated hash tags?
               | 
               | That's _different_ moderation, not _no moderation_.
               | 
               | What you're describing is something closer to
               | signal/WhatsApp groups; different, much less moderated
               | personal groups. Sure. Good for what it is...
               | 
               | There's an app for that; it's just not twitter.
        
               | simondotau wrote:
               | > Maybe it was once true, and maybe it should be true
               | 
               | Which is pretty much exactly the point I was making in my
               | original contribution to this thread.
               | 
               | Yes to the degrees of separation. That's the point of
               | following people--to be exposed to their curation. I
               | followed many people because they were friends of
               | friends; I've unfollowed many people because I wasn't
               | impressed with the people they interacted with, even if I
               | had no problem with them.
        
         | spamizbad wrote:
         | You raise a good point that does make me wonder: why isn't
         | there more pressure from free speech advocates to liberalize
         | moderation on HN?
        
           | moduspol wrote:
           | If the moderation here starts banning / shadow-banning /
           | hiding prominent voices that run counter to HN's politics,
           | they will.
        
             | spamizbad wrote:
             | Assuming the content is the same: why is censoring a
             | prominent voice worse than censoring someone less well-
             | known? Prominent voices inherently have greater platform
             | access, professional clout, etc. Whereas lesser-known
             | figures do not have such privileges and are therefor more
             | greatly impacted by censorship.
        
               | moduspol wrote:
               | Prominence just makes it tougher for the platform to
               | avoid ambiguity in their justifications. Some moderation
               | is valid but other times it can be too much. None of us
               | have the time to spend personally reviewing the claims of
               | every contributor who feels like they were treated
               | unfairly.
               | 
               | We see this with Twitter now. People complain about
               | various tweets being blocked, and there's always a "back-
               | and-forth" about how Tweet A is against their guidelines
               | but somehow Tweet B isn't. But when they outright ban
               | (e.g.) Donald Trump, there's no ambiguity any more. The
               | discussion moves beyond the minutia of spam / bot
               | handling and into something more concrete.
               | 
               | Though you're right: censorship of those with smaller
               | voices is at least as problematic. We just all ultimately
               | have limited resources available and focusing on the more
               | clear-cut examples is more likely to be successful.
        
           | AuryGlenz wrote:
           | I've not noticed a political slant to moderation here. The
           | primary aim seems to just be keeping things civil.
        
           | EL_Loco wrote:
           | Because moderation here works quite well and they usually
           | aren't the ones being moderated. Like someone wrote earlier
           | in this thread, why aren't the free speech advocates using
           | less HN to debate hacker/tech stuff and using more 8chan or
           | something?
        
             | bnralt wrote:
             | > Because moderation here works quite well
             | 
             | I think that probably stems mostly from Hacker News
             | avoiding controversial subjects in general. When they do
             | slip through, the moderation can be pretty bad,
             | particularly when it comes to new accounts. I've seem
             | innocuous comments shadowbanned for voicing fairly
             | milquetoast heterodox opinions (with shadowbanning in
             | general being a pretty unpleasant action). Usually that
             | isn't an issue with accounts that have been here for a long
             | time, but since Hacker News doesn't allow people to delete
             | comments, you have to be comfortable with having that
             | comment tied to you for decades to come (not always the
             | safest thing in this environment).
             | 
             | The whole thing ends up exerting a chilling effect on
             | alternative opinions.
        
           | saagarjha wrote:
           | Relevant username ;)
        
           | TigeriusKirk wrote:
           | This site self-selects. People who think the moderation is
           | good stay, people who think it is bad leave. There are plenty
           | of alternatives to this site, you can easily find one that
           | suits your needs. It's not an effective monopoly like the big
           | social media giants.
        
           | unethical_ban wrote:
           | As someone who sees dead comments, the moderation here is
           | pretty damned good.
        
           | P_I_Staker wrote:
           | If it ain't broke, don't fix it. Discourse on HN is a breath
           | of fresh air compared to reddit, where everything is a
           | knockdown, dragout deathmatch.
        
         | pwdisswordfish9 wrote:
         | > Left alone user content rapidly devolves into the most low-
         | effort salient content - flame wars, political proselytizing
         | and porn, mostly.
         | 
         | Polemics, porn, and politics
        
         | LanceH wrote:
         | It does become an issue of government censorship when the heads
         | of these companies are hauled before congress with the threat
         | of breakup or regulation, while simultaneously being questioned
         | about the "incorrect" speech they allow on their platforms.
        
         | parkingrift wrote:
         | It is completely acceptable for you to choose to moderate your
         | platform to only allow the content you choose.
         | 
         | The caveat is that you should lose your 230 protections. We
         | should only protect neutral, lawful, platforms from user
         | generated content.
        
         | JohnWhigham wrote:
         | What if ISPs start really inspecting your traffic and then ban
         | you when you start visiting certain sites they don't like? You
         | going to say the same thing then especially when how ingrained
         | the Internet has become in everyday life?
        
           | chasd00 wrote:
           | I'm surprised this hasn't already happened. If everyone's
           | browsing history was published in the way everyone's opinion
           | is published on twitter then I bet ISPs would be blocking
           | sites left and right
        
         | macspoofing wrote:
         | >free speech in the sense of "everybody should be forced to
         | platform every idea" is silly IMO.
         | 
         | That's a red-herring. The debate isn't really about free speech
         | rights on a private platform. 'Web-scale' platforms will always
         | need a certain level of moderation. This debate is really about
         | the who is within the Overton window and who isn't.
         | Conservatives and certain parts of the Progressive Left want to
         | be within this Overton window, while mainstream Democrats want
         | to keep them out.
         | 
         | Having said that, there is a related matter of government's
         | indirect incursion into moderation policies of private social
         | media companies, by way of use of executive and legislative
         | threats, and what that actually means for constitutionally
         | protected speech. Right now that part is ignored by the
         | supporters of one political party because it serves their
         | political goals.
        
         | farmerstan wrote:
         | It's not just the government. Companies like Twitter are so
         | ubiquitous that they are a form of government entity now,
         | especially when they enforce government talking points. When
         | Twitter decides that talking about the lab leak theory gets you
         | kicked off the platform, they are becoming nothing more than a
         | government tool. This was the breaking point for Musk and for
         | me as well.
         | 
         | Not giving a "platform" to alternative views, no matter how
         | "damaging" you or the government feels it is is crucial for a
         | democracy.
        
         | hwers wrote:
         | I think we're not discussing the real point here which isn't
         | whether "full completely unregulated free speech" should be the
         | norm on twitter or not. Elon isn't proposing allowing CP or
         | whatever the worst stuff you see on 8chan is. The battleground
         | is simply in a much subtler grey area of idea space. Elon
         | basically seems to think there's been push to disallow
         | discussion about quite reasonable subjects (which indeed would
         | have been allowed on HN too, e.g. covid vaccine pros and cons)
         | and he'd like it to be allowed again.
         | 
         | Note also that twitter is quite different from traditional
         | forums in the way it's structured. You follow people, you can
         | block people. The analogy to traditional forums needing
         | moderation isn't really one-to-one.
        
           | IG_Semmelweiss wrote:
           | Indeed.
           | 
           | The subtle point is that the public forum cannot be owned,
           | and that while the public forum is subject to the law, no one
           | can moderate its content.
           | 
           | What has effectively happened is that the public forum has
           | arisen in the cyberspace. We were not prepared for that since
           | that has never happened.
           | 
           | If the govt hired a contractor to oversee a public good, the
           | contractor could not decide who was allowed in or not, or who
           | was allowed to speak, that wouldn't fly under the law.
           | 
           | Some of the large platforms have (accidentally?) come to own
           | the commons. They cant exercise control just like any other
           | standard property, while the commons are still subject to the
           | law of the land.
           | 
           | Instead of a blanket statement like "my property, my rules"
           | we should be working to define the commons. That is a valid
           | debate. We can debate that definition, which is similar to
           | "what constitutes a monopoly?"
        
             | bavell wrote:
             | This is the correct perspective imo. Our tech has outpaced
             | our laws. We as a society need to rethink how we operate
             | and move forward with these new technologies without being
             | buried under the wave of change they bring.
             | 
             | Section 230 was our first attempt and it has served us
             | decently. I think it's time for a tune-up with a fresh
             | perspective now that we have a few decades of experience
             | under our belt.
        
           | mupuff1234 wrote:
           | Pretty sure you can discuss cons of vaccinations as long as
           | you don't delve into conspiracy theories / claims without
           | scientific backing.
           | 
           | Edit: But I do recall the COVID origin discussion being quite
           | a censorship trainwreck.
        
             | hwers wrote:
             | Making claims without scientific backing probably shouldn't
             | be a bannable offence. The spirit of science is about
             | discussion and counter arguments and being open to being
             | wrong or even the idea that the consensus might be invalid,
             | not about coercion.
        
               | JumpCrisscross wrote:
               | > _spirit of science is about discussion and counter
               | arguments and being open to being wrong or even the idea
               | that the consensus might be invalid_
               | 
               | I have seen very few antivax arguments made in the spirit
               | of science. Those that were got repeated lacking the
               | original comment's nuance.
               | 
               | Keep in mind that the spirit of science was developed
               | with the gates of wealth, literacy and education in mind.
               | Remove those, add in anonymity, or even pseudonymity, and
               | the system veers towards chaos. We are far more open,
               | today, than the Enlightenment-era West was. That requires
               | new tools and guardrails. (What this discussion, broadly,
               | is about.)
        
               | scurraorbis wrote:
        
               | SketchySeaBeast wrote:
               | Well now you're just making a "no true vaccine
               | skepticism" argument. We heard concerns about massive
               | increases in blood clots, in infertility, that it would
               | kill more people than covid, that it changed your DNA,
               | that it increased rates of miscarriage, a ton of wild and
               | crazy things and even more mundane things like because
               | you could still get COVID afterwards the shot was
               | worthless. You can't just say "well, us REAL sceptics
               | (sic) only believed a and b, but not c-z, therefore all
               | the skepticism was correct."
        
               | simondotau wrote:
               | Indeed. The only way any of the sceptics' claims have
               | even a sliver of validity is as a _motte-and-bailey
               | fallacy_ of their original claims. For example, the claim
               | that the vaccine doesn 't work morphed into the claim
               | that the vaccine doesn't stop transmission--a claim which
               | wasn't even true until the delta strain showed up.
               | Omicron has been a substantial challenge to vaccine
               | efficacy (vaccines which, it's important to remember, are
               | still only tuned to wild type COVID-19) but they're still
               | providing significant protection as proven in large scale
               | statistics.
        
               | scurraorbis wrote:
        
               | simondotau wrote:
               | https://twitter.com/jburnmurdoch/status/15034206608692142
               | 13?...
               | 
               | End of story.
        
               | scurraorbis wrote:
        
               | scurraorbis wrote:
        
               | SketchySeaBeast wrote:
               | I certainly can't address all your points as we're
               | quickly spiraling into incomprehensibility, but I don't
               | think it's unfair to say that for the majority of those
               | points as "there's at least a small chance they are
               | possible". That doesn't warrant a victory lap as any sort
               | of triumph of the skeptical viewpoint. You've shifted
               | your argument from your doubts have been proven true to
               | your doubts still existing, which is incredibly fitting
               | for the your initial argument and vaccine skepticism in
               | general.
        
               | scurraorbis wrote:
               | Incomprehensibility? Where exactly is what I write
               | incomprehensible? And the response to not understanding
               | some points is that you don't address any points and
               | declare victory? That's bad faith.
               | 
               | Meanwhile my post fades into grey soon to be invisible
               | and then the next person like you can claim that they
               | just don't see those science-minded vaccine skepticism
               | comments / posts.
               | 
               | > You've shifted your argument from your doubts have been
               | proven true
               | 
               | No, that's not what I did. I showed that there is
               | actually evidence for each of the points you brought up.
        
               | bavell wrote:
               | Keep in mind, Merriam-Webster changed the definition of
               | 'anti-vax' to include being against vaccine mandates [0].
               | So if you are against mandatory COVID vaccines for 5 year
               | olds, you are technically an 'antivaxer'.
               | 
               | I don't know how many people have gotten banned over this
               | (though I'd guess nonzero) but it shows just how easy it
               | is to fall under the new draconian speech policies
               | enacted by the majority of social media.
               | 
               | [0] https://www.merriam-webster.com/dictionary/anti-
               | vaxxer
        
             | scurraorbis wrote:
             | People get banned from yt and twitter for quoting
             | scientific papers that don't align with "the message". In
             | fact it's been yts official policy since mid 2020 to ban
             | anything COVID that doesn't conform to what the WHO is
             | saying.
        
             | breakfastduck wrote:
             | Thats _supposed_ to be how it works, but in reality the
             | decisions skew much more towards  'that person disagrees
             | with what I personally believe, so ban'
        
         | LMYahooTFY wrote:
         | You're arguing as if "platforms" exist in a vacuum, sealed off
         | from the the 'free expression area'.
         | 
         | How much do you think Twitter matters?
        
         | jdrc wrote:
         | what brought people here was not the moderation, but the
         | (perceived) access to SV people and capital
        
         | core-utility wrote:
         | I think the large issue with some of these major platforms is
         | that there's some pretty transparent government "suggestion"
         | into these platforms regulating speech that the government
         | doesn't like. It's along the lines of "take care of this or
         | you'll be getting some "help" with your taxes, stocks, etc."
        
         | kodah wrote:
         | I think this topic is a little messier than how you put it.
         | 
         | 4chan's /b/ is the same exact place that:
         | 
         | - posted racist, misogynist, misandrist, and shocking porn
         | 
         | - stood up to scientology
         | 
         | - acted as an obfuscator for anonymous
         | 
         | - led raids on other communities
         | 
         | A normal person can pick the things out of that list they don't
         | want and say "be gone". The problem is, the other things on
         | that list don't exist without it. This is generally the
         | allegory and type of connection that keeps our idea of
         | "government free speech" tied somewhat closely with (what I
         | call) "personal free speech".
         | 
         | On the other hand, I moderate smaller communities than /b/ (and
         | other large forums) and I agree, in these smaller settings
         | there are left and right political grifters, there's content
         | that will cause people to leave or backlash, and endless
         | personal disputes that must be mediated.
         | 
         | The problems between my small communities (a couple thousand)
         | and large forums (hundreds of thousands, sometimes millions)
         | are very different, and they serve a very different purpose in
         | the larger ecosystem of communication that I think is difficult
         | to quantify.
        
         | josephcsible wrote:
         | > "everybody should be forced to platform every idea"
         | 
         | Not everybody should have to, but the behemoths that are the
         | only thing that resembles a public square today, e.g.,
         | Facebook, Twitter, YouTube, and Reddit, should have to.
        
         | rubyfan wrote:
         | 100% agree. Freedom of speech protects you _from_ government.
         | The idea that government should compel commercial or private
         | entities to give all voices a megaphone is misguided.
        
           | dmix wrote:
           | Free speech is a cultural phenomenon in _addition_ to a
           | constitutional policy.
           | 
           | Everyone wants to reduce everything to laws for some reason
           | when the whole reason they are laws is because we value them
           | culturally. The law is a last resort. We shouldn't be setting
           | societal boundaries merely on extreme limits of law.
           | 
           | Trying to fix these cultural issues at gunpoint via courts is
           | no better than trying to fix culture via censorship and
           | social isolation.
        
             | vsareto wrote:
             | There is this constant borrowing of justification from the
             | constitutional/legal side to argue that companies should
             | moderate their platforms in a particular way.
             | 
             | Then there is just a marketing angle of saying you're free
             | speech to pull users from the platform that you think is
             | against free speech.
             | 
             | The whole thing feels really shaky as a genuine movement
             | and feels more like regulating companies they don't like.
        
           | alecbz wrote:
           | This (the Musk thing) isn't about that though, right? It's
           | just him wanting the platform to be more open, not wanting
           | the government to require that any particular platform be
           | open.
        
             | adamsmith143 wrote:
             | >This (the Musk thing) isn't about that though, right? It's
             | just him wanting the platform to be more open, not wanting
             | the government to require that any particular platform be
             | open.
             | 
             | What is Musk's definition of open? How is that any better
             | than the status quo? Because your bias happens to overlap
             | with Musk's? Given his treatment of whistleblowers and
             | employees at his current companies it's not at all clear
             | that he actually values openness and free speech.
        
           | detcader wrote:
           | Which user in the chain of comments above is arguing that
           | "government should compel commercial or private entities to
           | give all voices a megaphone"?
        
           | bko wrote:
           | What about if the government tells private platforms what
           | speech is acceptable, going so far as flagging "problematic"
           | posts?
        
             | JumpCrisscross wrote:
             | > _What about if the government tells private platforms
             | what speech is acceptable, going so far as flagging
             | "problematic" posts?_
             | 
             | Then it would be a clearly different situation.
        
               | bko wrote:
               | > Biden administration 'flagging problematic posts for
               | Facebook,' Psaki says
               | 
               | If you think that social medias speech policies are
               | developed in a vacuum from influence from politicians,
               | then you're mistaken. How could it be? Imagine being a
               | CEO and getting dragged in front of Congress every 6
               | months to explain yourself. Or politicians calling your
               | platform a threat to democracy and threatening to break
               | you up. You think that would have no impact on your
               | speech policies?
               | 
               | What would government restriction on speech look like if
               | not soft (effective) influence on big media companies?
               | 
               | https://news.yahoo.com/biden-administration-flagging-
               | problem...
        
               | JumpCrisscross wrote:
               | > _if you think that social medias speech policies are
               | developed in a vacuum from influence from politicians_
               | 
               | Moving the goalpost. Nobody claimed private companies
               | should _ignore_ government sources.
               | 
               | You asked about "the government tell[ing] private
               | platforms what speech is acceptable." That would be a
               | First Amendment violation.
               | 
               | > _What would government restriction on speech look like
               | if not soft (effective) influence on big media
               | companies?_
               | 
               | Flippantly: Russia.
               | 
               | Less flippantly: freedoms exist in balance. Taking an
               | absolutist stance on individual speech curtails freedom
               | of association. In practice, I suspect it will make most
               | social media unusable in its current form. (Which may be
               | for the worst.)
        
               | xienze wrote:
               | > Moving the goalpost. Nobody claimed private companies
               | should ignore government sources.
               | 
               | You asked about "the government tell[ing] private
               | platforms what speech is acceptable." That would be a
               | First Amendment violation.
               | 
               | You saw the parent's linked article about the White House
               | flagging posts for Facebook, right? Are you trying to
               | make the argument that it's OK if the government
               | "suggests" what Facebook/Twitter should do with posts on
               | their platform, but they're only crossing the line if
               | they _make_ Facebook/Twitter flag certain posts? I think
               | it's a distinction without difference. The usual scenario
               | I give people in this situation is, how would your view
               | on this change if Trump "suggested" how Facebook could
               | flag certain posts and then Facebook followed through
               | with it. No demands, just "suggestions." Still OK with
               | this relationship between the government and a private
               | company?
        
               | JumpCrisscross wrote:
               | > _Are you trying to make the argument that it 's OK if
               | the government "suggests" what Facebook/Twitter should do
               | with posts on their platform, but they're only crossing
               | the line if they _make_ Facebook/Twitter flag certain
               | posts?_
               | 
               | No. Nobody was. That's why it was moving the goalpost
               | [1].
               | 
               | [1] https://en.m.wikipedia.org/wiki/Moving_the_goalposts
        
           | enchiridion wrote:
           | That's what the first amendment does.
           | 
           | Free speech is a fundamental human right, outside of any
           | document.
        
             | themitigating wrote:
             | Since that's not part of any document it's your opinion as
             | to what "Free speech" is and if it's a human right
        
           | P_I_Staker wrote:
           | I don't. I agree approximately 60-85%. The reality is that
           | big media companies can shape information. This has been
           | going on for years and arguably had a role in getting us into
           | the war in Iraq.
           | 
           | Either way, we are shaping the landscape of free speech, when
           | that's how the vast majority of communication, discussion and
           | organizing happens.
           | 
           | That said, I don't know how someone looks at the history of
           | reddit and still wants uncheck free speech.
        
           | nottorp wrote:
           | That was before global social networking. Now if you're not
           | on the big platforms your opinion may as well not exist.
           | 
           | "Oligopoly".
           | 
           | With the added problem that the big platforms are all subject
           | to US "moral" censorship. Which a takeover by Musk won't fix.
        
             | frob wrote:
             | > Now if you're not on the big platforms your opinion may
             | as well not exist.
             | 
             | I'm no so sure about that. Since leaving social media, I've
             | become quite involved in local politics. I now know some
             | state legislators on a first-name basis and multiple
             | directors of state departments in multiple states. I can
             | call up people I've helped get elected and get my thoughts
             | right to them. I find my opinion to effect much more change
             | than it did when I was shouting into the digital void.
        
               | nottorp wrote:
               | > I can call up people I've helped get elected and get my
               | thoughts right to them.
               | 
               | How about regular citizens who voted for those people but
               | didn't "help them get elected"? Do they get to voice
               | their opinions? Or what you're saying is that your
               | politicians only serve those who directly donated
               | resources (time is a resource) to them? Even though they
               | should theoretically serve their whole constituency?
        
               | frob wrote:
               | They absolutely do. The vast majority of the events I
               | interact with these people at are open to the public with
               | announcements in local news papers. They have dedicated
               | communication channels. The last person I helped spent
               | every Saturday for two months hanging out at the town
               | dump to meet people and hear their concerns. He is
               | planning on making it a monthly event going forward. It
               | can be amazing how empty town, village, and county board
               | meetings are. Show up, state your opinion in a respectful
               | manner, come prepared with an informed argument, and take
               | the time to chat with people afterwards. They'll remember
               | you and if you have a consistent track record of being
               | level-headed and productive, you can start to carry some
               | real influence.
               | 
               | Like much in life, half the battle is just showing up.
        
               | jcranmer wrote:
               | If you can't be bothered to contact your representative,
               | how does your representative know your opinion?
               | 
               | You don't need social media to inform your representative
               | of your opinions--and quite frankly, more direct
               | communication is probably _more effective_ in informing
               | your representative of your opinions than social media.
        
               | deelly wrote:
               | > Since leaving social media
               | 
               | Oh, irony..
        
             | jameshart wrote:
             | Are you somehow under the impression that having your
             | opinion published on Twitter is the same as having your
             | opinion _matter_?
        
             | EL_Loco wrote:
             | >Now if you're not on the big platforms your opinion may as
             | well not exist.
             | 
             | This view somewhat misses the point. If you get on the big
             | platforms and become famous, TODAY, you might have an
             | opinion that matters to quite a few people. What about
             | BEFORE? What platform were the big youtubers using in 2002?
             | The big instagram influencers, where were their voices
             | being heard in 1998? Paraphrasing you, "their opinions
             | didn't exist".
        
             | smachiz wrote:
             | The "Big Platforms" used to be newspapers, and then TV....
             | there has always been editing and curation.
             | 
             | Social Media actually was a huge "democratization" of the
             | ability to give a very large voice to some very minority
             | views.
             | 
             | Previously we had subjective - but real - barriers to
             | having a voice.
        
             | themitigating wrote:
             | Before global social media there were newspapers, TV
             | networks, and books. If you weren't on them, which was much
             | harder to get on, your opinion didn't matter
        
             | lolinder wrote:
             | > Now if you're not on the big platforms your opinion may
             | as well not exist.
             | 
             | As someone who lives in a deep red state, I can tell you
             | that the banning of various alt-right voices from
             | mainstream social media has amplified their appeal among
             | those inclined to listen, not eliminated it. There are
             | plenty of channels for sharing your ideas besides Facebook
             | and Twitter, and they use them.
        
             | samstave wrote:
             | (Not related to FB's META)
             | 
             | --
             | 
             | But we live in a Meta-gopoly. Basically a control system by
             | pseudo-chosen monopolies in various verticals that are all
             | run by NGOs, but in bed with GOs.... with a revolving door
             | of influence.
             | 
             | Look at the revolving door between FB and the NSA, or the
             | fact that Amazon is building, running GovCloud, or that the
             | CEO owns one of the big media firms, and that he is able to
             | get clearance for satellites and rocket launches...
             | 
             | The non-existent lines between global corporate influence
             | and which governments either benefit or suffer from the
             | tech reach is quite disturbing.
        
             | ss108 wrote:
             | TIL that, despite the fact that I vote and write and
             | discuss things with my friends, my opinion doesn't exist
             | because I don't share it on Twitter or Facebook.
             | 
             | come on man
        
             | coldpie wrote:
             | The solution to that is to break up big companies, not
             | compel them to platform hate speech.
        
             | Xylakant wrote:
             | What about the people that get pushed off those large
             | platforms through constant abuse, threats and trolling? Do
             | their opinions not matter? Or more general: at what point
             | does an utterance stop being an opinion and start being
             | assault?
        
               | [deleted]
        
               | bogantech wrote:
               | > at what point does an utterance stop being an opinion
               | and start being assault?
               | 
               | At the point defined by the letter of the law
        
               | fortran77 wrote:
               | > At the point defined by the letter of the law
               | 
               | Well, then, it's interesting that Spike Lee's comments
               | were judged to be threatening harassment (he settled
               | after legal action was taken against him and a judge
               | ruled the case could proceed), yet he was never banned or
               | removed from twitter.
               | 
               | https://www.theguardian.com/film/2013/nov/12/spike-lee-
               | sued-...
               | 
               | Let me be clear, this isn't about the Martin case -- this
               | is about an uninvolved person who had nothing to do with
               | the case at all being singled out for harassment by Spike
               | Lee. And @Jack thought it was just fine. This isn't about
               | supporting some stealth agenda; it's about not telling a
               | posse to attack some innocent old man.
        
               | Xylakant wrote:
               | Which law? US law? German law? Chinese law?
               | 
               | What about cases where the defendant can't pony up the
               | money to sue? What about cases where the defendant has no
               | viable way to sue in the US, where the social media
               | networks mostly reside?
        
               | bogantech wrote:
               | > Which law? US law? German law? Chinese law? That
               | depends on where the abuser is I guess?
               | 
               | > What about cases where the defendant can't pony up the
               | money to sue?
               | 
               | You don't sue abusers and people who send you death
               | threats you report them to the police
        
               | Xylakant wrote:
               | The police will do fuck nothing - if you excuse my
               | language.
        
               | zackees wrote:
        
             | basisword wrote:
             | >> Now if you're not on the big platforms your opinion may
             | as well not exist.
             | 
             | Before global social networks your opinion didn't matter
             | either. And that was probably a good thing. People are
             | entitled to their opinions but most peoples opinions are
             | idiotic and shouldn't be broadcast around the world to be
             | picked up and amplified by other idiots.
        
               | nottorp wrote:
               | >>> Now if you're not on the big platforms your opinion
               | may as well not exist.
               | 
               | > Before global social networks your opinion didn't
               | matter either. And that was probably a good thing. People
               | are entitled to their opinions but most peoples opinions
               | are idiotic and shouldn't be broadcast around the world
               | to be picked up and amplified by other idiots.
               | 
               | Oh but who decides what opinions are idiotic? This is how
               | the idea of free speech emerged :)
        
               | smcl wrote:
               | > Oh but who decides what opinions are idiotic?
               | 
               | I'll gladly clear this one up for you. It is: whoever
               | decided the T&Cs of the platform you're using - the ones
               | you agreed to when you signed up.
               | 
               | If you're banned from Twitter for posting white
               | supremacist hate speech, paedophilia, for organizing
               | targetted harrassment or anything else Twitter deems
               | contrary to their T&Cs remember that (depending on where
               | you live) while you may have the right to express
               | yourself, I have the right as the operator of a platform
               | not to listen to you or have you on my platform.
               | 
               | What most of the people whining about being booted from
               | Twitter are upset about is that they aren't able to annoy
               | the people they want to anymore. I'm fine with this.
        
               | wussboy wrote:
               | Deleted by me
        
               | JumpCrisscross wrote:
               | > _who decides what opinions are idiotic?_
               | 
               | This is a valid question. The answer is clearly not a
               | firehose--free speech absolutist forums are selected
               | against by users for the toxic pits they devolve into.
               | 
               | Multiple forums and the gating mechanisms of wealth and
               | literacy were the Enlightenment era's filters. We don't
               | want nor have those any more.
        
               | ohwellhere wrote:
               | The question is further interesting because social media
               | already tried to answer it: you do, for yourself!
               | 
               | At scale, with naive ML clustering algorithms that also
               | prioritize engagement... that devolves into bubbles.
               | 
               | (I think that's still the right answer, but the
               | implementations need work.)
        
               | BrianOnHN wrote:
               | Do both democratic and meritocratic methods of polling
               | suggest the opinion is harmful? Delete.
               | 
               | Otherwise it stays until consensus.
               | 
               | The edge cases pale in comparison to the broadly accepted
               | manipulation of a near-majority. And furthermore compared
               | to the point-of-no-return where the majority is
               | sufficiently manipulated.
               | 
               | Edit: downstream comments emphasizing the edge cases
               | must've missed my last paragraph. The improvement only
               | has to be better than doing nothing. Right now doing
               | nothing is arguably acutely affecting almost 50% of the
               | US population. No way the edge cases add up to that.
        
               | nradov wrote:
               | Should the majority be able to suppress the speech of
               | minorities when they express unpopular opinions on, let's
               | say, civil rights and equality? What is meritocratic
               | polling and who specifically gets to evaluate merit?
        
               | JumpCrisscross wrote:
               | > _democratic and meritocratic methods of polling suggest
               | the opinion is harmful? Delete._
               | 
               | This is, in essence, selecting for experts spouting
               | popular opinions. That's a dangerous incentive model.
               | (All before we even get to the question of delineating
               | the experts.)
        
               | ImPostingOnHN wrote:
               | it's almost as dangerous as non-experts spouting bad,
               | counterfactual objective claims and pretending they are
               | experts
        
               | pigeonhole123 wrote:
               | Which doesn't sound very dangerous to me
        
               | monkey_monkey wrote:
               | Except that in the last 12 months, people have literally
               | died because they believed non-experts creating and
               | amplifying anti-vaccine conspiracy theories.
               | 
               | 'I wish I'd been jabbed'...
        
               | BrianOnHN wrote:
               | Thanks for this.
               | 
               | It's like, other people would rather ignore reality, life
               | and death, than budge on their uneducated opinions.
               | 
               | Ego is the enemy.
        
               | [deleted]
        
               | samstave wrote:
               | What a stupid and idiotic question! Why would you even
               | think to ask such a thing?! I'll have you know that _my
               | understanding_ of the situation is so much more evolved
               | than yours, because I saw a headline referring to an
               | article on another site that said that my assumption with
               | no data is correct, as dictated by my emotions being
               | reinforced with the multitude of soundbites affirming my
               | smugness in my perceived expertise based on my OWN
               | research!
        
               | lubesGordi wrote:
               | If I were to get on twitter right now and start posting
               | my opinions, no one would give a shit. There's something
               | else going on that is promoting polarizing opinions and
               | making these forums devolve.
        
               | basisword wrote:
               | I think it's monetisation. In the past, monetising your
               | opinion was difficult. It was limited to a select few who
               | could get on the TV or in the print media. Now, people
               | are incentivised to say things which will generate
               | controversy because eyeballs == money. If you got on
               | Twitter and started posting polarising opinions and
               | worked on promoting those eventually the engagement will
               | (possibly) reach a point where you can gain financially
               | from it and you're now incentivised to continue posting
               | polarising content. The content doesn't even need to be
               | ethically right/wrong, it just needs to make one group of
               | people angry and another defensive. There are plenty of
               | things we need to have a debate about as a society
               | (because they are not black/white and require nuance to
               | solve) but they will never get solved properly because
               | both sides refuse to discuss the issue.
        
           | programmarchy wrote:
           | The government grants charters to corporations. Corporations
           | are thus franchisees of the state. The idea that corporations
           | are sovereign rule makers for society and not bound to the
           | laws of the land is misguided.
           | 
           | If the government charters corporations that suppress free
           | speech, then they are effectively making a law that abridges
           | free speech.
        
           | photochemsyn wrote:
           | The complete merger of the 'private economy' and the 'state
           | government' is a defining feature of both fascism and
           | communism across the 20th century. Such relationships already
           | exist to a large extent across the USA and Europe, notably
           | defense contractors and their government partners, but also
           | increasingly you see corporate media intertwined with state
           | power as well.
        
         | radu_floricica wrote:
         | Some private enterprises are treated like government services
         | and regulated as such. Utilities, for example. I doubt there
         | are many countries where the electricity company can fire a
         | paying client. The key is not who manages or owns the business,
         | but whether it's a commons platform - something needed to
         | function in society.
         | 
         | So yeah, there's a pretty strong case to be made that certain
         | internet companies are like that. Can you survive without
         | social media? Sure, but you can also survive without sewer.
         | It's just a lot harder to live a normal life.
        
           | atourgates wrote:
           | In those cases the solution isn't to force those companies to
           | moderate their content differently, but to prevent them from
           | becoming de-facto monopolies.
           | 
           | The popularity of Twitter, Facebook, Amazon and Google's core
           | products isn't the issue. The issue is that any time a
           | successful competitor comes up, they can just buy them out.
           | 
           | Imagine if Facebook wasn't able to buy Instagram, and it had
           | survived as a competing platform?
           | 
           | There's no need to apply the concept of "free speech" to
           | private companies. There is every need to regulate monopolies
           | so that a handful of tech giants don't have the power to
           | effectively suppress content across the majority of the
           | outlets people are using every day.
        
           | Grazester wrote:
           | If I didn't have a sewer in my city they would throw their
           | shit on the streets like they did 150 years ago. If I didn't
           | have social media absolutely nothing happens. It doesn't
           | become a public safety issue...in fact the public will be
           | better off for it.
        
           | cycomanic wrote:
           | So would you be happy to see ISIS recruiting videos in your
           | feeds? What about your children's? I would consider the calls
           | for free speech much more believable if they had been made
           | when ISIS accounts were blocked. However, people only started
           | calling out when it affected white supremacists or conspiracy
           | theories popular with a portion of the white conservative
           | constituency.
           | 
           | This tells me that most people are quite happy with limits on
           | free speech, just not "their side".
        
           | jliptzin wrote:
           | Comparing social media to sewage is appropriate because they
           | are both filled with shit, not because they are both
           | essential to living a normal life.
        
           | jakelazaroff wrote:
           | I know plenty of people who don't have Twitter accounts and
           | live extremely normal lives. Can you say the same thing about
           | electricity?
        
             | moduspol wrote:
             | > I know plenty of people who don't have Twitter accounts
             | and live extremely normal lives.
             | 
             | Even this I'd say is a stretch. If they're consuming any
             | kind of news or contemporary entertainment, Twitter is
             | absolutely impacting their lives. The degree to which it
             | quickly propagates groupthink and shared narratives is
             | difficult to overstate.
        
               | [deleted]
        
               | jakelazaroff wrote:
               | Do you think pre-Internet mass media -- one-way
               | communication from corporation to consumer -- does _not_
               | propagate groupthink and shared narratives?
               | 
               | We live in a society, so of course popular things will
               | have nth-order effects on everyone's lives. TikTok,
               | Facebook, Fox News, the New York Times, Disney, Nintendo,
               | Steam, Itch, Bandcamp, your friend's podcast. It's
               | extremely unclear to me why Twitter should be singled out
               | here.
        
               | rhn_mk1 wrote:
               | Size. Market penetration of Twitter is orders of
               | magnitude above that of Nintendo or your friend. You
               | should rather ask: how does influence scale relative to
               | size?
        
               | moduspol wrote:
               | > Do you think pre-Internet mass media -- one-way
               | communication from corporation to consumer -- does not
               | propagate groupthink and shared narratives?
               | 
               | It certainly did, but not as quickly, and not in a
               | separate channel from the media itself.
               | 
               | Put bluntly: today's journalists, entertainers, and
               | influencers can very quickly arrive at the same
               | (sometimes factually incorrect) narrative through
               | following the same in-group of people on Twitter, which
               | then results in "real" news, entertainment, and other
               | media being produced that share the same groupthink and
               | narrative. This can happen in hours, even minutes.
               | 
               | But it's not clear to your average consumer that what's
               | dictating the stories on nightly news, Saturday Night
               | Live, or the late night shows is actually Twitter, and
               | the ease with which the same people can create the same
               | bubbles without explicitly coordinating.
        
             | Chris2048 wrote:
             | Not long ago twitter, telephony/mobiles and electricity
             | didn't exist, and people lived normal lives - but over time
             | "normal" is redefined.
             | 
             | The issue isn't twitter, but online discourse in general,
             | and what happens when it becomes "normal". There is also an
             | issue of choice - it is normal _not_ to read books, as many
             | people do not; yet I wouldn 't accept this means you can
             | deprive people who want to read of a library.
        
               | ImPostingOnHN wrote:
               | The post you are responding to was talking about today,
               | now, not "not long ago". Today, now, not having twitter
               | is totally normal.
               | 
               | If you think it might be a necessity in the future, then
               | we can talk about it then, if you're right.
        
               | Chris2048 wrote:
               | By "then" it might be too late - lots of discussions
               | leverage "too late to change now". This is how climate
               | change is in such a horrible state.
               | 
               | Also, who says when we "are there"? Maybe we are already?
        
               | ImPostingOnHN wrote:
               | I don't think it's worth entertaining every
               | prognostication on the off chance that it may eventually
               | one day be true.
               | 
               | As you mentioned, some of them have a convincing case
               | behind them, though, like climate change. Those are worth
               | entertaining, IMO
        
               | Chris2048 wrote:
               | The implication here is that this doesn't have a
               | convincing case behind it? Then when _would_ you act?
               | There are already plenty of monopolies and  "lobbies" in
               | America on the basis of the same efficiency (not acting
               | until it's a "problem") - maybe proactive caution around
               | big business should be the norm given all the historical
               | abuses, from beef to chemicals to medicine to tobacco?
        
               | jakelazaroff wrote:
               | Right, and not long before that didn't have electricity
               | before too. In 2022 in the US, living without electricity
               | is very abnormal. Living without Twitter is... not.
               | 
               | If your issue is online discourse in general, then we're
               | in a good place: it's very easy to set up your own
               | website and distribute whatever content you want without
               | needing permission from corporations.
        
             | rvr_ wrote:
             | Me too. But they have FB accounts, IG accounts, TikTok
             | accounts and so on. The share of people without any kind of
             | social media presence or consumption is shrinking everyday.
        
               | jakelazaroff wrote:
               | Sure. So do we make _all_ of those "public squares"? How
               | many "public squares" can we have before it becomes clear
               | that they're not?
        
               | [deleted]
        
               | [deleted]
        
               | rhn_mk1 wrote:
               | Really? That question is presuming the outcome and has no
               | place in a good faith discussion.
        
               | recursive wrote:
               | Does HN count as social media? If not, I haven't used
               | social media in some years. And to see me on the street,
               | you wouldn't even know I'm a weirdo.
        
             | romeros wrote:
             | Google, Facebook, Youtube, Instagram, Twitter are all
             | private entities. Let's say they don't like the Democratic
             | party. They can single handedly cause a media block out and
             | be able to unfairly influence the elections, view of the
             | world etc. You won't be able to find a single search result
             | or a speech or tweet.
             | 
             | In this context we can't afford to treat these companies as
             | private entities. They should not be able to block/ban
             | whoever they want just because they feel threatened and
             | challenged by their views.
        
               | jakelazaroff wrote:
               | You say "single handedly", but you just named five
               | different services by three different companies. Do you
               | see the problem here?
               | 
               | Are all the radios broken? Do newspapers not exist? Has
               | TV vanished? Fox News alone has millions of viewers every
               | week. There are hundreds of other outlets from which
               | people get their news.
               | 
               | You really think Twitter can unilaterally erase something
               | from public consciousness?
        
               | AuryGlenz wrote:
               | Correct me if I'm wrong, but I believe the majority of
               | those companies already did that with the Hunter Biden
               | laptop story.
               | 
               | If only Fox News is covering something and you're not
               | allowed to talk about it on Twitter, Facebook, etc. then
               | there's no effective way for it to reach everyone who
               | doesn't watch Fox.
        
               | jakelazaroff wrote:
               | Right, which is fine. I don't watch Fox because I don't
               | like the content Fox produces. You seem to be interested
               | in turning Twitter into some sort of firehose wherein I'm
               | _forced_ to consume Fox content anyway.
        
               | BlargMcLarg wrote:
               | This is taking away the very obvious point: at some
               | point, lack of participation alone is seen as a sign of
               | nonconformity. Which itself has caused enough issues for
               | individuals while at least "making it seem" as if the
               | majority are okay with the status quo.
               | 
               | It's one thing to be denied access to these platforms.
               | It's another thing entirely to see a specific opinion
               | pushed on the young and the less critical, trickling down
               | to actual demands, rules and restrictions. These
               | platforms are powerful enough to do so. You can find many
               | examples of misinformation translating to demands in CS
               | and IT alone, and these are still relatively harmless.
        
               | rhn_mk1 wrote:
               | "single-handedly" is a red herring. None of the listed
               | entities needs to band up with another to have a great
               | effect on political or social outcomes.
        
               | jakelazaroff wrote:
               | You're moving the goalposts. There are plenty of entities
               | that can unilaterally have that great effect. That
               | doesn't mean they're so vital to public wellbeing that
               | the government needs to take them over or whatever it is
               | we're talking about.
        
               | rhn_mk1 wrote:
               | I didn't set the goalposts :) I just noticed that there
               | is a miscommunication.
               | 
               | The miscommunication is that you presume "That doesn't
               | mean", whereas the whole discussion is about whether
               | that's desired or not.
        
               | jakelazaroff wrote:
               | I actually don't think giant corporations are desirable.
               | But that's not the discussion people are having here.
               | They're claiming that Twitter is so indispensable, so
               | woven into the fabric of everyday life that it's
               | tantamount to a public utility, like electricity or
               | sewage.
        
               | rhn_mk1 wrote:
               | Which is a perfectly reasonable claim. Rejecting it out
               | of hand doesn't make anyone wiser.
        
               | jakelazaroff wrote:
               | Okay, but you're acting as though it's _the same claim_
               | as "Twitter has a lot of power".
               | 
               | I've explained my reasoning against the utility claim. If
               | you want to defend it, do so. It might be reasonable, but
               | you haven't offered anything other than substituting it
               | with a different argument.
        
               | rhn_mk1 wrote:
               | It's not the same claim as being indispensible, but it's
               | the same claim as being extremely vowen into everyday
               | life. I think that claim reflects what is actually being
               | discussed better. What I offer is not a defense of the
               | claim, but a request to consider the claim seriously.
               | 
               | In the public utility metaphor, utilities were not
               | defined until they became defined. There's no reason to
               | discount a possible category of "utilithing" that shares
               | some properties with the existing one but not others.
               | 
               | It might be that I missed your explanation (was it in a
               | sibling thread?), but in this thread I don't see a
               | consideration for that idea. "They are not so vital" is
               | not an argument against it, but your personal value
               | judgement.
        
               | jakelazaroff wrote:
               | It's in my root comment in this thread. I'm not giving my
               | personal value judgment -- it's the value judgment of the
               | ~75% of adults in the US who don't use Twitter. It's a
               | real stretch to say that something less than a quarter of
               | the population uses is "vital" for everyday life. How
               | many Americans do you think go a month without
               | electricity or sewage?
        
               | the_doctah wrote:
               | And there's already clear evidence of collusion to censor
               | certain entities between those companies. It's hardly a
               | "what if?" scenario.
        
           | danShumway wrote:
           | > So yeah, there's a pretty strong case to be made that
           | certain internet companies are like that. Can you survive
           | without social media? Sure, but you can also survive without
           | sewer. It's just a lot harder to live a normal life.
           | 
           | Holy crud, then break them up if they're that powerful. The
           | right to private moderation is part of the 1st Amendment and
           | should only be abridged in very specific circumstances; don't
           | get rid of the 1st Amendment just because you're scared of
           | Facebook's lobby arm.
           | 
           | There are lots of platforms other than Twitter/Facebook.
           | Anti-monopoly regulation against tech companies has
           | reasonably wide bipartisan support in the US. We also have
           | more evidence nowadays that social media doesn't necessarily
           | have to result in natural monopolies. There are so many
           | things we could do rather than significantly abridge people's
           | rights to free association.
           | 
           | - The government could dump monetary grants into
           | Mastodon/Matrix or otherwise subsidize federated/self-hosted
           | alternatives the same way that we've subsidized renewable
           | energy.
           | 
           | - The government could stop allowing purchases by these tech
           | giants in general.
           | 
           | - The government could split up Facebook/Instagram/Horizon.
           | 
           | - The government could push for more open app policies on
           | stores or regulate sideloading (seriously, the amount of
           | pushback this idea gets as a violation of Apple's rights,
           | compared to the amount of support for _regulating social
           | network moderation_ is wild to me. Both of those are an
           | interference in private rights, but one of those things is
           | also a significantly bigger restriction of 1st Amendment
           | rights than the other).
           | 
           | - The government could force open APIs between services
           | (Europe is trying to do this, we'll see whether or not they
           | get it right).
           | 
           | - If that's too much interference into the market, the
           | government could explicitly legalize adversarial
           | interoperability and revise the CFAA to make it easier to
           | scrape websites.
           | 
           | - Then there's an entire conversation to be had about payment
           | systems online and why we have some of the market forces that
           | we do have around monetizing eyeballs and paying for content.
           | 
           | ----
           | 
           | But to immediately jump to treating Facebook as a public
           | utility -- not only is that a really drastic step with a lot
           | of 1st Amendment implications, it's also kind of a depressing
           | step because it assumes we couldn't make better social
           | networks than Facebook/Twitter, and I absolutely believe we
           | could. It's depressing to think that we can't ever move past
           | them and the only thing we could do is just try to reduce one
           | specific problem that they have.
           | 
           | I don't want Facebook to be an essential service; even if
           | they didn't censor anything I don't want to use Facebook. I
           | don't really care what their moderation policy is. I hate
           | almost everything about the website; I want alternatives, not
           | a more regulated monopoly. I don't even like the ad-supported
           | model in the first place, I think that monetizing attention
           | is antithetical to creating a good social network.
        
             | glenstein wrote:
             | >The government could dump monetary grants into
             | Mastodon/Matrix or otherwise subsidize federated/self-
             | hosted alternatives the same way that we've subsidized
             | renewable energy.
             | 
             | As one example, France has generous tax deductions that
             | effectively triple the value of your contribution for
             | places like Framasoft, although it's not necessarily
             | targeted just at free software.
        
             | ohwellhere wrote:
             | I completely agree with you in the abstract, but I worry
             | primarily about this chain of causality:
             | 
             | Network effects -> market forces -> political will
             | 
             | I think splitting up these giants is supremely important,
             | but the only healthy approach long term is to require open
             | APIs for cross-service interoperability. This is the only
             | solution to separate network effects from market forces.
             | 
             | It's not unreasonable to want to be able to communicate
             | with your friends, family, and brands you like in a
             | convenient way.
             | 
             | _Either_ you require interoperability so that people can
             | separate their (real) social networks from their choice of
             | technological-implementation, _or_ you allow things to grow
             | unbounded such that they become de facto utilities.
        
               | danShumway wrote:
               | Longer conversation than I'm willing to go into here, and
               | I assume that you already know this anyway, but this is a
               | point that Cory Doctorow pushes a lot. His take is that
               | sites like Facebook in particular got where they are
               | because they were able to scrape and remotely manage
               | other sites, and that after they rose to dominance (among
               | other things like buying competitors) they also pushed to
               | shut down a lot of those systems and make it harder to do
               | what they did.
               | 
               | I'm interested in seeing how EU legislation works out
               | here. I tend to sometimes be relatively skeptical about
               | EU legislation because I think the final results tend to
               | miss the mark or get compromised or have side-effects,
               | but I have seen a lot of people that I respect a lot say
               | that this legislation is good, so I'm really curious to
               | see what happens with it.
               | 
               | I don't personally think that network effects are the
               | only thing that's factoring into current tech dominance
               | -- my evidence for that is that Facebook has had to buy
               | competitors before, and I don't think they would have
               | felt that threat if they were confident in network
               | effects alone to save them. I've also gone through enough
               | internal emails from the various leaks from Facebook to
               | where I can see some the anti-competitive strategies they
               | tried that (in my mind) were in a very different category
               | than just locking down an API. But network effects are
               | certainly an important part of the puzzle, and even
               | ignoring the market, having more user agency to remotely
               | control accounts and build/use their own clients for
               | services is (in my opinion) a really important part of
               | individual freedom, so I'm all for improvements in that
               | area.
               | 
               | And highly agreed, the problem with Facebook is not that
               | people want to talk to friends and family. I don't think
               | that people's instincts to be connected to each other
               | should be treated as something that's unreasonable or
               | bad.
        
             | Chris2048 wrote:
             | I actually agree with the Mastodon/Matrix/federated
             | approach, I'd just be worried about hosting/network
             | neutrality. There is also a bit of a monopoly over popular
             | protocols, esp. when it comes to Microsoft control over
             | windows/edge and google search/chrome.
        
               | danShumway wrote:
               | I'll point out that the 1st Amendment implications of
               | regulating hosting are much less severe than the
               | implications over regulating moderation on sites
               | themselves.
               | 
               | Different people have different ideas about where to draw
               | these lines: I personally am fairly skeptical about
               | requiring hosting services to carry content, I think that
               | has a lot more implications than people realize and I
               | think that autonomy over how people manage computers and
               | what content they serve is something we should try very
               | hard to protect.
               | 
               | On the other hand I was initially skeptical of network
               | neutrality back when it was first entering the public
               | debate, but ended up completely changing my views and
               | supporting it pretty much wholesale, I think that there's
               | decent historical evidence that Title 2 classification
               | didn't harm Internet innovation last time we tried it (in
               | fact, the opposite happened, innovation exploded), and
               | also I think there's much stronger evidence that service
               | providers are actually a natural monopoly and could be
               | treated like a public service. And I think the risk of
               | unintended consequences is much lower.
               | 
               | And I also support either forcing Apple to allow
               | alternative app stores or (possibly better) just forcing
               | them to allow alternate web browsers and to loosen
               | restrictions on what platforms/websites apps can tell the
               | user about, so that PWAs can start making progress again
               | on iOS and browsers can start to fill in the gaps in
               | their platform -- which obviously is a restriction of
               | their rights, I just think the benefits heavily outweigh
               | the downsides.
               | 
               | My feeling is that every time we go deeper down the chain
               | and closer to the "bare metal" of how the Internet works,
               | it becomes a little bit safer to regulate neutrality. We
               | have a lot of low-level changes we can make to the
               | Internet that could go a lot further towards correcting
               | some of the actual flaws that the Internet has, rather
               | than just trying to regulate symptoms of those flaws.
               | 
               | The implications of FAANG moderation are only so serious
               | because FAANG companies control so much of the market. It
               | is better to actually fix that problem rather than to try
               | and slap a band-aide on top of it (especially when that
               | band-aide might carry a lot of unintended consequences).
        
             | philistine wrote:
             | The view that Facebook is an utility assumes the world only
             | consists of the United States. If it's a utility and 75% of
             | its users are outside the US, whose utility is it? The UN?
        
               | danShumway wrote:
               | That is a really good point. There is a certain kind of
               | nationalism/exceptionalism inherent in the US deciding
               | that Facebook is both too essential to be left to its own
               | devices and that naturally the US should decide what its
               | policies end up being for the rest of the world -- and I
               | often forget that perspective because I'm in the US and
               | to a certain extent guilty of forgetting about the wider
               | implications of US policy sometimes.
               | 
               | On the other hand, a robust market has fewer of those
               | problems -- the US deciding "we don't want a US company
               | to control the entire market, and we want more companies
               | with differing policies" doesn't have the same
               | implications as the US deciding, "we want the US company
               | to do what we want everywhere." So there's a lot less
               | exceptionalism rolled up in the idea of subsidizing
               | alternatives; and non-US governments have already started
               | to talk about either subsidizing some alternatives like
               | Matrix or adopting them internally within government
               | departments.
               | 
               | Unless the idea is to only regulate how Facebook handles
               | content being displayed to US users, but (while companies
               | do often have country-specific policies), drastically
               | increasing the scope of that kind of system has a lot of
               | its own implications about filter bubbles and
               | communication between countries.
        
           | ImPostingOnHN wrote:
           | >So yeah, there's a pretty strong case to be made that
           | certain internet companies are like that. Can you survive
           | without social media? Sure, but you can also survive without
           | sewer. It's just a lot harder to live a normal life.
           | 
           | In my experience, there is actually not a pretty strong case
           | to be made for that, as evidenced by all the people who say
           | there is a strong case to be made, but then fail to make a
           | strong case. Perhaps they mean, "a case which convinces me,
           | specifically, 1 person who is already convinced"?
           | 
           | Also, trying to survive without sewer is what led to The
           | Plague's last big hit. Even the Romans knew it was unhealthy.
           | Meanwhile, in this case, _INCREASED_ use of social media is
           | what 's been shown to be unhealthy.
        
             | wwweston wrote:
             | > there is a strong case to be made, but then fail to make
             | a strong case
             | 
             | Especially given:
             | 
             | 1) The number of digital outlets. Utilities tend to be
             | regulated when there are no alternatives or merely 1
             | alternative (especially when monopoly is being
             | intentionally granted for the purposes of not duplicating
             | infrastructure). We're not hurting for options in ways to
             | talk to each other these days.
             | 
             | 2) The abundance of _very_ diverse conversations on display
             | on the most popular social media. Political poles are
             | pretty well represented with content in proportion to their
             | influence (and all this even considering that the right of
             | private vehicles for speech to set rules for discussion and
             | even make editorial choices _is itself a free speech right_
             | ).
        
               | ohwellhere wrote:
               | > 1) The number of digital outlets. Utilities tend to be
               | regulated when there are no alternatives or merely 1
               | alternative (especially when monopoly is being
               | intentionally granted for the purposes of not duplicating
               | infrastructure). We're not hurting for options in ways to
               | talk to each other these days.
               | 
               | It's anecdotal, but I don't feel this to be true in my
               | personal life. I am not on Facebook by choice. But I feel
               | like it impoverishes my life in a number of ways:
               | 
               | 1. Most of my family and friends post their life updates
               | on Facebook. 2. My neighborhood uses a Facebook group for
               | most communication and coordination. 3. Several local
               | companies use their Facebook pages to broadcast their
               | events, sales, etc, and as their primary form of
               | outreach. 4. Several local hobby groups do the same.
               | 
               | In each case, this is general communication and
               | information that I want in my life, but I can't get it
               | easily. Even when I go out of my way to get it (private
               | conversations, visiting websites, etc), I still miss
               | things because Facebook has the network and it's the
               | primary way my communities communicate.
               | 
               | So while in principle I agree with everything you said,
               | in my own life I empathetically agree with the subjective
               | sense that it feels like a utility. It feels like living
               | without something important in some ways.
               | 
               | (It was easier when I was married and my wife was on
               | Facebook and could relay information to me. Also
               | anecdotal, but I've heard of this arrangement a number of
               | times.)
        
           | lallysingh wrote:
           | Yeah but Twitter just isn't that relevant. And social media
           | is a many-dimensional gradient of often questionable value.
           | 
           | Leaving FB properties, for example, is actually pretty nice
           | when you've hit a certain spot in your life. Some forums give
           | me much more than FB ever did. HN is more useful. There isn't
           | some necessary set of social media sites everyone has to
           | have.
        
           | gitfan86 wrote:
           | Electricity and Sewer can and will be cutoff if you do not
           | follow the terms of service. If the electric company
           | discovers that you do not have a circuit breaker you will be
           | cutoff.
        
             | HideousKojima wrote:
             | Sure, but the terms of service cannot legally include such
             | things as "You have political opinions we dislike" as a
             | valid reason for terminating service.
        
               | glenstein wrote:
               | >such things as "You have political opinions we dislike"
               | 
               | If I wrote the rules, anytime someone used the phrase
               | "political opinions you dislike" there would be a popup
               | list for the following before you can submit your
               | comment:
               | 
               | * violent incitement
               | 
               | * Al Qaeda and ISIS
               | 
               | * state sponsored misinformation campaigns run by
               | automated bots
               | 
               | * coordinated messages from automated bots for marketing
               | & brand management
               | 
               | * harassment
               | 
               | * doxxing
               | 
               | * defamation
               | 
               | * revenge porn & child porn
               | 
               | * vaccine misinformation
               | 
               | * election misinformation
               | 
               | * spam and phishing attacks
               | 
               | And next to each you can click a checkbox to indicate
               | which ones you personally endorse being defended as
               | protected speech, which you believe to be implicated.
               | Then people can mouse over the part of your comment that
               | says "political opinions", see the list of things you
               | clicked on, and know what you are talking about.
               | 
               | This way we don't have to worry that you're equivocating
               | between garden variety political topics (e.g. the
               | economy, taxes) and all the other stuff when you say
               | "political opinions you dislike."
        
               | cycrutchfield wrote:
               | Which website contains "you have political opinions we
               | dislike" as a valid reason for terminating service?
               | Unless you are arguing that threats of violence are valid
               | political opinions.
        
               | glenstein wrote:
               | What's interesting is that this is a new manifestation of
               | the free speech argument, from new social and political
               | quarters. Prior to this version of the free speech
               | debate, the defenders of free speech would, say, donate
               | to ACLU, oppose laws that criminalize protests, express
               | concern over authoritarian countries jailing reporters,
               | oppose prosecution of whistleblowers, oppose
               | consolidation of corporate media, etc.
               | 
               | But this new constituency emerged after events like
               | Gamergate and Charlottesville protests, and they show up
               | to defend participants in events like those but can't be
               | mobilized to become active in other issues that
               | historically have been ones where people become involved
               | out of principle.
        
               | HideousKojima wrote:
               | All of them? That's the whole "We reserve the right to
               | terminate your account for any reason" clause in most
               | ToSes
        
               | themitigating wrote:
               | You're poor, a.k.a a class of society.
        
               | gitfan86 wrote:
               | Why would they? They are not providing a service for
               | sharing opinions.
               | 
               | Twitter is a service for sharing your opinions with the
               | public. Obviously terms of service are going to include
               | limits around your ability to share your opinions. If the
               | service had no terms, that would mean that you could post
               | 1 million spam replies to every single tweet anyone made.
               | 
               | Similarly Twitter's TOS shouldn't include anything around
               | electricity usage.
        
           | matt_s wrote:
           | Literally all social media platforms could cease to exist in
           | a second and the world would continue to still function 100%
           | fine.
        
           | Dangeranger wrote:
           | Electric utilities were granted monopoly status in order the
           | treat them as utilities, prior to the 1930s they were just
           | private companies that were wildly successful, and didn't
           | want to expand into unprofitable rural markets.
           | 
           | That's not the dynamic occurring today, social media is
           | available in even the most rural setting, albeit in a reduced
           | form to support low bandwidth.
           | 
           | Do we really want to allow Facebook and Twitter monopoly
           | status and then treat them as defacto government entities?
           | Will that result in better services? I do not think so.
           | 
           | As we've seen with TikTok's rise, competition within the
           | space leads to better outcomes, not treating social media
           | companies as "utilities". Social media companies are not in
           | any way comparable to a sewer system, an electric grid, or a
           | phone line network.
        
             | radu_floricica wrote:
             | History doesn't repeat itself, but it often rhymes.
             | Electric power, water, sewage, phone, internet access...
             | each has its own specific history, times 170 countries. Not
             | all identical, but the outcomes are pretty similar.
             | 
             | SM is clearly different from that and very much still in
             | flux, and overly regulating it would be more of a burden
             | than an advantage. Some amount of regulation may help
             | though, especially designed to encourage diversity of
             | ideas.
             | 
             | But mostly I wanted to counter the meme that "it's not
             | censorship if it's a private company". Yes it is, when you
             | have only one twitter and a handful of SM companies in
             | total. It's not the ownership that matters, it's the
             | ubiquity and the effect.
        
               | JumpCrisscross wrote:
               | > _Some amount of regulation may help though, especially
               | designed to encourage diversity of ideas_
               | 
               | I wonder if limited Section 512 reform is the answer [1].
               | 
               | Remove it for social media platforms over a certain size
               | that sell ads. Create a safe harbour if they form an
               | independent appeals commission, like the one Facebook
               | did; but with teeth on enforcement, tightly-scoped but
               | binding rulemaking powers, and rules about how its
               | members are chosen. Company can flag and ban. Users can
               | appeal. Commission can go to the courts to enforce its
               | will or force discovery. (Maybe throw in a couple
               | commission members elected by users, I don't know.)
               | 
               | [1] https://www.justia.com/intellectual-
               | property/copyright/copyr...
        
               | btreecat wrote:
               | >History doesn't repeat itself, but it often rhymes.
               | Electric power, water, sewage, phone, internet access...
               | each has its own specific history, times 170 countries.
               | Not all identical, but the outcomes are pretty similar.
               | 
               | They all require physical infrastructure to every house,
               | to provide service capacity. As such, we don't want 7
               | different companies for each, laying 7 different sewer
               | systems and 7 different electric grids.
               | 
               | When the service is virtual, the same infrastructure
               | limits don't materialize in the same way. We don't need
               | to run new ISP lines to bring on a new platform.
               | 
               | So while ISP are certainly more like classic utilities,
               | websites and social platforms just aren't.
               | 
               | >But mostly I wanted to counter the meme that "it's not
               | censorship if it's a private company". Yes it is, when
               | you have only one twitter and a handful of SM companies
               | in total. It's not the ownership that matters, it's the
               | ubiquity and the effect.
               | 
               | Corporate censorship isn't a "free speech" problem. SM
               | companies just aren't enough like a utility, they are not
               | actually required to function in society (unlike
               | electricity, and running water).
               | 
               | Did you learn nothing from the battle over NetNeutrality?
        
               | oceanplexian wrote:
               | > As such, we don't want 7 different companies for each,
               | laying 7 different sewer systems and 7 different electric
               | grids.
               | 
               | I think decentralization is better way than building one
               | big ISP controlled by the government. I live in a place
               | (Utah), that has a non profit owned fiber infrastructure
               | and leases it out to different ISPs, where you can even
               | buy the dark fiber yourself for like $2500. I can choose
               | from 10-15 ISPs with highly competitive prices and
               | service. The ISPs can have whatever policies they want
               | but the free market will take care of them pretty fast.
        
               | anamax wrote:
               | FWIW, there is a precedent regarding shopping malls and
               | the like. They are clearly private property, yet they
               | must provide access for political activity.
               | 
               | https://en.wikipedia.org/wiki/Pruneyard_Shopping_Center_v
               | ._R...
        
               | naravara wrote:
               | > especially designed to encourage diversity of ideas.
               | 
               | Exposure to diversity of ideas is not a problem on social
               | media. What drowns out most ideas is actually threat of
               | cyberbullying and internet mobs, being drowned out by
               | bots, and algorithmic sorting that prioritizes
               | controversial content over moderate voices. Only the last
               | one is related to moderation/editorial choices by the
               | company and it's rarely framed as a free speech issue.
        
               | EL_Loco wrote:
               | Except you can argue that we don't have only one twitter.
               | We have many, and potentially thousands. I can fire up my
               | own version of twitter in a couple of minutes. I (or my
               | group, clan, subculture, whatever) can fire up my/our own
               | facebook in minutes. OTOH I only have one electric power
               | supplier to my home.
        
             | tolmasky wrote:
             | There are _some_ apt comparisons of social media to sewers,
             | but not in their utility...
        
             | Phenomenit wrote:
             | SM is not a utility but the ability to disseminate
             | information to huge number of peoples is and it's just as
             | important to regulate as electricity and sewage. Moderation
             | of information is the fourth arm of the government and
             | needs to be developed if we're ever going to be able to
             | trust each other again.
             | 
             | It has never been an issue before because the means of
             | communication have always been limited but modern
             | electronic communication has changed all that and it's
             | clear that we can't exist in this wild west phase anymore.
             | 
             | SM had eroded the trust in institutions and between people
             | and groups. It had put all of us in bubbles just to sell
             | ads. Informational and cognitive hygiene must be recognized
             | and taught to everyone so people can defend themselves and
             | take care of what they hold dear and true.
        
             | AlexandrB wrote:
             | > As we've seen with TikTok's rise, competition within the
             | space leads to better outcomes
             | 
             | I disagree. The whole social media industry is rotten and
             | needs a dose of... something... to bring it back to sanity.
             | Strict limits on user data collection and algorithmic
             | "feeds" would be a good start IMHO. Otherwise the same
             | patterns repeat themselves, where the most rage-inducing
             | content gets spread the furthest.
        
               | justaman wrote:
               | I think bringing back the adventurous side of the
               | internet is important. Back in the day if you wanted to
               | find information about a specific topic you had to
               | search(not google search) for it. In doing so, you
               | weren't inundated with more and more information that
               | starts relevant, but quickly devolves into whats trending
               | to drive DAUs and add clicks.
        
               | XorNot wrote:
               | The HN front page is an algorithmic feed. Where and how
               | do you draw that line?
        
               | specialist wrote:
               | Incentives. No ads. No engagement (paperclip) maximizers.
        
               | IG_Semmelweiss wrote:
               | This is important.
               | 
               | I dont know where the line is, but we should agree that a
               | line is needed.
               | 
               | People are saying a line is _not_ necessary. That is at
               | the core, the problem. We need to agree that these
               | companies -by accident or otherwise- have become a common
               | good, similar to a  "utility"
               | 
               | Take a similar example: at some point a company stops
               | being a company...and becomes a monopoly. Where is that
               | line? We dont know. However its important we recognize
               | private companies operating as monopolies are not in the
               | best interests of society.
               | 
               | Private companies operating as common goods providers
               | should be subject to additional rules. That is what we
               | should agree on. Then let others define what that is.
        
               | XorNot wrote:
               | If you "do something" about algorithmic feeds then that
               | law is going to be written by politicians or their
               | advisers.
               | 
               | If you, engaged user of a tech site, a developers forum,
               | have no idea what that should look like, then why would
               | the "something" from politicians work out better?
        
               | specialist wrote:
               | Which laws, regulations, rules are not written by
               | politicians?
        
           | scoutt wrote:
           | If an electricity company sells electricity (to you), what
           | does Twitter sell (to you)?
        
             | typeofhuman wrote:
             | The sell you the opportunity to share your thoughts with
             | other users.
        
               | XorNot wrote:
               | You're missing the point: Twitter doesn't sell you
               | anything, you're the product. They sell ads.
        
               | mensetmanusman wrote:
               | Twitter sells you a voice to a possibly broad audience
               | depending on how many followers you have, the ads are a
               | micro-currency to facilitate these transactions between
               | voice haver and voice hearer.
        
               | cbozeman wrote:
               | That's been utterly ruined by the blue check mark
               | verification system.
               | 
               | Promoting a specific type of user over another is
               | antithetical to the original ideals of Internet forums -
               | whereby the most interesting / useful / "good" content
               | filtered to the top regardless of authorship.
        
             | krzyk wrote:
             | Knowledge
        
           | mvc wrote:
           | > Sure, but you can also survive without sewer. It's just a
           | lot harder to live a normal life.
           | 
           | Not really but that sense of learned helplessness is
           | certainly good for their bottom line. I imagine it increases
           | your propensity to buy whatever crap they're spamming your
           | feed with.
           | 
           | In reality life without social media is a much happier
           | existence.
        
             | radu_floricica wrote:
             | Some peopld say that about showering without soap. I tried,
             | it stank.
             | 
             | The whole point is for that to be a personal decision. Or
             | if you think SM is bad, then it can be a collective
             | decision to ban SM, like we ban heroin.
             | 
             | But ostracism? "Free for all,except those 5". Nah, I don't
             | see it as a good choice, society-wise.
        
               | dr_dshiv wrote:
               | That specifically worked for Greek democracies, which
               | were as much about the ability to exclude the most
               | powerful as they were to enable the public participation
               | in power.
        
               | radu_floricica wrote:
               | Worked until it didn't. When it was a small forum, yes.
               | When it became just a popularity contest, much less so.
        
               | dr_dshiv wrote:
               | That where the ostracism came in. When the most popular
               | became the most powerful they often got booted...
        
               | pooper wrote:
               | > Or if you think SM is bad, then it can be a collective
               | decision to ban SM, like we ban heroin.
               | 
               | Off topic but I don't think banning heroin did anyone any
               | good. We still need proper labeling, packaging, and
               | storage laws. We still need laws that prohibit drugging
               | someone without their explicit permission. We probably
               | need laws that don't allow sale to minors. We probably
               | need ban on advertising "controlled substances". We might
               | even say certain things you can only get under medical
               | supervision by a licensed medical professional.
               | 
               | I just don't think possession ought to be a crime like it
               | is today. Endangering others, sure but possession is just
               | asking for abuse by law enforcement.
        
         | rjzzleep wrote:
         | There is a fairly interesting documentary of what Denmark
         | thinks of free speech. To an extent where politicians are
         | protected from setting the Quran on fire, full well knowing
         | that it is designed to incite hatred. I don't know what the
         | danish voice on silencing dissenting eastern perspectives on
         | the war in Ukraine is, but the EU citizens seem to be
         | themselves cheering on censorship more and more these days.
         | 
         | The documentary itself is quite interesting in my opinion.
         | 
         | https://www.youtube.com/watch?v=7sM8p7hnprM
        
         | oceanplexian wrote:
         | Twitter is not a forum though. I understand the need to
         | moderate a forum, since it's equivalent to a public place with
         | a limited number of rooms.
         | 
         | Twitter, on the other hand doesn't map to that model. If me and
         | my friends want to tweet things to our group, no one is being
         | forced to follow or read that content. I don't see any
         | justification to moderate that, beyond content that's actually
         | illegal like child porn, terrorism, etc.
        
         | Mezzie wrote:
         | I generally agree with you, but one thing that's been making me
         | extremely uncomfortable lately (since 2016) is the attacking of
         | alternate platforms/communities that are built. Back in The
         | Day(TM), when people had issues with mod/admin decisions and
         | they couldn't be resolved, they'd just spin off a new
         | commmunity/chatroom/forum/etc. Some people would move, some
         | would stay in both, and we'd wait to see if the disagreeing
         | faction was large enough to sustain itself. If so, you'd just
         | end up with 2/3 places to go to talk about X instead of 1.
         | 
         | Now it's more common to try to get 'bad' platforms dehosted
         | altogether (e.g. Parler/Gab), subreddits try to get their
         | 'alternatives' banned, and any company/group that challenges a
         | big group is going to be bought out or otherwise dealt with.
         | (See: FB's gobbling of companies to try to keep people in their
         | garden instead of letting people chose which gardens they
         | enjoy.)
         | 
         | We used to have the opportunity to walk into the woods and make
         | our own playground. Now people will follow you and attack you
         | for that. THAT'S the problem. Also we're becoming really fond
         | of demanding community loyalty. HN doesn't have this problem
         | (which is one reason I show up), but on other social media
         | sites, it can be, for instance, forbidden to link to/talk about
         | certain other sites. For example, on Reddit, it's common to ban
         | people for posting in the 'wrong' Reddits, and on Twitter
         | finding out somebody participates somewhere 'bad' is
         | practically open season.
         | 
         | I should be able to go on HN _and_ /b/, provided I follow my
         | host's rules. I should also be able to set up my OWN site and
         | explicitly say it's because I disagree with - say - HN's
         | moderation policies without worrying about the site being
         | attacked.
        
           | ladyattis wrote:
           | Dehosting is a problem of _capitalism_ which is why the
           | erosion of the progressive era regulations and the attempts
           | to prevent their reinforcement and update are things that
           | need to be settled now. Today, we live in the second Gilded
           | Age where maybe a dozen people can affect policies that
           | impact millions of people. You want freedom then you have to
           | put limits on what the rich can do or make it unlawful to be
           | that rich (divestment and breakup).
        
             | martimarkov wrote:
             | I think you'd find dehosting was more prevalent in the USSR
             | and the eastern block than the west even now.
        
               | op00to wrote:
               | I protested a war in front of the White House. Can't do
               | that in Russia right now. I am far more worried about the
               | effects of misinformation than I am about people getting
               | booted off Twitter.
        
               | ladyattis wrote:
               | That's whataboutism. Should there be any concentration of
               | productive forces such that a few people can command or
               | influence others policies to adversely (or even
               | positively) affect millions of people simply because they
               | own stock in said companies?
        
             | j-krieger wrote:
             | Dehosting is insane when you consider that your domain
             | registrar and DNS providers can deplatform you as well.
        
             | throwaway09223 wrote:
             | No, dehosting is a problem common across all socio-economic
             | systems. It is even _more_ prevalent in non-capitalist
             | systems.
             | 
             | Much of the driving force behind today's dehosting is a
             | result of increasing government intrusion into how
             | information is shared on the internet. Congress has been
             | openly threatening tech companies about "misinformation"
             | for the past decade or so and this is a very predictable
             | result.
        
               | Mezzie wrote:
               | I agree. It's a 'power' problem.
               | 
               | One historical example that comes to mind that has
               | nothing to do with capitalism is the uproar around the
               | translation of the Bible into vernacular languages
               | because it broke the Church's moral information monopoly.
        
           | SomeCallMeTim wrote:
           | "Bad" platforms aren't bad because "we disagree with them."
           | 
           | They're bad because they're _lying to people en masse and
           | inciting rebellion._
           | 
           | And yes, I absolutely think that behavior that reaches that
           | bar should be squelched. The dangers of enabling the spread
           | of misinformation are entirely too visible in today's
           | society.
           | 
           | The slippery slope argument is garbage in this case. No one
           | has been banning _political_ speech from major platforms.
           | Heck, they bent over backwards to allow Trump and company to
           | say the most outrageous things for years before finally
           | stepping in and putting a stop to it.
           | 
           | And Parler being deplatformed for enabling the public
           | organization of rebellion against the United States hardly
           | seems like an "oh no, we're becoming Nazis!" moment.
           | 
           | It's only the most extreme views that result in
           | deplatforming; "your view on taxes is different than mine"
           | will _never_ rise to that level, so there 's no slippery
           | slope.
           | 
           | So in what case can we justify enabling platforms to lie to
           | people and incite violence? It simply can't be done.
        
             | Mezzie wrote:
             | Is the first or the second the issue?
             | 
             | If it's the first, I can find a TON of lying and
             | misinformation on 'mainstream' sites and institutions. Off
             | the top of my head, I can think of examples in the past
             | year where the NYT and ACLU lied or misrepresented
             | information, for example. There's also a shit ton of
             | information flying around respectable Dem Twitter and
             | Reddit whenever news events happen. Remember how many
             | people thought that the people Kyle Rittenhouse shot were
             | black and tried to stoke racial tensions using that talking
             | point?
             | 
             | So obviously it's not the lying.
             | 
             | So let's talk about 'inciting rebellion.'
             | 
             | Everybody involved in the January 6th riot is a braindead
             | moron. Trump is a braindead moron. And, frankly, if Trump
             | were arrested, I wouldn't lose any sleep over it. That
             | doesn't mean we crack down on speech. It'd be like ordering
             | the USPS to open letters and report people if they plotted
             | their stupid Dollar Store peasant rebellion using paper
             | letters, or tapping everybody's phones.
             | 
             | I'm also exceptionally uncomfortable with the idea that
             | inciting rebellion is inherently bad, as somebody who does
             | believe we should resist tyranny and people have the right
             | to rebel.
             | 
             | They should have been able to talk about how much the
             | government sucks all they want, they crossed the line when
             | they showed up to break into Congress.
             | 
             | > It's only the most extreme views that result in
             | deplatforming; "your view on taxes is different than mine"
             | will never rise to that level, so there's no slippery
             | slope.
             | 
             | Taxes, probably not, but it'll be really interesting to see
             | how union discussions, for example, are handled. Also I
             | could definitely come up with some tax policies that would
             | get me deplatformed from the big spaces. We just haven't
             | dragged taxes into the culture war yet.
        
               | SomeCallMeTim wrote:
               | When the NYT says something that is factually incorrect,
               | they issue a retraction. Everything they do say is fact-
               | checked, even if they make mistakes.
               | 
               | That's not even _close_ to  "lying".
               | 
               | "Misrepresentation" can be a grey area that blends into
               | framing and emphasizing certain parts over others. I
               | didn't include misrepresentation on my list, and that was
               | intentional. You can disagree with _how_ an event is
               | reported without the report containing any actual lies--
               | and that falls under  "a matter of opinion."
               | 
               | Things bouncing around "Dem Twitter," whatever that
               | means, are hardly the fault of the NYT or ACLU. Whatever
               | was said, it didn't enter _my_ bubble, in that I never
               | saw a claim that Rittenhouse shot any black people.
               | 
               | But I don't find Twitter useful, so I don't follow
               | anything on it. Instead I read the NYT, and while I don't
               | always agree with their editorials, I generally feel the
               | information they publish as news is as accurate as they
               | can figure out how to make it.
               | 
               | > It'd be like ordering the USPS to open letters and
               | report people if they plotted their stupid Dollar Store
               | peasant rebellion using paper letters, or tapping
               | everybody's phones.
               | 
               | No, it really, really isn't like that.
               | 
               | It's more like shutting down stations from using the
               | licensed public airwaves to disseminate incitement to
               | violence or to broadcast blatant lies--and then later
               | argue in court that "no reasonable person" should have
               | believed those lies. I'm sure you know the latter
               | actually happened, and the former _was_ the law of the
               | land until Reagan managed to tear down the Fairness
               | Doctrine. [1] Which was found to be compatible with the
               | First Amendment, and the only reason we don 't have law
               | to replace the original FCC rule is that Reagan vetoed
               | it.
               | 
               | Regardless, my point is that there _is_ potentially a way
               | to limit speech that doesn 't prevent people from
               | complaining about the government but that also prohibits
               | people from outright _lying_ about the government (or
               | other facts).
               | 
               | [1] https://www.reaganlibrary.gov/archives/topic-
               | guide/fairness-...
        
           | twofornone wrote:
           | >subreddits try to get their 'alternatives' banned
           | 
           | Every once in a while I come across a rumor that AHS and
           | affiliated subreddits employ a strategy of posting illegal
           | content (like child pornography) on subreddits/platforms that
           | they want shut down for wrongthink. At some point it doesn't
           | matter that the government allows for free speech if a small
           | minority is able to control the flow of ideas for the rest of
           | society; the effect is the same and technically an
           | authoritarian government could trivially benefit from such
           | censorship while ostensibly remaining neutral.
           | 
           | And, for the record, /b/ was the birthplace of hundreds of
           | internet-wide memes in its heyday, with next to zero
           | moderation. The fact that the average person can't stand an
           | unmoderated forum doesn't mean that such fora have no place -
           | especially considering the likelihood that there are
           | campaigns (by the same type of people who try to get
           | alternatives dehosted) to keep such places unusable by
           | deliberately posting offensive and off topic content.
        
             | photochemsyn wrote:
             | Well, that's where the whole business of Internet anonymity
             | comes into play. What if people had to post their state-
             | supplied identifying information at all times, so there was
             | no doubt about who they were? This is more or less how
             | traditional journalism works: the reporter doesn't
             | generally get to hide behind a screen of anonymity.
             | Editorial board op-eds are often unsigned, however.
             | 
             | I think anonymity is OK personally, it falls into the
             | tradition of anti-government pamphleteering in pre-
             | Revolution colonial North America under British Royal rule,
             | and samizdat literature in the USSR.
        
               | jdmichal wrote:
               | No, the journalist will just report from an "anonymous
               | source" instead.
        
           | mschuster91 wrote:
           | > Now it's more common to try to get 'bad' platforms dehosted
           | altogether (e.g. Parler/Gab)
           | 
           | Well, no company can be forced to host antisemitism,
           | holocaust denial and similar content [1] - most companies
           | don't even _want_ to host such content, simply because of how
           | despised (or, in the case of Europe, _illegal_ ) it is.
           | 
           | [1] https://fortune.com/2020/11/13/parler-extremism-hate-
           | conspir...
        
             | Mezzie wrote:
             | I am also an American who disagrees with those European
             | laws, though I understand them and why they came to pass.
             | It's one of the difficulties of the issue: Free speech used
             | to be more of a national problem, now it's larger, and, as
             | you mentioned, international law and culture add even more
             | variables to consider.
             | 
             | I understand the desire to abide by European standards,
             | because the Holocaust in particular was so horrific, but
             | there are countries that have laws against things like
             | promoting homosexuality, so clearly legality can't be the
             | only moral arbiter here because the laws are a.)
             | contradictory and b.) we recognize authoritarian
             | governments make oppressive laws and we shouldn't comply
             | with them. Which means we need another standard, one that
             | defines Holocaust denial as impermissible but discussions
             | of being gay as fine.
             | 
             | I don't think anybody should HAVE to host holocaust denial,
             | but if somebody does, they shouldn't be attacked for it.
             | (And 'attacked' meaning attempts made to take down the
             | content/sue facetiously/DDOSing, etc. Nothing stopping
             | people from mocking the host or pulling their money).
             | 
             | I'm also wary of things like 'hosting anti-semitism' as a
             | justification, because what is considered anti-semitic
             | varies (like most kinds of bigotry). Is it anti-semitic to
             | criticize the government of Israel? What about the gender
             | issues in Ultra-Orthodox communities? (I'm not Jewish, but
             | I feel the same way about groups that I _am_ a part of: I
             | might not LIKE being called a dyke, seeing somebody say all
             | homosexuals are depraved degenerates, etc. but that 's not
             | the same as calling for my murder or trying to get me
             | fired.)
        
               | mschuster91 wrote:
               | > Which means we need another standard, one that defines
               | Holocaust denial as impermissible but discussions of
               | being gay as fine.
               | 
               | We actually have, and that is the Declaration of Human
               | Rights.
               | 
               | Holocaust denial denies the very thing why this
               | Declaration was formulated and accepted by all civilized
               | nations. Discriminating against gay people violates
               | Articles 1-3 of the Declaration.
               | 
               | The problem is that the US, its constitution being way
               | older than the Declaration, has a far wider understanding
               | of "free speech" and the responsibilities associated with
               | it.
        
               | Mezzie wrote:
               | I mean, if we got every internet company to agree and had
               | some kind of public standards and the ability to vote or
               | otherwise talk through borderline issues, I'd be fine
               | with that as a solution, even as somebody who does hold
               | the US view of free speech.
               | 
               | The problem is that there's no way companies are going to
               | leave money on the table or authoritarian governments are
               | going to agree to that, so then you're right back to the
               | two different set of standards where companies proclaim
               | in the EU/US/etc. that they follow content moderation
               | according to the DHR while letting some countries erase
               | gay people and women, and if that happens, their claim to
               | any kind of moral stand or objectivity can't be taken
               | seriously.
               | 
               | Frankly, I think this issue is going to require some VERY
               | large changes to our systems to deal with, but first we
               | have to go through the panic period where the people in
               | power realized they fucked up and try to save the system
               | that serves them well. I'm of the opinion our information
               | expansion over the last 15 or so years is as monumental
               | as the invention of writing or possibly even just the
               | printing press. Social upheaval is going to follow, and
               | until we establish new systems, it's hard to know how to
               | use those systems to combat this problem.
               | 
               | For example, I think the Constitution is outdated and we
               | should rewrite it.
        
             | javajosh wrote:
             | _> most companies don't even want to host such content,
             | simply because of how despised ... it is_
             | 
             | I don't think that's true because the frequency of bad
             | ideas is evenly distributed. I'm sure there are many
             | company owners that have those bad ideas and want to host
             | them.
             | 
             | These ideas get suppressed because of societal norms. The
             | problem here is when you disagree with the norm. I'm
             | personally fine with making holocaust denial illegal, but
             | it would be dishonest of me to claim that wasn't an
             | authoritarian move, and that violates another, arguably
             | more important norm! So we split the difference, and leave
             | it up to individual choice. But that solution fractured
             | when the internet split our norms into a thousand pieces,
             | and has totally failed with the mainstream adoption of
             | Trump and woke/cancel culture norms (both of which violate
             | other, more important norms).
             | 
             | Frankly its terrible to feel like you're 'losing' people to
             | bad ideas, and allowing communities to form around bad
             | ideas accelerates the loss. We intuitively understand that
             | some bad ideas are bad enough to lead to war, and vast
             | human suffering. And so we come back to a justification for
             | limited authoritarianism, because war is even worse than
             | that.
        
             | adictator wrote:
        
           | cycomanic wrote:
           | I think you need to look at history, "following people into
           | the woods" and much worse than deplatforming has been ongoing
           | for most of the existence of the US (and most/all other
           | countries, just keeping it limited to a US discussion). I
           | mean just look at what happened to people who demonstrated or
           | supported civil rights in the 60s (hint:some were lynched),
           | or gay lesbians in the 80s and 90s (and still). I actually
           | agree that we need to move past these issues, taking a free
           | speech absolutist stance is not the way. This is part of how
           | these groups were and still are discriminated against.
        
             | A4ET8a8uTh0 wrote:
             | << taking a free speech absolutist stance is not the way.
             | 
             | I genuinely dislike this label. It is not an absolutist
             | stance at all. If anything, it is simple a stance based on
             | the foundational values of US as a country. And there is a
             | reason for it. If you cannot express your real thoughts,
             | the conversation gets confused with attempts to evade
             | censor or completely incomprehensible since language gets
             | too distorted to mean anything at all.
             | 
             | It is getting tiring. I am saying this as an immigrant from
             | the old country, where censorship was a thing ( with author
             | writing cringy articles in defense of it -- sounds
             | familiar? ). It is sad for me to see US going that route.
        
               | cycomanic wrote:
               | But the founding principles have always had restrictions
               | build in. Try for example publically calling for the
               | assassination of the president (or any other person) and
               | see how you fare. Or army members not being allowed to
               | talk about their missions. I don't buy that these are
               | fundamentally different, it is simply drawing the line
               | differently of what is permissable free speech.
        
               | A4ET8a8uTh0 wrote:
               | The comparison is not applicable. When you join the army,
               | you give up certain rights to join that specific group.
               | To make it even more important, the rules are clear and
               | explicit.
               | 
               | Now compare it to Twitter or Facebook. You don't know
               | what you signing up for. Their TOS effectively say they
               | can ban you for things they deem wrong. It is only
               | recently that we know how they evaluate it ( see CNN
               | discussion of FB speech violence tiers ).
               | 
               | Free speech is just that. It is free speech. There is no
               | TOS. It includes all sorts of nasty bits too, because
               | that is what being human is. Trying to pretend otherwise
               | is, at best, counterproductive.
               | 
               | But here we are. Entire nation scared of reality and in
               | dire need to cover it up with soft language.
               | 
               | << But the founding principles have always had
               | restrictions build in.
               | 
               | Do they? I am reading the constitution and I don't see
               | those restrictions. You may get a visit from some
               | agencies, but that is to make sure you were not joking.
               | 
               | On the other hand, I do see a mention of when slavery is
               | ok in US and yet people seem surprised when it is pointed
               | out.
        
               | deanCommie wrote:
               | > foundational values of US as a country
               | 
               | > old country, where censorship was a thing. It is sad
               | for me to see US going that route.
               | 
               | Why does this keep coming up? Nobody, absolutely nobody,
               | is advocating for government restriction of free speech.
               | That is the foundation of the US as a country.
               | 
               | Twitter didn't exist back then but newspapers certainly
               | did. Town squares certainly did.
               | 
               | If the founding fathers wanted to say "if someone is
               | speaking in a town square you can't throw tomatoes at
               | them or shout them down", they would have.
               | 
               | Twitter moderating its content has zero to do with the
               | foundations of America or censorship in other countries.
        
               | A4ET8a8uTh0 wrote:
               | Sure. And the moment alternative to Twitter is even
               | suggested, it is curbstomped from hackers, who see it as
               | a 'permissible' target ( and seemingly it is based on the
               | cheering that follows a hack ) and various service
               | providers, who won't let it exist.
               | 
               | It is all fine and dandy to say 'build your own public
               | square', but its point is somewhat lost, when you have a
               | hard time even getting basic materials.
        
               | deanCommie wrote:
               | Why is anyone entitled to their own public square.
               | 
               | We Live In A Society. If you come to a public square -
               | physically or on twitter, and scream something that the
               | rest of society doesn't want to hear, you are exercising
               | your free speech, and they are exercising theirs if they
               | say they don't want to hear you.
        
               | A4ET8a8uTh0 wrote:
               | "Why is anyone entitled to their own public square."
               | 
               | I think there may be a disconnect between what we are
               | trying to convey.
               | 
               | Public square is by definition.. public. It is not a
               | possession of any one person. Anyone can grab a soapbox.
               | 
               | What I see now.. is soapbox oligopoly. That is an issue.
        
               | philosopher1234 wrote:
               | Censorship is an indelible part of human relations. You
               | can never truly speak your mind, partly because the other
               | person cant have it, but fundamentally because you cant
               | either.
        
               | A4ET8a8uTh0 wrote:
               | "You can never truly speak your mind"
               | 
               | And that is a problem. Our communication depends on being
               | able to articulate ourselves. Quality of our thoughts
               | depend on the language. The quality of our discourse
               | suffers, because our thoughts are being trained to offer
               | 'safe' language.
               | 
               | If you do not see it as a problem, we have a problem.
        
               | philosopher1234 wrote:
               | This is a fact of being human, and you will never "fix"
               | it.
        
               | A4ET8a8uTh0 wrote:
               | I disagree. And I disagree for one reason only. Never is
               | an awful long time to state anything with any kind of
               | certainty.
        
               | theodric wrote:
               | I think we've arrived at the point where all the town
               | squares are owned by a private corporation who can - so I
               | am told - do whatever they want on their property. I
               | guess this was always the terminal destination of
               | American society: stuck in a company town with nowhere to
               | go, while the government just looks on saying "they're
               | not doing anything illegal, so I can't help!"
        
               | A4ET8a8uTh0 wrote:
               | This is effectively where we are. History does not repeat
               | itself, but it does rhyme. I am personally saddened that
               | it is not seen as a danger that it is.
        
             | Mezzie wrote:
             | Ironically, I'm a butch lesbian who came out in the 90s, so
             | I'm well aware.
             | 
             | One of my less popular opinions in the queer community is
             | that I AM a free speech absolutist (or close to it), even
             | if it does result in some discrimination. (Even against
             | me.) Of course we should minimize and work to eliminate
             | discrimination in society, but that isn't the only value we
             | have, and unfortunately social policies are always a case
             | of trade-offs.
             | 
             | I also prefer to let the homophobes be open about it so a.)
             | I know what they're saying and can undermine it and b.) so
             | I know who to avoid. All pushing it underground does is
             | make me nervous that everybody's a closet homophobe and
             | means I can't change anybody's mind. (Which I have done on
             | multiple occasions).
        
               | beardedetim wrote:
               | > so I know who to avoid
               | 
               | This is a good point! I think that the concept of "who do
               | I want to associate with" is a different way to view
               | things than "everyone I see in the world needs to treat
               | me with agency"
               | 
               | I have a hard time knowing where that line is. Like you
               | said,
               | 
               | > I AM a free speech absolutist (or close to it), even if
               | it does result in some discrimination. (Even against me.)
               | 
               | People out there, due to their agency, may not agree with
               | where my agency ends and theirs begins. I think if we
               | have the privilege and feel able to "choose to avoid"
               | those that we disagree with, we could have these
               | discussions in the open without fear and actively change
               | people's minds.
               | 
               | I don't know how to though. I've written about it here
               | [1] but I still don't have a good answer for how do we
               | draw that line of where your agency ends and mine/theirs
               | begin.
               | 
               | [1] https://timonapath.com/articles/body-politic
        
               | Mezzie wrote:
               | I think it's such a hard question because the line moves
               | in accordance to people's position in their culture and
               | society. Even oppressed/marginalized people can have very
               | different circumstances. For example, the 80s-00s were
               | very homophobic, particularly in certain areas of the
               | country, but one thing I had in my favor was a parent
               | with their own household that supported me. That meant
               | that if, say, my dad pushed the issue and was an ass, I
               | just stopped visiting. And likewise, once he'd come
               | around (took 3-4 years), if his family had been an ass to
               | me, they would have lost us all because my immediate
               | family was behind me.
               | 
               | I also tested well enough (I was the top scorer in the
               | county on all of our standardized tests) that it was
               | worth shutting up about my being a big fat homo.
               | 
               | That's a very different situation from a gay kid in an
               | Evangelical home in rural Alabama in the 90s, or (moving
               | outside of sexuality) an African American family in the
               | US South in the 50s.
               | 
               | Agency is very tied into a person's individual
               | circumstances, and trying to legislate rules and policy
               | around that is a nightmare, particularly given it can
               | change on a dime. (My MS diagnosis knocked out a fair
               | chunk of my agency).
               | 
               | I think most people's instinct is to try to protect the
               | most vulnerable, but that may end up stifling
               | conversation to the point where the group dissolves/can't
               | hold itself together OR opening people to being poached
               | away to other groups OR other groups with different norms
               | outcompeting or attacking that group.
               | 
               | We need to be careful not to monkey's paw ourselves.
        
           | ajmurmann wrote:
           | I really want to believe in free speech absolutism, but have
           | been really concerned how successful the "flooding the zone
           | with shit" strategy in propaganda has been. This seems to
           | have destabilized many western countries to varying degrees.
           | The best solution I've heard for this is that we need better
           | algorithms for what gets amplified by platforms and what
           | doesn't. Similar to how thirty years ago I could have shouted
           | all day about the moon landing being fake and it would have
           | never made it into the evening news unless there was
           | something more to it.
           | 
           | What's your thoughts on how we can defend against the shit
           | flooding? I find yhis entire problem area really hard.
        
             | Mezzie wrote:
             | The flipside is that the old ways enabled institutions to
             | lie to the people more easily. Remember Iraq? I just bring
             | this up to keep us from getting rose-tinted nostalgia
             | glasses about how much better things were before.
             | 
             | Another caveat to what I'm about to say is that I think
             | we're in for a century of legal and political upheaval, so
             | long term solutions will need to fit into whatever we build
             | next.
             | 
             | That said, I think that there some things we could do.
             | 
             | I'd like to see/hear more about looking into the
             | possibility of regulating sentiment, for example. Maybe you
             | can write any POSITION you want on culture war issue X, but
             | you can't write it in such a way it's only meant to inflame
             | anger/cause despair/etc. Or perhaps you can, but you have
             | to have some kind of warning label, or that content is
             | allowed but turned off/blurred by default (like NSFW pics
             | on Reddit), so you have to actively go out of your way to
             | consume things that are 'bad' for you.
             | 
             | Also give people more tools and nudges. Like let people
             | click through a Twitter profile and see that 80% of a
             | person's Tweets are angry or about political topics.
             | Somebody brought up tax policy as an example of something
             | that doesn't get this treatment, and that's because tax
             | policy is BORING and Slate/Newsmax aren't writing hit
             | pieces about tax policy. People care about culture topics
             | because the media whips them into a frenzy.
             | 
             | We could also force the companies to do due diligence in
             | their R+D/feature implementations; maybe Twitter should be
             | forced to prove that each new algorithm change makes people
             | HAPPIER (or at least doesn't have terrible mental health
             | effects).
             | 
             | Also I advocate for digital history and basic internet
             | infrastructure information to be taught at the K-12 level;
             | so much of the problem is that people don't understand how
             | any of this works at a VERY BASIC level.
        
               | ajmurmann wrote:
               | Thank you for your thoughtful response!
        
           | starfallg wrote:
           | That's really about monopolies on information and other
           | gateways more than anything. We are so used to consolidation
           | to one or few large platforms for us to access information or
           | services. This is in large part due to network effects, but
           | also due to poor regulation as well as us being lazy.
           | 
           | So if we have lot of different options to access information
           | and your views are still unwelcome in all but the most
           | extreme places, then I think it reflects quite poorly on your
           | views. You might not get a platform, but that doesn't mean
           | you're being persecuted.
        
             | 1234letshaveatw wrote:
             | > So if we have lot of different options to access
             | information and your views are still unwelcome in all but
             | the most extreme places, then I think it reflects quite
             | poorly on your views. You might not get a platform, but
             | that doesn't mean you're being persecuted.
             | 
             | Historically, this perspective has proven to be laughable.
             | Criticism of Putin can hardly be found except for the most
             | extreme places (in some locations)
        
               | starfallg wrote:
               | >Criticism of Putin can hardly be found except for the
               | most extreme places (in some locations)
               | 
               | That's driven by government persecution, so not really
               | what we're talking about.
        
               | 1234letshaveatw wrote:
               | Meh- power is power. Fine, how about extreme positions
               | like Jesus is god, earth is round, earth is not center of
               | universe, slavery should be outlawed, women should not
               | have to wear hijab, ...
        
               | starfallg wrote:
               | Those were all sanctioned by government, who decides what
               | the law is and who breaks it. We're not talking about
               | that.
        
             | CharlesW wrote:
             | > _So if we have lot of different options to access
             | information and your views are still unwelcome in all but
             | the most extreme places, then I think it reflects quite
             | poorly on your views._
             | 
             | And then those "most extreme places" (Parler, Truth Social)
             | invariably fail because of the "worst people problem".
             | 
             | https://twitter.com/hankgreen/status/1348101443404787718
        
             | Mezzie wrote:
             | It is, but I would argue that was one of the reasons for
             | the establishment of free speech. Back when we were
             | conceiving of free speech as a right, it was in direct
             | response to a monopoly on information. In that case, it was
             | the government backing up their monopoly on information
             | with their monopoly on force. Now, it's companies backing
             | up their oligarchy on information with their resources.
             | 
             | I think the problem is the monopoly on information, not its
             | source. I understand some people disagree.
             | 
             | > So if we have lot of different options to access
             | information and your views are still unwelcome in all but
             | the most extreme places, then I think it reflects quite
             | poorly on your views. You might not get a platform, but
             | that doesn't mean you're being persecuted.
             | 
             | I agree with this. It's just important to still let those
             | extreme places exist.
        
               | starfallg wrote:
               | From my understanding of history which is probably
               | incomplete, free speech is freedom from government
               | restriction and prosecution, not about availability of
               | information in the private sector. It boils down to the
               | principle that we can't force other people to repeat your
               | views.
               | 
               | Free speech as a concept has definitely been abused by
               | people distributing mis-information. That's more of a
               | modern problem as network effects and technology made
               | mass distribution and co-ordination of mis-information
               | affordable outside of governmental organisations.
               | 
               | In terms of "extreme places", the Internet is pretty free
               | from restrictions already. You can pretty much set up a
               | website with content that's not acceptable on any of the
               | large media platforms.
        
               | Mezzie wrote:
               | Yes, that is how and why free speech was established. My
               | argument is that we actually were reacting to the
               | availability of information, but since the government
               | (and outside of the US in some places the Church for
               | whatever religion the state follows) was the only source
               | of the monopoly, we assumed the problem was government.
               | Like if you have somebody running around committing arson
               | and you exile them but don't bother criminalizing arson;
               | you addressed that particular actor but not the
               | underlying problem.
               | 
               | > Free speech as a concept has definitely been abused by
               | people distributing mis-information. That's more of a
               | modern problem as network effects and technology made
               | mass distribution and co-ordination of mis-information
               | affordable outside of governmental organisations.
               | 
               | This is true, however, I would say it needs to be
               | balanced against the situation before, where institutions
               | acted unchecked and it was often impossible to act at all
               | outside of them. I am sympathetic to the argument that
               | misinformation is a problem and I even agree with it, I
               | just think the ways we discuss solving the problem would
               | be worse. It's not enough to solve a problem: We should
               | try to solve it in a productive way. Otherwise we end up
               | with a Pyrrhic victory.
               | 
               | > In terms of "extreme places", the Internet is pretty
               | free from restrictions already. You can pretty much set
               | up a website with content that's not acceptable on any of
               | the large media platforms.
               | 
               | This is why I focused on things like pressure to buy out,
               | DDOSes, immense legal resources being brought to bear,
               | etc. You can set up a website, but if it becomes big
               | enough, people start going after it with things other
               | than just speech, and THAT'S where I draw the line.
        
         | tapatio wrote:
         | Never heard of 8chan. Quick Google search indicates it is
         | shutdown.
        
         | mollusk_bound wrote:
         | It's frustrating that this topic keeps being discussed as if
         | there are only two options. Why not provide each individual
         | users with powerful tools that let them specify the type of
         | content they want to see and when. They can have a large amount
         | of presets and with a single button click users can change what
         | they'll be seeing or they can spend some time and modify it to
         | their liking. People can also share the filters they created.
         | Even better create an open API and let companies compete with
         | each other over who provides the best filters.
         | 
         | Moderation is important, but why leave it up to executives at
         | these massive companies to decide what is acceptable and what
         | isn't. Let each user decide for themselves.
        
           | gedy wrote:
           | > Why not provide each individual users with powerful tools
           | that let them specify the type of content they want to see
           | and when.
           | 
           | Agreed, but that's the issue - many people don't want anyone
           | to see some content because they are convinced such
           | misinformation causes people they don't like to be elected,
           | etc. I'm of the opinion that filtering is its own type of
           | propaganda.
        
           | 542458 wrote:
           | > Why not provide each individual users with powerful tools
           | that let them specify the type of content they want to see
           | and when
           | 
           | Tools like adblock/ublock/etc dramatically improve user
           | experience and performance on the internet, yet less than 30%
           | of desktop users employ adblocking. Requiring end-users to
           | set up filters to not be accosted by content that most people
           | find objectionable will generally not be a winning
           | proposition.
        
             | mollusk_bound wrote:
             | I don't think that is a good analogy. In this case these
             | filters would be presented to you as you setup your
             | account. In addition with filter sharing any user would
             | only be one button press away from adopting someones else's
             | filter. There could be a wide diversity of filters and
             | users can change their filter by the minute. Imagine if
             | browsers treated adblock/ublock/etc as integral parts of
             | your experience and not as an extra add-on.
        
         | geodel wrote:
         | It may be good idea hundred years back where (only?) government
         | was being all powerful in a person's life . So if government
         | denied people speech they are roughly blocked from everywhere.
         | 
         | Now with huge dependency on cloud/ social platform to conduct
         | daily life they are pretty much government. SO getting blocked
         | from them has much larger impact then it would be 50-100 years
         | back.
         | 
         | Spending time or getting blocked on HN is not as materially
         | impacting as it would be on big cloud services. So it does not
         | compare well.
        
         | rayiner wrote:
         | Nobody is upset that Twitter is moderating porn. (And in fact
         | it allows porn!) People are upset that Twitter censored what
         | turned out to be a true story about the son of the now
         | President, or that you can be blocked or banned for running
         | afoul of rules of decorum embraced by a small minority of the
         | population. If Twitter banned porn and not those other things,
         | people wouldn't be complaining!
        
         | 300bps wrote:
         | Internet forum moderation is nothing like government
         | censorship.
         | 
         | If you don't like a forum's moderation policies, you can go to
         | another forum.
         | 
         | If you run afoul of your government's censorship, they can jail
         | you or even end your life.
        
           | Koshkin wrote:
           | But some forums like Twitter (and HN, for that matter) are
           | pretty unique, IMO.
        
         | slibhb wrote:
         | People have to understand that by accepting the concept of
         | "platforming," they're joining the anti-free speech camp. The
         | whole idea of "platforming" is that there should be no
         | obligation to allow opinions with which the "platform"
         | disagrees. Disagreement occurs whenever the least tolerant,
         | most militant group of employees says so.
         | 
         | Contrary to this, we should have a free speech culture where
         | the norm is that people can say what they want. Moderation is
         | necessary but it should always be an exception.
         | 
         | > Note that you're choosing to spend your time on HN (a
         | relatively strongly moderated forum) instead of a less
         | moderated forum like 8chan's /b/.
         | 
         | Moderation on HN is based on tone and quality, not content.
         | This distinguishes it from almost everywhere else on the
         | internet.
        
           | the_doctah wrote:
           | "Platforming" is just weasel wording by people who want to
           | justify censorship. Just like "misinformation" has become a
           | blanket justification to censor.
           | 
           | Once you have human arbiters determining what is and what is
           | not "good" information, and censoring based on it, you are
           | acting in bad faith against free speech.
        
             | smachiz wrote:
             | Do you think they just let anyone publish in a newspaper?
             | Outside of cable access, you couldn't just hop on TV
             | previously either.
             | 
             | This is entirely a social media age problem. This isn't
             | "OMG, we're censoring" it's "we're applying the same
             | limitations that have always existed on a new medium" -
             | which is people deciding on what is in good taste (to them)
             | and appropriate for their platform (to them).
        
               | the_doctah wrote:
               | Twitter is only barely comparable to a newspaper, and
               | only in the ways that fit your narrative. It's almost
               | like new technologies force us into new ways of thinking
               | about things.
        
               | slibhb wrote:
               | They don't let "just anyone" publish in a newspaper but
               | almost all major newspapers allow voices across the
               | political spectrum in the form of letters and op-eds.
               | 
               | That's what free speech culture is about. It's the idea
               | that "everyone gets their say" and by disagreeing and
               | arguing, we get closer to the truth. It's sad that more
               | and more people are taking your view, which is that
               | people _can_ publish contrary opinions but there 's no
               | reason in particular to do so.
        
               | [deleted]
        
               | smachiz wrote:
               | >They don't let "just anyone" publish in a newspaper but
               | almost all major newspapers allow voices across the
               | political spectrum in the form of letters and op-eds.
               | 
               | Yes... that are heavily curated by _the Editors_. They
               | don 't publish every OpEd, nor every Letter to the Editor
               | they get. Yes, they post dissenting viewpoints constantly
               | - that is the function. But that isn't free speech at all
               | in the context of social media and what you're
               | describing.
               | 
               | >That's what free speech culture is about. It's the idea
               | that "everyone gets their say"
               | 
               | Again, not everyone - not even most people get their say.
               | Certainly none of the rantings and ravings get published.
               | Solid, cogent, fair or interesting letters get published
               | in credible platforms (i.e. newspapers and TV) - as
               | determined by the Editors or the OpEd review boards
               | depending on the _governance_ of the particular platform.
               | 
               | > and by disagreeing and arguing, we get closer to the
               | truth.
               | 
               | Agreed - but that has nothing to do with allowing all
               | view points and anyone with an idea, no matter how
               | dangerous or how bad. Hell, even in full page
               | advertisements, Newspapers can and will choose not to
               | take your money if it's something that they think is
               | harmful or antithetical to their platform. And they
               | always have.
               | 
               | This isn't new or unique.
               | 
               | >It's sad that more and more people are taking your view,
               | which is that people can publish contrary opinions but
               | there's no reason in particular to do so.
               | 
               | What I'm trying to share with you is that _you_ are the
               | outlier here. What everyone is describing is more or less
               | status quo prior to social media taking an  "anything
               | goes" stance. That has _never_ been the reality prior to
               | that.
        
               | slibhb wrote:
               | > Yes... that are heavily curated by the Editors. They
               | don't publish every OpEd, nor every Letter to the Editor
               | they get. Yes, they post dissenting viewpoints constantly
               | - that is the function. But that isn't free speech at all
               | in the context of social media and what you're
               | describing.
               | 
               | It's exactly free speech in the context I'm describing;
               | the idea that dissent is good and everyone gets their
               | say. Social media is free and open so it's quite clear
               | that the bar for curation is going to be lower than a
               | newspaper with finite space.
               | 
               | > Again, not everyone - not even most people get their
               | say. Certainly none of the rantings and ravings get
               | published. They sure did on Twitter.
               | 
               | Virtually everyone should get their say. The bar for
               | censorship should be extremely high.
               | 
               | > Agreed - but that has nothing to do with allowing all
               | view points and anyone with an idea, no matter how
               | dangerous or how bad.
               | 
               | Yes it does. How could it not? And who determines what is
               | "dangerous or bad"?
               | 
               | > What I'm trying to share with you is that you are the
               | outlier here. What everyone is describing is more or less
               | status quo prior to social media taking an "anything
               | goes" stance. That has never been the reality prior to
               | that.
               | 
               | It used to be the case that most speech was in-person and
               | local. Most people were relatively tolerant and there
               | wasn't a lot of curation. There was a consolidation in
               | the 20th century, which is what you're referring to. Now
               | things are opening back up.
        
               | smachiz wrote:
               | >It's exactly free speech in the context I'm describing;
               | the idea that dissent is good and everyone gets their
               | say. Social media is free and open so it's quite clear
               | that the bar for curation is going to be lower than a
               | newspaper with finite space.
               | 
               | Explain to me how you would get your OpEd published or
               | get on TV tomorrow, today, or 20 years ago. Explain to me
               | how _everyone_ gets to do it.
               | 
               | >Social media is free and open so it's quite clear that
               | the bar for curation is going to be lower than a
               | newspaper with finite space.
               | 
               | The point is it doesn't need to be. Newspapers are now no
               | longer constrained by how much paper they can fold. TV is
               | no longer constrained by how many channels can be
               | broadcast OTA or via Coax.
               | 
               | >Virtually everyone should get their say. The bar for
               | censorship should be extremely high.
               | 
               | Censorship _is not the same thing_ as not publishing your
               | drivel. Are you suggesting that if you submit an OpEd to
               | the Wall Street Journal and they don 't publish it that
               | they're censoring you? They're making a curated,
               | editorial choice, it's not censorship - they are a
               | private company with no obligation to publish or give
               | platform to your ideas.
               | 
               | >Yes it does. How could it not? And who determines what
               | is "dangerous or bad"?
               | 
               | This is what I'm telling you - in all media formats prior
               | to The Internet, the owner of the platform or editor of
               | the platform or governance for OpEds determined what was
               | worth publishing/platforming and what wasn't.
               | 
               | >It used to be the case that most speech was in-person
               | and local.
               | 
               | Is that good or bad?
               | 
               | >Most people were relatively tolerant and there wasn't a
               | lot of curation.
               | 
               | We burned "witches". There has never been a time in human
               | history where we were more tolerant than today.
               | 
               | The Catholic Church murdered people for suggesting that
               | our solar system was heliocentric.
               | 
               | We have less curation than we've ever had in human
               | history - by miles. We may have over-rotated.
               | 
               | >There was a consolidation in the 20th century, which is
               | what you're referring to. Now things are opening back up.
               | 
               | There has always been consolidation - through money and
               | power. There was an opening in the 20th century, and
               | we've been less constrained every day since the invention
               | of the printing press.
        
               | slibhb wrote:
               | Newspapers are a red herring because they have limited
               | space and don't solicit opinion pieces from random
               | people. It is censorship to obstruct someone from posting
               | on some social media site because their post is
               | bad/wrong/dangerous. What else could it be?
               | 
               | Under some conditions censorship is acceptable. The law,
               | for example, sets those conditions at "incitement to
               | imminent lawless action". Private companies need to set
               | their own conditions for censorhip. My argument is that
               | the bar should be high, much higher that it is on most
               | sites, and that free speech culture is extremely
               | valuable.
               | 
               | My historical argument is simply that, in the US, there
               | was a period of openness followed by a period of
               | consolidation. This was the result of the media that
               | existed (nationally prominent papers and tv channels are
               | necessarily centralized). We're heading back to openness
               | due to the internet. Enjoy the ride.
        
               | smachiz wrote:
               | > Newspapers are a red herring because they have limited
               | space and don't solicit opinion pieces from random
               | people.
               | 
               | As I said, Newspapers haven't been constrained by space
               | for 20 years. More than half of their subscribers are
               | digital only.
               | 
               | Anyone is free to submit a letter to the editor or an
               | oped. They don't inherently solicit them. They just
               | actually curate, moderate and only publish the ones they
               | deem worth publishing.
               | 
               | >It is censorship to obstruct someone from posting on
               | some social media site because their post is
               | bad/wrong/dangerous.
               | 
               | Why? If it's my social media site, and I don't like what
               | you're saying, how am I censoring you by saying you can't
               | do it on _my_ platform?
               | 
               | >What else could it be?
               | 
               | Me exerting my rights on my property (my social media
               | platform). Same way I don't have to let you scream
               | whatever you want from my front lawn.
               | 
               | >Under some conditions censorship is acceptable. The law,
               | for example, sets those conditions at "incitement to
               | imminent lawless action". Private companies need to set
               | their own conditions for censorhip. My argument is that
               | the bar should be high, much higher that it is on most
               | sites, and that free speech culture is extremely
               | valuable.
               | 
               | The bar seems very high already for most social media
               | platforms, honestly. Do you believe it is censorship to
               | choose not to allow things to be platformed/printed that
               | are clearly lies?
               | 
               | Is it OK to print lies if no one is harmed (i.e. you're
               | selling crystals to make your sleep better)? What if
               | you're selling crystals that cure cancer and someone buys
               | that instead of actually going to a cancer doctor?
               | 
               | >My historical argument is simply that, in the US, there
               | was a period of openness followed by a period of
               | consolidation. This was the result of the media that
               | existed (nationally prominent papers and tv channels are
               | necessarily centralized). We're heading back to openness
               | due to the internet. Enjoy the ride.
               | 
               | That's just the cycle of things - everything bounces
               | between the extremes. We go too hard one direction, then
               | overcorrect in the other.
               | 
               | The social media age is probably an over correction to
               | openness, with no one fact checking anything, spreading
               | lies rampantly. This was analogous to the snake oil that
               | was the plague of the early 1900s. Do you believe we
               | should go back to that? We stamped that out through
               | regulation and limiting the claims people can make. Is
               | that censorship? Is it bad?
               | 
               | I'm not going to reply anymore, it was good discussing
               | with you.
        
           | jcranmer wrote:
           | > Moderation on HN is based on tone and quality, not content.
           | 
           | ... That is still content-based moderation, since it's based
           | on the actual text being written and not the circumstances
           | (time, place, manner) of its writing.
        
             | slibhb wrote:
             | Content may have been a poor word choice. What I meant is
             | that comments here are rarely moderated because the message
             | in the comment is deemed wrong by the moderators.
        
         | dang wrote:
         | We detached this subthread from
         | https://news.ycombinator.com/item?id=31025740.
         | 
         | (Not for moderation reasons--simply to prune the thread so the
         | server isn't quite as overwhelmed.)
        
           | moffkalast wrote:
           | You guys should start a fundraiser or something, so you can
           | stop hosting this on your basement Raspberry Pi cluster and
           | finally rent out some proper cloud hosting :D
        
         | [deleted]
        
         | jansen555 wrote:
        
         | jelder wrote:
         | Not enough people are aware of the Paradox of Tolerance:
         | 
         | "The paradox of tolerance states that if a society is tolerant
         | without limit, its ability to be tolerant is eventually seized
         | or destroyed by the intolerant. Karl Popper described it as the
         | seemingly paradoxical idea that in order to maintain a tolerant
         | society, the society must retain the right to be intolerant of
         | intolerance."
         | 
         | https://en.wikipedia.org/wiki/Paradox_of_tolerance
        
           | refurb wrote:
           | I find it hilarious when this paradox is trotted out because
           | Popper's final conclusion was _we should tolerate
           | intolerance_ up until it promotes imminent violence.
           | 
           | He'd be entirely opposed to censoring intolerant views the
           | way most people think of intolerance.
        
           | popper_bot wrote:
           | I think everyone on the Internet has heard of that paradox by
           | now, and it is always misinterpreted by people who only want
           | _their_ speech to be allowed.
           | 
           | Popper was talking about literal Nazis. We do not know what
           | percentage of the numerous Twitter bans he would have
           | approved (my guess is around 5%). We do not know if he would
           | have been astonished by the fact that proponents of his
           | paradox never use it against overt communist propaganda but
           | only against alleged fascist propaganda (the bar for being
           | called a Nazi has never been lower).
        
         | jrsj wrote:
         | Hacker News isn't comparable to Twitter. They're not doing
         | coordinated censorship with other big tech companies or working
         | on behalf of intelligence agencies to spy on their users etc.
         | Twitter & other large corps aren't just private companies
         | because they have such strong relationships with the
         | government. Politicians also threaten to penalize them for not
         | doing censorship the way that they want, so they aren't really
         | acting in a free market regardless.
        
           | philistine wrote:
           | Looking at what is not allowed on HN, the same things are
           | disallowed here. How is that not the same?
           | 
           | Elon will either let Twitter be run over by political spam
           | and see it lose its value, or realize he needs to healthily
           | stifle some speech to maintain his investment.
        
             | phkahler wrote:
             | >> Looking at what is not allowed on HN, the same things
             | are disallowed here. How is that not the same?
             | 
             | Not true. If Donald trump wanted to post here on tech or
             | business I think he'd be allowed. The ban hammer might come
             | quick not because of his views, but his inflamitory style.
             | Twitter sensors ideas, not language.
        
               | themitigating wrote:
               | What idea have they censored?
        
               | phkahler wrote:
               | >> What idea have they censored?
               | 
               | Why did they cancel Donald Trump?
               | 
               | BTW I'm not supporting him, just pointing out censorship.
        
               | philjohn wrote:
               | Do they? In my experience they don't - e.g. the lab leak
               | hypothesis.
               | 
               | If you hypothesise about it, that's A OK, if you claim
               | that it's 100% verified, that's not, because it's not
               | been proven one way or the other.
        
               | phkahler wrote:
               | >> If you hypothesise about it, that's A OK, if you claim
               | that it's 100% verified, that's not, because it's not
               | been proven one way or the other.
               | 
               | But what is used as the ground truth? For the lab leak it
               | will likely never be known. Even so, if Twitter is
               | declaring certain parties as authorities on subjects
               | that's not good - particularly in highly politicized
               | situations.
        
           | jameshart wrote:
           | > They're not doing coordinated censorship with other big
           | tech companies
           | 
           | You ever notice how you're not permitted to comment on
           | Y-combinator company announcement posts on HN?
        
             | jrsj wrote:
             | Not really in the same ballpark as simultaneously banning
             | an individual or a news story across every social media
             | platform
        
             | saagarjha wrote:
             | You can comment on anything but job ads on this site.
        
           | x86_64Ubuntu wrote:
           | People keep moving the goalposts and it never ends up making
           | sense. The fact of the matter is that HN has moderation which
           | people enjoy. You can't come in here talking about whatever
           | you want, however you want. The same goes for Twitter. Trying
           | to split them apart by size, audience or whatever is
           | meaningless.
        
             | overrun11 wrote:
             | People like the moderation policies of Hacker News but not
             | the ones of Twitter. This isn't some grand hypocrisy.
        
             | jrsj wrote:
             | HN has generally good & reasonable moderation and isn't
             | engaged in blatant political censorship, it's not that
             | complicated.
        
         | thaway2839 wrote:
         | It's, in fact, the opposite of free speech.
         | 
         | Now, there may be an argument that Twitter, for example, has
         | become such an integral part of the public square that the
         | government SHOULD compel Twitter to allow every form of speech
         | on it. And that could be a reasonable argument to make.
         | 
         | What it wouldn't be is free speech. It would, in fact, be
         | coerced speech.
        
         | bluescrn wrote:
         | Governments don't control these massively influential
         | communications platforms (Maybe they should?)
         | 
         | In some ways, huge tech companies are more powerful than
         | governments. So why should they have the power to essentially
         | remove ideas from public discussion?
        
           | emteycz wrote:
           | What? I am not aware of a single company that is at least as
           | powerful as the smallest government. What do you mean?
        
             | [deleted]
        
             | kevingadd wrote:
             | Try paying for things at a shop or service that only
             | accepts credit cards when you've been banned from having
             | one. Who bans you from that? Payment processors.
             | 
             | If all the insurance companies decide they won't insure
             | you, how will you get health care? The government had to
             | intervene (with the ACA) because that particular problem
             | was so bad.
             | 
             | People trying to immigrate often have to use email to
             | communicate with government agencies. If gmail bans their
             | account, they can no longer talk to the immigration agency.
             | I've seen a couple different people have this exact
             | problem.
             | 
             | There are plenty of other examples.
             | 
             | Certainly governments have the power to do all these things
             | as well, but large influential companies can absolutely
             | ruin your life if you get the wrong kind of attention (or
             | in the case of automated policy decisions, get unlucky).
        
               | emteycz wrote:
               | This is something much different from the previous claim
               | (that companies are as powerful as states). None of this
               | means that the company is more powerful than any state.
               | 
               | And regardless - no business is going to send you to
               | prison, while the state can. No business will shoot you,
               | while the state can. So even in this interpretation of
               | "how much can they fuck up my life" the state wins.
        
               | kevingadd wrote:
               | Many of the things I cited are powers that businesses
               | have and the US government does not have. I don't know
               | why this is hard to understand.
               | 
               | Businesses are free to shoot you as well, private
               | security guards can carry guns in most parts of the US.
               | Businesses can also send you to prison via false police
               | reports, which is a thing that has happened periodically.
        
               | emteycz wrote:
               | All things you listed are entirely in the power of
               | governments - even the smallest ones. I'm actually
               | fighting with the state about one of these you listed as
               | we speak (healthcare insurance).
        
               | bluescrn wrote:
               | While governments technically have the power, they are
               | easily manipulated by interests with large amounts of
               | money.
        
               | emteycz wrote:
               | Why are my large amounts of money not helping at all,
               | then?
        
           | sp332 wrote:
           | That sounds like an argument against monopolies, not and
           | argument against moderation.
        
             | mab122 wrote:
             | or argument *for* inter-op of those platforms (reducing
             | network effects of monopolies)
        
           | boplicity wrote:
           | > So why should they have the power to essentially remove
           | ideas from public discussion?
           | 
           | They don't. They never have. You're ascribing way more power
           | to tech companies than they've ever had.
           | 
           | That being said, the combined power of tech companies and
           | media companies -- of which there are many -- does have the
           | ability you're talking about. (For example, Fox, Warner,
           | Google, Nytimes, etc.) The lines certainly have become a bit
           | blurred, with Comcast and Verizon buying media companies
           | though.
        
             | ccn0p wrote:
             | I agree a single company doesn't have all the power, but
             | for some reason they generally seem to act in concert with
             | one another. Take for example the Hunter Biden laptop
             | story. It was suppressed "by mistake" according to Jack
             | himself [1]. Later, survey indicated many voters believed
             | it was a "very important" story [2].
             | 
             | Another example is lab leak.
             | 
             | Thus, yes, yes they do.
             | 
             | [1] https://nypost.com/2021/03/25/dorsey-says-blocking-
             | posts-hun...
             | 
             | [2] https://www.rasmussenreports.com/public_content/politic
             | s/gen...
        
               | boplicity wrote:
               | Strangely, practically everyone knows about the Hunter
               | Biden laptop story, so no, that was certainly not very
               | suppressed -- and you certainly _did_ see articles about
               | it in established media organizations, just not all of
               | them. So, no, it was not  "essentially removed" from
               | "public discussion" as the OP claimed.
               | 
               | In fact, your bringing up the story (which I immediately
               | recognized) proves the point. It is indeed, part of
               | public discussion.
        
               | overrun11 wrote:
               | Yes now it is. It wasn't nearly as well known _before_
               | the election.
        
               | boplicity wrote:
               | There were articles about the story published by many
               | mainstream news organizations before the election --
               | including the Washington Post, The New York Times,
               | Politico, Vox, Techcrunch, CNN, CBS News, and USA Today,
               | among others. I fail to see the "supression" of the story
               | from the public discussion, based on the reality of the
               | situation.
               | 
               | Edit: The point is that the story was part of the "public
               | discussion" -- though I understand that some people
               | disagree with some of the articles that were part of the
               | public discussion. Disagreement is a normal part of
               | "discussion." The original claim I was responding to was
               | that this story was "suppressed" from "public
               | discussion." It was not.
        
               | overrun11 wrote:
               | You're making no distinction between the content of the
               | coverage. The Hunter Biden laptop story was widely
               | covered pre-election in the context of it being false or
               | disinfo.
               | 
               | Politico: "Hunter Biden story is Russian disinfo, dozens
               | of former intel officials say" source:
               | https://www.politico.com/news/2020/10/19/hunter-biden-
               | story-...
               | 
               | NPR: "Analysis: Questionable 'N.Y. Post' Scoop Driven By
               | Ex-Hannity Producer And Giuliani" source:
               | https://www.npr.org/2020/10/17/924506867/analysis-
               | questionab...
               | 
               | Compilation of journalists calling it disinfo: https://tw
               | itter.com/tomselliott/status/1440402740409110528
               | 
               | I honestly don't think I am following your argument at
               | all. The fact that they wrongly reported on something
               | without evidence is exactly the point.
        
               | WaxedChewbacca wrote:
        
               | themitigating wrote:
               | It was extremely well known. What you're doing is how
               | Foxnews, the number one cable news network in many
               | situations, claims a story isn't being reported on by the
               | "main stream media".
        
               | the_doctah wrote:
               | Streisand effect.
        
               | themitigating wrote:
               | Do you have any evidence the laptop story suppression
               | wasn't a mistake?
        
               | overrun11 wrote:
               | Do you have evidence that it wasn't? Why do you get to
               | decide the null hypothesis?
        
               | themitigating wrote:
               | Twitter claimed it was a mistake, that's all the
               | information we have. You're claiming they are lying, you
               | have to offer evidence to prove that claim.
        
               | overrun11 wrote:
               | You've ignored the point. Twitter made the claim that
               | they made a mistake, should they be held to your standard
               | that "you have to offer evidence to prove that claim."
        
               | the_doctah wrote:
               | I'm sorry, you think every social media company censoring
               | a story _at the same time_ was somehow a mistake??
        
           | 542458 wrote:
           | If social media companies actually had the true power to
           | remove topics from public discussion, there would not be
           | public discussion on increasing regulation on these companies
           | or breaking them up.
        
             | ccn0p wrote:
             | the key word we might be hung up on is "remove". they can't
             | just remove, but they can sway just enough to have real
             | social impact.
        
               | themitigating wrote:
               | And yet Trump was elected in 2016 and almost in 2020.
               | Polls also indicate he would win an election between him
               | and Biden right now.
               | https://thehill.com/homenews/campaign/600146-poll-trump-
               | lead...
               | 
               | 33% of the US population thinks the 2020 election was
               | stolen https://www.usnews.com/news/politics/articles/2021
               | -12-28/pol...
               | 
               | What evidence do you have that they hold sway over
               | society?
        
               | Iwan-Zotow wrote:
               | Ever heard about HB laptop?
        
               | themitigating wrote:
               | Yes, what about it?
        
               | refurb wrote:
               | Well the former Democratic PAC leader now Facebook PR
               | executive had that story pulled until such time it could
               | be "fact checked". Still waiting 16 months later.
               | 
               | https://twitter.com/andymstone/status/1316395902479872000
        
           | jermaustin1 wrote:
           | > So why should they have the power to essentially remove
           | ideas from public discussion?
           | 
           | A private company is not required to publish your rants on
           | the current state of underground mole peoples' infiltration
           | of the highest offices of the world's governments. If you
           | somehow get it onto the platform, and they are made aware of
           | it, they can unpublished it.
           | 
           | Just like the NYT is not required to post every opinion piece
           | that is submitted to them.
        
             | nottorp wrote:
             | > Just like the NYT is not required to post every opinion
             | piece that is submitted to them.
             | 
             | That worked when there were more than two platforms to post
             | your opinions on.
        
               | Avshalom wrote:
               | We didn't even have those two platforms during most of my
               | life.
        
               | rosndo wrote:
               | Today there are more platforms to post your opinions on
               | than ever before.
        
               | mojzu wrote:
               | And very easy ways for people to create their own
               | platforms/blogs with their own rules too, they almost
               | certainly won't have the same reach as the larger
               | platforms but it seems to be a common view that
               | Facebook/Twitter/etc. owe people access to their platform
               | and maximum potential audience for some reason.
               | Personally I really don't understand how those espousing
               | free speech principles are making arguments that seem to
               | require other private individuals and companies to
               | repeat/amplify speech they don't want to
        
               | nottorp wrote:
               | > And very easy ways for people to create their own
               | platforms/blogs with their own rules too, they almost
               | certainly _won 't have the same reach as the larger
               | platforms_
               | 
               | That's the point. FB/Twitter are now public utility size
               | and usefulness. Your blog, not so much.
        
               | mojzu wrote:
               | I'm sympathetic to the argument that
               | Facebook/Twitter/etc. are too large and have too much
               | power for lobbying/influencing public discourse, although
               | I think if anything making them a public utility would
               | make that situation far worse as opposed to just breaking
               | them up or something else to make the market more
               | competitive
               | 
               | But also just because they are big platforms why does
               | that give people a right to be on them? Is my speech less
               | free because I have a smaller audience?
        
               | rosndo wrote:
               | Okay, but how is the situation worse than it was before
               | FB and twitter existed?
               | 
               | The amount of eyeballs available today for even small
               | sites is far greater than it used to be pre-facebook.
        
               | jermaustin1 wrote:
               | So this is all about, as another commenter said,
               | complaining that you can't get the largest audience for
               | your mole people rant. Facebook and Twitter are both very
               | large social hubs, but they still get to pick what they
               | publish. They are giving you the ability to publish
               | anything you want until enough people (or the right
               | people) complain about it.
               | 
               | It is democratized moderation. If your following is small
               | enough to skirt the mods, then you can post what ever you
               | want. If your following is huge and you post a bunch of
               | lies about sewer mutants, or that the covid vaccine gives
               | you rabies, or that Hillary Clinton is actually a space
               | alien in cahoots with Planned Parenthood to subsist off
               | the flesh of aborted 6 year olds, then YES, they will
               | remove your posts, and potentially ban you for a period
               | of time.
               | 
               | This literally happens to my aunt every few weeks. She
               | gets a weeks long ban for basically reposting only
               | Russian spam, gets her account back and does it again. It
               | has never even been permanent.
        
               | SketchySeaBeast wrote:
               | This is complaining that you won't be able to get all the
               | audience you want for a deranged mole people rant. It
               | wasn't too long ago that there were only one or two TV
               | channels in any one area - should the mole people rant
               | have been a mandatory presence on those media as well?
        
               | jermaustin1 wrote:
               | You say that like there aren't hundreds of social media
               | platforms out there now and like it isn't trivial for a
               | technical person to set up your own social media service
               | on some "bulletproof host" in Lithuania or Russia.
               | 
               | There isn't a dearth of social media. There are a couple
               | of GIANT social media websites that have sprung up in the
               | last 2 decades, but there are dozens of semi-popular
               | niche-ier forums that cater to any rant you might want to
               | leave.
        
             | Turing_Machine wrote:
             | The NYT can control what they print, and they are also
             | _responsible_ for what they print.
             | 
             | Twitter can control what it "prints", but is _not_
             | responsible.
             | 
             | Those situations aren't the same. At all.
             | 
             | Historically, there were platforms (like newspapers) that
             | had full control of what information they disseminated and
             | had full responsibility for that information, and "common
             | carrier" platforms (like the phone company) that did _not_
             | control what information was disseminated and accordingly
             | were not responsible for it.
             | 
             | Twitter and its brethren want the best of both worlds --
             | freedom to censor, but no responsibility.
             | 
             | They should have to choose one or the other.
        
               | jermaustin1 wrote:
               | > Twitter can control what it "prints", but is not
               | responsible.
               | 
               | I agree that this is a problem that I wish was addressed,
               | but honestly, I dont know what kind of overreaching,
               | anti-freedom (/s kind of?) law would need to be passed.
               | The reason it worked for news papers was they were
               | printing news, and news has to be true (or at least not
               | outright lies).
               | 
               | Twitter, Facebook, *chan, parlor, Truth social (is that
               | actually a thing yet?) would all just say they dont print
               | the news, and that every post is opinion.
               | 
               | Which even the NYT opinion pieces don't fall under the
               | same editorial scrutiny as their news, and legally are
               | completely separate.
        
               | sethrin wrote:
               | I think you'll find that both print media and online
               | media have substantially similar protections for third-
               | party content.
        
               | Turing_Machine wrote:
               | I think you'll find that online media is explicitly
               | protected from being sued for defamatory or infringing
               | content under the DMCA, as long as they take the material
               | down.
               | 
               | No such protection exists for print media.
        
               | Iwan-Zotow wrote:
               | > The NYT can control what they print, and they are also
               | responsible for what they print.
               | 
               | Nonsense
               | 
               | You should look at the thingy called "Opinion", and what
               | kind of disclaimer NYT put around it
        
               | Turing_Machine wrote:
               | Labeling it "opinion" does not protect you from being
               | sued for libel, or for copyright infringement, or...
               | 
               | Someone is spouting nonsense here, but it isn't me.
        
               | themitigating wrote:
               | Why can't they not be responsible and censor, how are
               | these related?
        
               | Turing_Machine wrote:
               | Because power without responsibility is a recipe for
               | abuse.
        
               | themitigating wrote:
               | If they are responsible for the comments they'll censor
               | more.
        
             | the_doctah wrote:
             | >If you somehow get it onto the platform, and they are made
             | aware of it, they can unpublished it.
             | 
             | And that's called censorship.
        
               | jermaustin1 wrote:
               | You are absolutely correct. Do you remember when your
               | parents would have some weird rule you didn't agree with,
               | and their justification was "my house, my rules." This is
               | basically the same thing. You don't have to follow the
               | rules, but if you get caught breaking them, there could
               | be some grounding and privileges taken away.
               | 
               | I do not get why people are under the impression that
               | Twitter has to indulge their every tweet. They do not,
               | will not, should not, and have not since the founding of
               | the platform.
               | 
               | If you walk into a McDonalds and start selling your own
               | hamburgers out of the bathroom unbeknownst to them, is it
               | censorship when they finally discover the atrocity and
               | have you removed? Is it stifling competition or free
               | speech? Probably, but their house, their rules.
        
           | zamfi wrote:
           | > In some ways, huge tech companies are more powerful than
           | governments
           | 
           | Sure, but in _other_ ways, they are not.
           | 
           | They do not, for example, break the government's monopoly on
           | force; tech companies generally cannot compel you to pay
           | taxes or imprison you. If you make them unhappy, mostly the
           | worst thing they can do is ignore you -- and unlike a
           | government, they cannot force _others_ to ignore you, and
           | they cannot much affect your life outside of their own
           | transactions with you.
           | 
           | The centralization of multiple forms of power is more
           | concerning than the mere existence of power in separate
           | spheres. You say "maybe they should?" but collaboration
           | between the organization that controls force and the
           | organizations that control speech seems like an opportunity
           | for much more substantial oppression.
        
           | wsc981 wrote:
           | _> Governments don't control these massively influential
           | communications platforms (Maybe they should?)_
           | 
           | Trusted News Initiative says otherwise. Which is why all big
           | platforms either censor or warn public on information that is
           | counter to the Western governments narratives.
        
         | tomp wrote:
         | This is a false dichotomy.
         | 
         | There are other ways to implement moderation that isn't
         | censorship.
         | 
         | I've proposed "blocklists" before, where users could create
         | different blocklists (e.g. "no vegans"), other users could
         | subscribe to them, and there would be some default blocklists
         | (e.g. "no porn" and "no gore") that people could also
         | unsubscribe...
        
           | bcrl wrote:
           | The only problem with that idea is that the blocklists will
           | inevitably end up being used to slander and malign other
           | groups as people will use them to assign unpleasant labels to
           | others. In the end, someone will need to moderate the lists,
           | so you're right back at the same moderation problem. Humans
           | on the internet tend to find all the creative ways to be
           | assholes-at-scale.
        
             | dataduck wrote:
             | So long as everyone using the platform can modify their own
             | list, no it's not the same problem at all. The question is:
             | do I get to decide who I listen to, or do you?
        
               | philistine wrote:
               | Do you get to decide who can use Twitter, or does
               | Twitter?
        
               | ImPostingOnHN wrote:
               | Who to listen to, where? Out on the street? You do. On
               | someone else's platform? Also you.
               | 
               | You choosing to listen to something doesn't mean you also
               | get to force whatever platforms you want, to carry
               | whatever you choose to listen to.
               | 
               | I find it hard to believe that there is someone you want
               | to listen to, who you currently aren't able to, because
               | twitter deplatformed them.
        
               | bcrl wrote:
               | You can already block people on Twitter. The problem
               | arises with shared blocklists. How is a shared blocklist
               | identified? Well, the odds are that it will probably need
               | to have a name. You now have the following problem: the
               | name can be used to promote hate if the name of that
               | blocklist is visible to other users, or to falsely
               | associate a given user with other nefarious groups, as
               | Google will probably crawl the lists and the results will
               | show up in searches. The whole thing ends up being
               | _exactly_ an added moderation mess, just like what you
               | started with, but with a few more layers of indirection
               | and different ways it can be abused. Plus you still have
               | the original problem of moderating messages that needs to
               | be solved.
               | 
               | Solutions like this look great initially if everyone uses
               | them properly, but everything falls apart when people
               | inevitably start actively abusing the new feature. The
               | design needs to handle assholes-at-scale from the outset.
        
       | titzer wrote:
       | I liked Elon Musk better when he was less focused on a being a
       | celebrity and trying to protect his effectively infinite stack of
       | virtual cash. At one point he was worth $300 billion--today it is
       | merely $265 billion. He could literally retire 100,000 times over
       | (a comfortable middle-class $80k/yr lifestyle)--or maybe just
       | 10,000 times over (comfortably in the 1% at $800k/yr).
       | 
       | Money aside, clearly that's just not enough for him anymore. He
       | got sucked into the fame game and inevitably had to step on faces
       | to keep climbing. And that made him a target, and now he's going
       | to go punish those Twitter trolls like a baby with an enormous
       | wallet.
        
       | [deleted]
        
       | gotaquestion wrote:
       | If he's so rich and smart, just make a better Twitter and people
       | will flock to it, right?
       | 
       | I mean, I thought he's for the invisible hand of the market yadda
       | yadda yadda.
        
         | funshed wrote:
         | If he's so rich and sport, buy twitter and build on the
         | shoulders of a giant.
        
           | gotaquestion wrote:
           | But Elon is a disruptor, no?
        
         | danlugo92 wrote:
         | What is network effects?
        
           | seanw444 wrote:
           | Exactly. Better things are overshadowed by more established
           | things all the time.
        
             | [deleted]
        
             | gotaquestion wrote:
             | Seems very non-Elon, because he's about disrupting
             | established things, right? Or no. Pick one.
        
       | TimMeade wrote:
       | I am just going to throw something new out here.
       | 
       | EVERYTHING Elon does is circled around his belief that we need to
       | be living on Mars. Spaceships to get there. Satellites for
       | communications when we get there. Electrical cars since no oil to
       | drive there. Tunnel boring to make the roads and cities there.
       | 
       | Why would buying Twitter be any different? He currently is
       | meeting serious resistance from USGOV and FAA on launching
       | Starships. Postponed many times and may be postponed yet again
       | due to environmental studies in TX.
       | 
       | Maybe; just maybe; total guess here; He thinks twitter would be a
       | benefit to him during future elections to help either steer the
       | future governments to directions he wants; or at a minimum move
       | away from the one currently in power that's holding him back. I
       | can certainly see it helping with his mantra "Going to Mars
       | soon". Just another cog in the engine.
       | 
       | I just do not think this is about the money. A lot of people are
       | talking about his stock price etc. Elon has never been about the
       | money. It is about his end goals. Either the purchase of twitter
       | is his repairing a social injustice he perceives, not normally on
       | his radar. Or; it is a move to further his goal.
        
         | The_rationalist wrote:
        
         | hayd wrote:
         | > postponed yet again due to environmental studies in TX.
         | 
         | If Biden picked up the phone to Dickson over at the FAA that
         | PEA could be done in days. Likewise if Biden asked him to "make
         | sure it's all done right" (or something) we're looking at many
         | more months of waiting... and Musk is going to get
         | bored/creative and do stuff like this!
        
         | thebradbain wrote:
         | I really think this whole "everything Elon does is for Mars" is
         | yet another story/myth he's perpetuated.
         | 
         | He's a businessman. He wants money; he wants respect; he wants
         | power. Like most businessmen/politicians/people of stature of
         | that caliber, he's just couching it all within a story that's
         | much more palatable to the general public than saying that.
         | 
         | Also, I personally have always found how Tesla fits into this
         | Mars equation laughable: why are we building sprawling
         | infrastructure that needs cars on Mars? Is his imagination
         | limited to Atherton, but on Mars? A much better use of limited
         | resources (and oxygen) to build infrastructure would be to
         | build denser, walkable colonies with major corridors served by
         | public transit. Electric light rail or self-guided people
         | movers are not new or novel, but we all know how Elon feels
         | about public transit.
        
           | TimMeade wrote:
           | I think it fits in that he is engineering electrical
           | vehicles. He is building the tech base. He will need that.
        
         | beefbudd69 wrote:
         | sounds good to me
        
       | TheDesolate0 wrote:
        
       | beowulfey wrote:
       | Has Musk made it clear why he thinks Twitter doesn't serve the
       | goal of free speech with explicit reasons? I don't follow him so
       | he may have mentioned them in the past.
        
       | overrun11 wrote:
       | I suspect most of the commenters supporting the right of a
       | private company to moderate content is completely contingent on
       | what those moderation policies are. Commenters feign holding an
       | absolute position but would certainly balk if the moderation ever
       | turned against them and the idea they support.
       | 
       | If you believe on principle, the right of private companies to
       | moderate content, then you must support all kinds of absurd
       | outcomes: Twitter deciding to subtly push pro-Russian viewpoints,
       | Facebook deciding to boost antivax content etc.
        
         | frabcus wrote:
         | Well, I also believe that no single company should be allowed
         | to have more than 10% market share in _any_ market. So I would
         | have competition, with different companies having different
         | moderation policies.
        
           | afrodc_ wrote:
           | How would you even enforce this? You'd require a minimum of
           | 10 companies at all times and mandate user distribution? That
           | wouldn't work
        
         | AlexandrB wrote:
         | Isn't the free-market answer to this problem for users to move
         | to other social media platforms that moderate in a way they
         | prefer? The problem here is how powerful and walled-off
         | Facebook and Twitter are, making competing difficult if not
         | impossible. Perhaps if we solve that problem, _everyone_ can
         | get what they want.
         | 
         | I think saying that, on principle, companies should _not_
         | moderate content at all is equally absurd as it would allow
         | malware, CP, abusive content, and spam to run rampant. All we
         | 're really arguing about here is to what extent do we want
         | these platforms to moderate content. Should they be limited to
         | only removing illegal content? What's the line on "illegal" (no
         | company could afford to consult lawyers for every post they
         | remove)? What about spam, which is not necessarily illegal but
         | disruptive to the service?
        
           | SV_BubbleTime wrote:
           | If I remember correctly, Google put a ton of resources into a
           | Facebook competitor and failed spectacularly. A well funded,
           | immediate millions of users, and an unrivaled ad network...
           | fell on its face (for reasons of course, but none nullify the
           | above facts).
           | 
           | Now, please make the case for any startup to compete with
           | Google's resources.
           | 
           | If the only case you can make is time, there is a problem
           | with this monopolistic system.
        
             | smcl wrote:
             | You're effectively saying that Google failed, therefore
             | nobody can succeed. This suggests that Google threw all its
             | might and resources behind Google+ and still came up short.
             | I don't think that's true, but even if they did, throwing
             | sufficient resources at the problem was not the issue, the
             | problem seemed to be poorly understood within Google. They
             | seemed to be building "Facebook but Google-branded, but
             | also somehow not Facebook" and then when it was struggling
             | early on instead of trying to fix it, they just went "Ok
             | all Google users have a Google+ now" and acted like they
             | were blowing up.
             | 
             | There is a _very_ interesting counterexample. A company
             | that Facebook saw as enough of a threat that they bit the
             | bullet and spent what was at the time an eyewatering amount
             | of money on a company with a product that was built by a
             | tiny team - Instagram.
             | 
             | We can't ever know what would have become of Instagram had
             | it not been acquired, maybe it would just be the
             | aspirational selfies-and-travel-pics app or maybe it would
             | grow and become something altogether different. But it is
             | certainly clear to me that the failure of Google+ does not
             | mean someone can't build a company that could grow to rival
             | Facebook. They may seem dominant in social media now, but
             | companies which have been completely dominant in their
             | field have been known to totally collapse - remember Nokia?
        
             | AlexandrB wrote:
             | Absolutely there is a problem. That was my point. If we fix
             | the monopolization of these industries, we solve the
             | moderation issue as well via the free market.
             | 
             | Obviously solving the kind of monopolies created by social
             | networks is hard. The best proposals I've heard is forcing
             | them to open up their social graphs/APIs to competitors,
             | but that's not without its own issues (e.g. bad actors
             | siphoning off user data, like Cambridge Analytica).
        
           | johannes1234321 wrote:
           | > Isn't the free-market answer to this problem for users to
           | move to other social media platforms that moderate in a way
           | they prefer?
           | 
           | It's not that easy. You want to be where your audience is.
           | People are on Twitter since there is a huge (potential)
           | audience. Thus if the moderation only affects a small group
           | and majority doesn't even notice others being moderated it is
           | a tough game.
        
         | goatcode wrote:
         | >I suspect most of the commenters supporting the right of a
         | private company to moderate content is completely contingent on
         | what those moderation policies are.
         | 
         | Of course it is. Reading "Rules for Radicals" helps calm the
         | nerves when you see previously anti-governance "anarchists"
         | cheering for governments and private corporations. You make
         | your enemies play by their own rules, then disregard the rules
         | when they're no longer useful to you.
        
         | akhmatova wrote:
         | And if _don 't_ you believe on principle in the right of
         | private companies to moderate content -- you arrive at even
         | more absurd outcomes.
         | 
         | Like the idea that a private company has no such right, for
         | example,
        
         | TameAntelope wrote:
         | Honestly, this challenged my view a bit, because I _am_ a
         | person who believes a private company has a right to moderate
         | content, and I think you 're right, I've been resting on that
         | view because largely companies seem to have not done anything
         | insane (IMO) with that.
         | 
         | Looking at it now, I honestly think it's totally okay for Elon
         | Musk to buy Twitter and change fundamentally what its policies
         | are. I think it'd be devastating for the platform, and I think
         | a competitor would swoop in and scoop up the vast majority of
         | folks who would find a "free speech site" repugnant, but I
         | believe that's up to the platform to decide (right up until the
         | platform violates a law, of course).
         | 
         | Out of all of this, I'm just kicking myself for not being that
         | competitor. There's a _ton_ of turmoil here, I think a Twitter-
         | That-Is-The-Same-Except-Not-Named-Twitter could do real well
         | right now.
        
         | seattle_spring wrote:
         | Kind of a ridiculous statement. "If you support any laws
         | whatsoever, then you also support laws forcing Russian
         | viewpoints, laws against vaccines, etc."
        
         | klyrs wrote:
         | > I suspect most of the commenters supporting the right of a
         | private company to moderate content is completely contingent on
         | what those moderation policies are.
         | 
         | I'm one of those commenters, and I'd point to Gab, Parler etc
         | as companies who are already doing exactly that and are well
         | within their rights to do so. And of course, their free speech
         | (curation and flagging) is balanced by their users' freedom of
         | association: if twitter radically changes their moderation
         | policies, they could risk driving away their userbase and even
         | their developers.
        
         | Spivak wrote:
         | Right but this kind of reasoning presumes a world where
         | everything is equal, truth in unknowable, and our priors for
         | two statements like "women should be allowed to vote" and "a
         | woman's place is in the home and they are too emotional for
         | politics [1]" are that they're equally valid and likely to be
         | correct.
         | 
         | So I can totally understand why basically no moderation is in
         | this world is appealing but surely we can do better than that.
         | Who's gonna argue that the _extremely racist_ "Obama is a
         | Kenyan Muslim baby photoshop" is well reasoned take that isn't
         | based in hate? So when I say I like having moderation I'm not
         | arguing that I'm fine with literally arbitrary completely
         | unaccountable moderation.
         | 
         | [1] This was a real anti-suffragist take in the early 1900s.
         | Which is hilarious because 100 years later it's overwhelmingly
         | the men in politics having public emotional outbursts.
        
         | Imnimo wrote:
         | I believe those things would be within Twitter's rights, but
         | would object to them as being bad ideas that would make me not
         | want to use the platform. That isn't the same as saying I think
         | Twitter doesn't have the right to do them, though.
        
       | daenz wrote:
       | What if Twitter employees threaten to leave en-masse? I'd seen
       | some reports that people quit when he became the largest
       | shareholder. It's not outside the realm of possibility.
        
         | no-dr-onboard wrote:
         | I can't recall a time where a tech corp has been significantly
         | burdened by an employee strike.
         | 
         | Netflix employee tantrums over Chapelle was the most recent one
         | that comes to mind.
        
           | daenz wrote:
           | The tech industry appears to be closer to favoring
           | unionization than we ever have been. I take your point, but
           | the Chapelle outrage is a very small example compared to
           | what's happening here.
           | 
           | Tech workers are poised to leave their jobs far more readily
           | than many other professions.
        
         | ricardobeat wrote:
         | Why would they do that? Do the current owners have any kind of
         | noble motive that would be undermined?
        
           | daenz wrote:
           | My read on it is that the employees who work at Twitter, when
           | they can work at any other tech company, prefer to work at
           | Twitter because they think that by moderating the world's
           | messages, they are making it a better place.
        
       | thejackgoode wrote:
       | Mostly but not entirely off topic, just something I thought about
       | this morning, a hypothetical feature of twitter.
       | 
       | Imagine being able to flip a switch (a "green profile check
       | mark") that would disable banning and muting features for you.
       | And will only allow another green check marks to engage in
       | conversations with you.
       | 
       | Will this help break the echo chambers, or will it create a
       | tyrannical majority? Both?
        
         | heartbreak wrote:
         | This site has a feature called showdead, and I imagine this
         | hypothetical green checkmark would be about as useful.
        
       | firstSpeaker wrote:
       | It will be end of Twitter, or beginning of the end.
        
         | themitigating wrote:
         | based on what?
        
           | firstSpeaker wrote:
           | Elon Musk is The genius for manufacturing, super deep
           | research, and science as evident with success he has.
           | 
           | He has no experience, or at least none that I read about.
           | Social media is complex simply because of human element
           | involvement and immense regulatory push and pull.
           | 
           | Given that, I cannot see how he can replicate the success for
           | science, manufacturing, tech in the social scene.
        
       | gigatexal wrote:
       | No. No. Do not want. Why is he going to ruin something good? I
       | hope the shareholders reject this.
        
       | kmeisthax wrote:
       | Everyone here is talking about free speech and Twitter
       | censorship, but I have a different take:
       | 
       | How do we know Elon Musk won't just ban criticism of him or his
       | business ventures (Tesla / SpaceX / The Boring Company / Starlink
       | / etc)?
       | 
       | We know that his claims of being a "free speech absolutist" are
       | absolute bullshit, because the moment the speech is about him he
       | turns to every trick in the book to try and censor it[0]. This
       | includes firing internal critics of himself and getting dox on
       | anonymous bloggers so he could threaten to sue their employers.
       | 
       | If Elon buys Twitter and makes any major changes to it's
       | policies, it will be for the worse. I probably will delete my
       | account at that point.
       | 
       | [0] https://www.businessinsider.com/free-speech-absolutist-
       | elon-...
        
         | zackmorris wrote:
         | Your sentiment was my first instinct as well, that the only
         | power worth that kind of money is the power to erase history.
         | It's not about who's got the most bullets, it's about who
         | controls the information.
         | 
         | https://www.youtube.com/watch?v=Xk0Mzci2Sks
        
       | mrtksn wrote:
       | I don't have an opinion over the consequences for politics over
       | this, I'm just excited over the potential shakedown of the social
       | media landscape that I grew to despise. Musk is an activist, can
       | make it or break it.
       | 
       | He is absolutely right over its enormous potential, all the
       | problems it has - as a business or ones it creates for the
       | society - can be solved.
       | 
       | Free speech absolutism is possible and is beneficial once you
       | ensure that someone is not gaming the system, i.e. someone
       | pretending to be more than one person. Add some other social
       | mechanisms that we organically use in our daily lives to combat
       | bad actors, for example if someone is caught BS'ing degrade their
       | reputation and amplify the defence of the victims(thus, solve the
       | problem of sensational lie being viewed a million times and no
       | one seeing the correction).
       | 
       | Filter bubbles? Doesn't have to be a thing, you have all the data
       | to detect bubbles and pop them by introducing them to each other.
       | "More from the same" algos are a choice, TikTok successfully
       | serves you new content - doesn't think that just because you
       | liked a cat you want cats and cats only.
        
         | lossolo wrote:
         | > once you ensure that someone is not gaming the system, i.e.
         | someone pretending to be more than one person
         | 
         | For this to work you would need a worldwide government identity
         | check protocol implemented by all participating countries,
         | something like OAuth so you could register only one account
         | connected to that real identity, it could still be anonymous
         | from other users perspective. Problem here is that even if that
         | would make bot problem less significant it would not eliminate
         | it. You would have farms of hacked identities and then in
         | countries with really low income you could buy those identities
         | (digital access) for a few dollars per piece.
        
         | mschuster91 wrote:
         | > Free speech absolutism is possible and is beneficial once you
         | ensure that someone is not gaming the system, i.e. someone
         | pretending to be more than one person.
         | 
         | And how is one supposed to do that, especially against nation-
         | state actors such as Russia and China, both of which have been
         | caught or implicated _multiple times_ now, or against ordinary
         | criminals?
         | 
         | > Filter bubbles? Doesn't have to be a thing, you have all the
         | data to detect bubbles and pop them by introducing them to each
         | other.
         | 
         | Great idea, expose LGBT people to Christian fundamentalists,
         | it's not like harassment from these groups and their ideology
         | isn't one of the leading causes of suicide of LGBT people.
         | 
         | "Filter bubbles" _are_ the self-organized  "social mechanisms
         | that we organically use in our daily lives to combat bad
         | actors" you were talking about.
        
           | glenstein wrote:
           | Completely agree. People who think unmoderated online
           | platforms are equivalent to a flourishing state of nature
           | have not really thought one or two steps ahead.
           | 
           | No thought whatsoever about the fact that increasing
           | automation makes astroturfing, propaganda, "coordinated
           | inauthentic activity" possible in a way that was not easily
           | practical before.
           | 
           | Additionally, no one thinks about what filter bubbles really
           | are in practice, or models what they imagine to be the
           | healthy exchange of ideas, or whether our present choices to
           | be selective about information have broader array of
           | functional purposes than are captured by an oversimplifying
           | term like "filter bubble."
           | 
           | I feel like this is a conversation about free speech on the
           | internet that is due to mature, and that as it matures there
           | will be a new inventory of 101-level fallacies broadly
           | understood by everybody. One fallacy would be the idea that
           | bots, trolls, harassment campaigns, mob mentality and
           | coordinated state-based campaigns are the same as a "free
           | market of ideas" that leads to the optimal state of exchange
           | of ideas. Another fallacy would be the notion that any act of
           | preferentially selecting sources is comprehensively analyzed
           | and understood by labeling it a "filter bubble."
        
             | ss108 wrote:
             | I don't think we will get to that level of maturity, and
             | part of the problem is unbridled free speech itself lol
             | 
             | In contemporary society, it seems that the kind of free
             | speech we have seems only to lead to greater stupidity by
             | helping bad ideas propagate.
             | 
             | > People who think unmoderated online platforms are
             | equivalent to a flourishing state of nature have not really
             | thought one or two steps ahead.
             | 
             | They don't look two steps behind either. All their
             | historical analogies, for example, are sophomoric crap.
        
         | blenderdt wrote:
         | I think there is a huge distinction between the potential
         | business opportunity and the potential social opportunity
         | Twitter is offering.
        
         | [deleted]
        
         | pstuart wrote:
         | > Free speech absolutism is possible and is beneficial once you
         | ensure that someone is not gaming the system
         | 
         | First and foremost gaming seems to be nigh on unavoidable.
         | 
         | Secondly and most importantly, "absolutism" is not a good
         | thing. I know I'll get downvotes but it needs to be said: some
         | speech is not healthy for society, primarily hate speech.
         | 
         | And we have that today in Fox News -- actively promoting hate
         | speech and helping to widen the divide in the US.
         | 
         | edit: yes, much news is garbage (CNN et al), but my point
         | remains that speech designed to foster hate of others is not
         | healthy and welcome dialog in this regard.
         | 
         | Divide and conquer for the win.
        
         | nonrandomstring wrote:
         | Musk may be about to make the biggest mistake of his career.
         | 
         | This BBC article [1] posted a little earlier seems to indicate
         | it's not NFT's that are slipping here so much as interest in
         | Twitter.
         | 
         | He seems to be acquiring this for the wrong motives when he
         | could easily build a much better rival with different values.
         | 
         | [1] https://www.bbc.co.uk/news/business-61102759
        
           | Zigurd wrote:
           | Nobody has yet been able to "build a much better rival with
           | different values."
           | 
           | If there isn't a good theory about why that is, reshaping
           | Twitter to be more like those failed experiments is a not a
           | likely path to success.
        
           | outsb wrote:
           | > easily build a much better rival
           | 
           | Bootstrapping a network the size of Twitter is nothing like
           | easy, and might even be impossible this late in the game.
           | Gold rushes of new users tend to wear off as new areas
           | calcify into established concepts.
           | 
           | (The same would be true for launching a modern day FriendFeed
           | / Bebo / MySpace etc)
        
             | WJW wrote:
             | Musk has had success with Paypal, Tesla and SpaceX. All of
             | those are/were mostly engineering problems first and then
             | marketing problems second. None of the major problems at
             | Twitter these days are engineering problems, but rather
             | they are all related to politics and human group
             | psychology. I don't see what Elon could bring to the table
             | that Twitter does not already have.
        
               | shafyy wrote:
               | PayPal wasn't rally an engineering problem, at least not
               | at the scale of Tesla and SpaceX.
               | 
               | I'm torn. I think he has some good ideas (more open, paid
               | vs. ads, crack down on bots), and for sure the necessary
               | leadership to focus resources on those topics. On the
               | other hand, it's not good that rich people own more
               | media.
        
               | kylecordes wrote:
               | For PayPal to succeed it had to viciously hammer on a
               | huge number of users who it algorithmically suspected
               | might maybe be scammers. Blocking a tremendous amount of
               | free activity in the process, punishing many innocent in
               | addition to the guilty. This was done to create something
               | that felt safe enough to get mainstream use.
               | 
               | That sounds somewhat like the Twitter of today, and not
               | much like a hypothetical super-free-ified twitter.
        
             | nonrandomstring wrote:
             | > Gold rushes of new users tend to wear off as new areas
             | calcify into established concepts.
             | 
             | I hear ya. It's the crowd he's buying. But to me Twitter
             | has no "established concept". Maybe I'm the stupidest
             | person on the planet right now, but what exactly _is_
             | Twitter? Does Musk have a brilliant solution looking for a
             | problem. Or is this just playing games with money and power
             | for it 's own sake?
        
               | outsb wrote:
               | It is a bit like coal mining.. even the default new
               | account experience encourages subscribing to a bunch of
               | spam, when what is needed is mining one seam in that mess
               | containing just the desired content (people).
               | 
               | Finding a tight-knit specialist community goes against
               | everything the Twitter UI encourages, but it's how most
               | folk who are deeply loyal to the platform actually use
               | it. When configured well, the timeline should be
               | significantly comprised of conversations between known
               | people talking about desirable topics.
               | 
               | Personally I think this is the core of the tool - free,
               | open access to specialist communities with no membership
               | requirements, and no need for upfront reputation. If some
               | conversation between experts interests you and you have a
               | question, you can just ask.
               | 
               | One approach is to start by following one account you
               | really like, then mining their replies following the folk
               | they actively engage with. Do this for a few iterations
               | and the result will quickly become an extremely intimate,
               | engaging, and topical timeline. It only takes a few
               | meaningful questions and comments added to these
               | conversations for the follows and inclusion to start
               | flowing your way.
        
               | wyre wrote:
               | My conspiracy theory is that Musk foresees the decline of
               | society and owning a massive platform of communication
               | provides him with a lot of power. Why buy a newspaper
               | when you can buy the communication of so-much-more?
        
               | fsloth wrote:
               | "but what exactly is Twitter?"
               | 
               | It's like a watercooler around which a huge bunch of
               | people with interesting takes and things to say on lots
               | of different interesting things have gathered. It takes a
               | while to find the information streams as they are not
               | made obvious, but at least for me I got much better first
               | hand information of both Covid and Ukrainian war from the
               | people I follow before media.
        
               | hammyhavoc wrote:
               | Simultaneously, Twitter is an algorithmic echo chamber. I
               | had the opposite experience: fear porn scaremongering
               | throughout the pandemic with microchips in the vaccines,
               | 5G nonsense, graphene in the vaccines, the evils of Bill
               | Gates, and far more. My interest in Twitter has declined
               | massively year-on-year. I used to use it as an IRC
               | replacement with hashtags in TweetDeck in place of
               | channels. Now all the fun stuff is happening on Matrix
               | protocol in Matrix Spaces.
        
               | fsloth wrote:
               | "fear porn scaremongering throughout the pandemic with
               | microchips in the vaccines,"
               | 
               | Any of the algorithmic timelines are generally horrible,
               | agreed.
               | 
               | I follow only people who tweet and retweet reasonable
               | things. I use the timeline with content only from the
               | people I choose to follow ("Latest"), and don't follow
               | lunatics. This is a fairly nice experience, but needs a
               | curated list of people to follow, building of which needs
               | a while.
        
               | hammyhavoc wrote:
               | The only way I can stomach Twitter is using a browser
               | extension that removes retweets and likes from others,
               | and recommended stuff from Twitter. Also removed the
               | Trending/News area, and the Explore tab. Added a
               | chronological timeline back too, but really don't use it
               | much, and feel a lot better for it.
               | 
               | I don't think it's even necessarily about who you follow,
               | there's a lot of pushing celebrities who are into this
               | rubbish.
        
               | paulcole wrote:
               | > Or is this just playing games with money and power for
               | it's own sake?
               | 
               | Can't be. This doesn't sound like something Elon Musk
               | would do.
        
               | ClumsyPilot wrote:
               | Cant tell if this is written in jest
        
               | paulcole wrote:
               | That's the vibe I'm going for here.
        
               | [deleted]
        
             | version_five wrote:
             | I'd add that even if by doing this he ends up destroying
             | twitter, it will still leave room for the growth of
             | something new. Twitter has a lot of legacy baggage, and
             | either it had to be shaken up dramatically or burned to the
             | ground in order for this social media landscape to change.
             | This could go either way.
        
             | Aeolun wrote:
             | If there is anyone on the planet that can start a new
             | social network and get millions to join just by asking it's
             | probably Elon.
        
               | themitigating wrote:
               | I would have thought that before it failed to happen for
               | "Truth Social"
        
               | HWR_14 wrote:
               | Trump never posting on TruthSocial seems to be a pretty
               | low commitment from him. Or maybe he sent a welcome/test
               | message. Meanwhile, he doesn't even have someone
               | crossload his blog entries.
        
               | bdavis__ wrote:
               | The main draw for Truth Social is not posting on it. If
               | he was "truthing" 50 times a day, they would be doing a
               | lot better. I suspect some negotiation is going on. The
               | main content creator wants a bigger slice of the
               | business.
        
               | themitigating wrote:
               | What makes your suspect this?
        
           | danso wrote:
           | Musk realizing the difficulty of building a competitor vs
           | just outright buying Twitter is the best argument in favor of
           | his wisdom.
        
           | WaxedChewbacca wrote:
        
           | fsloth wrote:
           | "he could easily build a much better rival with different
           | values."
           | 
           | Steretypically of social media - I see Twitters greatest
           | asset being it's current network of influencers, analysts,
           | thinkers, artists and colleagues. All the people I want to
           | follow are already on twitter. I don't care about the
           | platform or the tech, I care about all of the interesting
           | people posting there. I would claim that is the true power of
           | the platform atm - it's network.
        
           | paulgb wrote:
           | > This BBC article [1] posted a little earlier seems to
           | indicate it's not NFT's that are slipping here so much as
           | interest in Twitter.
           | 
           | That's not how I read the article at all, and Google trends
           | confirms that NFT interest has trended down whilst Twitter
           | holds steady.
           | 
           | https://trends.google.com/trends/explore?geo=US&q=Nft,Twitte.
           | ..
        
         | seventytwo wrote:
         | > Free speech absolutism is possible and is beneficial once you
         | ensure that someone is not gaming the system
         | 
         | This is unbelievably naive. It's like saying "a perfectly
         | lassie-faire economy is possible, if no one is greedy".
         | 
         | Someone will ALWAYS be trying to game the system.
        
         | skybrian wrote:
         | Free speech absolutism and "ensure that someone is not gaming
         | the system" are opposites. Having multiple accounts isn't the
         | only way to game the system. There are plenty of trolls out
         | there and they are creative.
         | 
         | Once you are large enough to attract some trolls, if you don't
         | have good moderation, comment quality goes to hell, and users
         | care about that. Running a large social media site isn't kind
         | to people who aren't willing to do what works for ideological
         | reasons. You are fighting the trolls with a deliberate handicap
         | and they will absolutely take advantage. So are you going to
         | ban people who are disruptive or not?
         | 
         | TikTok is heavily moderated. That's why they became popular -
         | the moderation was better than the competition.
        
           | bluescrn wrote:
           | Heavy moderation can potentially work. But it needs to try
           | and be objective and politically neutral, not based on mobs
           | of activists actively trying to get their opponents
           | banned/silenced.
        
             | yibg wrote:
             | There is no such thing as objective and politically
             | neutral. If you moderate any topic, I can find a way to
             | claim it was politically motivated.
        
             | glenstein wrote:
             | Concepts like "objective" and "politically neutral" are
             | what Walter Bryce Gallie called "essentially contested
             | concepts."
             | 
             | Even in a system where moderation was administered
             | perfectly, there would be some percentage of people who
             | fundamentally objected to the accuracy and even legitimacy
             | of moderation based on its outcome. A "correctly"
             | administered system would probably still be one in which
             | disgruntled people dismissed "correct" choices as activism,
             | biased motives, etc.
             | 
             | Getting rid of vaccine misinformation would lead to antivax
             | cranks saying the pharmaceutical industry is using their
             | financial power to influence moderating. Getting rid of
             | 2020 election misinformation will lead to conservative
             | narratives about "mainstream" media silencing their voices
             | out of political bias. The liberal narrative on moderation
             | decisions would say it excludes minority and disempowered
             | voices. And all sides would invoke concepts like
             | "objectivity."
             | 
             | The problem is that not that all sides do it, but the
             | opposite, that there really is a real underlying truth out
             | there, and it really will be the case that some people are
             | going to be systematically wrong at every level at which
             | they register objections to moderation, and the correct
             | response is that their concerns are unfounded.
             | 
             | Of course that won't make people happy, but it shows that
             | the limits of what is possible are limits relating to human
             | nature that won't be uniformly satisfied by any system.
        
             | danShumway wrote:
             | But this is nonsense -- what does "politically neutral"
             | even mean in this context?
             | 
             | > not based on mobs of activists actively trying to get
             | their opponents banned/silenced.
             | 
             | Moderation literally is silencing/banning someone.
             | 
             | ----
             | 
             | My (slightly uncharitable) take is that when "non-
             | political" or "objective" gets brought up in this context
             | it usually means anything that the poster already agrees
             | with, and "political" or "subjective" means value
             | judgements that the poster disagrees with.
             | 
             | But any moderation policy you bring up in a private space
             | -- from banning alt-coin scams to blocking pornography to
             | deciding what does and doesn't constitute harassment -- all
             | of that is a balance between protecting communities and
             | allowing people more space to speak, and making political
             | decisions about what content does and doesn't belong in
             | those categories.
             | 
             | All of these categories are socially constructed and based
             | in part on group consensus about the types of content and
             | people we would like to see banned/silenced.
             | 
             | ----
             | 
             | I'll also point out that using a word like "objective" can
             | sometimes make free speech policies _more strict_. There
             | have been multiple points in history where we believed
             | something to be objective and settled truth that later
             | turned out to be false.
             | 
             | So not only does this ignore the reality that moderation is
             | inherently somewhat subjective and political and needs to
             | be in order to protect communities, it also ignores the
             | reality that moderation is inherently somewhat subjective
             | and political and needs to be in order to avoid _over_
             | -censorship.
             | 
             | What is and is not settled knowledge is often a contentious
             | debate, and by treating it like it's not a contentious
             | debate and like the decisions about what to ban are just
             | fully impersonal and objective, we open the door both to
             | people who want under-moderation and (surprisingly) also to
             | people who want over-moderation or want to quell criticism
             | of establishment ideas. By treating these moderation
             | decisions like they're not _decisions_ , we allow both
             | over-aggressive and under-aggressive moderators to hide
             | behind a veil of objectivity and to avoid responsibility
             | for the choices they make about the content they allow.
        
         | px43 wrote:
         | > Free speech absolutism is possible and is beneficial ..
         | 
         | We (the internet) tried that with 8chan. Things kept escalating
         | to the point where a bunch of people got murdered in a
         | synagogue. Condoning violent echo chambers will always _ALWAYS_
         | lead to significant violence.
        
         | delfinom wrote:
         | > Free speech absolutism is possible and is beneficial
         | 
         | What?
         | 
         | As it stands, free speech absolutism is being weaponized by
         | those with the money to manipulate the crap out of it. It has
         | no benefit in a society that is driven by the highest bidder
         | writes the rules _and now the news_.
        
           | c1yd3i wrote:
           | Citation? What are you talking about?
        
         | notahacker wrote:
         | > Free speech absolutism is possible and is beneficial once you
         | ensure that someone is not gaming the system, i.e. someone
         | pretending to be more than one person
         | 
         | You can have free speech absolutism or controls to stop gaming
         | the system. Pick one.
         | 
         | After that it becomes a debate over _which_ controls to have,
         | and the argument that multiple accounts is worse than
         | incitement to racial hatred or antivax nonsense isn 't a clear
         | cut one.
         | 
         | A lot of the "free speech" complaints about social media amount
         | to complaints about social media platforms adding content
         | warnings about [alleged] sensational lies or penalising their
         | reputation anyway.
        
           | nxm wrote:
           | Facebook blocking valid NY Post articles (just one last week)
           | is not a content warning... it's flat out censorship
        
             | delfinom wrote:
             | You realize NYPost are the ones who slutshame a NYC EMT for
             | moonlighting on OnlyFans to make ends meet because their
             | salary is criminally low? You know, they find the fact
             | she's making some X-rated content more wrong than her
             | salary being at the poverty level.
             | 
             | There is no "valid" content from that tabloid.
        
               | c1yd3i wrote:
               | OK... who cares? Who's to say that your world view /
               | morality is more correct than the view in the NYPost
               | article?
        
               | pilsetnieks wrote:
               | The Universal Declaration of Human Rights should be a
               | pretty good baseline.
               | 
               | > Art. 12: No one shall be subjected to arbitrary
               | interference with his privacy, family, home or
               | correspondence, nor to attacks upon his honour and
               | reputation. Everyone has the right to the protection of
               | the law against such interference or attacks.
        
               | JumpCrisscross wrote:
               | > _Who 's to say that your world view / morality is more
               | correct than the view in the NYPost article?_
               | 
               | The platform you're using to blast it, within the
               | confines of their platform.
        
               | c1yd3i wrote:
               | And, I don't want my platform to say _anything_ about
               | this. See
               | https://www.nearlyfreespeech.net/about/terms#tcontent for
               | the proper model.
        
               | JumpCrisscross wrote:
               | > _I don 't want my platform to say anything about this_
               | 
               | You should have the freedom to start such a forum without
               | being regulated out of existence and join such a forum
               | without fear of isolation. You should not be able to
               | force other privately owned forums to adopt your view.
        
               | c1yd3i wrote:
               | By this logic, it seems like you're asking Twitter to
               | adopt _your_ view. Screw mine and anyone else 's and
               | derank discussion that _you_ don 't agree with.
        
               | jerkstate wrote:
               | This is exactly what's going on. Twitter censors one type
               | of opinion and elevates another. People with the opinions
               | which are currently being elevated are terrified of the
               | potential loss of social power.
               | 
               | For what it's worth, I think this fear is misplaced.
               | Unless Elon can figure out how to run Twitter without
               | ads, woke-bigotry is safe as long as advertisers are
               | using woke politics to distract from their evils.
        
               | lovich wrote:
               | If they ask Twitter or some other platform to derank your
               | view and manage to convince the platform to do so, that's
               | an end result of free speech.
               | 
               | One of the main arguments for free speech is that you let
               | everyone talk without government interference and let
               | private actors decide what are good and bad ideas.
               | 
               | Everyone in this post who wants these public platforms to
               | be forced to host all speech sound like what they really
               | need is to have these platforms to be nationalized and
               | run with government rules. What's confusing to me is the
               | majority of the people I see who want these platforms to
               | host all speech are also in the same group that thinks
               | everything should be done by companies and not the
               | government
        
             | [deleted]
        
             | themitigating wrote:
             | Which article is currently being blocked?
        
               | glenstein wrote:
               | And, as is always the question, to what extent is this
               | one-off example representative of the totality of
               | Facebook's efforts to stop the spread of misinformation?
               | 
               | Are 50% of the "censored" posts regular reporting? 1%?
               | 0.00001%? Shouldn't a detail like that matter?
               | 
               | If I could make the rules, my rule for conversations
               | about one-off examples would be that you have to
               | immediately follow up by talking about how representative
               | that example is of the phenomenon you are using it to
               | illustrate.
        
           | glenstein wrote:
           | >A lot of the "free speech" complaints about social media
           | amount to complaints about social media platforms adding
           | content warnings about [alleged] sensational lies or
           | penalising their reputation anyway.
           | 
           | Exactly. And I would add, nobody who claims they are a "free
           | speech absolutist" can stay consistent with that declaration
           | after even one or two simple questions.
           | 
           | Does free speech absolutism mean unmoderated ISIS and Al-
           | Qaeda posts are fine? Because we need to expose them to
           | healthy debate for the benefit of societal progress? The
           | answer typically is "well that's not speech, that's _____",
           | and then it's a debate over why there's a special different
           | word for the type of speech they want to prohibit.
        
             | tomp wrote:
             | > Does free speech absolutism mean unmoderated ISIS and Al-
             | Qaeda posts are fine?
             | 
             | As a free speech absolutist, "yes".
             | 
             | That's literally literally what the word "absolutism" in
             | "free speech absolutism" means.
        
               | notahacker wrote:
               | You may do, but the self-proclaimed "free speech
               | absolutist" trying to buy Twitter thinks that making
               | certain claims and revealing certain information about
               | his companies is not at all fine, hence all the
               | litigation against critical former employees
        
               | glenstein wrote:
               | That is a laudable position of intellectual consistency!
               | I agree that it is what the "absolutism" part means.
        
             | rpmisms wrote:
             | > nobody who claims they are a "free speech absolutist" can
             | stay consistent with that declaration after even one or two
             | simple questions.
             | 
             | Try me.
        
         | TazeTSchnitzel wrote:
         | Free speech absolutism is a choice that does not promote the
         | open discussion of ideas. It is a choice that promotes the
         | loudest and nastiest voices and pushes out everyone else.
        
           | refurb wrote:
           | What if the loudest and nastiest voices are the only ones
           | speaking the truth?
        
             | themitigating wrote:
             | That would be great but it's a hypothetical.
             | 
             | How would you prove that's happening?
        
               | refurb wrote:
               | That's the point - you can't tell.
        
             | krapp wrote:
             | They aren't.
        
           | zakk wrote:
           | The problem is that the alternative is way worse... You have
           | to create some authority that decides what constitutes a
           | nasty opinion and what doesn't.
           | 
           | And the moral of the history is: in 2020 the COVID lab-leak
           | hypothesis was considered a nasty idea, one that only
           | uneducated, bitter conspiracy theorists could support. People
           | have been banned from the effective monopolists of public
           | discourse over this idea.
           | 
           | Then sometime around 2021 the same idea became acceptable.
           | 
           | Not surprisingly, this change in the public perception of
           | this idea over social media followed the viewpoint of the
           | major political party the owners of social media cheer for.
           | 
           | This is bad, bad, bad for political discourse and rational
           | thinking!!
           | 
           | As far as I am concerned: long love the free market of ideas!
        
             | ss108 wrote:
             | Assuming the factual premises of what you're saying are
             | true, the problem with the lab-leak thing was that it was
             | bandied about by Trump and his supporters as some kind of
             | excuse for his poor handling of the pandemic (which began
             | before the pandemic even started via his dismantling of
             | certain government functions meant to deal with such
             | outbreaks). They also were people who wanted to downplay
             | the severity of the disease overall, act like everything
             | could continue as normal (for largely selfish reasons),
             | etc.
             | 
             | Don't get me wrong--I think the initial response to Covid
             | was probably overzealous, and it has lasted way too long
             | (once we had vax, everyone should have been done with it).
             | 
             | My point is simply that they wielded the info/idea in an
             | ideological way, and this led to it being dismissed,
             | whereas if the idea was discussed and established among
             | experts first, it would have been taken more seriously. In
             | other words, bare, unregulated, irresponsible free speech
             | did harm in advancing this idea.
        
               | dukeofdoom wrote:
               | You are clearly differentiating between Trump's experts
               | and current experts. You either believe in the
               | infallibility of experts or you don't. There can't be
               | "poor handling of the pandemic" unless you are willing to
               | contradict the infallibility of experts.
        
               | ss108 wrote:
               | Fields of expertise have their own internal ways of
               | determining authority; the Trump side of things has
               | tended on the whole to not go with the most authoritative
               | of thought-out views of things.
        
           | seventytwo wrote:
           | Yes. Just like an absolutely free market promotes warlords
           | and cartels.
           | 
           | Someone will ALWAYS try to game the system.
        
           | inglor_cz wrote:
           | Atheism is probably considered very nasty in Saudi Arabia.
           | Support for LGBT rights as well. Depicting Mohammad in a
           | cartoon too.
           | 
           | If anything, with a majority of the world population living
           | in illiberal or semi-liberal regimes, we need free speech
           | absolutism more than before.
        
             | mint2 wrote:
             | That doesn't follow. In an illiberal country they'll just
             | ban any large platform that allows anything. How would free
             | speech absolutism on a platform or in some other country
             | have any impact on a state like that?
        
               | inglor_cz wrote:
               | Banning a platform outright isn't as easy. Some countries
               | like Russia are absolutely willing to do that, but a lot
               | of smaller illiberal countries still need to curry
               | favours with their own population and banning a popular
               | platform will cause some unrest.
               | 
               | For example, Turkey banned and unbanned Facebook several
               | times.
        
           | phatfish wrote:
           | The only way it works is if people have some skin in the
           | game.
           | 
           | To go the "free speech" route everyone should have to use
           | their real identity. I realise this excludes people under
           | repressive governments where free speech has really been
           | lost, and you can be thrown in jail or worse for a seemingly
           | mundane opinion.
           | 
           | But for those living in a democracy make them use their real
           | identity. Otherwise everyone is just trolling with zero
           | consequences.
        
         | bmitc wrote:
         | Musk is not an activist. At this point, I'd consider him a cult
         | leader and an opportunist. He does not have people's best
         | interest at heart.
        
           | dpbriggs wrote:
           | Why do people use the word cult when it's someone popular who
           | they dislike? It's inaccurate and a waste of connotation.
           | 
           | He's not a cult leader as he's not doing cult things. Musk
           | isn't making a new religion, he just has fans. No less than
           | Justin Bieber annoyingly had.
           | 
           | He's an activist as he's trying (and succeeding) at affecting
           | change according to his beliefs. He's also certainly an
           | opportunist as he's an entrepreneur. What point are you
           | trying to make with "people's best interests"? He holds his
           | interests to heart and that might happen to align with some
           | people.
        
             | bmitc wrote:
             | Look up the phrases "cult of personality" and "personality
             | cult". These are not new or controversial terms, and it's
             | certainly not a novel application to Elon Musk's mythos,
             | one in which he actively participates in crafting and
             | molding. You would be naive to think this is an inaccurate
             | portrayal.
        
         | schleck8 wrote:
         | > Free speech absolutism is possible and is beneficial
         | 
         | How can Twitter possibly get even more liberal in terms of free
         | speech? Just look at the trends occasionally, they are really,
         | really stressing the boundaries of free speech and crossing
         | into defamation territory without being censored in any way.
         | You can't start a trend comparing a democratically elected
         | politician to Hitler and expect no repercussions.
        
           | throwawaylinux wrote:
           | Not banning and suspending people or hiding tweets for
           | alleged violations of vague and arbitrary standards would be
           | great, to start with.
           | 
           | Go to any political tweet and you'll see countless hateful
           | messages, why aren't they banned, yet others are? I've never
           | seen any reason for it. Clearly they take a side or draw a
           | line on some issues they consider important to control, but
           | not others.
           | 
           | It seems to me it would be far better in my opinion for
           | twitter to foster strength rather than fragility by
           | empowering users to take responsibility for their own
           | feelings and have the tools and maturity to not read things
           | they can't cope with, rather than trying to police what
           | people write centrally. It absolutely could be the modern
           | town square and would be great if it supported real freedom
           | of speech, in my opinion.
        
             | themitigating wrote:
             | If that was true why are unregulated platforms, like 4chan,
             | not popular?
        
               | throwawaylinux wrote:
               | If what was true?
        
               | themitigating wrote:
               | "...absolutely could be the modern town square and would
               | be great if it supported real freedom of speech, in my
               | opinion."
               | 
               | My claim is that (in the US) if a platform allowed
               | everything that was legal it wouldn't be popular.
        
               | throwawaylinux wrote:
               | I don't see how a comparison with 4chan is any evidence
               | for that. There are also heavily regulated forums which
               | are not popular. So clearly that's not the reason for
               | whether or not one is going to be popular.
        
               | themitigating wrote:
               | Per you: how regulated/censored a platform is doesn't
               | have an effect on its popularity
               | 
               | However your first comment says "far better in my opinion
               | for twitter..."
        
               | WithinReason wrote:
               | It's not difficult to understand the argument: 4chan is
               | the largest unregulated platform, much smaller than the
               | largest regulated platforms.
        
               | [deleted]
        
           | zakk wrote:
           | Are you joking? You can easily find a very long list of
           | conservative/right wing personalities banned from Twitter.
        
           | CaptArmchair wrote:
           | The problem with Twitter - and any social medium - is that
           | moderation is very hard to scale. And that's exactly the
           | trade-off big platforms have made in order to grow their
           | userbase. That's just one problem.
           | 
           | Centralization also generates other problems: authority and
           | lack of partipation. These platforms lack proper affordances
           | regarding discovery and curation. As a user, you're
           | automatically gravitating towards the loudest voices, the
           | biggest or most active communities.
           | 
           | For instance, on Reddit, there's a canonical /r/sports
           | subreddit. It has 20 million fans, but it's mostly focussed
           | on american / UK sports. Searching for "sports"doesn't yield
           | anything comparable. Only a fraction of those 20 million fans
           | is really active posting and commenting. There's an
           | /r/worldsports subreddit but has a grand total of 350
           | redditors.
           | 
           | When it comes to Twitter, the net result is that only a
           | fraction of users is responsible for the vast amount of
           | tweets, while about 50% are basically lurkers. [1][2] In that
           | regard, the "free speech" argument is only a real concern for
           | a very small, yet extremely vocal fraction of Twitter users.
           | The same applies to Reddit as well.
           | 
           | The worrying part isn't the "free speech" argument such as it
           | is posited. It's that all of this results in a lack of
           | participation in any debate. The userbases of social media
           | might be more akin to the placid crowd on a market place
           | listening to someone ranting of a soapbox, and less a salon
           | where everyone actively engages and interacts with each
           | other.
           | 
           | [1] https://www.pewresearch.org/fact-tank/2022/03/16/5-facts-
           | abo... [2] https://www.pewresearch.org/internet/2021/11/15/2-
           | comparing-...
        
           | gwd wrote:
           | > You can't start a trend comparing a democratically elected
           | politician to Hitler and expect no repercussions.
           | 
           | You realize that Hitler was literally democratically elected?
           | 
           | He and his party were democratically elected to the German
           | parliament. They proposed to form a coalition government with
           | some other parties, which was approved by the (separately
           | democratically-elected) president. Then he proposed
           | legislation which would give himself wide-ranged emergency
           | powers, which was approved by the democratically-elected
           | parliament. Everything he did was technically legal and
           | constitutional.
           | 
           | So ask yourself: When would _you_ have blocked literal Hitler
           | from Twitter?
           | 
           | I think the take-away lesson from Nazi Germany is that we
           | need to start fighting fascism and authoritarianism much
           | earlier in the process.
        
             | schleck8 wrote:
             | > Then he proposed legislation which would give himself
             | wide-ranged emergency powers, which was approved by the
             | democratically-elected parliament
             | 
             | I'm German and graduate with polish-german history as
             | honors class.
             | 
             | Where to even start.....
             | 
             | First of all, the only reason they took the political path
             | was because Hitler's coup against the German government in
             | 1923 failed.
             | 
             | The "democratic" approval you paint here happened while the
             | SA, the NSDAP's personal thug squad, as well as the SS (no
             | introduction necessary) had infiltrated the building and
             | were "observing" the voting procedure. This was illegal,
             | especially since they were uniformed for intimidation.
             | 
             | You are also ignoring the fact that this "technically
             | constitutional" decision was only possible because they
             | spontaneously (same day) changed the legal framework in a
             | way that meant that non-present (intimidated)
             | representatives count as present. Only this way they
             | achieved the necessary votes.
             | 
             | What even legitimized this situation in the first place was
             | an exploitation of the weak Weimar constitution (as in
             | abuse of loopholes due to it's young nature of 20 years,
             | same applies to the German democratic history as a whole,
             | first time a democratic persistent government was in power
             | was in 1918).
             | 
             | You are completely ignoring the Reichtagsbrandverordnung
             | which eradicated the fundamental rights as well as the
             | divison of powers (!) which should not have been able to be
             | touched. This was a breach of the Weimar constitution by
             | the way, so the Nazi rise to power was 100 % not
             | constitutional.
             | 
             | And lastly you decontextualized the comparison since Hitler
             | obviously did a lot more than just being a cheater in
             | politics
        
               | gwd wrote:
               | I realize technical accuracy is important, but I don't
               | think any of your points take away from the main point I
               | was making: Hitler was a democratically-elected
               | politician; so comparing other democratically-elected
               | politicians to Hitler is not an automatic non-sequitir;
               | and blocking democratically-elected politicians who
               | exhibit fascist and authoritarian behavior is a
               | reasonable choice.
               | 
               | > First of all, the only reason they took the political
               | path was because Hitler's coup against the German
               | government in 1923 failed.
               | 
               | Sure; I knew about that (and other illegal activities)
               | and was trying to think of a way to make it clear I
               | wasn't including that in "everything". It wasn't really
               | possible without being awkward and taking away from the
               | main point; so I relied on my readers to understand the
               | implicit limitation of "everything".
               | 
               | As for the rest, I could have said "mostly constitutional
               | with some bending" and it would have had the same point.
               | Obviously digging into it, the fact that Germany at that
               | time didn't have a tradition of democracy, and its
               | constitution was problematic, is important to know. But
               | most people in the US, at least, don't realize that
               | Hitler took a mostly legal route to power at all. That's
               | the main thing I want to get across to people.
        
           | mrtksn wrote:
           | > You can't start a trend comparing a democratically elected
           | politician to Hitler and
           | 
           | See, in my opinion, you should be absolutely fee to do that
           | 
           | > expect no repercussions.
           | 
           | The first "repercussion" that comes to mind is to block their
           | account or something like that but I think this is the wrong
           | course. When they do or say something stupid In real life,
           | the repercussions are that they are judged as a stupid person
           | and not simply silenced. I think, this must be the norm in
           | social media too. Just make sure that whatever they say
           | sticks to their identity and if later they change their mind,
           | they can apologise and ask for forgiveness.
           | 
           | I have this idea where your identity can be secret to the
           | society but known to the platform. I.e. the platform knows
           | you as a real person, you have just one account but you have
           | an option to post anonymously too. You use your anonymous
           | account to engage with the community about stuff that you
           | normally wouldn't dare(i.e. controversial political stance,
           | your sexual orientation kind of stuff).
           | 
           | If you post something very bad with your anonymous
           | account(i.e. call for violence, hate speech etc), you get
           | your anonymous posting rights revoked and your posts deleted.
           | You can override the deletion by de-anonimization of the
           | posts. If whatever you said is something criminal(plans to
           | attack this, kill that, sell dirty bomb etc), the law
           | enforcement takes care of it and the platform stops acting as
           | a police.
           | 
           | edit: Oh I missed the part where your identity is actually
           | encrypted, not known to the platform in plain format. To
           | challenge the platform censorship and put back your removed
           | comments you decrypt your identity. If you are afraid of
           | state actors coming after you, you simply move on and your
           | identity stays secret. The platform doesn't need to be
           | solving all the problems if the world. For example, if you
           | are Russian dissident in Russia you first need replace Putin
           | IRL, then you can use it as a westerner, challenging the
           | politicians.
        
             | john_the_writer wrote:
             | So.. now the platform knows your name. And the
             | Afghan/Saudi/Russian/China gov tell twitter to release the
             | name of the user. Sounds like a great result for the LGBT
             | users.
        
               | mrtksn wrote:
               | > So.. now the platform knows your name. And the
               | Afghan/Saudi/Russian/China gov tell twitter to release
               | the name of the user. Sounds like a great result for the
               | LGBT users.
               | 
               | Oh I missed the part where your identity is actually
               | encrypted, not known to the platform in plain format. To
               | challenge the platform censorship and put back your
               | removed comments you decrypt your identity. If you are
               | afraid of state actors coming after you, you simply move
               | on and your identity stays secret.
               | 
               | The platform doesn't need to be solving all the problems
               | if the world. For example, if you are Russian dissident
               | in Russia you first need replace Putin IRL, then you can
               | use it as a westerner to engage in politics.
        
             | bbarnett wrote:
             | The repercussion is civil court. Same as for bs in a
             | newspaper, TV.
        
           | whitepaint wrote:
           | > How can Twitter possibly get even more liberal in terms of
           | free speech?
           | 
           | They literally banned the President of USA. Are you seriously
           | asking this question?
        
             | themitigating wrote:
             | What is the relation between a user of a service and what
             | they do off that service ?
        
             | schleck8 wrote:
             | He got banned as a citizen of the united states, welcome to
             | people's sovereignity where the politicians have the same
             | fundamental rights as the citizens they represent.
             | 
             | The governmental account is still active.
        
             | throwmeariver1 wrote:
             | They banned the personal account of the president not the
             | official account. The official account was tweeting until
             | after the election. I would have loved to see if they would
             | have banned the potus account if he tweeted from there but
             | we'll never know.
        
             | postingawayonhn wrote:
             | Should the US president get some special protection because
             | of his job? Surely the same standards should be applied to
             | all users?
        
               | whitepaint wrote:
               | https://blog.twitter.com/en_us/topics/company/2020/suspen
               | sio...
        
               | roenxi wrote:
               | The US president has just won the largest popularity
               | contest in the world, and by nature of the role has a
               | mandate to bring ideas into the political discourse for a
               | couple of years. It isn't so much that there should be
               | special protection. If Twitter's policy bans the
               | president it is way out of line with actual as-measured
               | community expectations.
        
               | mickotron wrote:
               | The POTUS should be treated as just a person to Twitter.
               | However, that person has the resources of the world's
               | most powerful government. POTUS doesn't need Twitter to
               | get a message out.
        
               | themitigating wrote:
               | Meeting the expectations of a community is a business
               | decision.
        
               | krapp wrote:
               | Trump was allowed to run rampant bringing "ideas into the
               | political discourse" for his entire term. Also, it was
               | his personal account that was banned. The official
               | presidential account is still there.
               | 
               | And as the president, he had the entire American media
               | apparatus at his disposal. The premise that somehow an
               | American president can't effectively communicate policy
               | without a Twitter account is absurd. Previous presidents
               | have been able to manage just fine.
        
               | mminer237 wrote:
               | Implying that morality is just whatever is popular? Do
               | you think Middle Eastern Twitter should allow people to
               | talk about how they're going to exterminate the Jewish
               | and gay people? And Russian Twitter should allow calling
               | out locations of humanitarian corridors so the military
               | and mine them? And Chinese Twitter should ban all
               | discussion of faults of the CCP? Because those things are
               | often community expectations.
               | 
               | The US is very, very divided. Trump won with basically
               | 50% support, he lost re-election, and then lost even
               | further support when he started making up lies about
               | election fraud. Even if morality was derived from
               | popularity (or just profitability, if that's what you
               | think Twitter did it for), Trump no longer had close to a
               | majority. Maybe his comments were in line with
               | expectations of 60% of Republicans, but the other 70% of
               | the country thought that was what was unacceptable.
        
               | 0xbadcafebee wrote:
               | Let's not get hyperbolic; it's the largest political
               | popularity contest in the US. In India, 600 Million
               | people voted in the 2019 Indian General Election.
               | Eurovision is also bigger than the US General Election,
               | at least by viewership (I couldn't find televoting
               | numbers).
        
               | roenxi wrote:
               | Sorry India. 2nd largest.
        
               | UncleMeat wrote:
               | That sounds like the opposite of liberal ideals, where
               | the system treats everybody the same.
        
               | josefx wrote:
               | > Surely the same standards should be applied to all
               | users?
               | 
               | The standard under discussion seems to be free speech
               | absolutism with the question "how much more liberal could
               | twitter get". The ban of Trump just makes a good high
               | profile example of Twitters current limitations on free
               | speech.
        
           | throwmeariver1 wrote:
           | The problem is not if there is free speech on the platform
           | but how it's perceived you will always have an extrem loud
           | minority (no matter what political orientation) that will
           | drown out the rest of the platform just by crying about
           | censorship. It will be interesting to see what will happen to
           | them when there is nothing to cry about anymore.
        
         | cinntaile wrote:
         | Advertisers don't tend to like free speech absolutism.
        
         | benreesman wrote:
         | That's all very nice sounding, but there's a kind of gritty
         | assembly language that this all compiles down to: "I want the
         | high-speed electronic dissemination of information shaped like
         | _this_."
         | 
         | It's an open question whether or not it's possible to avoid
         | shaping the firehouse in a modern liberal democracy, but you
         | could go your whole life and never meet a person truly
         | disinterested in bending it towards their particular tribalism.
         | 
         | The whole time I was at FB I had two groups of people, each
         | screaming in one ear, that we were not doing enough to suppress
         | the "other" people.
         | 
         | How do you put shit on a global electronic network without
         | "gaming the system"? Have no bias? You got that down we should
         | make you king.
        
         | tarsinge wrote:
         | > Free speech absolutism is possible and is beneficial
         | 
         | The jury is out for me, how can we say it's automatically
         | beneficial if it's not sacred and only a mean to an end for
         | society/people, that end depending on your views (GDP,
         | happiness, sustainability...)?
         | 
         | Also IMHO like any liberal absolutism, the forces will
         | inevitably make who has the more money own and game the system,
         | it's a proxy for Oligarchy. It can be good but only under
         | certain philosophical positions and economic theories that not
         | everyone agree on.
        
         | e12e wrote:
         | > TikTok successfully serves you new content - doesn't think
         | that just because you liked a cat you want cats and cats only.
         | 
         | I agree with most of your comment - but tiktok might be a
         | terrible example:
         | 
         | "One App - Two Worlds: This Is TikTok in Russia and Ukraine
         | (nrk.no)"
         | 
         | https://news.ycombinator.com/item?id=30917474
        
         | sabertoothed wrote:
         | "Free speech absolutism is possible and is beneficial [once
         | ...]"
         | 
         | I hope you know what free speech absolutism entails. I don't
         | think your statement is true at all.
         | 
         | Absolute (really, absolute and complete) free speech would
         | allow companies to lie about the efficacy of medication, lie
         | about the ingredients of products, permit lying under oath,
         | allow libel, insults, threats of violence etc. I am not sure I
         | want that. I prefer clear, written rules for that.
        
           | mrtksn wrote:
           | I think that's alright. They lie, get sued, pay fines. That's
           | why we have regulations for food and drugs.
           | 
           | I don't advocate that speech shouldn't have consequences. I
           | advocate that speech shouldn't be blocked. Twitter, or any
           | platform, shouldn't be doing the police work. They should be
           | indifferent to the speech like a telephone company is
           | indifferent on what people speak on the phone and those who
           | create problems should be dealt with appropriately through
           | relevant channels.
           | 
           | If J&J claims that their talc powder is good for you, their
           | false claim shouldn't be deleted by Twitter. Instead, the
           | appropriate authority should take care of it and victims
           | should collect damages. Their tweet should stay there as a
           | relic.
        
             | jmull wrote:
             | > I don't advocate that speech shouldn't have consequences.
             | 
             | By that definition the entire world is an absolute free
             | speech paradise already.
             | 
             | You can say anything you want. Sure you might be canceled,
             | jailed, fined, killed, tortured, or anything else --
             | depending on what you say, who you say it to and where you
             | say it. But you're absolutely free to say it!
        
             | notahacker wrote:
             | Compelling companies to host stuff in its original context
             | in perpetuity even if they want to remove it because it
             | continues to harm people and whilst trying to resolve
             | social media cesspits with more aggressive real world
             | policing and punishments sounds like the worst of both
             | worlds...
        
               | mrtksn wrote:
               | I don't know anything about compelling companies but
               | speech by itself cannot harm anybody.
               | 
               | Stuff that Hitler said are benign within the context of
               | knowing what happened in WW2, his words are merely a
               | historic relic and no one start putting Jews in camps
               | just by reading his words. His words are not a spell that
               | makes people do things when you read them. Back then his
               | words caused harm because they were said within the
               | context of 1930s-1940s Europe.
               | 
               | The context doesn't disappear when you block speech. Let
               | the speech exists and enable fair pushback for the
               | opponents of the said speech is the way to handle it,
               | IMHO.
               | 
               | For example, instead of pretending that racists don't
               | exists by deleting their arguments and accounts, let them
               | say the things they have to say and enable the opponents
               | of it have the same reach.
        
               | [deleted]
        
               | notahacker wrote:
               | > speech by itself cannot harm anybody
               | 
               | The "by itself" is doing a _lot_ of work in that
               | sentence. Sure, if you post someone 's home address with
               | an allegation that they're a paedophile, the
               | _instruction_ to attack them doesn 't harm them, it's
               | people following the instruction. And the bombardment of
               | words sent to harassment victims isn't the _sole_ factor
               | in the emotional state of harassment victims, and it 's
               | the virus that kills not the antivax sentiment etc etc.
               | 
               | But they harm people rather more directly than Twitter
               | having the freedom to delete those words if its
               | management feels that would be the responsible thing to
               | do does...
        
               | mrtksn wrote:
               | These things happen only in consequence free
               | environments(deleting a comment or blocking an account is
               | not a the kind of consequence I'm talking about).
               | 
               | That's why I advocate for platforms with structured
               | identity secrecy. Here are some more details:
               | https://news.ycombinator.com/item?id=31025271
        
             | mellavora wrote:
             | > They should be indifferent to the speech like a telephone
             | company is indifferent on what people speak on the phone
             | 
             | So what is your view on content ranking algorithms? Should
             | those be illegal, to ensure that the platform is indeed
             | completely indifferent?
             | 
             | and if you disallow content ranking algos on twitter, then
             | how do you search? Who or what gets to determine what is
             | similar and/or relevant?
        
             | seventytwo wrote:
             | if you can sue them, and their right to speech is absolute,
             | then you won't win.
             | 
             | See the problem here?
        
             | bmitc wrote:
             | > I don't advocate that speech shouldn't have consequences.
             | 
             | We already have free speech and consequences. Twitter and
             | Musk have nothing to do with free speech issues.
             | 
             | You want absolute freedom of speech but then you want to
             | limit a company and platform in what it says, which it does
             | by allowing or disallowing certain content? And you would
             | prefer a single person, who has a history of devious
             | activity, having totalitarian control over said company and
             | platform? It doesn't make sense.
        
               | mrtksn wrote:
               | > We already have free speech and consequences
               | 
               | No we don't have it on the Internet. On the
               | internet(including YC), the norm is that your speech is
               | removed and/or you are blocked from further speech (as a
               | consequence) if you say the wrong thing where "wrong" is
               | defined by the platform operators.
               | 
               | Musk may choose to make Twitter an absolute free speech
               | platform but he might choose to make it something else. I
               | hope for the former. He might end up to turn it into
               | something horrible or just leave it as is but I don't
               | know why would you spend $50B to do just that.
        
             | colinmhayes wrote:
             | > They lie, get sued, pay fines.
             | 
             | That sure stopped Purdue from telling everyone Oxycontin
             | isn't addictive.
        
             | edc117 wrote:
             | Suing and paying fines as a means of preventing abuse of
             | free speech isn't working. Very rich individuals can pay
             | fines without blinking, but the really pernicious one is
             | the lawsuits - a large legal team can make it hell for any
             | smaller actor, can delay and run the case down, can settle
             | privately and completely bury the issue, etc.
             | 
             | I'd rather see us fix our enforcement mechanisms to work
             | better before trying to take off the filters on dangerous
             | and violent free speech.
        
         | jakelazaroff wrote:
         | Free speech absolutism means spam, child porn, revenge porn,
         | death threats, sexual harassment and defamation are all
         | allowed. You're cool with all that?
        
           | ransom1538 wrote:
           | END FREE SPEECH. We can't possibly live in this world. Things
           | must be controlled! THINK of all the bad things we could
           | hear!
        
             | jakelazaroff wrote:
             | So again, you're down with people disseminating child porn
             | and sexually harassing their coworkers? Unmoderated Viagra
             | ads and phishing scams on social networks? Because those
             | are direct consequences of free speech absolutism.
        
               | ransom1538 wrote:
               | Exactly we need an END TO FREE SPEECH. I propose a list!
               | We make a list of things that are "OK" and ALLOWED --
               | LIKE KINGS of 14th century.
        
         | mytailorisrich wrote:
         | Platforms like Twitter have become de facto utilities. They
         | should be prevented from censoring anything that is not
         | breaking the law, which means filtering tweets on a per country
         | basis to comply with national laws, nothing less, nothing more.
        
           | themitigating wrote:
           | So I want to spam the n word on twitter as replies to popular
           | users that should be ok even if it causes users to leave and
           | damage the business?
        
             | mytailorisrich wrote:
             | It's legal to use the n word in the US as far as I know,
             | but I think harassment probably isn't ('spamming' sounds
             | like harassment), that's where the balancing act is. Now,
             | it is not legal to throw the n word at someone in most
             | European countries. Hence why I said that these platforms
             | need to filter on a per country basis for all countries
             | they want to operate in.
             | 
             | As I said, Twitter and other major platforms have become de
             | facto utilities and it's no longer a valid argument to
             | claim that as private businesses they are free to do as
             | they please because they yield too much power.
        
               | themitigating wrote:
               | Define a utility
        
               | ss108 wrote:
               | It's not a "utility". It's a social media site that is
               | arguably a net negative for society irrespective of what
               | kinds of moderation policies it has.
        
             | zaphirplane wrote:
             | Not you specifically.
             | 
             | The free speech advocates really confuse free speech (in
             | the global sense not just the American amendment) with
             | saying anything
             | 
             | Free speech isn't freedom to plan a drug deal or anything
             | or illegal
             | 
             | There are definitely unenforced laws regarding harassment
             | but they fall into the illegal category
             | 
             | Where it's interesting is silencing say a pro Russia person
             | or an anti vax person
        
               | UncleMeat wrote:
               | This is circular. "All speech is legal because illegal
               | speech isn't speech".
        
             | Gigachad wrote:
             | You can do that on email, irl, with real letters, etc. It
             | hasn't been a problem. If someone is particularly harassing
             | you then it becomes a legal issue.
             | 
             | What Twitter could do is just stop promoting and spreading
             | content people don't like. Rather than completely ban
             | problem users like trump, just stop showing them in
             | trending feeds and give people the option to block the
             | users so you don't see them.
        
               | danso wrote:
               | Neither email nor written letters are a public forum.
        
               | themitigating wrote:
               | "What Twitter could do is just stop promoting and
               | spreading content people don't like."
               | 
               | Isn't this censorship?
        
               | philjohn wrote:
               | Yes - a lot of people claim that shadow banning,
               | downranking etc. are censorship. I disagree, they
               | necessary to keep online places as civil as they are.
               | 
               | There's also content that is regarded by mental health
               | experts as harmful in large quantities - downranking that
               | is also important to not cause existential harm to
               | people.
        
           | [deleted]
        
           | throw0101a wrote:
           | > _Platforms like Twitter have become de facto utilities._
           | 
           | No, they have not.
           | 
           | I cannot live without water or electricity; perhaps also a
           | general Internet connection (in the modern world). I live my
           | life just fine without Twitter.
           | 
           | Twitter is an online service that some people find useful and
           | others ignore completely. There is nothing utility-like about
           | it.
        
             | mytailorisrich wrote:
             | Can political or civil society organisations exist without
             | access to social media platforms these days? No. These
             | platforms are utilities of the modern democratic and
             | pluralistic society.
        
               | grnmamba wrote:
               | You offer zero evidence for this claim.
        
               | mytailorisrich wrote:
               | Because this is well established fact. You can research
               | the topic for yourself if you wish. Just a quick
               | Googling: [1]
               | 
               | Social media have been key to political campaigning in
               | the last 10 years or so. This made headlines in relations
               | to the Brexit referendum in the UK and it had made
               | headlines after Obama's first presidential campaign which
               | was a pioneer.
               | 
               | If you're not on social media you're toast.
               | 
               | [1] https://knowledge.wharton.upenn.edu/article/how-
               | social-media...
        
             | basisword wrote:
             | Lots of politicians have chosen to make Twitter their main
             | method of communication. I am able to speak to my
             | representatives via Twitter quite easily while they ignore
             | my emails. They can choose (if they wish) to block me on
             | Twitter and limit my ability to communicate with them or
             | see important information they post there and not
             | elsewhere. Either it's a utility or our politicians need to
             | be held to stricter rules re communication with their
             | constituents.
        
               | krapp wrote:
               | If politicians _choose_ to use Twitter, but could just as
               | easily _choose_ communication on the web by other means
               | (like email, or another platform) then that makes Twitter
               | merely convenient, not a  "de facto utility".
        
               | mytailorisrich wrote:
               | Modern political campaigns are fought and won on social
               | media. Politicians do not choose to use them, they have
               | to use them to have a chance to get their message across.
        
               | themitigating wrote:
               | Trump utilized newspapers, TV news networks, rallies, and
               | word of mouth as well. He's banned from twitter right now
               | but still tops the poll of who would win the next
               | election
        
               | krapp wrote:
               | Trump didn't win because he personally had social media
               | accounts from which he spread his message - canvassing by
               | his followers (until they kept going Nazi and getting
               | banned) were what was effective. Trump's own social media
               | use has been a net negative for him, he mostly just rants
               | and shitposts. If he'd been banned from Twitter earlier,
               | he might have gotten more accomplished.
               | 
               | Also, coverage of Trump by the mainstream media was
               | likely far more effective than social media at getting
               | him elected. If nothing else, it provided the material
               | that got spread across social media.
               | 
               | Obama's victory was due in large part to social media as
               | well, but not due to Obama's personal accounts.
        
           | cableshaft wrote:
           | I have a Twitter account but I've barely used it ever, and do
           | okay for myself socially. I don't think it's a utility. I
           | have plenty of options, and use the ones that interest me
           | most.
        
           | whyoh wrote:
           | So the governments would pay Twitter for moderation and for
           | subsidizing the platform, if advertisers leave in response?
           | 
           | I think that the governments should treat social media
           | platforms similarly to other addictive/harmful substances,
           | such as junk food, sugary drinks or tobacco... with a focus
           | on prevention and education.
           | 
           | And using these platforms for official communication (from
           | elected officials and public services) should be either
           | prohibited or heavily discouraged.
        
           | john_the_writer wrote:
        
         | matthewmacleod wrote:
         | I'm not sure I really get the points you're making here. You've
         | said "I don't have an opinion over the consequences for
         | politics over this" but also "free speech absolutism is
         | possible and is beneficial". And "Filter bubbles? Doesn't have
         | to be a thing" but also "degrade [bad actors] reputation and
         | amplify the defence of the victims".
         | 
         | I don't (apparently controversially) think that a lack of "free
         | speech" is anywhere near top of the list of Twitter's problems.
         | It's way more pressing that the amazing content on it has
         | become completely drowned out by a cacophony of bad actors.
         | It's not just the bot armies, but the legions of individual
         | contributors posting and sharing obvious churnalism and outrage
         | bait that it's _impossible_ to escape from.
         | 
         | I had to stop using Twitter regularly maybe a year or so ago
         | for my own health. I could feel my blood pressure spiking every
         | time I opened the app, and it wasn't because of algorithms or
         | filter bubbles or censorship - if anything, the opposite. It
         | was just increasingly not possible to use it for the things I
         | had always loved about it--breaking news, shared conversations,
         | interesting updates etc. from people and organisations I was
         | interested in--without having to wade through buckets of
         | deliberately rage-inducing shit.
         | 
         | Twitter itself might bear some responsibility for that. The
         | obvious bot problem is out of control, and it was becoming
         | increasingly user hostile to anyone who wanted to _avoid_ their
         | attempts at "bubble popping". But maybe the bigger problem is
         | that it's fundamentally hard to get people to behave
         | respectfully in a a global public forum like that.
        
           | frabcus wrote:
           | The only way I've dealt with this is, every couple of years,
           | to unfollow _everyone_ and carefully pick who I follow again
           | in a niche community that is interesting to me at the time.
        
         | jfk13 wrote:
         | > all the problems it has ... can be solved.
         | 
         | I'm not sure I see much reason to share your optimism about
         | this.
        
         | hnlmorg wrote:
         | TikTok does have filter bubbles, they're just geographic rather
         | than profile specific. eg you wouldn't find any content on the
         | Ukraine invasion from a Russian IP.
        
           | imbnwa wrote:
           | TikTok also figures out your racial identification and
           | political orientation if you let either actively or passively
        
         | luciusdomitius wrote:
         | "Free speech absolutism is possible and is beneficial once you
         | ensure that someone is not gaming the system, i.e. someone
         | pretending to be more than one person."
         | 
         | This is probably the core motivation behind the $2/month blue
         | checkmark fee proposed by him. You don't need to moderate
         | social media if you can just send the cops credit card details
         | of the person spam-posting swastikas, agitating for violence or
         | breaking other established laws. I hope we all agree that laws
         | against libel, glorification of crime, threatening people are
         | not exactly censorship.
        
           | GeekyBear wrote:
           | > I hope we all agree that laws against libel, glorification
           | of crime, threatening people are not exactly censorship.
           | 
           | As far as I'm concerned, if you want to force a business to
           | censor speech, get a court order.
        
             | icoder wrote:
             | I which counter?
        
             | clucas wrote:
             | Wait, just for clarification... do you believe a company
             | should be allowed to censor speech on its own platform if
             | it _wants_ to do so? Or are you saying a business should
             | not be allowed to remove any posts unless a court has given
             | its approval?
        
             | UncleMeat wrote:
             | That sounds like the opposite of free speech absolutism.
             | This is the government silencing speech!
        
               | GeekyBear wrote:
               | >This is the government silencing speech!
               | 
               | Which they can do, once you get over a very high bar
               | indeed.
               | 
               | We have literally seen the Supreme Court protect speech
               | advocating for violence against the Government.
               | 
               | >Brandenburg v. Ohio, 395 U.S. 444 (1969), was a landmark
               | decision of the United States Supreme Court interpreting
               | the First Amendment to the U.S. Constitution. The Court
               | held that the government cannot punish inflammatory
               | speech unless that speech is "directed to inciting or
               | producing imminent lawless action and is likely to incite
               | or produce such action".
               | 
               | Specifically, the Court struck down Ohio's criminal
               | syndicalism statute, because that statute broadly
               | prohibited the mere advocacy of violence.
               | 
               | https://en.wikipedia.org/wiki/Brandenburg_v._Ohio
               | 
               | I much prefer the rule of law to the rule of Twitter mob.
        
               | UncleMeat wrote:
               | But what about free speech absolutism! "Yeah of course
               | the government can silence people" doesn't sound like
               | absolutism to me.
        
           | paganel wrote:
           | > he would be sued for enabling the NYC subway terrorist
           | 
           | The problem with that is that yesterday it was swastikas,
           | today is the letter Z, tomorrow who knows what else we might
           | have in store?
           | 
           | Also, putting in prison all the people who have displayed
           | their swastika-love thingie online [1] would have meant
           | Mariupol falling sooner to the Russians, a thing contrary to
           | the beliefs of many who propose laws like that.
           | 
           | [1]
           | https://twitter.com/tyengeni1954/status/1503955204059938817
        
           | criddell wrote:
           | I think about Twitter occasionally and I'm always amazed that
           | the company has thousands of employees.
           | 
           | If he charged $2 / month for an individual to get a blue
           | check and $100 / month for a company to get verified then
           | eliminated ads, could he get the staff count down to under
           | 100 people?
           | 
           | I remember when Facebook bought Instagram. Instagram had
           | something like 13 employees. Why does Twitter need two orders
           | of magnitude more?
        
             | memish wrote:
             | Elon will be able to remove 90% and turn twitter HQ into a
             | homeless shelter. SF and the world will be better off.
        
             | mrfusion wrote:
             | > I think about Twitter occasionally and I'm always amazed
             | that the company has thousands of employees.
             | 
             | Once a company gets big enough, 95% of an employees job is
             | navigating the bureaucracy. So the head count goes way up.
        
             | paulcole wrote:
             | Of the fewer than 100 employees:
             | 
             | * How many are engineers?
             | 
             | * How many work in customer service?
             | 
             | * How many are in compliance?
             | 
             | * How many are in marketing?
             | 
             | * How many are ICs and how many are managers?
             | 
             | * How many are in HR?
             | 
             | * How many are in finance?
        
               | criddell wrote:
               | Do you happen to know the breakdown of Instagram's 13
               | employees?
        
               | paulcole wrote:
               | No. But I know that Twitter today is a very different
               | company from Instagram in 2012.
        
               | criddell wrote:
               | Definitely is. I'm just wondering if they can move closer
               | to that model.
        
               | paulcole wrote:
               | They can not.
        
             | MrBlueIncognito wrote:
             | > I remember when Facebook bought Instagram. Instagram had
             | something like 13 employees. Why does Twitter need two
             | orders of magnitude more?
             | 
             | Companies tend to hire more employees as long as the
             | marginal benefit to doing so is greater than the marginal
             | cost. Even minor improvements to a product like Twitter can
             | boost revenue by millions. Reducing the headcount might not
             | maximise their income.
             | 
             | There will be exceptions though. Valve does lot more than
             | most video-game companies with far fewer employees.
        
               | fknorangesite wrote:
               | > Valve does lot more than most video-game companies with
               | far fewer employees.
               | 
               | Wait a minute when did Valve go back to being a video
               | game company?
        
             | saalweachter wrote:
             | So to replace Twitter's current revenue at those rates,
             | you'd need something like 170 million blue check marks or 3
             | million corporate accounts.
             | 
             | How many do you think is realistic? Reducing your revenue
             | by an order of magnitude to reduce your headcount by an
             | order of magnitude seems like a bad plan.
        
               | criddell wrote:
               | Why focus on revenue rather than profit?
        
               | saalweachter wrote:
               | Revenue puts a ceiling on profit. You can't sell at a
               | loss and make it up in volume, but you also can't make
               | more profits than revenue.
               | 
               | Right now there are 360,000 blue check marks on Twitter.
               | If I spot you the first million blue checkmarks and the
               | first 100,000 business profiles, that's only $144M of
               | revenue per year. Even if that is 90% profit, $130M /
               | year profit on a $50B investment is not particularly
               | brag-worthy.
        
               | zenithd wrote:
        
               | criddell wrote:
               | I assume Musk needs Twitter to be profitable, but as
               | somebody trying to sell cars, and satellites and big
               | solar projects and space launches around the world, the
               | platform can help him in other ways too.
        
               | ClumsyPilot wrote:
               | Electric cars are a bad plan if you are an oil company,
               | its a great plan for the rest of society
        
               | saalweachter wrote:
               | Electric cars are a great plan if you're an electric car
               | company, though.
        
           | banannaise wrote:
           | > glorification of crime
           | 
           | This runs into a problem because of the inherent inequality
           | of "crime".
           | 
           | The law, in its majestic equality, forbids rich and poor
           | alike to sleep under bridges.
        
             | BurningFrog wrote:
             | Any argument for legalizing something illegal can be seen
             | as "glorification of crime".
        
           | kevingadd wrote:
           | The assumption that cops in the US actually care about
           | someone posting swastikas is questionable. We already have
           | lots of people posting about crimes on twitter accounts under
           | their real names, and the cops very frequently don't do
           | anything about it. A sizable number of the swastika posters
           | are cops, too, as demonstrated by the periodic investigations
           | into police departments that reveal those sorts of things.
           | 
           | P.S. Requiring someone to have a credit card doesn't feel
           | like free speech absolutism to me. A pretty big number of
           | people don't have the ability to make credit card payments.
           | Do their voices not matter?
        
           | agentdrtran wrote:
           | > I hope we all agree that laws against libel, glorification
           | of crime, threatening people are not exactly censorship.
           | 
           | No, this isn't free speech absolutism, and adding a paywall
           | to any conversation on twitter would kill the site.
        
           | paulgb wrote:
           | It's not such a bad idea, and it was the initial intent of
           | blue checks: proving that an account wasn't impersonated. But
           | they couldn't roll out verification at scale, so they only
           | verified high-ish profile accounts. As a result, over time,
           | the blue check has come to be a sort of class signifier and
           | lost its original purpose (I sometimes see verified anon
           | accounts, what even was verified?)
           | 
           | Rolling it out at scale could improve the rampant
           | spam/astroturfing problem, even if it would be imperfect.
        
           | bartimus wrote:
           | Also makes it a lot harder to set up an army of bots.
        
             | luciusdomitius wrote:
             | Also, if there are people complaining of censorship you can
             | always give them a '4-chan mode' and watch them come back
             | asking how to switch it off after 5 min.
        
               | zppln wrote:
               | Meh, the "containment board" model used by 4chan and some
               | other "freedom of speech" oriented forums work
               | surprisingly well.
        
               | pooper wrote:
               | > Also, if there are people complaining of censorship you
               | can always give them a '4-chan mode' and watch them come
               | back asking how to switch it off after 5 min.
               | 
               | I'm not so sure what a four chan mode would look like.
               | Can you please elaborate? Inspite of the constant mockery
               | of the janitors, my understanding is they work
               | practically around the clock for zero pay trying to keep
               | the boards (not that I go to /b/ much) as clean as
               | possible. It definitely is not a free for all and my
               | understanding is most people gladly support heavy handed
               | IP bans for example if someone posts commercial
               | pornography on a "work safe" four channel board like
               | technolo/g/y.
               | 
               | Moreover, some of the boards are very slow to the point
               | that frequenters seem to get annoyed by a low quality
               | post pushing down better posts by saying things like
               | "thank you for your blog post" (I assume sarcasm, I don't
               | know for sure) or "a thread died for this".
               | 
               | Also there are (from what I've read) filters available to
               | filter out posts with certain keywords and people coming
               | up with ways to have their posts show up for people with
               | filters using different techniques.
               | 
               | I don't post anything on 4chan as I don't feel like a
               | part of the in-crowd though and would genuinely like to
               | know what a 4 Chan mode would look like.
        
               | mbreese wrote:
               | _> I don 't post anything on 4chan as I don't feel like a
               | part of the in-crowd though and would genuinely like to
               | know what a 4 Chan mode would look like._
               | 
               | I don't think there is a requirement for being part of
               | the in crowd to post on 4chan. Then again, I've never
               | posted there either.
               | 
               | I think the point is that 4chan mode would be the
               | "absolute free speech" mode. And if that is where we are
               | going, it will be quite a ride. I can't imagine Twitter
               | surviving it, but it will be interesting.
        
               | pooper wrote:
               | > I think the point is that 4chan mode would be the
               | "absolute free speech" mode. And if that is where we are
               | going, it will be quite a ride. I can't imagine Twitter
               | surviving it, but it will be interesting.
               | 
               | I think what I've learned from 4chan is that words like
               | (redacted) shit general in /g/ or calling OP a (redacted)
               | is ok on 4chan specifically. Except the name(redacted)
               | and trip(redacted), we are all pseudonymous there so when
               | someone says you are a (redacted), they don't mean to say
               | you are of a specific ethnicity or gender. It means you
               | are acting like an idiot or something they disapprove of?
               | 
               | I can imagine a 21+ social media network that has no
               | explicit moderation but you would still need protection
               | from spam, flooding, and other bad actors once you get to
               | a certain size.
        
               | luciusdomitius wrote:
               | I will be honest, my experience on 4c was 15+ years ago
               | and only on /random. I just used it (most probably
               | incorrectly) as an example of anarchy.
        
           | 113 wrote:
        
         | scythe wrote:
         | >Free speech absolutism is possible and is beneficial
         | 
         | I'm not sure why everyone is talking about this as though it's
         | on the horizon? The article doesn't mention "free speech" as a
         | goal, it mentions:
         | 
         | - selling account privileges
         | 
         | - making HQ a homeless shelter
         | 
         | - edit button
         | 
         | In other words, monetization and PR.
         | 
         | The major free speech issue on Twitter is not whether certain
         | people are allowed to be on Twitter. It's whether Twitter
         | enables its users in carrying out harassment campaigns against
         | people whose speech they don't like. These campaigns often
         | feature unethical and fraudulent behavior, e.g. fake anonymous
         | Yelp reviews complaining about an employee,
         | encouraging/performing vandalism of the business, phone calls
         | in the middle of the night, borderline slanderous exaggerations
         | sent through anonymous channels, etc. It's quite misleading to
         | characterize these internet mobs as "people exercising their
         | right to criticism", and they tend to rely on the ability of
         | people to anonymously take action against someone who is not
         | anonymous. Fixing it would require more controls on Twitter,
         | not fewer.
        
           | deanCommie wrote:
           | > I'm not sure why everyone is talking about this as though
           | it's on the horizon? The article doesn't mention "free
           | speech"
           | 
           | Because if Musk said "I have no problem with Trump or Nazis
           | on the platform and would unban them", he wouldn't have
           | nearly the same support as he does now.
           | 
           | Instead people's reaction is "yay, edit button! Go Musk
           | Daddy!"
        
             | scythe wrote:
             | >Because if Musk said "I have no problem with Trump or
             | Nazis on the platform and would unban them", he wouldn't
             | have nearly the same support as he does now.
             | 
             | This remains true after he acquires it. The claim that one
             | of the most image-obsessed investors in the world is going
             | to make changes that are obviously unpopular seems dubious
             | and frankly paranoid.
        
         | ckastner wrote:
         | > _He is absolutely right over its enormous potential_
         | 
         | What unrealized potential does Twitter have left after 16 years
         | of existence?
         | 
         | Twitter is incredibly popular, but as Docker already showed,
         | being incredibly popular doesn't have to translate to financial
         | success.
        
           | roenxi wrote:
           | > What unrealized potential does Twitter have left after 16
           | years of existence?
           | 
           | How much potential communication was left in the human race
           | have after the first 7,000 years since written script started
           | appearing? The answer is, most potential was still
           | unexplored.
           | 
           | Everything in modern civilisation is still young. Especially
           | new communication platforms.
        
             | ckastner wrote:
             | That's a hand-wavy platitude about the general human
             | condition that has nothing to do with Twitter specifically.
             | 
             | Yes, global communication marches on, but that says nothing
             | about specific platforms. Just look at MySpace.
        
               | roenxi wrote:
               | The potential value of a communications platform is
               | always handwavy up to the point the revenue is realised.
               | It is well-nigh impossible to forecast what the social
               | media landscape will look like in the medium-long term;
               | especially if someone cares about profit. Twitter has
               | only been experimenting with making money since 2018.
        
               | SantalBlush wrote:
               | So in other words, you don't know either. And that is
               | fine.
        
               | ckastner wrote:
               | Twitter had ample time before 2018 to experiment with
               | making money, though. I'm not saying that Twitter should
               | have known how to do that in 2006, but they probably
               | should have by the time they IPO'ed 8 years later, in
               | 2013.
               | 
               | And Glancing over their S-1, they're making money now
               | with the same means that they were planning to in 2013.
        
           | mrtksn wrote:
           | It's popular but it's mostly garbage where people scream at
           | each other, among the bots and scammers. You can improve the
           | interaction modes, improve discoverability etc. thus
           | improving its value per user instead of inflating total
           | number of users.
        
             | nemothekid wrote:
             | Make Twitter more popular by turning it into the same
             | algorithmic garbage as every other platform.
        
           | wyre wrote:
           | And potential doesn't have to translate to financial success.
        
             | ckastner wrote:
             | It has to, if you want to keep employing the engineers who
             | build and run the system.
        
               | yibg wrote:
               | Twitter can employ the engineers to build and run the
               | system just fine today.
        
               | Hamuko wrote:
               | Musk can just bankroll Twitter as his pet project. Think
               | Bezos and the Washington Post.
        
           | cyberlurker wrote:
           | Huge segments of the world don't see value in Twitter (and
           | they might have a point) and don't use it. It's the "public
           | square" of a subset of people.
           | 
           | I'm interested and a bit nervous in what changes Musk will
           | usher in. But I definitely see the opportunity for him to
           | make a lot of money.
        
             | MisterBastahrd wrote:
             | And they're never GOING to use it, because Twitter isn't
             | for them.
             | 
             | The Tiktok crowd is not the Twitter crowd. The Twitter
             | crowd is not the Facebook crowd. The only platform that
             | truly has cross-group viability is instagram, and that's
             | only because it's a visual platform.
             | 
             | Twitter is a place where you make short, concise statements
             | and people yell at you. Remove the character limit and it's
             | just a feature-barren Facebook but with a bunch of people
             | you don't even personally know. Everybody has been crying
             | that it can "be more." It doesn't want to "be more." "Being
             | more" is antithetical to the spirit of the enterprise and
             | will kill it.
        
           | skybrian wrote:
           | Financially, I think it's pretty simple: charge more. There
           | are core users who are addicted. It seems like something Musk
           | would do?
        
           | Zigurd wrote:
           | > What unrealized potential does Twitter have left after 16
           | years of existence?
           | 
           | If there is unrealized potential, the "free speech" sites,
           | like Gettr, etc. have not found much of it.
        
           | xnx wrote:
           | Twitter totally missed the opportunity to turn Vine into
           | Tiktok.
        
         | danShumway wrote:
         | > Free speech absolutism is possible and is beneficial once you
         | ensure that someone is not gaming the system, i.e. someone
         | pretending to be more than one person.
         | 
         | Regardless of whether or not it would be a good idea for
         | Twitter to remove moderation, personally my feeling is that if
         | someone says they're a free speech absolutist and they oppose
         | burner accounts and anonymity, then they're not actually a free
         | speech absolutist.
         | 
         | It's become more common in certain circles to say that free
         | speech is fine as long as people have a persistent ID and
         | reputation, and I do like reputation systems to a certain
         | degree -- but I want to point out that "a persistent ID and a
         | reputation system" is just "social consequences" with extra
         | steps.
         | 
         | I sometimes suspect that the people who propose those systems
         | are (unintentionally) arguing for a world with even more self-
         | policing about what people say online, and I have over time
         | come to suspect that a world with lots of communities that have
         | strict moderation policies and that are occasionally closed off
         | entirely, but that generally allow more anonymous accounts --
         | is probably a world with more free speech (and hopefully less
         | free speech of a harmful kind) than a world where everybody
         | gets one voice and it's tracked everywhere. Again that's a
         | separate conversation, but the point is that if your definition
         | of free speech absolutism is that anyone can say anything they
         | want wherever they are without social or political
         | consequences, then (regardless whether or not that's a good
         | idea) persistent identifiers are a step backwards from that
         | goal.
        
         | jaidhyani wrote:
         | Tell me you've never worked on a team trying to address these
         | issues without telling me you've never worked on a team trying
         | to address these issues.
        
         | hintymad wrote:
         | I just despise Twitter for its double standard. It allows the
         | tweet of Khamenei to call for "eradication" of Israel and its
         | people, yet it blocks so many people in the name of "inciting
         | violence". It blocked people who called for wearing masks or
         | SIP in early 2020, but later blocked people who cited Nature
         | paper. If Twitter were in the middle ages, they would for sure
         | ban Galileo, and if they were in 19th century, they would for
         | sure ban Darwin -- because one can't be anti-science and
         | science can't be wrong, right?
         | 
         | Twitter is a disgrace to the modern society. Their hypocrisy
         | goes to no end.
        
         | JaimeThompson wrote:
         | >Free speech absolutism
         | 
         | Musk's actions show he doesn't support that.
        
         | yibg wrote:
         | How do you define free speech absolutism? Is it literally
         | anything goes? Anything legal? Is porn ok?
        
           | gaws wrote:
           | > How do you define free speech absolutism?
           | 
           | The ability for people to call a black Twitter user the
           | N-word, a female user to "fuck off and get raped," a
           | liberal/conservative user to eat a bullet, as well as
           | spreading known falsehoods and toxic content (either as
           | gospel or for the lulz) -- all without getting banned for
           | having "alternative views."
        
         | Zigurd wrote:
         | What the right calls "free speech" has been tried by several
         | investor-backed social media startups. In every case it has
         | turned into a sewer of racism, misogyny, death threats, and
         | non-monetizable yuckkyiness.
         | 
         | Nobody has an answer to that problem, yet. If there is no
         | answer, turning Twitter into a desolation for trolls will not
         | help Twitter.
         | 
         | These trolls want to go back to Twitter to torment everyone who
         | rejected them. Good luck creating shareholder value that way.
        
           | basisword wrote:
           | I guess the solution would be tying your identify to your
           | account. If you do something illegal then you can be held
           | accountable. The problem is, how many of twitters users would
           | vanish if they suddenly needed to be identifiable?
        
             | themitigating wrote:
             | Failure of a business can still occur with legal speech,
             | like racism. How would tying your identity to an account
             | help in that situation?
        
               | basisword wrote:
               | Depends on your jurisdiction. Racist is certainly not
               | legal in the UK and people have been prosecuted for
               | tweeting racist messages.
        
             | QuadmasterXLII wrote:
             | I assume you don't mean 'you can have free speech
             | absolutism by making it easier to have real life
             | consequences for saying the wrong thing'
        
         | matthewdgreen wrote:
         | The consequences for politics are literally the only thing that
         | matters here. Even if Musk doesn't intend to reinstate Trump's
         | account (and certainly, nothing he's said indicates he wouldn't
         | do that), the second he controls Twitter he will be under
         | _enormous pressure to do so._ If he declines to do so, it will
         | be damaging to his business with government. If he agrees to do
         | so, there will be a huge amount of public discontent with Musk
         | and his companies.
         | 
         | Worse, from that point on everything that happens as a result
         | will be on Musk and his companies. There won't be any more
         | repercussions for powerful politically-motivated speakers, even
         | if they explicitly call for violence. This will motivate
         | extreme behavior and extreme responses. Boycotts for Tesla and
         | Starlink (whose customers almost certainly tip liberal) will
         | absolutely be on the table.
         | 
         | Even if you personally love Musk, the success of his consumer-
         | facing businesses depends on broad adoption by consumers.
         | That's all at risk now. CEOs of this kind of business may have
         | politics, but they traditionally avoid political firestorms
         | because of these concerns. Musk is obviously rich enough that
         | he doesn't care, but his shareholders probably should.
        
           | sarsway wrote:
           | I hope he shuts it down.
           | 
           | Literally the only people that care about any of that, are
           | the ones deep lost in the Twitter funnel. Here's the truth:
           | Whatever happens on Twitter, it's going to have zero effect
           | on your personal life. All these 140 character blurps about
           | politics, the virtue signaling, the constant anger, outrage
           | and cancel culture, it has melted people brains. It's all
           | just an echo chamber, tightly kept in within bounds, and
           | people will sell their soul, define their inner being, say
           | whatever it takes, for bogus dopamine hits. Nobody has morals
           | or ideology on Twitter, they are all just optimizing for
           | likes.
        
             | Hamuko wrote:
             | What an incredibly narrow and US-centric view of Twitter.
        
               | tazjin wrote:
               | It's only "US-centric" if you _include_ its vassal states
               | in the definition, more correct to say  "West-centric
               | view" probably.
               | 
               | That's of course assuming these things aren't happening
               | on Twitter in other spheres (which would be an
               | interesting data point - it would indicate that it may
               | not be something intrinsic to the format, but with
               | current issues in Western culture).
               | 
               | How large is Twitters non-Western user base anyways, in
               | percentages?
        
               | Hamuko wrote:
               | > _How large is Twitters non-Western user base anyways,
               | in percentages?_
               | 
               | Japan and India alone account for 14.0% and 5.6% of
               | Twitter's users, which together are higher than the
               | amount of users in the US at 18.4%.
        
           | ss108 wrote:
           | > If he declines to do so, it will be damaging to his
           | business with government.
           | 
           | How would failing to reinstate Trump's account be damaging to
           | his business with the government? Wouldn't it matter whether
           | the Federal government is under a Democrat or Republican
           | executive?
        
             | matthewdgreen wrote:
             | Republicans control a minority of Congress right now but
             | will likely control a majority by 2022. Maybe both branches
             | and the Presidency in 2024. Ordinarily we like to pretend
             | that political action doesn't affect your business, but
             | Trump made it pretty clear that he's willing to retaliate
             | against political enemies using the power of the state [1].
             | This feeling may not be broadly shared, but currently Trump
             | is the most influential person in the GOP and a leading
             | candidate for 2024.
             | 
             | [1] https://slate.com/business/2018/03/donald-trump-wants-
             | to-get...
        
               | ss108 wrote:
               | Yeah, I agree with you generally (I don't think Congress
               | is that important in this context; it's more the
               | Executive Branch), I just don't see how that supports the
               | above poster, unless one assumes that a Republican is
               | going to win in 2024.
               | 
               | But at this point, who knows who will win?
               | 
               | edit: oh you are the above poster lol
        
               | matthewdgreen wrote:
               | If there are two parties and you think one party _might_
               | abuse the Presidency to help /harm your business, and the
               | other won't... which one are you going to spend time
               | ingratiating yourself with?
        
               | ss108 wrote:
               | Wouldn't the prudent course be to avoid making oneself a
               | political character at all?
        
               | matthewdgreen wrote:
               | Yes. It really would. Which is why I think he's going to
               | back off of this bid after bidding the price up and
               | flirting with it.
        
             | cloutchaser wrote:
             | Sounds to me like this guy is a deep state insider and
             | understands what the FBI and CIA would do if trump was
             | reinstated LOL
        
           | gruturo wrote:
           | I was recently looking at the payment options for a M3 RWD
           | and have actually paused everything last week when the first
           | Twitter news came out, because that's exactly where my mind
           | went too.
           | 
           | If this whole move ends up with trump reinstated, I just
           | cannot support any of his companies with my money, ever. And
           | I'll do what I can to dissuade colleagues if their values
           | align with mine.
        
             | Zhenya wrote:
             | I assume you don't buy German cars as well?
        
               | [deleted]
        
               | gruturo wrote:
               | I currently live in Germany, where German cars are very
               | common, but yeah, I was trying NOT to give money to a
               | German car manufacturer already before Ukraine got
               | invaded, because they have immense influence on the local
               | government and are to (co-)blame for the sad delay in
               | adopting EV and government incentives (and when
               | incentives come out, they try to structure them to
               | exclude Tesla as much as possible). Plus the diesel
               | scandals.
               | 
               | I guess I'll wait and see. But wanting an EV, not wanting
               | something as small as a Zoe, or too expensive, and hating
               | SUVs (I know, I know, too many conditions), it's hard to
               | find an alternative. I may have to settle for an ID.3 or
               | a Cupra if Tesla is no longer an option.
               | 
               | For the record, I currently do have a German car - bought
               | it used, 12ish years.
        
               | jupp0r wrote:
               | The Germans want to reinstate Trump's Twitter account,
               | too?
        
           | basisword wrote:
           | This is quite interesting. Regardless of which way you vote
           | when it comes election time, Trump would have a much better
           | chance if he had social media access again. If Musk takes
           | control of Twitter and gives Trump access again it could have
           | an enormous impact on the outcome of that election and the
           | future of America. It's interesting (and terrifying) that
           | someone could take Twitter private and exercise that level of
           | power. I can't imagine it would be long until the government
           | regulated it at that point but given the US strong
           | protections for free speech I'm not sure how much regulation
           | can occur.
        
             | bogantech wrote:
             | > It's interesting (and terrifying) that someone could take
             | Twitter private and exercise that level of power.
             | 
             | It's terrifying that a company has that power (and has
             | already used it) regardless of who owns it.
        
               | themitigating wrote:
               | Rather have a group of people control something than one
               | person
        
               | basisword wrote:
               | Agreed but the fact that one person could single handedly
               | choose to (potentially) impact an entire country's future
               | on a whim is mind blowing.
        
           | themitigating wrote:
           | You'd think the CEO of an electric car company, that was
           | started to help the environment, would cater to a difference
           | audience
        
             | ss108 wrote:
             | You think he really wants to help the environment?
        
       | tasubotadas wrote:
       | This is great news.
       | 
       | Twitter definitely has potential but at the moment it is a
       | cespool of triggered personalities where the voice of the sane
       | and interesting people is drowned in an endless screaming.
        
         | dorkwood wrote:
         | Is Elon one of the interesting people? Let's look at a couple
         | of his most recent tweets:
         | 
         | "Weather is fake. I seen Truman Show!"
         | 
         | "69.420% of statistics are false"
         | 
         | Personally, this content is exactly the type of thing I try to
         | filter out. Unfunny, uninteresting fluff.
        
           | mhh__ wrote:
           | He genuinely isn't funny. Even Trump had a certain
           | traumatized stand-up element to his rambling, whereas Elon
           | just sounds like a man surrounded by people telling him how
           | smart he is all the time.
        
       | phamtrungkt wrote:
       | Wow
        
       | marricks wrote:
       | There's an account called Elon Jet which uses publicly available
       | information to track Elon's private jet and post take off and
       | landings. Elon offered 5k to the owner to take it down[1]. He has
       | blocked loads of people for mocking or disagreeing with him.
       | 
       | Are those actions evil or wrong? Not really, but I also don't
       | think they're the actions of an ardent believer in free speech
       | which this thread is making him out to be.
       | 
       | Saying you believe in free speech and acting out a belief that
       | everyone should have an equal right to say their piece without
       | fear of being silenced are two different things.
       | 
       | 1 https://www.techtimes.com/articles/271211/20220130/elon-musk...
        
         | cseleborg wrote:
         | That's not what free speech is about. Free speech protects your
         | opinions from the state. Someone offering you money to take
         | down public information about them is just a transaction
         | between citizens. Nothing to see here.
        
           | bena wrote:
           | You're confusing free speech with the First Amendment.
        
             | cseleborg wrote:
             | To be fair, I'm a European citizen, so I'm not too familiar
             | with the first amendment. I believe the basic princies hold
             | true on both sides of the pond, though.
             | 
             | What would you say free speech means?
        
               | bena wrote:
               | Free speech is just the ability to speak your mind
               | without fear of reprisal or censorship.
               | 
               | It is not something we technically have here on HN or on
               | twitter or in other such places.
               | 
               | Most governments that claim to value the concept of free
               | speech usually have it said somewhere in their governing
               | documents that the government will honor this concept.
        
               | cseleborg wrote:
               | Right, but censorship can only happen at the state level.
               | The New York Times not letting Alex Jones write a column
               | is not censorship or reprisal, it's an editorial
               | decision. Same for Twitter or HN. The Douma deciding to
               | ban certain words like "war" or "invasion" in relation to
               | Ukraine, or the executive arresting bloggers on planes,
               | that's censorship.
               | 
               | However the law has to put boundaries on free speech,
               | because it can easily infringe on someone else's basic
               | rights, so there is no such thing as completely free
               | speech in practice. Even within the circle of your best
               | friends, there would be limits to what you can say,
               | wouldn't there?
               | 
               | I do believe we agree. I'm merely trying to be precise in
               | my use of words like censorship, lest they become
               | meaningless.
        
           | themitigating wrote:
           | And any moderation that twitter does is between a corporation
           | and a person, it doesn't involve the government so it's not
           | about free speech.
        
         | swayvil wrote:
         | Yes, you can block malicious actors and still be a proponent of
         | free speech.
        
           | lovich wrote:
           | Can't really call yourself a free speech absolutist at the
           | same time though unless you're comfortable with blatant lies.
           | Malicious/manipulative speech is still speech
        
           | themitigating wrote:
           | Can Twitter block malicious actors and still be a proponent
           | of free speech?
        
           | marricks wrote:
           | Does everyone consider Elon Jet a malicious actor? Who
           | determines what a malicious actor is? I guess soon it could
           | be Elon!
        
             | swayvil wrote:
             | That's an interesting question. I have been thinking about
             | how social media might be run in a way that allows for such
             | filtering, but without a centralized filtering authority.
             | 
             | Maybe you could rate actors. And you could also refer to
             | actors' ratings of other actors. Weighted by the rating of
             | the actor.
             | 
             | No doubt it's been done. But maybe something like that.
        
         | anonuser123456 wrote:
         | Publicizing the movements of people in real time is not a good
         | faith example of free speech. Banning such accounts is
         | reasonable under any framework of ownership, public or private.
         | There is no good faith need for anyone to know private
         | information like this.
         | 
         | Blocking people from interacting with you on twitter is an
         | exercise of free association, also a right embodied in the
         | first amendment of the US constitution.
         | 
         | Freedom of speech is not the right to an audience, nor is it a
         | right to stalk.
        
         | sillysaurusx wrote:
         | Offering money to take down a twitter account seems totally
         | reasonable. If you're saying that Elon would've terminated the
         | account if he owned Twitter, I don't think there's any evidence
         | to support that.
        
           | SomeCallMeTim wrote:
           | No, there's no evidence.
           | 
           | But it seems trivially obvious that, if Musk owned Twitter,
           | that account and ones like it that target Musk will
           | disappear.
           | 
           | As much as I like Tesla and respect SpaceX, I do note that
           | Musk rarely misses an opportunity to benefit himself.
           | 
           | The whole crypto market manipulation event is one obvious
           | example; what abstract ethical behavior was driving that
           | debacle? I say there was none and that it was a transparent
           | attempt to make money while trolling the crypto community.
           | 
           | Not that I actually fault him for doing that. It just points
           | out how broken the entire cryptoverse is. But my point is
           | that he is prone to doing things for his own benefit and/or
           | without regard for the consequences.
           | 
           | What I haven't seen is evidence that he would take some kind
           | of high moral position on free speech absolutism against his
           | own self interest. To me it's more a question of "prove that
           | he won't do it" than to prove he will.
           | 
           | If he ends up buying Twitter, we'll find out either way.
        
             | t3pfaff wrote:
             | That is entirely baseless. I'm fairly certain that whole
             | affair was just some social media assistant offering money
             | to someone for Musk to have slightly increased privacy and
             | PR(since private jet use is really bad for the
             | environment). They offered like $5k to take itf down which
             | to Musk is literally like giving a homeless person a couple
             | quarters. All flight traffic is public though. Banning a
             | Twitter account would do nothing as all that information is
             | already public record. You can track whoever you want on
             | sites like Flightradar. I really doubt Musk cares that much
             | at all, if he was ever actually even aware that the Twitter
             | account existed.
        
         | [deleted]
        
         | Crabber wrote:
         | Stalking is not free speech
        
           | marricks wrote:
           | "Stalking" is doing a lot of work there, it's publicly
           | available information. The account isn't literally tailing
           | his jet.
           | 
           | If you're a billionaire and buy a private jet you naturally
           | have less privacy than other people and that's the breaks. If
           | you go on SNL hold wild press conferences you will have even
           | less privacy. That's the cost.
           | 
           | You cannot be rich, ostentatious, and private. Gotta pick
           | just two.
        
             | Crabber wrote:
             | >it's publicly available information
             | 
             | Irrelevant distinction. Most doxxing is just collecting
             | publicly accessible information. Stalking and intimidation
             | is still stalking and intimidation whether you use public
             | information or not.
        
       | retrocryptid wrote:
       | buying twitter will not make people like you.
        
       | PokestarFan wrote:
       | Absolute idiocy going on with Elon, man is sorta like Kanye but
       | also the richest in the world and has no verifiable mental
       | illness yet
        
       | culitrum wrote:
       | Wow
        
       | trynewideas wrote:
       | That's cool. When I'm bored I usually just fire up a game in my
       | Steam backlog, but whatever.
        
         | seanw444 wrote:
         | Elon has Twitter in his Steam backlog.
        
       | alberth wrote:
       | Dumb question: what makes this a " _hostile_ takeover"?
       | 
       | Elon's bid was non-binding, and unless I'm unaware - he isn't
       | trying to actively change the board or management.
       | 
       | So what makes this "hostile"?
        
         | peeters wrote:
         | By definition a hostile takeover is one that is done without
         | the blessing/recommendation of the current board of directors.
         | 
         | Most private takeovers are negotiated by the board/management
         | (ostensibly on behalf of the shareholders). Going over their
         | head and straight to shareholders is when it's called a hostile
         | takeover.
         | 
         | As far as Elon not planning to replace the board/management. I
         | would say that it is a foregone conclusion that he will clean
         | house if his takeover succeeds. He has been actively critical
         | of their management.
        
           | ChrisPebble wrote:
           | Which this is not. He is making an offer to buy which the
           | board has to approve. The title is wrong in this case.
        
             | peeters wrote:
             | I'm not sure what is needed from the board here, but I
             | think there's a difference between a board recommending
             | something, and having a fiduciary duty to present an offer
             | to shareholders. Where are you reading that this needs the
             | board's blessing?
        
               | bombcar wrote:
               | If the board doesn't approve, he goes to the shareholders
               | and asks them to replace the board (or becomes such a
               | large shareholder he can do it himself).
        
               | ChrisPebble wrote:
               | Twitter's bylaws contain anti-takeover provisions which
               | would make a hostile takeover difficult. In their latest
               | 10K they list these provisions which includes
               | "authorizing 'blank check' preferred stock, which could
               | be issued by our board of directors without stockholder
               | approval and may contain voting, liquidation, dividend
               | and other rights superior to our common stock". So if
               | Musk attempted to get shareholders to vote out the board,
               | the board could issue preferred stock with voting rights
               | which could dilute Musk's votes.
               | 
               | Link: https://d18rn0p25nwr6d.cloudfront.net/CIK-000141809
               | 1/947c0c3...
        
               | bombcar wrote:
               | People complain about fiduciary duty lawsuits but
               | "authorizing 'blank check' preferred stock, which could
               | be issued by our board of directors without stockholder
               | approval and may contain voting, liquidation, dividend
               | and other rights superior to our common stock" and then
               | using it to go against a vast majority of shareholders
               | could result in a huge court fight.
        
       | edent wrote:
       | So he is pumping up the share price and, if he doesn't get his
       | way he will dump his shares.
       | 
       | I wonder if there's a name for this sort of behaviour?
        
         | bogantech wrote:
         | BDE
        
         | robjan wrote:
         | If the hostile takeover fails the price will tank before he
         | exits.
        
           | rdsubhas wrote:
           | > price will tank
           | 
           | making a subsequent buy/takeover even more easier?
        
       | markus_zhang wrote:
       | I wonder who is his ally (inside and financial). This could be
       | interesting.
        
       | shmde wrote:
       | I really hope twitter burns to the ground.
        
       | incomingpain wrote:
       | Who didn't know this was coming?
       | 
       | Imagine you're Musk. You have a bijjilion and 1 $. You use
       | twitter heavily and see huge issues, you even see the results of
       | your poll. You buy it for $50 billion and you fix those huge
       | issues because they are in fact trivial to solve. The valuation
       | of twitter would only go up, but Musk isn't even looking at it
       | from a value investing point of view. He's looking at it from a
       | societal point of view. He's looking at it from a 'worth more
       | than currency' value.
       | 
       | Peace cannot be kept by force; it can only be achieved by
       | understanding.
       | 
       | -Albert Einstein
       | 
       | This isn't about nation to nation. This is about so many
       | subjects. The peace between the republicans and democrats is only
       | being kept by force right now. Censoring your political opponents
       | eliminates the possibility of understanding.
        
       | officeplant wrote:
       | Prediction: I delete my twitter account and move on to a new
       | platform because none of this matters and that's the cycle of
       | online platforms.
        
         | no-dr-onboard wrote:
         | Followup Prediction: You join the ranks of many other people
         | who leave for alternative platforms only to return less than
         | 6mo later.
         | 
         | Not an insult, just speaking from experience.
        
           | officeplant wrote:
           | Oh I know, this is like twitter account number 5 since
           | twitters introduction. I tried Mastadon, Diaspora, and many
           | others over the years. The only platform I've managed to
           | leave for good (5 years and counting) is anything associated
           | with facebook because that's the easiest set of platforms
           | drop.
        
         | garbagetime wrote:
         | Is that the cycle? I've been using Twitter for 10+ years and I
         | doubt I'll stop anytime soon. Heck, I still use Reddit daily
         | despite it having been in steady decline for many years now.
         | 
         | Personally, I suppose that the internet has become
         | significantly more stable over the years.
        
       | wnevets wrote:
       | That is certainly one way to kill twitter
        
       | RustyConsul wrote:
       | > "if my offer is rejected i will reconsider my ownership in
       | twitter."
       | 
       | Thats an immense amount of selling pressure on the stock... This
       | is a threat. He's negotiating with a gun to their head.
        
         | thebradbain wrote:
         | I read it as a threat too... is it not against the SEC's rules
         | for market manipulation?
        
           | no-dr-onboard wrote:
           | Certainly someone out there agrees with you. Realistically, a
           | lawsuit would certainly quell the interest in this and drag
           | this issue into relative obscurity over the course of years.
           | Timeless tactic.
        
             | colechristensen wrote:
             | It is almost certain that whatever happens, there will be a
             | lawsuit. Suing twitter, the board, elon, maybe the SEC
             | (possibly multiple in different directions). It happens
             | with almost any large move where there is even a hint that
             | something happened incorrectly.
        
               | rrdharan wrote:
               | More like it happens with any large move period, no hints
               | needed, because the expected value payoff of a lawsuit in
               | that case typically makes it a worthwhile exercise.
        
           | Hamuko wrote:
           | Musk being known as a long-time fan of the SEC with a respect
           | for their rules.
        
             | [deleted]
        
           | coffeeblack wrote:
           | How so? He is even giving more information about his future
           | intention than he had to.
        
             | thebradbain wrote:
             | That's where the market manipulation comes into play.
             | Acknowledging/threatening a _possible_ pump and dump _if he
             | doesn 't get his way_ could clear the SEC's bar of
             | "Intentional or willful conduct designed to deceive or
             | defraud investors by controlling or artificially affecting
             | the price of securities, or ... designed to drive a stock's
             | price up or down"
             | 
             | Someone much smarter than I could likely argue that the
             | "threat" of Elon possibly pulling out his investment in a
             | company is affecting the stock price, and now suddenly Elon
             | is in control of the direction of the stock, even though
             | the underlying fundamentals have not been changed.
             | 
             | https://www.sec.gov/files/Market%20Manipulations%20and%20Ca
             | s...
        
               | dleslie wrote:
               | AFAICT, there's no deception or fraud in his behaviour;
               | nor is there anything artificial - he's put real money
               | down, and is offering real money. It's not like he's made
               | a one-off tweet about it.
        
               | thebradbain wrote:
               | Not to get pedantic, but if you read their definition of
               | market manipulation, there's another point that's
               | unrelated to the deception/fraud clause (though those are
               | loaded terms legally, and one again likely could argue
               | they are)
               | 
               | "Intentional interference with the free forces of supply
               | and demand"
               | 
               | He put money down (a lot of money down!), but that
               | doesn't give him the right to manipulate the stock price
               | purely based on the fact he has a stake on it or not; in
               | fact it gives him a duty not to do so, because he now has
               | a motive/vested interest in profiting off of it. There's
               | rules to follow and forms to file to protect against
               | that, and he's already has one lawsuit against him in
               | that vein:
               | https://www.nytimes.com/2022/04/14/business/twitter-
               | lawsuit-...
        
               | dleslie wrote:
               | It sounds to me that you're interpreting that in such a
               | broad way that you could argue that any stock purchases
               | he makes would be in violation of this.
        
               | thebradbain wrote:
               | If the market decides the stock should go up or down
               | after someone invests/divests (or files the applicable,
               | standard form), that's one thing.
               | 
               | If he's prematurely saying what direction he's going to
               | go one way or another, that's another thing. You don't
               | see Vanguard tweeting "we're going to invest in this
               | company if X happens and divest if not" to the general
               | public, especially if they're trying to influence X to
               | happen.
               | 
               | This essentially why he got in trouble with Tesla for
               | tweeting he wanted to take it private at $420/share,
               | immediately making the stock price jump up, even though
               | he did not have "funding secured" and did not take it
               | private. And he almost lost the ability to be a CEO or on
               | a board of a public company for 10 years because of that!
               | 
               | https://www.sec.gov/news/press-release/2018-226
        
               | causalmodels wrote:
               | > If he's prematurely saying what direction he's going to
               | go one way or another, that's another thing. You don't
               | see Vanguard tweeting "we're going to invest in this
               | company if X happens and divest if not" to the general
               | public, especially if they're trying to influence X to
               | happen.
               | 
               | Because Vanguard is a passive fund. Activist funds do
               | this all the time.
        
               | thebradbain wrote:
               | And Elon initially filed as a passive investor.
        
               | PeterisP wrote:
               | Him putting money down literally is a free market demand
               | for that security, and his ability to freely publicly
               | offer lots of money literally is the "free forces of
               | supply and demand" that's not supposed to be interfered
               | with.
               | 
               | This clause is explicitly not intended to do what you
               | imply, it does not restrict this particular action by
               | Musk at all.
        
           | dragonwriter wrote:
           | > is it not against the SEC's rules for market manipulation?
           | 
           | Maybe, but he's also being sued over a violation of market
           | manipulation rules with regard to non-disclosure of his
           | recent Twitter purchase, and that's not the first problem
           | he's had with those rules.
           | 
           | "Elon Musk" and "securities rules" don't really go together.
        
             | thebradbain wrote:
             | I know; But I can't help but feel the SEC is just waiting
             | to build up an open-and-shut case to really make an example
             | out of him, as they usually do to high profile people who
             | openly challenge them. Of course the richest man in the
             | world is going to put up a very strong fight in court, and
             | the SEC will not risk its authority by losing, so there
             | can't be much ambiguity in any evidence they present
        
         | coffeeblack wrote:
         | Not a threat. If Musk can't fix Tw, then the share value will
         | further decrease, so it's just rational for him to then sell.
         | And good for him to be honest about it from the start.
        
         | joshspankit wrote:
         | As another commenter pointed out: It's Elon Musk.
         | 
         | While selling all his shares would make the price dip short-
         | term, no one who knows his tactics will take that as a serious
         | commentary on the viability of Twitter itself.
        
         | jslaby wrote:
         | The price is currently $46 and considering the stock market is
         | down as a whole, the $54 price will easily be eclipsed in the
         | near future imo. Granted Musk will sell his stock and that
         | price will go down, but I would balk at this offer if I had any
         | skin in the game.
        
           | gpm wrote:
           | If you're basing this on the stock market as a whole being
           | down, surely you'd make more money by selling to Elon at $54
           | while it's still down, and re-investing your money in other
           | stocks - letting you get the upside twice, once from Elon and
           | once from the stock market going up.
        
         | snarf21 wrote:
         | I hope the short sellers who have a long standing hatred of
         | Musk short the hell out of Twitter and make a ton when this
         | offer is rejected.
        
           | furyofantares wrote:
           | I'd expect the more they short it, the more likely it is to
           | be accepted.
        
         | ncmncm wrote:
         | To me, the main message is that he wasn't really serious about
         | Mars at all, or even about SpaceX, or Tesla -- never mind
         | _global climate catastrophe_.
         | 
         | Were I a Twitter stockholder I might perceive a different
         | emphasis.
        
           | meatsauce wrote:
           | Yea, he only engineered and launched spacecraft into space.
           | Not serious about SpaceX at all...
        
             | ncmncm wrote:
             | Spacecraft are one thing, Mars another. By the evidence, he
             | is satisfied with where SpaceX and Tesla have got to. And,
             | renewable energy generation and storage development and
             | deployment.
             | 
             | Or maybe he wants to turn Twitter into a bully pulpit, and
             | drive government spending where he thinks it should go...
             | That's the 4D chess argument.
        
           | FeepingCreature wrote:
           | I think there's a credible argument that SpaceX is not
           | currently cash blocked. Same may apply for Tesla.
           | 
           | He may have just run out of good places to put it.
        
             | ncmncm wrote:
             | He could have put it into developing and deploying
             | renewable energy development and deployment. So, no, that
             | argument doesn't work.
             | 
             | It is possible he thinks he can use Twitter to drive
             | politics, and maybe government spending, in directions he
             | favors.
        
           | NaturalPhallacy wrote:
           | > _To me, the main message is that he wasn 't really serious
           | about Mars at all, or even about SpaceX, or Tesla -- never
           | mind global climate catastrophe._
           | 
           | What are you talking about? He literally offered up the Tesla
           | patents to anyone who wants to use them:
           | https://www.tesla.com/en_GB/blog/all-our-patent-are-
           | belong-y...
           | 
           | And:
           | 
           | >On June 12, 2014, Tesla announced that it will not initiate
           | patent lawsuits against anyone who, in good faith, wants to
           | use its technology. _Tesla was created to accelerate the
           | advent of sustainable transport, and this policy is intended
           | to encourage the advancement of a common, rapidly-evolving
           | platform for electric vehicles, thereby benefiting Tesla,
           | other companies making electric vehicles, and the world._
           | These guidelines provide further detail as to how we are
           | implementing this policy.
           | 
           | https://www.tesla.com/legal/additional-resources#patent-
           | pled...
        
           | golemotron wrote:
           | If your bar for "serious" doesn't allow for multi-tasking.
        
             | ncmncm wrote:
             | Money is fungible. Every single dollar that goes for
             | Twitter is exactly a dollar that does _not_ go for what he
             | used to say was important.
             | 
             | He might be heard to say those again, but dollars speak
             | louder than words. Musk can say anything, anytime. What he
             | does with his money demonstrates what he believes.
        
               | texasbigdata wrote:
               | If he owned 0% of both companies as CEO he could still
               | achieve both goals.
        
               | passivate wrote:
               | By that same logic the US should immediately stop giving
               | foreign aid to developing countries or investing in other
               | programs since we still have homeless people here. The
               | reasons why entities spend money on specific things is
               | not a univariate. Also, there is a whole meta discussion
               | to be had about what sparks creativity and innovation, I
               | have a pet theory about over abundance of resources
               | creating stagnation and dulling people's motivation and
               | creativity. Beyond a certain point, throwing money at a
               | problem can be counter productive.
               | 
               | At the end of the day, results matter and SpaceX has
               | shown results.
        
               | golemotron wrote:
               | Recipe for not thinking anything is important: split your
               | holdings into two investments.
        
               | ncmncm wrote:
               | Recipe for thinking two things are equally important. If
               | one of those is as intrinsically unimportant as Twitter,
               | the other is too.
        
               | boppo1 wrote:
               | Maybe he sees twitter as a threat to his other goals?
               | 'Whitey on Mars' could be very compelling to the twitter
               | crowd.
        
               | ChadNauseam wrote:
               | Like it or not, Twitter is extremely important. It sets
               | discourse and gets politicians into office. Remember how
               | much Trump's tweeting dominated the news cycle? Elon
               | buying Twitter isn't him saying he thinks it _should_ be
               | important, just that it is.
        
               | ncmncm wrote:
               | So, this is his entree into politics? A way to drive
               | money at federal-government scale the way he wants?
               | 
               | Possible.
        
         | hayd wrote:
         | It's a _hostile_ take over.
        
         | joshlemer wrote:
         | I think calling it a gun to their head is a bit over dramatic.
        
         | tomlin wrote:
         | Except, this happens all the time. I don't see this African
         | American man as a threat.
        
           | aspenmayer wrote:
           | Canadian you mean.
        
         | nonethewiser wrote:
         | Selling shares is putting a gun to their head?
        
         | anonu wrote:
         | On the other hand - the stock was flat over the time that he
         | bought... So not in total agreement with you on the stock
         | impact of his selling. It seems like the only impact is the
         | headline risk - and not so much actual selling pressure.
        
           | leereeves wrote:
           | If the stock was flat while Elon was buying almost 10% of the
           | company, it probably would have declined quite a bit if he
           | hadn't been buying, because the people who sold the shares
           | Elon bought would have been looking for other buyers.
        
             | anonu wrote:
             | Someone can do a basic quantitative analysis. He started
             | buying March 1 (?) I believe. This date is public in last
             | filing. You can estimate the historical beta, and get TWTR
             | return and market return in March.
             | 
             | My quick analysis was that in the absence of any other
             | news, his buying really had no serious impact.
        
               | dkokelley wrote:
               | I think he started March 14th based on trading volume.
               | Goes from ~15M/day to 35M/day for the next few days
               | before settling down. (Made another comment elsewhere on
               | this)
               | 
               | https://www.sec.gov/Archives/edgar/data/1418091/000110465
               | 922...
        
               | anonu wrote:
               | Ok so assuming march 14 to April 1. The market was up 8%
               | over that time and TWTR was up 19%. Beta is 1.3 so with a
               | beta adjustment the excess return from musk's buying is
               | about 19-(8*1.3)=8.6%.
               | 
               | Is this a lot or a little impact for buying close to 10
               | percent of a large cap stock? It's hard to say. I'd say
               | it's a bit lower than i would have expected. Nonetheless,
               | it provides somewhat of a floor if musk decides to sell
               | his stake.
               | 
               | Edit: https://www.sec.gov/Archives/edgar/data/0001418091/
               | 000110465...
               | 
               | Musk bought between Jan 31 and April 1. Market was up
               | 2.8% and Twitter was up 11.5%. So the impact was less.
               | 7.8% beta adjusted.... Really not much...
        
               | renewiltord wrote:
               | Want to write a contract for where it'll be at close of
               | market the first trading day after he announces he'll
               | pull out? We can have break-even at Twitter being 19%
               | down from now. You can appropriately hedge beta risk
               | elsewhere and I'll put in $100 to induce participation.
               | I'd prefer max $10k exposure for my side.
               | 
               | I can meet you in SF if you want signatures.
        
               | leereeves wrote:
               | In the months before Musk started buying, Twitter stocked
               | declined by about 40% while the S&P was up slightly. Is
               | it reasonable to assume that TWTR would have followed the
               | market from Jan 31 to April 1 without Musk?
        
               | anonu wrote:
               | Good observation. Market impact is notoriously hard to
               | measure - especially over a 2-month period like this one.
               | You have to build a more complex model - which includes
               | fundamentals.
        
         | m3kw9 wrote:
         | It will hit back at 40$ is as if the Elon pump never happened,
         | is that so bad? However, it does create pressure from
         | "activitists" to sell to Elon. The main thing is: Is Elon a
         | good leader for Twitter. There is a lot of positives because
         | Elon has already proven himself in multiple companies, plus he
         | understands Twitter as much as anyone from his use of it
        
           | whatshisface wrote:
           | > _Is Elon a good leader for Twitter._
           | 
           | Since there would no longer be any public investors in
           | Twitter after this, that does not actually matter as far as
           | the present investors are concerned.
        
           | babypuncher wrote:
           | His absolutist "free speech" attitude would absolutely be
           | horrible for Twitter. There would be literally nothing to
           | stop bots and state-sponsored messmakers from completely
           | gaming Twitter far beyond what they already do today. I think
           | a lot of people do not realize the can of worms they are
           | opening when they advocate for zero moderation on a platform
           | as large as Twitter.
        
             | throwawayacc2 wrote:
        
             | eggy wrote:
        
               | nomorecomp wrote:
        
               | coolso wrote:
               | It wasn't given scrutiny. It was silenced. And, turns out
               | it wasn't misinformation either.
               | 
               | Thank God with Musk's new Twitter we won't have to have
               | this sort of discussion anymore anyway, people won't be
               | able to just shout Russian disinformation at anything
               | that makes the left look bad and have Big Tech scramble
               | to do their bidding to help influence elections.
        
               | boppo1 wrote:
               | Perhaps you're an example of how its censorship spreads
               | misinformation. I'm not really passionate about the Biden
               | laptop, but my understanding is that the NYT did recently
               | admit* that it was real and they had some sort of policy
               | to report on it as if it weren't. If you believe the
               | laptop story was a fabrication by right-wingers, is it
               | possible you have been deceived?
               | 
               | Disclaimer: I have no confidence either way to the
               | veracity of the laptop. I don't know that much about it
               | and whether it were true or not wouldn't change my
               | political views much.
               | 
               | *I googled 'NYT biden laptop' and the most legitimate
               | looking of the results was a WSJ article. I don't have a
               | WSJ subscription to evaluate it, however.
        
               | xanaxagoras wrote:
               | It's crazy to me that people _still_ don't know that it's
               | been confirmed by a "reliable" news source. The veracity
               | of the NY Post story wasn't controversial, just the
               | effect it would have on getting Biden into the White
               | House. The corporate press ran cover for the Biden family
               | to get the outcome they wanted in the 2020 elections.
               | 
               | https://greenwald.substack.com/p/the-nyt-now-admits-the-
               | bide...
        
               | lp0_on_fire wrote:
               | The NYTimes and Washington Post have admitted that the
               | laptop is genuine. conveniently 18 months after that same
               | national election.
        
             | partiallypro wrote:
             | He's not a free speech absolutist (he even tried to get a
             | particular account shutdown for tracking his private jet,
             | albiet he was offering them money to stop), he more or less
             | just wants a more transparent form of moderation with only
             | moderation leaning in one direction. That's actually a
             | -good- thing. I've seen accounts banned for mild jokes,
             | while some accounts literally post death threats and skirt
             | by. The Taliban, Russia, etc all have Twitter accounts at
             | the very moment and you think this is some new thing of
             | "state sponsored" whatever. I am pretty sure many people
             | here with comments like this have rarely if ever used
             | Twitter for anything.
        
             | mkaic wrote:
             | I don't think he's campaigning for "zero moderation" --
             | he's spoken about plans to fight bots. I think he just
             | wants zero moderation for accounts run by actual humans,
             | which is still a can of worms, but a different can of
             | worms.
        
             | m3kw9 wrote:
             | You are assuming Elon will run Twitter to the ground based
             | on his 2 word view. He seem smart enough to know what a
             | middle ground is.
        
               | qsdf38100 wrote:
               | He isn't smart. Just like trump isn't smart. How could
               | such guys be so successful if they aren't smart?? Well,
               | they are just the right amount of stupid, careless and
               | bold to succeed in today's world of mindless masses.
        
         | schainks wrote:
         | They don't call it thirsty Thursday for nothin'!
        
         | jollybean wrote:
         | Elon Musk is not important to Twitter.
         | 
         | It's a toy gun pointed at their head.
         | 
         | He could maybe _maybe_ start a competitor, but I doubt it would
         | work.
         | 
         | 1) He doesn't have the energy for another serious project 2) It
         | would end up being something else, which frankly might be
         | welcome, but it won't replace twitter.
         | 
         | Journalists etc. around the world are not going to flock to a
         | 'free speech' platform with little moderation.
         | 
         | They 10x will not do it if Trump is on it, and gaining
         | traction, for example.
        
           | partiallypro wrote:
           | Journalists thrived when Trump was still on Twitter. It was
           | nightly news and they all RTed him constantly.
        
         | williamsmj wrote:
         | This is standard operating procedure for takeovers, but I think
         | you're massively overestimating the amount of pressure someone
         | selling 9% of the company places on the stock price. Someone
         | buying 9% (with an expecation that they would buy more) moved
         | the stock $10. The same person selling 9% stock (with no
         | possibility that can sell more) is unlikely to move the stock
         | more than that.
        
           | ketzo wrote:
           | Okay, but it's _Elon Musk_ selling 9% of a company 's stock.
           | 
           | The dude makes stocks move when he tweets memes. I think it's
           | fair to say he's got some... extra pull.
        
             | williamsmj wrote:
             | He demonstrated precisely how much pull he had when he
             | _bought_ 9%. It 's about $10.
        
               | dkokelley wrote:
               | The price moved from $33 to $40 as he bought the
               | shares[1]. THEN it moved from $40 to $50 when he
               | announced that he bought the shares on April 4th.
               | 
               | Hard to say what the stock would have done without the
               | purchase, but Musk has both the threat of dumping his
               | shares on the market AND the threat of him announcing
               | that he's dropping his shares. A case could be made that
               | he has at least $17 of influence on share price, but my
               | guess is that the market frenzy will drag it lower if
               | Musk backs out.
               | 
               | 1. Purchase began March 14th 2022 https://www.sec.gov/Arc
               | hives/edgar/data/1418091/000110465922...
               | 
               | Note: Please correct me if I misunderstand the meaning of
               | the filing. I read it as Musk began buying up shares
               | March 14th, and finished near the end of March, then
               | reported Friday/Monday April 1/4. I don't think he bought
               | and announced the same day. Musk owns ~73M shares, and
               | trading volume was ~15M on the 13th, then jumps to
               | ~35M/day over the next few days before settling down at
               | ~15M/day again. https://finance.yahoo.com/chart/TWTR#eyJp
               | bnRlcnZhbCI6ImRheSI...
        
               | zepolen wrote:
               | No, that is not how that works.
        
               | tmalsburg2 wrote:
               | How does it work?
        
               | zepolen wrote:
               | Whoever knew that stands to make a lot of money.
               | 
               | What we do know is that it's not a 1 to 1 mathematical if
               | one buys 9% it moves 10$ if one then sells 9% if falls
               | $10. This has historically proven over and over.
        
           | flavius29663 wrote:
        
           | osrec wrote:
           | I disagree. The fact that someone is willing to buy a stake
           | in a company suggests the company has some potential. The
           | fact that someone having bought a company is willing to dump
           | their entire ownership so quickly suggests the company may be
           | rotten from the inside. The latter would exert a much
           | stronger downward pressure on the stock, in my opinion.
        
             | williamsmj wrote:
             | That makes sense if you assume Musk has learned something
             | shocking about Twitter from the inside in the past couple
             | of weeks. How likely is that?
             | 
             | It seems _spectacularly_ unlikely to me that a demonstrably
             | impatient person with a pre-existing thesis about Twitter
             | would take the time to investigate and learn new things
             | about its product /financials/culture/governance.
             | 
             | It also seems unlikely that a person with a known strong
             | stomach for legal and ethical "flexibility" would be
             | especially bothered by anything they did learn, assuming
             | they took the trouble. But YMMV.
        
               | MadSudaca wrote:
               | As a hypothetical investor on Twitter, would you be
               | willing to take that chance?
        
               | supramouse wrote:
               | I do think something like twitter longterm could a big
               | play at something like authenticity verification in the
               | world of deep fakes, similar to what keybase was trying
               | to do but they already have traction with public figures
        
               | cambaceres wrote:
               | His point is that it will look like Elon didn't like what
               | he saw and changed his mind, it doesn't matter what he
               | truly saw.
        
               | moffkalast wrote:
               | "Musk, what do your Elon eyes see?"
               | 
               | "They're taking Twitter to Isengard!"
        
             | MuffinFlavored wrote:
             | > suggests the company may be rotten from the inside.
             | 
             | Even if there are 0 actual facts open to the public that
             | prove this, the optics suggest that this narrative can be
             | made. He moved the stock 30%+ in a few days by publically
             | buying in. If he sells it, why wouldn't it give up all of
             | the gains he brought (and maybe more)?
             | 
             | I don't know what he thinks he stands to gain by buying
             | Twitter. Can a rocket scientist/electric car guru really
             | get into tweets + advertising?
        
               | res0nat0r wrote:
               | Kara Swisher said this 4 days ago: https://twitter.com/ka
               | raswisher/status/1513370798815330307
               | 
               | Twitter likely decided to not allow him onboard just
               | because of his constant shitposting about the company,
               | his volatility, and really just wanting Twitter to be his
               | sounding board for whatever offensive things he has to
               | say, so they're trying to ensure he can't try and
               | takeover as we speak.
        
               | andrepd wrote:
               | Why do rich people buy newspapers and media
               | conglomerates? Why did Jeff Bezos "get into journalism"
               | via Washington Post? There is your answer.
        
               | MuffinFlavored wrote:
               | Washington Post can control what is posted through
               | journalists, etc. (digital or not)
               | 
               | Twitter is like... an aggregator of a bunch of people
               | tweeting. The people tweeting aren't being paid by
               | Twitter to tweet (like journalists are for Washington
               | Post, even if it's like $75 for an opinion
               | piece/basically blogspam)
               | 
               | I feel like that's a pretty big difference?
        
               | jkukul wrote:
               | Twitter can control what who can post and who cannot
               | (remember Donald J Trump being banned?).
               | 
               | Twitter can control what is being read by deciding what
               | is promoted by their algorithms and what gets buried
               | down.
               | 
               | These are just few examples. We can't pretend that
               | Twitter is a fully decentralised service and that there's
               | no one pulling the strings.
        
               | gpm wrote:
               | To strongman the case for him running twitter, he clearly
               | has significant experience and success with running large
               | engineering oriented companies - which is the primary job
               | of twitter executives. Both Tesla and SpaceX have
               | significant software organizations, and he also has
               | experience in running a pure software company back when
               | he was involved with paypall. As a heavy user of twitter,
               | and the de-facto PR person for Tesla and SpaceX he also
               | has a good understanding of the product, both from a
               | normal users perspective and a marketers perspective.
               | 
               | That said, I don't think this is primarily about buying
               | twitter being profitable, but that he is motivated by a
               | mix of politics, fun, and funny. I also don't think he's
               | likely to get that into the day to day of running
               | twitter, just because he's already busy with Tesla and
               | SpaceX.
        
               | MuffinFlavored wrote:
               | > running large engineering oriented companies
               | 
               | I don't disagree. It's just that... what are his plans
               | for Twitter? Add an edit button? Tweak the algorithm that
               | delivers timelines? None of that is really complicated.
               | Those could be 6 month roadmap projects.
               | 
               | > but that he is motivated by a mix of politics, fun, and
               | funny
               | 
               | 1/3rd of his net worth on a company seems odd.
        
               | icedchai wrote:
               | It seems like Twitter's barely done anything new since
               | going public over 8 years ago. Making a UI that was
               | actually usable for following conversations would be a
               | good place to start. What are all these product people
               | doing? (I'm a small TWTR shareholder. It's one of my
               | worst tech investments.)
        
               | psyc wrote:
               | First, it's more like 1/6 his net worth. But I don't
               | believe the proportion means anything at that level of
               | personal wealth. He'd still have the other $210B, plus
               | ownership of Twitter. Each of those other billions is
               | worth a billion dollars. Almost everybody could make do
               | with just one of them, and he'd have over 200 of them.
               | Even luxury goods don't scale up to that scale. All he
               | can really do with that is buy companies anyway. And
               | Twitter is what holds his interest right now.
        
           | sanedigital wrote:
           | Twitter is selling at $45, a $10 move is 22%. That's insane
           | pressure.
        
             | williamsmj wrote:
             | I think you should look at the historical volatility of
             | TWTR before calling a 22% move "insane pressure".
             | 
             | It's also worth noting that the stock price is almost
             | unchanged today as of this writing, which tells you that
             | the market thinks he's not serious, or his lowball offer is
             | going to be laughed out by the board, which significantly
             | reduces the amount of "insane pressure" he's exerting.
        
               | llbeansandrice wrote:
               | What does historical volatility have to do with it? If
               | Elon can basically manipulate his investment into a 22%
               | return why on earth wouldn't he do that? A single person
               | able to pressure a single commodity to the tune of 22% is
               | bonkers.
               | 
               | I'm not debating whether that will happen, just
               | contending your first statement.
        
               | infofarmer wrote:
               | It's not just _any_ single person.
        
               | aiisjustanif wrote:
               | Because the existing volatility sets the tone for the
               | underlying risk tolerance that shareholders already deal
               | with. It sucks, it's not insignificant, but I do agree
               | it's not immensely significant as you are making it seem.
               | It's just the exposure a public company on the market can
               | have have these days.
        
               | darawk wrote:
               | He can't manipulate it into a 22% profit, for exactly the
               | reason you articulated. His buying pushed the price up -
               | his selling will push the price down. He might might make
               | a small profit from the increase his buying news
               | generated if he were to sell now, but his VWAP would be
               | well below 22%.
        
               | williamsmj wrote:
               | I agree it's bonkers that this is possible. I agree, in
               | an environment where the SEC seems unable to stop him,
               | Elon Musk might well consider 22% return worth doing.
               | None of that is relevant to the point I'm making.
               | 
               | I'm contending the claim that the implicit (and
               | completely pro forma!) threat in his SEC filing places
               | "insane pressure" _on the Twitter board_. The the
               | possibility of a 20+% stock price change will not play a
               | large part in their calculations. It 's just not a big
               | deal in the context of such a volatile stock.
        
               | cambaceres wrote:
               | Don't you think he would lose a lot of reputation in
               | future deals like this? I wouldn't trust him.
        
               | edmundsauto wrote:
               | He hasn't needed any trust to go this far, his MO here is
               | more of a hostile takeover, and he doesn't need any
               | permission from Twitter to do it.
        
               | cambaceres wrote:
               | Good point.
        
         | FormerBandmate wrote:
         | That would mean that management effectively wins, the stock
         | would go down but they wouldn't have to worry about the threat
         | of Elon Musk looming over them and the crisis would be solved.
         | It doesn't make any sense from a takeover perspective, if I was
         | Parag that would make me feel more comfortable rejecting the
         | offer.
        
         | qsdf38100 wrote:
         | I can't see how his plan isn't about getting trump back on
         | twitter. He will do a lot of smoke screen speech, telling
         | contradictions and unclear bold statements. But in the end I
         | bet all of this will end in removing trump ban. If I'm right,
         | it'll confirm that musk is just a fascist greedy sociopath
         | disguised as a tech enthusiast.
        
           | behnamoh wrote:
           | And what does that make you? A hypocrite?
        
         | ryanSrich wrote:
         | Seems like an amazing move by Elon. Buy a sizable portion of
         | the business to hold hostage, and then make the company an
         | offer that they essentially can't refuse because of fiduciary
         | responsibility. If they reject Elon's offer the stock price
         | will sink like a rock. They pretty much have to take it.
        
           | outside1234 wrote:
           | No, if they reject it, they will just ask for something like
           | $80 a share and say that that is what they feel is the true
           | value.
        
             | Teandw wrote:
             | When it comes to a situation like this, you can't just say
             | you 'feel' that is the true value. They'd have to have
             | something to back that up.
        
             | meatsauce wrote:
             | That's funny because its worth half that right now.
        
           | pid-1 wrote:
           | This amazing move is considered a form of maket manipulation
           | in my country. Not sure about US stock markets.
        
             | leereeves wrote:
             | What law forbids offering to buy a company?
        
               | eatsyourtacos wrote:
               | 'Knowing' you will put an offer to buy a company is
               | insider information. The assumption here is he has been
               | acting on this information recently and it was part of
               | his plan.
               | 
               | Unless you think he just woke up today and said: You know
               | what, I'm going to buy Twitter! Which, I mean.. given
               | Elon maybe that's what happened. But if it was
               | premeditated then he has clearly been acting on insider
               | information.
        
               | ahtihn wrote:
               | > 'Knowing' you will put an offer to buy a company is
               | insider information
               | 
               | No it's not.
        
               | eatsyourtacos wrote:
               | Step 1: You plan to put an offer in on a company, which
               | you know will drive up the share price
               | 
               | Step 2: You buy shares in the company
               | 
               | Step 3: You publicly disclose you will buy the company,
               | driving it's share price up
               | 
               | Step 4: You sell those existing shares now that the price
               | has gone up.
               | 
               | That is trading on insider information.
        
               | renewiltord wrote:
               | If you have no intention to actually follow through and
               | it's a false promise, that's a pump-and-dump. It's
               | securities fraud, but it's not insider trading.
               | 
               | If you have an intention to actually buy and make a good
               | faith effort and fail, that's just business.
        
               | eatsyourtacos wrote:
               | Market manipulation is what I meant instead of insider
               | trading. My point was: illegal.
        
               | tacitusarc wrote:
               | Depends on intentions. The fact that he hired Morgan
               | Stanley to facilitate the privatization process indicates
               | genuine intent.
        
               | l33t2328 wrote:
               | Insider information isn't information that only exists in
               | your mind.
        
               | [deleted]
        
               | xiphias2 wrote:
               | I can assure you that the CEO and the board has much more
               | insider information than Elon.
        
               | eatsyourtacos wrote:
               | Duh, but they are not _acting_ on the insider
               | information.
               | 
               | Elon is. He bought shares, then put in an offer which
               | drives his existing shares up. Perhaps you can argue
               | until he sells them he isn't acting.. perhaps.. but if he
               | sells them today, are you still telling me he isn't
               | acting on insider information?
        
               | xiphias2 wrote:
               | From the SEC website: Who is an insider? An "insider" is
               | an officer, director, 10% stockholder and anyone who
               | possesses inside information because of his or her
               | relationship with the Company or with an officer,
               | director or principal stockholder of the Company.
               | 
               | A principal shareholder is a person that directly or
               | indirectly owns or controls more than 10% of any class of
               | voting shares or securities of a company. The principal
               | shareholder has the authority to vote using those voting
               | shares.
               | 
               | Elon has less than 10% share (9.2%), so he's not an
               | insider. Probably he stayed under 10% because of this
               | law.
        
               | causalmodels wrote:
               | I'm sorry, but in what world does having a plan
               | constitute insider information?
        
           | eatsyourtacos wrote:
           | >Seems like an amazing move by Elon
           | 
           | You and I have very different definitions of the word
           | "amazing"
        
             | colechristensen wrote:
             | > amaze (v.)
             | 
             | > "overwhelm or confound with sudden surprise or wonder,"
             | 1580s, back-formation from Middle English amased "stunned,
             | dazed, bewildered," (late 14c.), earlier "stupefied,
             | irrational, foolish" (c. 1200), from Old English amasod,
             | from a- (1), probably used here as an intensive prefix, +
             | *maes (see maze). Related: Amazed; amazing.
             | 
             | "amazing" never meant "this is of surprisingly high quality
             | and good"
        
               | fluster wrote:
               | Here's another dictionary
               | (https://www.lexico.com/en/definition/amazing):
               | 
               | 1. Causing great surprise or wonder; astonishing. 1.1
               | [informal] Startlingly impressive
               | 
               | Did pointedly ignoring common usage add anything here?
        
               | colechristensen wrote:
               | >Did pointedly ignoring common usage add anything here?
               | 
               | Yes, there are plenty of words going though the natural
               | process of dilution. Providing some backpressure is, I
               | think, useful to the language to preserve the richness of
               | meaning. I'm responding directly to a discussion about
               | the meaning of a word not interjecting into another
               | conversation with a "well, actually..."
               | 
               | When you're writing a dictionary, words mean what people
               | use them to mean. I'm not writing a dictionary.
        
               | cwkoss wrote:
               | Lol, you know an online debate is spicy when people start
               | pulling out dictionary definitions
        
               | TMWNN wrote:
               | To paraphrase Samuel Johnson, dictionary definitions are
               | the last resort of someone flailing for an argument.
        
               | flycaliguy wrote:
               | Just wait until you see what we've done to awesome.
        
               | UrsaMedius wrote:
               | It means that today.
        
               | robonerd wrote:
               | Justifying a prescriptive attitude with descriptivist
               | arguments is farcical.
        
               | colechristensen wrote:
               | You say, in response to somebody using it to mean
               | something else.
               | 
               | There is a strange circular logic to saying words mean
               | something new because they are commonly used in a new way
               | and at the same time telling somebody how they're using a
               | word is wrong because it doesn't match this new meaning.
        
               | ineedasername wrote:
               | It does, now. NLP sentiment classifiers assign it a
               | positive rating with a very high confidence.
               | 
               | However it may still be use in some limited contexts, or
               | historical contexts, its modern day usage is almost
               | always with a positive connotation.
        
               | colechristensen wrote:
               | If you read the Lord of the Rings, you'll see quite a few
               | usages of the word "amaze" not at all in the sense of
               | "dude, that's amazing". It is not like reading that is
               | some archaic text exclusive to english scholars.
               | 
               | I think it is good to be reminded of the higher quality
               | meaning of words that are falling into bland generic
               | meanings. Words do change and there's nothing wrong with
               | that, but some changes are better than others and the
               | degeneration of specific strong meanings to generic
               | common place ones isn't something that should be
               | celebrated.
        
               | ineedasername wrote:
               | Celebrated or don't celebrate. Language evolves, meanings
               | change, recognize it when it happens or you become the
               | pedantic boring person at a meeting or party trying to
               | explain, _" No, 'begging the question' does mean what you
               | think it does. It's a type of fallacy, not some segue
               | into asking an obvious question._
        
               | colechristensen wrote:
               | I'm responding to somebody questioning another's
               | definition of a word, not correcting someone for using a
               | term wrong.
        
             | michaelcampbell wrote:
             | Other than the ability to amaze?
        
           | wavefunction wrote:
           | Or the SEC could finally go after Elon for market
           | manipulation. There's always options.
        
             | [deleted]
        
             | tonetheman wrote:
             | THIS THIS THIS. It is absolutely illegal what he is doing.
        
               | musingsole wrote:
               | How? The laws absolutely allow for hostile takeovers. If
               | Twitter gets to determine what to censor because it's a
               | corporation, well, they get to get bought like one too.
        
               | systemvoltage wrote:
               | The mental gymnastics going on in this thread is crazy.
               | 
               | Let's separate two concerns:
               | 
               | 1) Belief system - whether you philosophically support
               | Elon's take over or not
               | 
               | 2) Objective facts, corporate finance and legal aspects
               | of what's going on
               | 
               | All I can see in this thread is 1) masquerading as 2).
        
               | TMWNN wrote:
               | >All I can see in this thread is 1) masquerading as 2).
               | 
               | Indeed. One would have hoped that Hacker News would be
               | immune from Reddit/Twitter-style "Anything I don't like
               | is illegal/unconstitutional", but apparently not.
               | 
               | "Someone buying up shares of a company before he
               | announces a hostile takeover is inside information and
               | thus illegal!" Good grief.
        
               | excitom wrote:
               | Wait, aren't you aware of the "It's not illegal if a
               | billionaire does it" rule?
        
               | Majestic121 wrote:
               | Billionaire or not, what is illegal in his move ?
        
               | metamet wrote:
               | That is a great question and I wonder the same thing.
               | 
               | "I am going to dump 1/10th of the company that I very
               | publicly acquired if they don't do what I want them to
               | do" _feels_ like manipulation since he 's controlling the
               | value of such a large amount of it.
               | 
               | But is it illegal to be willing to lose money if a threat
               | isn't met?
               | 
               | Furthermore, would it be illegal for him to dump his
               | shares, allow the trajectory to tank the price further,
               | then rebuy when it bottoms, rinse and repeat?
        
               | l33t2328 wrote:
               | It's not illegal to say "I want to buy more shares at
               | what I believe to be a generous price. If the board won't
               | sell me these shares, I don't trust the judgement of the
               | board and will subsequently sell my existing shares."
        
               | meatsauce wrote:
               | That's called a hostile takeover. Part of being a public
               | company.
               | 
               | No, you are allowed to sell your shares if you don't want
               | them anymore.
        
               | zwily wrote:
               | No it's not.
        
           | kadomony wrote:
           | Amazing? This is exactly the type of move I'd expect from
           | someone like Elon who lacks empathy.
           | 
           | He is a sociopath. The fact that a sociopath wants to be a
           | king of social media is disturbing.
        
             | tomlin wrote:
             | Wow. This community isn't what it used to be. Sociopath?
             | Don't you think you should validate that claim? This isn't
             | a reductive Hasan Piker stream.
        
             | meatsauce wrote:
             | Those poor sociopathic one-party state marxists at twitter
             | "trust & safety."
             | 
             | Once Elon has full control of Twitter, they can always
             | leave and go start their own platform.
        
             | pram wrote:
             | I'm amused you think sociopaths aren't already the kings of
             | social media.
        
           | hypersoar wrote:
           | It doesn't take a genius to arrive at this strategy. Just
           | tens of billions of dollars.
        
           | dkjaudyeqooe wrote:
           | That's not how it works, the board would look at the long
           | term value of the company, not the current price or what it
           | will be in the next few weeks if Elon sold.
           | 
           | For instance Twitter stock was $60 last october, if they
           | didn't ask for at least that it would be shortchanging
           | shareholders and also imply a declining company.
        
             | xwdv wrote:
             | We will never see those prices again. They occurred during
             | overvalued and speculative market conditions and we will
             | not return to that for several years, if ever.
        
             | mrleinad wrote:
             | Twitter stock price target for financial institutions is 30
             | dollars. They're shorting it, and giddy about the board
             | rejecting Elon's proposal.
        
           | Melatonic wrote:
           | Hopefully your correct and Twitter tanks and maybe we can
           | finally be rid of this crap
           | 
           | I don't hate Twitter like I hate Facebook (mainly for
           | ideological reasons and their propensity for exploitation)
           | but god damn is their interface and entire product model
           | annoying.
        
         | tiahura wrote:
         | That's what every corporate raider hostile takeover attempt
         | does. If the board won't do what the pursuer thinks is best,
         | why would they continue to hold the company?
        
       | outside1234 wrote:
        
         | marsven_422 wrote:
         | Another what? Outside the leftists echo chamber Jan 6 was a
         | nothing burger.
        
           | Swenrekcah wrote:
           | You mean that time when the sitting president of the US
           | encouraged his followers to storm the Capitol and stop
           | Congress from formally ratifying the democratically elected
           | next president?
           | 
           | When he encouraged them to behave violently and actually told
           | them he'd be right there with them?
           | 
           | That time when, what, 4 people got killed, directly related
           | to a call by the president to urge his supporters to stop the
           | peaceful transition of power?
           | 
           | Out here in the real world outside the Trump cult that's what
           | these events were.
        
             | Inu wrote:
             | Wikipedia mentions "5 deaths (1 from gunshot, 1 from drug
             | overdose, 3 from natural causes)".
        
               | TMWNN wrote:
               | First, the fact that deaths from a drug overdose and
               | natural causes are included in the casualty list is in
               | and of itself ridiculous. Should the casualty list for
               | WW2 include everyone who died of natural causes from 1939
               | to 1945?
               | 
               | Second, the one death from gunshot is of an unarmed
               | _rioter_ , shot by the Capitol Police. I have no problem
               | whatsoever with the death; if the Capitol Police had
               | actually used their weapons and training immediately, as
               | opposed to letting rioters run rampant inside the
               | Capitol, a tremendous amount of trouble would have been
               | avoided. But the death is not of a lawmaker or someone
               | else otherwise uninvolved.
               | 
               | Third, the death from gunshot is also _not_ a police
               | officer. In particular, it is not Officer Sicknick, who
               | was lauded by one and all for weeks as a martyr to the
               | TrumpNaziKKK forces ... only for the autopsy to find that
               | he died of a stroke that had nothing to do with the riot
               | (the autopsy specifically checked for blunt force trauma
               | (i.e.,  "hit by a fire extinguisher") and exposure to
               | tear gas). And yet the claims made after the riot, of
               | many cops being killed by the rioters, were never widely
               | disavowe and continue to be believed, as can be seen
               | elsewhere in this very discussion.
        
             | mardifoufs wrote:
             | No actually, from an outsider view the comment you replied
             | to is exactly right. For a lot of non-americans it's
             | borderline hilarious to see how cheesy and hyperbolic the
             | narrative around the riots that happened on that day is (I
             | remember it got to the point where "this is worse than
             | 9/11" was an unironic take). I guess it's fine and it works
             | for internal consumption for political rhetoric, but that's
             | it.
             | 
             | By the way your comment is exactly proving their point.
             | It's a bit amazing actually, you literally repeated the
             | same tired hyperbolic talking points. And the claim that
             | the riots killed 4 people has been debunked repeatedly.
        
               | mike00632 wrote:
               | "cheesy and hyperbolic"? What would have happened if the
               | coup was successful? Or what would have happened just if
               | those quick thinking staffers didn't grab the ballot box
               | while taking shelter before the legislature was breached?
               | There was nothing "cheesy" about it. It was deadly
               | serious; literally, people died.
        
               | jjoonathan wrote:
               | A strongman who loses and sends a mob to the legislature
               | is a staple in the history of democracy. It isn't a sign
               | of stability. It made me update some priors.
        
               | vehementi wrote:
               | No, actually, from an outsider view the person replying
               | is exactly right.
        
               | Swenrekcah wrote:
               | I have an outsider view actually.
               | 
               | You might think it's cheesy to warn about autocrats and
               | attacks on democracy but I happen to think that's very
               | important.
               | 
               | I wasn't aware that there weren't actually 4 deaths so my
               | bad. I guess the whole episode is a nothingburger since
               | only one person got actually killed there?
               | 
               | Or would you care to respond to any of the other points?
        
               | mardifoufs wrote:
               | I think you misread my comment. The cheesy part isn't to
               | talk about the events, or what trump did. It's the insane
               | hyperbole, and the never ending exaggeration in the words
               | used to describe what happened.
               | 
               | A good example of that is the death count: we got to the
               | point where some people were so desperate to turn the
               | whole situation into an iconic, unprecedented historical
               | attack that they counted a cop who died the day after
               | from a stroke in the death count. The "insurrection"
               | narrative does not sound credible without deaths or
               | violence, so the fact that the only death was a rioter
               | killed by cops was a pretty inconvenient plot hole.
               | 
               | I assume you are pretty informed and even then, you still
               | had in mind the spurious death count. That goes to show
               | just how much the early hyperbole poisoned the entire
               | discussion around the events and spread disinformation.
               | 
               | Another example of disingenuous reality bending is the
               | claim that the rioters were "armed so they came here to
               | overthrow the government". When I think they found one or
               | two person with a firearm. To me it's simple, if the
               | riots were actually that bad, the huge disinformation
               | push and extremely disingenuous rhetoric wouldn't have
               | been needed.
        
               | mike00632 wrote:
               | You're clearly trying to minimize what happened. Alone,
               | the amount of effort you are making to discount the words
               | and actions of the President of the United States is
               | damaging to the country. The real damage isn't in the
               | people who died but in the damage to our democracy, our
               | institutions, and our credibility in the world.
        
               | mardifoufs wrote:
               | What am I discounting? If I got any facts wrong, let me
               | know. Otherwise it's just that your interpretation is
               | different. I know some americans have a very "you are
               | either with us or with the terrorist" outlook to...
               | everything but I can assure you that I'm not making any
               | particular effort. Your hyperbole is duly noted though.
               | 
               | I agree that the damage isn't in the people that died
               | (because they didn't) and that the damage is more towards
               | the institution. The problem is that the narrative for a
               | year has been to make martyrs out of the 4 deaths (not
               | the fifth, for obvious reasons). Sure, now that it's
               | untenable to do that I hear that the "deaths didn't even
               | matter!" but that just makes the entire thing even more
               | blatant.
               | 
               | For all I care, trump could've been arrested for what he
               | did. Again that's not my point, my argument was mostly
               | that the borderline hysterical bend to every single
               | detail of that day is a bit embarrassing. You can say
               | that the president caused an illegal riot to influence or
               | interfere with the electoral process and should be
               | arrested, without going into "it's an insurrection and a
               | coup attempt by armed militias trying to kill congress
               | members and also etc etc."
               | 
               | It reminds me of when the conservatives were trying to do
               | everything to make the black lives matter protests sound
               | like an insanely violent anarchist civil war.
        
               | Swenrekcah wrote:
               | I guess I deeply disagree that it's hyperbole to keep
               | reminding people of the fact that the sitting president
               | of the US did not commit to a peaceful transition of
               | power and encouraged his supporters to storm the Capitol
               | to "stop the steal" and went so far to tell them he'd be
               | right there with them.
        
             | rayiner wrote:
             | I'm barely an hour outside of DC and nobody cares about
             | 1/6. Partly because Americans are pretty used to nutjobs
             | storming public buildings, and partly because they're also
             | used to extreme rhetoric from politicians.
        
         | hayd wrote:
         | Putting Trump back on Twitter is the only way Democrats could
         | win in 2024.
        
           | bko wrote:
           | Wouldn't you think it would be weird for all social media
           | platforms refuse to air content from a leading contender for
           | the presidency? Does the platform just pretend he doesn't
           | exist? Can they play clips of him speaking in the debates?
           | How about if he wins, do they just block anyone posting his
           | inaugural address? Create two worlds, one in which he is
           | president and another social media world in which he doesn't
           | exist. Very weird.
        
             | outside1234 wrote:
             | Not if the candidate incites violence - there should be no
             | difference on these social media platforms for how they
             | treat us and the elite.
             | 
             | We would get kicked off and they should too.
        
           | tmpz22 wrote:
        
             | Firmwarrior wrote:
        
       | avipars wrote:
       | He couldn't have just joined the board first?
        
       | rsolva wrote:
       | This underscores the importance of federated social media like
       | Mastodon, which offers a broad range of instances
       | (servers/communities) that never will be owned and controlled by
       | a single guy.
        
       | yabatopia wrote:
       | Let's ignore personality and societal issues for a moment and
       | look at the value proposition. The 'best and final offer' of
       | $54.20 per share is just too low to be acceptable for major
       | investors.
       | 
       | Just over year ago, Twitter shares traded at about $70 per share.
       | Musk's offer is about 25% lower than last years peak. There's no
       | reason to assume Twitter shares can't reach the same levels ever
       | again, nothing much has changed fundamentally over a year.
       | 
       | Musk's offer is a cash only offer. $43 billion is a lot of cash.
       | That's a lot of Tesla shares to sell, or massive loan. If Musk
       | thinks Twitter is that valuable to take such risks, current major
       | investors will probably want to unlock that value themselves.
       | 
       | I think the takeover offer is just as believable as last week's
       | announcement that Musk was joining the Twitter board.
        
         | tgtweak wrote:
         | The only way it would be too low is if the stock price went up
         | above that.
         | 
         | Reality is it's under that - signaling that it is in fact not
         | too low.
        
         | cambaceres wrote:
         | > If Musk thinks Twitter is that valuable to take such risks,
         | current major investors will probably want to unlock that value
         | themselves.
         | 
         | Elon is known for doing the impossible once he puts his head to
         | it. Maybe he can promote the conviction that only he can turn
         | the company around.
        
         | tempnow987 wrote:
         | I do love reading about how unbelievable stuff elon does is. He
         | should frame all the quotes. SpaceX had lots of these including
         | from the heads of europe and russia space programs.
         | 
         | Does he have perhaps more of a vision for twitter than current
         | mgmt?
         | 
         | Did his involvement increase / decrease the stock price?
         | 
         | If they turn him down could he build something for lets say
         | $20B in spending?
         | 
         | Going to be some interesting times.
         | 
         | And by the way, twitter DID invite him to be on the board with
         | the requirement he not get more stock.
        
           | LegitShady wrote:
           | >And by the way, twitter DID invite him to be on the board
           | with the requirement he not get more stock.
           | 
           | this was a trap - both barring his ability to gain more
           | shares, as well as putting him in a place where he can't talk
           | about twitter publicly to the same extent as a hostile
           | takeover.
        
         | saurik wrote:
         | And yet, despite your belief that the majority of the investors
         | should/are valuing the stock at >$70, it is trading at ~$45,
         | which should at least provide some evidence that the majority
         | of shareholders--today, not last year--value it at <$55; to me
         | the next question is "exactly who is voting on this: the
         | shareholders or the board members?", but even either way it
         | doesn't seem insane to me that getting a guaranteed 10%
         | increase in your purchase isn't in the best interest of the
         | majority of the shareholders.
        
           | hamandcheese wrote:
           | > which should at least provide some evidence that the
           | majority of shareholders--today, not last year--value it at
           | <$55
           | 
           | The price is only determined by who is buying and selling
           | right now. Trading at $45 merely implies a nonzero number of
           | shareholders value Twitter at $45.
        
             | saurik wrote:
             | The problem is we can use that to determine the belief of
             | the zeitgeist: if you--or anyone else--truly believes
             | Twitter is worth more than $45--and has any hope of getting
             | to that value in the not-distant future (of course: time is
             | also money)--you should go buy it, as there are apparently
             | a number of suckers _right now_ willing to accept a mere
             | $45 for their shares. People trade because they think
             | things, and if no one is trading right now it  "should be"
             | because they largely agree with the zeitgeist.
             | 
             | (This is also why we can use this price to indirectly learn
             | something about how the market views the likelihood of Elon
             | buying Twitter: if it were a "sure thing", the price of
             | Twitter stock would be trading close to $55, as you'd be
             | able to make a fast profit.)
        
         | Orangeair wrote:
         | > nothing much has changed fundamentally over a year.
         | 
         | If the CEO of a company leaving doesn't count as a fundamental
         | change, then I don't know what does.
        
         | farmerstan wrote:
         | Why would he sell shares? He would have to pay income tax on
         | that. He will borrow against it obviously.
        
         | riffraff wrote:
         | > There's no reason to assume Twitter shares can't reach the
         | same levels ever again
         | 
         | but it depends on how far that "again" is.
         | 
         | If you bought at $33 a month ago, you'll be now getting a 60%
         | return. You can put that in another less risky investment and
         | still have a very healthy return over the next 5 years, say 5%
         | , less than the historical sp500 rate, you'd get to ~$69.
         | 
         | So if Twitter gets back to $70 in five years Musk's offer is
         | still an ok investment, but its growth has been almost zero for
         | the last 8 years, it's not trivial that it would become a
         | powerhouse in the next 5.
        
           | paxys wrote:
           | Think about it this way - if Twitter shares were to rise ~17%
           | from where they are today, would >50% of investors
           | immediately hit the sell button? If not, then why would the
           | same number agree to this deal?
        
             | vanjajaja1 wrote:
             | The difference is that one option is selling a declining
             | company today for 17% bonus, the other option is selling a
             | company that has shown 17% growth. Its not the same
             | comparison
        
               | polishTar wrote:
               | There's a selection bias you need to consider. Twitter
               | investors probably wouldn't be Twitter investors if they
               | thought it was on the decline without significant growth
               | prospects.
        
           | itstomkent wrote:
           | Is $70 in five years drastically different than $50 today?
           | We've had what, 8.5% inflation in the past 12 months?
        
         | jasonhansel wrote:
         | > There's no reason to assume Twitter shares can't reach the
         | same levels ever again
         | 
         | If there was a strong reason to think that Twitter shares would
         | soon be worth $70 again, wouldn't they already be trading at
         | that price?
        
         | dehrmann wrote:
         | > too low to be acceptable for major investors
         | 
         | I think Vanguard and BlackRock would happily take that premium.
         | Cathie Wood wouldn't.
        
           | kappi wrote:
           | Vanguard and Blackrock always votes with management and sadly
           | lot of times with bad management. This is the hidden cost of
           | passive investment. They don't do anything.
        
         | Infinitesimus wrote:
         | "Best and final offer" is certainly a weak claim but it doesn't
         | seem your argument about Twitter's value is much stronger.
         | 
         | Yes Twitter was $70 a share in the past but it was also sub $30
         | in the past and it's not clear which is the "right" price.
        
         | aniken wrote:
         | Another non trivial aspect is his offer price. No one seems to
         | be pointing out the obvious half trolling nature of an offer
         | that yet again includes the number 420. In that respect part of
         | his motivation for doing this is self amusement.
        
           | zaroth wrote:
           | I fully agree that part of his motivation is self amusement.
           | It's one of the things I really like about Musk, is that he's
           | clearly still connected to his inner child, and I think
           | that's part of what keeps him dreaming.
           | 
           | I think the people most offended by it tend to be the people
           | who have lost that joie de vivre and miss out on the fact
           | that we're all just existing here and now. Sure, do the very
           | serious things that need to be done for a person with his
           | resources, but in the end, we can't even prove it's not all
           | just a damn simulation can we.
        
             | mdoms wrote:
             | > I fully agree that part of his motivation is self
             | amusement. It's one of the things I really like about Musk,
             | is that he's clearly still connected to his inner child,
             | and I think that's part of what keeps him dreaming.
             | 
             | Uhh he pulls these stupid jokes because he's an insecure
             | manchild constantly seeking the approval of his equally
             | stinted fanbase.
        
             | jzb wrote:
             | I think his inner child must be Veruca Salt.
        
         | xwdv wrote:
         | Sorry to say but $54.20 is the best they will ever get for
         | TWTR. Those days of $70 per share are over unless we enter
         | another period of easy money.
        
           | texasbigdata wrote:
           | It's hilarious why people care so much about the price of a
           | financial instrument. Even Bitcoin. Do you care what wheat or
           | copper or kerosene trades at? Why not take him at his word.
           | 
           | Plenty of Americans spend 5 to 10% of their worth on stuff.
           | Who cares what your neighbor paid for his boat....maybe dude
           | just likes to drink Coors light on the lake.
        
         | redisman wrote:
         | There's no logical reason to think that the once in a century
         | pandemic response bubble price is in some way the "true" price.
        
         | TigeriusKirk wrote:
         | >current major investors will probably want to unlock that
         | value themselves.
         | 
         | There's no evidence they're capable of unlocking that value. If
         | they can, why haven't they?
        
         | LatteLazy wrote:
         | By that logic, no takeover is every high enough for any
         | takeover. Or for any sale of anything? Long only!
        
         | jdrc wrote:
         | Goldman Sachs, which advises twitter, has a target price at $30
        
           | texasbigdata wrote:
           | Chinese firewall
        
         | andrewmunsell wrote:
         | > If Musk thinks Twitter is that valuable to take such risks,
         | current major investors will probably want to unlock that value
         | themselves.
         | 
         | Doesn't this depend on if you actually agree with Musk's
         | thinking and valuation of Twitter in the first place? Given the
         | share price has been all over the place, clearly the market is
         | not on the same page.
        
         | johnywalks wrote:
         | Even if the stock was at $70, do you think they could sell? It
         | would tank the price.
         | 
         | This is a good offer.
        
         | aantix wrote:
         | Why would he overpay for a down trending company?
        
           | LegitShady wrote:
           | Exactly as his offer states - he thinks with the correct
           | management and a different vision of the future, he can
           | change the trend.
        
         | [deleted]
        
         | dageshi wrote:
         | > There's no reason to assume Twitter shares can't reach the
         | same levels ever again, nothing much has changed fundamentally
         | over a year.
         | 
         | The Fed's covid policies in terms of interest rates and money
         | printing had a very high impact on the stock market and stocks.
         | Why else would the market have increased to the degree it did
         | during covid?
         | 
         | That is a fundamental reason why it may not see $70 again any
         | time soon.
        
           | objektif wrote:
           | Or it may. We have no idea however what we know is that
           | twitter is a valuable business and in the rights hands it
           | will be worth much more.
        
         | delaaxe wrote:
         | Unless a massive recession is coming
        
       | croes wrote:
       | Private company and free speech sounds like an oxymoron.
       | 
       | This isn't free speech that's benevolent dictatorship at most.
        
       | motohagiography wrote:
       | Imo, he's taking responsibility. If as an individual you can
       | deploy the most money in the world, what do you do with it?
       | Twitter became a negative-sum game of people competing to debase
       | themselves in service of narrative in exchange for nothing but
       | the approval of others who had already done the same. Unlocking
       | that negative cycle can release a lot of captive value for
       | everyone. The best way to do that is to connect great minds and
       | scale them based on their revealed desires.
       | 
       | I remember Musk offered to solve world hunger but the NGO people
       | who said they could do it flaked when (pen in hand) he offered to
       | cut them a cheque. The next best thing is to provide a platform
       | for discourse so that smart people indexed on truth and reality
       | can thrive and wield influence.
       | 
       | The opportunity is that Twitter just isn't funny, and as a signal
       | of alignment to truth, that's a pretty honest sign it has become
       | oppressive and that it has become a thing that most people just
       | do not want. The controversial censorship on Twitter has been
       | against humour, which makes Musk's play such an obvious win. As
       | an activist target, Twitter has spent almost a decade contorting
       | itself and spending a lot of effort to make itself suck, and it
       | just needs to suck slightly less to be a benefit to humanity.
       | Value for money, it's probably the most effective $43B anyone has
       | spent in the US.
        
         | nobody9999 wrote:
         | >Value for money, it's probably the most effective $43B anyone
         | has spent in the US.
         | 
         | That seems unlikely. USD$43 billion _could_ buy ~1,150,000
         | homes[0], which is _double_ the number of homeless people in
         | the US[1].
         | 
         | Getting a 1/2 million people into stable living situations
         | _could_ boost the economy by adding a couple hundred thousand
         | to the work force (it 's _really_ hard to hold a decent job if
         | you have no place to store your stuff or take a shower), with
         | the median income for _all_ workers over the age of 15 at
         | ~USD40,000 [2] would add ~US$8,000,000,000 to the economy, as
         | well as reducing dependence on public programs to help support
         | them.
         | 
         | Of course, buying whole houses for half a million people isn't
         | actually necessary. A reasonably sized apartment (based on
         | household size) for each set of homeless folks would cost
         | significantly less than that.
         | 
         | What's more, the children who could be helped by something like
         | this are more likely to have good school experiences and
         | improve their education -- boosting their lifetime earnings
         | potential as well. Not to mention the economic boosts to local
         | communities hit hard by homelessness.
         | 
         | So, no. Buying Twitter isn't anywhere close to the best use of
         | US$43B. In fact, I suspect we could end homelessness in the US
         | for significantly less than that. That seems a lot more useful
         | than a payout to TWTR shareholders and making it one of Musk's
         | vanity hobbies.
         | 
         | [0] https://worldpopulationreview.com/state-rankings/median-
         | home...
         | 
         | [1] https://endhomelessness.org/homelessness-in-
         | america/homeless...
         | 
         | [2]
         | https://www.census.gov/library/publications/2021/demo/p60-27...
        
         | newbamboo wrote:
         | This is obviously the right take. But people won't hear it.
         | Which further underscores why this is good for society, not
         | just the platform.
        
         | memish wrote:
         | Not long before Elon bought a 9% stake, one of the largest
         | satire accounts on twitter was suspended for a joke. They are
         | literally censoring humor and that may have been the final
         | straw.
         | 
         | Also worth noting that he was one of the ACLU's biggest donors
         | when they were still focused on protecting free speech and
         | liberty.
        
           | zionic wrote:
           | I know someone who was banned for posting pitbull attack
           | statistics. The pitmommy battalion mass-reported her account
           | for "racism".
        
           | alphabettsy wrote:
           | They still do.
        
             | parineum wrote:
             | They protect free speech they agree with.
        
           | colordrops wrote:
           | My account got banned for an obvious joke. I feel this
           | personally.
        
             | darkwater wrote:
             | Mind to share the joke here?
        
               | colordrops wrote:
               | Would prefer not to reveal my identity - it could be
               | searched. I can paraphrase though. It was a thread a
               | couple years ago on how nazis can be punched, but it was
               | spreading to anyone who was perceived as right wing, such
               | as Andy Ngo, with the excuse that they are all nazis.
               | Being a pacifist, I replied with something sarcastic
               | along the lines of "As long as we are punching nazis, why
               | don't we also punch the taliban, ISIS, MS13, Zionists,
               | north koreans, evangelicals, trump supporters, and
               | puppies?" Obviously not serious, but I was banned for
               | promoting violence. Ironic considering the thread I was
               | replying to was all about unironic support of real world
               | violence. My joke wasn't a good one, but it was a joke.
        
         | sohdas wrote:
         | > Twitter became a negative-sum game of people competing to
         | debase themselves in service of narrative in exchange for
         | nothing but the approval of others who had already done the
         | same. Unlocking that negative cycle can release a lot of
         | captive value for everyone. The best way to do that is to
         | connect great minds and scale them based on their revealed
         | desires.
         | 
         | What are you even saying here?
        
           | oldstrangers wrote:
           | He's trying to intellectualize his disapproval of "cancel
           | culture" I imagine.
        
         | shmageggy wrote:
         | > _I remember Musk offered to solve world hunger but the NGO
         | people who said they could do it flaked when (pen in hand) he
         | offered to cut them a cheque._
         | 
         | I hadn't heard about this, but looking it up now, it seems that
         | your account isn't accurate. According to these articles he
         | asked the UN to detail how they would spend the money and they
         | did.
         | 
         | https://mashable.com/article/elon-musk-solve-world-hunger
         | 
         | https://fortune.com/2022/02/15/elon-musk-5-7-billion-donatio...
        
           | motohagiography wrote:
           | According to the mashable link, the world food program people
           | just said, "it's complicated, let's meet," to shift
           | responsibility, and then said went around saying he didn't
           | follow through.
        
             | compiler-guy wrote:
             | It is complicated and although money can help, many of the
             | problems have to do with corruption and graft, rather than
             | a lack of resources. The United States alone gives 3.7
             | billion dollars a year in aid [1]. And the sum total of
             | world aid is much greater.
             | 
             | But if the dictators and juntas on the ground aren't
             | willing to help, and if the logistics companies and war
             | lords redirect it to their friends, more money doesn't
             | really help.
             | 
             | And nor does a clever plan from the UN, which is already
             | trying to avoid the grifters, but also has its share of
             | internal corruption.
             | 
             | 1. https://www.usaid.gov/food-
             | assistance/faq#:~:text=In%20fisca....
        
           | goodluckchuck wrote:
           | > U.N. World Food Program executive director David Beasley
           | did respond to Musk's original tweet last month, clarifying
           | that "$6B will not solve world hunger..."
        
         | oldstrangers wrote:
         | "Value for money, it's probably the most effective $43B anyone
         | has spent in the US."
         | 
         | Yikes.
         | 
         | A more realistic take: this is a petty reaction on par with
         | Peter Thiel suing Gawker into oblivion. Musk doesn't really
         | care about Twitter's role as a tool for good, he cares about
         | his ego.
        
           | ecf wrote:
           | Now you understand why Musk followers are a cult.
        
             | lcnPylGDnU4H9OF wrote:
             | It's cultish when people say it's good just because they
             | want to think it's good.
             | 
             | It's cultish when people say it's bad just because they
             | want to think it's bad.
             | 
             | When the person you're responding to makes a strong
             | assertion about a person's intentions[1] and you respond
             | suggesting that anybody who might not think this way is
             | part of a cult, it comes off very much that you want the
             | assertion to be true.
             | 
             | Unless your belief is truly, "Anybody who might possibly
             | agree with {{some specific person}} is part of a cult,"
             | then this comment does not do your thoughts justice.
             | There's more to be said and you did not bother to say it.
             | 
             | [1] > Musk doesn't really care about Twitter's role as a
             | tool for good, he cares about his ego.
        
               | oldstrangers wrote:
               | Just to help your reading comprehension, he's suggesting
               | that anyone who says stuff like "Value for money, it's
               | probably the most effective $43B anyone has spent in the
               | US" might have drank too much of the Kool-Aid.
               | 
               | Hope that helps your argument.
        
           | carvking wrote:
           | Why does Musk have some go reaction with twitter that would
           | call for this ?
        
         | hackernewds wrote:
         | You posit that if Twitter pursued financial goals like Facebook
         | it would be a better platform. Hard disagree.
        
         | wwweston wrote:
         | > Twitter became a negative-sum game of people competing to
         | debase themselves in service of narrative in exchange for
         | nothing but the approval of others who had already done the
         | same.
         | 
         | I'm trying to imagine this statement actually both having
         | meaning and corresponding to reality and failing.
        
       | weakfish wrote:
       | The thing that is absolutely puzzling to me in these
       | conversations is it seems that people who generally believe in
       | the free market desire what amounts to regulation on social media
       | platforms, inversely, to protect 'free speech' when in fact
       | Twitter has the absolute right in the free market to moderate as
       | they see fit when free speech only protects from governmental
       | actions.
       | 
       | And to those who would make the argument that Twitter is too big
       | to not be protected under free speech, I would say that Twitter
       | is _excellent_ at making its user base seem more important than
       | it is. Go outside, talk to people. Twitter is just a shitty
       | microcosm.
        
         | kolbe wrote:
         | I've at least studied a lot of what other legal scholars have
         | to say on the topic.
         | 
         | I think even the most staunch free market advocates understand
         | the danger of monopolies. I think the same strain of thought
         | makes them understand the danger of oversized government.
         | 
         | And so many of these companies are very arguably monopolies and
         | should be either broken up or turned into a utility. In many
         | people's minds, there's been what looks like a quid pro quo to
         | do favors for government officials in order to avoid sensible
         | efforts to regulate these essential communication platforms to
         | even 1% of the level of say financial institutions.
         | 
         | Twitter may be a microcosm, but Twitter, Facebook and Google's
         | communication platforms are responsible for enough speech to
         | flip elections, to endorse or suppress vital information, and
         | topple regimes. It's not something to be taken lightly.
        
           | weakfish wrote:
           | I agree with you wrt. Twitter being a decently sized hub of
           | possible vital information. I'm actually writing a paper for
           | a national security course at the moment on Russia's combined
           | cyber warfare strategy that emphasizes misinformation and
           | misdirection.
           | 
           | I'm just attempting to make sense of what I view as a
           | hypocrisy from free market advocates and point out that as
           | far as the Constitution goes, private entities aren't
           | responsible for upholding your speech on their platforms.
           | 
           | I see what you're saying about legal scholars, and in my mind
           | that raises the question that if monopolies should be
           | regulated by even staunch free market advocates, shouldn't
           | extremely dangerous speech be regulated in some capacity on
           | some platforms by even staunch free speech advocates?
           | 
           | I know and recognize that can be a slippery slope, but people
           | far smarter than me haven't untangled it so I won't even try.
           | 
           | Maybe I'm wrong, please change my mind if you think I am :-)
        
         | ErikVandeWater wrote:
         | Big social media companies, just like all other companies,
         | desire regulations that solidify their market share and make it
         | more difficult to create a new competitor. What generally
         | happens in the US is a new regulation is drafted that
         | theoretically achieves some good end, but whose true purpose is
         | to make it more difficult for competitors to enter the space.
         | That's why companies pay lobbyists.
        
           | sfe22 wrote:
           | Yep, and the government enables and facilitates this
           | malicious action for all statists that wonder what regulation
           | could fix it.
        
           | nimajneb wrote:
           | You can't have regulatory capture if there's no regulation.
           | They want regulatory capture so others can't join their
           | party.
        
         | dotnet00 wrote:
         | I don't think that's particularly puzzling. While many of them
         | are likely simple hypocrites, there is the position that the
         | government's job in the market is to enforce the minimum amount
         | of regulation needed to maintain a 'free' (as in competitive)
         | market, in which framework a push for government to step in and
         | regulate social media is understandable due to network effects
         | being particularly relevant for it.
         | 
         | Personally I would agree with the argument that Twitter (and
         | Facebook, Reddit and Youtube) are too big to not be regulated
         | into behaving more responsibly at minimum. They're microcosms
         | compared to the real world, but they're big parts of the
         | internet world and thus influence many people's lives heavily,
         | especially young people and especially over the past 2 years.
         | 
         | Currently it's standard practice for social media platforms to
         | have content policies that intentionally avoid providing
         | specifics on unacceptable content, many of them also avoid
         | telling users exactly what the offending content is and don't
         | offer any way to seriously appeal decisions. I think this is
         | responsible for the vast majority of these free speech
         | complaints, people are effectively left to assume the worst,
         | which is extremely irresponsible for companies so large.
         | 
         | We see these frequently on HN too, where someone had their
         | twitter or youtube account banned, are assuming they've been
         | censored for saying something about the company and can't get
         | in touch with a responsible human to find out. Usually they're
         | just forced to start over with a new account.
         | 
         | Thus, I think the fix would be regulations on content policies
         | of sufficiently large social networks that require the policies
         | to be more well-defined, require the specific offending content
         | to be shown along with the exact policy violated and requiring
         | the availability of an appeals process which at least
         | eventually reaches a human.
         | 
         | It might also be worth requiring some amount of disclosure on
         | the automated moderation system's performance (ie how many
         | automated takedowns happened and how many had to be reinstated
         | upon appeal).
        
         | hackernewds wrote:
         | Twitter holds a massive amount of soft power. And the sooner we
         | acknowledge it, the better. It seems a matter of national
         | security that a foreign power could accumulate the centralized
         | reigns of Twitter as well. (not that decentralized solutions
         | will solve this. It will actually be even riskier that they
         | will be abused similarly)
         | 
         | Jack could have maneuvered so it stays in the hands of the
         | board, but as expected he has pooched that.
        
         | ctrlp wrote:
         | This line of reasoning is very popular but I don't see how
         | people take it seriously. Twitter (and other major social media
         | platforms) have become de facto "government instrumentalities"
         | under the dual effect of pressures from without and pressures
         | from within.
         | 
         | The same revolving door policies we all recognize in other
         | industries apply to major media companies, as well, meaning the
         | leadership within these organizations is harmonized with the
         | leadership of the state. Moreover, media OWNERSHIP is a subset
         | of portfolios that have massive influence on government policy
         | (and vice versa). Meanwhile, there have been numerous incidents
         | of major political figures cajoling the social media giants to
         | censor speech. When Congress and the President are threatening
         | to regulate your industry while "asking for help," that's a
         | significant leverage over your so-called "private" business.
         | 
         | And, Twitter is not "just a shitty microcosm". For good or ill,
         | Twitter functions basically as the public slack channel of the
         | news media industry. Twitter flame wars wag the dog of the news
         | cycle. It's also a target of propagandists world-wide. Like it
         | or not, Twitter has an outsized influence on public discourse.
        
         | derefr wrote:
         | > Twitter is _excellent_ at making its user base seem more
         | important than it is
         | 
         |  _Most_ of Twitter is a shitty microcosm, yes; but on the other
         | hand, more than a few objectively  "important" people seem to
         | only engage with the sphere of public discourse through
         | Twitter.
         | 
         | Right now, that's just their voluntary engagement, and they
         | could switch. But a single policy forcing use like e.g. "the
         | Office of the President will make all non-press-conference
         | communications only through Twitter" and suddenly there'd be a
         | dire need for regulation.
        
         | efitz wrote:
         | I disagree with the framing. For some good reasons and some
         | insane reasons the US government has decided to treat
         | corporations as "people". Corporations are otherwise strictly
         | regulated in thousands of ways but somehow regulating their
         | ability to shape narratives with selective suppression and
         | amplification of the speech of their users is sacrosanct?
        
           | weakfish wrote:
           | Don't get me wrong; I'm not a fan of the free market and
           | "corporations as people". I'm just pointing out what I view
           | as an odd hypocrisy, that being that deregulation is a good
           | thing except when it isn't. Maybe I'm wrong though, I'm happy
           | to have my mind changed
        
         | starkd wrote:
         | The notion of free speech is so central to the American ethos
         | that, when a company which espouses to be a function of the
         | town square idea takes it on themselves to suppress and censor
         | "right speech", it just doesn't sit right with a lot of people.
         | Even though a non-government entity may have the right to do
         | it, it doesn't make it morally right.
        
         | Anderkent wrote:
         | > Twitter has the absolute right in the free market to moderate
         | as they see fit when free speech only protects from
         | governmental actions
         | 
         | You confuse free-speech-the-legal-concept (which yes mostly
         | deals with governmental actions' with free-speech-the-
         | principle. You treat the law as if it was equivalent to the
         | moral norm, and that's just not the case.
         | 
         | Yes, twitter is legally allowed to moderate as they see fit.
         | But just because what they do is legal does not mean it is
         | right.
        
       | gotaquestion wrote:
       | The only people complaining about free speech are literally
       | right-wingers spreading verifiable lies (and this includes non US
       | right-wingers). The fact that this is an issue is a tragic flood
       | of propaganda by these liars.
        
         | [deleted]
        
       | carnitine wrote:
       | The fact it is an all cash offer should finally put an end to the
       | ludicrous claim so often made that billionaires can't access
       | liquidity.
        
       | nameirrelevant wrote:
        
       | bitwize wrote:
       | This is like Warren Buffett's hostile takeover of Berkshire
       | Hathaway (then a failing textile company) because their CEO made
       | him assmad, that ultimately just prevented him from becoming even
       | more disgustingly rich.
       | 
       | Musk is gonna be left with a pile of worthless, shit stock. Of
       | course once one of the streaming services releases a docu-drama
       | about Twitter's rise and fall (like they did for Theranos, Uber,
       | and WeWork), Musk can charge decent money to play himself.
        
       | grumple wrote:
       | We've talked about compliance and advertising revenue, which I
       | think are good points for discussion.
       | 
       | The motivations of Elon are unclear. What is clear is that he
       | hates feeling like his behavior is being controlled or monitored.
       | He loves attention. He's petty. For someone who wants to advance
       | the world and get to Mars, he obsesses over small slights and
       | squabbles far too much. Twitter is far from being some
       | technological marvel. They have a decent application with lots of
       | reach. Doesn't really match the rest of Elon's assets. Doesn't
       | seem to align with his goals.
       | 
       | But let's imagine Elon's Twitter. Let's say he isn't bound by
       | laws and contracts preventing it and he says "anything goes" on
       | the platform. What happens to advertisers? I assume they leave.
       | What happens to staff? I assume they get fired when the revenue
       | dries up. We know what "free speech twitter" looks like; an uber-
       | conservative site devoid of real life and full of misinformation.
       | 
       | Does allowing medical (and other) misinformation and promotion of
       | violence to spread on Twitter serve Elon's ends? Perhaps, if he
       | wishes to make an attempt to become an autocrat (which wouldn't
       | be surprising; it's every geek and billionaire's dream) or
       | support one. It doesn't seem like he'd fight the spread of that
       | misinformation with corrective speech, as he has what's (at best)
       | a loose relationship with the truth.
        
       | mark_l_watson wrote:
       | I have to admit: I hope this happens mostly for the entertainment
       | value.
       | 
       | Also, I think that this business of shutting down opinions of
       | people we dislike or disagree with is really bad for society long
       | term. I think Musk might stop that.
        
         | bluehorseray wrote:
         | I agree. People on HN love to theorize about reshaping current
         | social media platforms, and now we may get to see someone
         | actually attempt to do it. I hope people aren't so invested in
         | Twitter they would rather this not happen.
        
         | Lutger wrote:
         | I'm of the opposite opinion. I think being even more lax than
         | Zuckerberg on psy-ops, hate speech, denialism, racism and
         | misinformation will be quite dangerous to society. Some of the
         | necessary conditions of speech itself might collapse, in a way
         | that the very idea of 'speech' will become nearly impossible.
         | 
         | It will be terrible, for the Western democracies anyway - it
         | will likely help Putin and Xi tremendously though.
        
           | whimsicalism wrote:
        
             | boppo1 wrote:
             | Do you have reliable evidence it wasn't a right-wing
             | fabrication?
        
               | whimsicalism wrote:
               | ? Fabrication? There was no credible evidence ever
               | presented that it was a fabrication _or_ that Russia had
               | anything to do with it.
               | 
               | Here is the Washington Post: https://www.washingtonpost.c
               | om/technology/2022/03/30/hunter-...
               | 
               | You are reasoning from your beliefs.
        
               | boppo1 wrote:
               | I'm not reasoning, I'm playing devil's advocate as
               | someone who is laptop-agnostic. A couple posts back in my
               | history you can see I wrote the converse to someone.
               | 
               | Also, it's not that the laptop is a right-wing
               | fabrication, but the... uh... existence of material
               | relevance to the election I think? Something about it was
               | dismissed as right-wing misinfo but, again, idk enough
               | about the topic, I'm just trying to see what I can gather
               | from different views now that the dust has settled.
        
               | whimsicalism wrote:
               | Fair enough.
               | 
               | If the charge is that it was sequestered by members of
               | the right-wing and then intentionally released right
               | before the election to influence the outcome, then yes
               | that is definitely true.
               | 
               | But there were claims that this was a hoax, forged
               | documents, or sourced from Russia. There has never been
               | any evidence backing those claims, AFAIK.
        
         | greenhorn123 wrote:
         | I am 100% sure that Musk would be fine with people criticizing
         | him, Tesla or SpaceX or anything else that he has a hand in and
         | would never shut anything like that down. Like that time when
         | he started a personal vendetta against someone who suggested he
         | didn't know what he was talking ... oh, wait.
        
         | rootusrootus wrote:
         | > I think Musk might stop that.
         | 
         | Given how he responds to employees at his companies exercising
         | their free speech rights, you may be disappointed.
        
       | qeternity wrote:
       | *MUSK: `NOT SURE I'LL ACTUALLY BE ABLE TO BUY' TWITTER
        
       | thebackstall17 wrote:
       | What he did today is thousand times better than shelling money
       | behind the charity that many billionaires doing. Under Elon
       | twitter can enable true "freedom of expression." Parag's one
       | sided stand to enable woke culture, and board's support to that
       | clearly showing how extreme right mindset they have when running
       | this company. Today we can't hear the voice of other side on this
       | platform, they are either shutdown or suspended even if you are
       | former prez https://twitter.com/jack/status/651003891153108997
        
         | archagon wrote:
         | If the former prez is someone who blatantly and consistently
         | violates Twitter policy, then good riddance.
        
           | cwkoss wrote:
           | I think it's hard to say whether idiocy/hatred is more
           | dangerous in the spotlight or in the shadows.
        
         | ulkesh wrote:
         | Freedom of expression does not mean tolerating outright lies
         | and bigotry and harm on a non-government-owned/controlled
         | platform. So Trump, since you decided to not say his name for
         | some reason, was rightly kicked off the platform after being
         | warned numerous times about his policy violations.
         | 
         | It's funny how people seem to think that such freedoms extend
         | beyond the boundary of government and into the private sector
         | (publicly-traded company or not). They do not. They never have.
         | Twitter can set whatever rules they wish and the chips may fall
         | where they will, despite what @jack may say. You are free to
         | choose a different platform to support.
         | 
         | But don't sit there and think that the "other side" is somehow
         | oppressed because you simply disagree with the policies of
         | Twitter.
        
       | resters wrote:
       | All he has to do is buy it at a discount and let Donald Trump
       | back on for a significant profit. Sad but true.
        
       | nprateem wrote:
       | He's blatently planning on running for president
        
         | Ekaros wrote:
         | Not a natural citizen...
        
           | [deleted]
        
         | xwdv wrote:
         | Just not US President since he was born in South Africa.
        
         | haunter wrote:
         | Can't see South Africa electing a white person for president in
         | the near future or ever
        
       | cs702 wrote:
       | OK. I'm a _huge admirer_ of everything Musk has a accomplished,
       | but... W.T.F.?
       | 
       | Taking on Twitter will not only be a huge amount of work, it is
       | likely consume a ridiculous amount of talent -- which could be
       | focused instead on building next-generation humanoid robots,
       | electric vehicles, energy solutions, reusable spaceships, and
       | space stations.
       | 
       | Musk has a long history of taking on more than it's humanly
       | possible, but so far he has been narrowly avoided failure. Recall
       | that Tesla was ready to file for bankruptcy at one point in
       | 2019.[a]
       | 
       | He hasn't sold any shares, so he's likely borrowing against his
       | Tesla stock to finance this hostile takeover, exposing himself to
       | all sorts of potentially ugly debt squeezes.
       | 
       | I really, really, _really_ hope Twitter doesn 't become a black
       | hole that sucks talent and energy away from more important
       | things. More than that, I hope this latest battle doesn't become
       | Musk's Waterloo.
       | 
       | --
       | 
       | [a] https://www.cnbc.com/2020/11/03/musk-tesla-was-about-a-
       | month...
        
         | zzzeek wrote:
        
           | draw_down wrote:
        
         | mountainriver wrote:
         | I agree, this seems like a distraction for him, and probably
         | more ego driven than anything. Although much of his success has
         | been through being a public figure on Twitter, maybe he sees it
         | as investing in his image.
        
         | xeromal wrote:
         | You definitely have a point. SpaceX and Tesla were also near
         | death in 2008.
         | 
         | I feel like there are only so many moonshots you can pull off
         | before you get a Waterloo as you said.
        
         | sebzim4500 wrote:
         | It's not like he's going to take current SpaceX or Tesla
         | employees and put them to work fixing Twitter.
        
         | guiseroom wrote:
         | I don't really follow Musk, what has he accomplished?
        
           | nabaraz wrote:
           | Leader in Space and Leader in EVs to start with.
        
         | ComradePhil wrote:
         | > it is likely consume a ridiculous amount of talent
         | 
         | He has indicated that he'll fire most of the employees[1]. In
         | practice, I think he'll move the talent pool whose job is to
         | optimize ad delivery at Twitter to Tesla/SpaceX/OpenAI etc...
         | and make Twitter paid for by the users, not by the advertisers
         | [2].
         | 
         | [1]
         | https://twitter.com/elonmusk/status/1512974273606045702?ref_...
         | 
         | [2]
         | https://twitter.com/elonmusk/status/1512964005060657156?s=21...
        
           | loceng wrote:
           | That's your burden of "proof" that Elon has indicated he'd
           | fire most employees?
        
             | ComradePhil wrote:
             | I don't know if it's a "burden" (please learn what "burden
             | of proof" means and where and how to use it)... but yes,
             | that tweet is an indication of his intent.
        
           | Tade0 wrote:
           | So, essentially, the mother of all acquihires?
        
       | labrador wrote:
        
         | labrador wrote:
         | I guess my opinion is not popular, but I'll just say this: If
         | Musk lets Trump back on I'm deleting my account. I've heard
         | others say the same thing. That's a fact, not an opinion.
        
         | Trufa wrote:
         | I don't know how to ask this question without it sounding
         | charged, but please take it as literal as possible and coming
         | with absolutely no aggression:
         | 
         | Do you think removing Trump was pro-democracy? I stand very
         | firmly against being removed on principle of him being an ex-
         | president of the US, this comes from someone who probably
         | thinks he should be prosecuted for (likely) falsely claiming
         | election fraud, or IMHO stretching the definition in his
         | favour.
         | 
         | I think this should be regulated, if not for everyone, at least
         | for highly important accounts, and it should NOT be a private
         | country that has so much power over the next US election.
        
           | labrador wrote:
           | > Do you think removing Trump was pro-democracy?
           | 
           | Yes, absolutely. A former president was undermining trust in
           | the democratic system with no evidence of wide spread fraud,
           | who encouraged people to attack the capital during the
           | peaceful transfer of power, who was also encouraging people
           | to subvert the election process at the state level. He and
           | his assosciates had an anti-democratic plan to keep him in
           | power.
        
         | RVtyper wrote:
         | we are a flawed democracy/republic. people on parlor and gab,
         | which i'm not one of, are for traditional values because that
         | is what built this country. the only pro-authoritarian ive seen
         | is from the social media giants and blue sate gov's.
        
           | labrador wrote:
           | I put "traditional values" in quotes because I don't think
           | anti-LGBTQ+ deserves to be traditional
        
       | riffic wrote:
       | Elon Musk can not buy Mastodon (https://www.joinmastodon.org)
       | 
       | This is the best ethical replacement for what Twitter provides,
       | and it gives control back into operators of communities because
       | it is based on a standardized specification for a federated
       | social web.
        
       | vishnugupta wrote:
       | It's an all cash offer. Do folks here who manage such things
       | educate us how could Musk muster such cash? Genuinely curious.
        
         | chernevik wrote:
         | He can borrow against his Tesla and Space X holdings. The
         | Twitter stake itself can be used as collateral. Or he can sell
         | shares of them.
         | 
         | There is LBO financing, where the purchased company itself
         | borrows to fund the purchase. But I doubt a company as risky as
         | Twitter can borrow a significant fraction of the purchase
         | price. And Musk doesn't have a history of using financial
         | engineering like that.
        
           | funshed wrote:
           | LBO with Personal Guarantee and Tesla shares as security is
           | strong.
        
             | chernevik wrote:
             | You're mixing terms. "Leveraged buyout" is really a term of
             | art referring to a purchase largely financed by debt issued
             | by the purchased company. It only works with well
             | established businesses with really reliable revenue
             | streams. If the business fails, the debts go unpaid.
             | 
             | I would be surprised if Twitter could raise as much as 10%
             | or 20% of its own purchase price.
        
         | boeingUH60 wrote:
         | Debt financing. It's easy when you have an enormous net worth
         | as collateral and close relationships with leaders of big
         | banks/investment firms.
         | 
         | You can get an idea from Michael Dell's takeover of his
         | eponymous company.
         | 
         | https://www.forbes.com/sites/connieguglielmo/2013/10/30/you-...
        
           | heartbreak wrote:
           | Though in the case of Dell, he had financing commitments
           | lined up along with his offer. Musk has demonstrated no such
           | commitments.
        
       | throw7 wrote:
       | A "free speech" platform would give users more power to control
       | their communications with others and transparency of how the
       | "system" worked.
       | 
       | Very simple things that we had with usenet like killfiles and
       | threaded conversations are foreign things to the younger
       | generations. Things like shadowbans and a central authority that
       | just decides to disable your account would be non-existent. Heck,
       | we even had a form of "blue checkmark" with finger daemons.
       | 
       | I have no idea what musk is thinking.
        
         | seanw444 wrote:
         | Fully agree. Open source the platform. Nobody cares to copy
         | Twitter's software. It's not revolutionary. It's tailored to
         | their infrastructure specifically. They have the network effect
         | going for them. If they were going to be displaced by a
         | technologically-superior platform, Mastodon would have done it
         | already. There really isn't a downside.
         | 
         | Let people censor who they want for themselves.
        
       | Starlevel001 wrote:
       | I assume this will mean that if you post the picture of him with
       | Ghislane Maxwell you get instantly banned
        
       | xwdv wrote:
       | As a free speech absolutist, I might actually start using Twitter
       | if it were run by Elon. Unfortunately I'm not terribly optimistic
       | about it happening.
        
         | amir734jj wrote:
         | The same!
        
       | frays wrote:
       | This time last year he was the reason why Dogecoin skyrocketed.
       | Look at where it is now.
       | 
       | Don't let him do this to Twitter.
        
       | kyle_martin1 wrote:
        
       | RivieraKid wrote:
       | This is terrible. A person like Elon Musk should not hold more
       | power.
        
         | laichzeit0 wrote:
         | A person "like" him? What does that even mean? You mean a
         | successful entrepreneur? Or will we instead only focus on what
         | you believe to be any negative characteristics? Do us a favour
         | if you reply: list what is great about people like Elon Musk,
         | and then list what is bad about people like him please.
        
           | RivieraKid wrote:
           | Someone who:
           | 
           | - is deeply dishonest
           | 
           | - manipulative
           | 
           | - narcissistic
           | 
           | - is known to have outbursts of rage during which he shouts
           | and insults employees
           | 
           | - is known to publicly humiliate employees
           | 
           | - has been reported to physically assault an employee
           | 
           | - takes revenge against journalists, Twitter users or divers
           | - the forms of revenge includes doxxing, personally asking
           | the person's employer to get them fired, publicly accusing
           | the victim of pedophilia
           | 
           | - is a narcissistic attention whore who has complained in
           | leaked emails that the media don't talk about him enough
           | 
           | - has no empathy
        
             | laichzeit0 wrote:
             | Ah ok so you deliberately choose to ignore listing all his
             | positive attributes. I can't take your criticisms seriously
             | because it shows wilful bias. You realize half of what you
             | wrote could be levelled against Steve Jobs as well?
        
               | RivieraKid wrote:
               | No, I deliberately chose to not follow your order. And I
               | was actually writing this for other readers, not for you.
        
         | Ekaros wrote:
         | Can't be worse than current leadership or direction of
         | Twitter...
        
           | RivieraKid wrote:
           | He is more competent but also much more likely to use it as a
           | political lever and to gather information and take revenge
           | against people he doesn't like.
        
       | caiob wrote:
        
       | no-dr-onboard wrote:
       | > As an all-cash offer, this generates for the shareholders a
       | substantial return with NO RISK, and so the board has a serious
       | legal obligation to carefully review this offer and make a
       | decision.
       | 
       | What a gut check. I'm sure this is an obvious comment by now, but
       | seeing the board's response to turning down something like this
       | is going to be an olympic level display of mental gymnastics.
       | Exciting times.
        
         | ajaimk wrote:
         | Microsoft + Yahoo comes to mind
        
           | FormerBandmate wrote:
           | Yahoo actually returned more than Microsoft for a while, up
           | until about 2017, thanks to their huge stake in Alibaba.
           | Twitter doesn't have that tho, they're entirely tied to their
           | mediocre product.
           | 
           | Killing Vine was the dumbest thing they ever did.
        
             | andy_ppp wrote:
             | If nobody has noticed, Twitter aren't very good at building
             | software, it's incredibly buggy what they've made, I
             | regularly click on tweets that have a comments count but
             | zero comments. It's seriously glitchy from the
             | notifications to even writing tweets (the MAX chars counter
             | went crazy for me the other day). Don't get me started on
             | editing tweets their logic is terrible here that you can
             | never design a UX that doesn't stop people changing the
             | meaning of their message after the event. Finally the spam
             | is just totally next level and they still have people
             | selling Bitcoin scams under every Elon tweet. Asleep at the
             | wheel.
        
               | scotty79 wrote:
               | > Don't get me started on editing tweets their logic is
               | terrible here that you can never design a UX that doesn't
               | stop people changing the meaning of their message after
               | the event.
               | 
               | What if everyone could see full edit history of each
               | twitt?
        
               | eropple wrote:
               | _> I regularly click on tweets that have a comments count
               | but zero comments_
               | 
               | As far as I can tell, that's because you're blocked by
               | the commenter or the commenter is a private account.
        
               | oneeyedpigeon wrote:
               | True, but... that's still a bug.
        
               | charcircuit wrote:
               | No, this happens to me (less replies shown than exist)
               | and it's definitely a caching issue and I am using the
               | app logged in. I have to literally open twitter in my web
               | browser to try and get those tweets to load unless I want
               | to wait until later for whatever caches to be
               | invalidated. I don't block anyone.
        
               | [deleted]
        
               | LegitShady wrote:
               | I think its related to their efforts to make twitter near
               | impossible to browse if you aren't signed in.
        
               | charcircuit wrote:
               | I'm signed in on the app though so I would think it would
               | be fine.
        
               | wpietri wrote:
               | Correct. In internal Twitter jargon, some data is
               | "perspectival" and some for performance reasons isn't.
               | Actually viewing a tweet is calculated on the fly based
               | on your personal perspective, as honoring privacy
               | settings, blocks, etc, is crucial. But that's not true
               | for counts, so those will be off.
               | 
               | People who find this a shocking and objectionable sign of
               | bugs are generally people who have not build software at
               | such large scales.
        
               | ARandomerDude wrote:
               | It seems like this could easily be solved with "Some
               | replies are hidden. [Settings](https://...)"
        
               | kapp_in_life wrote:
               | >People who find this a shocking and objectionable sign
               | of bugs are generally people who have not build software
               | at such large scales.
               | 
               | This leaves such a poor taste in my mouth. Perhaps the
               | proper UX is to then _not display comment counts_ if your
               | performance/cost tradeoff has determined that you can't
               | display comment counts accurately. For higher comment
               | counts it might be fine where a user isn't expected to
               | read all 5000 replies(ignoring the edge case where its
               | 5000 private/blocked accounts replying), but if a tweet
               | has 2 replies then the user who clicks it expects to see
               | those.
               | 
               | Other large platforms have been able to solve this issue
               | either in UX or implementation, so "web scale" isn't a
               | good excuse.
        
               | wpietri wrote:
               | Personally, I don't think "solving" minor inconsistency
               | by eliminating a feature people like is the best
               | approach. And from the way you talk about it, I gather
               | you're not much of a Twitter user, so maybe you should
               | give some deference to the people more familiar with the
               | problem to decide whether this is a good choice or not?
               | 
               | If you have proof that other platforms have solved this
               | problem at scale, I would be very interested to see it.
               | Fundamentally, those totals are never going to be
               | perfectly correct because a) people will be adding and
               | removing tweets continuously, and b) even if continuously
               | updating the numbers were worth the resources, people
               | would hate having the numbers changing frequently.
        
               | cormacrelf wrote:
               | Yeah, sure, and kill the platform's greatest feature by
               | MILES, which is the comment to like to RT ratio.
        
               | mattgreenrocks wrote:
               | Is this the "ratio" I hear people talk about?
               | 
               | I understand the idea but it feels a little too online
               | for my taste. I'm probably not the target audience. Just
               | feels like someone decided the tea leaves falling a
               | certain way MUST indicate something.
        
               | hk__2 wrote:
               | > Is this the "ratio" I hear people talk about?
               | 
               | Yes.
        
               | kyle-rb wrote:
               | It's not always the case that a high reply/like ratio is
               | someone being "owned", but it's obviously more concrete
               | than tea leaves. Twitter's lack of a real
               | downvote/dislike incentivizes people to reply to a bad
               | post without leaving a like, and in my experience it's a
               | pretty good metric. (The main exception is when a tweet
               | is a prompt that intentionally asks for people to reply.)
               | 
               | Also I feel like I should add that "ratio" is a confusing
               | term, because it _can_ refer to the above example `reply-
               | count  / likes`, but can also be when a reply gets more
               | likes than the tweet it's replying to: `reply-likes / OP-
               | likes`.
        
               | delecti wrote:
               | A tweet you can't see still exists. I think it's
               | perfectly reasonable to display accurate counts even if
               | it's based on information you don't have access to.
        
               | mikepurvis wrote:
               | The click-thru page could then display a clarifying "+ x
               | more tweets that are private or not available at this
               | time."
        
               | ikiris wrote:
               | Today op found out they're the problem lol
        
               | chrisseaton wrote:
               | Lol that's because people have you blocked.
        
             | warning26 wrote:
             | _> Killing Vine was the dumbest thing they ever did. _
             | 
             | 100% this. People are always confused why Facebook was
             | allowed to buy Instagram, and this was, I think, a bit part
             | of why.
             | 
             | Vine was completely destroyed by Twitter's incompetent
             | management, and prevailing wisdom was that Facebook would
             | do the same to Instagram. "Okay Facebook has filters now!
             | Time to shut down Instagram!"
        
               | boppo1 wrote:
               | Wait, you're saying FB was allowed to buy Insta because
               | regulators assumed they'd fumble the ball? That they
               | wanted Insta to die off?
        
               | mikepurvis wrote:
               | I think more just that there was precedent for that
               | type/scale of acquisition.
        
               | majormajor wrote:
               | But Facebook bought Instagram before Vine was a thing,
               | the causality is backward if you're interested in why
               | FB/Insta was approved!
        
             | treesknees wrote:
             | Perhaps it was too early to be a competitor, but I always
             | see TikTok as the real Vine replacement. Short silly videos
             | you can scroll through. They could have done so well with
             | Vine.
        
             | nr2x wrote:
             | Ugh, don't remind me...I loved Vine, and find TikTok awful
        
             | dsl wrote:
             | > thanks to their huge stake in Alibaba
             | 
             | 8.2 million shares of Google didn't hurt either.
        
           | tempnow987 wrote:
           | Exactly what I was thinking of!
           | 
           | To catch folks up MS offered Yahoo $44B in their CHOICE of
           | cash or stock (58B inflation adjusted). Yahoo said no, then
           | imploded.
        
             | sharken wrote:
             | That fate seems unlikely for Twitter, it's right now the
             | go-to place for last-minute info on Putins invasion of
             | Ukraine.
             | 
             | After that who knows. Well, apparently Elon Musk knows.
        
               | flavius29663 wrote:
               | yahoo was the goto place for new email accounts. It was
               | the goto place for instant messaging too. It was also in
               | top # for search and other features. And it still is...
        
               | mempko wrote:
               | Telegram is turning out to be really good at this. Tons
               | of Telegram channels churning out realtime info.
        
               | shawn-butler wrote:
               | Discovery is difficult on telegram
        
               | lumost wrote:
               | reddit is pretty good at up to the minute information as
               | well, it also benefits from topic filters/groupings and
               | moderation.
        
               | tremarley wrote:
               | Reddit is infected with the same problem as Twitter and
               | YouTube though. It use to be a place with free
               | communities and free speech.
               | 
               | But now, if you dare to post anything that doesn't align
               | with what the MSM agenda for the day is. Your comment,
               | post or even your whole sub-reddit gets banned.
        
               | swasheck wrote:
               | > if you dare to post anything that doesn't align with
               | what the MSM agenda ...
               | 
               | i think that this notion has lost its teeth as the MSM
               | has been converted into some boogeyman and/or strawman.
               | MSM certainly caters to an audience, and people are drawn
               | to likeminded people, sometimes deluding themselves into
               | believing that participating in a near-homogenous echo
               | chamber would be an ideal expression of peaceful living.
               | once there, though, they realize that it's still not
               | quite perfect. foxnews not "right" enough for me so let's
               | create newsmax or oan. biden's not "left" enough and so
               | we should have nominated warren or sanders. people are
               | going to disagree and that's fundamentally a good thing.
               | how we disagree is where things seem to have degenerated.
               | 
               | the whole "MSM agenda" seems like an incorrect and lazy
               | narrative. they have agendas and they cater to the people
               | who demand those agendas. i doubt, though, that newsmax
               | employs people to troll my tweets disagreeing with
               | desantis' signing of the florida abortion bill today,
               | reporting them in an attempt to get me banned. the people
               | trying to get me banned are the audience and they believe
               | they're doing the correct thing to advance their cause by
               | attempting to squelch me.
               | 
               | MSM pours fuel on the fire, but they don't start it. same
               | for reddit - it's going to be the collective of people
               | and their ability to tolerate differentiated thinking.
               | they're not brainwashed zombies, they're collectives of
               | similarly-minded people who give in to their predisposed
               | biases as exploited by MSM/social media for profit.
        
               | inter_netuser wrote:
               | >they don't start it.
               | 
               | Yeah, a powerful apparatus that is MSM, would never be
               | used to influence opinions and install beliefs.
               | 
               | > they're not brainwashed zombies, they're collectives of
               | similarly-minded people who give in to their predisposed
               | biases as exploited by MSM/social media for profit.
               | 
               | you ever heard of the 50 cent army? do you think only
               | China has that, doesn't exist in the US?
        
               | swasheck wrote:
               | i'm not saying it doesnt exist, just that it's not as
               | prevalent as people want it to be. i'd argue that even
               | then, most of the time it's an exploitation of biases and
               | not a new installation of foreign beliefs.
        
               | MisterBastahrd wrote:
               | This has literally never been true. Reddit was designed
               | from the ground up to rotate heliocentrically around the
               | whims of moderators.
        
               | [deleted]
        
               | mywittyname wrote:
               | WTF? I see a constant never ending stream of shit on
               | reddit that goes against the "MSM agenda". And those are
               | the types of places are very quick to ban posters.
        
               | maxsilver wrote:
               | > But now, if you dare to post anything that doesn't
               | align with what the MSM agenda for the day is. Your
               | comment, post or even your whole sub-reddit gets banned.
               | 
               | Where on earth does this opinion come from? All sorts of
               | vile stuff gets posted to both Reddit and Twitter, and
               | they rarely-if-ever take any action against it. Certain
               | subreddits will still moderate, but _community
               | moderators_ (users of some sort) generally control the
               | moderation of those places, not Reddit or their staff
               | directly.
               | 
               | And in cases where Twitter/Reddit directly take action,
               | it certainly isn't based on an "MSM agenda", it mostly
               | seems to only happen to limit their legal or financial
               | liability.
        
               | inter_netuser wrote:
               | a lot of subreddits are basically marketing departments
               | of some corporates.
               | 
               | those have paid employee mods where only posts and
               | comments favourable to corporate goals are allowed. not
               | quite the MSM, but I'd guess corporates would want to
               | remain within the prevailing politically correct Overton
               | window.
        
             | throwaway09223 wrote:
             | No, that's not at all what happened.
             | 
             | MS offered $44B for Yahoo inclusive of their almost 50%
             | stake in then pre-ipo Alibaba. At the time, Yahoo's
             | investment in Alibaba was valued at more than their entire
             | market cap (negative valuation for Yahoo's domestic
             | operations, or negative value taking into account tax
             | implications of divestiture of these assets, etc).
             | 
             | Yahoo turned down MSFT's offer. Yahoo then spun off its
             | entire company, keeping the name Yahoo with this spin-off
             | subsidiary. The parent company, now named Altiba, retained
             | ownership of the stake in Alibaba. This is where the ~50B
             | valuation remained.
             | 
             | The spin-off company (valued in the negative by the market)
             | was then sold for $4.5B to Verizon. Altiba retained its
             | $56B market cap during this time.
             | 
             | Yahoo, inclusive of Altiba, out-performed MS's offer. It
             | was a far better deal for shareholders to turn down MSFT.
             | The net value to shareholders exceeded $60B.
             | 
             | There were a lot of poorly written articles at the time,
             | which confused the sale of the subsidiary (YHOO) with the
             | previous offer (for both YHOO and what became AABA) so your
             | confusion is understandable. But this perspective is simply
             | wrong.
        
               | kolbe wrote:
               | You are thinking of the wrong era. We're talking about
               | the 2008 offer to buy Yahoo. Alibaba was worth around
               | $10b when Microsoft offered to buy Yahoo for $45b.
               | 
               | https://www.forbes.com/2007/10/23/alibaba-ipo-pricing-
               | market...
               | 
               | https://news.microsoft.com/2008/02/01/microsoft-proposes-
               | acq...
        
               | throwaway09223 wrote:
               | Alibaba was pre-ipo at the time and did not have a market
               | valuation. The most effective way to estimate a market
               | value for Alibaba at this time is the 2008 MSFT offer
               | itself.
               | 
               | MSFT didn't offer $44B for Yahoo's internet business. The
               | offer was in large part for the Alibaba stake.
               | 
               | Regardless, MSFT priced it all at around $44B, which is
               | less than it eventually was valued at.
        
               | kolbe wrote:
               | There were still private transactions that valued Alibaba
               | far lower that you claim. What justification do you have
               | for your claim?
        
               | iheartblocks wrote:
               | What was the valuation of the private transactions and
               | when were they?
        
               | kolbe wrote:
               | I amend my statement a little: They actually IPOed on the
               | Hong Kong stock exchange in late 2007 before delisting in
               | 2012. They IPOed at $10bn. They traded as high as $25bn
               | the first day. But I have no other data.
               | 
               | https://www.reuters.com/article/tech-alibabacom-ipo-
               | dc/aliba...
        
               | miked85 wrote:
               | I think you mean Altaba.
        
               | throwaway09223 wrote:
               | Probably. I can never remember the spelling.
        
         | xchaotic wrote:
         | As a shareholder of... (checking) 10 shares of Twitter I
         | approve this on financial grounds
        
           | metacritic12 wrote:
           | Shareholders of Twitter might even band together for a class-
           | action lawsuit against the board if they reject the offer and
           | then TWTR falls in price.
        
             | lancewiggs wrote:
             | It's pretty much a given that there will be legal action in
             | situations like this.
             | 
             | The board has fiduciary duty to test is seriously - usually
             | by forming a committee, getting external advice, trying to
             | get a better price and a solid case if they decline the
             | offer. They will likely be advised that this will end up in
             | court one way or the other, and making sure the process is
             | solid is their way of avoiding liability.
        
         | victor106 wrote:
         | Jim Cramer thinks the board has no choice but to reject.
         | 
         | https://www.cnbc.com/2022/04/14/cramer-twitters-board-has-no...
        
           | no-dr-onboard wrote:
           | The Cramer effect is real -> Board bound to approve
        
           | ikiris wrote:
           | So... Cramer has twitter stock.
        
           | warning26 wrote:
           | I was a bit confused about his logic -- is he just saying
           | they should make a counteroffer that's higher?
        
             | RaymondDeWitt wrote:
             | Cramer's take, "If they say, 'we accept,' they're phony.
             | And they're not phonies.", was meritless and had no logic.
        
               | dkjaudyeqooe wrote:
               | He's just describing what a normal board would do.
               | 
               | No competent board would accept an offer lower than
               | recent prices. Remember you only get one chance to sell
               | the whole company.
               | 
               | Shareholders have had numerous opportunities to sell at
               | this price and higher, so it makes no sense to recommend
               | the sale at this price for all shareholders.
        
               | 1adam1200 wrote:
               | >Shareholders have had numerous opportunities to sell at
               | this price and higher, so it makes no sense to recommend
               | the sale at this price for all shareholders.
               | 
               | Plenty of shareholders have sold at the offer price or
               | lower, which is why TWTR was ~$38 pre-Elon.
        
               | bduerst wrote:
               | Right. Too many people are reading the offer literally.
               | 
               | Musk wants to exit his Twitter position, and is using
               | this offer to pump the price before he dumps stock, under
               | the justification of "they rejected my painfully,
               | obviously low offer so now I need to exit".
               | 
               | Except the market has already jumped back down.
        
               | quickthrowman wrote:
               | TWTR closed at 45 today because the market called
               | bullshit on Elon's offer. If the market was convinced by
               | his offer, it'd be within a few percent of $54/share.
               | 
               | There will be no exit liquidity, it'll go sub-30 if
               | anyone catches a whiff of Elon dumping his shares.
        
               | chrisstanchak wrote:
               | Hear that wooshing noise?
        
               | xarope wrote:
               | My thoughts exactly. If the board accepted, minutes
               | before twittering "having perused the contract, Twitter
               | violated one of the clauses and there I am ethically
               | unable to buy the company", he'd dump and make himself
               | another few gazillion dollars richer.
        
               | wwweston wrote:
               | After watching him do the same thing with crypto, it's
               | astonishing to me people aren't taking this explanation
               | for his behavior more seriously.
        
               | beerandt wrote:
               | Goldman supposedly had the stock rated sell @ $30, before
               | recommending the board reject $54.20.
               | 
               | There's a premium expected for a total buyout, but I
               | don't see how they justify ~80% higher than their
               | current/previous rating.
        
               | texasbigdata wrote:
               | If you read the SEC disclosure the "all cash offer" has a
               | financing provision. Not risk less
        
               | dkjaudyeqooe wrote:
               | The share price is at $45, which means the market is not
               | seeing this as a serious offer.
               | 
               | Given a provision like that, you can see why (financing
               | clauses are a convenient escape hatch when making big
               | purchases).
        
               | bb88 wrote:
               | That's just the first couple paragraphs.
               | 
               | > Cramer also warned of potential "personal liability" if
               | the board accepts Musk's offer, which would value the
               | company at around $43 billion.
               | 
               | That seems to be a much stronger argument.
        
               | LegitShady wrote:
               | Potential personal liability either way, so not a thing.
               | 
               | I wouldn't take financial advice from CNN's Jim Cramer.
        
               | nickysielicki wrote:
               | Not really? There's also personal liability if they don't
               | accept Musk's offer given that the market (prior to these
               | movements) valued the company substantially below $43
               | billion.
        
           | [deleted]
        
           | [deleted]
        
         | dang wrote:
         | We detached this subthread from
         | https://news.ycombinator.com/item?id=31028521 (not a moderation
         | issue, just trying to prune the thread a la
         | https://news.ycombinator.com/item?id=31027882)
        
         | FormerBandmate wrote:
         | They are probably going to desperately try to find a white
         | knight, and fail because Twitter lost the mass market years ago
         | and at this point is a platform for rich people to post
         | incredibly vapid, narcissistic takes about politics and society
         | that say nothing.
         | 
         | They could actually make a phenomenal amount off of
         | subscription revenue tho off of that model, doesn't really make
         | sense for any of the FAANG's strategies but I could see it
         | making a lot of money with competent management. Twitter Blue
         | is one of their best ideas in a long time, but should be more
         | expensive and have more features.
        
           | memish wrote:
           | Think they are calling on Bezos? He bought WaPo and that
           | worked out in their mind.
        
           | mortenjorck wrote:
           | There is _so much_ untapped potential in Twitter. An ad-based
           | business model was the only proven option in the late 2000s,
           | but in the era of Patreon, Twitch, Substack, and Onlyfans,
           | the landscape has resoundingly demonstrated that the old
           | wisdom of  "no one wants to pay for content on the internet"
           | is no longer true.
           | 
           | Making something people want to pay for, of course, is the
           | challenge, and Twitter Blue is a very limited start to that.
           | But for the position Twitter has come to occupy in culture, a
           | bold product vision could leverage that to incredible effect.
        
             | delecti wrote:
             | Twitter has _two_ subscription models. In addition to
             | Twitter Blue (which you mention), they also have  "Super
             | Follow", which is more analogous to Twitch/OF
             | subscriptions, in that you pay a bit to a specific creator,
             | so you get a bit of perks from them.
             | 
             | The fact that you don't know about it should say something
             | about how enthusiastically the feature was received. Most
             | creators are probably happier with their existing
             | Patreon/OF platforms.
        
               | tayo42 wrote:
               | Do people really like having everything on one platform
               | like that? Personally I kind of like having things
               | separate and companies just do what they do well.
        
             | jsemrau wrote:
             | Look at the payout model I used at finclout.io There are
             | ways to now ways to reward people for good content that are
             | not ad-based not gifting/tipping.
        
             | truffdog wrote:
             | A lot of Patreons and Substacks are very reliant on Twitter
             | to drive traffic too- Twitter should have a natural
             | advantage in the space.
        
           | andrepd wrote:
           | >at this point is a platform for rich people to post
           | incredibly vapid, narcissistic takes about politics and
           | society that say nothing.
           | 
           | It's clearly not, since it's still one of the largest social
           | networks in the world.
           | 
           | I'm not a fan of twitter or social networks in general, but
           | it's clear that they are used by a teeny hundreds of millions
           | of people more than some celebrities.
        
           | pavlov wrote:
           | There are very few companies that would want to buy Twitter
           | and can afford it. And because of heightened antitrust
           | scrutiny, none of them have any interest in trying when
           | there's a very low chance of clearing such a merger with all
           | the regulators in USA + EU + UK. (The last one even blocked
           | Facebook's acquisition of Giphy. They'd have a field day with
           | Twitter.)
           | 
           | So there probably won't be a competing offer.
        
           | IgorPartola wrote:
           | Can you imagine if they pivoted to an onlyfans model and
           | allowed certain people to charge followers a few?
        
             | jolux wrote:
             | They already did this with Super Follows.
        
               | azinman2 wrote:
               | Any data on how that does? My guess is not that we'll
               | unless the content is richer than just text... and
               | effectively largely becomes Patreon / onlyfans. It's kind
               | of hard to pull that off fully when the rest of the
               | platform is fully free.
        
               | samhw wrote:
               | It's a ridiculous idea because it doesn't have any
               | cultural or product fit. It reads like they looked at
               | Substack, thought "ooh, money, gimme some of that!", and
               | rolled out the same thing for their own product - but a
               | tweet is a couple of hundred characters and _nobody is
               | paying for that_. (Short of the small percentage of
               | pathetic creeps who probably also send money to female
               | streamers just to feel noticed.)
               | 
               | Reddit gold is an example of how to nail something like
               | this, because it was done with tremendous sensitivity to
               | the culture of the site. It's quirky, slightly ironic,
               | riffs on the obvious silliness of a 'gift' that goes 99%
               | to Reddit's coffers, and it's perfectly pitched to the
               | user at the point where they _are already feeling the
               | value_ of Reddit 's product & the other user's content.
               | Twitter's, by contrast, is an example of how _not_ to do
               | it, for the converse of all those reasons and more
               | besides.
        
               | leereeves wrote:
               | There are a lot of politicians, activists, fundraisers,
               | etc who communicate primarily through Twitter but send
               | people to Patreon or GoFundMe or somewhere else to
               | donate. That's an existing culture of soliciting
               | donations on Twitter, and Twitter might be able to become
               | the payment processor for some of those donations, if
               | they do it right.
        
               | yellow_postit wrote:
               | Twitter is for building an audience. Patreon and other
               | platforms are where you best monetize that audience.
               | 
               | Putting both together could be incredibly lucrative but
               | also would be treated very cautiously because of
               | potential deplatforming.
               | 
               | Musk actual commitment to minimal moderation (what my
               | mental model is for his free speech bent) could thread
               | that needle and at the very least be a fascinating
               | experiment to watch from the sidelines.
        
           | archagon wrote:
           | > _They are probably going to desperately try to find a white
           | knight, and fail because Twitter lost the mass market years
           | ago and at this point is a platform for rich people to post
           | incredibly vapid, narcissistic takes about politics and
           | society that say nothing._
           | 
           | Ironically, this suggests that people like Elon Musk are
           | exactly the problem with Twitter.
        
       | fleddr wrote:
       | Twitter is a mob launch pad. It's ran by outrage addicted,
       | sadistic, cruel bullies. It's as if all of the world's village
       | idiots joined forces and became the ruling class in culture and
       | speech.
       | 
       | It is Twitter that has normalized and promoted inhumane tactics
       | like context switching, bad faith discussion, talking behind you
       | to others instead of towards you (quote tweeting),
       | screenshotting, obsessively digging through one's history, mob
       | launches, and in some cases cancellations, death threats, etc.
       | 
       | No normal person engages with another person like this. They are
       | tactics to use when at war, but this is business as usual on
       | Twitter. Worse, it's richly rewarded. It's a place where brains
       | and conversations go to die.
       | 
       | I hope the offer gets accepted, it's not like he can make it
       | worse. Or perhaps he should intentionally make it worse and sink
       | it.
        
         | oneeyedpigeon wrote:
         | You're talking about a specific subset of Twitter. The Twitter
         | I use is 99% positive, good news, friendly interactions. I've
         | gained at least one job directly through Twitter.
        
         | boredumb wrote:
         | It's a nice thought, but 43 billion dollars is a helluva price
         | to pay for an intentional sepoku.
        
         | fleischhauf wrote:
         | while this might be true for most of Twitter, my experience is
         | very different. I've been following researchers mostly and
         | aside from very recently published work there are very
         | interesting conversations or thought threads.so i guess it
         | heavily depends on your Twitter bubble
        
         | runjake wrote:
         | As a counterpoint, you are also describing any large group of
         | people at scale.
         | 
         | On Twitter, you can follow, mute, use lists, or block anyone
         | you want so you don't have to see any of the stuff you don't
         | want.
        
           | zarzavat wrote:
           | If this sale goes ahead it will be interesting to find out
           | Elon Musk's definition of free speech. Is a mob "speech"?
           | 
           | Under one perspective mobs are not speech, they are
           | repressions on speech and thus any free speech advocate ought
           | to want to clamp down on them.
           | 
           | Under another perspective mobs are speech, and should be
           | protected like any other speech.
           | 
           | Neither perspective is wrong per se, it just depends how you
           | interpret the "free" in free speech to refer to freedom from
           | _what_.
        
         | Karrot_Kream wrote:
         | I'm not usually one for this kind of schadenfreude but I find
         | myself agreeing. It really can't get any worse.
        
         | hi5eyes wrote:
         | Sir you are engaging with negative communities, out of your own
         | free time
         | 
         | Twitter, is just how you construct your feed; if you gravitate
         | towards toxic communities/follows, that's just a reflection of
         | yourself
         | 
         | Twitter in my experience has some incredibly informative people
         | from multiple industries and plenty of positive ribbing, but
         | mainly used to collaborate and support each other
        
         | Teandw wrote:
         | People have always engaged with other people like they do on
         | Twitter.
         | 
         | You don't think even before social media there was a world
         | where people spread lies about you, spread hatred and people
         | who would do anything in their power to ruin your marriage,
         | career or life in general?
         | 
         | You just see it more these days because it's more easily
         | visible. It doesn't mean it happens more than it used to.
        
         | javajosh wrote:
         | _> Twitter is a mob launch pad._
         | 
         | True, but you don't have to participate and you can try to stop
         | it, if you want.
         | 
         |  _> It's ran by outrage addicted, sadistic, cruel bullies._
         | 
         | Not sure, but I think this is false. It seems to be run
         | professionally, for profit, and with a great deal of thought.
         | 
         |  _> It 's as if all of the world's village idiots joined forces
         | and became the ruling class in culture and speech._
         | 
         | False, but with a seed of truth: Twitter has undue influence
         | over decision makers because it satisfies their constant need
         | for feedback. Powerful people take Twitter feedback _far_ more
         | seriously then they should. The worst example being businesses
         | that fire people because of a cancel mob to  "protect their
         | reputation". (IMO such cancellations do far more harm to the
         | business reputation demonstrating terrible judgement)
         | 
         |  _> No normal person engages with another person like this._
         | 
         | False. Or rather, you characterize Twitter engagement in one
         | way, and ignore all the other ways. I, for example, enjoy
         | engaging with smart, good people from around the world. The key
         | is to a) be careful about who you follow, and b) give 0 care
         | about likes, retweets, etc. Twitter is not really one place,
         | it's a huge network of places, a bit like Reddit, and so
         | behavior and content varies significantly.
        
           | smoldesu wrote:
           | > False. Or rather, you characterize Twitter engagement in
           | one way, and ignore all the other ways. I, for example, enjoy
           | engaging with smart, good people from around the world.
           | 
           | You don't _need_ Twitter to do that. Arguably, it was easier
           | to engage with the smart, good people from around the world
           | on IRC since it wasn 't through the guise of microblogging
           | 240 characters at one another in public. I think it's
           | perfectly fine to characterize Twitter by it's lowest common
           | denominator.
           | 
           | > The key is to a) be careful about who you follow, and b)
           | give 0 care about likes, retweets, etc.
           | 
           | Sounds like it's a fundamentally broken system then, no? If
           | it's incentivizing toxic engagement and behavior patterns,
           | that's an issue.
           | 
           | > Twitter is not really one place, it's a huge network of
           | places, a bit like Reddit, and so behavior and content varies
           | significantly.
           | 
           | No, it is "one place". There are federated networks similar
           | to Twitter like Mastodon and Pleroma where that _is_ the
           | case, but Twitter is one homogenous userbase, for better or
           | worse. You 're lumped in with the left-wing pundits, the
           | right-wing trolls and everyone in between.
           | 
           | Generally speaking, this comment kinda makes me sad. Nobody
           | needs to take the bullet for Twitter, of all places. It's
           | notoriously shitty by-and-large, and while some people have
           | gotten it to work for them (more power to you), trying to
           | claim it's a universally altruistic platform if you ignore
           | the bad stuff is simply disingenuous.
        
             | javajosh wrote:
             | You are not communicating in good faith, changing my words
             | and their meanings, in an effort to promote your dogmatic
             | view. Ironically it is this, not the platform, that is the
             | root of the problems that seem to bother you. Good day!
        
               | smoldesu wrote:
               | Would you like to highlight the parts that you felt I
               | changed?
        
         | qq66 wrote:
         | I don't intend to refute anything you've written because I
         | agree with pretty much all of it. But there is more to Twitter
         | than that. Twitter is also a collective mind in a way that has
         | only previously existed in science fiction. There are
         | conversations about virtual reality where I regularly engage
         | with people from Europe, Asia, the US, some people who don't
         | really go out of their house but are very active on VR Twitter,
         | displaced Ukrainian developers finding VR development work...
         | and really thought-provoking interactions every week, like a
         | "My Dinner with Andre" in the global hive-mind. I think of
         | Twitter as something like "The Internet" or "nuclear fission"
         | -- a tool so powerful that it can either destroy or save the
         | world, and to just destroy it would be a catastrophic loss.
        
           | r3trohack3r wrote:
           | The human hive mind existed long before Twitter. Very little
           | of a human's knowledge is discovered by them, it's passed
           | from generation to generation. First it was spoken, then
           | written, then typed.
           | 
           | But social media, when looked at through the lens of
           | collective thought, is unwell IMH(umble)O.
           | 
           | I remember participating in old phpBB forums in the mid/late
           | 90s. You'd show up for an hour, read everything that happened
           | over the last few days, go off an think about it, come back
           | later and respond. The conversations were deep and
           | thoughtful, even if the topics weren't. If I sat in a room
           | with someone who thought/behaved like these forums, I'd be
           | comfortable. It would be a good conversation, I'd feel safe,
           | and I'd probably walk away learning something new.
           | 
           | If a physical human thought the way the Twitter hive mind
           | thinks - I'd avoid them. They would be terrifying. Jumping
           | from thought to thought, rapidly transitioning emotional
           | states, unable to focus on a topic for more than a social
           | media cycle, constantly checking to see if people like what
           | they said... The hive mind on many of the popular social
           | media platforms is not healthy.
           | 
           | I don't think this outcome is inevitable when large groups of
           | people come together to communicate. It feels like a
           | byproduct of engagement driven social media - where the
           | flywheel of growth/profits is coupled to humans constantly
           | indicating to the system that they are "engaged" by
           | interacting in some way.
        
           | dsl wrote:
           | > Twitter is also a collective mind in a way that has only
           | previously existed in science fiction.
           | 
           | https://en.wikipedia.org/wiki/Usenet
           | 
           | You might not have been around for it, but we did this
           | before. The same lesson was learned then too... this is why
           | we can't have nice things.
        
             | Tabular-Iceberg wrote:
             | I often wonder if you could make something like a Reddit
             | clone or image board use the Usenet network model.
             | 
             | I imagine that it's hard now that full service ISPs are so
             | rare. Paying extra for access is probably not something
             | many people would want to do, even though it would probably
             | make for more healthy and diverse discourse than anything
             | that always needs to be advertiser friendly.
             | 
             | But the greatest obstacle is probably that many users and
             | service providers would consider the inability to ban
             | someone across the whole network to be a bug rather than a
             | feature.
        
             | jacquesm wrote:
             | Usenet wasn't near realtime.
        
         | chrisseaton wrote:
         | If your Twitter feed is angry then maybe you have angry
         | friends. That's not a reflection on Twitter. Mine has a lot of
         | inspiration and positivity.
        
           | gardenhedge wrote:
           | This is not a good take. Despite who you follow, Twitter
           | shows you random stuff and also shows you the trending
           | section. That section is just full of controversial things.
        
             | oneeyedpigeon wrote:
             | I've personally hidden the trending section - fair point,
             | though. But that was the only time I really saw 'random
             | stuff'.
        
         | dpweb wrote:
         | It needs to be better policed but I sense it's way undervalued
         | being one of the few huge media platforms. It's a smart move.
         | Meta market cap was 1T down to 600B. Other techs market caps?
         | 43B sounds like a bargain.
         | 
         | Just the hype off this, and the excitement that will inevitably
         | follow every tweak to the platform - tens of billions up in
         | value.
        
         | jacquesm wrote:
         | Twitter is who you follow. It may take some configuration but
         | all of the other stuff can - for now - be removed.
        
         | [deleted]
        
         | arrakis2021 wrote:
         | [ "Insert pseudo-intellectual comment about private
         | organizations, town squares, current things, billionaires,
         | democracy, and Nazis" ]
         | 
         | In short, yes. It is a hate-factory that assumes the laptop-
         | class of society is representative of and speaks for all of
         | mankind.
         | 
         | Err, people kind.
        
         | coliveira wrote:
         | I agree that the current crop of social networks is pretty much
         | worse than useless. I wish they all ended so that we can build
         | something better.
        
           | cvwright wrote:
           | Why wait? Let's just build.
        
       | Ekaros wrote:
       | I doubt he will make it actually work, but at least it will be
       | fun show to watch from outside. There will be some changes if he
       | succeeds. And the effects of those should generate plenty of
       | content to follow.
        
       | vernie wrote:
       | This is playing out like the Russian invasion.
        
       | paparush wrote:
       | I think Scott Galloway is right, Elon doesn't add value, just
       | volatility.
        
       | sword_smith wrote:
       | I just realized that we can use the current stock price to derive
       | a probability that Elon Musks offer will be accepted.
       | 
       | Let `cp` be the current stock price; let `op` be the original
       | price, before the offer was made; let `bp` be the bid price, what
       | Musk offered; and let P be the probability that the offer is
       | accepted. Then it must apply that
       | 
       | `cp = op + P*(bp - op)`
       | 
       | Meaning: The current price is the original price plus the
       | probability that the offer is accepted times the stock price
       | premium if the offer is accepted.
       | 
       | => P = (cp - op) / (bp - op)
       | 
       | Plugging in the current numbers gives us a probability of about
       | 50 %.
        
         | ericjang wrote:
         | Good idea, but actually you'll probably want to look at the
         | option markets as well, to take account the exact strike price
         | at which Musk wishes to take Twitter private. If you only look
         | at spot price (i.e. TWTR stock), then you need some way to
         | factor out all the other beliefs market participants have about
         | Twitter (e.g. stat-arb correlations with NASDAQ index).
         | 
         | As of time of writing, the delta on a $55 TWTR call option
         | expiring 2 months from now is 0.297, representing a ~30%
         | probability it will be in-the-money. But you still need to
         | subtract the probability that the share price gets there
         | without Mr. Musk's help.
         | 
         | You can also google "merger arbitrage" on google scholar to
         | find some more maths on the subject.
        
           | sword_smith wrote:
           | Good point. The spot price is definitely not the most
           | accurate measure of this probability. For liquid stocks with
           | advanced derivates it's probably possible to find a better
           | probability using one of those advanced derivatives.
        
         | seanw444 wrote:
         | "It could go both ways, nobody knows how it will play out."
         | 
         | "Let's use math to calculate the probability!"
         | 
         | ...
         | 
         | "It could go both ways, nobody knows how it will play out."
         | 
         | No hate, just thought it was kinda funny.
        
       | bannedbybros wrote:
        
       | zegl wrote:
       | > The takeover is unlikely to be a drawn out process. "If the
       | deal doesn't work, given that I don't have confidence in
       | management nor do I believe I can drive the necessary change in
       | the public market, I would need to reconsider my position as a
       | shareholder," said Musk.
       | 
       | Is he holding his own existing shares as hostage?
        
         | kmlx wrote:
         | 1. selling that much stock will dent investor confidence in
         | twitter.
         | 
         | 2. Musk exiting twitter will again dent investor confidence.
         | 
         | tldr there will be a huge sell-off if Musk's offer is rejected
         | and he follows-up with dumping the stock.
        
           | phailhaus wrote:
           | > 1. selling that much stock will dent investor confidence in
           | twitter.
           | 
           | I don't understand this bit. It's just Elon selling his own
           | shares that he _just bought_ , why would that affect investor
           | confidence? Nothing's changed about the company itself, so
           | the price would just go back to where it was.
        
             | lp0_on_fire wrote:
             | > It's just Elon selling his own shares that he just
             | bought, why would that affect investor confidence?
             | 
             | It could be read by a layman as "He spent a bunch of money,
             | got a look at the internals and realized it was a bad
             | move". In fairness it could also be interpreted as "He just
             | fickle".
        
             | arbitrary_name wrote:
             | Because he bought it with the assumption that his offer
             | would be accepted and he could improve the company.
             | Rejecting his offer opens the door to a world in which
             | Twitter is worth less than what he paid for it: from both
             | Musk's perspective, as well as that of others.
        
               | phailhaus wrote:
               | But if someone rejects your offer, that usually implies
               | it's worth more, not less.
        
               | LegitShady wrote:
               | It depends on why the offer is rejected. You can say "we
               | think its worth more than that" but if your stock is
               | trading $30 down afterward your investors might have an
               | interesting case about your fiduciary responsibility to
               | them.
        
           | Jabbles wrote:
           | Why would the stock go lower than it was before Musk started
           | buying?
        
             | cbg0 wrote:
             | The market is not rational, so anything could happen, which
             | is why you should always assume the worst if you are a
             | cautious individual.
        
             | dehrmann wrote:
             | More information. It takes the usually remote possibility
             | of a generous takeover offer off the table. Musk turned
             | down a position on the board, signaling he thinks the
             | company would be better off private. It arguably shows
             | questionable judgement of the board.
        
             | weezin wrote:
             | Because there is going to be panic selling since everyone
             | knows it will go down if they say no.
        
             | chernevik wrote:
             | 1. The chance that Musk would buy Twitter, non-zero before
             | his purchase announcement and somewhat circulating as a
             | market rumor and thus perhaps part of speculation upholding
             | the stock, would go to zero.
             | 
             | 2. Musk's departure could be read by some as a vote of no-
             | confidence in management by a capable businessman, and that
             | after some conversations with management about strategy.
        
               | [deleted]
        
             | Freestyler_3 wrote:
             | People will bail who bought on the good news PLUS people
             | will bail who hear the bad news but didn't buy with good
             | news.
        
             | ROARosen wrote:
             | Aside from the other reasons mentioned, don't forget
             | hundreds of algos programmed to automatically sell once the
             | price reaches certain low levels - which is bound to happen
             | once large blocks of stock get offloaded.
        
             | akomtu wrote:
             | Because we're in a deep recession. Twitter and other sp500s
             | are going to slide down regardless of what Musk does. He is
             | offering a choice: "I jump the ship and it sinks a bit
             | faster, or I give you a generous evacuation plan and deal
             | with the leaks myself."
        
           | cloutchaser wrote:
           | Yeah, he's given a decent carrot to the current shareholders
           | to sell, and an even bigger stick to beat them to do it as
           | they will lose a lot if they don't sell.
        
             | gitfan86 wrote:
             | The only way they can reject this offer is if they have
             | proof that a bigger offer is incoming.
             | 
             | If they reject and the stock goes down to $20, there will
             | be lawsuits.
        
               | colinmhayes wrote:
               | Lawsuits from who? The shareholders are the ones who are
               | voting here.
        
               | zwily wrote:
               | Lawsuits by the shareholders suing the board for not
               | accepting the offer. Happens all the time.
        
               | Tepix wrote:
               | It's not for the board to decide if they accept the
               | offer. It's the shareholder's decision.
        
               | trashburger wrote:
               | Not if it's a cash offer.
        
               | zwily wrote:
               | Ultimately that's the case. But the board may decide to
               | reject the offer without doing a shareholder vote.
               | (That's probably what they will do). That's when the
               | shareholders sue.
        
       | duxup wrote:
       | I don't know what anyone means by "free speech" sometimes.
       | 
       | Often I think it is just "I get to say what I want." but beyond
       | that they've no idea.
        
         | the_doctah wrote:
         | Yes, the people who run these platforms don't have any idea
         | what it means either.
        
           | duxup wrote:
           | I don't think they offer "free speech" it's just not what
           | most any site offers.
        
         | seanw444 wrote:
         | In the literal sense, it would be banning _zero_ content. Not
         | even gory, adult-themed /non-family-friendly content.
         | Personally, I'm all for that. You can't have good without bad.
         | Giving more freedom means giving it to bad actors just as much
         | as good actors. That's just something people can't seem to come
         | to terms with.
        
           | duxup wrote:
           | I think the scale of automation and spam is far larger than
           | any given individuals at a keyboard.
           | 
           | The "anything goes" forums are hardly the land of free speech
           | and different views / ideas.
        
             | seanw444 wrote:
             | I left out the "spam" from my comment, because I agree,
             | automated spam detracts from conversation. That's something
             | I think 99% of people can agree on. But banning someone for
             | mentioning firearms, or their skepticism of <insert-latest-
             | corporate-media-push-here> is crazy to me. Same with people
             | talking about their sexuality or whatever liberals do these
             | days. Nobody gets banned for saying what's on their mind.
             | And it's not the platform's job to prevent people from
             | getting their feelings hurt.
        
           | zionic wrote:
           | This. I'm tired of this woke paternalism that's infected
           | modern social media.
           | 
           | Uncensored is the future, for everything.
        
             | duxup wrote:
             | Have you tried any of the forums or etc that are entirely
             | un-moderated?
        
               | zionic wrote:
               | Of course not officer. I would never venture out into
               | such dangerous places.
        
       | blinded wrote:
       | Nothing would compel me to use that junk site.
        
       | dgudkov wrote:
       | I bet some of those who advocated "it's a private company, it can
       | deplatform whoever it wants" are probably re-thinking their
       | stance on deplatforming from a major social media.
        
         | [deleted]
        
         | x86_64Ubuntu wrote:
         | Not really. When moderation goes away, platforms become rife
         | with racism, spam, scams and less than desirable actors. We've
         | seen this with Gab and Parler.
        
           | Manuel_D wrote:
           | I think that's more of a product of displacement. Those
           | people get pushed out of big sites into smaller free-speech
           | absolutist platforms. Thus, the proportion of these actors in
           | the latter is much higher. Loosening moderation on a big
           | platform would not have this same displacement dynamic. Sure,
           | previously excluded people might rejoin but the bulk of the
           | user base will remain. So there's no drastic shift on
           | proportions here.
           | 
           | Furthermore, there's a difference between totally doing away
           | with moderation and pruning some of the more ideologically
           | slanted moderation policies at twitter.
        
             | x86_64Ubuntu wrote:
             | >... Sure, previously excluded people might rejoin but the
             | bulk of the user base will remain. So there's no drastic
             | shift on proportions here.
             | 
             | Advertisers will not want to see their ads featured next to
             | a post calling for the genocidal extermination of a race.
             | When you allow Gab/Voat/4-chan style moderation, you run-
             | off advertisers which are the lifeblood of social media.
        
               | Manuel_D wrote:
               | Most advertisements in Twitter are in the form of
               | sponsored posts right? This isn't like YouTube where an
               | ad is displayed embedded in a video.
        
           | jstream67 wrote:
           | but twitter is already all of those things.
        
           | indiv0 wrote:
           | Eh that's a bit of a different mechanism. If you bootstrap a
           | platform from 0 users with the _core_ concept being a lack of
           | moderation, then you 're likely to attract those who have
           | been banned, excluded, or otherwise ostracized from existing
           | platforms. This happens because those who support lack of
           | moderation but still have a choice to remain are likely to
           | remain on the existing platforms due to network effects.
           | 
           | Whereas if you start with the popular platform and
           | progressively remove moderation, you end up with different
           | effects, because you still have the core, non-bad-actor
           | population. That is, if your signal-to-noise ratio goes down,
           | but the absolute amount of interaction with your platform
           | increases, it may still be worth it.
        
             | starlust2 wrote:
             | The point of reducing moderation is to allow the bad actors
             | back in. Musk has been very vocal about supporting all
             | speech regardless of impact.
        
               | jesusofnazarath wrote:
        
               | indiv0 wrote:
               | That may be _one_ of the effects of reducing moderation,
               | but not necessarily the only one.
               | 
               | It may also reduce chilling effects on good actors. Some
               | speech may be worth sharing but may not currently be
               | shared because of those effects.
        
             | nialv7 wrote:
             | > Whereas if you start with the popular platform and
             | progressively remove moderation, you end up with different
             | effects, because you still have the core, non-bad-actor
             | population.
             | 
             | Pretty sure that will just let bad actors back in and drive
             | the good faith users away. You could be underestimating the
             | number of normal users a single bad actor can drive away.
             | 
             | Even when you remove the more centralized moderation, there
             | still have to be some mechanism there to remove the bad
             | actors.
        
           | coolso wrote:
           | Why does everyone think Elon Musk wants zero moderation? He
           | always talks about free speech, not zero moderation. There's
           | an important difference.
        
             | x86_64Ubuntu wrote:
             | Do we ever hear people talk about "free speech" without
             | regards to someone being moderated off of a platform? The
             | only reason we have talking points such as Facebook/Twitter
             | = Utility/Town-Square is because right-wingers were being
             | moderated off of digital platforms. Before recently, no one
             | really cared unless it was something such as a child
             | wearing an offensive t-shirt at school.
        
               | MrStonedOne wrote:
        
           | RedBeetDeadpool wrote:
           | So create free market plugins to filter based on preferences.
           | 
           | Imagine: scam protection plugin. spam protection plugin. anti
           | racism plugin.
           | 
           | Let users vote who gets ears. If users say they want to
           | silence racists, by saying racists things a user ends up
           | being blocked by all the people who want to silence all
           | racists. Users then vote and racists know that
           | algorithmically they cannot heard because they know the
           | majority have silenced them. But they also aren't enraged
           | that they are being silenced because they aren't. They're
           | just blocked by the user base who doesn't think their words
           | have value.
           | 
           | If twitter does not allow as much free speech as possible,
           | that speech simply ends up moving to other platforms anyways.
           | So much to all the pro censorship crowd's chagrin, their
           | censorship isn't actually doing anything except protecting
           | their ears from hearing what they don't want to hear, and in
           | reality making the other side band together even more
           | fiercely. Might as well keep all the speech and just allow
           | people to choose their own protection.
           | 
           | You never have to listen to them if that's what you choose.
           | Let people choose what gets silenced instead of letting some
           | authority choose for you. Giving up that power has
           | historically lead in only one direction, and I don't see why
           | its any different in this case. Adults are not children. Let
           | them discern what is right and what is wrong.
           | 
           | The only way forward is to keep free speech available, and we
           | can keep it and have protections for those who want it, so
           | why not?
        
             | codyb wrote:
             | Cause that's what I want to do with my free time... install
             | plugins operated by... who knows... to filter out the
             | blatant racism I don't even have to see if I just don't use
             | the website.
             | 
             | But... I don't use social media, so maybe I'm not the one
             | this would appeal to.
        
               | RedBeetDeadpool wrote:
               | You wouldn't have to install them. They would be toggled
               | on in the app by default with a modal or some
               | notification ensuring you know what you're being
               | protected from.
               | 
               | If you are okay with the default protections, closing
               | that modal is one [x] away.
               | 
               | If for some reason you _want_ spam, then toggle it back
               | on.
        
           | diebeforei485 wrote:
           | I think "moderation going away" is a gross exaggeration of
           | what Musk has said he wants.
           | 
           | Twitter has had spam and crypto scams in replies for years
           | now. Every tweet by Elon Musk has had scammy fake giveaways
           | that steal people's financial info, from accounts that copy
           | his profile picture and name. Anyone would agree Twitter's
           | response has not been adequately effective, and he has
           | complained about this for a while, and even said during
           | today's TED event that he wants to stop this sort of spam.
           | 
           | If anything, I think it's more likely we'll see hardcore
           | engineering efforts - I'm not sure why Twitter hasn't looked
           | into some sort of perceptual hashing database for profile
           | pictures of popular accounts, and hide replies from anyone
           | who uses a similar profile picture.
           | 
           | This is obviously different from the political censorship,
           | such as Hunter Biden's laptop, where I think Musk strongly
           | disagrees with current leadership.
           | 
           | Parler/Gab failed in having approximately zero engineering
           | efforts to prevent spam.
        
           | CivBase wrote:
           | While I'm not necessarily disagreeing with that assessment, I
           | think those examples of Gab and Parlor are weak. Those
           | platforms were essentially created and marketed specifically
           | to individuals and groups who were kicked off of other
           | platforms. That demographic will naturally include a much
           | higher proportion of "less than desirable actors".
           | 
           | Many of the largest platforms featured much less moderation
           | in their past - even when they were much larger than Gab or
           | Parlor - while also enjoying a smaller proportion of "less
           | than desirable actors". Of course, whether that level was
           | acceptable is debatable. Free speech is a double-edge sword
           | and moderation is an astoundingly complex problem.
        
             | bduerst wrote:
             | Gab, Parler, Voat, et al are marketed as forums with lax
             | moderation.
             | 
             | The flavors of prejudice that they attract are the direct
             | result of their function. Platforms that start to grow
             | large without controls against hate and other bad actors
             | simply do not continue to grow.
        
           | tonguez wrote:
           | "When moderation goes away, platforms become rife with
           | racism, spam, scams and less than desirable actors."
           | 
           | so... Twitter
        
             | colordrops wrote:
             | Twitter is heavily moderated.
        
               | _-david-_ wrote:
               | Twitter is heavily moderated but has a large amount of
               | "racism, spam, scams and less than desirable actors".
        
         | fknorangesite wrote:
         | This is extraordinarily vague, and so the replies to you so far
         | have had to guess at exactly what you mean. Care to explain
         | more clearly?
        
         | kizer wrote:
         | Someone noted this in a thread on Reddit. Will be very funny to
         | see the political spectrum reflect on this; suddenly many
         | crying first amendment will be taking the position you quoted
         | while some of those there now will may perhaps argue for
         | Twitter to become a subsidiary of PBS (joking).
        
         | bena wrote:
         | It seems to me that you are implying that the people who
         | previously defended twitter's decisions to ban certain public
         | features may not fare so well under a regime managed by Elon
         | Musk.
         | 
         | Everything that follows is based on that inference.
         | 
         | There are two major possibilities here. Either Musk lets
         | twitter continue much in the same manner as it operates today.
         | In which case, nothing really changes.
         | 
         | Musk operates twitter as his personal bullhorn, promoting
         | beneficial tweets and removing tweets that are critical of him,
         | his companies, his ideals, whatever. All of which would be his
         | right to do. However, all actions have consequences.
         | 
         | Twitter isn't twitter because it was ordained from on high as
         | _the_ service to spit hot takes in 140 characters or less.
         | Twitter is twitter because of everything twitter did. From the
         | initial concept, to the pivoting to whatever the hell  "micro-
         | blogging" is, to letting people say mostly whatever, to the
         | various standards they've implemented over the years. All of
         | that makes twitter what it is.
         | 
         | If twitter just becomes "Elon Musk's dream platform where he
         | can shit post all day and no one can say shit to him", that's
         | entirely something else. Most of the people left on twitter
         | would be Musk and people who want to follow him.
         | 
         | Like how the crowd shifted from Slashdot to Digg to reddit.
         | From Friendster to MySpace to Facebook. Something will come
         | along and supplant twitter.
         | 
         | So, I believe the people who "advocated "it's a private
         | company, it can deplatform whoever it wants"" are going to be
         | fine with their stance. Because if Musk changes twitter into a
         | shithole, no one is going to want to stay regardless.
        
         | weeblewobble wrote:
         | Why would you assume that? If Elon buys twitter and starts
         | banning everyone with pronouns in their bio I think that would
         | be bad and stupid but it wouldn't be a free speech issue.
         | People would just go elsewhere. Everything would be fine.
        
           | gwright wrote:
           | > it wouldn't be a free speech issue
           | 
           | It really hinges on what you mean by the phrase "free speech"
           | when there is no clear context.
           | 
           | It is true that in the context of US lawmaking, the free
           | speech rights specified in the 1st Amendment are in play.
           | 
           | But there is the concept of free speech outside that context
           | also. For example the editors of a newspaper being inclusive
           | of viewpoints in the "Letters to the Editor" section or a
           | radio show being inclusive of viewpoints from callers or a
           | website operator being inclusive of viewpoints in public
           | comment sections.
           | 
           | I think there is value in advocating for inclusiveness in
           | those (and other) contexts and labeling that idea "free
           | speech" but I don't think it has to be "absolutely no
           | moderation or restrictions". There is room for an editorial
           | policy in those places and there is room to criticize any
           | particular policy that some entity might put in place as not
           | being supportive of "free speech" even when there is no 1st
           | Amendment context in play.
        
         | nonethewiser wrote:
         | Re-think? No. Move goalposts to "Twitter has no progressive
         | bias" ? Yes.
        
         | bduerst wrote:
         | Nah, the people who advocate that private platforms reserve the
         | right to censor themselves tend to know what the 1st amendment
         | means regarding government censorship.
        
           | mardifoufs wrote:
           | I think they were referring to the fact that "it's a private
           | company" is usually used in response to any moderation
           | complaints or accusation of censorship. Yes, everyone know
           | the first amendment only applies government to the government
           | but it does not mean a private corporation cannot censor or
           | is immune from complaints on it's moderation policy. But now
           | that it's been used as a way to deflect criticism or excuse
           | any excess on what's deemed acceptable by one side, it will
           | be funny to figuratively see the leopoards eating their
           | faces. At least I think that's what the parent comment meant.
        
             | bduerst wrote:
             | >Yes, everyone know the first amendment only applies
             | government to the government but it does not mean a private
             | corporation cannot censor or is immune from complaints on
             | it's moderation policy.
             | 
             | Not really. There's a certain political party who seems to
             | want to redefine private companies as public commons, all
             | because they don't like their hate speech being censored.
             | 
             | There's nothing different here wrgt to a private company
             | deplatforming whomever they want, because the laws apply to
             | government organizations, not private. Eluding that they'll
             | change their tune here isn't really that enlightening.
        
               | max599 wrote:
               | >Not really. There's a certain political party who seems
               | to want to redefine private companies as public commons,
               | all because they don't like their hate speech being
               | censored.
               | 
               | no, it's because it actually became the new public
               | commons. That's where most gets their news, meet people,
               | organise events, find jobs, etc. Politicians and
               | organisations are now using it as their main mean of
               | communication.
               | 
               | How do you think the 2020 election would have gone if
               | twitter + facebook + reddit decided after 2016 that most
               | anti-trump posts should be removed from the platforms for
               | misinformation and instead they promoted anti-Biden
               | content? I think they could easily have made him won by a
               | landslide
        
               | xanaxagoras wrote:
               | The main gripe isn't that hate speech is being censored,
               | although personally I don't think it should be. We
               | complain about Twitter because anything to the right of
               | Stalin is a potential censorship target, depending on
               | Twitter's editorial marching orders for the day.
               | 
               | edit: I'm a little disappointed in myself for
               | thoughtlessly going along with your framing. There's no
               | such thing as "hate speech".
        
           | max599 wrote:
           | > 1st amendment means regarding government censorship
           | 
           | that's just a loophole from people who have no argument so
           | they go with the [legal in the US = Moral]. Just because the
           | modern "public space" is now private, it doesn't make it any
           | less bad when the group in charge arbitrairely ban groups of
           | people based on politics, opinion, etc.
           | 
           | whether you like it or not (I hate it personally), the vast
           | majority of the news and opinions that people consume today
           | comes directly or indirectly (eg. linking an NYT article on
           | facebook) from a handful of social media companies. It's
           | getting even worse now that organisations and politicians are
           | using social media platforms as their official channel of
           | communications
           | 
           | I think we have a similar problem with email accounts.
           | Getting your gmail account banned can really fuck your life
           | and sooner or later something will have to be donne to
           | protect people (eg. force them to a have a proper appel
           | system or to hand over all your data +forward your emails for
           | a while after they kick you out).
        
         | aeturnum wrote:
         | I think it's interesting to note how differently people see
         | this conversation!
         | 
         | > _advocated "it's a private company, it can deplatform whoever
         | it wants"_
         | 
         | To me, this compresses several conversations into one:
         | 
         | - In the US, the first amendment applies to the government, not
         | to private actors, so companies do not need to allow any
         | particular person on their site (with the provision that it's
         | illegal to ban people because they are part of a protected
         | class).
         | 
         | - The idea of a "public square" is in flux and we are in the
         | midst of trying to figure out what areas of our interactions we
         | would like to consider public and what the advantages and
         | disadvantages each approach are.
         | 
         | - The tactic of urging private companies to ban certain people
         | for certain reasons as practiced by many groups (often with
         | different justifications).
         | 
         | Different groups have different interests at each level and
         | have different preferences as to how policy should change. In
         | some sense, your statement of: "I bet some of those who..."
         | will always be correct because of course *some of them* will! I
         | have a guess about how you feel about the above issues (and
         | other involved issues that I didn't break out), but I'd be
         | interested to have you expand what you actually mean.
        
       | throwawaymanbot wrote:
        
       | Vladimof wrote:
       | How common are bids solicited?
        
       | Vladimof wrote:
       | I hope that it succeeds and that the effects trickle down the
       | whole industry.
        
       | metalliqaz wrote:
       | Twitter has immense influence on the zeitgeist than any other
       | single media property. For a person like Musk, $43B is an
       | investment that would pay for itself in short order by the
       | various kinds of market manipulation he could engage in. He has
       | cheated so many times without consequence. Why not take it to the
       | next level? Pump and dump, favorable sentiment for his companies,
       | signal boosting his pocket politicians, and so on. Truly
       | frightening.
        
       | honeybadger1 wrote:
       | I appreciate this man.
        
       | nojs wrote:
       | Why is the market cap of Twitter so low (not even 10% of fb)?
        
         | Ekaros wrote:
         | It is not actually generating much of net income. Or even
         | losses money.
        
         | actuator wrote:
         | Facebook has two social media applications, one chat product,
         | Oculus etc. They are more diversified than Twitter.
         | 
         | Also, the simple reason is profit. Unlike Twitter, FB makes
         | very high profits on 25x revenue of Twitter
        
         | HWR_14 wrote:
         | Twitters ads never generated as much as facebooks, and FB
         | offered as services on 3rd party websites.
        
       | qualudeheart wrote:
       | Good old activist investing. Carl Icahn would be proud.
        
         | mardifoufs wrote:
         | Activist investors almost never buy the entire company
         | outright. The objective is to buy enough stock to have
         | influence on the board, pressure them to make changes that they
         | think would be beneficial and then sell. I think the last time
         | twitter was targeted by actual activist investors, they never
         | bought more than 5-6% of the stock but that was enough to force
         | Dorsey to make changes.
        
           | MrMan wrote:
           | one has to wonder why those dumb old economy guys have never
           | taken twitter apart and tried to turn it around like Musk
           | proposes? they are probably too dumb
        
             | Iolaum wrote:
             | what works for Musk does not necessarily work for other
             | people too
        
               | MrMan wrote:
               | I see his number one publicly visible skill as being a
               | great shill and a master marketer. I agree that not
               | everyone can do this. but is it possible there are skills
               | that people at activist hedge funds have that Musk and
               | his team may not have in equal measure?
        
               | Ekaros wrote:
               | Yeah, any other person or company unlike Tesla wouldn't
               | be able to fuel the levels he does... I really don't
               | understand that, but thankfully I don't have enough money
               | to bet against him...
        
             | toomuchtodo wrote:
             | > they are probably too dumb
             | 
             | On the contrary. They were making investments. This is
             | Musk's version of buying a yacht, but one that amplifies
             | his persona and increases his wealth. Matt Levine talks
             | about this in detail in his most recent Money Stuff piece.
        
               | qualudeheart wrote:
               | I think Musk has political goals.
        
             | mcintyre1994 wrote:
             | Has he actually proposed anything that we know of? Other
             | than his polls I guess? I saw one for an edit button and
             | one to remove the w from the name.
        
       | bfgoodrich wrote:
        
       | rvz wrote:
       | Good. Twitter is actually dying [0] (and Musk knows it [1]). For
       | its survival it needs to be saved from itself, by taking it
       | private.
       | 
       | Well done to Musk for doubling down.
       | 
       | [0]
       | https://www.pewresearch.org/internet/2021/11/15/2-comparing-...
       | 
       | [1] https://news.ycombinator.com/item?id=30973239
        
         | fpo wrote:
         | I don't understand how [0] suggests Twitter is dying. Is a
         | power law distribution of content production on a social
         | network that strange? What % of HN comments come from the top N
         | accounts? Is Twitter lying about growing user numbers?
        
       | crocwrestler wrote:
       | Fantastic. Hopefully it will get rid of the deranged wokies that
       | rule our current media landscape.
        
         | gigantecmedia wrote:
         | truth! very excited about Twitter's future after hearing about
         | this.
        
           | toiletfuneral wrote:
        
         | CyanDeparture wrote:
         | I think Elon Musk is a free speech absolutist, so woke people -
         | or who are against social injustice and racism - will remain on
         | Twitter. (Which I personally think is a good thing.)
        
           | emerged wrote:
           | You left out the qualifier "except when the social injustice
           | and racism are against whites, males or heterosexuals" which
           | is why people don't like woke.
           | 
           | Of course you know that but still typed your post
           | disingenuously.
        
             | [deleted]
        
         | weakfish wrote:
         | Could you provide a beneficial contribution besides writing
         | 'deranged wokies' ?
         | 
         | Comments like this add _nothing_ and just make people angry at
         | each other.
        
       | mkl95 wrote:
       | > Billionaire entrepreneur Elon Musk offered to take Twitter Inc.
       | private in a deal valued at $43 billion, lambasting company
       | management and saying he's the person who can unlock the
       | "extraordinary potential" of a communication platform used daily
       | by more than 200 million people.
       | 
       | That's intriguing. Twitter's user facing APIs have been pretty
       | stale in the last decade or so, in fact it could be said that
       | they have regressed. If you regularly use something like Slack
       | then it's easy to see how Twitter have wasted 1000s of
       | integration opportunities. With the right direction it could
       | become an exciting platform again. I don't think Musk intends to
       | do anything like that, though.
        
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