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What Will Elon Musk Do With Twitter?
What will Elon Musk do with Twitter? After his recent tweetstorm caused twitter shares to plummet, this article outlines his plans for the social network. While some of his proposals are related to his business, others are more personal, reflecting his views on free speech and open source software. For example, he wants to get rid of crypto spam bots, which promote cryptocurrency-based scams using his Twitter likeness.
Elon Musk’s tweetstorm sunk twitter shares
After tweeting that he had funding to take Tesla private, Elon Musk’s latest news has put Twitter’s deal in jeopardy. Musk has cooled off his talks with potential investors after the bot controversy. See the article : How to Download Twitter Video From the Internet. Meanwhile, Twitter’s share price plummeted. The company halted hiring, and announced layoffs of up to 30 percent of its talent acquisition team.
A Reuters article cited Twitter’s latest securities filing, which showed that less than 5% of the company’s 229 million users in the first quarter of 2022 will be fake accounts. Musk’s tweetstorm fueled the already-highly volatile Twitter share price. In the end, Twitter shares fell nearly 10% on Monday, the worst day since the CEO revealed that he owns the company.
Elon Musk wants to make twitter’s algorithm and code open source
During his April TED talk, Elon Musk outlined his desire to open source Twitter’s algorithm and code. He says that releasing Twitter’s code and algorithm would help the public understand what the platform is doing and what changes it makes. This move would also allow anyone to check for errors and suggest changes. To see also : What is the Use of Twitter?. The idea is virtuous in many ways. But it could have unintended consequences.
Open sourcing algorithms can help improve transparency but there are many risks, including that amateur parsing of the algorithm may be a problem. It might not fix the biases that are causing people to see content that they don’t want to see. This will also be viewed through a political lens. The recent Twitter research has revealed how the algorithms favor right-wing content. The issue has become a lightning rod for political debate.
Elon Musk wants to make twitter a less-moderated forum
Elon Musk wants Twitter to be less moderated, but what exactly does that mean? Twitter users are divided over this issue. Some want to see more moderation, while others fear that it will encourage disinformation and censorship. On the same subject : How to Unsuspend a Twitter Account. Some believe that Musk’s plans are good for Twitter, but others fear that they could make the platform even worse for the general public. Here are three possible solutions.
First, he says, we need to recognize that “free speech” means something different to everyone. People do not necessarily have the freedom to reach their full potential. While Elon Musk has been vocal about his support for free speech, it’s important to realize that people’s freedom of speech doesn’t necessarily mean that they are free to express themselves. So, the best way to keep a balance between freedom and moderation is to create a system where users are more empowered to share their opinions and ideas. This is why he wants to change Twitter so that it will be more user-friendly.
Elon Musk wants to re-establish Trump’s twitter account
The Tesla billionaire is in the process of buying Twitter and has pledged to restore the suspended account of former US President Donald Trump. The ban on Trump’s account on Twitter has not only weakened the former President’s voice among the right but also limited his reach. Musk’s decision to reinstate Trump’s account could help him regain his former political power and boost his brand name.
In a tweet on Tuesday, Musk said he hopes to change the rules to restore the account. But this will be an uphill battle. The former president has yet to speak with Musk. Musk and his co-founder Jack Dorsey said that Twitter should reserve permanent bans for scammers and bots. Musk did not address why Trump would want to reinstate the account, but he is firmly behind Musk’s argument.