There’s so much wrong with your understanding here…so I’ll just point out that you’re talking about Twitter as if it’s still a public company, it’s not.

Also, Twitter was never profitable, and it was likely never going to be profitable. But there’s a big difference between their losses and projections before Musk, and after.

If “lines goes up” meant things get better for the customers, the employees, and the world in general, then people would be cheering it on. Usually it means it gets worse for at LEAST one of the three, and sometimes all 3.

Here, “line goes down” is following Twitter getting worse for the customers, the users, the employees, and the world in general. So people will cheer as it crashes.

Twitter has 1.3 Billion / in interest payments alone as it took on $13,000,000,000 in debt for the honor of being bought out by Elon Musk.

The owners of that debt have been quaking in their boots all last year. As Bankruptcy proceedings would make them the new owner of Twitter.

Note that Twitter made $5 Billion revenue on its best year, and that’s likely halfed or worse.

EDIT: $5 Billion revenue on its best year. Far less today and you still have all the OTHER costs going on. I’m sure Elon will prop up Twitter with Tesla ads or something but Twitter cannot stand by itself anymore.

I thought Twitter’s infrastructure was going to collapse within weeks after Musk made all those cuts and changes. I was obviously wrong because Twitter’s infrastructure didn’t collapse. I’m not speaking to the user experience on Twitter but from a purely infrastructure perspective, Musk was right and I was wrong.

Or right-wing fascists

Whatever wing willing to pay, honestly.

EDIT: I rarely see the voting system of lemmy for a reason. I find it cute, this reaction to the mere comparison between so-called “wings” in the American political system. Both, republicans and democrats, are two sides of the same coin.

Ah, ok, 27% -> 19%, an 8% YoY drop, and the numbers were obtained using identical methodologies across multiple years. Yeah, I agree, seems to check out.

Still, there are definitely a shitload more bots than there were before.

https://edition.cnn.com/style/vietnam-farms-jack-latham-beggars-honey/index.html

If people set up their own instances with 100% LLM bots how would we even know they are bots to defederate? The AIs are too realistic. Only giveaway would be the ones dumb enough to make accounts post/comment 24/7 with seconds between each comment.

Any time something gets too big it gets bots

Dead internet theory, summed up in a sentence

He got rid of like 80% of the staff. I doubt he has a functional team who can even tackle the problem.

I think the focus on bots was primarily used in an attempt to back out of the deal. It was never an issue, especially if it inflated his ego by pumping up his account.

Are there enough using it?

Yeah, I had a Twitter account but rarely used it. Shortly after Musk took over, his account was in recommendations and his tweets were in my feed, even though I’d NEVER seen them before.

I blocked him.

He remained at the top of my recommendations.

I think I even occasionally saw his posts when they were retweeted or something by someone I didn’t even follow, because the retweet was trending, I guess?

That’s when I deleted my account.

Oh yeah, the flat earthers, the pictures with lens flare on it being proof of “planet X” and other insanity? The best comedy I’ve ever seen.

Genius, i say! The man’s an absolute genius!

Obviously. Some people say trump should run a social media platform. More and more.

It’s only fair.

To the Mayan people X makes a ‘sh’ sound. That’s the way I pronounce it. Now and forever.

Xitter, I mean Shitter. I still pronounce the letter X normally.

Xchan

Xcrement

I’ve seen “xeet” from people outside of Twitter. Not sure what an X person would say. It’s pronounced “shit” or “sheet”.

Login to view started before Musk took over, FYI. I distinctly remember avoiding Twitter to spite them in those days.

Quite a few Tumblr refugees still I’d imagine. Shame mastodon and Lemmy weren’t ready yet back then.

Also twitter is still one of the biggest platforms for sharing art in general, if you want the large audience, you kinda have to be there.

Pretty much he wants to turn X/Twitter as WeChat’s clone for the West.

As WeChat is both a messaging and payment app used by a couple of hundreds of millions of users in China where people can send money, split bills, pay, etc. using the app.

Visa and MasterCard are extremely profitable companies enjoying really high margins and having very little competition. And this is very lucrative business:

66% operating profit margin for Visa and 55% for Mastercard (four-year average). 51% net profit margin for Visa and 45% for Mastercard (four-year average). 50% per annum return on capital employed for Mastercard and 21% per annum for Visa (11-year average).

There’s also the poor kid that he named ‘X Æ A-12,’

obsolete? say that after trying wayland on an nvidia card.

And O’s!

This article is a survey of Americans, not a computerized search.

Unless a number of bots answered the telephone survey, I think the stats here are legit.

I’m taking note of all the prominent individuals and organizations which chose to remain on the fascist platform and thus implicitly support it.