On Fri, 4 Nov 2022, Richard Guy Briggs wrote:
I'm not saying [twitter] isn't but why was it valued so high? (That's
rhetorical.) Even if it loses money, it is still likely be quite
valuable to Musk as a tool to facilitate other goals.
Any social media property/corporation is only valuable as long as
bazillion target users are engaged, giving up their privacy, and reading
ads or content that the owner wants to influence them with.
And users are free to trivially disengage or leave, as they have on other
social media in the past.
Nothing else matters.
Of course U.S. government TLAs may value a social media property which has
bazillion users spilling every moment of their lives and being
geo-tracked. Who's to say an agency doesn't have a hand in the current
twitter situation?
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