TWITTER FAILURE

One suspects Musk is at a crossroad. He will either sell X at a loss or figure out how the forum can provide a service to the public for which it is willing to pay.

Books of Interest
 Website: chetyarbrough.blog

“Extremely Hardcore” (Inside Elon Musk’s Twitter)

By: Zoë Schiffer

Narrated by: Jame Lamchick

Zoë Schiffer (Author, senior reporter at “The Verge”, freelance journalist, experience as a tech content manager.)

Zoë Schiffer’s “Extremely Hardcore” is a send-up of Elon Musk’s takeover of Twitter. Elon Musk believes in freedom of speech with a commitment that results in the dismantling of Twitter. What Schiffer makes clear to some who listen to her book is that the failure of Twitter is not because of Musk but because of the ideal of free speech.

Musk made an error in trying to shift Twitters’ income source from advertising to users. Only with advertiser revenues could Twitter pursue the ideal of free speech.

Musk’s task should not have been to do what has not been possible because of the nature of human beings. Free speech is a laudable but unachievable goal because human beings are influenced by the way they are raised and the experience of living. Advertisers want to know that the media on which they advertise is not going to offend its customers. Musk is unquestionably a genius and a credit to human progress but creating a forum for free speech is an unachievable goal.

Jack Dorsey (American internet entrepreneur, philanthropist, and programmer.)

The co-founder of Twitter, Jack Dorsey, was no better at creating a free-speech forum than Elon Musk. Dorsey was liberated from the struggle to achieve the unachievable by Musk when Twitter was sold. The only chance for X’s survival is for Musk to offer a service that goes beyond the ideal of free speech to a forum that acknowledges some free speech is harmful and that X’s media forum can serve the public in some other way.

Twitter appeared to be a bloated organization that was organized to do the impossible. Monitoring and regulating free speech bureaucratized Twitter in ways that made profitability difficult, if not impossible. On the other hand, Twitter offered a free service to a public that craves attention and recognition. X cannot survive as a free speech forum because it cannot survive its debt service based on people who are only seeking attention and recognition.

Musk’s choice to change Twitter to an organization called X is only going to succeed if he manages to either return it to a monitored public forum or a service beyond the unachievable principle of free speech.

The history of Reddit and its successful public stock offer earlier this week shows that a monitored public forum can be successful. One wonders if Musk will take the hint and emulate Reddit’s success. His mistaken belief about freedom of speech suggests he will not invest in re-bureaucratization of what is now called X.

One suspects Musk is at a crossroad. He will either sell X at a loss or figure out how the forum can provide a service to the public for which it is willing to pay.