this post was submitted on 19 Aug 2024
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Twitter will be dead within 1-2 years, Elon will make sure of that
God I hope you're right, but doubt you are.
He's now suing advertisers to force them to pay him money because he told them (literal quote) to go fuck them selves after they didn't wanted to have their ads shown next to neo Nazis, and well, they all left. Good luck with that, forcing advertisers to come back, lol.
Twitter is barely having any income and the interest in the loans to buy twitter alone cost a billion per year.
Twitter (and I fucking refuse to call it x) will be gone soon
At least in the UK there is now lots of mainstream discussion of "Is it time for people to leave twitter as it's too much of a cesspool". Granted they usually then mention threads or bluesky as an alternative not mastodon, but it is definitely possible for social media companies to die out. Once people start to leave in large numbers it can become a mass exodus (see digg and myspace).
I think the issue now is that the market got fragmented and now you can’t find as much content as before without using multiple services, which is an annoyance.
He's already owned it for nearly two years. I'd definitely take the over on that bet. I just don't see what Twitter could possibly do that they haven't done already to kill it?
This last "let's sue advertisers to force them to come back a d put their ads next to neo Nazis" is just another nail in the coffin.
Hell Be gone soon enough and his legacy will be "what did anyone ever see in that scammer?"