232
Elon Musk, Twitter and X MegaThread
(lemmy.world)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 26 Jul 2023
232 points (82.6% liked)
Technology
57904 readers
4656 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
Does anyone else genuinely think Twitter/X will die anytime soon with the latest changes Elmo is making?
It's the 5th most hit site globally, it's going nowhere.
https://www.similarweb.com/top-websites/
The question is, will it remain that way in the coming years?
MSN messenger was at one point the world's most used communicator app too.
Most of those are not profitable...
And Twitter is saddled with literally billions of dollars of debt it wasn't a year ago, and payments start soon.
Either he's going to have to start paying obscene amounts of his own money to keep it at its current level, or he drastically cuts workers and/or infrastructure.
For this to have worked, he'd have to take one of the popular websites in the world (that doesn't make a profit) and make it mote popular while monetizing it.
So it maintaining it's old position just isn't enough. And things can (likely will) nosedive soon.