Yeah for the masses they will likely always flock to commercialized easy to use social media that reaches critical mass the fastest, so them being willing to move and keep moving is best we can hope for. For rest of us stuff like fediverse will be there to use.
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He’s already sold Twitter/X to xAI; he’s got his arse covered when the bottom eventually falls out.
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Good thing AI can’t fail.
Oh, no doubt - but he’s no longer personally on the hook for Twitter’s $44b debt-loan!
So when it eventually fails, it’ll be a corporate write-off and Elon’s wealth across Tesla and SpaceX are protected.
Wait is that what happened? Investors in his AI company are on the hook for Twitter now?
The rich really are a vampiric class.
Yes, that’s what happened: https://www.forbes.com/sites/antoniopequenoiv/2025/03/28/elon-musk-says-xai-has-purchased-x-formerly-known-as-twitter-for-33-billion/
For what it’s worth, xAI is still a private company - so at least it’s not retail investors on the hook, just venture capital.
Yeah for the masses they will likely always flock to commercialized easy to use social media that reaches critical mass the fastest, so them being willing to move and keep moving is best we can hope for. For rest of us stuff like fediverse will be there to use.