this post was submitted on 23 Aug 2024
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Enough Musk Spam

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For those that have had enough of the Elon Musk worship online.

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[–] [email protected] 10 points 2 months ago (1 children)

In a “too big to fail” scenario, guys like Musk make excellent fall guys for future platform leaders.

[–] [email protected] 3 points 2 months ago (1 children)

There is no world where fucking Twitter would deserve a bailout. Fail, and fail hard, Sir Memelord.

[–] [email protected] 4 points 2 months ago (1 children)

Look at that list! That's the definition of "too big to fail". All those stakeholders will absolutely consolidate and shift power to protect their cash interests. Twitter is a MONSTER platform. Regardless of our pleb level opinions, they hold a TON of power especially as a political voice platform as well as pure user data tracking and ad platform. Musk will get booted for going to far one day and they'll find someone who's still controversial but not as weird as musk to replace as a "show of good faith" if that makes sense. Nobody is saying to bail out twitter, but the effective equivalent is that huge list of stakeholders above.

[–] atzanteol 3 points 2 months ago

"Too big to fail" meant that if that company failed it would have a real and bad impact on the entire economy.