What Twitter Has For Future After Elon Musk Takeover
Monday, Twitter revealed that it had accepted CEO Elon Musk’s $44 billion takeover bid. Because of his proclivity for showmanship and out-of-control conduct, the world’s richest man will soon be able to influence social media debate among more than 200 million users.
What to expect from Twitter Now?
In the name of freedom of expression, relax the restrictions on content.
As a “free speech absolutist” Tesla and SpaceX CEO Elon Musk has spoken out against what he perceives as excessive moderation on social media sites.
According to his announcement, “free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated.” he acknowledged these convictions.
Musk has claimed that social media platforms should not erase remarks that, although being objectionable, are nonetheless within the bounds of the law. “If it’s a gray area, let the tweet exist.” he suggested recently at a TED conference.
Harassment, abuse, and threats to hurt another person are presently prohibited on Twitter. Other safeguards, such as a restriction on misrepresentation about COVID-19, are also in place on the site.
Social media experts are concerned about Tesla CEO Elon Musk’s plan to modify Twitter’s rules of participation. In the minds of some, this might open the door to trolls and harassers, as well as those who exploit social media to attack others.
Aside from this, they are concerned that loosening Twitter’s regulations would provide individuals who wish to propagate falsehoods and disinformation about political events, government leaders, and public health and safety more latitude.
Create a button for editing tweets so that people may make corrections.
An edit button is one of the most often requested product updates by Twitter users.
On Twitter, you can’t edit your posts after they’ve been published, unlike on Facebook and Instagram.
People may edit what they tweet, which has caused controversy among academics, and other heavy Twitter users. Tesla CEO Elon Musk has backed the idea.
An edit button function might be used by bad actors to cover up abuse or harassment as if it never happened, and/or to deceive and manipulate people, according to experts’ concerns.
It is possible, however, to implement safeguards such that tweets may be changed to correct mistakes while also providing an audit trail to demonstrate how the tweet was edited.
The software that controls what people see and how far material travels on Twitter should be opened up, according to Musk. It is his belief that Twitter’s algorithm should be made available on the GitHub website, which is popular among computer engineers for exchanging code.
While some proponents of more social media transparency believe that this may be a first step towards greater openness, others believe that disclosing Twitter’s complex and intricate algorithm to the public will accomplish very little of any real value whatsoever.
One billion items are processed daily by a large social network like Twitter. When it comes to understanding how and why tweets go viral and how Twitter’s recommendation system works, even the company’s own software experts are stumped.
Another move Musk supports is a strategy to combat the spread of Twitter bots, which are automated accounts that automatically reply to certain tweets based on their content.
Tesla-supporting bots have also been known to target opponents of the electric vehicle manufacturer, which is owned by Elon Musk.
He hasn’t stated that he wants to temper such kinds of bots, but he has indicated that scammy bots pushing bitcoin hustles should be slapped with a crackdown.
“If our twitter bid succeeds, we will defeat the spam bots or die trying!” According to a tweet from Musk the other week, he’d want to “authenticate all real humans.”
Almost 90% of Twitter’s revenue comes from advertising, but the business has struggled to lure advertisers to the site, which can deteriorate into political firestorms and brutal online brawls..
There will be less pressure on the corporation to increase advertising income now that it is private. According to Musk, it’s time to switch to a subscription-based business.
As a result, Twitter Blue, a premium service that costs $2.99 a month and includes additional features such as an undo button that users to rescind tweets before they are published, was introduced last year.
When it comes to paying for Twitter Blue, Musk has argued that the price should go down, that ads should be removed if users are paying, and that Dogecoin, which began as a prank, should be accepted as a means of payment.
Former President Donald Trump was temporarily and indefinitely suspended by Tesla on January 6 for remarks that violated the company’s policies and inflamed the siege on the US Capitol.
He called Musk “a good man,” in an interview with Fox News on Monday and expressed his delight at the billionaire’s acquisition of Twitter, but Trump said he had no intentions to return there. Instead, Trump said he’ll devote more time to Truth Social, an alternative social media platform he’s created.
One of Twitter’s employees questioned CEO Parag Agrawal if Trump will be restored during an all hands meeting on Monday afternoon. According to Agrawal, that was a question for Musk, who replied that he would ask it.
“Once the deal closes, we don’t know which direction the platform will go,” he added.