Elon appeared on a Twitter Spaces talking about what is going on with Twitter. It is amazing how bad things were. The company was slated to lose $3 billion in 2023 if things were not addressed. At the same time, the software stack is absurd according to him.
In this video I discuss how much about Elon is overblown. Quite frankly, anyone in the CEO position facing those numbers would have done the same thing. This is business 101.
It just shows how even some of the best known companies in the world can be run like hell.
▶️ 3Speak
Who is Elon to decide what's best tech stack, what's his "qualification" in the matter? He failed hard and doesn't want to accept it, simple as that; no extra narrative is needed.
The culture or approach Elon brings to Twitter in terms of how the company is ran seems to be harsh but what has to be done has to be done even if it means head rolling .
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Twitter had a lot of issues and I know there are some companies that pulled out of advertising due to the ESG related stuff. I think he can turn things around but it's going to take a long time and he will have to eat the losses through selling Tesla stock. It's not impossible because Twitter is one of the hubs for social interaction.
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Do you think Twitter could be ported over to Hive as a Dapp?
Do you think that would reduce the costs of running Twitter?
Perhaps data could be on Hive and video on 3Speak?
Does 3Speak have the band-width to handle Twitter videos?
Thanks
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