Joseluki t1_iuweeqc wrote on November 3, 2022 at 2:43 PM

This is not about bots, it is about Musk having bought twitter and transferring a lot of his debt into it so now twitter (that was barely profitable before musk) is in the red numbers and needs a lot of income sources to stay afloat.

Before Musk bought twitter they had a yearly expenditure of 50M in interest of their financial loans, now with musk this interest alone will be 1B per year, I really don't know how he is going to make it work to generate that amount of income, I expect that there will be more ads than content in twitter and people will run away.

This is why leveraging debt to do buyouts should be illegal.

Xaero_Hour t1_iuy6g1m wrote on November 3, 2022 at 9:34 PM

We already see how he's going to do it for the short term: fire/drive off the majority of the workforce to cut operating costs. Now what's he going to do next fiscal year once he doesn't have enough people to fire to hide the losses, I have no idea.