As a disclaimer, I am a passive hater of Twitter/X ie I don’t like it as a toxic social media platform and haven’t used it but I am not asking the users to move to Threads or some other fediverse alternative as a paid promoter. Also I don’t really intend to keep a strict tab on its status since I get any related major developments from other news outlets and Lemmy.
Seeing how it would be almost a year since the acquisition and all the decisions he took, people were speculating how it would only take a few weeks or months for it to shut down under the leadership of Elon Musk. Even I believed so after I saw the introduction of extremely high fees for API access, verification mark etc, thinking it may be under a financial crisis. But even now I am seeing no signs of it actually coming close to shutting down, as seen by the uninterrupted flux of screenshots/memes/posts of tweets in other social media platforms and its continued use for marketing by other brands and announcements by authorities. I did see some posts by Musk stating his issues with Twitter/X, news of his companies’ stocks going down, and some reputable figures announcing their departure from the platform among some other minor related events, however I feel these aren’t concrete evidences for me to come to a conclusion.
Could anyone clarify what the actual status of Twitter/X is, and if it is actually going to collapse anytime soon as rumored? Am I missing out on something crucial, like some secret funding to keep it alive or all of the rumors of it collapsing being just a huge overreaction by the internet in the end?
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Short answer is sigh
Wrong answer is unzips
TL;DR?
When was the last time you heard of MySpace? Guess what, it’s still around.
And digg.com
I just had a look, and it appears to just be sort of music-based clickbait now.
Basically, but technically it’s still alive. Xitter might one day become that, just a series of clickbaits and ads, or whatever else. But it’s unlikely to just fold.
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Thanks
Think about it like Craigslist. It will still be around in 5 years but it won’t be culturally relevant like it was. Just like Craigslist is still technically around, but no one talks about it and I don’t know anyone who uses it.
Twitter is too big to fail completely in the near future, just like Craigslist was.
Pfft. Craigslist came back into style where I live. There’s even an instagram account dedicated to reposting Missed Connections locally and sometimes I even see those posts getting reposted to tumblr.
It’s only gonna shut down if people finally stop complaining and migrate to another platform.
Which they’re absolutely not doing right now…
To be blunt, it won’t die until people stop talking about it constantly. But even if it doesn’t die, it’s a useless site to anyone with half a brain.
There are vested interests who could probably keep it afloat on their own dime alone, and it would be worth every penny if they were forced to do so. It’s a ready made propaganda platform with a built in audience and sympathetic leadership. The only reason they’re trying to make profit with it is because it’s less money out of donor and investor pockets.
It’s probably some sensational headline. Twitter is too big to fail. And Elon wants to convert it into his idea of an everything-app. So he will probably not kill it tomorrow either. And there currently isn’t a competitor that is enticing customers away at any alarming rate. So no reason to think it is collapsing.
Musk is the richest man on Earth, give or take a few billion here or there. He can keep it running as long as he wants. It’s nothing but a toy to him. The problem will start when he finally gets bored of it, because he has already broken it to the point that nobody else will want it. He has killed it, it’s just not dead yet as long as he keeps swinging it around and paying its bills. But one day he’ll stop doing that, maybe once he finds a new, shinier toy. We just don’t know when.
Twitter won’t just up and die, they will slowly fade into obscurity over years. It has already begun with Elon alienating almost everyone but his sycophants and right wing propaganda bots, which causes a slow drain of the moderate users until nothing is left but the worst people, turning it into a personal echo chamber for him and his agenda.
Not soon enough.
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No.
