[News] The Internet Was a Mistake

A thread for updates on the various ways the internet is destroying everything and the undying hellsites of social media. Let's all laugh at the abyss.

Trump is not even rich, he's just an angry old thin skinned white dude.

Of which there are millions like him who follow.

Trump says he won't return to Twitter even if he's reinstated by Musk

Yeah right like he could pass up the publicity.

I’m sure it’s just a coincidence that Musk decided to make a big controversial statement like this right after Tesla announced yet another massive recall.

Their stock price has sunk to levels that threaten the financing deal for Twitter, too.

Seth wrote:

Their stock price has sunk to levels that threaten the financing deal for Twitter, too.

"Cancel Culture prevented me from buying Twitter so I could end Cancel Culture!"

https://twitter.com/mjs_DC/status/15...

The 5th Circuit just reinstated Texas Republicans' ridiculous law prohibiting social media companies from "censoring" their users based on "viewpoint" and subjecting these companies' own speech to intrusive, ongoing government regulation. This is nuts.

The 5th Circuit is so desperate to punish Twitter for alleged anti-conservative bias that it has let Texas throw out the First Amendment and abolish social media companies' right to free speech and association. Absolutely wild stuff going on at this court.

Twelve years out from Citizens United, Republican judges and lawmakers have come together to crush the First Amendment rights of corporations that are deemed overly woke and unfriendly to conservatives. Incredible stuff.

If the 5th Circuit has its way, social media companies will be compelled to disseminate hateful speech from Neo-Nazis and the KKK, as well as medical misinformation and foreign disinformation, because they will no longer have a First Amendment right to editorial discretion.

The Texas law flouts all known precedents regarding internet regulation and compelled speech. Frankly, the 5th Circuit's action today looks like Republican judges lashing out at social media companies for allegedly being too liberal—the exact purpose of this statute.

To be clear: There is literally no way any social media company could possibly comply with this law, which means that all of them will be hit with a flood of lawsuits if the 5th Circuit is not overruled soon. The only real solution is to cease operations in Texas indefinitely.

Umm disconnecting Texas from social media is best case scenario, why are we against that?

(I am 48% kidding, the same amount of kidding as the amount of Texans who didn’t vote for Trump in 2020)

Destroying social media with stupid laws is the best idea I've heard in a long time.

Eh. It'll get appealed and overturned.

Nothing to see here, move along, business as usual.

That's part of the game, I think.

File a suit that has zero chance of winning, when it gets tossed or you lose, yell about "activist judges" and "woke cancel culture," send out your fundraising email, repeat as necessary.

Elon Musk: Twitter deal ‘temporarily on hold’

"I'm concerned about the bots and this definitely has nothing whatsoever to do with Tesla's cratering stock price," Musk tweeted.
Seth wrote:

Their stock price has sunk to levels that threaten the financing deal for Twitter, too.

In what I'm sure is completely unrelated news...

Elon Musk: Twitter deal ‘temporarily on hold’

AP wrote:

Elon Musk said Friday that his plan to buy Twitter is “temporarily on hold” as he tries to pinpoint the exact number of spam and fake accounts on the social media platform, another twist amid signs of turmoil over the proposed $44 billion acquisition.

Musk has been vocal about his desire to clean up Twitter’s problem with “spam bots” that mimic real people and appeared to question whether the company was underreporting them.

In a tweet, the Tesla billionaire linked to a Reuters story from May 2 about a quarterly report from Twitter that estimated false or spam accounts made up fewer than 5% of the company’s “monetizable daily active users” in the first quarter.

“Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk said, indicating he’s skeptical that the number of inauthentic accounts is that low.

I am curious, though, how anyone puts together $44 billion in financing from multiple parties without someone first completing the most basic of due diligence, like how many actual users Twitter has.

Looking for a way out

This reminds me of that playoff series several years ago where the Cubs (and the Red Sox?) were one out away from the World Series. The joke implied God was asleep at the wheel, and course corrected right quickly.

Perhaps God decided against going full Job mode...

Elon Musk Trolls Twitter

I think it is relevant here that, in his efforts to buy Twitter so far, Elon Musk has violated all sorts of laws with no immediate repercussions. Both the Securities and Exchange Commission and the Federal Trade Commission are “investigating” the obvious facts that Musk did not make required securities disclosures and antitrust filings as he was buying Twitter stock. The likely outcomes of these “investigations” will be that the SEC and FTC will require Musk to pay small fines, likely considerably less than the money he saved by ignoring the rules. And Musk’s earlier scorched-earth battles with the SEC and other regulators suggest that the agencies will have a hard time getting even those fines, that he will fight fiercely in court even when he transparently broke simple rules. I wrote last month:

There are rules, and he did not follow them, not as part of an evil scheme but because he does not care. You could imagine the SEC getting mad about that and trying to impose consequences on him for violating the rules, but … what consequences? (The penalties for this stuff are small, and it’s not like they will prevent him from buying Twitter.) What’s the point? It will just be an exhausting slog of litigation and mean tweets and he will emerge unchastened and richer than ever, and then he will try to stop the SEC lawyers from ever getting jobs in the private sector. Why should they bother? What is the point of trying to enforce the law against Elon Musk?

Elon Musk has made it very clear that the rule of law simply does not apply to him, and this has worked well for him. If he wants to ignore the merger agreement that he signed, he will. If you take him to court, he will put up a brutal fight and make things as unpleasant as possible for you. This puts his counterparties, like Twitter, in a tough position. They have a contract. But so what?

I appreciate that the article spends a few sentences flogging that Twitter board for their Faustian bargain. I’m sure someone somewhere might whine that their fiduciary responsibility to their shareholders demand they take Musk’s offer seriously , but it really doesn’t. He was a well known liar and snake before he made this offer so none of these events are surprising. I may be dating myself with this reference, but sometimes when you wish on the monkey paw, the turkey is a little dry.

Facebook is apparently doing the usual bang-up job of content moderation.

Prederick wrote:

Facebook is apparently doing the usual bang-up job of content moderation.

Something more f*cked up is that Texas's social media content moderation law that was recently reinstated essentially requires that the video remain up.

When the law was still just a bill in 2021 state Dems introduced three amendments to carve out limited exceptions to the legislation's "must carry" provision. They were for Holocaust denial, vaccine disinformation, and support for terrorism (both international and domestic). Texas Republicans voted all three amendments down.

OG_slinger wrote:

When the law was still just a bill in 2021 state Dems introduced three amendments to carve out limited exceptions to the legislation's "must carry" provision. They were for Holocaust denial, vaccine disinformation, and support for terrorism (both international and domestic). Texas Republicans voted all three amendments down.

I think people should just start throwing random nasty things up on social media about the elected officials of Texas (Abbott, Paxton, Cruz, Cornyn, et al) and when they start screaming for it to come down the companies can just say "sorry, we can't, your state made it illegal".

Hey, they know their constituents.

Well, any way around it, the part of the shooter's plan to disseminate the video has worked quite well. Platforms, as usual, are just spectacularly slow to keep up or even begin to take on the project of actually moderating content.

And it's pretty much just the way they're built. The growth models of these platforms means that content moderation is pretty much always starting the race from 100 yards behind.

Trump Indicates He’ll Spend a Little Time on Twitter, as a Treat

Shocking that he admits he will use the platform. Did anyone seriously believe the narcissist could resist?

Genuinely cannot express how irreplaceable I'm finding the Garbage Dyay newsletter.

Steve Bannon’s great innovation during his time at Breitbart was to hire Milo Yiannopoulos as the gaming editor, which really meant that Yiannopoulos was the 4chan editor. Breitbart, under Bannon, perfected a system where Yiannopoulos would amplify conversations that were happening on 4chan, package them in a CMS optimized for Facebook, and, thus, turn them into mainstream talking points. It was pretty much identical to what viral media sites at the end time were doing with the top-shared content from Reddit.

Soon the rest of right-wing media in America followed suit, chasing juiced up ad revenue they were making from Facebook’s algorithm, which seems to crave conflict. Now, not only are Tucker Carlson and his producers performing the same trick at the top of Fox News, so is most of the Republican party. They use the anonymity and speed of websites like 4chan to crowdsource ideas and then spin them out into wider and wider audiences. (From what I understand, 2chan has evolved over the years into having a similarly symbiotic relationship with Japanese Twitter, the country’s tabloids, and right-wing politicians.)

But all of this leads to an uncomfortable conclusion: The internet’s worst websites aren’t algorithmic. That’s just a fact. The overwhelming majority of the violent extremists who were “radicalized online,” were not radicalized by Zuckerberg’s products, but by other angry men online using simple websites to trade hateful, evil ideas and then do horrifying things with them. There is absolutely, definitely an amplification that can happen when the bile that gets posted on a site like 4chan hits an automated social feed, but the internet didn’t invent American racism. People uploaded it. And facing that head on is a much harder thing to do than just blaming it on a bunch of companies or recommendation widgets.

(just scroll to the end)

IMAGE(https://i.ibb.co/mCTLXtp/Screenshot-20220516-192218-Edge.jpg)

At what point does he become a liability to his own companies? The own the lib crowd is never willingly going to convert to EVs. I'd imagine that many perspective EV buyers are being turned off by his behavior, right at the same time that the rest of the auto industry is finally starting to close the gap.

We are still probably a couple of years out from buying an EV, but if buying today, I'd much rather buy a base F-150 Lighting, Ioniq or EV6, than a model 3 or y.

Badferret wrote:

At what point does he become a liability to his own companies?

Several years ago?

OG_slinger wrote:
Badferret wrote:

At what point does he become a liability to his own companies?

Several years ago?

The day he buys them?