Appears that Musk is making it up as he goes, and the remaining skeleton crew is just tuning things that were mostly already built and he's selling it as major platform changes. Bankruptcy seems inevitable to me.
I'm not an active user of twitter, but so far it seems like almost no one left the platform. There's no direct equivalent of it, and the main user base is quite addicted. I took a bet a couple of days ago that twitter will lose 50% of active users by the end of 23, but I'm not super confident about it, and I think it is contingent on major security flaws being widely publicised.
You are spot on. I’ve been wanting to leave the platform since he took over, and am simply unable to... There are some high profile accounts that have left for Mastodon, but for an average user, it is a lot tougher to start anew. For me my Mastodon usage has just become an additional time spent on more social media, not a replacement, despite the fact that I really really want it to be a replacement.
Yeah people are addicted, I don't think people are going to abandon the platform at that rate. They don't care about Mudge's revelations, people don't care about security issues until it directly affects them. The issue is just that Musk has massive debt obligations forged at the top of the market and ad revenue is supposedly shrinking due to him torching the brand during a recession. I don't see Twitter Blue making up the difference or growing revenue at a large enough rate to avoid bankruptcy but I don't have intimate knowledge of their finances.
