this post was submitted on 23 Mar 2024
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Data from two research firms and figures published by Musk and X suggest a deteriorating situation for X by some metrics. Musk has marketed it as the world’s “town square,” but in number of users it continues to lag far behind social media rivals that focus on video, such as Instagram and TikTok. 

In February, X had 27 million daily active users of its mobile app in the U.S., down 18% from a year earlier, according to Sensor Tower, a market intelligence firm based in San Francisco. The U.S. user base has been flat or down every month since November 2022, the first full month of Musk’s owning the app, and in total it’s down 23% since then, Sensor Tower said.

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[–] BallsInTheShredder@lemmy.world 20 points 8 months ago (10 children)

Honestly I feel like that killed Twitter more than many other changes.

People tell me "there's no way he (musk) would intentionally crash his own company - it makes no sense - "he's just terribly bad at business!"

But is he really THAT bad? In what world could these changes be made in which he's actively trying to improve the company? If nothing else, seeing the negative backlash, bad publicity and dropping number of users wouldn't any sound minded business owner at least temporarily undo some of these changes?

With any business, if you make a change that causes you to lose customers and get bad publicity.. don't you try to mitigate the damage done? Who goes balls to the wall on obviously bad decisions?

[–] SoyTDI@lemmy.world 13 points 8 months ago (9 children)

He's that bad at business. On Twitter, Musk has no workers to contain his bullshit or create a good public image for him. Nor does he have enough workers to keep Twitter running smoothly as it used to.

[–] BallsInTheShredder@lemmy.world 2 points 8 months ago (8 children)

My point is, look I'm a dumb white hick. I've never ran anything as significant as this. Just from the way the guy talks I can tell he has eons more experience than I do. His track record? Jesus Christ.

Still, if I were him I would've just.. stopped. Long, long ago.

Yet he hasn't. Admittedly, I'm a dumb fuck yet smart cookie compared to some but honestly what are the odds that with zero experience I could make better business decisions than this guy?

Make it make sense, ya know? Explain to me like I'm 5 why he would make decisions that are so obviously detrimental to the company? What are the odds that I could give better business advice than this guy?

Yet this is what he's doing. He's either purposely destroying it or has some weird master plan and I'm not sure I can be convinced otherwise tbh. We all see it, as bad as he seems to be there's no way he doesn't.

[–] Ragnarok314159@sopuli.xyz 6 points 8 months ago (1 children)

If he was smart, he would have known his own limitations and kept the facade. People thought he was the real life Tony Stark.

Instead, he believed all the bullshit. The actual smart people around him were replaced with sycophants. I have yet to meet one engineer that thinks highly of Elon. They might like working at SpaceX, but Elon has shown himself to be so pathetically stupid fake side projects have to be made for him to participate in so he doesn’t derail the actual work.

Elon has also caused so many failures at Tesla. He has sunk resources into garbage that have yet to be manifest with today’s computers rather than make a good EV. His companies succeed in spite of him. He is nothing more than a slightly below average rich kid who failed upwards.

[–] aesthelete@lemmy.world 2 points 8 months ago

Elon has also caused so many failures at Tesla. He has sunk resources into garbage that have yet to be manifest with today’s computers rather than make a good EV.

His explanation for removing LIDAR from self-driving cars because "people can drive with their eyes, so a camera should be good enough" is another one of those things that sounds right until you think about it for more than a half a fucking second.

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