Ive given Elon Musk a lot of grief in the past over how hes run Tesla Motors. Suffice it to say Im not a fan. Deep down Im supremely distrustful of Musk because he is, at best, a mercurial figure who is difficult to read. [AKA: A flake]
Hes become the richest dude in the world partnering with governments to build some of the biggest hype machines in history. So, his offer to buy all of Twitter and take it private can cynically be seen as just another moment of ego from the 21st centurys best reincarnation of P.T. Barnum.
That said, however, strange things happen, when you acquire the kind of Fuck You Money that Musk has.
And it seems to me if you connect some dots that Musk has been planning this move for a while. Last year he came out in favor of Bitcoin. Then he took a memecoin, DOGE, and turned it into the crypto flavor of the month.
Musks ego is something to remain skeptical of, but its also hard not to respect a guy who is completely free at this point, or least free enough that he has zero fucks left to give to the regime that made him what he is.
So, when he cashed out a massive amount of money from Tesla at the peak recently it looked to me that he was getting ready to go from Elon Musk Reality TV star to the Real Elon Musk.
Most people, especially clueless bitches like Elizabeth Warren, dont understand that most rich people are asset rich, but cash poor. Jeff Bezos may have billions of Amazon stock, but he really cant sell a lot of it without giving a vote of no-confidence to the company itself.
It runs counter to his fiduciary interest as a board member. This isnt to say Bezos doesnt have money. He does, but he also doesnt have nearly the amount of money you think he has.
So, Musk, freed from Teslas financial, shall we say creativity, now has real Fuck You Money. Not stock. Not assets. Cash.
And that cash hes putting on the line today to force the moment of Twitters malfeasance as a public entity to its crisis point.
He has succeeded brilliantly.
He doesnt even need to actually take control of Twitter. Hes already won.
By forcing Twitters board, who doesnt own any shares in the company, to adopt a Poison Pill strategy, Musk has revealed them to be more interested in maintaining Twitter as a social control response engine rather than as a public company with a responsibility to shareholders.
The fact is, Twitter is a poison pill for society at large, all Musk did was put a price on it.
And I have to give Musk his due here, hes performed one of the greatest public services in recent memory exposing the lengths to which Davos et.al. are willing to go to maintain their power. Because thats what mass media to them is, a conduit of their power.
This goes far beyond Twitters obvious censorship and editorial bias. Musk is absolutely right that Twitter is broken. But the board and its investors willfully broke it years ago to serve a larger agenda.
The Skinner Box Bot Army Hes also exposed just how seductive the power Twitter wields is to the people who work there. The histrionics of the employees, treating Musks offer like Armageddon itself, tells you they see Twitter as their personal Skinner Box to shock people into submission to their warped and solipsistic worldview.
This is the true face of stakeholder capitalism. Its the future they have planned for us through ESG, no different really than the tyranny of the Human Resources Officer or the Compliance Officer.
When news of Musks bid went viral, the voices of a million Wesley Mauchs cried out in protest.
After all, they have a revolution, or at least personal revenge fantasies, to carry out to inject poison pills into the public discourse ad nauseum.
Twitter has become a plaything of big money oligarchs using it to fuel a bot army to enrage you and waste your time. Simultaneously using those distractions to pursue a policy of blatant bias while hiding behind a broken regulatory model.
Tucker Carlson pointed out in his recent monologue that Musk has risked far more here than it looks like at first glance. The hatred and vitriol hes uncovered goes all the way up to the SEC and the DoJ who are now investigating Tesla, further proving that these institutions are about protecting the government from the people rather than the people from thieves.
But its also yet another example of just how brittle and unstable these control systems are. Because who owns Twitter shouldnt be this important. But it is.
Control systems work best when they are invisible.
Like the Doomsday Device from Dr. Strangelove which only works if everyone knows about it, Twitter as social control system only works if everyone doesnt know its being used that way.
Forget the cartoons like Max Boot, Julia Ioffe, Brian Stelter and the rest of the blue-checkmarked Stasi in the media who still think they have power, the real threat to the public discourse is the unaccountability of functionaries who work at these anti-social media companies and the people who empower them.
The Personas The Thing I know its all cool and edgy to hate Twitter, but used properly micro- blogging is a powerful tool. On the other hand, Ive been post-Facebook for over four years and I dont miss it a bit. I identified it then as fake intimacy and:
a pale simulacra of real life interactions with people you are supposed to care about.
But, I dont care about 99% of the people I went to high school with. I went to college 1100 miles from those people and barely looked back. The people I truly value from that part of my life mostly feel about Facebook the way I do.
Thats what makes them people I value.
They value the value of their closely-held opinions and dont dilute it by publicly sharing their banality. They realize that being friends is more than dropping political stink bombs in someones digital living room and saying, I dare you to not breathe.
So, here you are on a platform that is supposed to be all about you and the last thing anyone really wants to be on Facebook is themselves.
But Twitter is different, its a brilliant tool for advertising and networking. Its also the place where the battle for ideas should play out. Twitter isnt about being you, its about preparing a face to meet the faces that you meet, to quote T.S. Eliot. Used as a means to build a public persona who is both you and not you is part of its inherent charm.
Unfortunately, its been co-opted by culture warriors whose ideas cant stand up to public scrutiny for the purpose of turning the public sphere into a 24/7/365 struggle session.
And this where Twitters real value lies and what Musk must restore if he wins this fight, in puncturing the veil of moral superiority, virtue signaling and the latest thing of its NPC sycophants and spit in the eye of the naked emperor.
I believe Musk understands this perfectly, since hes created the perfect Twitter persona, the billionaire of the people who can leap tall narratives in a single tweet.
Its why they fear him and why we should back his play.
Not for his ego, but for ours.
Residual Poison
Its been a year since r/WallStreetBets took us on a wild ride in Game Stop. Now Musk can take his finely crafted persona and turn it into an army ready to take the front lines of the culture war from the chat room to the board room.
There are many ways to beat a poison pill strategy adopted by Twitters board. The main one being what Musks already done, offer them more than the company is worth. The other is to gather a coalition of investors ready to overthrow the board without triggering the poison pill itself.
And if the board and Twitters Skinner Box Commandos would rather burn it to the ground than let it fall into the hands of their enemies, then so be it.
At that point, we can let a thousand flowers bloom in the ashes of Twitters dumpster fire.
This is the path to unlock Twitters value to society and free it from all editorial constraints and government censors. Force the poisoners of society to take the poison pill themselves and let the truth free.
If Musk is successful he should rebuild the company culture from the ground up and build the tools necessary to allow people to naturally curate content they want, their way and let the best ideas win.
Win or lose, are we all not entertained?
#1: Lod To: Esso (#0)
Elon's a 3-D chess player in this board game.
Lod posted on 2022-04-18 11:47:30 Reply Private Reply