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Comment by potatototoo99

17 days ago

Not annual, annualized. Let's see if people stick to it knowing it belongs to Musk now.

Many made the same prediction about Twitter, and it seems to be more or less the same or higher activity than before, and Bluesky is continuing to rapidly decline (-5% DAUs per quarter).

I wouldn't bet on Musk, but I DEFINITELY wouldn't bet against him. Anyone betting against him over the last 10 years has been viciously smoked (many short-selling hedge funds got wiped out completely).

  • > I wouldn't bet on Musk, but I DEFINITELY wouldn't bet against him. Anyone betting against him over the last 10 years has been viciously smoked (many short-selling hedge funds got wiped out completely).

    In terms of the stock market, definitely. Honestly though, all those people who said self-driving wouldn't be solved by now, that Tesla didn't have a great moat and that the Boring Company was profoundly stupid were in fact correct.

  • > Many made the same prediction about Twitter, and it seems to be more or less the same or higher activity than before

    Where are you getting that? There's not a single piece of data out there that will tell you Twitter has increased in users. Not only have they visibly dropped in users, but it's becoming increasingly clear the site is Astroturfed with bots.

    The choice is not Twitter or Bluesky. Most people moved on to TikTok. I don't know a single person who uses Twitter.

  • Twitter did lose significant revenues. It came ahead on profit because it aggressively cut costs which is an interesting thing to do for Musk given SpaceX. Maybe he learned that profitability is over-rated?

  • Yup, more activity... Elon never solved the bot problem like he promised, and it's far worse now.

    • I looked the other day, the feed got the same 4 postings reposted 3-5 times. A dozen posts talking about people getting banned, doxed and fired for talking about you know what.

      I found 1-2 sort of interesting posts but not interesting enough to make it worth it.

      It was fun for a while blogging with grok back when it was free.

      Kind of interesting that engagement is zero on all of my postings. Not that I care for it but it shows quality isn't measured by users. The system prefer people read about users getting banned and that same video again and again. lol

      With rss I just sort by date and eliminate duplicates. Not very hard and dramatically more interesting.