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Tesla and Spacex CEO Elon Musk has joined Twitter’s board of administrators and promised to “make important enhancements” to the social media platform. Some modifications he’s contemplating embrace including an edit button and fixing the crypto spam bot drawback, which he sees because the “single most annoying drawback on Twitter.”
After disclosing Monday that he has taken a 9.2% stake in Twitter Inc., Tesla and Spacex CEO Elon Musk has joined Twitter’s board of administrators, in accordance with the social media big’s submitting with the U.S. Securities and Trade Fee (SEC). Musk is now Twitter’s largest shareholder.
Twitter CEO Parag Agrawal tweeted welcoming Musk to his firm’s board. The Tesla boss replied: “Wanting ahead to working with Parag & Twitter board to make important enhancements to Twitter in coming months!”
Former Twitter CEO Jack Dorsey tweeted: “I’m actually joyful Elon is becoming a member of the Twitter board! He cares deeply about our world and Twitter’s function in it. Parag and Elon each lead with their hearts, and they are going to be an unimaginable staff.”
Following Musk’s Twitter funding, many individuals flooded the Tesla CEO’s tweets with their concepts on learn how to enhance Twitter.
Some options concern crypto spam bots. “Elon, it’s essential to do one thing about these crypto spam bots,” one particular person wrote. “They’re getting actually annoying. Enhancing the verification system to show that you simply’re an precise *actual* human would assist with this.” Musk concurred, emphasizing that in his opinion, that is the “single most annoying drawback on Twitter.”
This was not the primary time Musk has voiced considerations in regards to the crypto spam bot drawback. Crypto spam posts regularly seem on Musk’s tweet threads, and plenty of of them promote crypto giveaway scams. Scammers typically capitalize on Musk’s reputation, that includes him and his corporations freely giving bitcoin and different cryptocurrencies.
Musk tweeted on Feb. 1, 2020: “The crypto rip-off stage on Twitter is reaching new ranges. This isn’t cool.” His assertion was made in response to a remark that “Even verified accounts are actually being hacked and pushing pretend bitcoin scams.”
Dogecoin co-founder Billy Marcus estimated on March 25:
I feel crypto spam bots make up 40% of Twitter.
Apart from the crypto spam bot drawback, Musk is wanting into including an edit button to tweets. He arrange a ballot Monday asking his 80.6 million followers, “Would you like an edit button?” The CEO of Twitter careworn: “The implications of this ballot can be necessary. Please vote fastidiously.” Over 4.4 million votes have been counted and 73.6% mentioned sure.
Twitter person Liz Wheeler argued in opposition to having an edit button. She opined: “What if a tweet goes viral, a lot of retweets & hundreds of thousands of impressions, & then the creator utterly modifications the which means? Not only a grammatical repair, however a complete ideological change? Or shameless self-promote?”
The CTO of Meta, previously Fb, chimed in: “We solved this on Fb a very long time in the past. You simply embrace an indicator that it has been edited together with a change log. If you’re actually nervous about embeds they will level to a selected revision in that historical past however with a hyperlink to the newest edit. Not an actual situation.” Nonetheless, Musk replied, “Fb provides me the willies.”
Another options concern Twitter’s truth checking, election management, and bringing again banned customers, resembling former U.S. President Donald Trump.
Musk mentioned on the finish of March that he needed to construct a social media platform that focuses on free speech as a high precedence. “On condition that Twitter serves because the de facto public city sq., failing to stick to free speech rules essentially undermines democracy,” he described.
Not everyone seems to be assured that Musk will enhance Twitter. Concerning free speech, Bloomberg revealed an opinion piece Monday claiming that “Musk’s Twitter funding might be dangerous information without spending a dime speech.”
One Twitter person expressed his doubt that Musk will make modifications that profit everybody, asserting that the Tesla boss “appears self-centered.” A distinct person mentioned he’ll give up Twitter if Musk is in management.
Some folks within the crypto group identified that Musk’s promise to enhance Twitter is a show of the issue with the proof-of-stake (PoS) consensus mechanism, citing its obvious weak point of being managed by the wealthy. One wrote:
Elon is displaying you ways straightforward it’s to regulate a PoS community.
Do you assume Elon Musk will enhance Twitter? What modifications do you wish to see taking place? Tell us within the feedback part beneath.
Picture Credit: Shutterstock, Pixabay, Wiki Commons
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