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Elon Musk admits X 'may fail, as so many have predicted'
(www.businessinsider.com)
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this post was submitted on 20 Aug 2023
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i was no fan of twitter, but it was on a path to achieve some financial stability. It had plenty of value as a mechanism to distribute emergency (or other) information quickly. was and had being the operative words here.
Yes, I agree. Investors want explosive exponential growth but there is great value in stable, slightly profitable companies that produce social goods. For example,.Twitter was unique in getting emergency information out; in real.time reporting; in sending out traffic and commuting alerts; in directly and quickly communicating issues with private companies.