Sounds like the tactics of a union labor strike. You know, those labor unions Musk abhors?
Face it. Musk is a jerk.
Sounds like the tactics of a union labor strike. You know, those labor unions Musk abhors?
Face it. Musk is a jerk.
The bottom line every employer on some level has to be a jerk to most of the employees. The employees are a cost. It takes laws to make this work as an economy. The employers are their own worst enemy without the laws. The employers are petty and work against understanding that.
So as everyone has now heard, FacebâŚI mean, Meta has now launched its Twitter competitor - moving up the release date to capitalize on Twitterâs various issues. I found one of Muskâs comments, responding to Metaâs proposal to make their Threads product a nice experience for users, very interesting:
âIt is infinitely preferable to be attacked by strangers on Twitter, than indulge in the false happiness of hide-the-pain Instagram,â Musk tweeted on Wednesday.
Thatâs justâŚbizarre. I can believe that Musk believes this - itâs pretty painless to be attacked by hordes of strangers on Twitter when youâre one of the richest people on earth and donât really have to worry about whether one of them really is going to show up at your house. But heâs operating a consumer-facing service company now. He canât possibly believe his customers find it more enjoyable to be attacked by strangers on Twitter than to have a happy experience being protected from stranger attacksâŚcan he?
Actually, itâs quite easy to think that a sociopath might believe that.
It is pretty amazing what goes on in a âJCâsâ mind. I have commented before on the President of RS, responding to concerns about RS prices being uncompetitive with âwe do people a favor when we sell them our stuffâ. Another gem was âsuggestive sellingâ, to the point where we were told âkeep suggesting more items until the customer tells you to stopâ. Only a JC could think the customer experience they were advocating was a positive for the customers.
Steve
I also laughed at his favorable response to this tweet, joking that Threads was designed on a keyboard with just the Ctrl, C, and V keys:
Yes, of course itâs relatively unimaginative and trivial to create a clone of Twitterâs software. Thatâs Musk missing the point. The value of Twitter isnât in the app software that gets downloaded onto peopleâs phones, the stuff that gets engineered. Twitter is a selling a service, not a piece of software.
Some of that is the back-end stuff which does involve engineering - all the data servers and whatnot that keep the information flowing. But a huge part of it is all the soft services that people provide in order to make participating in a global conversation not be awful. The people who protect the user experience from being overrun by attacks from strangers, who protect the advertisers from being exposed to horrific content, so that you can maintain the massive user and advertiser base that competitors canât offer. Thatâs actually one of the harder parts - the curation of the user and advertiser experience so that both groups will enjoy (and trust) your product.
So Musk came in with a scythe and culled many of the people who werenât doing actual engineering-type stuff. And now heâs finding out that the engineering stuff is super-easy to duplicate (given the resources of a company like Meta) now that heâs filled in the competitive moat that Twitter used to have on the softer services. He put his company in a position where someone could Ctrl-C-V an actual competitor.
Which is why Musk stands to lose billions more in the future. Amazon has that âtrustedâ status with the public. If Bezos puts that type of protection for both users and advertisers into Threads, Twitter could be in serious trouble in terms of being able to reasonably return to their old customer base.
What does Bezos have to do with it???
Sorry. I thought it was Amazon. It is Meta, which operates Facebook. So Zuckerberg could chop down Twitter and not worry about it. The Facebook business also has pretty good public relations with both users and advertisers.
Honestly I can not even read the ideas on Twitter. The twits have developed their own sort of ejit humor where it is a big so what. The whole lot of them talk past each other.
I wont be using Threads to watch more people I do not know on a daily basis talk past each other. It is not amusing.
Separately on IG I have made contact and support with a London artist who is huge in the NFT business. It wont do anything for me but he respects my work. He is too busy trying to sell his own work to do anything for anyone else. I have also begun debating in public with an art critic in the NFT space. It is fun. He knows very little. He is a New York mouth trying to create clickbait. I school him in public. What else would I do with an ejit. Great publicity for me because knowing things about investing and having investment grade artâŚwhoâda thunk it?
And thereâs a bit of a benefit for advertisers. I am sure advertisers will be happy to roll up a single advertising deal for both Facebook and Threads, and cut out Twitter entirely. They wonât have to negotiate two ad deals, just one that covers two platforms.
Of course, that assumes that Threads becomes a popular alternative to Twitter. Which, given Muskâs sparkling personality, is quite possible.
âPeter
30 million sign upâs for Threads on the FIRST DAY!
Musk threatens to sue.
I havenât got a dog in this fight. I dislike both owners.
Even Elon must be having 2nd thoughts about that $44 billion. Think of the good things he could have done with that money.
Like giving it to me.
Twitter Inc was sued on Monday for allegedly refusing to proceed with nearly 900 arbitration cases filed by ex-employees who were laid off or quit after Elon Musk acquired the social media company last year.
The proposed class action filed in San Francisco federal court claims Twitter has blocked at least 891 cases from proceeding by not paying initial arbitration fees, despite requiring laid-off workers to sign agreements to arbitrate legal disputes in exchange for severance pay.
Ma says that JAMS, the arbitration service selected by Twitter, informed workers last week that it would decline to arbitrate any cases in which the company has not paid the fee.
According to the complaint, filed Monday in a San Francisco federal court, Twitter wonât come to the table simply because the company doesnât want to pay for arbitration. Its arbitration agreements require ex-employees to pay a nominal filing fee to launch claims with the Judicial Arbitration and Mediation Services (JAMS), but after that, Twitter has to pay âall other arbitration fees.â
Faced with paying perhaps millions in fees for approximately 2,000 laid-off employees, Twitter allegedly sent a letter to JAMS in early June, requesting that the fees instead be split between parties.
However, granting that request would be a breach of JAMSâs rules. Thus, JAMS responded by telling Twitter that it would not proceed with any arbitration that did not meet JAMSâs standards, the complaint said. After that, Twitter allegedly told JAMS that it âwould refuse to proceed with arbitrations in most states outside California,â attaching âa list of 891 arbitrations in which it was refusing to proceed.â
It appears Musk is attempting to renegotiate JAMS agreement to avoid paying millions in arbitration fees and is benefiting from not having to pay employee severance pay while all the lawsuits are litigated.
Could this be behind Twitter becoming cash-flow positive this quarter?
Once the employee pays his/her fee requirement, the ex-employee merely has to go to court and request a summary judgement against Twitter on the basis the company refuses to comply with its own contract for arbitration.
I donât believe that result is a given. Muskâs lawyers will have an opportunity to respond and delay with filings.I imagine it will take years before such a case is adjudicated.
Best thread starter ever: âMusk saysâ
Thread least likely to inform: âMusk saysâ
I love threads. I am all over them making better connections. I can post an animation and live link wherever I like on IG. Well a side rail to IG.
This is helping me bake my reputation as an artist and a marketer.