Latest / Elon Musk Podcast / Elon Musks Twitter - New rate limits - users leaving and more
Transcript
- 0:00Hi everybody and welcome back to the Elon Musk podcast on today's
- 0:03episode, we delve into the stormy seas, the Twitter Inc or
- 0:06X Corp, as it's now, known is currently navigating will be
- 0:10discussing everything from a multimillion-dollar lawsuit,
- 0:12claiming Twitter failed to pay promised employee bonuses.
- 0:16The new user policies shaking the twitterverse will dissect.
- 0:19The transformative effect that musk's take over his head on
- 0:23this social media Behemoth as well as how these drastic
- 0:25changes are spurring user migration into surge in
- 0:29litigation Ian from unexpected changes such as tweet access
- 0:33restrictions aimed at combating data scraping to the
- 0:36resurrection of previously, banned accounts.
- 0:39Musk's leadership of Twitter has been nothing.
- 0:41If not eventful the platform. Now, faces mounting legal
- 0:45challenges, a discontented user base and the departure of key
- 0:49Evert sizers. Yet amidst the upheaval, some
- 0:51competitors, such as Blue Sky are witnessing record, high
- 0:55traffic. So stick around as we dive deep
- 0:58into these developments. Applications for Twitter's
- 1:01future. And what this means for the tech
- 1:02World At Large, but first, let's hear a word from our generous
- 1:06sponsors. Don't go anywhere.
- 1:08We'll be right back with the heart of the matter.
- 1:10Twitter Inc, also known as X Corp once the epicenter of
- 1:13online. Social dialogue is now mired in
- 1:16legal disputes, a consequential, Exodus of users and the
- 1:20controversial reign of the new ownership from Elon Musk, and
- 1:24with its acquisition by Tech tycoons.
- 1:26Ilan last year, the platform has seen drastic shifts.
- 1:29It is Policies and conduct the social media giant.
- 1:32Now confronts a class action lawsuit, alleging that it has
- 1:35failed to deliver on promised employee bonuses.
- 1:39The suit was filed on Tuesday by Mark show Binger a former senior
- 1:43director of compensation at Twitter who exited the company.
- 1:46Last month. In the suit alleges that Twitter
- 1:49had committed to giving employees 50% of their target
- 1:53bonuses for 2022. Promises that the lawsuit claims
- 1:57have not been fulfilled and the clean.
- 2:00It's towards a potential breach of contract on Twitter's part,
- 2:03Twitter's official response to the legal action was
- 2:06characteristically musk X. They offered up a poop emoji.
- 2:11The media relations office, like many other facets of the social
- 2:15media. Giant has vanished since musk's
- 2:17acquisition the legal representation for show Bender.
- 2:21Attorney Shannon. Liz Riordan is no stranger to
- 2:25Twitter's courtroom escapades this Riordan represents former
- 2:28Twitter employees. Several other lawsuits in
- 2:31approximately 2000 individual arbitration cases these stem
- 2:35from musk's Mass layoffs last year, which led to accusations
- 2:40of unfulfilled Severance packages.
- 2:42It alleged discriminatory targeting a female and disabled
- 2:45employees during the layoffs. Twitter has consistently denied
- 2:48any wrongdoing in these instances and the influx of
- 2:52legal troubles, doesn't stop with disgruntled employees,
- 2:55many, landlords vendors, and Consultants have also brought
- 2:59legal action against Twitter over unpaid bills, a legacy
- 3:02inherited by musk upon purchasing the company.
- 3:06And in another significant soup, three, former Twitter,
- 3:09Executives, including the ex-ceo are, suing the company in
- 3:13Delaware, they claim that Twitter reneged on an agreement
- 3:17to reimburse over 1 million dollars in legal fees, incurred
- 3:21in responding to government regulatory requests.
- 3:23In a midst, This legal Quagmire musk announced.
- 3:26A sudden change to Twitter's user policies to To combat data,
- 3:30scraping by AI companies, Twitter has temporarily
- 3:34restricted, the number of tweets users can access daily.
- 3:38The limitation varies for verified and unfair of I'd
- 3:41users. And it's unclear how long these
- 3:44limits will last or the conditions required to lift them
- 3:48as per musk's declaration. Verified accounts can access
- 3:516,000 tweets per day. While unverified ones are
- 3:55limited to 600 Now, new unverified users, who, Joined
- 4:00post, the announcement are further, restricted to only
- 4:03three hundred tweets per day. These rates are expected to
- 4:07increase soon, according to musk.
- 4:09Now, musk's move followed his expression of concern, over
- 4:13quote, extreme levels of data, scraping by artificial
- 4:16intelligence companies, This directly affects chatbots like
- 4:20chat. TBT the rely on substantial data
- 4:23servers typically, script from the internet and the impact of
- 4:27these new restrictions and other Twitter features such as their
- 4:30audio conversation, platform spaces remains unclear, however,
- 4:35a surgeon error messages like quote rate limit exceeded on
- 4:40users home feed suggest far-reaching implications user
- 4:43reports of Twitter malfunctions on down detector spiked it a
- 4:48a.m. eastern on Saturday and continued throughout that whole
- 4:52day. At since purchasing Twitter for
- 4:55forty four billion dollars, last October musk has introduced a
- 4:58slew of significant changes, he's restored previously.
- 5:01Banned accounts including former President, Donald Trump's
- 5:05replace the verification system with a pay to verify model in a
- 5:08pointed Linda. Yeah, kirino formerly of NBC
- 5:11Universal as Twitter CEO. However, these changes have not
- 5:16been without consequence. Others have departed and mass
- 5:20raising questions about Twitter's future Revenue model.
- 5:23Moreover, Twitter's frequent glitches and changing user
- 5:26experience have spurred users to migrate to similar platforms,
- 5:30like mastodons, blue sky and a proposed Twitter clone by meta.
- 5:35And in a Twist of irony, Blue Sky.
- 5:38A platform backed by former Twitter, CEO, Jack Dorsey has
- 5:42seen record high traffic after musk's announcement.
- 5:45The app is described as a decentralized.
- 5:48Social network and has been considered a potential Twitter
- 5:51alternative. However it remains invite-only
- 5:54at this time in another major policy shift.
- 5:58Twitter is clamp down on the number of tweets per day.
- 6:00The various accounts can read the new restriction aimed at
- 6:03deterring extreme levels of data, scraping and system.
- 6:05Manipulation was announced by Elon Musk Saturday.
- 6:09Now the 6603 hundred numbers there are going to be changes to
- 6:15that however musk later, raise those limits to 10,000 for
- 6:19verified users, 1004 unverified and 504, new unverified users.
- 6:25He provided no additional Tours explanation to these changes.
- 6:30The move follows Twitter's decision to make viewing tweets
- 6:33and exclusive feature for its account holders must label.
- 6:37This a temporary emergency measure and clip that hundreds
- 6:40of organizations were scraping Twitter data, extremely
- 6:43aggressively. Thus impairing the user
- 6:46experience must frustrations are not new and have been directed
- 6:50towards artificial intelligence firms, including open AI, the
- 6:54developer of chat, CBT is previously criticized them for
- 6:57using Twitter. Data to train their large
- 6:59language, models in the implementation of these changes
- 7:02has not been without hitches on Saturday morning, Twitter
- 7:05experience, a significant outage with nearly 7,500 users
- 7:09reporting issues. In other musk's ownership,
- 7:12Twitter has made several attempts to regain advertisers,
- 7:15who abandoned the platform. One such move has been
- 7:18monetizing verification, check marks as part of the Twitter
- 7:21blue program to boost subscription revenue and the
- 7:24legal battles. In tumultuous policy changes
- 7:26paint a really challenging Picture for Twitter future with
- 7:30an increasingly disgruntled user base and mounting legal
- 7:32disputes. It remains to be seen whether
- 7:34musk's drastic measures will lead to revitalizing the
- 7:38platform or to continue to provoke instability and
- 7:42discontent. Thanks for listening to the Elon
- 7:45Musk podcast. Appreciate your support and I
- 7:47appreciate you spending the time here with me today.
- 7:51Now, if he could take a second and hit the Subscribe or follow
- 7:53button on whatever podcast platform you're listening on
- 7:56right now that would help the show too. - Lee.
- 7:58So thank you for that. Also, please take care of
- 8:01yourselves and each other and I'll see you in the next one.
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