Latest / Elon Musk Podcast / Elon Musk Weekly Roundup: SpaceX, Tesla, Twitter and AI
Transcript
- 0:05Hi, and welcome back to the Elon Musk podcast where we dive into
- 0:08the latest news, controversies and Innovation surrounding the
- 0:12tech entrepreneur, and CEO of multiple groundbreaking
- 0:15companies. And in this episode, we'll
- 0:17explore the recent feud between Elon Musk and Microsoft, as
- 0:21Twitter's boss threatens to sue the tech.
- 0:24Giant over allegedly using Twitter data without permission
- 0:29will also discuss the State of Twitter under musk's leadership
- 0:32and how their platform is evolving to stay afloat.
- 0:35And in a bold move characteristic of only Elon
- 0:38Musk. The multi, billionaire has
- 0:40accused Microsoft of training, their technology illegally using
- 0:44data from his social media company Twitter without
- 0:47permission musk told to the very platform in question to announce
- 0:51they trained illegally using Twitter data lawsuit time.
- 0:55Now, this statement comes as a response to Twitter's plan to
- 0:58remove For South's plan to remove Twitter from its
- 1:01corporate advertising platform, despite providing no further
- 1:05details or evidence to support its claim.
- 1:07Musk's tweet has ignited a heated discussion about data
- 1:11usage and privacy. Now, Microsoft were being
- 1:15tight-lipped when approached by the BBC and they declined to
- 1:19comment on the situation. And in an earlier, notice
- 1:22Microsoft announced that its advertising platform would see
- 1:25supporting Twitter starting April 25th, or Bentley ad buyers
- 1:31won't be able to access their Twitter accounts through
- 1:33Microsoft's social management tool.
- 1:36However, other social media channels such as Facebook
- 1:39Instagram, and Linkedin will remain available.
- 1:42Now, Twitter's press, email responded, of course, with the
- 1:46customary poop emoji and provided no further
- 1:50clarification on, what's going on between Twitter?
- 1:53Elon Musk, and Microsoft. Now, in a separate tweet musk
- 1:58expressed his openness to ideas But maintained his stance
- 2:01against Microsoft. He argued that ripping off
- 2:05Twitter's database, the monetizing it and then selling
- 2:08the data to others is not a viable solution.
- 2:12This comes after Twitter, began charging for the data.
- 2:14It collects from its hundreds of millions of users in February.
- 2:17And since acquiring Twitter for forty four billion dollars in
- 2:21October musk has made significant changes cutting its
- 2:25Workforce by about 80% and implementing measures to boost
- 2:29the Penny's finances, such as charging users, for blue
- 2:33checkmark, verifications now, in recent months, major companies
- 2:39like apple have reportedly halted advertising on the
- 2:42platform, due to content. Moderation concerns.
- 2:45However, musk remains optimistic about Twitter future claiming
- 2:49that. Almost all advertisers have come
- 2:50back or said they're going to come back.
- 2:53He believes that Twitter could turn a profit by the second
- 2:55quarter of 2023 and is open to selling the company if the right
- 2:59buyer, mmm. Urges stay tuned as we develop
- 3:03more on this story coming up. And we're going to add allies a
- 3:05little bit more about this. And what kind of implications
- 3:08are going to be having, what I'm going to be happening for both
- 3:11Twitter and Microsoft in this ever-evolving Tech Feud.
- 3:16Now let's continue with this discussion, we're going to
- 3:21examine the implications here. So this Feud raises questions
- 3:25about data, privacy, intellectual property in the
- 3:28future of social. Dia in an increasingly
- 3:31competitive Tech landscape in. Additionally, we'll explore how
- 3:35you lines leadership at Twitter is shaping the platform what it
- 3:37means for users advertisers and competitors.
- 3:41Our data privacy has become a Paramount concern in today's
- 3:44digital world and musk's allegations against Microsoft
- 3:47bring this issue to the Forefront.
- 3:49Now proven true, Microsoft's, alleged unauthorized, use of
- 3:53Twitter data, can have severe consequences, potentially
- 3:56resulting, in legal action, and a blow to the tech Giant's.
- 4:00Ian. Moreover, the situation raises,
- 4:02the question of whether other companies might be using social
- 4:05media data without permission prompting further investigation
- 4:09into Data privacy practices and the legal battle between Twitter
- 4:13and Microsoft could set a precedent for intellectual
- 4:16property rights or IP in the tech industry.
- 4:19If Twitter were to win the lawsuit, it would serve as a
- 4:23warning for other companies, to be more Vigilant in respecting
- 4:26data ownership and privacy. On the other hand, if Microsoft
- 4:31defends its action successfully it might signal a need for Clear
- 4:35guidelines that data usage and sharing between tech companies
- 4:39and elon's Leadership. And Twitter has undoubtedly
- 4:43brought about significant changes both in terms of the
- 4:46platform's business strategy and its user experience.
- 4:51The introduction of paid feature such as Blue Tick.
- 4:53Verification of data, access plans reflects musk's vision for
- 4:57a more financially stable to better.
- 4:58However, these changes may also alienate some users who are
- 5:02accustomed to a free and open platform on the internet.
- 5:04And as Twitter continues to evolve under musk's guidance
- 5:09remains to be seen how the platform will strike a balance
- 5:11between profitability and user satisfaction and user
- 5:15experience, and the conflict between Twitter and Microsoft.
- 5:20Also serves as a, reminder of the intense competition in the
- 5:24tech industry. There's multi-billion dollars
- 5:27invested in Her and Microsoft and as the social media platform
- 5:32of choice, any of these platforms Vie for users and
- 5:36advertisers the boundaries between them and other Tech
- 5:39Giants have kind of become blurred this rivalry between
- 5:42Twitter and Microsoft can lead to Innovation and better user
- 5:47experiences. But I can also result in clashes
- 5:50like the one between musk and Microsoft.
- 5:54Now, ultimately, these conflicts May reshape the industry over.
- 5:58ER, all forcing companies to re-evaluate the strategies and
- 6:02their Partnerships. And also re-evaluate, how they
- 6:06make money from advertising, and how they make money from user
- 6:11data. Now, it's clear that the feud
- 6:14between Twitter and Microsoft, is more than just, a
- 6:17disagreement between two Tech Titans.
- 6:20This conflict highlights, the complex interplay of data,
- 6:23privacy intellectual property and competition in the tech
- 6:27industry. We keep an eye on how the
- 6:29situation unfolds here, will be here to provide you with the
- 6:33latest updates and Analysis looks for the ever-changing
- 6:36landscape of technology and its impact on our lives.
- 6:39So that's it for today, the Elon Musk podcast.
- 6:43Thanks for tuning in and don't forget to subscribe or follow on
- 6:46whatever podcast platform you're on right now and SpaceX is
- 6:49recent test flight of its next-generation Starship
- 6:53spacecraft mounted on the powerful super heavy rocket
- 6:56ended in an explosion. Shortly after its launch from
- 7:00Boca Chica Starbase Texas on April 20th of 2023.
- 7:04Now, there is no crew on board this and the focus now shifts
- 7:08from this explosion, to understanding the impact of the
- 7:11explosion, on local communities, the health of those communities
- 7:16in the surrounding habitat and Wildlife including the
- 7:19endangered species of the area. Now, the explosion resulted in a
- 7:24widespread distribution of sand and Ash, like particulate
- 7:28matter. Heavier debris, far beyond the
- 7:31expected debris field. And, as a precaution, the FAA,
- 7:35the Federal Aviation Administration has grounded
- 7:38spacex's Starships, super heavy launch program, pending the
- 7:41result of a mishap investigation.
- 7:45No injuries are public property damage have been reported as of
- 7:49Friday of last week. Now SpaceX CEO Elon Musk had
- 7:53acknowledged before the test flight that the Starship vehicle
- 7:56was likely to explode. However, he did not predict the
- 7:59destruction of the launch pad or the far-reaching spread of
- 8:03particulate matter, which affected residents and habitats
- 8:07in nearby towns like Port Isabel and South Padre Island up to
- 8:11five miles away. The explosion has raised
- 8:14concerns about the potential health risks associated with the
- 8:18Ash and sand like particular matter and the potential effects
- 8:21on soil health and the consequences of inhaling or
- 8:24touching the particulate matter. Remain unknown.
- 8:28Additionally The noise particulate in heavier debris
- 8:31generated by the explosion. May have had a significant
- 8:35impact on endangered species in the area, such as the piping
- 8:39plover and the sea turtles that are nearby.
- 8:42And also Kemp's Ridley, which is a critically endangered species.
- 8:46Now, the full extent of the environmental impact of the
- 8:48SpaceX launch can only be determined after samples are
- 8:52evaluated in the debris. Field is comprehensively
- 8:55measured particulate, emissions or regulated.
- 8:58Under the federal Clean Air Act and Texas state law and are
- 9:02known to be associated with pulmonary and respiratory
- 9:05issues. They're considered a high
- 9:07priority pollutant by the EPA critics argue that the FAA in
- 9:12Space X, then not adequately assess.
- 9:15The environmental risks associated with a launch in
- 9:17roads were damaged and Gates were closed.
- 9:20Following the explosion hindering, the ability of
- 9:23wildlife, biologists and field researchers to study the damage
- 9:26and nearby Wildlife Refuge areas.
- 9:29Musca stated that SpaceX could be ready to launch again in 1 to
- 9:332 months. However, before this can happen,
- 9:36the FAA must determine that any system process or procedure
- 9:40related to the mishap does not affect Public.
- 9:43Safety, the FAA and the Texas regional office of the US fish
- 9:47and wildlife service are still gathering information on the
- 9:50environmental impacts of the launch.
- 9:53And in the meantime SpaceX must complete additional
- 9:55environmental mitigations and asked the FAA to amend their
- 9:58launch. It's before they can gain
- 9:59clearance for another launch. Now, some experts believe the
- 10:03FAA requirements will be minimal and easy for the company to
- 10:06fulfill but not ultimately effective in protecting local
- 10:09residents and endangered species.
- 10:11Now a senior attorney with the center for biological diversity,
- 10:15stated, we are not against space, exploration for the
- 10:18company or against SpaceX. But while we're looking to the
- 10:21Stars, we should not readily sacrifice communities, habitats
- 10:25and species as Jared Margolis senior attorney at the center
- 10:28for Biological diversity in the aftermath of the Starship
- 10:32explosion has prompted discussions on the need for
- 10:35more, stringent environmental and safety protocols.
- 10:38When it comes to space, exploration with SpaceX and
- 10:41other private companies. Continuing, to push the
- 10:43boundaries of space technology. It's essential to ensure that
- 10:47the environment and local communities are not compromising
- 10:50the pursuit of progress and in response to the incident
- 10:53environmental groups and concerned, citizens are calling
- 10:56for more transparent and thorough Environmental
- 10:59assessments before future launches.
- 11:02This would involve greater collaboration between private
- 11:04companies like SpaceX the FAA and other regulatory bodies such
- 11:08as the US fish and wildlife service.
- 11:11The objective would be to develop comprehensive safety and
- 11:14environmental guidelines, the minimize risk to communities
- 11:17wildlife and the environment. Additionally, there is a need to
- 11:21invest in research and development to explore
- 11:24innovative ways of mitigating, the environmental impact, of
- 11:27space, launches this. Include developing new tech and
- 11:30materials that reduce emissions noise and debris generated
- 11:33during a launch. Furthermore, the industry could
- 11:36also explore alternative methods for propulsion have a lower
- 11:40environmental footprint. Now, the environmental risks,
- 11:43highlighted, by the SpaceX Starship explosion.
- 11:46Also raised questions about the long-term sustainability of
- 11:49space, exploration, and it's companies like SpaceX aim to
- 11:52establish human settlements on Mars and other celestial bodies.
- 11:56It's crucial to evaluate the potential consequences.
- 11:58Fences for our homeland Earth, and the ecosystem and habitats
- 12:04that are down here. And as we venture further into
- 12:07the cosmos striking, a balance between our ambitious, space
- 12:09exploration goals, and preserving the environment.
- 12:12Must remain a top priority implementing more robust, safety
- 12:16measures conducting thorough environmental assessments and
- 12:19investing in Innovative Technologies.
- 12:21Will be a key to ensure that our Pursuit Of The Stars doesn't
- 12:25come at the expense of people communities.
- 12:28Tats and endangered species here at our home planet of Earth.
- 12:33The SpaceX Starship explosion serves as a wake-up call for the
- 12:36space industry regulators and the public at large.
- 12:39But you have to remember that this was just a test vehicle and
- 12:42it underscores the importance of taking a proactive approach to
- 12:46understanding and addressing the environmental and safety
- 12:49concerns that come with space exploration.
- 12:51Now SpaceX in the FAA and environmental activists could
- 12:55work together and the journey to the Stars.
- 12:58Could be everybody. And while they will ensure that
- 13:03we protect and preserve our planet for future generations to
- 13:07come. Now, thank you so much for
- 13:09listening to the Elon Musk podcast today.
- 13:11If you liked this episode, please take a second and
- 13:13subscribe or follow on whatever podcast platform you're on.
- 13:17If you're on Apple podcasts, please leave us a good review.
- 13:20If you like the show, I would greatly appreciate it.
- 13:22Helps us out tremendously to grow this show and we're trying
- 13:26to grow as fast as possible and we are growing Good.
- 13:29So thank you to everybody out there.
- 13:30Who's left? A five star review.
- 13:32You're amazing. Thank you so much.
- 13:35And we have a truly fascinating story.
- 13:37Today that has the global automotive industry buzzing.
- 13:39We're going to be taking a deep dive into Tesla's aggressive
- 13:42price, cutting strategy, the brainchild of Elon Musk and his
- 13:46audacious bid to dominate. The industry is dividing
- 13:49opinions. Drawing comparisons to the likes
- 13:51of Henry Ford and also to Steve Jobs.
- 13:54However some critics are asking if he's more akin to Rick
- 13:57Wagner, who's ready? He led General Motors down a
- 14:00precarious path in the past and this episode will this sect
- 14:04musk's latest strategic pivot which could either revolutionize
- 14:07the industry or spark a crisis reminiscent of the one than a
- 14:11goal GM in 2009 will examine how the Tesla price cuts are
- 14:16creating shockwaves across the market, the potential
- 14:19implications for competitors, and what it all means, for the
- 14:22future of the EV industry, Elon Musk had a Quest To Rule The
- 14:27automative world. His strategies are polarizing to
- 14:31say the least and some compare them to Henry Ford in the model
- 14:35Tiara While others like a name to Steve Jobs, bringing about
- 14:39the iPhone Revolution. But what if he's more like Rick
- 14:42Wagner, who led General Motors to near destruction.
- 14:46Now, Tesla has numerous price Cuts this year.
- 14:48Taking nearly a third off, the cost of its top, selling us
- 14:51model have left industry, insiders debating, whether this
- 14:54strategy is revolutionary or desperate Ford.
- 14:58See. CEO, Jim Farley compared musk to
- 15:00Ford himself, citing the development of an Innovative
- 15:03product, efficient manufacturing and driving down costs as key
- 15:07similarities. And on the other hand, musk is
- 15:10applying Silicon Valley tactics to the EV industry and attempt
- 15:14to outperform Rivals, like rivi and auto and Lucid Auto Group
- 15:19Inc. Now, the cautionary example of
- 15:21General Motors comes to mind as Wagner's Reliance on incentives
- 15:25after the September 11th Terror attacks, ultimately led to GM
- 15:28and Chrysler's bankruptcy in 2009.
- 15:31And while Ford narrowly avoided the same fate and Tesla's plans
- 15:35have been scrutinized before with investors like Jim chanos
- 15:39David Einhorn Cathy wood and Ron Baron divided over the company
- 15:43survival in the growth. Potential Tesla stock has surged
- 15:46more than 750 percent last five years, proving doubters wrong
- 15:52and short Sellers as well. And musts latest, strategic
- 15:54shift could dictate the future of an industry that Tesla has
- 15:58already up. Ended in the past decade and as
- 16:00the pandemic disrupted auto supply and demand musk is
- 16:04betting, that competitors will have no choice but to respond to
- 16:07his price Cuts. Now, despite Rivals attempting
- 16:10to weather the storm of Tesla's, price-cutting internal changes
- 16:13within the company, suggests a shift in musk's approach.
- 16:17Tesla's, growth has been consistent with two new
- 16:20factories opening in Germany in Texas, last year, roughly
- 16:23doubling potential output in 2022.
- 16:26However, pestles lineup has an Expanded as much with both new
- 16:30plants, focusing on the successful model y SUV.
- 16:34And while the model why is demand has been impressive
- 16:37selling for over sixty five thousand dollars in the US last
- 16:41year. The model 3 sedan is in Greater
- 16:44need of a refresh, as it approaches its sixth
- 16:46anniversary. Without a major redesign in
- 16:50update, though is reportedly due sometime later this year, two of
- 16:55the world's top selling TVs are Tesla's.
- 16:57The model y, in the model 3, And they demonstrate the company's
- 17:00dominance. In this market, the only other
- 17:02vehicle near the top of the global sales.
- 17:04Ranking is a four thousand five hundred dollar mini car produced
- 17:08by a joint venture between two Chinese manufacturers and GM.
- 17:13Now Tesla's unmatched, economics of scale techniques to do that
- 17:17into high-volume v's and production.
- 17:19Allow it to reduce costs and vehicle prices now Rivals like
- 17:23Vivian and Lucid as well as forward and other incumbents
- 17:26developing EV operations. Are far from breaking even now
- 17:31musk's price cutting strategy makes achieving sustainability
- 17:35even more challenging for competitors, and it's battery
- 17:38costs have yet to reach, parity, with combustion engines GM, CEO,
- 17:42Mary Barra and CFO, Paul Jacobson acknowledged, the need
- 17:46to lower costs and response to Teslas competitive results and
- 17:50margins. No mask remains bullish though.
- 17:53Let me that Tesla could theoretically make no profit up
- 17:57front and still earn money from self-driving software.
- 18:00This statement is met with skepticism is musk has a history
- 18:03of over selling Tesla's, autonomous driving capabilities
- 18:06and Tesla's cash cushion has grown as well, but the company's
- 18:10Automotive gross margin has slipped to its lowest point in
- 18:1311 Quarters at just 19 percent. This could indicate the musk has
- 18:19less Choice into blending price, Cuts that he has led on to be
- 18:24that would test the falling short of its growth objective.
- 18:27Last year, increasing vehicle sales by 40% the company, set up
- 18:31production, Target for this year, roughly in line with that
- 18:34rate if not slower and even after musk's aggressive
- 18:38discounting in the first quarter, deliveries increased 37
- 18:41percent from a year earlier. Tesla's, declining Automotive,
- 18:45gross margin has become a focal point for investors.
- 18:49The company removed, any mention of this margin from its earning
- 18:51deck, Fortune analyst to calculate the figures
- 18:55themselves. A Tesla has had mixed success
- 18:58with redesigns. In the past updates to the model
- 19:01S sedan, and the model X SUV. Two years ago were minimal in
- 19:06these vehicles are now showing their age, Tesla delivered just
- 19:09ten thousand. Six hundred ninety, five
- 19:11combined units in the first quarter.
- 19:14Must cutting prices and average of almost twenty three thousand
- 19:18dollars a piece. Now, Tesla, Mark the s&x down
- 19:22further in the first week of this month, then change Tech
- 19:26bumping prices back up a bit. One day after those earnings
- 19:28came out. Now, CEO of Ford Farley's
- 19:32comparison of musk to Henry, Ford is largely positive, but he
- 19:36did allude to one key lesson. Ford learned after his
- 19:39reluctance, to replace the Model, T allowed GM and others
- 19:43to catch up. And as Tesla faces a turning
- 19:46point, the company's aggressive price cutting strategy.
- 19:49May prove to be a game-changer or we could serve as a
- 19:52cautionary tale for the future of the automotive industry.
- 19:55Tesla's bold moves, have the potential to revolutionize the
- 19:58market for vehicles and they also carry significant risks and
- 20:03if competitors failed to adapt, Tesla May emerge as the dominant
- 20:07forcing industry. However, if the company's
- 20:09price-cutting strategy backfires or proves unsustainable, it
- 20:13could lead to A crisis similar to the one face by General
- 20:16Motors in 2009. And as the EV Market continues
- 20:20to evolve all eyes will be on Tesla and Elon Musk with a
- 20:25company's Gamble's with price cutting and price bumping.
- 20:29Will they pay off and Propel. Everything it to unprecedented
- 20:32Heights or will history repeat itself and test.
- 20:35The find itself in a precarious position like GM in the past and
- 20:40only time will tell the outcome of this high-stakes game.
- 20:44In the automotive industry, but recent chaos surrounding
- 20:47Twitter's verification system under musk's leadership.
- 20:50So, there is a roller coaster ride of check marks and
- 20:54celebrity reaction and it's all over the place.
- 20:57So in as the CEO of Twitter musk decision to revamp, the
- 21:01platform's verification process by introducing Twitter blue.
- 21:06Subscription model has sparked a frenzy in the online world and
- 21:10from celebrities losing their coveted blue checkmark.
- 21:14Subsequent back last and then restoration of those badges
- 21:19implications of this debacle and how it impacted the way we View
- 21:24and interact with one another on Twitter and social media.
- 21:27Well, I think Iman is just getting started here.
- 21:31And on Thursday, the social media Universe was rattled by an
- 21:34event, second only to HBO's The Leftovers Twitter, CEO, Elon
- 21:39Musk, finally follow through on his drawn-out promised to
- 21:43eliminate. Innate, the so-called Legacy
- 21:45verification. Check marks for users, not
- 21:48paying for the platform's premium Subscription Service,
- 21:51Twitter, blue, and the result a chaotic frenzy.
- 21:54That's more entertaining than any movie out there, right, now,
- 21:59and musk. First proposed this idea in
- 22:01October of 2022 and then he followed this because he
- 22:04acquired social media, giant for 40 plus billion dollars.
- 22:09And he announced his subscribing to Twitter blew would not only
- 22:11Grant users the standard. It's like fewer ads and longer
- 22:15video uploads, but also bestow the coveted blue checkmark on
- 22:20their accounts. Previously, this symbol of
- 22:23prestige was reserved for notable figures and news
- 22:26government in entertainment. Now, anyone could obtain it for
- 22:31eight dollars a month. However, the blue checkmark
- 22:34faced several days of delays, due to issues like rapid
- 22:40impersonation and musk eventually dubbed, the original
- 22:43checkmarks Legacy checkmarks and vowed to remove unpaid blue
- 22:48checks, calling the previous distribution system.
- 22:51Corrupt and after a few more months of delays, the great
- 22:55checkmark Exodus finally arrived on April 20th.
- 22:58Much to the dismay of the 420 celebrators who saw their
- 23:02checkmarks vanish like smoke. Now is check marks where strip
- 23:07from Legacy accounts previously, verified celebrities and others
- 23:11had to pay the monthly fee to retain their badges.
- 23:14Now this sparked a frenzy among Twitter users who eagerly
- 23:17checked which stars had kept a check marks and paid for the
- 23:20privilege. The difference in check mark
- 23:22status among Superstar accounts, with millions of followers
- 23:26quickly became glaringly apparent celebrities, like Lady,
- 23:30Gaga Adele, Jennifer Lopez, who all apparently refused to pay
- 23:35the fee, they lost their check marks.
- 23:38And from someone like Lady Gaga and outspoken Advocate, this
- 23:42decision might be a deliberate stance against musk's history of
- 23:45re-platforming and a transphobes and associated people with the
- 23:52right wing. Now meanwhile some of the most
- 23:55obnoxious and controversial figures in the spotlight like
- 23:58Taylor Swift and also Ellen Degeneres and Jimmy Fallon have
- 24:02reportedly paid for Twitter blue.
- 24:05It's also surprising that stars like Nicki Minaj and most of the
- 24:08Kardashian Clan haven't yet joined the bandwagon especially
- 24:11given that they don't like the social media drama number of
- 24:15other celebrities, including Shawn Mendes, Ryan Reynolds
- 24:18Rihanna Chris Hemsworth, Neil. Patrick Harris - Cyrus the
- 24:22weekend and they've all kept their checkmarks.
- 24:25Now while eight dollars might be insignificant to them, the fact
- 24:28that they easily surrender to must demand speaks volumes about
- 24:31their susceptibility to power. In the end, the most
- 24:35entertaining aspect of the blue check.
- 24:37Max occur is when the celebrity reactions to losing their
- 24:40verified status. Halle Berry Charli, XCX little,
- 24:44nozick's all tweeted their thoughts on the situation with
- 24:48some expressing relief in others.
- 24:49Embracing this new, Change and two days after The Purge musk
- 24:54appeared to be backtracking on his decision.
- 24:58Prominent figures like Stephen King and Chrissy.
- 25:01Teigen saw the check marks return with some like Seinfeld
- 25:05star Jason. Alexander it's listing, they had
- 25:07paid nothing and given no consent for the restoration, the
- 25:11checkmark restoration seem to extend to a wide array of
- 25:14notable figures, including Pope, Francis and former President.
- 25:17Donald Trump now has the check marks appeared again,
- 25:21Celebrities clarify that they hadn't changed their minds about
- 25:24paying for the service While. Others were simply happy to see
- 25:27the verification restored, the future of the eel on Twitter
- 25:30Saga remains uncertain. But one thing is clear musk is
- 25:34far from having a firm grasp on the situation as of right now.
- 25:39Now in the aftermath of the great checkmark debacle users
- 25:42and celebrities like are left questioning the true value of
- 25:45Twitter's verification system and as must controversial
- 25:49decisions, continue to divide the social The world, it's
- 25:52difficult to predict what changes May lie ahead as
- 25:55Twitter. Blew subscription model
- 25:56reshapes, the platform conversation surrounding the
- 25:59impact of money and influence on social media verification have
- 26:03intensified that will this new system, ultimately create a
- 26:07hierarchy among users or could it be an opportunity for a more
- 26:11Equitable verification process. The blue check mark has long
- 26:15been considered a status symbol and the current chaos
- 26:19surrounding its distribution is put this Concept on another
- 26:23clout level and it's also under the microscope.
- 26:28Many users are now questioning whether the prestige associated
- 26:31with the check, mark is even worth the cost in the
- 26:34controversy. And the celebrity responses to
- 26:37the Twitter blue Fiasco range from Defiance and humor to
- 26:40relief and ambivalence highlighting, the complex
- 26:43relationship between public figures in their online.
- 26:46Personas now a social media continues to play an Ever
- 26:49growing role in our lives. It's crucial to consider the
- 26:52impact of these digital symbols on how we perceive and interact
- 26:56with one another now, Twitter Blues.
- 26:59Verification Massacre is created a whirlwind of drama reactions
- 27:03and contemplations on the value of online verification and
- 27:07celebrity influence. Now as the social media
- 27:09landscape continues to evolve one can only wonder what the
- 27:13future holds for Twitter. The coveted blue check mark all
- 27:18of the users. What's going to happen with the
- 27:20celebrities? Not sure.
- 27:22So this is just the beginning of the process for the blue
- 27:25checkmark and for verifications. So, if you'd like episodes like
- 27:29this, if you'd like the Elon Musk podcast, please take a
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- 27:41quick review. Five stars is the best, of
- 27:44course, but also if you liked this episode, please feel free
- 27:48to let everybody know about it. We're diving deep into a
- 27:52tumultuous Saga, involving Elon musk's Twitter Microsoft and a
- 27:56contentious API pricing uproar. It's sending ripples through the
- 28:01Digital Universe from the repercussions of Microsoft seven
- 28:05ties with Twitter on its head platform to Twitter's evolving
- 28:08stance on freedom of speech. Under musk's rain will be
- 28:12unpacking at all. So whether you're a tech
- 28:14Enthusiast, or a die-hard musk fan, or just curious about the
- 28:18inner workings of the tech world.
- 28:19We got you covered. So What is this?
- 28:22All about, why our Twitter and Microsoft and Elon Musk kind of
- 28:26working together, but not really working together, in an
- 28:29unforeseen turn of events, Microsoft tech Powerhouse, with
- 28:33a two point, one five trillion dollar market cap is pulling
- 28:37Twitter from its advertising platform.
- 28:40This move comes on the heels of Twitter's announcements that it
- 28:42would commence charging a substantial minimum of forty two
- 28:46thousand dollars per month for users of its API.
- 28:51Which impacts a wide user base that spans Enterprises to
- 28:55research institutions. Now, the notification of the new
- 28:59pricing structure delivered in March to users via email was met
- 29:02with bewilderment and dismay a report by wired deemed the new
- 29:06pricing scheme as one that prices out, nearly everyone.
- 29:11However, Twitter's owner, Elon Musk.
- 29:12Who recently took over the platform, seems unmoved by the
- 29:16growing discontent. Microsoft's decision to drop
- 29:19Twitter from its advertising platform.
- 29:21It is intriguing and as a tech giant with around 100 billion
- 29:24dollars in cash on hand, at the end of last year, Microsoft
- 29:28could effortlessly foot the bill for Twitter's, Epi the decision
- 29:31seems more of a statement than a financial necessity, although
- 29:35Microsoft remains reticent, about the specifications behind
- 29:39its moves. So, the email sent to its
- 29:42customers read starting on April 25th, 2023.
- 29:46Smart campaigns with multi-platform will no longer
- 29:49support Twitter and that digital marketing Center.
- 29:52The DMC will no longer support Twitter starting on April 25th,
- 29:572023. This move implies that users
- 30:00will lose access to their Twitter account via Microsoft's
- 30:03free social media, Management Service.
- 30:05They will also no longer have the ability to create schedule
- 30:09or manage tweets to the platform.
- 30:11However, this shift, does it impact all social media
- 30:14platforms as per a report by net?
- 30:17Mashable companies, using Microsoft advertising, will
- 30:20still be able to manage and create content for Facebook,
- 30:24Instagram and Linkedin musk as expected.
- 30:28We reacted with dismay even going as far as threatening
- 30:31legal action in a tweet referring to Microsoft's
- 30:34licensing agreement with open a.i. a company.
- 30:37He founded in 2015 and later left, he wrote They trained
- 30:41illegally using Twitter data lawsuit time.
- 30:46So, mux reaction to Microsoft's. Decision is understandable,
- 30:50considering his ongoing efforts to attract advertisers on
- 30:53Twitter. It is efforts, come after
- 30:55reportedly losing over half. Twitter's top 1000 advertisers
- 31:00following his takeover of the platform in late October, musk
- 31:04has been actively engaging with the advertising Community
- 31:07including appearing on stage with the chairman of global
- 31:10advertising. And Partnerships it nbcuniversal
- 31:14expressing openness to their concerns about Twitter.
- 31:17I'll be at emphasizing, you will not make changes, he doesn't
- 31:20believe in. Now, amidst the Microsoft
- 31:22controversy must also faces criticism over his decision to
- 31:27charge for Twitter's API access. He defended the move stating,
- 31:31I'm open to ideas but ripping off the Twitter data base, the
- 31:35monetizing, it removing ads and then selling our data to others
- 31:38isn't a winning solution. Additionally.
- 31:41Musk's version of Twitter has been under scrutiny for its
- 31:44cooperation with government content requests data from the
- 31:48lumens database indicates that since musk's take over Twitter's
- 31:52compliance rate with governmental.
- 31:54Request has skyrocketed from approximately 50 percent to over
- 31:5880 percent out of 971 requests, Twitter, fully complied with 808
- 32:04and partially fulfilled, an additional 150 for the company
- 32:08hasn't specified. How it responded to nine other.
- 32:11Quest's. Now, this trend is particularly
- 32:13concerning considering that many of these requests come from
- 32:16countries with questionable human rights records such as
- 32:19India and turkey and under musk's management.
- 32:22Twitter has not refused any government, requests stark,
- 32:25contrast to the occasional deniers.
- 32:28Before his take over this raises eyebrows, particularly since
- 32:32musk braided himself as a free speech absolutist.
- 32:35And touted Twitter is a platform where no rules would hinder,
- 32:39free speech. Now, Microsoft Sam move to
- 32:42distance itself from Twitter. Seems to be a telling sign of
- 32:45the unrest brewing and Mike's Twitter stakeholders is musk's
- 32:48vision for the platform becomes increasingly.
- 32:50Clear, and the irony is palpable, because every musk's
- 32:54instrumental role in the launch of the Twitter files.
- 32:57These leaks brought to length. The inner working of Twitter's
- 32:59content moderation pipeline revealing, how US federal
- 33:03agencies, private organizations and groups.
- 33:05Submit a request for content to be flagged and removed the
- 33:09files. Have Good critics with some
- 33:11interpreting them as evidence of a censorship industrial complex
- 33:16and others dismissing them as inconsequential musk, use the
- 33:21exposure from the Twitter files, as a platform to promise, a less
- 33:25moderated free or Twitter. However, with the recent
- 33:28revelation of Twitter's compliance data is becoming
- 33:31clear that musk's promises were at best empty and the social
- 33:35media platform isn't Freer under musk.
- 33:38If anything, it appears to have grown more Client, contrary to
- 33:41the Free Speech. Sanctuary must head, initially
- 33:44promised, and the kerfuffle over Twitter's new API pricing, has
- 33:48far-reaching implications on the surface.
- 33:51It's a struggle between Tech Giants.
- 33:52But looking deeper, it symbolizes a broader conflict
- 33:55about freedom of speech, privacy in the cost of doing business in
- 33:59the digital age. Microsoft's decision, could
- 34:02spark a wider movement of companies reassessing the
- 34:04relationship with Twitter with potential, Ripple effects on the
- 34:08platform's advertising Revenue. And the market position now for
- 34:12the regular Twitter users of the small to medium sized
- 34:14businesses. That rely on the API, the
- 34:16changes represent a significant obstacle, the new pricing
- 34:20effectively prices out all but most deep-pocketed users, it's a
- 34:24shift that could fundamentally alter the Twitter ecosystem
- 34:28potentially driving away users and advertisers to other
- 34:30platforms. Meanwhile must controversial
- 34:34head handling of the governmental request puts
- 34:36Twitter in a difficult position, the increase compliance rate
- 34:39under musk's Management. Clashes with the ethos of
- 34:43Internet Freedom, the many users expect from the platform.
- 34:47The situation is further Complicated, by the involvement
- 34:50of countries with dubious human rights records.
- 34:53Raising questions about Twitter's ethical responsables
- 34:56as Twitter, enter is a new era under musk's leadership.
- 34:59It finds itself grappling with dilemmas that could shape its
- 35:02future from strained relationships, with tech giants,
- 35:05like Microsoft to concerns about freedom of speech and the cost
- 35:08of access Twitter. Stands at a crossroads right now
- 35:11and the decisions made now, one undoubtably influence, the
- 35:15platform's trajectory if relationship with the users and
- 35:19its role in the global conversation.
- 35:21Now as observers of this transformation, we can only wait
- 35:24and see where this path leads us.
- 35:26All thank you so much for listening to the Elon Musk
- 35:29podcast today. I appreciate your support.
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- 35:45take care of yourselves and each other, and I'll see you in the
- 35:48next one.