Latest / Elon Musk Podcast / Elon Musk Stepping down as head of twitter: according to own poll
Transcript
- 0:01On December 18th, Elon Musk on December 18th, Elon Musk posted
- 0:07a poll on Twitter and the question was, should I step down
- 0:11as head of Twitter? I will abide by the results of
- 0:14this poll. 42, .5 percent said, no fifty.
- 0:19Seven point five percent said, yes, there were Seventeen point
- 0:24five million votes on this pole So, according to this one data
- 0:31set on December 18th, Elon Musk has stepped down from the head
- 0:36of Twitter. He's not going to be in charge
- 0:40of Twitter anymore if he abides by the results of this poll.
- 0:45Now, there were some interesting characters that came out of the
- 0:47woodwork during this process and I'm not sure if you and I'm not
- 0:52sure if you're familiar with the website called Myspace.
- 0:55It was basically the first social networking site or one of
- 0:58the first social networking sites.
- 0:59Back in the day. There was Friendster and Myspace
- 1:02of a couple small ones that were more targeted for like action
- 1:05sports. Some Myspace was the big one.
- 1:08You can make yourself a profile, you could put some cool GIF.
- 1:13Animations in the background and have some background, midi
- 1:16music, playing and sparkly things, all over your profile.
- 1:20And in a tweet by Tom Anderson who's the founder of Myspace, he
- 1:25said depends on who you get to run it with a little scratch,
- 1:30your chin Emoji after it. So could this be an indication
- 1:35of some plans going on behind the scenes?
- 1:38We're not sure yet. There's been no talk from Elon
- 1:42since this poll about what could be happening to the head of
- 1:45Twitter and all of this drama happened.
- 1:49Right after there was sort of a rug pull of new rules by
- 1:54Twitter. The CEO of Twitter, Elon Musk
- 1:58Has Gone Bananas. According to some, because he
- 2:01instated a rule For promotion of alternative social platforms.
- 2:07This is a policy that was added to Twitter in December of 2022.
- 2:12This is a place where people discuss politics where they
- 2:16discuss articles that they've read, they discuss all sorts of
- 2:20things all across the internet and they link out to them.
- 2:24And that's what are the benefits of having Twitter.
- 2:26And having a social media platform is that you can show
- 2:28people where to go, what to see and how to get there.
- 2:33Now, the new policy on Twitter was that there are prohibited
- 2:37platforms that you can't post out to prohibit a platforms.
- 2:41You can't link out to them, prohibitive platforms, our
- 2:43Facebook, Instagram, Mastodon, truth social tribal post and
- 2:51Nestor. I'm not sure what that last one
- 2:52is an OST. Our Ed also third-party social
- 2:56media link, aggregator such as link tree and linked by.
- 3:00Oh, Examples, follow me and then your username on Instagram,
- 3:06something like that. So basically people that were
- 3:09spamming all of their other socials because they didn't like
- 3:13the direction that Twitter was headed, they would post them out
- 3:17onto the profile, a tweet it out once or twice a day, maybe put
- 3:20it in their profiles and say, hey follow me on Mastodon.
- 3:23This is a new place that I'm going to be at.
- 3:24I'm not really digging what's going on over here Twitter.
- 3:27So I'm going to be over a true social or Macedon or Instagram,
- 3:30or Facebook or wherever. It is, or you can check out all
- 3:33my links on all these other platforms like link tree.
- 3:35So, Elon made this policy that you can't put those links in
- 3:39your profile, and you can't put them in your tweets, okay?
- 3:44I understand where they're coming from with this because
- 3:47promoting another social media platform on any platform.
- 3:52It drives people away, safe from Twitter to go to Facebook, but
- 3:56if you like Twitter, you'll stay on Twitter.
- 3:58It's basic economics. Its basic business.
- 4:01And if you send somebody off to another platform, they enjoy
- 4:04that platform even more than Twitter.
- 4:06They're going to make the choice anyway eventually, so you can
- 4:11keep them on your platform right now and offer them something
- 4:14that the other platform is don't have which is something great
- 4:19and if you can go over to Facebook and you can find that
- 4:21thing that's not on Twitter you're probably going to stay on
- 4:23Facebook anyway so that's where Twitter is coming from.
- 4:26Don't send them off the platform because they might find
- 4:29something or someplace that they want to hang out instead.
- 4:31Said they didn't say anything about Reddit, though, which is a
- 4:34weird one. Because, right, it is a pretty
- 4:38great place to hang out if you're looking for information,
- 4:41which also Twitter is full of information as well, but Reddit,
- 4:47not on this list like surprisingly.
- 4:49I'm really surprised and shocked by that one because, right, it's
- 4:52very active. This policy was put in place.
- 4:55December 18th at around 5:00, p.m.
- 4:59Eastern Standard Time. And then the same day, December
- 5:0419. Well, so the next day, I guess
- 5:0612:20 a.m. no more policy around midnight.
- 5:10They yank the policy out about six hours later.
- 5:13Everything was back to the way it was before and apparently you
- 5:17can link out to other sites again or still.
- 5:20But there's no clear indication. If this is coming back, or if
- 5:23you can get banned for linking out to other sites and this
- 5:26comes from when all of those reporters, remember, just the
- 5:29other day, when all the reporters, Is and all the
- 5:31journalists and all those people were tweeting about Elon and
- 5:35Elon jet. Well, this all kind of loose
- 5:39back to that. Elon band a bunch of these
- 5:43reporters and journalists and they mostly had other accounts
- 5:48on other social media platforms. They had Mastodon accounts, they
- 5:52may have had a Facebook account or an Instagram account, or
- 5:54something like that and Ilan solve it and they said, hey this
- 5:59is stupid idea. Like, why do we want to do?
- 6:01That's why we want to link out to other peoples platforms.
- 6:04It doesn't make any sense, financially I get it.
- 6:06You know, say if you're here's a good analogy that one of my
- 6:10friends told me when we were talking about this.
- 6:13See if you run a Ford Motors a dealership, you know, you're
- 6:16trying to sell your Ford cars, your Ford trucks or SUVs trying
- 6:19to get, you know, them to buy a 40,000 dollar vehicle.
- 6:23Why would you talk to them about a Chevy vehicle?
- 6:26At that point makes total sense. They might go down to the Chevy
- 6:30dealership and see Similar for a little bit less price.
- 6:34And they may go over there by that car or truck and spend
- 6:37thirty thousand as opposed to 40,000 or 35,000.
- 6:41You lost that sale. And that's what Twitter thought
- 6:43about with these link outs. You're losing a sale.
- 6:46You're losing money. When people leave your platform
- 6:49in about a six hour time frame, six or seven hour time frame,
- 6:52Twitter changed a huge huge policy and it doesn't exist
- 6:59anymore but we'll bring you up to date on that.
- 7:01When something comes about that, let's let's talk a little bit
- 7:04about Elon leaving as the head of Twitter.
- 7:08I December 18th at 6:43 p.m. eastern time.
- 7:12This is about 28 minutes, twenty twenty some odd minutes after
- 7:17the first poll, Ilan. Twitty tweeted as the saying
- 7:20goes be careful what you wish as you might get it, this is a
- 7:24weird thing to say that closely. After you do a pole like this,
- 7:29Because if you think about it, he's saying I could possibly
- 7:33either maybe put somebody worse in.
- 7:36I'm not sure. I don't know what he means by.
- 7:37This is kind of cryptic, as the saying goes, be careful what you
- 7:41wish is you might get it. So maybe the pole because he
- 7:46lost the poll 57 point. Five percent said yes, 42.5 said
- 7:51no. So according to that poll, he's
- 7:54leaving. But if we wish for him leaving,
- 7:56what does that mean? Does it mean he's going to be
- 7:59shutting down? Twitter doesn't mean that he's
- 8:01going to be leaving as a CEO is the, the, the head of Twitter
- 8:05now or is he going to just leave it with no head of Twitter?
- 8:10You know, maybe there's no head and maybe it's run with a
- 8:14different sort of business model, where everybody's kind of
- 8:17in charge, it's something like valve does when you're
- 8:22developing software for their platform, where you're
- 8:24developing a new game, you kind of find your your place.
- 8:28It's in the development cycle. You choose that.
- 8:30You pick that. You think you can do your best
- 8:32job there and then you just kind of work on stuff.
- 8:35That's maybe elon's talking about something like that.
- 8:39But as the saying goes be careful what you wish.
- 8:41As you might get it, if you're wishing for Ilan to leave, I get
- 8:46it. I understand it.
- 8:47He's a very controversial figure and people that are listening to
- 8:51the show right now. You understand it as well.
- 8:54You might, you may love his V's, you may love to You may love
- 8:58Tesla in email of SpaceX, it might even have a Tesla.
- 9:03You might have even visited SpaceX a headquarters in
- 9:06Hawthorne, you may have even did what I did and went down to the
- 9:09Starship facility in Texas. I spent 10 months down there
- 9:14because I believe in his vision. I believe in the vision of
- 9:16SpaceX and the Starship facility in Boca Chica, Texas is
- 9:21absolutely amazing. Absolutely stunning and
- 9:25insanely. Cool.
- 9:28But do you think I'm going to propose this question to you?
- 9:32Because I think we should all kind of think about this if
- 9:34we're if we're a fan of Elon or if we're not a fan of you on, do
- 9:38you think this is kind of a little bit too much?
- 9:42To do the Twitter thing to do SpaceX to do Tesla to do boring
- 9:46company. Neurolink Etc, he's tweeted
- 9:49recently. He said he's not really doing as
- 9:52much as they used to do at SpaceX in or Twitter or Tesla,
- 9:57sorry, and everybody else that he put in charge, they're doing
- 10:02their jobs, great. And he doesn't need to be there
- 10:04as much as he used to do. And he doesn't need to spend the
- 10:07time there. He doesn't need to sleep on the
- 10:09factory, floors anymore. He doesn't need to live Boca
- 10:12Chica Texas, he thrives on the startup mentality, he gets
- 10:17things going, he hires the right people, he puts them in the
- 10:21positions where they will be successful and move.
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- 12:35backblaze.com, Ilan. So Gwynne, Shotwell with SpaceX
- 12:41without Gwen. She's in charge of the Starship
- 12:44program. Now, without her down at
- 12:47Starship, he led would be running too thin to be able to
- 12:51be down there all the time and he doesn't own a home.
- 12:53There there is a home on Highway 4 on the way down to Starbase in
- 12:58SpaceX is Boca Chica, Starship facility on the way down there
- 13:04and it's a it's a property. The SpaceX owns in it's a nice
- 13:08home on the way down, but I don't believe it's a Elon Musk
- 13:11house. He has a little house that he's
- 13:16renting out or he's he may have bought it.
- 13:18It's a fifty thousand dollar small home at the Boca Chica
- 13:21facility, but there's no way he's going to spend all of his
- 13:23time down there anymore. They're on a really good track
- 13:26to launch two orbit possibly by the end of this year or early
- 13:29next year. So Ilan doesn't need to be there
- 13:32anymore. So could this mean that the
- 13:34Eland just did what he had to do?
- 13:37He's getting rid of the Bots. He put the blue check mark
- 13:40system in place, you know, you have to pay the eight dollars
- 13:43every month. Now that's going to bring them
- 13:45in some Revenue but also did he shake it up enough and he can
- 13:49put somebody else in charge that could run the business on a
- 13:53day-to-day basis and he could go back to the broader ideas
- 13:57because everybody fell in love with the Elon Musk that was
- 14:01saving the world with Evie's. That was saving people gas
- 14:05money. You know.
- 14:06Like that was one of the Great things about Evie's and Tesla's
- 14:10in the beginning and if you're a Tesla fan you know it as well as
- 14:14I do the technology at that point was light years ahead.
- 14:19It was, it was an order of magnitude or two orders or three
- 14:22orders of magnitudes farther ahead than any ice car at that
- 14:27point. I mean, you haven't basically a
- 14:29Touch iPad for to control your car.
- 14:32That's crazy. Well, that was crazy back in the
- 14:34day, but now, you know, it's a, it's a normal thing in Other car
- 14:39manufacturers are catching on. And finally, I wouldn't say
- 14:43catching up to Elon and Tesla, but he doesn't need to be there
- 14:47on a day-to-day basis because he has people in charge to continue
- 14:50making these decisions and continue building his legacy
- 14:55out, right? So you're always as somebody
- 14:57like Steve Jobs, you always rely on the people that build your
- 15:00products and always rely on the people that you hire because
- 15:04they're experts, you hired them for a reason, you pay them all
- 15:08of this. Money for a reason.
- 15:09And the reason is because they do a really great job, there are
- 15:13experts in their field and this is kind of where I think Elon is
- 15:17at this point. Now later on that night on
- 15:20December 18th. Wall Street.
- 15:23Silver said in a tweet. Yep, he already has the new CEO
- 15:29picked out. Ilan, will retire to be chairman
- 15:33of the board and Tweeter? Okay, so maybe he's chairman and
- 15:37maybe he's going to move up or move sideways.
- 15:40Have somebody else be in charge, but maybe he is a
- 15:43decision-maker. He's one of the decision makers.
- 15:46Elon tweeted back replied. No one wants the job who can
- 15:49actually keep Twitter alive. There is no successor Okay, so
- 15:54this is a, this is an interesting tweet, there's no
- 15:58successor to him at Twitter. Could he be shutting Twitter
- 16:02down? I, there's no way he already
- 16:06spent other people's money to buy Twitter.
- 16:09They want their money back. They want to make their money
- 16:11back and right now Twitter isn't making as much money as it needs
- 16:17to make in order to pay those people back right away.
- 16:20Maybe two, three years, maybe four years, five years, who
- 16:23knows. But the reason the Elan bought
- 16:26Twitter was to build it into this giant platform with a
- 16:29payment processor and all these other ideas.
- 16:34That he had hosting larger video files longer, video files,
- 16:39monetizing video, monetizing audio, monetizing tweets, maybe
- 16:44like a super tweet kind of thing like a like a YouTube.
- 16:48Thank you, Super Chat. Kind of thing or like a Reddit
- 16:51where you can give them awards for their for their tweets and
- 16:54for their posts. So you can pay somebody x amount
- 16:58of crypto or money or whatever because you enjoy their tweets
- 17:01and you're a fan of their work. And I'm going to make money with
- 17:04that. But you know on says there's no
- 17:08successor, nobody who actually keep Twitter alive wants the
- 17:11job. What kind of company needs
- 17:16somebody that specialized in one role in order to stay alive?
- 17:22Nobody wants a job who can actually keep Twitter alive.
- 17:25There's no successor. Nobody wants a job.
- 17:28I think there are probably some qualified people out there that
- 17:31would really love to take the Helm of Twitter.
- 17:35And run it, make it profitable, you know, of course, discuss
- 17:41things with the chairman of the board Elon Musk in the future,
- 17:45there's nothing there be no better job for somebody that's
- 17:50interested in a social media. Then to be the the person that's
- 17:55running the platform and another person that jumped in here, the
- 17:5918th kim.com notorious for filing for a, his a
- 18:04file-sharing. Service kim.com said, hey, Elon
- 18:09Musk. It's unwise to run a poll like
- 18:11this when you were now deep State Enemy Number One, if the
- 18:14biggest bot Army on Twitter, they have 100,000 analysts with
- 18:1940 or 30 to 40 accounts, all voting against you.
- 18:23Let's clean up and then run this poll.
- 18:25Again the majority has faith in you.
- 18:29And then somebody named unfiltered boss said, blue
- 18:33subscribers should be the only ones that can vote in
- 18:36policy-related, polls. We actually have skin in the
- 18:39game. Ilan said good point.
- 18:43Twitter will make that change. So, you have to pay to vote on
- 18:49Twitter now. So instead of power to the
- 18:52people like Elon said before, he wants everybody to have a voice,
- 18:56a democratic voice, everybody across the land to be able to
- 18:59speak their mind freely. Now, he's saying you have to pay
- 19:05to vote so you can't speak freely.
- 19:08You're not speaking freely, you have to pay eight dollars to
- 19:12speak freely. You can't vote without paying
- 19:15money to this guy. So is that going to hamper any
- 19:19of these new polls coming out for me?
- 19:21Lon he was supposed to abide by the first poll.
- 19:26If he can prove that most of those people that voted, yes,
- 19:28were Bots. I get it.
- 19:30Run another poll, but ban those Bots move forward.
- 19:35Don't make people pay money to voice their opinion.
- 19:39It doesn't make any sense. And that's me being critical
- 19:41because I think everybody should have that voice as well at.
- 19:45You have that voice as well, you should let people know, Ilan
- 19:49know on Twitter that you, if you don't think that's a good idea.
- 19:52Tell him, you know, that's the whole point.
- 19:55It's a democracy. See over there.
- 19:56Now we're supposed to be able to talk and say whatever we want to
- 19:59say and Free Speech absolutist if you want free speech, don't
- 20:04put a pay wall up for people to speak their mind.
- 20:10That's not the way it works. It's not the way it should work
- 20:14in my opinion. And, you know, I'm a huge fan of
- 20:17Elon Musk. Let me, let me run this back a
- 20:19second. I'm a huge fan of this guy's
- 20:22work. I like I said, I moved to Texas.
- 20:25I'm from New York. I've never, I've only been a
- 20:28Texas twice in my life and both times.
- 20:32I thought it was extremely hot. The people were nice is
- 20:34extremely hot, but I didn't want to live in Texas ever.
- 20:38I never saw myself there and then I had the opportunity to
- 20:42move to Starbase. Well your Starbase in
- 20:43Brownsville and it was you know I did it because I believed in
- 20:48the vision of Elon Musk. So I admire his work, I admire
- 20:54what he's done but this seems like a weird kind of weird thing
- 21:00to, to take up arms. For good point, Twitter will
- 21:03make that change. He said about the blue
- 21:06subscriber should be the only ones that can Vote in
- 21:08policy-related polls. Now, will he roll it back?
- 21:13Will he say his first ball doesn't work, you know it's not
- 21:16the right one because there's Bots or will he say?
- 21:20You know what, I'm gonna step down maybe he'll just gonna
- 21:22change his title you know, that's what he wants done
- 21:24before. Maybe he's not going to be the
- 21:28head honcho were or have a certain title the head of
- 21:32Twitter. Maybe he's going to does name
- 21:34himself, you know, twit and charge or something like that or
- 21:37or twit master or something. You know, who knows, who knows
- 21:40what he would say, but you never know with a lot.
- 21:43He's kind of out there sometimes now, I really do appreciate you,
- 21:48you know, hanging out here with me today and I'm glad we can
- 21:52have these conversations sometimes.
- 21:53They're tough conversations and that's fine.
- 21:55Sometimes, I don't want to hear this stuff either, you know, I
- 21:59want Ilan to be the Bastion, the savior of all of, you know, the
- 22:04humanity I want. I want him to do the right thing
- 22:07and I want him to focus on the things that are important.
- 22:11You know, the things that are important.
- 22:13Of course, free speech is important.
- 22:15Can we have free speech without Twitter?
- 22:16Yeah, of course we can, you can walk outside your house if
- 22:19you're in America and if you're in the u.s. you can walk outside
- 22:22your house and say anything you want to anybody want to can you
- 22:25Can use do anything you want to do.
- 22:28Kinda I mean, as long as you don't break laws.
- 22:30Yeah, sure. You can say anything you want to
- 22:32say, as long as you're not harming, other people is
- 22:35Twitter, the place where you need to speak freely, is this,
- 22:38the place where ideas are shared now as opposed to, in real life
- 22:43and how many people are on Twitter, compared to what the
- 22:46population is? And in the u.s., it would be a
- 22:49really good study to figure out population density of Twitter,
- 22:53compared to population density of all of The u.s. also, it's
- 22:57really good platform for people to speak freely from other
- 23:00countries as well. And I met I do still want to
- 23:03single out the us but since I am from the US, it's easy for me to
- 23:06talk about that so other countries it's it's a really
- 23:10great Bastion for free speech. You can say anything you want to
- 23:12say as long as you don't harm other people and maybe if they
- 23:16put this policy back into place maybe the free speech of linking
- 23:21out to other. Platforms.
- 23:23Could be, could be helpful to other people and the EU has laws
- 23:28coming onto the books next year. I think it's May of next year,
- 23:34it's early early to mid next year.
- 23:36Banning people from Banning platforms from Banning people
- 23:43that link out to other sites. So this is going to be an
- 23:46interesting time for Twitter in the next three, four, five
- 23:50months because if they put those Policies in place where they you
- 23:54can ban your profile for linking out to another site.
- 23:58The EU is not going to really enjoy that and they're going to
- 24:03start. I believe it's a 20% on all
- 24:06revenue. I believe that's what it is.
- 24:09So don't quote me on that, I don't have the numbers in front
- 24:12of me right now but there's a lot of money at stake here.
- 24:16If they continue going down the road that Elon wants to put them
- 24:19on. Now I want to say thank you for
- 24:21listening this long and I appreciate your support.
- 24:24Of course, of course. I love you all.
- 24:25And you know, I want you to do well and I want you to please
- 24:29make your voice heard to Elon about what's going on.
- 24:31His Twitter handle is at Elon Musk.
- 24:34You can get ahold of the guy. You can comment on it, you can
- 24:37add him, whatever. You need to do and you can run
- 24:40your own polls. Nobody has to charge for your
- 24:41poles, do they? I don't think so.
- 24:44So that would be a great great way for you to contact.
- 24:47Elon, if you want to continue listening to Elon Musk news,
- 24:51please hit the Subscribe button on any podcast platform that
- 24:54you're listening on. I really do appreciate your time
- 24:56today. And I really am thankful that
- 24:58you're here. So take care of yourselves
- 25:01please and your fellow humans and I'll see you next time.
- 25:05Bye bye.