On October 28th, tech billionaire and entrepreneur Elon Musk announced that he had acquired Twitter. In a subsequent tweet, he said that Twitter would be forming a “content moderation council” with widely diverse viewpoints to make decisions about what content is allowed on the platform.
Twitter will be forming a content moderation council with widely diverse viewpoints.
No major content decisions or account reinstatements will happen before that council convenes.
— Elon Musk (@elonmusk) October 28, 2022
Only time will tell whether Elon Musk’s latest social media venture will be successful. However, there are several reasons why it is unlikely to succeed. Namely, there is no evidence that users want or need another social media platform; it is not clear how Musk intends to moderate content on his new platform; there is a risk that the platform will be overrun by spam and bots; and there is no indication that Musk has the manpower or resources necessary to create and maintain a successful social media platform.
On October 28, 2022, tech giant Elon Musk announced that he had purchased social media platform Twitter for an undisclosed sum. The move comes as a surprise to many, as there was rumour that he will not complete the deal.