Tuesday, April 19, 2022

Too Dangerous to Allow Elon Musk Control Over So Much Data Says Washington Post, sundance

 Too Dangerous to Allow Elon Musk Control Over So Much Data Says Washington Post

April 19, 2022 | sundance

According to the New York Post, “Musk himself is willing to invest between $10 billion and $15 billion of his own cash to take Twitter private, two sources close to the situation said. That’s up from the current 9.1% stake in the company he revealed on April 4, which is worth about $3.4 billion.”

People are starting to catch on to the reality that costs for data processing on many social media platforms (the free coffee), exceeds the ability of the platform to generate revenue.  People are starting to understand that behind the scenes of the Big Tech consortium, there is something else, some other operational construct and mechanism, that subsidizes & facilitates their existence.

Marc Andreessen believes Govt and Big Tech will double, triple and quadruple down to keep their public-private partnership, the backbone of the Free Coffee Shop, hidden.  I cannot say I disagree, because ultimately it is still only the minority of people who understand the stakes.  However, on the upside, the number of people who are starting to understand it, is growing almost exponentially thanks to Elon Musk.

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