This morning, Musk announced that he was going to buy the company. He bought 9.2% of the company for $3 billion and then declined a board seat. The CEO of the two companies was going to speak at the conference in order to have a conversation that would be available to the public.
Chris Anderson asked Musk why he made an offer to buy the social network.
I think it's important for there to be an inclusive arena for free speech. He said that it was important that people had both the reality and the perception that they were able to speak freely within the bounds of the law.
Musk identifies as a free speech absolutist and understands that he must follow U.S. laws.
It is not against the rules to disagree with someone on the platform, but the rules do prohibit things like hate speech, targeted harassment and COVID-19 misinformation, so it is not clear what kind of changes Musk would actually want to make to the platform. He said that he wants his platform to mirror the approach that platforms like Parler and Truth Social are taking. He thinks it's ok to put users in time out, but that permanent bans aren't productive.
Musk wants the code of his company to be available on the website. Several U.S. legislators have called for greater transparency around social media, especially in the wake of the leak of a document showing that Facebook favors content that is more likely to infuriate users.
Musk wants to reduce the amount of junk mail on the platform.
The top priority would be to eliminate the bot armies on the social networking site. If I had a doge coin for every scam.
He suggested that the edit button would only be available for a short period of time after a post. He said that if a tweet is edited, it would lose all of its likes and retweets, but this would serve the same purpose as just deletion and writing something new.
It is still up in the air whether or not Twitter will accept Musk's $43 billion offer. According to The Information, the business mogul is expected to have his offer turned down. Musk assured the audience that he has a plan B, which he refused to elaborate on.
Musk said that having a public platform that is broadly inclusive is important to the future of civilization.
Anderson invited the notable shitposter to wax poetic.
Growing up, Musk was obsessed with truth and studied physics to understand the truth of the universe.
He said that he wanted to expand the scope and scale of consciousness so that he could better understand the nature of the universe.
That is a statement from someone who posts more jokes than a fifteen-year-old on the internet.
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