{"id":505157,"date":"2022-10-30T15:50:01","date_gmt":"2022-10-30T12:50:01","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/with-twitter-musks-influence-enters-uncharted-territory\/"},"modified":"2022-10-30T15:50:01","modified_gmt":"2022-10-30T12:50:01","slug":"with-twitter-musks-influence-enters-uncharted-territory","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/with-twitter-musks-influence-enters-uncharted-territory\/","title":{"rendered":"#With Twitter, Musk&#8217;s influence enters uncharted territory"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_89 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6af20f26055c4\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6af20f26055c4\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/with-twitter-musks-influence-enters-uncharted-territory\/#%E2%80%9CWith_Twitter_Musks_influence_enters_uncharted_territory%E2%80%9D\" >&#8220;With Twitter, Musk&#8217;s influence enters uncharted territory&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CWith_Twitter_Musks_influence_enters_uncharted_territory%E2%80%9D\"><\/span>&#8220;With Twitter, Musk&#8217;s influence enters uncharted territory&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<div class=\"article-gallery lightGallery\">\n<div data-thumb=\"https:\/\/scx1.b-cdn.net\/csz\/news\/tmb\/2022\/in-buying-twitter----l.jpg\" data-src=\"https:\/\/scx2.b-cdn.net\/gfx\/news\/2022\/in-buying-twitter----l.jpg\" data-sub-html=\"In buying Twitter -- largely with his own money, but also with significant backing from investors who expect a return on their own risk -- Elon Musk has taken on a huge potential liability.\">\n<figure class=\"article-img\">\n            <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/scx1.b-cdn.net\/csz\/news\/800a\/2022\/in-buying-twitter----l.jpg\" alt=\"In buying Twitter -- largely with his own money, but also with significant backing from investors who expect a return on their o\" title=\"In buying Twitter -- largely with his own money, but also with significant backing from investors who expect a return on their own risk -- Elon Musk has taken on a huge potential liability.\" width=\"800\" height=\"516\"\/><figcaption class=\"text-darken text-low-up text-truncate-js text-truncate mt-3\">\n                In buying <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> &#8212; largely with his own money, but also with significant backing from investors who expect a return on their own risk &#8212; Elon Musk has taken on a huge potential liability.<br \/>\n            <\/figcaption><\/figure>\n<\/p><\/div>\n<\/div>\n<p>First, Elon Musk revolutionized the automobile industry, then he tackled space <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/trip-and-travel\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Trip &amp; Travel\" target=\"_blank\" rel=\"noopener\">travel<\/a>. By taking control of Twitter, the eccentric billionaire now wields a nearly untold level of influence.<\/p>\n<p>                                                                                In using his fortune to grab hold of such an important platform, experts say, he has even inserted himself squarely in today&#8217;s global political conversation.<\/p>\n<p>&#8220;He is not just expressing views on an instrument of communication, he now owns it and sets the policy of how that instrument will be used,&#8221; Jeffrey Winters, a specialist in elites and oligarchs at Northwestern University, told AFP.  <\/p>\n<p>The question now is what he will do with that power, starting with the topic on everyone&#8217;s mind: Whether or not Musk will allow former US president Donald Trump to return to the site. <\/p>\n<p>Without anyone to answer to, Musk &#8220;is going to change the constellation of political voices that are going to be expressed through Twitter,&#8221; Winters said. <\/p>\n<p>According to the professor, Musk represents a typical oligarch\u2014a person whose fortune lends them social and political power not available to an average citizen\u2014though Musk does not have any governments or militaries under his control.<\/p>\n<p><b>Oracle<\/b><\/p>\n<p>In the business world, Musk&#8217;s bona fides as an innovator are well-established. <\/p>\n<p>&#8220;He goes into directions that people just never go in, and he creates brand new products that proved to be highly effective and successful,&#8221; said Nicholas Colas, co-founder of DataTrek Research.<\/p>\n<p>Musk did not invent the electric car, but with Tesla, &#8220;he showed it was possible in a big scalable way,&#8221; Colas explained. <\/p>\n<p>With SpaceX, Musk introduced internet satellites and reusable rockets, technologies that were &#8220;something that&#8217;s been promised but never really delivered until he came along,&#8221; Colas added. <\/p>\n<p>For Colas, Musk can in some ways be compared with inventors as prolific as Thomas Edison or iconic <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">App<\/a>le founder Steve Jobs.<\/p>\n<p>He has proven at least that he knows how to make money: Tesla is by far the highest-valued car company on the stock market and SpaceX is worth more than $125 billion. <\/p>\n<p>So when the richest man in the world gives his two cents on a business matter, such as his opinion on a company or on cryptocurrency, like an oracle\u2014his fans listen.<br \/>\n                                            <!-- Google middle Adsense block --><\/p>\n<p>He can shake up the markets with just a few words. <\/p>\n<p>In 2021, when Musk edited his Twitter bio to simply say &#8220;#bitcoin,&#8221; the price of the virtual currency temporarily soared 20 percent. <\/p>\n<p>He could have stuck to his role as a businessman and adopted a low profile. According to Winters, that&#8217;s what most rich people do, fearing hostile reactions to their wealth. <\/p>\n<p>They employ lawyers and lobbyists to discreetly protect their interests, sometimes financing political campaigns. <\/p>\n<p>But &#8220;Elon Musk is unafraid to be very rich and very visible,&#8221; Winters said. <\/p>\n<p><b>Red line?<\/b><\/p>\n<p>&#8220;The creation of Tesla as an iconic brand brought him to people&#8217;s attention and great wealth,&#8221; said Arizona State University communication and marketing specialist Mark Hass. <\/p>\n<p>&#8220;Then he just was willing to put himself out there continually on social media on issues that other CEOs would never publicly engage (with) the way he did,&#8221; he added. <\/p>\n<p>&#8220;He&#8217;s not afraid to say what is on his mind, regardless of who he insults, regardless of which regulator he angers,&#8221; said Hass. <\/p>\n<p>When Musk took to Twitter to propose a peace deal between Kyiv and Moscow, he probably viewed himself &#8220;as just giving his opinion like anyone else,&#8221; Winters said. <\/p>\n<p>&#8220;When you control the satellites that are important for Ukrainians&#8217; ability to communicate, your opinion has massive ripple effects,&#8221; he explained. <\/p>\n<p>But in Washington, Musk still has less influence than other financial heavy-hitters such as JP Morgan&#8217;s Jamie Dimon or Goldman Sachs&#8217; David Solomon, who &#8220;control the banking system,&#8221; Colas said. <\/p>\n<p>In buying Twitter\u2014largely with his own money, but also with significant backing from investors who expect a return on their own risk\u2014Musk has taken on a huge potential liability. <\/p>\n<p>&#8220;He can&#8217;t just flip a switch and make an anarchy there (at Twitter), because every big advertiser will back away,&#8221; Colas cautioned. <\/p>\n<p>&#8220;He likes to push things to the edge,&#8221; Hass said. And so far, &#8220;he&#8217;s never self-destructed.&#8221;<\/p>\n<p>But in controlling Twitter, Musk has a more direct line to the public than ever before, and &#8220;I don&#8217;t know where his red line is,&#8221; Hass added.\n                                                                                                                        <\/p>\n<hr\/>\n<div class=\"article-main__explore my-4 d-print-none\">\n<p>                                            Musk says he&#8217;s &#8216;excited&#8217; about buying Twitter, but overpaying\n                                        <\/p><\/div>\n<hr class=\"mb-4\"\/>\n<p class=\"article-main__note mt-4\">\n                                                \u00a9 2022 AFP<\/p>\n<p>                                        <!-- print only --><\/p>\n<div class=\"d-none d-print-block\">\n<p>                                                 <strong>Citation<\/strong>:<br \/>\n                                                 With Twitter, Musk&#8217;s influence enters uncharted territory (2022, October 30)<br \/>\n                                                 retrieved 31 October 2022<br \/>\n                                                 from https:\/\/techxplore.com\/<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a>\/2022-10-twitter-musk-uncharted-territory.html<\/p>\n<p>                                            This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no<br \/>\n                                            part may be reproduced without the written permission. The content is provided for information purposes only.<\/p><\/div>\n<\/p><\/div>\n<p><script id=\"facebook-jssdk\" async=\"\" src=\"https:\/\/connect.facebook.net\/en_US\/sdk.js\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more Like this articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/science\/\" target=\"_blank\" rel=\"noopener\">Science category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/techxplore.com\/news\/2022-10-twitter-musk-uncharted-territory.html\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;With Twitter, Musk&#8217;s influence enters uncharted territory&#8221; In buying Twitter &#8212; largely with his own money, but also with significant backing from investors who expect a return on their own risk &#8212; Elon Musk has taken on a huge potential liability. First, Elon Musk revolutionized the automobile industry, then he tackled space travel. By taking&#8230;<\/p>\n","protected":false},"author":1,"featured_media":505158,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/scx2.b-cdn.net\/gfx\/news\/2022\/in-buying-twitter----l.jpg","fifu_image_alt":"","footnotes":""},"categories":[16],"tags":[],"class_list":["post-505157","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sciencee"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/505157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=505157"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/505157\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/505158"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=505157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=505157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=505157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}