Should Elon Musk Have Just Launched A Brand New Social Media Platform?

By Adam

A “teardown”, in the world of real estate, is when a building or house is completely destroyed to build a new one. When a remodeling project is too costly, or if the renovations are too extensive, it’s often decided to tear down a building.

Elon Musk is currently undergoing a redesign of Twitter that could not be in line with the original design. In fact, as he has changed so many features of the former Twitter—which is being rebranded as “X”—the question that could be asked is why he didn’t simply start from scratch.

Rob Enderle from the Enderle Group suggested that starting something completely new is usually easier than re-architecting an existing product to achieve something it was not intended for.

Enderle added, “Musk has clearly shown that he doesn’t have the skills to manage Twitter. He has also made a number of costly mistakes. It’s possible he could succeed by building what X becomes, but he doesn’t seem to know much about building X. So again, he would be forced to learn through trial and error, which will almost certainly lead to failure.”

What does X mark?

Reuters said earlier in the week that Musk’s choice to rebrand Twitter to X may lead to legal issues, since companies such as Meta and Microsoft have already acquired intellectual property rights for the same letter.

The old Twitter changed the @Twitter handles to @X despite Gene X. Hwang using it for many years. Mashable reported on Wednesday that Hwang received no compensation for losing his handle.

The company has the right to use that username. Mashable pointed out that, except for trademark issues with social media sites, most users have no rights to their specific handles.

This action by X shows clearly that it may not be a well-thought out plan. Every week, a new policy or feature is introduced. It was announced this month that unverified accounts will be restricted to 600 posts. Meanwhile, in June it became clear that all advertisers would have to pay to subscribe to verified content.

Charles King, Pund-IT’s principal technology analyst explained that what we are seeing is Musk improvising in the moment. He’s smart and talented, but his forte is not in social media nor large-scale engagement with customers. “Given the amount of money required to buy, he appears desperate to make the company profitable. However, his choices, so far, have undermined rather than enhanced the value.”

App Everything

It’s possible that X remains a work-in-progress and the final result could be much bigger than Twitter was. It’s still unclear why Musk didn’t just start over with a brand …read more

Source:: Social Media Explorer

      

Aaron
Author: Aaron

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