EPISODE · Nov 10, 2022 · 40 MIN
The Capitalisn't of Elon Musk's Twitter
from Capitalisn't · host University of Chicago Podcast Network
[Show Notes: During the episode, Luigi mentions the paper of a Stigler Center Fellow. Here is a ProMarket piece describing this research in further detail: https://www.promarket.org/2022/11/10/the-economics-of-content-moderation-on-social-media/] Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
What this episode covers
Is the world better off now that Elon Musk owns Twitter? The $44 billion acquisition is the largest leveraged buyout of a technology company in history, and also the first time in well over a decade that the ownership of a global social media platform has changed hands. It also begs the evergreen question that this podcast explores: Is the saga an example of Capital-Is or Isn't? Bethany and Luigi debate and discuss the many different aspects of the deal: how Musk might be forced to run Twitter as a traditional business even if he initially claimed otherwise, his content moderation experiments to prevent it from becoming a "free-for-all hellscape", the effects of mass layoffs, and much more.
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The Capitalisn't of Elon Musk's Twitter
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