If Elon Musk is a reputation that sounds as if it was invented by Ian Fleming, there’s greater than a touch of the Bond villain in regards to the South Africa-born American billionaire. It’s not simply the extraordinary wealth, which hovers across the quarter of a trillion {dollars} mark, however the SpaceX enterprise that sends rockets into house and seeks Martian colonisation (very Hugo Drax and Moonraker) and the hypersensitive ego.
All of those sides of Musk are on painful show in Kate Conger and Ryan Mac’s ebook Character Restrict: How Elon Musk Destroyed Twitter. So unappealing is the portrait this pair of New York Occasions know-how reporters paint {that a} extra becoming title may be Character Assassination. Or it might if it wasn’t for the truth that Musk himself offers most of ammunition discharged on this damning account.
Because the subtitle suggests, the ebook focuses on Musk’s controversial acquisition of the social media platform Twitter, now renamed X, which the authors describe as “a brand new, harsher and far more cynical social media firm”. It appeared an unlikely improvement for somebody who turned the richest particular person on the planet by means of constructing extraterrestrial rockets and electrical vehicles, however Musk began out as an web entrepreneur making his first fortune with a web-based metropolis guides enterprise, earlier than turning into much more filthily wealthy from the sale of his share in PayPal.
He was additionally a Twitter addict, a type of individuals who couldn’t let a day move – and sometimes an hour – with out posting his opinion or reposting another person’s. In a earlier period the gilded lessons favored to reveal their affluence and affect with the possession of newspapers. However as early as 1998 Musk had seen the writing on the display screen.
“I believe the web,” he declared again then, “is the be-all and end-all of media.”
Though Twitter wasn’t the be-all and end-all of something aside from cultural warfare, by the top of the final decade it was established as a significant useful resource for tens of hundreds of thousands across the globe, and the corporate aspired to rival Fb. Its chief govt was Jack Dorsey, a curious hippy-billionaire given to gnomic statements, who tried to navigate a path for the platform between the jagged rocks of libertarian precept and liberal concern. It wasn’t a completely profitable technique, and a divided board finally inspired his exit.
His successor, Parag Agrawal, was a faithful technocrat who appeared to consider that every one options to the poisonous social conflicts related to the platform could possibly be present in higher coding. However he by no means actually received an opportunity to make his mark as a result of he was instantly proven the door when Musk purchased the corporate for $44bn simply over two years in the past. Or reasonably he was legally compelled to purchase it after making an inflated provide from which, regardless of his greatest efforts, he was unable to again out. The courtroom case that clarified Musk’s obligation additionally revealed a cache of textual content messages the billionaire despatched referring to the acquisition. They present a rash, impatient character given to bouts of intimidation, grandstanding, melancholy and megalomania.
In keeping with the authors, he turned obsessive about turning into probably the most adopted contributor on his personal platform
He virtually compelled Twitter to promote to him with none due course of, after which complained lengthy and arduous that he hadn’t had the chance to evaluate the corporate’s true value. Nor did he have any form of coherent plan about the place to take the enterprise. He loathed its promoting mannequin, and set about alienating the businesses that offered most of Twitter’s earnings, but his different – elevating cash by means of a verification system – was ill-conceived and counterproductive.
The extra income declined, the extra he stripped the workforce, thus shedding experience that in flip stymied efforts to reform the enterprise. As he tweeted six months after the acquisition: “How do you make a small fortune in social media? Begin out with a big one.”
The justifying trigger to which he lays declare is free speech, a noble idea that tends to splinter on influence with complicated actuality.
Whereas the authors could also be a contact too inclined to see any questioning of liberal shibboleths as tantamount to hate speech, there’s little doubt that if Twitter all the time had its nasty parts it has grow to be a bigger cesspool, if smaller enterprise, beneath Musk.
All through all of it, with solely minor exceptions, he carries on tweeting – or what are we alleged to name it now, X-ing? In keeping with the authors, he turned obsessive about turning into probably the most adopted contributor on his personal platform, launching a frenzied investigation when the numbers started tailing off, satisfied that disgruntled members of the outdated regime had thrown a digital spanner within the works.
There may be rising proof to counsel that social media is deleterious to psychological well being, and nothing on this ebook leads the reader to consider in any other case
At one level, when a tweet he makes supporting one Tremendous Bowl workforce will get much less consideration than President Biden’s backing of the identical workforce, he walks out of the occasion and flies to San Francisco to supervise efforts to learn the way this presidential scene-stealing had been allowed to occur.
There may be rising proof to counsel that social media is deleterious to psychological well being, and nothing on this ebook leads the reader to consider in any other case. The form of polarised and insular pondering that algorithms on platforms akin to Twitter/X are primed to unfold is in a manner personified by Musk, who has persuaded himself that he’s on a campaign to save lots of America and the world from what he calls the “woke thoughts virus”.
It’s not as if there aren’t troubling points to among the extra self-righteous social justice actions, however Musk has climbed into mattress with Donald Trump, each males citing standard assist whereas being mainly centered on self-enrichment and the gratification of their overweening vainness.
By the top of this ebook, you may’t assist however really feel that Mars might be the appropriate place for this unusual and obscenely rich character.
Character Restrict: How Elon Musk Destroyed Twitter by Kate Conger and Ryan Mac is printed by Cornerstone (£25). To assist the Guardian and Observer order your copy at guardianbookshop.com. Supply expenses might apply
