Elon Musk''s intention to purchase Twitter has finally been discussed, according to Bill Gates, days after speculation of a significant disagreement between the two leaders. He expressed concern, and warned that Tesla''s CEO might actually make Twitter a "worse" platform. In addition to Musk''s comments on Musk''s announcement, Gates issued a statement.
While speaking at The Wall Street Journal''s CEO Council Summit, Gates expressed his concerns about the buyout decision by Tesla CEO, which was initially considered as a hostile move.
"It''s not completely clear what he will do," Gates said of Facebook, where he added that if "[Musk] worsens Twitter, I''ll speak out about that, but I wouldn''t assume that''s what''s going to happen." He also said that social media must play a role in preventing misinformation.
Musk said he wanted to make Twitter "better than ever" by introducing "new features," making the algorithms open source to increase trust, and defeating the spam bots, and authenticating all humans." The decision has, however, not been taken positively by a large group of people.
Human rights organizations expressed concern about the removal of hate speech and stated that the planned changes by Musk might have "disproportionate and sometimes deadly effects," including offline violence.
Jeff Bezos, the founder of Amazon, trolled Musk''s $44 billion (roughly Rs. 3,35,700 crore) cash offer to buy Twitter and asked whether it might give the Chinese government "a little leverage over the town square." Twitter is blocked in China, though Musk has business interests in the country mainly due to its large market size and growing demand for electric vehicles.
The disagreement between Musk and Gates is not a result of the former''s acquisition of Twitter. At the WSJ Summit, Musk took a look at Gates on Twitter, and seemingly confirmed the extent of screenshots of a conversation between them, where he asked the Microsoft executive if he had a $500 million short term (roughly Rs. 3,800 crore) holding him. Musk also said he "would like to discuss philanthropic issues."
At the summit, Gates attempted to justify his trading strategy by saying, "I don''t think whether one''s short or long Tesla is a statement about your concern about climate change."
Er said he applauded Tesla''s role in assisting with climate change, but added that he would talk about the case if Musk made Twitter worse.
"I''m afraid that''s what''ll happen," said the billionaire. Elon Musk, who is second after Musk as the world''s richest person, said.
During the initial phase of COVID-19, Gates was subjected to misinformation, which included mainly social media, with some posts claiming wrongly that he was using vaccinations to track people.
"That''s so unimaginative and almost so odd," he said.
Besides, he said, political leaders had a key role to play in combating misinformation.
"I don''t have the answer to that because of the way that you make these platforms spread truth and not crazy stuff. "I hope many brilliant people are interested in it, but it''s a huge problem in terms of election legitimacy or medical innovation."