![]() ![]() ![]() ![]() It makes sense, then, to look at the decisions of recent years regarding disinformation as being driven by money. Capitalist corporate governance theory suggests that corporations do things for one primary purpose: to make money. They put big signs in front of their windows to entice us with attractive offers. They change the flavor of their drink because they think we will like it better and therefore buy more. They start tracking us efficiently to show off their supposedly effective advertising practices. Corporations make decisions based on different goals and agendas. Supposedly, Twitter is fighting climate misinformation because it does not believe in it and sees it as harmful to the planet, our lives, the future, etc. It is an interesting thought worth exploring. Recently, the Argentine journalist Gustavo Noriega wondered if Twitter's latest corporate trend of reacting to misinformation is about to end now that Elon is in charge. Some of us wanted the Internet to go back to the way it was in the 1990s (the beautiful early days of chaos and distributed craftsmanship), but we will likely see it regress a hundred years further: from the technocratic realm of corporations with executives trying to capture shareholder value, we are about to see what a one-man rule with something resembling sovereignty can do (if he is not too concerned about money, by the way, a big if). (Although I do foresee a lucrative niche there at least for a while.) But I would like to present just one hypothesis here: the changes we are about to see in the coming months will probably be driven by different forms of corporate governance. I do not plan on becoming Elon's interpreter. What should we expect? Like every time a business changes hands, the new owners arrive full of ideas, expectations, dreams, and goals. Twitter will then cease to be a public company. I started writing this post when Elon Musk's offer to buy Twitter became known when I was finished, it was a done deal. Internet platforms governance moves at breakneck speed. ![]()
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