(FiveNation.com)- According to a billionaire’s buddy, Elon Musk’s purchase of Twitter will enhance the site by increasing openness while maintaining moderation.
Despite concerns about how the world’s richest man would govern the social media site, Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management, believes Musk’s $44 billion purchase of Twitter will eventually benefit the firm and its users.
Gerber said that Musk bought Twitter because he exclusively works on initiatives he believes are “critically vital” for society and humankind and that he will successfully rebuild the social network.
Musk said in a statement that he aims to eradicate spambots and verify all actual users to make Twitter “better.”
Gerber added Musk had “some amazing ideas” to get rid of bots used by foreign governments to sway election results worldwide.
Gerber believes action against the bots is required ahead of the 2024 US election.
Twitter has become a 24/7 news outlet. And social media manipulation was one of the worst things that happened to society in the last five or seven years.
Musk has also portrayed himself as a champion of free expression, raising fears that he may eliminate some regulations and enable Twitter to grow into more contentious and uncensored social networks like Gab.
Musk may also enable banned users, like former President Donald Trump, to rejoin Twitter as part of his suggested ideas for less content control.
Trump has said he will not return to Twitter if permitted and instead use his Truth Social platform, but Gerber believes Trump should be allowed back provided he respects the rules.
Gerber added that we need to stop making arbitrary, opaque decisions. Transparency and decision making is what Musk wants to bring to the platform, and I think he’ll succeed.
Gerber believes Twitter will improve under Musk since present management is doing a “horrendous job” on manipulation and content moderation topics.
“I can think of 100 examples of terrible things,” Gerber added. “It can’t get much worse.”
