
This Book Author Says Artificial Intelligence Could Save Elon Musk’s ...
- by Forbes
- Jul 09, 2024
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The problems are really at the core of the company, says Wagner. And, by “the core,” we all mean Musk himself, who is prone to making random decisions without thinking through the consequences. He’s a true firebrand in every sense of the word.
“X has not yet figured out a way to build a sustainable business beyond advertising,” says Wagner. “I’m not convinced their move into payments will work, either. So let’s assume advertising is the business model they are stuck with. If that’s the case, I think it will be very hard for X to succeed business-wise with Elon as heavily involved day-to-day as he is right now. If you go talk to big advertisers, one of their chief concerns is Elon’s unpredictability.”
At least with artificial intelligence, there is some chance at relevance—and with social media, relevance is the ultimate engine to drive growth. Lose relevance, and you lose users.
“Elon has a lot of money, and I think he will be willing to pay out-of-pocket to keep X running so long as he believes he’s funding a relevant and important platform for global conversations and politics,” says Wagner. “If X starts to lose its place as the go-to platform to discuss major cultural issues—politics, sports, etc.—I think it runs the risk of losing Elon’s attention, too.”
One of the truly remarkable features of artificial intelligence is that it feeds relevance to itself. It is a perpetual relevance machine. An AI can scour trending topics and ingest relevance like popcorn, one post after the next. While some of us have to play catch-up with the news and keep an eye on Google Trends, AI can fuel growth and relevance on apps like X without lifting a virtual finger.
The problem, of course, is that so can every other social media app. AI wins when it advances faster and with more intelligence than the next app. While X is often handicapped by Musk and his rash decisions, it could also gain a dramatic boost from AI features. Here’s hoping Musk and the rest of the X team figure out how to save the app from themselves.
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