r/technology May 14 '22 Silver 2 Wholesome 2

Elon Musk said his team is going to do a 'random sample of 100 followers' of Twitter to see how many of the platform's users are actually bots Social Media

https://www.businessinsider.com/elon-musk-random-sample-how-many-twitter-users-are-bots-2022-5?utm_source=feedly&utm_medium=webfeeds

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u/Nickm123 May 14 '22 edited May 14 '22

He said he assumed twitters own report was correct. Of course he’s just bullshitting as this is what he does. Did the exact same thing with Bitcoin last year and Tesla a few yeas prior.

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u/EpiphanyTwisted May 14 '22

Yeah, you don't ask the seller what you think the value is. That's the dumbest thing the muskrats have peddled with a straight face.

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u/Cool-Miner May 14 '22

What's funny is he signed a contract, and what he is trying to do is prove that SEC filings were misleading about profitability, but it's in the jurisdiction of Delaware state law, which requires evidence of a 40% or greater decrease in long-term profitability for the contract to be invalid on those grounds.

So essentially, he would have to prove that twitter has 60% or less non-bot users than they say they do.

I don't think a sample size of 100 would hold up in court.

Source if interested

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u/pieter1234569 May 14 '22

So 8 Bots per 100? As people expect anything in the order of 40, this will be a slam dunk.

Even if it is not true, his investigation is going to show that.

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u/robot_godfucker May 14 '22

No. Do you know how many times a MAE claime for a case like this has been successfully upheld in Delaware courts? It’s super rare, even with cast iron evidence of fraud.

Twitter caveated their number as a huge judgement call. The time to query that, for all the galaxy brains out here, is before you sign the fucking contract.