We’re not all experts at everything. If we were, not only would it be extremely taxing to keep up to date with all our areas of expertise (that being all of them), but also, it would rather diminish the use of the word “expert” in any sort of comparative sense. And so we should probably stick to our own lane, and get on with our own expert stuff, rather than trying to be a master of all trades, and a jack of none.
I’ve mentioned on here more than once about the eye-opening experience of finding out just how many people considered themselves experts on microbiology when Covid came around. And just how misguided and plainly incorrect much of that “expertise” actually was. Because it’s reasonable to think that someone sharing their apparently learned opinion on something you don’t know about, should probably be talking sense until they start talking about something you know a lot about, and then you realise just how little they actually understand.
I’m not alone in feeling this way. This has been doing the rounds again today:
This, as the Loud Mouth Space Wanker drags what’s left of the rotting corpse of Twitter uphill in the driving rain, through the acidic, rocky mud towards the inevitability of the waiting teeth of the scrap grinder.
And while this is just an opinion piece, it’s an opinion piece by a real expert: one with over 18 years experience in covering media and technology stories:
Put it all together, and X isn’t just worth less than Musk paid for it, but likely less than its debt. Assume that the company’s revenue last year was $4.7 billion, based on results before it was taken private. If advertising has dropped by half, then this year’s sales should be a bit over $2.5 billion. Put that on the same enterprise-value-to-sales multiple as Snap, which is down to a mere 3 times, and X is worth around $8 billion.
Just because he has a lot of money (less now, of course) and a big mouth, doesn’t mean that he’s an expert at everything. Or perhaps, anything.
By all means stay away from his cars and rockets. It’s easily done.
There’s every chance that his software might not be around much longer for you to stay away from.