Ever since billionaire Elon Musk bought Twitter — arguably the world's most powerful social media platform — observers predicted that his radical changes would have significant real-world consequences. Soon they were proved right: Thanks to Musk making it possible for anyone to verify their Twitter account for $8, a bogus account posed as pharmaceutical company Eli Lilly and falsely claimed that they were giving away free insulin. Soon other fake accounts began lying about Eli Lilly's practices, prompting their stock price to plunge and erasing billions in market cap.
"The bottom line is our system is so broken, but there is too much disagreement to really fix it."
