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Elon Musk JUST Filed a Massive Lawsuit | Full Breakdown.

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well Elon Musk is back at it again this

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time Elon Musk and the ex-corporation

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formerly known as Twitter are suing the

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Attorney General of California now don't

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get me wrong I love the idea of beating

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up on California because it needs to be

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beaten up on but boy I got some

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reservations about this lawsuit here's

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what we're gonna do I'm gonna break down

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what this lawsuit is then I'm going to

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go through what I think the weakest part

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of this entire lawsuit is and quite

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frankly when you listen to the weak part

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that I reveal in my opinion it turns the

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entire lawsuit on its head and makes

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Elon Musk seem like a weenie baby but

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let's talk about the facts first and

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keep the bias out so that way the Elon

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can do no wrong viewers still have

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something to watch for at least a few

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more minutes all right so the nature of

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action here I've got the entire

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complaint here I've gone through all of

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it and I'm going to give you the gist of

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it so basically California at the end of

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2022 right around a year ago September

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of 2022 past this law called assembly

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Bill 587 assembly Bill 587 requires that

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companies that are social media

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companies which Twitter includes post

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their terms of service dictated by the

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government and include terms about how

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content is moderate that's Twitter's

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definition the actual quote though and

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this is going to become very important

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so listen to this quote super carefully

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because you'll see why it comes up

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importantly later but anyway

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social media companies shall submit

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quote a terms of service report end

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quote that includes among other things

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quote a detailed description of content

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moderation practices used by the social

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media company for the platform and

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information about weather and if so how

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the social media company defines and

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moderates hate speech racism extremism

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radicalization disinformation

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misinformation harassment foreign policy

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interference as well as blah blah other

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information this is all defined under

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the terms of service report definition

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in AB 587

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Twitter now the x-corp is basically

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arguing that this violates the First

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Amendment of the Constitution because it

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basically requires Twitter determine

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what their policy is on well what is

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extremism like if we say we're going to

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go peacefully protest at the you know

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you know with the calls of Congress is

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that extreme is that inciting violence

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it basically makes Twitter have to take

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a stance that's what Twitter is alleging

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Twitter is alleging that they don't want

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to take a stance on what is a pronoun

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what is a woman what is a guy a man what

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is hate speech what is racism what is

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radicalization and they're basically

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saying look first of all we're going to

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use the Dorman uh commerce clause which

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is just a fancy way of saying this is

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congress's job not yours California once

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again you're overstepping your

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boundaries and we don't want you messing

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with our Free Speech we don't want you

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defining how we should view the world

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and so far honestly that sounds very

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reasonable and acts to their defense

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they say things like look ultimately we

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do not want to fall victim to this

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complex dilemma which has previously

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been defined uh as a criticism

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potentially of ab587 which is that

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social media companies might end up

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being forced into too much moderation

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and therefore accusations of censorship

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and suppressed speech or too little

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moderation and then the platform risks

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fostering a toxic and sometimes

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dangerous community

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Twitter goes as far as then taking some

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of the more left-leaning quotes and

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examples from what originally got this

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law passed like quotes from Anthony

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Weiner uh or sorry Scott weiner

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answering Scott weiner different

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politician uh Scott weiner he's a

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Democrat of California and taking quotes

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from him suggesting that oh yeah we want

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social media companies to be pressured

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into taking a stance on this because if

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we pressure companies social media

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companies to take a stance on these

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different issues uh by law then all of a

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sudden we make sure that they have a

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legal obligation to quote not become

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engines for violent hate speech so so

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far this all sounds reasonable right

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Twitter's making the argument look we

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don't want to take a stance on this we

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shouldn't be obligated to this because a

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that's congress's job B we're not here

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to be your leftist weapon of liberal

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defense mechanisms for whatever it is

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that you want in terms of how you define

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hate speech and different disinformation

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or misinformation and so far when you

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phrase all of x's uh arguments like this

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it makes a lot of sense they go through

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here and say look what is hate speech

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what are gender programs what about the

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fight over transgenderism and again what

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what are the biological definitions

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supposed to be Twitter's like look we

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just want to be a platform that's

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protected by section 230 of the

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communications decency act which

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basically says look we are a platform

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not a publisher when you are a platform

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you have immunity from the posts of

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others as long as you follow the law in

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basically moderating things that violate

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the law where necessary a publisher is

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like a newspaper where they can kind of

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choose what they post and that limits a

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Publisher's immunity because they have

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Choice rather than having like a user go

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post whatever they want then if a user

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violates the law it's not Twitter that's

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at fault it's the user that's at fault

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that's basically section 230 in a very

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simple recap and I'm trying to recap all

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of this because I really want to keep it

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simple for you because I want to get to

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where I think the weak part of this is

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so let me make sure I haven't missed

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anything here so uh Twitter is arguing

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that if they don't submit their uh

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essential statement on content

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moderation then they're going to be

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faced with Draconian fines up to fifteen

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thousand dollars in violation per day

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they complain that ab587 imposes

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tremendously burdensome requirements on

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social media companies requiring them to

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keep records about potentially hundreds

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of millions of content moderation

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decisions made on a daily basis and it

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wouldn't be fair to require newspapers

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to outline how they should reply to

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editorial pieces because that would take

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away the editorial freedom of newspapers

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and these are just the arguments that

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they're stitching together now what I'd

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like to do is go back to the first page

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of the actual complaint once we get past

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the uh The Heading letter which

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basically Elon Musk hired four probably

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expensive attorneys Mr kutzabug and

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Abrams and Ross Brook and Cole out of

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New York who are going to be working Pro

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hakoviche in California under the uh

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stewardship of uh attorneys Warren and

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Baker

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anyway that's just the first page so the

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real first page where the meat of the

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matter is over here

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I think there is a big weakness and I

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don't know if they're just expecting the

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judge to roll on this or the attorney

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general not to understand it but if they

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watch this video they're going to see

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the weakness

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and I'm going to explain it to you right

7:42

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down below for next Friday okay so

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what's the weakness and why do I think

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elon's being a weenie baby here all

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right first of all remember how Elon

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when he bought Twitter he's like we're

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going to have transparent content

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moderation

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bro you are literally now filing a

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lawsuit complaining about how you need

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to have transparent content moderation

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fact case and point in your very own

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complaint

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that you wrote your attorneys wrote in

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the first paragraph you say we are

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basically upset that we have to provide

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a terms of service report that includes

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our content moderation policy and

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keywords here information about weather

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and if how so the social media company

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defines and moderates hate speech

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okay but wait a minute information about

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weather and if

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well here's a simple one Elon all you

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have to do is put your terms of Services

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report together and say look we moderate

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where the law says we need to but beyond

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that we actually don't Define these

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things and we don't moderate these

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things all California wants to know is

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your stance now obviously I'm not an

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attorney even though we have an in-house

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legal counsel who sent me these uh all

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of these documents and the exhibits and

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I've been going through reading these on

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my flight back from NorCal

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my opinion as not an attorney here my

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opinion is that Elon is probably trying

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to skirt the requirement to post his

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terms of services because he's trying to

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do two things number one he's trying to

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delay posting the terms of services

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because they don't have the staff yet to

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review the complaints and actually

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manage the terms of services that they

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would post because they fired too many

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people

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second thing is they might get backlash

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if they indicate at all yeah look we

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have to moderate where the law is and

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then they're going to get backlash from

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their base which has definitely started

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leaning a little bit more to the right

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so the next thing is if Elon can push

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this up to the Supreme Court of the

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United States and argue hey look here I

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am I'm Elon I'm fighting

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quote unquote the left arms of

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California

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then it makes him again appeal to his

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base right that's basically what his

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base has become and I'm trying to

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present this as as neutral as far as

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possible you might not know hopefully

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you know because I ran for governor in

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California I call myself a 59 uh or

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sorry 49 51 JFK style Democrat which

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means I really try to look at everything

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from a middle non-bias point of view and

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quite frankly I believe that Elon is

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extremely stressed I think that Elon has

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seen his ad Revenue declines 60 which he

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himself disclosed he's blaming anything

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and everyone that he can he doesn't have

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the staff to moderate even the stuff he

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has to by law he doesn't want to put

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together terms of service report because

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it's going to piss people off even

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though it's not that big of a deal just

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say you don't have to or or you don't as

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a company to find these things it

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literally you wrote it yourself if you

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do disclose how you define well then

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just say you don't

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so maybe there's more to it and maybe I

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need to go deeper into this

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and that's why I'm making this video

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because I really am curious about your

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opinion about this am I being too

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anti-elon here keep in mind like my ETF

12:17

is heavy in Tesla I'm a big Elon fan I

12:20

hope to get starlink on this jet one day

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I'm a big Elon fan I think what he's

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doing is great but I think he's being a

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little bit of a weenie baby here and

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again I want to read this to you one

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last time just so you can really think

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about it when you leave a comment I'm

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going to read you word for word they're

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they're section two here

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ab587 requires large social media

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companies like x-corp to post terms of

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service dictated by the government and

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include terms about how content is

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moderated on their platforms the terms

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of service requirement and submit on a

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semi-annual basis to the California

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attorney general a terms of service

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report that includes among other things

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a detailed description of content

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moderation practices used by the social

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media company for that platform B that

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was a b information about weather and if

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so how

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the social media company defines and

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moderates hates feature racism extremism

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radicalization disinformation or

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misinformation harassment and foreign

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policy interference as well as

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information and statistics about actions

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taken by the social media company to

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moderate these categories of content

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well my simple thing here is our content

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moderation policy is we moderate what

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the law is and we'll respond to the

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requests for moderation within 30 days

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whatever they have a problem with that

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let them comment well we want it to be

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14 days and do we have a policy on hate

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speech racism nope

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just whatever the law is leave it there

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so I don't know this lawsuit feels weeny

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I almost wonder if these attorneys

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especially since four of them are from

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New York are like hey you want to do a

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lawsuit against California we'll do it

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all on contingency like basically uh you

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know sign us up with an attorney in

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California we'll do it all from New York

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we'll do all the work and we just want

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to get the pr you'll get the pr benefit

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of basically complaining about

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California which is really popular to do

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in the rest of the country and you don't

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even have to pay anything because well

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you guys don't have any money anyway

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because you guys are losing money hand

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over fist I don't know again maybe maybe

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I'm reading is totally wrong but that's

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my opinion curious to hear what your

14:30

opinion is leave a comment link down

14:32

below make sure to check out stack hack

14:34

by going to stackhack.com for licensed

14:36

Financial advice and meet kevin.com for

14:38

those courses I'm building your wealth

14:39

see you soon thanks bye

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