Gazza M I do think the broader effect is as much to do with pulling whatever Twitter used to be (not great, but more functional) out of circulation as it is creating a platform with alternative values.
That said, I think people should be very worried by the type of ideology I have seen being normalised in and around US tech circles as they're currently represented on X.
It's viewed as a dire time for US big tech. There's been a prolonged period of layoffs, and a dip in the valuation of and questions about the business model of some major tech companies, and a long, deep dip in the success of VC-backed startups over the past couple of years.
It's all relative of course, but the days of it being relatively easier for Ivy League tech grads to secure a $300–400k pa FAANG salary are fading.
If anyone on OMITT remembers what nRx was back in 2014 (before it fell apart for the time being), some variation of those "neoreactionary" ideas now seems to verge on normal for a decent chunk of the higher profile US tech posters on X. It could be described as often extremely racist, always techno-optimist authoritarianism with a greater or lesser degree of modesty covering it up.
Having come across a lot of this content, I see Musk's antics as owner of the platform as the thin end of the wedge.