Ackman Says X Returns Power to the Public
Bill Ackman retweeted that Bernard Arnault's response is worth reading. He also stated that X has returned power from the media back to the public. Such statements position X as a public opinion infrastructure directly facing the audience. Source: Public Information
ABAB AI Insight
Ackman's comment emphasizes not praising Arnault, but reinforcing X's structural role: it allows top business figures to bypass traditional media and speak directly. This will increase the reliance of high-net-worth individuals, companies, and brands on the platform, as content distribution, agenda setting, and brand narratives are no longer entirely controlled by news organizations. Similar cases can be compared to the trend of companies increasingly relying on self-media, podcasts, and short video platforms to reach users directly, with X's advantage being more real-time, controversial, and high-level public dialogue. Essentially, this is a transfer of pricing power, as those who can define the entry point of public discussion are closer to the pricing power of public opinion, which often translates to brand, asset, and political influence. ABAB News · Law of Cognition 1. Whoever controls the entry point controls the narrative. 2. Media loses monopoly, platforms gain bargaining power. 3. Speaking directly is true disintermediation.