I think Twitter's biggest problem with fake accounts is not that they are hard to identify, but that if they do identify them and shut them down, it'll hurt their "number of active users" stats
Of course, the fact doing it too well hurts the stats doesn't help either.
I disagree. At least it shouldn't be that hard for a company with Twitter's level of engineering and data science sophistication, and yes, I do realize that most of their best technical talent is long gone.
While nothing is a panacea, there’s little evidence that Twitter is doing even the bare minimum.
Actually, I think it's almost entirely the same problem as fake accounts, from Twitter's perspective at least. It's all a measure of usage and demand by customers, and when people are used and investing/involved/compensated for that fake increase, any major drop rocks the boat.