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YouTube disallowing adblockers, Reddit charging for API usage, Twitter blocking non-registered users. These events happen almost at the same time. Is this one of the effects of the tech bubble burst?

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[-] Fluid@aussie.zone 67 points 1 year ago

Greedy capitalists believe line must always go up. They will sacrifice every moral principle to their invisible hand god.

[-] JakeHimself@lemmy.world -3 points 1 year ago
[-] samus12345@lemmy.world 15 points 1 year ago

Be satisfied with just making a profit instead of wanting infinite growth.

[-] Screwthehole@lemmy.world 7 points 1 year ago

Oh my God are you ever speaking my language here.

I dunno, maybe 439 million dollars of revenue reported by reddit in 2021 is, I dunno, lots?

If they don't have a sustainable business model, they don't have to operate at a loss for years either. Maybe it's better to let reddit die and transfer to a model that makes more sense. I think that smaller instances with users and moderators voluntarily paying server costs like in the fediverse seems like a much better solution than companies trying to gain a monopolistic position so that they can then ruin their product in order to make money off of it.

[-] JakeHimself@lemmy.world 1 points 1 year ago

Many of those platforms weren't making a profit or only were once they started the enshittification process

[-] Twelve20two@slrpnk.net 8 points 1 year ago

Fail and let the internet no longer be for profit.

this post was submitted on 02 Jul 2023
1780 points (97.3% liked)

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