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?
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?
Greedy capitalists believe line must always go up. They will sacrifice every moral principle to their invisible hand god.
What’s their alternative?
Be satisfied with just making a profit instead of wanting infinite growth.
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.
Business models that are built to be sustainable from the start probably will not take off. Many good companies that add value to people’s lives wouldn’t have made it past early stages of startup if they didn’t seek out VC or be comfortable operating at a loss
Many of those platforms weren’t making a profit or only were once they started the enshittification process
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Fail and let the internet no longer be for profit.