It’s clear that something is going on. At least for Reddit and Twitter, they need to make money. They’ve made that pretty obvious but it is curious why now. Facebook and others didn’t seem to have this issue. YouTube sounds like google just Google
I’m not sure how Lemmy will last if it grows massively. But I’m here for a good time not a long
Central banks, especially in Europe and North America, are raising the rates.
Lending money isn’t cheap anymore and running a service on debt only becomes a headache.
Wikipedia has done well for itself using donation runs and grassroots support, so if there are ways for instances to do similar the decentralized nature of this will work out ok.
Elsewhere the issue is many of these large services have grown to the size of effectively being a public good, but good luck maintaining a public good in a profit generating way as a private company seeking the next quarter’s growth.
That’s a good point. Wikipedia isn’t a for-profit company so they don’t have to show insane profit every quarter in order to calm shareholders. I donate to Wikipedia all the time cause I appreciate what they provide.
It’s clear that something is going on. At least for Reddit and Twitter, they need to make money. They’ve made that pretty obvious but it is curious why now. Facebook and others didn’t seem to have this issue. YouTube sounds like google just Google
I’m not sure how Lemmy will last if it grows massively. But I’m here for a good time not a long
The interest rates went up, and it broke Silicon Valley’s infinite money cheat, so they are all under pressure to become profitable.
I was thinking similar. Might be the dot com crash 2.0. No more free money at insanely low interest rates
Central banks, especially in Europe and North America, are raising the rates. Lending money isn’t cheap anymore and running a service on debt only becomes a headache.
Wikipedia has done well for itself using donation runs and grassroots support, so if there are ways for instances to do similar the decentralized nature of this will work out ok.
Elsewhere the issue is many of these large services have grown to the size of effectively being a public good, but good luck maintaining a public good in a profit generating way as a private company seeking the next quarter’s growth.
That’s a good point. Wikipedia isn’t a for-profit company so they don’t have to show insane profit every quarter in order to calm shareholders. I donate to Wikipedia all the time cause I appreciate what they provide.
maybe because Facebook already required users to login before seeing most of the content?
Could be. but i would argue that would be worse than a free-to-view website that just ran ads as you didnt need sign up or anything to view them.