cross-posted from: https://lemmy.zip/post/12276054
Reddit must now answer to its shareholders as well as its vocal users.
Reddit has never been a business capable of generating significant profit. It only exists because it was less monetized than the alternatives. By abandoning this philosophy, Reddit is guaranteed to be the next Digg.
I dunno about you, but if I click a link and it says they’re going to share my info with 164 ‘vendors’, then only shows an “accept” button, they can fuck right off and I’ll never go to their website again
It’s 2024, that shit’s illegal in the modern world
Fuck Spez.
The top comment is “Fuck spez.” Hah.
Year of the lemmy ?
New meme just dropped
Maybe in a few years.
Right now we’re talking 0.0057% of the monthly active users. Lemmy likes to hype itself up a lot, but the market share is incredibly tiny, and likely will be for years to come. As a platform Lemmy would be incapable of handling that kind of scale, from both a software, design, hosting, logistics, cost, moderation, and community perspective.
I’ll be here, but let’s check in each year on it. I’m guessing it will be a few before we either see accelerating growth, or Lemmy is upset by better designed federated social media software, or it’ll just be fragmented between dozens of competing platforms.
Honestly, I expect that the parts of the Web I enjoy spending time will be fragmented for the foreseeable future.
Lemmy people are obsessed with growth but honestly I think there’s a trade-off that people are overlooking.
Wrong.
Reddit only needs to answer to shareholders. Users have never mattered.
It’s the old adage:
If something is free, you’re the product not the customer.
Right. The users are the product. What do you think happens when a vendor runs out of product?
Users matter.
only if they earn money. otherwise they’re something you can sell to an advertiser - and that’s the only value they have.