I don't think it's all of a sudden. They always do this but this time it's all lined up.
this post was submitted on 02 Jul 2023
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It’s all about money
They have grown to the point where they are now focusing on being more profitable. And apparently they are not scared of losing users.
You are used to a time where money was essentially free for companies. Whenever they needed money, they could loan money almost for free.
As interest rates are up, that's no longer the case and priorities have changed from growth to plugging holes.
Don't worry, YouTube blocking will be easily bypassed, like on Twitch.
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(4 replies)
the problem is businesses r built on the concept of infinite growth, profit isn't the thing that determines success, it's the constant increase in profit, now things r quickly hitting the limit and they're desperate to find any way to keep the number going up
AI training and data mining. The value of data has surpassed the value of oil long ago. The world's most valuable resource is no longer oil.
Oil companies have assets and cash in the trillions it's not even funny. Even openAI who has the most state of the art AI systems on the planet right now is worth at best a billion, and is getting heavily subsidized by Microsoft. AI companies will probably get larger in the future, but the modern world depends on oil for literally everything including the making and the shipments of parts used to run AI shit. You seem to be grossly overestimating how much data is worth and grossly underestimating the power and money oil cartels wield.
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It always boils down to corporate greed unfortunately