this post was submitted on 16 Jun 2023
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No Stupid Questions

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I mean there's Reddit ofc, as well as Twitter in its entirety, Discord is implementing some dumb updates, there are issues with Tumblr as well as everything to do with Meta, and I'm sure there are plenty more (and I haven't even touched other digital media, for example the Sims). Why is it all happening in the span of about a couple months?

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[–] [email protected] 0 points 1 year ago (3 children)

As a phenomenon you'll see a lot of people call it "enshittification." The term seems to originate with Cory Doctorow who writes, "Here is how platforms die: first, they are good to their users; then they abuse their users to make things better for their business customers; finally, they abuse those business customers to claw back all the value for themselves. Then, they die."

The whole article on his blog is worth a read here: https://pluralistic.net/2023/01/21/potemkin-ai/#hey-guys. His Mastodon handle is @pluralistic if you'd like to follow his work there (woohoo federation!).

[–] [email protected] 0 points 1 year ago (2 children)

The main sticking point is profitability. Not many platforms have managed to create a business model that's sustainably profitable. Reddit certainly hasn't. Now they're basically looking for a way to cash out so they're prioritising short term profitability over everything.

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[–] [email protected] 0 points 1 year ago (1 children)

Over-centralisation.

This kind of slow degredation of services is quite normal, however, this time around the wider use of these degrading platforms is hitting harder. Even 5 years ago, most communities had an IRC rather than a discord, and most ran a forum, or a community forum, with other info being on a wiki.

These days a lot of content that used to sit on a forum now sits on twitter, or on reddit. Discord is the new IRC, and so on. These separate services were a lot less convenient, but more resilient.

Odds are, we might see similar smaller communities pop up again as things get worse in the larger ones. Folks are pinched for cash at the moment, and so free services like neocities might see a boom as fandoms abandon larger sites (again).

[–] [email protected] 0 points 1 year ago (1 children)
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[–] [email protected] 0 points 1 year ago (1 children)

These companies are overvalued. Currently we're operating in supply side economics where the wealthy have all the money and companies do everything they can to attract those big investment dollars.

But the truth is social media companies (despite being household names) don't really make the revenue that warrants their high valuation by investors. Investors are starting to figure this out, and now they're desperately throwing shit at the wall to try to keep from losing those big supply side dollars.

Social media companies can break even and employ a lot of people while doing so. They could have a good user experience, and it would be all fine. But they wouldn't have sky rocketing share prices doing that. The leadership wouldn't get fat bonuses. So they implement all these crazy schemes so they can make projections about future revenue.

It doesn't matter if these schemes actually will make money or not. They just need to show X number of users multiplied by Y additional revenue per user and that's enough to attract investment. And it doesn't matter if it destroys the company either, the people at the top will get their bonuses.

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[–] [email protected] 0 points 1 year ago (1 children)

I honestly feel like - and this is just my thought, no data to back it up - all the major companies or sites felt like they were the only ones around, there was nothing to replace them, so they could make whatever decisions they wanted to make.

Like when we all left Digg for Reddit - Reddit was already a thing so it was a relatively "painless" switch. With this one it's like... Musk took over twitter and I sort of heard about the fediverse but I'm personally waiting for Hive to get a desktop - but once Reddit started doing it's thing it was like "yeah I really need to move now" and kbin had a much better landing page than any of the other fediverse things I'd stumbled upon which really helped with the onboarding... And it's been nice watching it grow.

But yeah previous to this it was like...there was nothing else available so why did they have to care about what they did if we were "stuck" there with the decisions they were making anyway.

lol...and yet here I am on kbin so - yeah looks like that plan (assuming it's at all correct) didn't pan out entirely like they were hoping.

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[–] [email protected] 0 points 1 year ago (2 children)

This is the consequence of the fed raising interest rates and companies finding it much harder to find money to pay salaries and operating costs. So companies have to actually seek profit or go bust and CEOs and board of directors are getting desperate and showing how little they understand what makes their products great.

[–] [email protected] 0 points 1 year ago (1 children)

What you really mean is that this is the consequences of the Fed's pulling back on the corporate welfare program of qualitative easing.

We've been printing free money for the wealth holding class since they fucked up our economy gambling on poor people not being able to afford housing.

They got used to the welfare and instead of getting their houses in order, they started gambling with our future tax dollars like they were guaranteed forever. That's why Trump was such a bitch about politicizing the fed and blaming interest rates. He, and everyone else, knew our economy was getting artificially propped up and wanted to kick the can down the road four more years.

Now the wealth class is going to take out all their angst out at the American people to see if they can cause the government to flinch first.

The real problem is that the wealth class doesn't give a shit if they're making money of Americans or not. They'd happily follow the economies around the world. The government doesn't have that option.

Everyday Americans, and to a lesser extent, the world, suffer while Mommy government tries to get corporate daddy's wild free money addiction under control.

Dad is going to either go for a pack of smokes and some milk in China, or maybe Russia a few years ago, or beat the kids until mommy lets him drink again.

Blaming interest rates plays a lot better than telling the kids that daddy doesn't have a job and needs to go to rehab because he doesn't know how to make money and just gets it from Mom and the kids college fund/next months rent.

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[–] [email protected] 0 points 1 year ago (2 children)

You are so right. For social media, The Thing that makes their products great is us. They are really showing how little they understand us.

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[–] [email protected] 0 points 1 year ago (2 children)

ChatGPT and Stable Diffusion are the reasons. I’m starting to see commercials that are using highest tier video tech. Just keep pushing.

That’s one community that’s worth supporting.

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