this post was submitted on 07 Jun 2023
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Technology
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Everybody just wants money now. Some of that is reasonable, these companies tend to work if not with a loss, then with quite unpredictable margins.
Now that tech investors have found a new bubble - AI - they are no longer willing to sponsor old-fashion internet stuff and wait if it ever turns a profit.
Especially since many got used to becoming all that richer during the pandemic, and are looking to keep those numbers rising.
But there's also some sudden hatred of porn, and I don't know where that is coming from. Tumblr, Imgur have limited it completely, OF wanted to, Reddit probably will, coedcherry shut down. The owner of coedcherry said it was really a sudden 180° turn of the banks to no longer wanting to do anything with porn, and nobody knows why.
It's especially bizzare considering how these platforms keep assuring us that we'll still be able to post and see blown off heads and all kinds of other nasty stuff, it's just the titties that are being banned! Eh?
The porn thing comes from sex trafficking. No one wants to be caught accidentally financing it (as no one would ever want to because it’s Fucking horrible).
Well shit. Still weird tho that banks are willing to leave so much money on the table. Not like there's any conscience in those institutions.
They really just care about their image
Yup, and want to avoid making the government big mad.
What's the difference between banks and governments tho?
The CEO