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Seriously, what's up with big sites literally dying as we speak? (lemmy.ml)

submitted 2 years ago by [email protected] to c/[email protected]

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First all the bs with Twitter and Elon, then Reddit having an exodus to Lemmy (not complaining lol), then Twitch. Are we like, in an alternate self healing dimension or something?

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[–] [email protected] 19 points 2 years ago* (last edited 2 years ago) (2 children)

Well, while it is surprising it's all happening within a year or so, it's not unexpected at all.

They're ultimately for-profit companies. They have openly demonstrated the obvious truth that when push comes to shove, users don't matter to them, at least not as much as money. Our attention was the product.

These companies have proven time and time again that a quick moneygrab will win over retaining the people who make the site work. capitalism 101 baby.

[–] [email protected] 11 points 2 years ago (1 children)

Yep, think of the math like this:

1000 users that we can get $1 of profit from totalling $1000 profit

Or 500 users we can get $3 of profit from totalling $1500 profit.

$1500 > $1000 Therefore it's a good decision.

Welcome to the mind of corporate executives

Source: I work with these dumbasses

[–] [email protected] 2 points 2 years ago

[–] [email protected] 4 points 2 years ago

Sustained or not ultimately it's a big circlejerk of all the rich people trading money amongst each other that they siphon off of us 🤷🏻‍♂️