this post was submitted on 10 Jun 2023
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Technology

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I'm personally crossing my fingers for Discord.

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[–] [email protected] 11 points 2 years ago

A logical extension of your post really makes you think just how much of social media post-2007 was set up on fundamentally unsustainable business models. Engagement is not a good business model! Making investors pay for users was always a bad choice and sooner or later, investors were going to ask for their money back!

It will be interesting to see how social media changes post-2023. With Meta almost vestigial (except Instagram and marketplace), Twitter and Twitch absolutely clowning away their positions, what's next? Jeff Bezos and/or Daddy Sundar reinvesting in social media?

I highly recommend watching Louis Rossmann's video on Reddit - https://www.youtube.com/watch?v=JqL-G3GFqRU&t=728s