this post was submitted on 07 Jun 2023
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Technology

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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] 6 points 2 years ago
[–] [email protected] 6 points 2 years ago (2 children)

@notExactlyI20 Also, in the centralized model it only takes a few decisions to tank things. See: Elon Musk’s Twitter takeover and his following decisions and Reddit’s new pricing scheme.

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[–] [email protected] 5 points 2 years ago

The MacLeod life-cycle of corporations mirrors late stage capitalism pretty well:

[–] [email protected] 5 points 2 years ago

Is it because interest rates are higher so investors are hanging onto their money? The money doesn't flow as freely in that direction, but it has to come from somewhere. That means, the "free lunch" users have been having while money was flowing from the investor side has to end, and the tech companies put the squeeze on the users instead to bring in money from that direction.

I don't know if that's it, but maybe?

[–] [email protected] 5 points 2 years ago (1 children)

What's happening with Twitch?

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