209
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 10 Jun 2023
209 points (100.0% liked)
Technology
37443 readers
81 users here now
A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.
Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
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