It’s not surprising. A lot of these CEOs run around in cliques. They have forums, news letters, Chatrooms, and social events. When Silicon Valley Bank went down, the CEO of the company I work for was giving us news from other CEOs he was talking to from a shared Chatroom they set up, basically a discord for CEOs.

The other point is that many CEOs are slaves to trend and have a deep fear of missing out.

In a way, they’re organized, and combined with the above, that’s part of why when one big company hops everyone leaps behind them as if they’re moving as one (it’s all a dick-measuring Highschool clique contest though, which is why I don’t use the word conspiracy). I would not be surprised if Huffman and Musk both repeated their rhetoric to an adoring crowd of fellows before they took it to their feeds. It’s maybe why they speak so brazenly, because there is a little echo chamber of people who worship at the altar of Survivorship bias in the hope that heaven will send them more bigger-dick pills.

I'm also disappointed in how so many people are just accepting their excuse when it's incredibly obvious that it's just a cash grab.

I think the solution is the same.

It’s the classic argument of “your reasonable concerns are detrimental to our business model”

Spez actually tried to justify it?

I only saw him blaming "power-hungry" moderators for being "greedy", and apollo "for profiting millions" from reddit's api.