I feel like they all see the inevitability that AI will drastically change the money model very soon. And it will not be to their profit, so best make every penny they can right now is their mentality.
Tbh, not sure many of us would behave differently in the same situation. Imagine you can get a billion dollars, and in exchange you need to destroy your product. Would you take the deal?
Cory Doctorow termed it "Enshittification", and wrote about the process here: https://pluralistic.net/2023/01/21/potemkin-ai/#hey-guys
I'm glad I read through the whole thing.
Bummed that I won't be winning a testicle ๐ฐ
I'm glad I read through the whole thing.
Bummed that I won't be winning a testicle ๐ฐ
Stupidity and greed, a great combination!
It's not necessarily greed. The infrastructure to keep Reddit alive can't be cheap. How do you pay for that? VC money has dried up so these services that have been free to users are all quickly scrambling to make money. I definitely think they did it wrong. They should have planned the API fee changes out for years instead of trying to force it in a month.
I'm wondering if it's a domino effect. Now that one major company made an announcement that fucks over their users, they're all doing it. We even now have YouTube cracking down on Adblockers. The Golden Era is coming to an end imo
This basically. Companies see that others can do it without consequences and so they do too. The age of acting like your "friend" is over and they are gonna squeeze ever last cent they can from users. Twitter, Reddit , YouTube, discord. I expect to see smaller players doing the same soon.
Interest rates go up. Quantitative Easing go down.
They might have to play with real money lol
Dr. Capitalism, or How I listened to stop worrying and love the dollar.
I wonder if restricting API access might be related to the explosion of GPT where ML companies need training data and they've been sucking it up from everywhere they can. Reddit and Twitter realized that they could charge these companies for access instead and hence all of a sudden API access costs money.
That has been the reasoning from Reddit. I believe it's one of those business conveniences where yes, he's not wrong, and gives them an excuse to kill something they think is extracting revenue from them (3rd party apps). Convenient excuse, but no one believes it.
I mean the purpose of a commercial platform is to create profit for the owners of the platform. I find it kind of funny that people are all outraged that these platform are pursuing their business interests. The mistake people made was to rely on these platforms to build their communities thinking that made them stakeholders.
Billionaires are circlejerking all push backs against wealth redistribution mechanisms. They want to use the fallout of any apparent mechanism shutdown as swag within billionaire soundbite circles. The ultimate tool is a flamethrower, or something similar. It's all a flex!
Sycophants, cronies, and useful idiots will be doing shout outs on handouts, commies, vox populi, failures, freaks, basket cases, lay offs, recessions, leftists, parasites, leaners, blah, blah, blah -- weird ass rich people lickboot enshittifications.
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