I’m so tired of big tech taking social platforms and trying to make it increasingly profitable every year. It’s just ridiculous.
Remember when social media was created as a concept to talk to other people easily? I’m so thankful for Lemmy and Mastodon and hope to see more decentralized social media networks appear in the future where corporate greed does not impact the direction
That was back in the day when the devs were paid by investor money, and the money the investors invested was someone elses money so they didn’t care. Those days are over.
It’s what all public companies do. Once your company is public, it is somewhat your duty to raise profits every year forever and ever to make your investors money and to attract investors. It sucks, but that’s how the market works.
This is what Cory Doctorow calls “enshittification”, and it’s part of the reason I’m on Mastodon and Lemmy now.
Is the thing in common venture capital? Its venture capital, isn’t it. I knew it.
