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Discord, Twitter, Reddit, and Tumblr have something in common and it's not good
(www.techradar.com)
this post was submitted on 18 Jun 2023
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Technology
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Turns out, pretending the entire Internet is equal to 5 apps from mega corps (largely fueled by pretend money) wasn't the best long term play.
Who would have thought?
@0xtero
@hedge
This has become the prevailing opinion for most of the tech-savvy folks that I know, but it's gaining traction with a wider audience.
Having steeped in corpo-climate for two decades, it's naïve to say that the C-Suite has ever maintained a realistic perspective on the business that they run; but it is baffling to me that corporations like Reddit have completely lost sight of their actual product - a clearinghouse of perpetually donated content - and seem to believe that their platform cannot be easily duplicated, or made obsolete nearly overnight.
It's exciting to be an insider as new paradigms like the fediverse become more widely known. If the last week is any indicator, there is a non-zero chance that ultra-capitalist hubris will be punished.
Whether their hubris is punished or not is of no consequence to me. In some ways the ultimate karma is waking up every day to find out we are ourselves. I'm more concerned with building cool stuff for us to use than with anyone getting what I think is their comeuppance.