this post was submitted on 21 Jun 2023
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Not to be all the way "that guy", but in a capitalist framework, its death was inevitable.
Their only hope of staying that great platform long-term is the Jimmy Wales route, which they were not remotely prepared to go down.
If you are running it as a business, enshitification is inevitable. Sooner or later.
Meta is a capitalist social media company and they seem to be doing okay. Facebook might be uncool with the kids these days but it's still massive. And Instagram and WhatsApp are still very popular.
I think the difference between Meta and Reddit is that I bet Meta would issue some sort of apology and carefully crafted PR if they found themselves in Reddit's current situation. But Reddit doesn't even seem to care about angering its users, which just feeds the anger more.
Meta is doing great if all you care about is liking pictures of your nieces and nephews. That's not totally fair, they do allow niche communities to post information and share photos. But there's no where near the thought provoking discussion that Reddit or Lemmy provide.
They are also heavy-handed with moderation and auto-moderation. I'm in a private tabletop wargame group, and a popular game from the early days of wargaming is called Third Reich, say that on Facebook, and get a 30-day ban.