this post was submitted on 08 Jun 2023
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In my opinion, we're reaching a moment where people are realizing that having lots of users doesn't matter that much if you can't monetize them. We took a lot of services for granted that maybe don't make any financial sense, which probably only survived because both the company and investors hoped that as long you could attract users, you could monetize them later.
I think that "later" is now.
Today I noticed that youtube has a new feature that unlocks more bitrate, but only for premium users (there's two 1080p options, one normal and another with more bitrate). I'm expecting that these social medias and other tech companies will try to monetize us further
Yeah exactly. I think what we need is decentralization and a move back to smaller hobbyist message boards - the costs of running such communities is more sustainable for individual owners and they are not so big that their owners would look to sell them out.
@rimlogger @tango_octogono there is good argument to be made that these "unified services" were created to monetize them in first place.
Said that, federation as a concept of new era of social networking is good foundation. Hope it sticks and we work out quirks and people learn how to use it.