• 4 Posts
  • 139 Comments
Joined 1 year ago
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Cake day: June 14th, 2023

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  • Reddit’s bottom line in the short term is unimpaired that is how they won.

    But in the long term- they are dead. I mused on this before.

    Social network need monopoly - otherwise the business model struggles. One Facebook. One Reddit, one Instagram. Facebook, Insta, Snap, and TikTok however are struggling because they are now the same thing in different packages.

    Not so Reddit. Reddit was a true monopoly. Nothing else compared. Well no longer. All their hiking have spawned a true credible alternative in Lemmy/Kbin. This will kill them. No matter of it’s Fediverse or something else - now there use than one place for Reddit. That means a third, fourth and fifth place is in the realm of possibility. And they WILL emerge. Others will try to enter the Reddit space.

    Reddit had a niche and it was so dominant. No one truly tried to enter my ya niche. But that was not good enough. The enshittified it over and over again. And now the. Have competition. As they will never have a monopoly again. They will struggle to get their ads money. They will struggle with the margins. They will struggle. Yahoo will buy them in 10 years and do the mercy blow.


  • This is more the oligarch / dictator wannabe. He is saying fascist things because that gets votes but like Orban if becoming a socialist, a devout Christian, a hard core libertarian gets his base riled up - he’ll do it.

    All he wants is to make sure to be able to steal more money and not get prosecuted by the next government.

    He is Orban (originally a left wing crusader), Lukashenko (originally a man anti corruption fire brand), Putin (originally a pragmatic technocrat) / they are now all hard right wing , “religious” (ignore all their lovers and affairs) men of the people (ignore the palaces and yachts). All of them flap in the wind of populism. It just so happens that all the slots are primed and ready to vote for fascism.