Technology

59243 readers

3422 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

1581

Reddit Falls Short of Ad Growth Targets Ahead of Likely 2024 IPO (www.theinformation.com)

submitted 10 months ago by return2ozma@lemmy.world to c/technology@lemmy.world

382 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] spudwart@spudwart.com 34 points 10 months ago* (last edited 10 months ago) (1 children)

This will trigger an enshittification cycle.

1. Underperformance per-quarter resulting in anti-user actions to increase profits.
1. Users leave because of anti-user actions.
1. Profits will decrease as users leave until the end of quarter.
1. Return to Step 1.

[–] Mango@lemmy.world 7 points 10 months ago (1 children)

This sounds like accelerationism. 🤣

The thing is, I'm pretty sure you nailed it.

[–] spudwart@spudwart.com 8 points 10 months ago (1 children)

I mean it will help Lemmy. But It certainly will result in more EEE attempts on the fediverse.

[–] Mango@lemmy.world 1 points 10 months ago (1 children)

We just gotta make like Naruto when he's learning to hijack the kyuubi chakra for himself!

[–] ahriboy@lemmy.dbzer0.com 1 points 10 months ago

Smaller instance admins are ready for defederating big websites in the event of adopting ActivityPub. Bluesky server owners should have the power to filter out content and defederate from other servers.