this post was submitted on 25 Apr 2025
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Mark Zuckerberg Says For-Profit Social Media Is Over
ftfy
Exactly this. "We have maxed out the amount of money we can extract from people and have reached diminishing returns on profitability."
Why can't anyone just create a billion dollar company that makes something people like and then be happy they can consistently earn $200m per year? Maybe ask the people what kinds of features they want and improve the service to increase the value to users once you need something for your staff to do when the product is complete.
Large corporations buy up disruptive companies like that
Love that "disruptive" is a valid term for companies like that.