YouTube disallowing adblockers, Reddit charging for API usage, Twitter blocking non-registered users. These events happen almost at the same time. Is this one of the effects of the tech bubble burst?

    • Screwthehole@lemmy.world
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      1 year ago

      Oh my God are you ever speaking my language here.

      I dunno, maybe 439 million dollars of revenue reported by reddit in 2021 is, I dunno, lots?

      • zygo_histo_morpheus
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        1 year ago

        If they don’t have a sustainable business model, they don’t have to operate at a loss for years either. Maybe it’s better to let reddit die and transfer to a model that makes more sense. I think that smaller instances with users and moderators voluntarily paying server costs like in the fediverse seems like a much better solution than companies trying to gain a monopolistic position so that they can then ruin their product in order to make money off of it.

    • JakeHimself@lemmy.world
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      1 year ago

      Many of those platforms weren’t making a profit or only were once they started the enshittification process