this post was submitted on 05 Jul 2023
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I feel like we are seeing lots of these tech companies just clawing at new innovations for profit cause they can't seem to run a stable business otherwise without fucking things up somehow. See the the crypto/nft boom, AI and it's rapid and still somewhat untested and shoddy implementation, etc. We've got strikes popping up in the US as the months go on cause people are definitely feeling the shittification of things in multiple industries including tech and entertainment as of late.
Everything tech companies like meta have been doing in the last several years is looking for their next growth fix to keep their investors happy while running their business like a toddler between sweets.
Elon happened to set Twitter on fire, Instagram is failing to beat TikTok in short form content or even competing with things like YouTube, Facebook itself has been shriveling up over the years, now there's some cool new tech space in the Fediverse and no corporates taking advantage of it - probably looks like early crypto to Zuck if he can swoop in and outpace the open source projects with enough funding.
Like George Costanza's member in the swimming pool.