this post was submitted on 05 Jun 2023
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Technology
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Loving that big social media sites are screwing themselves over. Burn it all down.
Hoping Reddit is next lol 🙌
If Facebook still exists, Reddit and Twitter are likely too big to fail too. They might not make what they used to at their peak, but as long as the site isn’t fully abandoned they’ll get their revenue
Twitter's true value is at least hidden behind a billionaire firewall. It won't die until him and his foreign backers are sick of bleeding money.
When Reddit goes public, all will be known about the company in a way that's never happened before.
I think a Facebook competitor's critical mass problem is much harder than then a competitor to Reddit or Twitter's. The appeal to Facebook is that you have all the people you know on there, and you can share updates with the mall and see updates from them all. As the portion of your friends and loved ones drops, it's utility drops proportionally. If everyone uses Facebook, it's a great tool; but if only 10% of your friends do, it's kind of worthless. You don't really want to have to post photos to two or three different sites to really share them. Having one place to connect with everyone in your life is kind of the point of Facebook.
On the other hand, Reddit and Twitter are just random things shared from random people. If you randomly deleted half of Reddit users or Twitter users, I literally wouldn't even notice. There about the containt comma you really don't care about or even really know the actual people.
I'm hoping to have an ai that can keep tabs on my contacts and tell me what's going on without actually having to visit the site.
If that AI isn't open source, it will start spreading nasty rumors about you and making plans with your friends without inviting you unless you pay $14.99 per month and upgrade your "friend" level account to the "good friend" level ("best friend" accounts will refuse to talk to law enforcement about you and pretend to be various references on your resume for job interviewers)