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

submitted 11 months ago by return2ozma@lemmy.world to c/technology@lemmy.world

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[–] spudwart@spudwart.com 34 points 11 months ago* (last edited 11 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 11 months ago (1 children)

This sounds like accelerationism. 🤣

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

[–] spudwart@spudwart.com 8 points 11 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 11 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.