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Thoughtless posted:how does capitalism work help By destroying everything it touches, including those on top sometimes. Thoughtless posted:I don't understand why every techbro CEO suddenly decided to destroy their websites. I think in this case it may be the realization that their userbases have plateaued. There are no new people joining in enough quantity to replace those that were gone, so the promise of infinite growth and shareholder pressure is making them go crazy stupid. I guess.
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Jun 12, 2023 20:26
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dot-com crash 2.0
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Jun 12, 2023 20:27
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I have not posted on Something Awfudl for 11 years but folks, I am back,,. Thank you so very much. It appears to be the warm, welcoming community I fell in love with those many summers ago. Cheers to all the mods and admints.
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Jun 12, 2023 20:28
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Thoughtless posted:I don't understand why every techbro CEO suddenly decided to destroy their websites. Elmo set the standard with Twitter, then Imgur, Reddit, Twitch etc all saw that and went "well gently caress making money, we also prefer... memes"? Sites like reddit or twitter never were profitable in the sense that they don't make as much money as people think they should. When you hear "unprofitable" what they are saying is "not making enough money based on a bunch of bullshit" ergo companies will kill well liked products and systems that make money and justify their existence. Capitalism doesn't work is the punchline.
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Jun 12, 2023 20:31
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It's also what happens when the shitposters themselves take the reins.
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Jun 12, 2023 20:31
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KakerMix posted:Sites like reddit or twitter never were profitable in the sense that they don't make as much money as people think they should.  Reddit is paying their employees and their server bills, but its not  profitable enough so that Spez can kick out an IPO and become one of the Ruling Elite. WSB printing idiot millionaires must piss him off to no end
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Jun 12, 2023 20:33
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KakerMix posted:Sites like reddit or twitter never were profitable in the sense that they don't make as much money as people think they should. Pretty sure they’re unprofitable in the sense that their costs exceed their revenue.
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Jun 12, 2023 20:39
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I hope twitter buys reddit and kills it like every other company twitter has ever bought
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Jun 12, 2023 20:39
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Thoughtless posted:Like, did something happen economically where the sites can't pay for themselves any longer? Sites never paid for themselves, they were living off vc funding which is drying up as rates increase and we head into yet another recession also this R.L. Stine posted:dot-com crash 2.0
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Jun 12, 2023 20:44
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minute posted:Pretty sure they’re unprofitable in the sense that their costs exceed their revenue. Sounds like they need to cut some costs then, I suggest every executive to start.
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Jun 12, 2023 20:47
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Jun 12, 2023 20:48
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Thoughtless posted:I don't understand why every techbro CEO suddenly decided to destroy their websites. Elmo set the standard with Twitter, then Imgur, Reddit, Twitch etc all saw that and went "well gently caress making money, we also prefer... memes"? call me a conspiracy theorist but I think musk is ruining twitter on purpose as for the rest, hanlon's razor etc etc
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Jun 12, 2023 20:49
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twitter had over a billion in revenue in 2022. the problem is capital requires continuous growth and that's not really possible for social media once it's achieved saturation, so you have to hire 3000 more computer touchers to spin off a hundred failed initiatives just to watch the rate of profit continue to fall because thats an inevitability in late stage capitalism the only sites with any long term stability in this environment have to be run by a lone demented individual who cant or wont speak capitalist
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Jun 12, 2023 20:51
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Shredder posted:call me a conspiracy theorist but I think musk is ruining twitter on purpose Musk's too much of a moron to be able to do that. He's following the usual narcissist trajectory of someone in power with no oversight and only surrounded by Yes Men. See also Putin, who everyone thought was a 4D Chessmaster and turned out to be a complete utter fool who just destroyed his country for generations to come and got his worst fears all done at once by his hand (NATO unity, a strong Ukraine identity, no more European gas addiction, etc)
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Jun 12, 2023 20:54
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Toxic Mental posted:actually automodding is fine and unchanged, they're just mad that they can't use an add-free third party app anymore Right. This is basically a bunch of loving losers crying, including the Apollo dev. Reddit realistically should mass ban the mods for all the private subs and reopen. Shutting the NBA sub Reddit during a clinching NBA finals game is probably more lost add revenue than whatever value these loser rear end mods claim they're providing
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Jun 12, 2023 20:54
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Inept posted:I hope twitter buys reddit and kills it like every other company twitter has ever bought Someone should contact Yahoo!’s acquisitions team. Brogeoisie posted:Right. This is basically a bunch of loving losers crying, including the Apollo dev. The official app is hot garbage, though. Reddit is pretty much unusable on mobile devices without Apollo (or RIF or whatever Android users use). minute fucked around with this message at 21:02 on Jun 12, 2023 |
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Jun 12, 2023 20:59
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Shredder posted:call me a conspiracy theorist but I think musk is ruining twitter on purpose Musk isn't spending his every waking second on Twitter, reposting memes and replying to random nobodies, because he hates it. If he wanted to shut it down, he could just do that, it's a private company. The truth is, he's obsessed with it for some reason, in a personal way that goes way beyond business, somehow he got his ego invested into it, but that doesn't give him the ability to actually run a social media platform.
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Jun 12, 2023 21:00
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The basic business model here is "use VC funding to grow exponentially, then try to turn that into something profitable." Businesses doing this run the gamut from "this could reasonably work" (Amazon) to "this could have never possibly worked" (MoviePass). Pivoting to profit is always the hard part, not the least because users grow accustomed to the experience provided in the VC stage. When you don't have to care about profits it's pretty easy to make a website/app people want to use. Much harder to do that while also making money. Oh and you usually end up competing against other VC-backed startups trying to do the same thing who aren't in the try-to-make-a-profit stage.
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Jun 12, 2023 21:05
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Musk bought twitter to improve Elon Musk's twitter using experience, and it's working. Only problem is it cost him a ton of money so he's also trying and failing to make it profitable.
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Jun 12, 2023 21:06
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HappyHippo posted:Musk bought twitter to improve Elon Musk's twitter using experience, and it's working. Only problem is it cost him a ton of money so he's also trying and failing to make it profitable. Truly it is a miracle how capitalism efficiently allocates capital to the most optimal endeavors
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Jun 12, 2023 21:13
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Which reddit newbie wants an avatar
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Jun 12, 2023 21:14
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Thoughtless posted:I don't understand why every techbro CEO suddenly decided to destroy their websites. Elmo set the standard with Twitter, then Imgur, Reddit, Twitch etc all saw that and went "well gently caress making money, we also prefer... memes"? There's always money in name recognition. Napster and RealPlayer are still products and services you can buy in TYOOL 2023. Tech is always about "innovation", which is to say that investors and stock holders want growth, not just a steady stream of revenue. That's why companies start coming up with poo poo like selling ads, VR goggles, rings, headbands and whatever else no one asked for because its profit. I honestly think it will eventually just become an "everything app" where it's messaging + shopping + videos + memes + sharing kind of thing and make good ad revenue.
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Jun 12, 2023 21:16
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tech sites never made money to begin with only ads make money third-party apps dont pay ad revenue to the parent company theres nothing more to it folks
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Jun 12, 2023 21:18
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Putty posted:Which reddit newbie wants an avatar What if our account is old enough to shoot a porno and even had a radium name change but we’ve somehow avoided getting an avatar the entire time?
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Jun 12, 2023 21:22
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Brogeoisie posted:Right. This is basically a bunch of loving losers crying, including the Apollo dev. Reddit realistically should mass ban the mods for all the private subs and reopen. Shutting the NBA sub Reddit during a clinching NBA finals game is probably more lost add revenue than whatever value these loser rear end mods claim they're providing This is exactly what will happen with the subs that say they won't reopen. Other subs will reopen Wednesday, and hang a big banner saying "mission accomplished," even though nothing has changed. The average reddit user is a lurker who comes to reddit out of habit. Even if posting takes a hit (say a 10-20% drop in posts) the metrics on ad engagement will be negligibly affected. The only way to really gently caress up reddit now is to pull a twitter and stop effective moderation, and let the Nazis take over posting. They'd lose a more significant number of users, and you'll lose advertisers. Whatever this protest is now isn't going to move the needle. You might get shittier mods, but they'll still, probably, mod enough to keep the Nazis far enough away to not turn off the average lurker.
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Jun 12, 2023 21:23
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Putty posted:Which reddit newbie wants an avatar Do your worst.
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Jun 12, 2023 21:24
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I think everyone registering for the next few days should get a "stupid redditor" avatar
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Jun 12, 2023 21:26
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Fork of Unknown Origins posted:What if our account is old enough to shoot a porno and even had a radium name change but we’ve somehow avoided getting an avatar the entire time? *boils you*
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Jun 12, 2023 21:26
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CaptainCourteous posted:Do your worst. *boils you* (I'm at the gym and can't double quote sorry)
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Jun 12, 2023 21:27
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GolfHole posted:tech sites never made money to begin with Amazon was famous for never turning a profit. Speaking of tech imploding, I predict Wal-Mart and Amazon merge in the next 5 years. Investors thought Bezos was spending too much and the new CEO is looking at what they can do for savings. They aren't exactly winning the streaming wars and their current CEO thinks Alexa devices are "glorified alarm clocks".
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Jun 12, 2023 21:27
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Nah, the real power move would be for an alibaba shell company to buy it vvv: have you seen it in the past decade? It's just a dropshipper flea market now
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Jun 12, 2023 21:32
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Bonzo posted:Amazon was famous for never turning a profit. i mean the difference is that amazon was/is a retail store for books not just some internet message board with fake user names its like comparing any retail store to, say, a library
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Jun 12, 2023 21:33
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Would be real enlightening to see these mega social apps actually die. All the offshoot ones don't seem popular at all so I'm guessing social media will just wither to nothing. Which means forums are back babbbbyyyy cash money cash we're all gonna be riiichhh
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Jun 12, 2023 21:38
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Sentient Data posted:Nah, the real power move would be for an alibaba shell company to buy it I felt like Tencent's relationship with reddit had been like net neutrality being overturned in the States in that we had not yet seen the monetization attempt yet. This is clear IPO money grab and will not turn out well for the user base
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Jun 12, 2023 21:43
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If I was reddit CEO, I would sell reddit to Saudi Arabia, then immediately develop a NEW reddit alternative that was not owned by Saudi Arabia.
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Jun 12, 2023 21:45
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Putty posted:Which reddit newbie wants an avatar They would’ve hit that IPO five times over if buying someone else the equivalent of redtext was a thing there. Extra Large Marge posted:If I was reddit CEO, I would sell reddit to Saudi Arabia, then immediately develop a NEW reddit alternative that was not owned by Saudi Arabia. the only good reddit founder quit in 2013, the rest are garbage techbros only when the last venture capitalist is strangled etc.
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Jun 12, 2023 22:01
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reddit, where a sub for photos of sexy 13 y/os can be the most popular sub but where you can't say that slave owners should die without catching a ban remember the human
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Jun 12, 2023 22:05
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I invite all food crimes posters to the Horrible Food Thread: https://forums.somethingawful.com/showthread.php?threadid=4006291&pagenumber=1&perpage=40
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Jun 12, 2023 22:10
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A part of me is happy because some unsufferable Reddit mods may disappear, but another part of me is unhappy because Reddit is actually a decent site (majority of the time) and a LOT of good content & subs may go missing. There really has been a serious trend of a corporations making websites worse... but why? If it aint broke, don't fix it. The Voice of Labor posted:reddit, where a sub for photos of sexy 13 y/os can be the most popular sub but where you can't say that slave owners should die without catching a ban wait is that the jailbait subreddit i heard about years ago? There's no way that was the most popular sub... right??? also funny enough story, I went to voat (reddit "alternative", read: another neo nazi enclave) out of curiosity around that time and lo and behold they had the jailbait sub front and center. pedocon theory never fails i tell you Phat Phingers fucked around with this message at 22:27 on Jun 12, 2023 |
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Jun 12, 2023 22:20
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Phat Phingers posted:A part of me is happy because some unsufferable Reddit mods may disappear, but another part of me is unhappy because Reddit is actually a decent site (majority of the time) and a LOT of good content & subs may go missing. https://pluralistic.net/2023/01/21/potemkin-ai/ This sums it up
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