I mean there’s Reddit ofc, as well as Twitter in its entirety, Discord is implementing some dumb updates, there are issues with Tumblr as well as everything to do with Meta, and I’m sure there are plenty more (and I haven’t even touched other digital media, for example the Sims). Why is it all happening in the span of about a couple months?

  • Llamajockey@lemmy.world
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    1 year ago

    Late stage capitalism You make a business and it goes well, you make some money everyone is happy.

    But with time your profits will plateau or even decline. It’s natural, but businesses don’t understand that it is insane to expect a company to always turn crazy profits when the product does not evolve.

    Companies like apple and Microsoft don’t worry as much because they are constantly evolving with new product.

    Companies like Twitter, Facebook, reddit, Netflix have hit a wall where there really isn’t anywhere else to go so they start making shareholder centered decisions made by people who aren’t even in touch with the user base of their product.

  • stephfinitely@kbin.social
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    1 year ago

    Because of capitalism, no seriously these decisions are based on money and growth. But both of these things are relatively finite. You can’t keep have exponential growth year after year. Eventually you will plateau but there isnt a mechanism in capitalism to accept that. So companies start forcing monetary gain.

  • sourcery@lemmy.one
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    1 year ago

    Search for ‘Enshittification’ if you want a pretty good analysis of what’s going on. But basically greed, capitalism and the never ending pursuit of growth.

  • Kir@feddit.it
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    1 year ago

    Economy is going bad, interest rate are up, and all Silicon Valley’s company are built upon VC loans and expansion goals. Scale economy is bound to fail, and it’s happening now.

  • solstice@lemmy.world
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    1 year ago

    Related question: why does it feel like hollywood is intent on completely destroying all of our beloved franchises? It’s not like the place isn’t overflowing with incredibly talented artists, writers, actors, producers, etc. I just don’t understand why it’s so hard for them to make something that isn’t garbage.