Turns out, pretending the entire Internet is equal to 5 apps from mega corps (largely fueled by pretend money) wasn’t the best long term play.
Who would have thought?
This has become the prevailing opinion for most of the tech-savvy folks that I know, but it’s gaining traction with a wider audience.
Having steeped in corpo-climate for two decades, it’s naïve to say that the C-Suite has ever maintained a realistic perspective on the business that they run; but it is baffling to me that corporations like Reddit have completely lost sight of their actual product - a clearinghouse of perpetually donated content - and seem to believe that their platform cannot be easily duplicated, or made obsolete nearly overnight.
It’s exciting to be an insider as new paradigms like the fediverse become more widely known. If the last week is any indicator, there is a non-zero chance that ultra-capitalist hubris will be punished.
seem to believe that their platform cannot be easily duplicated, or made obsolete nearly overnight.
As much as it pains me to say it, I think they are right. The value in social media is in the size of their user base and I don’t see a mass migration to another platform really happening unless reddit itself went completely offline for several weeks. People do not like change and Reddit will continue to be just “good enough” despite the API changes. If anything their decline will be extremely gradual since moderators will have lost most of their third party moderation tools. And niche communities can probably keep ticking along without them for the most part.
Turns out, pretending the entire Internet is equal to 5 apps from mega corps (largely fueled by pretend money) wasn’t the best long term play.
Who would have thought?
@0xtero
@hedge
This has become the prevailing opinion for most of the tech-savvy folks that I know, but it’s gaining traction with a wider audience.
Having steeped in corpo-climate for two decades, it’s naïve to say that the C-Suite has ever maintained a realistic perspective on the business that they run; but it is baffling to me that corporations like Reddit have completely lost sight of their actual product - a clearinghouse of perpetually donated content - and seem to believe that their platform cannot be easily duplicated, or made obsolete nearly overnight.
It’s exciting to be an insider as new paradigms like the fediverse become more widely known. If the last week is any indicator, there is a non-zero chance that ultra-capitalist hubris will be punished.
As much as it pains me to say it, I think they are right. The value in social media is in the size of their user base and I don’t see a mass migration to another platform really happening unless reddit itself went completely offline for several weeks. People do not like change and Reddit will continue to be just “good enough” despite the API changes. If anything their decline will be extremely gradual since moderators will have lost most of their third party moderation tools. And niche communities can probably keep ticking along without them for the most part.