The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.
The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.
Corporate social media was a mistake. Genuinely, I lay a lot of why the state of the western world is the way it is at the feet of Zuckerberg and his peers.
Same. I’m not sure Lemmy is any better tho. I know, I’m a hypocrite.
What exactly is your critique? Do you think news aggregator style social media is an issue in general or is there something that lemmy just doesn’t do good enough?
Social media is polarising. Lemmy, for example, and to a lesser extent Reddit, are politically left leaning. Xitter and Truth Social both very right leaning. Across all platforms voices to which do not conform to the status quo are either attacked or silenced. It’s anonymous mob mentality. The human animal was not meant to communicate this way, it’s not healthy, it just creates echo chambers on both sides, spreads misinformation, and is addictive.
Right now it is ok. But I worry that AI will enshittify even the Feddiverse.
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It’s better in many ways, but one that I feel is quite important is that there’s no profit motive to keep users on the platform and engaging with advertisers for as long as possible, and therefore no need to develop the kind of exploitative algorithms that drive screen addiction and engagement through rage.