Reddit had shareholders before their IPO, they just went public shareholders.
Comment on Reddit’s 50% Plunge Fails to Entice Dip Buyers as Growth Slows.
redwattlebird@lemmings.world 4 weeks ago
It’s always been ridiculous to me that what is essentially a forum has shareholders. That’s why I left Reddit during the app debacle and haven’t looked back.
Pregnenolone@lemmy.world 4 weeks ago
quack@lemmy.zip 4 weeks ago
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.
Apocalypteroid@lemmy.world 4 weeks ago
Same. I’m not sure Lemmy is any better tho. I know, I’m a hypocrite.
MutilationWave@lemmy.dbzer0.com 4 weeks ago
It’s not owned by a corporation and doesn’t sell your data or use it to feed an algorithm. So yeah I’d say it’s a lot better.
excral@feddit.org 4 weeks ago
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?
HK65@sopuli.xyz 4 weeks ago
If I had to find something to critique, it is that bad-faith agenda-pushing is still rampant here, from “both sides” - rather all conceivable sides.
Not like I have a solution for it. Maybe forums shouldn’t be this big, and we shouldn’t primarily be talking to strangers.
Apocalypteroid@lemmy.world 4 weeks ago
Social media is polarising. Lemmy, for example, and to a lesser extent Reddit, are 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.
quack@lemmy.zip 4 weeks ago
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.
whatevercomeon@lemmy.world 4 weeks ago
Right now it is ok. But I worry that AI will enshittify even the Feddiverse.