designated_fridge

@designated_fridge@lemmy.world

• ⁨Comment⁩ on ⁨Reddit plans to lock some content behind a paywall this year, CEO says | Reddit executives also discussed how they might introduce more ads into the social media platform⁩ ⁨⁨6⁩ ⁨days⁩ ago⁩:

  The key part here is that (at least initially…) they won’t put any existing subreddits behind a paywall. So users’ habits won’t really be interrupted.

• ⁨Comment⁩ on ⁨[deleted]⁩ ⁨⁨6⁩ ⁨days⁩ ago⁩:

  You can check out SPIVA which tracks the people like the guy you’re paying to predict the future.

  In all markets the results are consistent. Over a single year a professional has about a 50% chance of beating the average. This probability drops over time and over a 10Y period about 10-14% of professional investors beat the average.

  You paying this professional is essentially the same as you thinking that you are able to identify the top 10-15% professional investors. And maybe you just are that great and we should all follow suit. But I doubt it. It’s your risk to take though. No one is going to force you to choose the cheaper option with the better probability to give the best returns.

• ⁨Comment⁩ on ⁨[deleted]⁩ ⁨⁨1⁩ ⁨week⁩ ago⁩:

  If you’re not putting your money into index funds you’re just fooling yourselves. You shouldn’t be paying any form of investor to pretend they can see into the future.

  This also means you will be investing heavily in the US. But don’t make the mistake of believing your invested money makes any difference in the world when it comes to ethical responsibility. A company isn’t affected by whether a fund invests or does not invest in them.

  Socially responsible funds are just for show because financial institutions have realised it’s something people will pay for. If you truly want to make the world a better place you reduce your monthly saving amount and donate the money to charities instead.

• ⁨Comment⁩ on ⁨Decentralised social media offers an alternative to big tech platforms like X and Meta. How does it work? Podcast⁩ ⁨⁨1⁩ ⁨week⁩ ago⁩:

  Just saw the other day that the Pixelfed developer pushed out a new feature pretty quickly and it reminded me of how much faster you can push new features out when you’re working on a small team with very few developers.

  Then I realised that… At the place I work at (an app most likely installed on your phone) - well every change will have a huge impact. If 0.05% of the users’ performance is degraded - that’s a shit ton of users. So we have processes in place. We test on all kinds of devices before releasing.

  Running a high quality service at scale is hard and it’s expensive and it’s not always fun because you have to leave your cowboy developer guns at home and do the homework before pushing to production.

• ⁨Comment⁩ on ⁨Bad UX is keeping the majority of people away from Lemmy⁩ ⁨⁨1⁩ ⁨week⁩ ago⁩:

  I spent way too much time trying to understand why I wasn’t taken to the comments when I hit the comment icon…

  … in the screenshot

• ⁨Comment⁩ on ⁨Pixelfed's first plateau in progress⁩ ⁨⁨1⁩ ⁨week⁩ ago⁩:

  Yeah, all apps advertise “no algorithms” - well those algorithms are what is pulling users back and back again and the more you get people to open your app - the more likely it is that they’ll contribute something.

  I have to remind myself to open Pixelfed. Which is how I want it to be and how it should be. But I also understand that none of my friends will go there and look at nothing and then check in again a day later.

• ⁨Comment⁩ on ⁨Non-US alternatives to digital services⁩ ⁨⁨2⁩ ⁨weeks⁩ ago⁩:

  Especially a password vault… Imagine your server going down while you are away from home and suddenly you’re locked out of everything.

• ⁨Comment⁩ on ⁨EU tells Meta it can't paywall privacy⁩ ⁨⁨10⁩ ⁨months⁩ ago⁩:

  I was close to it. I’m an advocate for paying for services I use. We’re way too used to getting everything for free and we should be willing to pay for services we appreciate.

  Which made me realise that Facebook especially I don’t appreciate. So I quit instead. It had value to me once but those times are long gone.

• ⁨Comment⁩ on ⁨Reddit wants to raise $748M with IPO, sets value at $6.4B⁩ ⁨⁨11⁩ ⁨months⁩ ago⁩:

  Who cares, we’re leaving an economy where no one cared about profitability. Just growth. It’s all about whether they can capitalize on that growth now.

  Spotify was the same. Turned a profit the first quarter after shifting the focus towards profitability.

• ⁨Comment⁩ on ⁨Reddit wants to raise $748M with IPO, sets value at $6.4B⁩ ⁨⁨11⁩ ⁨months⁩ ago⁩:

  I’ve never seen the view of an IPO so heavily affected by bias. Superusers hate Reddit but so what - what matters is whether soccer moms are scrolling and being shown ads. No one cares that the most costly users are unsatisfied. You and me both are nothing to investors.

  Is there some objective analysis of this IPO? All I’m seeing is “I’m a superuser who spent a lot of time on Reddit in 2007 and it was far superior back then. The stock will tank.”