Plenty of value was lost, a lot of news on my singularity sub were posted on twitter because for some reason people thought it's a great decision to hold on to dying platform.

i enjoy art and because a lot of art is hosted on twitter a lot was lost to me. i never wanted an account.

In the fire country of California it was a quick way to get updates on any wild fires that pop up or evacuations… it has its use cases, maybe not as a social media platform, but surely as a public service/news platform it has some merit.

This guy gets it

This is turning into a pretty decisive time in social media where we have the opportunity and momentum to move back to open systems. 🤞

Facebook and Instagram have been doing this for years. It was only a matter of time before Twitter started it.

I hope for the opposite, this platform should die IMO

Reality: Musk has degraded Twitter's performance to the point they can't handle unauthorized access.

And that, Musky, is why sites generally provide an API and don't lock it behind prohibitive pricing. Because the alternative is to scrape your site, and that's more resource intensive for the site in question.

OT but it amazes me at what point musk sounds like trump when posting lol, he really just is technotrump

... data pillaged ...

Meaning ... people were using your publicly available website?

If only there was some sort of reasonably-priced computer-readable service or platform that organisations could use to collect data without degrading the service of users...

Pillaged… in Musk speak means a normal day of traffic.

I'd bet $20 that it was actually just their platform just struggling to do normal traffic and elon wants to make it some sort of rallying cry for his sicophants

Both Reddit and Twitter making sure their data won't be used for training chat bots without a hefty price tag

I think they all fear the AI corporations drinking their milkshake ... but the current social media giants and the ai tools are both squatters who create no value on their own, they both need humans to create real content

We are in the dot-com equivalent era for social media.

Doing everything to get as much money as fast as possible will always lead to this. It's why the economy goes belly up every so often.

I wonder if we can describe the current going-on's as an "internet recession" or maybe even the "digital depression"

interest rates going through the roof, all these companies have to squeeze every penny they can outta people all of a sudden

If my understanding on the topic is correct then nitter won't function anymore.

Edit: yeah, it's dead

Reddit does this too except if you are in anonymous browsing mode the link to open in app takes you to the download page in the App Store, even if you have it installed already. Literally no way to open that page in the app.

I think he's just as dumb as a rock and high as a kite 24/7

M-musk was good all along? :o

@ColonelSanders

@Martineski

The era of easy VC money is over. All these companies that exploded with growth on low-interest-rate-investor-cash are having to show profitability to shareholders.

I've seen this before. Been involved in tech since the mid 90's. During the Dot Com boom of the late 90s it was NUTS what some of the companies would provide for employees. I worked for a place that basically provided free food for employees. I literally didn't shop for groceries for a few months, I'd just bring some of it home with me.

When the "Dot Bomb" exploded in the early 00's it was an abrupt shift and it happened so quickly I remember everyone being shocked and upset.

I remember feeling real lucky to have a job in '08 and '09 when the recession got bad. However, things got better and you began to see more perks from tech companies.

Now it's cycling back again. It's only a matter of time before someone from the government says "recession". In the meanwhile, a lot of these tech companies are acting like any other big business and they're squeezing what they can out of users to be more profitable in the short term.

While I definitely think there are issues with federation, it couldn't have become popular at a better time. IMO while most users will put up with what these companies are doing, you're going to see more tech orientated people migrating to federation in some flavor or another. Eventually, it or something akin to it will get more polished and the mainstream will follow. And the cycle repeats.

This is sort of the final stage of endless growth capitalism. Once you have reached the max saturation of your potential user base with an attractive product, you sell that product for a huge payout and the next CEO comes in with a mandate to squeeze the orange for all its juice.

Inevitably this leaves the market ripe for the next disruptor to come in with a more enticing offer and the cycle repeats. With market consolidation however this is becoming harder and harder to do with every second comapny owned by Disney or Microsoft or Haliburton etc.

And I'm all in for it!