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submitted 1 year ago by Catch42@kbin.social to c/tech@kbin.social

Like many people I'm here because of reddit going to shit. Twitter has increasingly been shit. gycat is shutting down in September. To me it seems like lots of bastions of social media are crumpling, but as a previous active reddit user, I've been personally effected. Is this just a frequency illusion or has something changed in the world that has changed the business case of these sites?

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[-] ArugulaZ@kbin.social 42 points 1 year ago

Not just you. I don't know if anyone's made it official yet, but I call what's currently happening the "social media collapse." Corporations have been sinking their teeth into popular social networks, only to realize that they've never been profitable and that the people who use them don't want to live with advertising or restrictions. The annoying paradox of social networks is that by the time they're popular enough to be worth using, they're already too popular, and are doomed by the whims of a meddling executive.

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this post was submitted on 03 Jul 2023
275 points (100.0% liked)

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