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this post was submitted on 02 Jun 2023
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It's a chicken and egg problem for sure, but what I find a bit funny in every case like this (Reddit -> Lemmy, Twitter -> Mastodon, etc) is when someone says "X doesn't have any users!" it makes me want to reply with something like:
These companies think they (and unfortunately in a lot of cases, are) too big to fail, if there was a competitor out there that had another sizable slice of the pie, then I doubt they'd be making idiotic changes like this nonsense over the API.
I know that this is just how the network effect works, but it does make me laugh for a moment every once in a while.
It's obvious that reddit had someone run the stats on what percentage of users would abandon the site completely and who would bite the bullet and eventually migrate over to their app. Obviously there must be more potential earnings with whatever projected percentage of users actually swallow their pride and use their app. All that Metadata must be worth a fortune to them.