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YouTube disallowing adblockers, Reddit charging for API usage, Twitter blocking non-registered users. These events happen almost at the same time. Is this one of the effects of the tech bubble burst?

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[-] joel_feila@lemmy.world 35 points 1 year ago

https://www.wired.com/story/tiktok-platforms-cory-doctorow/

Enshitifacation. Twitter onlyy turned a profit once, YouTube is about 20% of global bandwidth and has turned a profit. companies don't just want money they want the amount of money to always increase. So they turn to ever more exploitation to try to get it.

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[-] Sanctus@lemmy.world 32 points 1 year ago

We have reached the stage where the snakes have grown large enough that they must prey on their own tails, for there is nothing left to eat.

[-] HunterBidensLapDog@infosec.pub 31 points 1 year ago

Interest rates went from almost zero to real rates. If you're sitting on a pile of money you can invest it in internet companies with crazy valuations and no profit or near zero-risk Treasury Bills and interest-bearing certificates.

Many investors know they are betting on the greater fool instead of any real value in these internet companies. There are now fewer greater fools.

If your business model was to give out free stuff paid for by piles of investor money, you suddenly had to find cash to keep the lights on.

Elon has to pay $1B in interest every year for Twitter. That's still a lot of money.

Elon being a cartoon villian gave other people cover to do the same. You're less likely to be singled out by the media.Your taking candy from a baby is just part of the trend or the run of bad luck falling on those poor billionaires.

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[-] Pillarist@lemmy.world 31 points 1 year ago

enshittification

Give it a Google.

[-] PorradaVFR@lemmy.world 30 points 1 year ago

I've worked in the tech sector for a LONG time and have met and worked with some of the most shockingly brilliant and insightful people in my life….and many that are far less so.

As with any population.

Bad decisions, lack of strategy or plain old monetization motivated by greed or a desire to cash out before the cash runs out are sadly commonplace. The method taken says everything about the quality (or lack thereof) of leadership.

Some real stinkers lately.

[-] Pup@lemmy.world 29 points 1 year ago

Because the days of just shoveling money into various silicon valley projects in the hope that maybe they'll turn a profit eventually is over. Big investment firms now want an actual return from their investment, and because of that, tech companies are desperately trying whatever they can to turn a profit from these massive services that are also very expensive to run. That usually comes in the form of changes that makes things harder for the users, but is significantly more profitable for the companies that run them.

[-] Contravariant@lemmy.world 17 points 1 year ago* (last edited 1 year ago)

For some more context, this is probably tied into at least two things. One is that the bubble was starting to be recognized for what it was. The other is that interest rates became positive again, so the bar for a good investment suddenly went from "I'll be happy if I get my money back" to "I want to be paid back double within 20 years".

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[-] WolfhoundRO@lemmy.world 28 points 1 year ago

They were like this before also, but you're right: now they're much more overt and like they're pushed or hurried by something... And that something is the prospect of recession. They're not publicly announcing it, but their liquid assets are running low and they hit the ceiling for growth. YouTube is trying to maximize their exposure and revenue for ads by cracking down on adblockers; Twitter and Musk doing the dumbest decision just for money, the last one for the rate limitation being connected with not paying the bills to Google Cloud; Reddit introducing 3rd party API usage fees for, maybe, the same reason... They ran out of "smart" and covert solutions to milk their product, partners and clients of money and they would rather go down in greed. And they won't even be directly responsible due to those golden parachutes

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[-] cley_faye@lemmy.world 27 points 1 year ago

It's more like you now notice this because it have visible effects, but it's been going on for years. Restricting content, abusive rules and stupid changes have been the norm, all toward a centrally controlled experience geared toward generating internal profits on the back of users and content creators.

It's also why some prominent content creator started their own platforms, too.

It's just that now it reaches "intolerable" level for most end-users.

[-] panja@lemmy.world 26 points 1 year ago

Companies expect infinite profit growth

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[-] Thioether@lemmy.world 25 points 1 year ago

Combination of VC money drying up and fear of LLM sucking up their future revenue streams. I think the former is the the logical driver and the latter is the secret fear.

[-] DuskLoaf@lemmy.world 25 points 1 year ago

Everyone wants a piece of the AI pie

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[-] x7tYnC6c@lemmy.world 25 points 1 year ago

While these changes will eventually happen, as all of these companies are meant to make a profit from the start. The reason they're all happening now is because of the coming recession, or at least the believe that it will come.

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[-] xaxl@lemmy.world 23 points 1 year ago

Oh you thought the end goal was to make a good website. Hahaha.

[-] hoshikarakitaridia@lemmy.fmhy.ml 23 points 1 year ago

There are a lot of reasons for this general trend, but let me add my two cents to make a case for the sudden influx of user-opposed changes:

I don't have a source for this, but I remember that Linus spoke about this on the LTT WAN-Show. Basically, abunch of big silicon valley investors are pulling out of all of the big platforms, therefore leaving them with a huge hole in their profitability. This means, that right now a lot of them are scrambling to scrape together more money over time, so all of those platforms are sustainable.

Obviously this has to observed in conjunction with all of those are trends that are already mentioned by other comments, but this gives more basis as to why now, and why to this extent.

If someone else knows what I'm talking about please add quotes and sources because I don't like the good old 'dude trust me' guarantee one bit.

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[-] damnYouSun@sh.itjust.works 23 points 1 year ago

It's the Romulans, they're holding back human progress.

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[-] SeaOtter@lemmy.world 22 points 1 year ago

Cheap/free money has dried up.

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[-] WheeGeetheCat@sh.itjust.works 20 points 1 year ago

Wouldnt even be surprised if Musk wanted to convince huffman to do this to split the outrage.

LIke how all the tech companies did layoffs at the same time this year

[-] TheLight@lemmy.dbzer0.com 17 points 1 year ago

And before anyone says this sounds like a baseless conspiracy theory, remember that the big tech companies got fined a few years ago for having an agreement not poach each other's employees to keep wages down. They do talk to each other, and for things that matter.

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[-] panda_paddle@lemmy.world 20 points 1 year ago

I'm not sure YouTube ever wanted you using adblockers.

[-] morgan_423@lemmy.world 29 points 1 year ago* (last edited 1 year ago)

Google needs to understand, that is not a choice that they have.

So much of the internet is covered by sites that don't take the time the vet their advertisers and the ads that are being placed on their platform.

Advertisers who, in turn, advertise on legit sites spreading scams and malware wherever they go, and Google and YouTube are no exception to this. These companies really brought The Age of the AdBlocker on themselves, by not making sure that the ads they are allowing on their platforms are safe for users.

So now, me and about a bajillion other people are in a position where we don't go out onto the internet anymore without protection. Ad blockers for everyone.

So, YouTube's actual choice is this: do they want me to continue to visit their site and drive their traffic metrics?

Because that's all they are getting from me, and if they find a way to disable all ad blockers, than they are clearly saying that they don't want me and others like me to boost their visitor numbers. Simple as that.

[-] SgtSilverLining 17 points 1 year ago

I've been using the internet since the 90s. Originally I was very pro ad, since it meant that we wouldn't end up with paying subscriptions for every site on top of internet utility bills. But around 2010 or so I got malware from an ad I didn't even click on - all it had to do was load on the page. The site issued an open apology but it's not like they were going to pay repair costs for everyone's computers. After that I knew neither websites nor ad suppliers were vetting what they display to users. Companies only get more complacent as time goes on, and once the option was out there bad actors would only get more creative. I've used ad blockers ever since.

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[-] Etterra@lemmy.world 20 points 1 year ago

YouTube can try lol. But they've never cared about users. They're just all at about the same point where they have to stop pretending in order to feed that capitalism machine (or try to at least). It looks like hostility, but it's just them finally being honest.

[-] Stinkywinks@lemmy.world 19 points 1 year ago

Like the downfall of everything in our society, greed.

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[-] Ranessin@feddit.de 17 points 1 year ago

Money is tighter since the inflation affects VC and stupid money flowing in. Stock prices are not going up, people have no money to play with (see the death of NFTs at the same time, the definition of a stupid investment).

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this post was submitted on 02 Jul 2023
1933 points (100.0% liked)

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