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Why do so many tech companies, like Reddit and Twitter are making their platforms worse for their users all of a sudden? (lemmy.world)

submitted 1 year ago by cilantrillo@lemmy.world to c/asklemmy@lemmy.ml

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[–] Nollij@lemmy.fmhy.ml 9 points 1 year ago (5 children)

To expand on this, it's not just capitalism - it's greed.

[–] silentdon@lemmy.world 5 points 1 year ago

Potato potato

[–] pineapplelover@lemm.ee 2 points 1 year ago (2 children)

Well,greed causes capitalism

[–] kboy101222@lemm.ee 1 points 1 year ago

And capitalism causes greed!

[–] azvasKvklenko@sh.itjust.works 1 points 1 year ago

I though it's the other way around. Maybe it's both and it's closed circle

[–] epicspongee@midwest.social 0 points 1 year ago

To expand on this, it’s not just capitalism - it’s greed.

No it's just capitalism lol. Every company has to continue reaping in profits for capitalists or else it dies. This is just Reddit's way of doing that.

[–] BigAngBlack@fosstodon.org -1 points 1 year ago

@Nollij @breadsmasher
one in the same
money, power, greed - all part of capitalism

[–] duncesplayed@lemmy.one -1 points 1 year ago

I don't think "greed" is quite the right word. "Greed" would be the right word if they were trying to make themselves more profitable. But they're not: they're trying to make themselves profitable at all. That's not about greed, but about surviving. You can't survive unless you stop hemorrhaging money at some point.

Maybe the question is "Why do investors invest so many hundred of billions of dollars into companies that cannot be profitable without becoming super-shitty? And why do users join them knowing that they're going to become super-shitty one day?"