this post was submitted on 05 Jul 2023
754 points (97.2% liked)
Memes
45660 readers
1267 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
They do have a profit motive, because meta is in competition with lemmy for people's time and attention. The more attention/time/views meta gets, the better for them. So it is in their interest to find a way to create their own instance, make it the most popular one, and then use that popularity to shut out all other instances, effectively killing them.
https://en.wikipedia.org/wiki/Embrace,_extend,_and_extinguish