hey watch it I'm oscillating here
beanssys
joined 1 year ago
a lot of people have already basically made this point, but ad revenue isn't really good enough to make massive massive tech platforms profitable, and there's only so much VC money they can all burn. we saw the first stage a few months ago when basically every major tech company had massive layoffs, now all these companies are trying to become profitable all at once
he did mention working on an app for Tildes, so a Lemmy version is possible. probably a bit of a harder port bc of the defederated nature