The enshittification cycle:
Phase one, attract users by providing a good service.
Phase two, once the users are locked in, squeeze them for all they're worth by selling them to business customers (advertisers and/or data buyers).
Phase three, once the business customers are locked in, squeeze them for all they're worth by threatening to deny them access to the users on whom they now depend.
Spez seems to think Reddit has the pull to make phase 3 happen. I rather doubt it, but we'll see.
It does make a certain amount of sense. Big profit now means you get a chunk of cash to invest in other quick profit schemes, and your wealth just keeps snowballing. It works as long as you don't care that you never build anything that lasts.
It's phase three of the enshittification cycle. In phase one, you attract users by providing a good service. Once they're locked in, you squeeze them for all they're worth by switching focus to business customers. Once they're locked in, you squeeze them by threatening to deny them access to the users on whom they now depend.
Ordinary people just trying to live their lives hate this one simple trick.
If titles are anything to go by, murderizing an absolute shitzillion of people makes monarchs pretty great.
I don't see why the shareholders wouldn't want his head on a pike as well.
Because people believe stuff they want to believe regardless of evidence. The same goes for religion, politics, conspiracy theories, UFOs, homeopathy, and various other assorted nonsense.
We can’t test for the vast majority of things that we CAN conceive of. How could you disprove that ghosts don’t exist in an invisible, undetectable parallel dimension to our own?
Why would you need to? If they're undetectable, nobody could have ever seen them. Saying that ghosts exists in an undetectable parallel dimension is effectively the same as saying that they don't exist at all and every sighting claim is bullshit.
It's okay to like them while they do good and then change your mind when they turn evil.