Meta's recent decision to allow claims of mental illness towards LGBT+ individuals on its platforms has sparked a wave of outrage. This new moderation policy...
What eventually kills these platforms is “death by thousand cuts”. Enshitification, controversies, legal problems will alienate users bit by bit. Competing services will then make some people visit less and less until they stop coming at all.
These platforms are competing for peoples attention/time which is finite resource.
But in addition to what happened to Yahoo, Meta’s platforms also use the network effect to keep users. Once the tide turns and the network effect is stronger elsewhere the userbase may quickly evaporate, like what happened to MySpace.
That’s already happening. Posts from my friends are seldom, and progressively less meaningful. Most are just shares of some dumbass sponsored content. Conversation is dead. But this is a big one, Facebook has AI users now that can keep up the appearance of a thriving site indefinitely, duping advertisers out of billions.
Unless you’re myspace. Myspace was great, until facebook just suddenly existed, and took over. Felt like it went from never hearing of facebook in 2006, to 2007 myspace is basically dead.
MySpace was sold to News Corp for $580 million dollars. Then they purged everyone’s accounts, all their blogs, posts, pictures, everything. Talk about not knowing what they bought. Serious WTF. Users could submit a form and get some but not all of their profile back. One year later MySpace was worth an estimated $35 million. It was the worst tech acquisition until Twitter. This all coincided with Facebook opening up to the public and becoming more popular. So it’s not exactly that MySpace just collapsed, Rupert Murdoch killed it.
To be fair to the fucking muskrat, he paid 44 billion dollars to have the loudest voice in the world. By chance, he also got a lot of power in US politics. Sure, he’s killing twitter in the process, but he can probably recoup the money through other means.
This.
What eventually kills these platforms is “death by thousand cuts”. Enshitification, controversies, legal problems will alienate users bit by bit. Competing services will then make some people visit less and less until they stop coming at all.
These platforms are competing for peoples attention/time which is finite resource.
But in addition to what happened to Yahoo, Meta’s platforms also use the network effect to keep users. Once the tide turns and the network effect is stronger elsewhere the userbase may quickly evaporate, like what happened to MySpace.
That’s already happening. Posts from my friends are seldom, and progressively less meaningful. Most are just shares of some dumbass sponsored content. Conversation is dead. But this is a big one, Facebook has AI users now that can keep up the appearance of a thriving site indefinitely, duping advertisers out of billions.
Unless you’re myspace. Myspace was great, until facebook just suddenly existed, and took over. Felt like it went from never hearing of facebook in 2006, to 2007 myspace is basically dead.
MySpace was sold to News Corp for $580 million dollars. Then they purged everyone’s accounts, all their blogs, posts, pictures, everything. Talk about not knowing what they bought. Serious WTF. Users could submit a form and get some but not all of their profile back. One year later MySpace was worth an estimated $35 million. It was the worst tech acquisition until Twitter. This all coincided with Facebook opening up to the public and becoming more popular. So it’s not exactly that MySpace just collapsed, Rupert Murdoch killed it.
To be fair to the fucking muskrat, he paid 44 billion dollars to have the loudest voice in the world. By chance, he also got a lot of power in US politics. Sure, he’s killing twitter in the process, but he can probably recoup the money through other means.