• Delusion6903@discuss.online
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    13 hours ago

    That’s all the talk so far? It feels like a bad sign to me when power starts moving from the true believers to the VCs.

    • Ulrich@feddit.org
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      6 hours ago

      It was always going to be this way. It didn’t take long to see the signs of enshittification on BSky. They were subpoenaed for user info, they banned journalists, implemented age verification, and I left when they started adding link redirects and tracking.

    • wewbull@feddit.uk
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      10 hours ago

      Which is why “Not for profit” organisations are such a good thing. They are harder to get going but because they are not investment vehicles in the same way you don’t have CEOs installed just to maximise share value. Decisions are focused on what the company needs to perform its mission.

      • ChaosSpectre@lemmy.zip
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        37 minutes ago

        The American Healthcare system fully disagrees with your statement, as they actively exploit non-profit status to avoid taxes and squeeze any “profits” into bonuses for the people at the top. They aren’t even the only industry doing this, but it all boils down to a piss poor lack of regulation and enforcement that really lets companies exploit non-profit structures.

    • andybytes@programming.dev
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      12 hours ago

      What goes up must come down… watch in the tech bro future we will be bailing out social media companies just like the airlines. Always making a good thing bad.