You are viewing a single thread.
View all comments
72 points

Even after Automattic acquired it, the site continued to lose money at a rate of $30 million each year, the company’s CEO Matt Mullenweg had said.

I still wanna know what they’re spending all that money on, because I’m sure it’s not developers or even servers. The idea that they can only be profitable if they’re constantly growing their user numbers is an investor idea that’s doomed to fail eventually and why so many social media sites are crashing right now

permalink
report
reply
8 points

I see no mention of ActivityPub in the article, but I’m wondering if this is part of their plan to eventually integrate Tumblr into the fediverse as well.

However I agree with others that this will likely result in hella janky hackable websites first…hopefully it smoothes out.

permalink
report
parent
reply
1 point
Deleted by creator
permalink
report
parent
reply
21 points

if they’re constantly growing their user numbers

All social media needs to constantly grow because attrition. Social media requires basic levels of user ship to be functional, even lemmy. Its a network effect where you need to have certain levels of users for some emergent properties to exist. For example, I speculate that defederation early between .ml and .world was the trigger that will eventually kill lemmy, principally because this results in fragmentation and a reduction in the properties we would get from “more users”. Having more users begets more users, more content, more memes, etc. And I don’t necesssarily see the defederation as something unneccessary, but what I’m describing is an inherent property of networks. Its not something that can really be argued with because this behavior is consistent across physical, biological, social networks. It just “is” as a property.

So foundationally, you can’t sit still on a train moving backwords (which it always is). An organism needs to be constantly recruiting and growing new cells into its network because its also always dying. Growth is “holding still” for any networked system.

permalink
report
parent
reply
22 points

Lemmy can work without user accounts made directly on the server. I’m posting from a completely different instance using completely different software (mbin), and I can see both .ml and .world and interact with them both just fine despite their defederation from each other.

It’s kind of more like a random street gathering instead of an exclusive club.

permalink
report
parent
reply
5 points

Or like the golden age of instant messengers, where you had multiple choices of multi-client apps like Trillian.

You still had individual accounts for each IM platform, but a single app to chat on any platform.

permalink
report
parent
reply
7 points

Funny how all these social media corporations were run as ponzi schemes…

permalink
report
parent
reply

Technology

!technology@lemmy.world

Create post

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


Community stats

  • 15K

    Monthly active users

  • 6.7K

    Posts

  • 154K

    Comments