Whelp, here we go again

    • stallmer@lemmy.one
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      1 year ago

      Interest rates hikes stopped the free money, so companies need profit.

      I’d argue they don’t need $500 million when they already make $400 million, but I’m just a lowly peasant.

      tl;dr: capitalism

      • JCPhoenix@beehaw.org
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        1 year ago

        Especially with video. Reddit was easy-ish to leave – I haven’t left entirely – since it’s just a link aggregator and glorified forums. That’s nothing new to the Internet. And Twitter was easy to replace with Mastodon.

        But hosting video? That’s a tough one to replicate. I know there are some other platforms out there, but I can’t imagine any could really take on YouTube, due to space and bandwidth considerations.

        So yeah, I think YouTube has us all by the balls. And they know it.