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this post was submitted on 22 Jul 2023
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Technology
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are tech companies doing this
now-paid-but-was-free-for-a-long-timeservice because they know their company is failing (or soon to fail), so they are trying to accumulate as much money as they can before sh*t hits the fan?A lot of social media companies aren't profitable, but they didn't care because of cheap loans and lots of investors. Now that loans are more ecpensive and investors want AI, social media companies are realizing, "We need to make money, or investors will hate us", and are locking things down. Twitter, Reddit, Youtube, and Tumblr are some of the examples we see. All trying to push subscriptions or block adblockers.
I am not an economist, but I have an idea that this is because the alternatives have done that too, and since this renders the point of moving invalid, they might as well also introduce the same stuff
Why not both?