this post was submitted on 28 Jun 2023
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Technology
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Reddit chose to be non profitable in order to kill off all internet forums.
It's reddit that's changing the terms, not mods acting up.
It kinda reminds me of what happened to rural buses in Canada. We had small bus companies going all over the place. Greyhound bought them all out and ran the whole thing as a monopoly for a few years.
Then they decided it was too much trouble and shut the operations down.
For the last twenty years there are no rural buses at all. If you want to get from point a to b outside of town, it's flight or drive.
Like everything else. Big money buys out competition and then kills off anything that is not profitable enough. Parasitic private equity take all the money.
Of course smaller companies serving markets the big guys don't want to bother with isn't actually competition. But the big guys want to crush them anyway. So stupid.
That's incredibly sad, and as the other commenter suggested, all too common with big daddy capitalism. I can't describe how angry it makes me, and how powerless those situations make me feel at times. I'm so happy, and proud, when I see communities truly fight back - and I can fight along side then. So often we go out with a wimpe, I want to fight for the things important to me!