Hm, I never really thought of it that way. In general I agree with what you’re saying.
Thinking about it more, maybe one way to stay profitable while avoiding egregious privacy violations through ads/monetizing user content would be to offer a subscription service? You would need to have a critical mass of paying users, but it could work… just wouldn’t be very profitable I guess. Probably would have some logistics issues too.
Its a reference to Usenet back in 1993, its essentially when an online community has to deal with a never ending influx of new users. So think of this as Reddit before it got big/mainstream.