this post was submitted on 22 Aug 2023
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The comments are all shitting and memeing on this but it's actually concerning because... money. This is going to make Xitter seem more attractive for people to join and harder for people to migrate off to open platforms like Mastodon, thus giving Muskrat and big tech more control.
Youtube has the monopoly they do because of their easy monetization and algorithm and we all know the kinds of things Google is doing these days to abuse that position (WEI, blocking ad blockers, forcing watch history). I'm worried, because of big tech's power to negatively affect society, and for the people that will be drawn into this because they desire money and fame. It's a negative feedback loop that's becoming harder and harder to break.
X will run out of money to give cause it's a shit platform. Money can't fix this problem
Snap used to give out literally millions every single day to Spotlight creators, and in the early days, some people were making hundreds of thousands of dollars off a single viral post with dozens and hundreds of millions of views
They still failed to make a dent in Tiktoks market share
Yep, Twitter still loses billions a year, and even more now it took on debt to be owned by
, it will go bust fairly soon, in terms of a few years.