YouTube disallowing adblockers, Reddit charging for API usage, Twitter blocking non-registered users. These events happen almost at the same time. Is this one of the effects of the tech bubble burst?

  • Rinox@feddit.it
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    1 year ago

    I think it’s a consequence of higher interest rates drying up VC money, meaning that tech companies now have to actually be profitable, rather than just grow.

    If the plan was grow now, profit later, then later has come

    • leanleft@lemmy.ml
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      10 months ago

      maybe inflation.
      just because U don’t see a price tag doesnt mean its not there.
      if you cant see the product, then you are the product!
      the state of wellbeing had never really been that great to start.

    • AgentOrange@lemmy.world
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      1 year ago

      This is also a great example of why higher interest rates aren’t automatically a terrible thing. In general, it’s probably a good sign for the economy that companies are expected to be profitable. Means resources are being used well. The limitless VC money kinda meant any dumb idea regardless of merit got funding.