• Nurgle@lemmy.world
    link
    fedilink
    arrow-up
    0
    ·
    1 year ago

    It varies from company to company, but when infinite growth becomes unrealistic they get desperate for new revenue and start doing shitty nickel and dime tactics.

    More specifically for Reddit thoughts are they realized that these new AI tools had already pilfered all of “their” content and they did not see a cent from it and responded wildly.

    • AggressivelyPassive@feddit.de
      link
      fedilink
      arrow-up
      0
      ·
      1 year ago

      Not only Infinite growths, but infinite money. Since at least 2008, money was almost free for tech companies and somehow nobody cared, that they never made any profit - Twitter had like 2 profitable quarters in its entire history.

      Now that interest rates went up, investors want to see results and if you can’t burn through venture capital anymore, you have to get money somewhere else.