Let’s boost activity by creating new posts & commenting on others! Creating new posts is more important right now. We can still go back to being lurkers after we’re all settled on the platform. You’re also encouraged to recommend this community to our friends around the Fediverse :) we can’t do this without your help.

You may use this post for community requests, advice and/or just to deliver good wishes.

Also, see Rule 6.

  • SMC@lemmy.world
    1·
    1 year ago

    It happens with all types of products, we’re just reaching the point where it’s happening on social media products. It’s the same reason why shrinkflation is a thing.

    When markets are young, and when products are new, you grow and profit by building the best thing you can. If you can build a great product and it takes off, things are good. But as markets mature and new user/buyer growth isn’t feasible anymore, the game changes to seeing just how much profit you can squeeze out of each buyer/user before they quit your product. So just like other products move to cheaper ingredients or components at the same price, social media companies need to provide the lowest quality product that still maintains revenue. They’re banking on people accepting the worse product.

    Unfortunately what a lot of companies are finding out, social media isn’t as vital to people as they think it is. People are willing to walk away when pushed too far, which is what Twitter and Reddit are seeing now.