In what context?

In the insurance world, you sometimes see the phrase “L+ALAE Ratio” to refer to the ratio of (losses + expenses) divided by premium. It’s a way to measure profitability for a book of insurance business: how many dollars of loss and expense do you have to pay per dollar of premium earned? Lower is better, and you don’t want that ratio too much higher than 100%, because that means premiums aren’t high enough to cover losses (though investment income can sustain small underwriting losses).

I could see “L+” used as shorthand for “L+ALAE” or “L+ALAE+ULAE,” though admittedly, I’ve never seen that specific shorthand used.

Doubt it. It’s just dumb low effort posting over here trying to force inside jokes on Lemmy. I blocked all of that sort of stuff back in the day on Reddit, and I blocked it here too.

Open Street Map is legitimate. In bicycling communities, Strava is the gold standard app for tracking rides, and it uses Open Street Maps on the backend. It’s always super accurate for me, even for fairly obscure bike trails off the beaten path.

I agree, though hopefully this will pass with time as people default to Lemmy rather than Reddit for their downtime. That said, when the Titan submersible craft story broke a week or two ago, there was decent discussion on here. For the most part, comment threads are a ghost town aside from threads bitching about Reddit, but there are occasional exceptions to the rule that should become more common as people get adjusted here.

Spotify

Strava

Default alarm clock app

If it weren’t for Spotify and Strava for bike rides, I would gladly get rid of my smartphone and replace it with a flip phone. Life was better before the entire internet traveled with you everywhere you go.

The past 15 years of growth in anything technology adjacent has been fueled by one thing: Extremely cheap debt. Interest rates have at been rock bottom since the 2008 crisis, and they’ve only started to tick up recently. That means the ability to fund infinite growth for basically nothing, so tech companies have relied heavily on debt financing.

Now though, that’s no longer viable. Silicon Valley Bank was very heavily involved with all these tech companies, and it went insolvent in March largely because of rising interest rates. They held a lot of long term bonds at low interest rates. In normal conditions, rising interest rates mean lower bond prices and unrealized losses, but not a major problem because they can just hold them to maturity and never realize the loss. Bank runs forced SVB to sell the bonds for huge losses though, turning unrealized losses into realized losses, and a non-issue into a major problem.

Now that cheap debt is gone, these tech companies are desperately scrambling to attain profitability. It hasn’t been discussed much, but this is a big reason for the changes at both Twitter and Reddit.

That’s why it has to be done today. At the moment, Jerboa instantly crashes when trying to access Lemmy, which will definitely scare away new users. My understanding is that this is because Lemmy.World is on version 17, but Jerboa requires instances to be on version 18 or higher. If successful, I believe this would fix the instant crash issue, so we’ll at least have an Android app working again.

Hopefully, these are just growing pains symptomatic of a site trying to deal with rapid growth and rapid improvements.

Side downloading .apk files from something other than the Google Play store is shady as hell. It’s way too easy to sneak malicious code into the app that way. Even if the project is open source, I don’t have the time or the skillset to review the code to confirm it’s not malicious. No offense to the developers, but there’s no chance in hell I’m doing that for an upstart app I knew nothing about a month ago.

As a result, I’m using Lemmy via Firefox’s mobile browser right now, with Jerboa completely useless crashing the second I open it.

Hopefully they fix it soon (i.e., within the next 24 hours). First impressions matter a ton. For the masses migrating tomorrow once RIF and others shut down, Lemmy and the different apps for it will appear to be dead on arrival. If we expect any actual content on Lemmy beyond complaints about Reddit and questions about Lemmy, we need those people to migrate over.

The idea that different fediverse instances can all be on different incompatible versions is mind bogglingly dumb. The federation/decentralization design choice overcomplicates things to a huge degree. There are far more downsides than upsides to this approach. I want to like Lemmy/Jerboa, but at this point, the official Reddit app is looking more and more appealing.

Before they killed Reddit, I frequently made new accounts for privacy reasons, as recently as maybe a month or two ago. Email was not required.

I’ll be honest: that’s a shitty way of handling this. Making 20 accounts to view content from 20 different instances that don’t want to cooperate with one another defeats the purpose of all of this. If that’s the plan, the Lemmyverse or whatever it’s called is dead on arrival.

No chance.

Creating a Reddit alternative is easy because you only need to host text, and text doesn’t take up a lot of space. The entirety of Wikipedia’s text, for instance, can be compressed into something like 22 GB, which is small enough that it can be stored on low-end consumer hardware from 20 years ago. The more difficult problem is getting a user base: people don’t want to switch unless they have a compelling reason to, and even with Reddit shitting the bed recently, Reddit alternatives are still pretty empty.

With video, you have both problems. Like Reddit alternatives, getting people to switch and produce content for the platform is difficult as hell. However, even if you somehow manage to succeed at that, video takes up an enormous amount of space. It simply isn’t feasible to host that much content without millions/billions of dollars of funding available if the platform takes off, and no company wants to invest that sort of money on a low probability gamble competing against one of the largest companies in the history of the world.

I was gifted Reddit gold a few times over the years for random comments I made, which gave access to the lounge subreddit. It’s mostly nothing but dumb memes roleplaying as gilded age oil tycoons and the like. Definitely not worth paying anything for access to it.

Top Day is probably the best sort option so far, but I wouldn’t mind something that updates a little more frequently (e.g., Top for the past 4 hours). Additionally, I wouldn’t mind adding a decay mechanism that gradually pulls posts lower as time passes. As things stand now, if a post is immediately popular within the same hour it gets posted, it’ll remain as the #1 post on Top Day for the next 23 hours before immediately falling off the page altogether the second the post becomes 24 hours old. That leads to stale pages, and if people see the same posts every time they check this place, they’ll assume it’s a dead community and never come back. By implementing something that more gradually cycles content, if I check the site once at lunch and again a few hours later on my train ride home, I should get different content.

Yep. The rising interest rates is an enormous part of it, and it’s not really getting discussed that much. Basically, the 2010s were a period of historically extreme low interest rates. When you can borrow for cheap as you could during the 2010s, you could easily fund growth via borrowed capital. Money was flowing everywhere. Tech companies in particular could get funding from places like Silicon Valley Bank, so profitability was a secondary concern, with growth as the primary concern. No need to be profitable if you can fund your day-to-day operations with cheaply borrowed money.

In the current environment, things are very different. Cost of capital is much higher now, so borrowing to fund the day-to-day isn’t as feasible anymore. Those rising interest rates ultimately led to Silicon Valley Bank’s collapse in March: They held a lot of long term US Treasuries on their balance sheet, so they were forced to show huge unrealized losses with rising interest rates because of mark-to-market accounting. That collapse cut off a huge source of funding for Reddit and other tech companies.

The result is predictable: Reddit needs to turn to profitability, and they have to do it fast. It absolutely sucks for long time users, but they no longer have access to the same funding source that kept the place afloat in the 2010s.

Reddit isn’t unique in this. Other tech companies show a similar pivot to profitability after funding growth with cheap money in the low interest rate environment of the 2010s. Uber is a good example: Borrow money for cheap to fund operations at a loss for a few years, and all of a sudden, you’ve gained huge market share because you’ve undercut the cost that taxis charge. After that money dries up though, you have to raise costs to pivot to profitability. Today, Ubers are often more expensive than the Yellow Cab you may hail from the street, but people are so used to using Uber that they don’t compare prices anymore.

The problem with subscribing to communities at this point is the lack of content. I subscribed to a few different baseball communities, but none of them have anything other than maybe a welcome post or a few gameday posts without any comments. Communities are duplicated on a bunch of different instances too, which makes things a million times harder than it needs to be. I have no idea if one of the half dozen baseball communities I’m in now will make it big, if a new one entirely will make it big, or if they’re all doomed to never have content.

Define “intentionally inflammatory.” Reddit was always very left-leaning politically, so I assume the userbase here is similar. I suspect conservative memes/links/etc. would be considered intentionally inflammatory here in a way that leftist memes/links/etc. would not. It’s not really possible to define a one-size-fits-all definition: One person’s inflammatory is another person’s ideal content.

Additionally, define “spamming links.” The biggest problem with Lemmy so far is lack of content. If I go to the baseball subreddit, for instance, I see a bunch of highlights from the games that took place last night, a bunch of discussions on World Series odds, a bunch of questions about stats, etc. Over here, none of that exists yet. A few people have tried to build individual communities by posting similar content over here. It probably looks like spamming a bunch of links to MLB’s website for highlight videos. However, without someone spamming those links, the community is basically dead with nothing to comment on. We probably need a little spamming at the outset to grow the community to be large enough to sustain itself organically.

The idea of Shreddit takes me back to when I first joined Reddit in 2011. At the time, I was in my mid 20s going to rock/metal concerts pretty often. A friend of mine encouraged me to sign up for Reddit and to check out the Shreddit community. It took me ages to figure out she was talking about /r/metal.

I bring that up to make the point that community discovery in my early days of Reddit was pretty difficult, but I eventually figured it out. In time, I’m sure the same thing will happen with Lemmy.

Looks like a huge drop in user counts a few minutes ago too: Down to 75K as of the time I made this comment despite the chart showing a much higher number immediately before that. I’m guessing there’s something off when it comes to counting the different instances.

Honestly, the Reddit approach is pretty similar. Reddit had /r/gaming and /r/games, for instance, with the two communities offering pretty much the same content. Same thing with /r/baseball as the large baseball subreddit and /r/MLB as a mostly empty subreddit filled with people who figured baseball would use the same naming convention as /r/NBA or /r/NFL. Eventually, one of the ones wins out. We just have to remember that Lemmy communities have two names before and after the period, so while the initial name can be duplicated, the initial name plus the instance cannot.

It’s similar to the early internet where site.com was different from site.org.

Interesting article. I appreciate that it included the example of a couple in Jersey City, NJ being forced to move because of increasingly exorbitant rent. That article could have been about me personally. I lived in a shitty overpriced 1br apartment that overlooked the Holland Tunnel. Rent was around $2200/year, but they wanted $2700/year for us upon renewal, and after we said no, they upped it to $2900/year when offered to the general public. This was June 2022, and a quick look on their website suggests similar units sell for $3300/month now. I make a decent living, but that increase was way too much for me. That was the final straw to get me to move out of NJ entirely and down to the relatively more affordable DC area. It was similar for many of my neighbors. The NYC area will always have a special place in my heart, but there’s only so much you can take before you begin looking to alternatives.