I mean there’s Reddit ofc, as well as Twitter in its entirety, Discord is implementing some dumb updates, there are issues with Tumblr as well as everything to do with Meta, and I’m sure there are plenty more (and I haven’t even touched other digital media, for example the Sims). Why is it all happening in the span of about a couple months?
This is the correct answer. Even the most hardcore capitalists have to realize that endless year-over-year growth is impossible. The invisible hand will eventually correct the market – we may be seeing the start of that now, and it’s going to affect the biggest first.
The fact that they continue this cycle of “extract every last drop of money and then move on to the next big thing” shows they really don’t. They’re more than happy to wreck everything as long as they have enough cocaine to hold them over.