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Joined 1 year ago
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Cake day: June 18th, 2023

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  • A site like Reddit could be run on a skeleton crew of 20-50 people. That’s what Elon Musk is trying to do somewhat with Twitter, slashing unnecessary employees. (Example: How many people are working on lemmy?)

    Look at it from the viewpoint of an executive. “I managed a 5 person team.” makes you sound like a loser. “I managed a 100 person division” makes you sound like a Big Important Person, even if 95 of those jobs were unnecessary.

    Also look at it from the viewpoint of investors. If an investor puts $200M into Reddit, they want Reddit to be spending $100M-$200M on growth. No investor would put $200M into reddit if reddit was going to just run a barebones operation spending $20M per year and then coasting for 10 years off the investment money.







  • There are conspiracy theories on the Internet that Google and Facebook were created to centralize control of the Internet in a few large corporations, who then would be able to control what information people see. You also have to think bigger than government. Who has more influence? The President? Or the CEO of Blackrock and other large hedge funds, who control all the voting shares in pretty much every public corporation?

    For example, if you control the mainstream media and big tech, you can make an issue seem like a huge problem by overhyping it everywhere. You can cover up real problems by never mentioning them at all. The CEO of Google is NOT elected. A couple of hedge fund managers get to pick the CEO of Google.