this post was submitted on 08 Jun 2023
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just so this doesn't overwhelm our front page too much, i think now's a good time to start consolidating discussions. existing threads will be kept up, but unless a big update comes let's try to keep what's happening in this thread instead of across 10.

developments to this point:

The Verge is on it as usual, also--here's their latest coverage (h/t @dirtmayor@beehaw.org):

other media coverage:

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[–] tango_octogono@beehaw.org 49 points 1 year ago (22 children)

In my opinion, we're reaching a moment where people are realizing that having lots of users doesn't matter that much if you can't monetize them. We took a lot of services for granted that maybe don't make any financial sense, which probably only survived because both the company and investors hoped that as long you could attract users, you could monetize them later.

I think that "later" is now.

Today I noticed that youtube has a new feature that unlocks more bitrate, but only for premium users (there's two 1080p options, one normal and another with more bitrate). I'm expecting that these social medias and other tech companies will try to monetize us further

[–] uthredii@beehaw.org 6 points 1 year ago (1 children)

It's because of market conditions. Low interest -> Companies spend money and chase growth High interest -> Companies try to monetize users

[–] elight@kbin.social 5 points 1 year ago

No more low interest rates...

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