this post was submitted on 14 Jul 2023
281 points (94.0% liked)
Technology
59118 readers
6622 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Yeah well it's called web 2.0 so naturally we need a dot.com bubble 2.0, only it's just the data bubble and failure to monetize it or rather you can't just monetize social media data. Turns out that data is still not much use to advertisers no matter how manipulative and optimized their method is. Data is still data and not money. The only institutions really actually getting use out of that would be governments (look at China). VC are pulling out and advertisers are pulling out.