Technology

louis rossman talks about this in two of his recent videos on twitter and reddit. obviously he tackles it using layman's terms, but there's still a lot of valuable insights and it's super palatable.

essentially it boils down to what @OsrsNeedsF2P@lemmy.ml says here:

"The valuation of a lot of these sites was grossly inflated by the market, so when the largest shareholders saw their billions halve and know what the future holds, they start doing things to temporarily boost their profit margins and sell off the company."

What's happening with Twitch? I haven't heard anything.

The post title implies it were prevalent. Which it is not. Three platforms is not a lot overall.

The reasons between Twitter and Reddit are very different.

Twitter was fine. It's on a single Person - Elon Musk - who bought Twitter. All changes after it were through them.

Reddit became a big platform. Now it's run not by a small team but by a big company with management and CEO. Supposedly targeting going public, and probably focusing no longer on usefulness and the service but on profitability and growth. An inherently, broadly, and very different mindset and goals.

What's going on with Twitch ?

Wait, what's happening with twitch?

Shareholders and public companies :(

they are realizing that if they want to maximize profits they don't actually need to maximize users.

Although there's a lot of protesting going on over at Reddit right now, I really don't think it can be compared to twitter. 6 months from now, I doubt things will be all that different at Reddit. A small number of users (relatively speaking when compared to their total number of users) will leave, and that's probably it.