SirEDCaLot

joined 2 years ago
[–] SirEDCaLot@lemmy.fmhy.ml 2 points 2 years ago

I don’t think he’ll sell willingly. I just could see a scenario where his creditors who paid for a large part of it demand to see some return on investment and force him too.

I think for that to happen, 1. value of TSLA would have to drop a lot making creditors question his ability to repay, and 2. value of TWTR would have to remain relatively high. Right now TSLA is rising and TWTR valuation is falling so if I was a creditor I'd much rather hold Elon debt than a piece of TWTR.

Agreed. The fact that especially Reddit, but a lesser extent Twitter have been unable to monetize genuine human posts and all the data that gives (Reddit is basically the only way to make Google useful nowadays and Twitter is basically the only place to go for breaking news) seems negligent to me.

Reddit / Twitter / Facebook / etc haven't found any creative way to monetize the numerous genuine interactions on their platform other than data mining them for ad targeting. So they double down and triple down again on that- Facebook went creepy and might as well be a credit bureau, Reddit tried to stay non-evil for a while, Twitter just kind of did their own thing and burned cash and never really made money but investors stayed in because a company that big has to eventually make money somehow.
Now they all say HOLY SHIT WE ACTUALLY HAVE SOMETHING OF REAL VALUE TO SELL!!!!! and see AI training as their winning lottery ticket.

What strikes me though is how un-creative it all is. Here's a bunch of the most important databases in human history and the best they can think up is ads and AI training?
And they all do the same thing- grow into huge companies with tons of distraction side projects and middle managers that burn cash, then wonder why they aren't profitable.
Elon saw that with Twitter- to run Twitter you need server people and developers and ad salespeople and the rest of them probably did little of use. Same thing is probably true with Reddit though. Reddit has like 2000 employees. What the hell do they all do? It sure as hell isn't productive development. I'd bet money they have a ton of useless middle management.

Any one of these companies (IMHO) would do much better trying to be a utility more or less. Make it easy and cheap/free for everyone, but keep operating costs down. Make a little money off a lot of people. And do what Reddit would do if they had two brain cells to rub together- pay us a fee and you are the customer and can use the thing however you want; or don't and you see a ton of ads.

[–] SirEDCaLot@lemmy.fmhy.ml 0 points 2 years ago (2 children)

I don't see Elon selling Twitter. He's too far in. He paid $44bn for it, by most estimates it's probably worth half that today (both due to lower traffic and Elon seriously overpaying from the start). So if he sells, best case scenario he takes a 50% haircut. Crazy or not he has a plan for the thing, so he's gonna do his plan and if it works he'll make a bundle and if not then it'll shrink a lot. But I see him hanging on to it with a skeleton crew before he sells it.

This scraping isn’t new and hasn’t increased to the level where it is costing them anything. It’s just it now has hype and a price tag around it so they want their cut.

Well yeah, that's what I meant. The costs of having someone scrape the database are essentially zero for Twitter/Reddit. The lost opportunity cost however is astronomical. Reddit and Twitter both are sitting on an incredibly valuable database of genuine interactions. And I understand not wanting to give that away for free.
Problem is, it's too late. Reddit and Twitter have both been scraped already. So locking barn door after horse has left just pisses off the users.

[–] SirEDCaLot@lemmy.fmhy.ml 1 points 2 years ago

Missed a line break but the text was there. Check now?

[–] SirEDCaLot@lemmy.fmhy.ml 62 points 2 years ago* (last edited 2 years ago) (5 children)

From the bottom up...

Whatever you say asshole.
A moron like you has no idea on how arguments should work.
Your self righteous infographic is just arrogant.
I know how to argue far better than you do.
I get in many arguments and I almost always win them.
You talk about disagreement, but your pyramid only works when both people are arguing in good faith.
You say that attacking the central point of an argument is the most effective, but often the stated central point is not the central point at all, especially with emotion based positions. For example, a more conservative person arguing against liberal changes will state specific objections to these changes, but arguing those objections is futile if the real underlying objection is simple fear of change.


Jokes aside-this pyramid is right on the money.

[–] SirEDCaLot@lemmy.fmhy.ml 3 points 2 years ago (3 children)

And this is why for something simple like this, I say self hosting is the only option. I'm sure their software is great. But it's the sort of thing where a subscription fee is not necessary. If it's the sort of thing that conceptually can be run on a raspberry pi and use less than 1% of that little CPU, it's not something I want to pay every month for.

[–] SirEDCaLot@lemmy.fmhy.ml 20 points 2 years ago (1 children)

I think new laws in Europe have something to do with it. EU is trying to force the big platforms to interoperate. Facebook/Meta is of course one of the most targeted. So I think their thought is by signing on to the existing fediverse, they can say hey we are playing nice no need to regulate us further

[–] SirEDCaLot@lemmy.fmhy.ml 13 points 2 years ago (1 children)

I think you might have a setting wrong. When I join a community on another server I see all of the posts including past ones.

[–] SirEDCaLot@lemmy.fmhy.ml 7 points 2 years ago

Lemmy is different than Reddit, and that's a good thing. I don't need to replicate Reddit. My problem is just the muscle memory habit of opening a tab and typing in o l d . And hitting enter when it autocompletes

[–] SirEDCaLot@lemmy.fmhy.ml 5 points 2 years ago* (last edited 2 years ago)

It's a user name. Users are @name@instance.tld Communities are !community@instance.tld

So I'm @SirEDCaLot@fmhy.ml
Posting a reply on !no stupid questions@lemmy.world
To you @tofurious_is_god@lemmy.world

[–] SirEDCaLot@lemmy.fmhy.ml 3 points 2 years ago* (last edited 2 years ago)

I love this whole cyberdeck thing.

I remember back in the early 2000s, there was a lot more innovation when it came to portable devices. There were gadgets that sort of resemble modern smartphones just clunkier (iPaq), ones with keyboards below the screen (BlackBerry), ones with slide out keyboards (HTC and others), ones that flipped open like laptops but could fit in your pocket (HP Jornada), etc.

Somewhere along the line all that innovation went out the window and now every single phone or gadget looks more or less exactly the same. Like take the top 10 or 15 smartphones, debrand them, and put them in a box, and 99% of people couldn't tell the hardware apart.

You would think there would be a market for some level of variation, or just have one company that makes the phone 5 mm thicker but the battery lasts for 3 days. But we don't even see that.

Foldable screens seem to be spurring a little bit of innovation so I have hopes. But until then, I would love to see some of these cyberdeck designs put into production. I would happily pay a couple hundred bucks for a raspberry pi equivalent of a Jornada 720 (as long as the keyboard is touch typeable like the old one).

[–] SirEDCaLot@lemmy.fmhy.ml 37 points 2 years ago (10 children)

Hell yes. Desktop web interface is solid. Jerboa on Android is solid. Now I'm just working on breaking the habit of typing old.reddit.com while waiting for things during the day...

[–] SirEDCaLot@lemmy.fmhy.ml 6 points 2 years ago (1 children)

I think it’s more they’re trying to make a Twitter-killer then kill Mastodon from the inside.

This is the answer. They aren't stupid, they know that if they just spin up a Twitter clone, nobody will use it. They need a reason to exist. Honestly I don't think they give a single shit about Mastodon or killing it. But what ActivityPub does, is get them an instant content base. And if they are building their own AI, it's a whole lot of live conversation for them to train it on.

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