First all the bs with Twitter and Elon, then Reddit having an exodus to Lemmy (not complaining lol), then Twitch. Are we like, in an alternate self healing dimension or something?

  • Pigeon@beehaw.org
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    This Lemmy migration does feel like waaaaay more positive of a result than I ever expected from reddit getting worse.

    I’ve always appreciated the idea of the fediverse, but mastodon and the twitter-style of social media has never appealed to me, and Lemmy used to be so tiny and niche, so I didn’t invest much time in it until now. But this sure is nice, comparatively. I’m probably on here too much though!

    • OverfedRaccoon@lemmy.one
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      Same. Never cared about Twitter, but I like new internet stuff, so I got on Mastodon. Never used it and forgot about it for years. Came back to it with all the Elon stuff and realized the instance was dead, so I created a new account on another instance to never use. The point is, like you said, Lemmy is something I will actually use if the community continues to grow and sticks around.

      • raiun@beehaw.org
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        Mastodon has a place, just isn’t for some people. I found the same problem you had with it. Just like how conversations work better in a Reddit-like style of communicating.

    • JurassicPork@lemmy.one
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      Agree with you on this! The migration was super smooth, and even tho, its still quiet small comparative to reddit… It seems to be growing quickly, and seems pretty polished for something in such infancy

    • sup@lemmy.ca
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      I think we do have a sufficient number of users now to keep going irrespective of how reddit fares. Communities are beginning to form and even if there is no futher mass exodus from reddit, I think Lemmy will be fine and will see organic growth over time.

      I’ve already noticed I’m spending more time of Lemmy than reddit since the past few days.

      • 404name@beehaw.org
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        It’s easier to spend time on Lemmy for me because the comments are actually worth reading. Seems like the type of person who’s drawn here are actually interested in holding a conversation vs. reddit where it’s about saying something witty or whatever to get them upvotes

  • lvxferre@kbin.social
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    They saw Lemmy becoming successful, corporate mistook Lemmy with Lemmings, and decided to go out Lemmings style.

    …jokes aside, Cory Doctorow has a great text about that, called “Tiktok’s enshittification”. It’s a four-steps process:

    1. The platform is good for its users.
    2. The platform abuses the users, to be good for its business customers.
    3. The platform abuses the business customers, to claw back all value for itself.
    4. The platform dies.

    In my opinion it’s also the result of management being disconnected from the platform that it manages, and not knowing fully the implications of their own decisions.

    • sup@lemmy.ca
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      Really great article. I’ve been hearing about it for a while, but finally managed to read through it fully. Very well thought out and a brilliant write-up IMO.

  • rnd@beehaw.org
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    Some people have come up with the word “enshittification” to describe the basic cycle of modern web services.

    The cycle consists of three parts:

    1. You make the service that attracts new users by providing what they want. Often you do that at a loss, because your goal is to gain a big enough userbase for steps 2 and 3.
    2. Once there’s enough users, you shift to attracting commercial interests instead – vendors if you’re running a store, advertisers or celebrities or other “big clients” if you’re a social network, etc.
    3. Once both users and commercial interests are hooked, you can start tightening all the rules and switching completely to profiting yourself and your shareholders.
  • empireOfLove@lemmy.one
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    All these websites have almost always been net cash flow negative. They bleed venture capital to provide a service below cost in order to build a user base.

    The problem now is interest rates have spiked. Rates have been basically zilch for much of the internet’s history over the past 20+ years, so sites could actually operate for quite some time on super cheap debt that they almost never had to repay. And venture capital firms would just keep pouring money into the “next best thing”.

    Now that debt is rapidly becoming much more expensive to maintain, and those VC investors want their chunk of the pie back in their pockets. And they are going to extract it from every single one of these centralized services by whatever force is necessary. It’s only just getting started, you watch.

    • spoonful@beehaw.org
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      Note that they are cashflow negative because of expensive advertising features.

      Twitter is pretty cheap to run for base functionality and if you open up dev console and see all of the resources Twitter is requesting its like 90% ad stuff and suggestions.

      • argv_minus_one@beehaw.org
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        That’s just bandwidth, though. What about database load? A big part of Lemmy’s growing pains come from slow database queries. It doesn’t take much bandwidth to send you the content, but the server has to do a lot of work to figure out which content to send you.

        • spoonful@beehaw.org
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          Every request is tied to some functionality. Databases and storage is laughably cheap these days.

          The complex queries and all the overhead features is where the real expense is. Crafting a personal, ad-optimized timelines is what’s costing Twitter the most money. The public/subscribed feeds of mastodon are incredibly efficient even on something super slow like ruby on rails.

      • empireOfLove@lemmy.one
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        But advertising is also where 90% of their revenue comes from- so really, given the service is “free”, what is the product?

    • Phantom_Engineer@lemmy.ml
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      You can’t lose money forever, not as a business. What’s great about the Fediverse is that it makes social media something that can be done as a hobbyist project. Money is nice, but the hobbyist isn’t necessarily out to make money.

        • donio@beehaw.org
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          In Timeline-α the Visitors didn’t turn away in disgust and Contact was approved. The Uplift process is well underway, environmental conditions have been stabilized and restoration is progressing well. Space travel is still restricted to the Solar System but Humanity is on track to full Membership. Ambassador Harambe has resumed his duties on the Council.

  • kamin@lemmy.kghorvath.com
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    We’ve reached the end of the VC-funded golden age where they are all now demanding a return on their investment, hence why the screws are now all getting tightened.

    • omarciddo@beehaw.org
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      I’m honestly surprised it even got this far. It was just common sense to me, even a decade ago, that companies that burned through VC cash and tried building up user bases with little regard for actual profitability couldn’t possibly keep it up forever.

      • mobiuscoffee@sh.itjust.works
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        It also coincides nicely with web3 becoming a less nebulous thing and investors starting to shift their focus from user created content to practical applications of ai.

  • Valliac@beehaw.org
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    The line has to go up.

    The issue is that big companies have shareholders, and those shareholders don’t demand that the company stay solvent, but that they achieve year-over-year growth. Even minimal growth like 2-3% over LY is considered a failure to most shareholder groups, depending on the size of the company. So eventually they have to squeeze every last drop out of the userbase/product to keep the line going up, so shareholders don’t sell and bail.

    Now, with Twitter there’s a whole litany of poitical tin-foil hat theories I can shout out, but this isn’t the place for it.

    Reddit, Facebook, and Twitch: it’s money.

    Reddit is getting as much money as it can shored up with Venture Capital before it brings out it’s Initial Public Offering (basically going public for people to buy stock in). High IPO, more perceived value, more space for advertisers, people are going to buy in. EDIT: I believe this is why they’re making their API pricing so high (hence the whole current Reddit situation right now) so that they can get more ads viewed.

    Facebook: I don’t even know why people use FB, but im going to guess it’s just ads.

    Twitch: Again, Ad revenue. Slam as many first-party ads as you can so you get the money from advertisers. Keep the space clean and homogenized so Pepsi doesn’t feel bad about putting ads in a video before a hot-tub streamer. (not that they’re a bad thing, just using an example)

    Everything comes down to the line. And it has to keep going up.

  • effingnerd@beehaw.org
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    I have a sinking feeling that these moves are not about money, but more about power and manipulation. If you squeeze these user bases such that the savviest users are forced out, those more likely to ask “Why?” about damn near anything, you will own access to a group of people that can be influenced to think/do/buy whatever the top management and/or majority shareholders want. If you lose a few million users, what does it matter if they were dissidents to your goals?

    • Maaji@lemmy.world
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      Not money per se, but the oil of the 21st century: data.

      I guarantee it’s primarily about improving their ability to harvest and sell user data.

      • imbrucy@lemmy.ml
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        Exactly. The native apps can gather so much more info than a website and they have to kill third party apps to force people to use the official client.

    • kool_newt@beehaw.org
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      This is where my mind goes. Kinda convenient that Twitter and Reddit, both likely particularly dangerous to those seeking power happen to be destroyed seemingly intentionally in the same year ahead of a sure to be insane U.S. election season.

      • burgersc12@sh.itjust.works
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        Hmm, kinda interesting. A lot of Trump shit was spread on Reddit during the 2016 election, makes sense they would try to get rid of anyone who would oppose that content

    • half_built_pyramids@lemmy.world
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      100% power There’s parallels to the writer strikes Netflix ceo got like 2x the money that all the writers are asking for in bonus so it’s not about money It’s something else

  • Fearofthefamiliar@beehaw.org
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    I don’t think all that many redditors are moving to Lemmy. Judging by the stats on join-lemmy, there are only several thousand monthly Lemmy users, which is nothing compared to reddit which had tens of millions daily users

  • Mars@beehaw.org
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    Their death is waaaay overdue. We literally jumped one cycle because the 2008 financial crisis and 0% interest rate.

    Now there is no free money, and they need to extract value to seem a good investment, so they canibalize themselves and turn into shit.

    Most of Elon stuff is doomed once reality catches on. Same with Uber. Same with streaming platforms. Same with Meta.

    Also there is a new/old boy in the bubble and burst town, Microsoft and their AI push. It’s going to destroy them pushing them into overspending to keep up.

  • WhoRoger@lemmy.world
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    Everybody just wants money now. Some of that is reasonable, these companies tend to work if not with a loss, then with quite unpredictable margins.

    Now that tech investors have found a new bubble - AI - they are no longer willing to sponsor old-fashion internet stuff and wait if it ever turns a profit.

    Especially since many got used to becoming all that richer during the pandemic, and are looking to keep those numbers rising.

    But there’s also some sudden hatred of porn, and I don’t know where that is coming from. Tumblr, Imgur have limited it completely, OF wanted to, Reddit probably will, coedcherry shut down. The owner of coedcherry said it was really a sudden 180° turn of the banks to no longer wanting to do anything with porn, and nobody knows why.

    It’s especially bizzare considering how these platforms keep assuring us that we’ll still be able to post and see blown off heads and all kinds of other nasty stuff, it’s just the titties that are being banned! Eh?

    • Countmacula@lemmy.ml
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      The porn thing comes from sex trafficking. No one wants to be caught accidentally financing it (as no one would ever want to because it’s Fucking horrible).

    • jherazob@beehaw.org
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      I believe the porn thing is one specific religiously motivated American group pressuring banks and paying processors

      • WhoRoger@lemmy.world
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        It does feel like it.

        It’s also a good excuse to introduce ever more surveillance. “To protect the children.”

      • WhoRoger@lemmy.world
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        Interesting. There is some merit to it, now that I think about it, there has been some discourse regarding raunchy content in fiction.

        But I also find it hard to believe that there can be any strong relation between that and the larger push against anything AC in laws, regulations and from places like banks.

        Unless it’s something ironic - such as the people with enough influence being those who enjoy the content and being insulted by the pushback, so they decide to just destroy the fun for everybody. Considering how often we learn about the most adamant anti-XY regulators engaging in said XY, that actually make some sense. Just a throught though.

        Regardless, it’s weird. And it’s also extremely counter productive. Vilifying stuff like that only cases people who enjoy such content to dig themselves deeper underground. Which is a common line when it comes to all kinds of bans and cancelations.

  • Space Sloth@feddit.dk
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    The twitter thing is sad, but honestly not a huge deal. I rarely used it anyhow.

    The reddit thing is depressing, since I’ve been a huge supporter and user of Apollo for many years. It feels like getting stepped on and I feel for the developer Christian Selig who devoted so much time and energy to the app.

    I hope nothing happens to Twitch in the way that Twitter and Reddit have though, the small time streamers I follow and support won’t survive a thing like that.

    • malcolm_miller@lemmy.world
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      Reddit has so many small communities that the people in charge have absolutely no care for. I hope one of these services takes hold as a clear Reddit replacement so that they can be built back up.

      • ryanlovescooljeans@beehaw.org
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        I think this is the most tragic thing about leaving Reddit… The tech subs, the politics subs - those are easy communities to make replacements for on any platform. But the in-depth analyses and discussions of Star Wars lore or joke communities around Garfield will be tougher to replicate I think.

      • comfy@lemmy.ml
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        Yeah, I heard someone pitching the old let “AI” handle it line. Machine learning can’t moderate those communities to even a mediocre standard. It’s just too variable, subjective and nuanced. Even actual members of communities can be crappy at moderating them!

        • BobQuasit@beehaw.org
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          Even actual members of communities can be crappy at moderating them!

          Ummm…have you been on Reddit? 😆

      • Galaghan@lemm.ee
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        As a mod of a small community on reddit, I’m weary of building up from scratch again. The sub is about polls, which isn’t a feature on Lemmy. So I guess I’ll just give up on my moderating hobby for now.

      • foopo666@sopuli.xyz
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        I get the impression that owners of large servers aren’t too interested in the growth from Reddit. I think some post even said that using “Reddit refugee” as a reason for application for an account is gonna get you rejected.

    • dogmuffins@lemmy.ml
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      I think it’s an important lesson in impermanence.

      The net will always have good bits and bad bits, but they won’t always stay the same.

    • hddsx@lemmy.world
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      Same, but ReddPlanet. I paid for Redd, but not Apollo because you can’t convince me to pay for something if I don’t have a chance to see if the features are worth it.

      ReddPlanet, slide, Relay were all amazing.

      I recently saw my wife use the official Reddit app. I… can’t take that kind of user experience.

      What about switching back to YouTube from twitch? Some streamers I follow stream on both.

  • Kevin Herrera@beehaw.org
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    From everything I have observed, businesses are hunkering down for a recession in the next fiscal year. It explains the lay offs, the penny pinching, and puzzling decisions that look like business suicide.

    For services that are free for users, advertising revenue and investment fund raisers are the only thing keeping them afloat. With banks like SVB getting seized by the FDIC, it’s starting to scare investors. Advertisers are seeing the writing on the wall that people will stop spending as much as they used to. We are also probably seeing jacked up pricing across the board because businesses are taking what they can before it’s gone.

    So what’s left? Squeeze users for money. Additionally, shed users that actually cost them money and these tend to be power users. The question, which everyone seems to be assuming is a foregone conclusion, is if this shedding strategy will end up killing the service. In reality, we don’t know but the idealists would sure feel good if someone else ate their market share.

    I’m just glad that federation is picking up steam in the social media space.

    • Otakeb@lemmy.world
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      Also what hasn’t been touched on very much in this thread is the increase in interest rates from the Federal Reserve. The money hose has shut off and expansionary business policy won’t work for the foreseeable future even disregarding a recession. All these internet companies have developed and grown in an essentially 0% interest rate environment that rewarded growth beyond all else. With rates increasing, investment in risky companies that may or may not grow is becoming a less attractive option when you can just buy a 5% bond and so I bet a lot of these non-profitable, growth-focused web companies are seeing liquidity dry up and are having to reach profitability to avoid bankruptcy since servicing new debt in this current interest environment is basically impossible without solid cashflow and a clear corporate vision.

      This is leading to all these companies suddenly raising prices, cutting staff, choking competition, and cheaping out to try and break even instead of grow. It’s a paradigm shift.

      • Rickety Thudds@lemmy.ca
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        Crazy to hear people talking about this stuff out in the wild. Feels like I’m on superstonk, only place I tend to hear anyone connecting these dots.

        • Otakeb@lemmy.world
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          Speaking of superstonk, is there a good superstonk or wsb personalfinance lemmy community? I am subbed to the beehaw finance community, but it’s really not a tube yet and seems to be a bit more economics leaning than pure personal finance or investing.

          The subs I spend a lot of time on were FIRE, financialindependence, wsb, and personal finance and I miss them lol.

          • Rickety Thudds@lemmy.ca
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            The Canadian GameStop folks have a community on lemmy.ca, but we are still very few.

            I would like to join a federated wsb community too, if there’s anyone with any integrity willing to run it impartially. Anyone running such a place has a conflict of interest imo, the tendency is moral hazard. At least with single stock communities you know their motive.

    • MyNameIsFred@beehaw.org
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      I agree with most of what you said. I would say classifying SVB as a seizure is probably not accurate. The FDIC only came in when it was clear SVB was going to fold and in fact insured far more than the 250k per account guaranteed. Mainly to try and stem a run on midsize banks because

      1. Many companies had large holdings, undiversified in these banks

      2. The banks were borderline negligent with how they handled those deposits, sticking them all in “safe” government bonds that ruins liquidity.

      Once the interest rate on the bonds was lower than the base borrowing rate, no one would buy the bonds instead of just buying new bonds with a much higher guaranteed return.

      So, given that, I would say the FDIC instead bailed out the banks. Something they would never do for you or I, or even a business with similar valuation as any of the banks customers.

  • teawrecks@sopuli.xyz
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    The twitter/elon thing is hilarious. I honestly do think he accidentally got himself into quite the pickle and now his pride is keeping him there. As for reddit and twitch, I don’t assume these are the surface-level-dumb moves that we think they are. My guess is that this is a calculated means of rolling out the changes they actually want by:

    1. overshooting
    2. letting everyone get mad
    3. backing off to their actual changes (or something close)
    4. letting everyone think they’ve won
    5. and finally push forward a bit more once everyone is preoccupied with the next thing

    Internet users love to cancel shit, but at the same time, are always looking for the next thing to cancel. So as much as people hate twitter or facebook or tiktok or youtube or windows or nintendo or chick-fil-a or whatever, they’re all just looking for an excuse to forget all about it, and continue using their product as quickly as possible. And corporations know that, so they’ve worked “giving them that excuse” into their plans.

    • nd_nb@beehaw.org
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      For a minority of users on reddit, there’s a line. For me, it’s forcing me to use new reddit. If that happens, I just have to quit, I can’t stand it. I don’t want to quit, I have a lot of subreddits I read.

      But I saw the stats for the old school users vs new reddit/app users, and we’re outnumbered. Reddit knows they might lose thousands of redditors but they don’t care because lots will just switch to their toxic app and if they lose 5% of the stubborn old folk then so be it.

      • funforgiven@beehaw.org
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        The stubborn old folk are the ones responsible for creating a significant portion of the content on Reddit. While they may appear to be in the minority, without their content, casual users will be less inclined to use Reddit.

        • nd_nb@beehaw.org
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          I’ve been wondering about that. You know if there’s a youtuber with 10 million subs, you’d think they’re a big, important star on the platform? And then you find out that youtube gets 80% of their ad revenue from kids watching Baby Shark on a tablet, and your 10 million sub youtuber actually isn’t that relevant at all.

          Well I was wondering if there’s a reddit equivalent to that. Like maybe reddit gets 60% of it’s revenue from Indian cricket fans and we don’t even know about it. I’m sure sports fans in general are a lucrative userbase. And then places like /r/funny… basically imagine who would be less likely to use an adblocker and old reddit and the app, without caring too much. That’s low-effort content that basically runs itself.

          At least, that might be what they are gambling on. I do agree with you that the old guard are very important for developing good content. I just don’t know if reddit cares about good content anymore.

          • Wahots@pawb.social
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            The rub here is content moderation. Remember when Amazon carried brand name everything, then it slowly became shitty offbrand ZERBONO and AQUIVOO socket wrenches and alarm clocks?

            That could be reddit’s future, times 10, if they don’t get a grip on their spam bot problems. In the last two months, my sub of 60k started getting tons of offtopic posts from bots. Users would flag them as quickly as they were posted, but even with third party tools, we were starting to have trouble removing them in a timely manner. Bots don’t sleep. Mods do. And without third party tools, blockers, all that…I shudder to imagine the cacophony of that many bots on subs like r/askscience.

          • I'm back on my BS 🤪@lemmy.world
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            This is actually good for sites like Lemmy that have a more diverse and thoughtful user base. Reddit functions as a filter that takes on all of that thoughtless content so we are spare the bloat. I couldn’t care less if Reddit succeeds or not as long as Lemmy doesn’t turn into what it has become.

        • teawrecks@sopuli.xyz
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          Give it time.

          That is to say, to the extent that we can, let’s be careful. We already see the same shit everyone criticizes Twitter for starting to show up on mastodon. It’s often not the platform that causes problems, it’s the people.

          I think there needs to be a set of “commandments” for civil discourse on the internet. One specific rule I’ve made for myself but never heard anyone else mention is: don’t dogpile on downvoted comments. I think everyone feels a pull to do it, they see a controversial post that they agree with, they see the top few comments are more of the same…so they scroll down to the lowest voted replies, expand them if they’re hidden, get enraged by someone’s stupid world view, and jump into a flame war.

          Some might lump that in with “don’t feed the trolls”, but I’ll counter with a second rule: it’s better to just not reply to someone than to accuse them of being a troll or a bot. There exist people who live with a wildly different set of information from you, and thus often have wildly different worldviews. And that’s ok. And if it turns out they actually are a troll or a bot, as long as you’re replying, they’re winning.

          • I'm back on my BS 🤪@lemmy.world
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            I agree. If someone makes an upsetting post, I ignore it. As far as my experience, engaging in it will only harm me. I see no value in responding. I even did a test. On RIF (it’s possible this is sitewide on all apps), if a post was in the karma negatives, I would have to click on it to see it. About 95% of the time, I agreed that I did not need to read that garbage, so I chose to ignore without expanding them. I appreciated all the pioneers that had to read that garbage at first and downvote it.

            Anyway, there’s no sense in spending my leisure time becoming angry at internet strangers. I rather move on and engage in things that make me happy.

            • jmp242@sopuli.xyz
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              1 year ago

              I do kind of think that if they’re downvoted so you don’t see them, I agree with you. But if no one ever challenges an idea, it easily appears as either consensus or maybe so obviously true no one can challenge it.

    • sup@lemmy.ca
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      1 year ago

      Very well thought out post and I agree with everything you’ve said. I still remember the outrage with Whatsapp and how everyone was moving to Signal. Once everything died down, people went back to their old habits and what was familiar to them.

      • God@sh.itjust.works
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        1 year ago

        An aunt asked me if she should delete her WhatsApp. I told her no. I knew most of the family would stay on WhatsApp even if they were virtue signaling now. Nowadays the WA group still has 40ish people and the telegram stayed at 20ish and my aunt is on both. I think that’s what most people do. They look around, stand up, breathe heavily, their heart rate goes up by 1.5% and they sit back down.

        • 🐝bownage [they/he]@beehaw.org
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          1 year ago

          Great analogy yeah. I relate to the WA/TG thing. I was a relatively early adopter of Telegram and have seen multiple waves of people saying “fuck WA this was the final straw!!” with whatever mildly annoying update dropped. Then after about 2 weeks barely anything changed because, let’s be honest, most people don’t want to move to another messaging platform (it only works if everyone does it).

          • I'm back on my BS 🤪@lemmy.world
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            1 year ago

            There’s a positive side to this phenomenon. For people like me that don’t like trends or people that engage in trends, having a trendy app helps filter those people out. I don’t have WhatsApp because of some philosophical value regarding the company. I don’t have it because I don’t want to interact with the people that use it. It’s great! The moment someone asks me for my WA, I say I don’t have one and note that I probably won’t be friends with that person. I also don’t want to be on long running 40+ members chat groups. That’s way too much meaningless information for me to process.