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Why do so many tech companies, like Reddit and Twitter are making their platforms worse for their users all of a sudden? (self.asklemmy)

submitted 1 year ago by cilantrillo to c/[email protected]

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[–] [email protected] 5 points 1 year ago (1 children)

There's also a clampdown on venture capital happening now. Investors are getting tired of waiting indefinitely for returns on over-valued media companies. For any running in the red, things are going to get tight. That means layoffs that result in lower quality service and more burden on users for revenue. Social media has never been a profitable and sustainable corporate enterprise.

[–] j4k3 1 points 1 year ago

A lot of the value was thought to be in LLM's but with the meta weights leaked, and the open source ability to patch the weights without refactoring the base, or even becoming a detriment, controlling all the data holds less value.