samick1

🤣 I didn't think you were trying to tell me something, I figured the Lemmy code goofed somewhere.

I'm undefined? 😟

Otherwise known as managing success. Once you have a successful cash flow you need to diversify it and build your business to have multiple cash flows.

Semantics I guess. Di-worse-ification isn't always the answer. They had a large product lineup, which was probably more expensive for them than it needed to be. They went under because they failed to fortify their balance sheet... rates went up and their debt crushed them.

Capitalism works fine just turning a profit while plenty of companies die chasing growth. It's just part of it.

Twitter isn't like reddit in that hashtags don't have moderators. They outsourced moderating to the users, and now Musk has decided to remove it entirely.

I don't get it.

I wouldn't be so sure. I believe great managers could take it over and rescue it today, but they don't have great managers, the place is run by idiots. It might survive in the manner Digg survived.

They just made it a lot harder to moderate by sparking an angry powder keg like they did, let alone killing all the mod tooling. That was better than what they've managed to produce in almost 20 years. They've also lost many of the moderators who weren't doing it for the money (at least not reddit's money). They can always hire new moderators, but that's yet another expense on the earnings statement.

If they can get all the spam and hate posts under control it's going to be a repost farm and OP will not surely deliver anymore.

From where I'm standing it appears they've been given an ultimatum by VC investors who are hellbent on selling whether they lose their asses at the bottom or not.

It's not how they managed success, it's that they ran out of it. Making a successful niche kitchen appliance is not a business, it's one of many things that a successful niche kitchen appliance business does.

Successful businesses also allocate capital optimally, build formidable brand and product moats, hire amazing managers and build fortified balance sheets. They forgot to do all that stuff. (See also: reddit)

Several companies have called for this, and they all have an ulterior agenda. OpenAI just wants street cred and to have their competitors regulated. The rest simply don't have a product and want everyone to slow down while they catch up.

Regardless, they all know on some level the government can't stop AI just like they can't stop piracy or cryptocurrency.

A dozen or two of the largest subs would be plenty.

Those subs required a huge effort to moderate before, but it's going to be 10x worse now that every submission is going to be AI generated pictures of spez doing things to goats or something.

Same. Angry VC money is a demon that's not worth exercising.

This is a good thermometer reading. I'm pretty sure many communities are prepared to extend this indefinitely if current plans aren't reverted. I do believe him when he says

We absolutely must ship what we said we would.

I don't know who the angry VCs are who get to pull his strings but if this gets their attention - it may or it may not - reddit might budge on things a bit.

At the end of the day the company is hopeless to make a profit with him at the helm. This memo sounds slightly nervous and lacks confidence. He has no clue what he's doing.

I'm 99% sure reddit does a lot of backflips to detect and prevent that. One casual bad actor can only burn up so many IP addresses or API keys in a short period, and I think there's some undisclosed/"secret" logic to it. It's like burglary - you can't stop it but you can cost the burglar sufficient time or money to deter them.

I haven't dug into Lemmy's code yet but I am curious what countermeasures against abuse are apart of federation. Signed, time-boxed tokens and IP addresses could be part of the protocol to mitigate abuse via federation.

Has that happened with Mastodon?

Orgs spending volunteer money have to be careful, they have to allocate money to their stated causes or they could get in trouble. A Lemmy instance would have to coincide with their agenda.

A philanthropist can do what they want, but they could still attract criticism for not donating to world hunger or some more optics-friendly cause. They'd also probably end up with a fairly popular instance which would require effort spent on maintenance and moderation.

I think people who actually want to run instances will end up running them. I'm considering starting one. Some of those will end up running really good, stable and desirable instances which can then attract donations for the cause.

Reddit won't allow the dev to create an app where users can enter their own keys. So it will still be FOSS but you'd have to build it yourself with your own keys, if you can somehow obtain them. Thus there's no point in putting the app on F-Droid.