this post was submitted on 02 Jul 2023
2278 points (97.1% liked)
Fediverse
28213 readers
395 users here now
A community to talk about the Fediverse and all it's related services using ActivityPub (Mastodon, Lemmy, KBin, etc).
If you wanted to get help with moderating your own community then head over to [email protected]!
Rules
- Posts must be on topic.
- Be respectful of others.
- Cite the sources used for graphs and other statistics.
- Follow the general Lemmy.world rules.
Learn more at these websites: Join The Fediverse Wiki, Fediverse.info, Wikipedia Page, The Federation Info (Stats), FediDB (Stats), Sub Rehab (Reddit Migration), Search Lemmy
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I think this is going to be a trend. Centralized social media just isn't financially viable and it's worse for the users in so many ways. We already have alternatives for youtube, reddit, and twitter popping up. I think youtube might be the hardest to replace though because so many people view youtube as a job rather than a place to share content just for the sake of it. Hopefully with all this we can return to the good old days of the internet where a few corporations didn't control the majority of traffic.
Centralized social media is as viable as any other digital media, but like many other services there's not a lot of room for growth once you reach the plateau. This is fine for a private company, but doesn't translate well to public or investment platforms who's returns are based on profit growth over consistency.