I mean there’s Reddit ofc, as well as Twitter in its entirety, Discord is implementing some dumb updates, there are issues with Tumblr as well as everything to do with Meta, and I’m sure there are plenty more (and I haven’t even touched other digital media, for example the Sims). Why is it all happening in the span of about a couple months?
There are lots of reasons. One of them I’ve seen is that monetizing a thing like a website or online community without bleeding it to death is hard and presents unique challenges. But the CEOs of the world are trying to do it with the same skillset they used to become regular CEOs. It is the issue behind a great deal of problems… our society winnows down business leaders to one type of person for efficiencies sake, but then that type of person is rarely capable of non-exploitative or long term thinking.