There used to be at least an expectation that giant companies allowed for some amount of loss in the name of giving back to the public which made them big in the first place. Is corporate philanthropy dead?
Social media can’t effectively be monetized without sapping it of most of what makes it usable and interesting.
This has been the problem since the earliest days and its why it was always indie operators or ISPs running these as part of a protocol not some giant cloud database with one person holding the key. Whats happened the last 20 years is VC funded madness to replace the commons.
There used to be at least an expectation that giant companies allowed for some amount of loss in the name of giving back to the public which made them big in the first place. Is corporate philanthropy dead?
I think for philanthropy to even be a possibility your company needs to be profitable first. Reddit has never been profitable.
But I get your sentiment.
Social media can’t effectively be monetized without sapping it of most of what makes it usable and interesting.
This has been the problem since the earliest days and its why it was always indie operators or ISPs running these as part of a protocol not some giant cloud database with one person holding the key. Whats happened the last 20 years is VC funded madness to replace the commons.