• 0 Posts
  • 8 Comments
Joined 1 year ago
cake
Cake day: June 10th, 2023

help-circle
  • You’re right that historically there has been one dominant player at a time, and that it is typically in a period of stagnation or complacency when something new comes along to initiate the shift to the next player.

    Social networks are great examples of natural monopolies, largely due to the aforementioned network effect. Without a large, diverse user base they tend to become echo chambers.

    But you helpfully point out that there are other new players in the market, to the point that a successful reddit may not be necessary to spur competition for the next great thing.



  • I don’t necessarily want reddit to die, or even see its user base devolve into dregs. I view competition as a positive. Lemmy and the broader fediverse is competition for reddit and vice versa. Both existing and thriving may make each better over time.

    Perhaps one reason we got to this point is that reddit has control over the market on this format, or at least has the dominant network effect. Many seem view this as a zero-sum game, where for one player to advance another must fall away, but I find that perspective short-sighted.

    I respect (and share, to a certain extent) the opinions and frustrations of recent defectors, but urge everyone to take a long-term view.