Those 4kb only held a fraction of the computation needed to fly to the moon though. All the complicated heavy stuff was done by humans and bigger computers down on earth.

You mean to say the first person to ever bump dat boi

Also digg peaked at maybe 8 million users which is a much more manageable migration.

I love that because it’s such a cautionary tale about bad leadership. He was toxic towards Twitter for years then bought them and doubled down on shitting on them and calling them incompetent… Of course they hate his guts and maliciously comply now.

Also they don’t take no shit, compared to us who constantly apologize for existing

No cause we don’t advocate for them to be punished in any way. We just don’t want to fuck them.

It’s the time between masters that is interesting and unpredictable and just fun

Watching a few episodes I also realized that he doesn’t do shit. The builder and the garbage truck do all the work but don’t get a fraction of the hype. I’d say it’s a pretty accurate show.

I think the immune system is federation itself. Everything is in the open, users have the control, how do you develop a competitive advantage in that context? I think it’s the end of “winner takes all”.

The whole point of open protocols is that anyone can use it. Just block any instance you don’t like and you’re good!

Yes! Very much this. Imagine if lemmy would grow to just a few million users. That’s the size of Digg when the migration to Reddit happened! Not everything needs to have a billion users and there’s more engagement in small communities anyway.

Out of the hundreds of millions of redditors i’m sure some people will pick up the slack of content creation and moderation. Now will they do a good enough job ? I don’t know, i bet spez is betting they will, but only time will tell.

Yeah you’re right that it wouldn’t be immediately noticeable but just because a few thousands of us jumped to Lemmy doesn’t mean there is any significant change on reddit. I checked on my most active communities and all the usual suspects are there, posting and commenting as usual. The amount of people that left reddit are probably a fraction of a percent.

This is not public information, you won’t know anything about that until the next quarterly reports. That being said if you go to the front page right now it seems pretty much like business as usual.

Of course i don’t. I dispute the fact that interest rates are a significant factor in the VC market.

Google in panic mode cause they don’t know if they’ll be able to close their 10M$ round from local VCs 😱

I don’t know it must depend on the market, in Europe you’ll generally get your money back in 7 to 10 years. And the very point of investing in a VC and not a singular company is that you flatten the risk and get your money back from the few companies who succeed. VCs are designed to bleed money looking for a moonshot but there’s not that many that fail ALL their investments and can’t show a 5% yearly for it.

Of course everything is connected but it’s not always 1 to 1, nor are the effects always immediate. Some economies absorb different impacts in different ways.

Couldn’t it be argued that it’s a mistake from reddit to think of themselves as being comparable to platforms that make more money per user?

You’re right it could very much be argued. I mean isn’t that the whole underlying question ? I would imagine that anybody who invests in reddit has the assumption that yes, you can monetize comparably to other platforms. Or even cut the pear in half and sit comfortably at 10$/user which would already be a fucking money printer at >400M MAU.

Now whether they are right or wrong in their thesis is anybody’s guess. Even after the recent debacle reddit is still in a very good position, but social media is such a clown world that you can never really tell.

If you’re sitting on a pile of money you can invest it in internet companies with crazy valuations and no profit or near zero-risk Treasury Bills and interest-bearing certificates.

Weird thing to say when VC investing outperforms the market by 2.5x (even with the current rates) on average but 🤷