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This will probably continue to happen. Google/FB etc. used content that was created by others to monetize them but kept the profits away from the content creato
by berkeleyjunk 4y ago
This will probably continue to happen. Google/FB etc. used content that was created by others to monetize them but kept the profits away from the content creators. This resulted in a lot of original content going away (See the death spiral of the local newspapers) and getting replaced by clickbait, algorithmic content, misinformation etc. I don't think there is room for the same amount of growth going forward and this is simply the market adjusting their P/E multiple to account for the lower growth rate (FB is being hit harder because of the Meta overspending debacle).