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Make an alternative. Fund alternatives. Reddit is having its Digg moment. Facebook is the new Yahoo. Twitter is just shooting itself in the foot and chest but i
by muzani 3y ago
Make an alternative. Fund alternatives. Reddit is having its Digg moment. Facebook is the new Yahoo. Twitter is just shooting itself in the foot and chest but it's proving too resilient to die.
Part of the problem is these alternatives can be bloody expensive and could be bleeding millions of dollars a month for a decade before they can become profitable.
Americans are usually quite good at creating and funding these, but there's too many comfortable jobs in the US that it's unlikely someone will try. Plus the gold rush that is AI will black hole devs and investors.
China has been emerging in this space, especially with TikTok and gaming. Metaverse is a joke with Americans, because its just so heavily buzzworded. But immersive digital socializing is a thing, maybe more so in parts of Asia. Informercials are huge in Korea. So I think someone that the Western world didn't notice will fill the power vacuum quickly, especially once late stage investors are interested.
Some sources say up to 96% of reddit communities blacked out and they still refuse to budge. Reddit is quite screwed.