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This has been called "pulling a Myspace", back from when Myspace lost to Facebook. The sequence: - Competition appears, usage decreases, revenue declines somew
by Animats 2y ago
This has been called "pulling a Myspace", back from when Myspace lost to Facebook. The sequence:
- Competition appears, usage decreases, revenue declines somewhat.
- Ad density is increased to increase revenue.
- Usage decreases further as users are annoyed by excessive ads.
- Ad density is increased even further.
- Death spiral.
How could Zuckerberg not know this? He was on the other side of it last time around.
- paxys 2y agoWhy do you assume he didn't know this? He very knowingly pivoted from friends' content to where the real money was – politics, clickbait, outrage bait, doomscrolling, gambling, scams, illegal ads.