Well said. Boosted and upvoted… whatever those two things mean. Internet points to you, good sir!
I’ll edit to add that the main thing you point out that I think most fediverse folks want to avoid is the investment that leads to the IPO bag of cash. When the incentive is profit, I think social media can only ever get worse for the average end user. Keeping these things small and non-corporate is great in theory, but who pays for the servers and other costs when/if it needs to scale?
That’s kind of the problem, though. That insane cash grab is profit driven. Spez said it himself in the AMA: Reddit is profit driven. That goes beyond makiong money to survive. That’s investors seeing a return on their money. That’s generating value in preparation fo that big IPO. That doesn’t usually mix well with the way a site like Reddit generates value: free community created content. Right now, Reddit is banking on enough users not caring about the protest, or the fact that the site is arguably on a downward trajectory. Looking valuable is more important than being valuable at this point.
Thanks Jack Welch for that kind of mentality. I hope you’re burning in Hell.