This whole thing is basically a nonstory when you realize how much money is in tech. Meta changed their name and sank billions on an idea that everyone thought was stupid from the beginning, and they’re still fine.

Putting a billion into the flavor-of-the-month that has like 10% chance to be the next big thing is a no-brainer when you’re printing multiple billions in profit doing nothing, and have a lot more cash on hand.

The real story, is how wealth inequality and monopolies have essentially allowed the rich to waste tons of money chasing more wealth while having almost no incentive to provide value to society. Who gives a fuck about hallucination and prompt injection? It’s all trivial details that VCs are giving away billions to eventually solve.

That’s Silicon Valley’s MO. Just half a year ago, people were putting crypto BS in their products.

Same, having competitors to Android and iOS would be great.

We can please not bring the “we did it Reddit!” culture to Lemmy?

Reddit is a privately held company. Their valuation is falling because someone at Fidelity arbitrarily said so. Right now, given the current economic trends, almost every consumer tech company is taking a beating (Discord, Substack, etc), so in the larger context Reedit’s drop in valuation is expected and smart money is expecting it to rise once the economy becomes hot and more investors have money to risk on consumer companies.

The biggest value of a social media is the influence it has on culture and society as a whole, which is why advertisers want to get in on the action (think of Facebook influencing elections). Engaging on the platform and even constantly talking about the platform is a great sign of it’s lasting influence.

So no, spending an hour putting pixels on r/place is not a great way to stick it to Reddit. Constantly talking about Reddit and basically giving it free ad-space and mind share on Lemmy also does not stick it to Reddit. The original poster is correct: best thing is a blank canvas.

And ignore all the click-bait articles about how Reddit is going to fall any day now. They all basically play on your wishful thinking for clicks, they aren’t based on reality.