I think the theory is that the people who contribute and/or donate are a subset of the people who frequently visit. The smaller the superset, the smaller the subset is likely to be. I could be wrong; I’m not part of the subset that reads the articles.

There is again, but there was, too.

The funny thing about people who say it’s not a bubble because AI has value is that the asset category having value doesn’t prevent valuation bubbles from forming.

Houses have value: you can live in them. Yet there was a housing bubble.

The internet has value: you can watch cat videos on it. Yet there was a dot com bubble.

Tulip bulbs have value: you can grow pretty flowers with them. Yet there was a tulip bulb bubble.

In my experience, whenever you start reading news stories asking if something is a bubble and quoting investment bankers say, “no, it’s not a bubble,” well, usually it’s a bubble.

I regret ever getting mixed up with Amazon in the first place. I canceled Prime, stopped ordering from Amazon’s website, found a Kindle alternative, pulled the plug on my IoT crap, and unplugged my Echoes. No regrets. YMMV.

Oh, yes, I 100% agree with this. I’m shocked and horrified every time I get curious enough to poke my head back in there and see how it’s going. Yeah, I only meant they are doing fine in terms of weathering the boycott efforts financially. The Reddit I knew and loved is long gone.

A lot of us are only here because we wanted to join a consumer action against Reddit. The first few months I was on Lemmy every post was about how Reddit users were fleeing in droves and we were going to show those big bad corporate clowns over at Reddit not to mess with us and Reddit would collapse within weeks.

Welp. Reddit is doing just fine, so yeah, color me cynical as well. I like it better here though.