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A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

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Seriously, what's up with big sites literally dying as we speak? (lemmy.ml)

submitted 2 years ago by notExactlyI20@lemmy.ml to c/technology@beehaw.org

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First all the bs with Twitter and Elon, then Reddit having an exodus to Lemmy (not complaining lol), then Twitch. Are we like, in an alternate self healing dimension or something?

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[–] RadDevon@lemmy.ml 5 points 2 years ago

Is it because interest rates are higher so investors are hanging onto their money? The money doesn't flow as freely in that direction, but it has to come from somewhere. That means, the "free lunch" users have been having while money was flowing from the investor side has to end, and the tech companies put the squeeze on the users instead to bring in money from that direction.

I don't know if that's it, but maybe?