• ilinamorato@lemmy.world
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    1 day ago

    formerly* is the word you’re thinking of.

    This is great news. But I have absolutely no faith that Spez won’t revert such a change, given his well-publicized love for M*sk.

    • HobbitFoot @thelemmy.club
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      1 day ago

      I don’t see why Spez wouldn’t like it. His mods are banning linking to a different social media website and he can claim plausible deniability.

      • ilinamorato@lemmy.world
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        12 hours ago

        Because he thinks Elon is the smartest smart boy ever. The whole reason Lemmy got its big boost a couple years ago is that Elon banned third party apps and Spez thought that sounded like a good idea.

        • HobbitFoot @thelemmy.club
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          10 hours ago

          That’s different. Spez banned third party apps because he thought there was significant revenue loss from having users use third party apps. What money is he losing if his subs don’t link to X?

          • ilinamorato@lemmy.world
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            9 hours ago

            He specifically cited Elon and Twitter as reasoning when shutting down the API. So now, if Elon calls up Spez and says he wants the links unbanned, I betcha Spez dances to Elon’s tune.

            I recognize that it’s not a financial loss for him now. But it’s also not really enough of a gain for him to care; all the social media CEOs are co-cronies together, so he’ll probably do it.

            • HobbitFoot @thelemmy.club
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              8 hours ago

              He cited how another company works as defense for his decision in his company.

              And social media companies don’t meet together in secret meetings to strategize how they’ll collude with each other. A lot of times, they are making independent strategic decisions that happen to align.

              • theneverfox@pawb.social
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                18 minutes ago

                I used to think this. I mean if you have 3 main competitors and one of them does something controversial, like raising prices or adding subscriptions, it’s a great cover so the anger isn’t all on you. It doesn’t take a genius to keep eyes on your industry, especially when it’s usually an oligopoly

                Plus, these guys have each other’s numbers, they meet up at events… It’s not crazy for them to exchange ideas, especially because billionaires exist to one up each other, money has no other meaning at that point

                But a lot of these things hurt the companies, and they come out fast - faster than most companies can move

                Then I stumbled upon McKinsey. Consulting companies that advise entire industries, governments, and most importantly investors. Theoretically they “firewall” conflicts of interest to avoid collusion, except they seem to act in coordination an awful lot

                And the investors matter because they advise them where to invest, meaning ignoring their ass backwards advice has consequences

                Some of their top hits - Enron, the 2008 financial crisis, the opioid crisis, using mass layoffs as a way to bump up stock price, green washing fraud, return to office, and a lot more. That section on their Wikipedia is a long read

                What we know, we mostly know because it was exposed in open court because they got caught… No one knows their client list or the full scale of what they’ve done (though they’ve been implicated and fined for quite a lot of fraud, among other crimes)

                It’s a seemingly endless rabbit hole

    • palordrolap@fedia.io
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      1 day ago

      Frankly, I’m surprised that there are mods who dare to show any sort of defiance at all. I thought all the defiant ones left or decided they were OK with ring-kissing deference to Spez.

      Have some of them grown backbones in the meantime?