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Seriously, it feels like established social medias are trying to kill themselves lol
They were already killing themselves by running at a loss. Now they’re enshittifying to try and make any profit.
But switching costs were lower than they had hoped, so there’s no profit to be made. Their business model was flawed.
The Boomers were right about (federated) email all along and now the rest of the internet is figuring it out.