YouTube disallowing adblockers, Reddit charging for API usage, Twitter blocking non-registered users. These events happen almost at the same time. Is this one of the effects of the tech bubble burst?

  • pulaskiwasright@lemmy.ml
    5·
    2 years ago

    This seems like a non sequitur: what is good about only profitable ventures getting funding? These unprofitable ventures were creating good jobs and providing enjoyable and sometimes useful products to consumers for low prices. So why is it good that funding is drying up?

    • andyster@lemmy.world
      3·
      2 years ago

      It doesn’t seem completely crazy to me that it would be better for money to go to successful projects than just be sprayed like a fire hose in hope that you land a Facebook or Google sized moonshot.

      Of course it sucks for the people that lose their job, but presumably that money should go towards sustainably growing things where they could work.