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Cake day: July 31st, 2026
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Technology@lemmy.world•Reddit stock tumbles the most on record as lack of new AI deals, US daily users metric disappointsbykestrel7_7@lemmy.worldEnglish
5 daysThe current system has folks raising cap-ex by selling bits of control in their company, but this is a thread about how that system has failed to both expand capacity and increase the utility of reddit. So. IDK, they could raise money with bonds or grants or something. It doesn’t really matter too much because the current system simply doesn’t work in practice either.

Right? Imagine if all of the money spent “building out” the metaverse had been invested in improving infrastructure in real life…