I think there are a lot of moving parts, there are tech investors who want their money, there are machine learning companies that are hungry for data, and there are certainly fecal matter stains who want more control of the discourse.

We’re no longer in the era of free money (when interest rates on loans were lower than inflation) so companies and investors can’t just take out more loans to pay for the growth of a company that will figure out how to make money eventually.

Additionally that “eventually” has come, a lot of people just retired at a much faster rate (we went from about a million people retiring a year to five million retiring a year in the US)

Everyone who is retired needs their investments to start paying out now, that means all the bankers, money managers and VC goons need ti start getting their money back form the tech companies they’ve been lavishing investment on the past two decades.

They poured money in to capturing the internet and now they’re locking everything down to make their money back, that means cracking down on ad blockers, herding users in to walled gardens where they can be price gouged, and halting the free scraping of data through free API

Machine learning systems are apparently the next hotness that’s going to gush profits, and the raw input for that is data off the internet to train programs, so the social media sites are locking down their data so that they can charge machine learning companies to train on it.

Combine all this and you get the anti-user crap storm we’re currently in. Ad blockers need to go, free and open API needs to go, the profit must flow and if it doesn’t a lot of people in the upper echelons will find their preverbal knee caps smashed in.

Maybe there’s a conspiracy? Maybe there isn’t. There isn’t much I can do outside of weening off my use of them, ultimately deleting my content there, and using and encouraging alternatives. Past that, I’ve come to find out it isn’t worth the trouble for me to give that kind of thing too much airtime in my head if I can help it. If I wake up one day to learn that there’s A Whole Thing going on, though, frankly it wouldn’t surprise me all that much.

If I had to give it an absolute Yes or No based on what I know and figure, however, I’d say there isn’t a conspiracy. I’d wager that it’s just the likes of ignorance and capitalist business practices.
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I’ve heard that the economic landscape in the past decade-ish allowed certain sorts of companies and people to do business in a way that likely wasn’t as sustainable as they thought. 2020 comes around, the economic landscape changes for intersecting Reasons, and I’d figure that the companies and people operating the least sustainably realize they have to change it up if they want to rake in the dough. Some of these businesses were social media platforms, and some of those platforms are lead partially or entirely by people like Musk or Huffman, who make some Less Than Thrilling decisions because they think it’s a sound bet to get a lot of cash. That’s not to say their decisions are sound bets, let alone good in sum, but I’m inclined to give the benefit of the doubt and say they weren’t decisions made in a vacuum.

As much as we may use platforms like Reddit or Twitter to connect with one another or find and do something besides consuming and entertainment, we have to remember that these places established themselves as capitalist businesses. They are for-profit companies that ultimately answer only to the likes of a board, their shareholders, or their leadership. I think it’s reasonable to say that the end game for a lot of these businesses is to make money. A lot of it. The consumer’s most important purpose in this approach is to serve as a means to that money. There might be exceptions here and there that are given various labels, both inside and outside of a capitalist lens, but Twitter and Reddit certainly don’t read like exceptions. Ill-advised or not, if the right people at Twitter and Reddit genuinely think their recent decisions will make them more money, it doesn’t surprise me that they’ll do it. The trouble is that there’s typically more to life than a dollar—actions tend to have consequences outside of their intended ones, especially at this scale. Even if Twitter and Reddit didn’t mean for this to put a dent in the ability to organize (or even to just be like, a Shitty user experience,) it can, and will, have that effect.

Writing it out, it’s kinda funny. I still don’t think there’s a conspiracy per se, but the effects of these business practices create the sorta symptoms you’re talking about, anyway. How does the saying go? “The system is working as intended”? Whether that’s better or worse than a literal social and class conspiracy I’d say is up to the individual.
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As an aside, this is why I think projects like Lemmy and Mastodon are a big deal. Actually making the platform has got to be one of the hardest hurdles to get a social media network started. For all their faults, stuff like this is ready to slap onto a server and run, and it’s free and open source. That lowers the barrier of entry drastically to let people try and make this kind of thing work in a non-profit format.

It’s the standard narcissistic downward spiral more likely.

One of the sadly interchangeable bozos who inherited a lot of money and/or lucked his way into a fortune can keep the spastic ego weasels in their heads in control for a while. Or has a team of people to both manage their companies and public presence.

But as one starts to bridle under all of this undue control from outside forces, the madness comes to fore. They begin to lash out at the perceived slights, which ironically were always for them and their company’s protection, and it all snowballs from there. Worse, seeing another such oligarch do the mad jig seems to encourage the others that THEY shouldn’t be shackled either!

Musk was always a giant pile of shit. He was just well managed and in control of his inner demons enough to present a ‘pleasing’ facade. And being forced to buy twitter completely unmoored him from reality.

Zuckbot is an odd case… he’s an unmitigated monster, but seems to be enough in control that the downward slide hasn’t started. Yet.

Bezos was fine until Amazon became mega profitable and he got to live out his corrupt CEO dreams. Look at not only the legions of shattered humans left in the wake of Amazon, from drivers all the way to corporate, but what he did to William Shatner. While Shatner has been a weapons grade asshole for much of his life, seeing him humbled to the point of tears from finally going to ‘space’ only for Bezos to frat bro it up to make sure that HE was in the limelight was grotesque.

Spez has always wanted a seat at the big boy table. And has a long, long, long history of douchebaggery.

Trump isn’t even worth mentioning. I was an teen when he came to prominence in the 80s and even then it was absolutely fucking obvious that he was large mouth, larger ego all wrapped in an empty suit.

This isn’t all to say that there isn’t a conspiracy to destroy these services. Only that the more logical takeaway is that these awful men have always wanted to be the garbage fire they’ve become… and it was just a matter of time.

It’s not a conspiracy, it’s just capitalism, which is worse.