It’s possible that the enforcement of a rate limit isn’t because of AI scraping, but rather because they failed to migrate before the June 30th deadline.

251 points

It’s so fucking funny how Twitter and Reddit are imploding on the exact same day lmao.

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165 points

Spez did say Musk’s Twitter was something to be admired and emulated lol

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52 points

They seem really aligned in their goals then!

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6 points

You mean he finally did something right? 🤣

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74 points

End-of-quarter. Companies often make decisions quarter by quarter and 6/30 was the last day of Q2.

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42 points

I always forget how important quarters are in the business world.

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20 points
Removed by mod
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17 points

Companies would rather cut their noses of in the end of a quarter, to claim a weight loss, than do something that would spell positive results for its lifetime…

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15 points

50 Cent’s success as a business man suddenly starts making a lot more sense, eh?

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7 points

I work in financial reporting. Hard thing for me to forget. Our stuff could suffer literal days long outages and like 99% of our clients wouldn’t care. But when a quarter rolls around? We need like 99.9999999% uptime through it.

I swear quarters are the only time C level people are doing any sort of work.

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39 points

Is reddit actually imploding or is it just business as usual?

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47 points

It’s too early to tell but I’m spending more time on Lemmy.

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2 points
Deleted by creator
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28 points

Depends on where you go.

Subs like r/worldnews and r/tech have bottom of the barrel comments, but still manage to get some posts.

r/IAmA had many of the mods leave, so the remaining ones are stopping all “out of Reddit” activities, like recruiting celebrities, verifying identities, and so on. It’s pretty much worthless now.

Small niche subs are still working, but the equivalent communities on Lemmy are getting better quality right now.

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14 points

Worldnews has always skewed a little to the right but the comments I read on a post about the immigrants drowning absolutely disgusted me

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6 points
*

Most of my favorite smaller communities on Reddit (50-500k members) are gone permanently. A couple of them were basically forums run by a niche YouTuber with a couple of helper mods, to talk about topics related to their channel. Those people didn’t want to deal with trying to use Reddit anymore, so they just closed down. It’s basically impossible to bring a community like that back, when the person it exists around is gone.

I don’t see Reddit stepping in for all of those smaller communities, so they’re just gone entirely. And that was where most of the value was for me. So yeah, its completely worthless to me at this point to even use Reddit.

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6 points

Out of curiosity, what app are you using to post with? I notice that your comment posted three times.

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2 points

A few subs like r/news, r/leagueoflegends and r/worldnews crossed the picket line without so much as acknowledging the blackout.

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19 points

I’ve been wondering. I’m not giving them the satisfaction of getting the traffic so I can check, but who knows, really.

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5 points

for me it’s been a slow process to transfer my reddit addiction to lemmy, so i’m still somewhat on there, but it’s nowhere close to what it has been like before the protests. a lot of my communities are still closed, others have reopened but there’s a noticeably lower volume.

reopen/stay closed discussions also show an interesting pattern of skewing more and more towards reopen the longer they go on, suggesting that the people who want reddit to stay closed have left, which is consistent with how the rest of the platform feels.

i doubt that many lurkers have seen the same effect yet (in fact, i noticed a pattern with the people expressing support for reopen, that they rarely comment at all, so my guess is the lurkers heavily favor reopening) but we’ll likely see a delayed effect in their numbers and/or engagement as well, as the content they’re supplied gets fewer and lower quality.

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9 points

It comes down to finances, right? Hard to tell what those currently look like, but I read that their evaluation estimate dropped by something like 7% to 5,5 billion USD in recent time.

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11 points

That was as of May 31st, before any of the drama. So it’s too soon to tell what the impact was from June’s events.

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4 points
Deleted by creator
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2 points
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8 points

Not to sound paranoid, but it’s kind of worrying.

In recent years, these sites have been used to pass information quickly during crisis. This can be anything like natural disaster, or uprising and protests.

These big aggregators being incompetently, mismanaged and taken down from public use at the same time, makes me wonder if it’s an attempt to quash communication that’s not coming from a government or mega-corp.

The revolution will not be televised… by the people.

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0 points
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Yeahhhh, I’ve been getting less news information since moving to Lemmy. The communities are here, but they have some growing to do.

And then there’s the issue of them growing into the correct servers. For example, my first day here I caught a mod on lemmy.ml banning a user for posting an Axios article about China on World News because “Orientalism”. The article was a pretty common western take on the Xi Xinping succession plan. Really nothing uniquely anti-China. That especially raises eyebrows given the many conversations had about Lemmy’s communist roots from its devs.

Which isn’t to say Lemmy as a whole is tainted - just the dev community, lemmy.ml. So I ethically feel the need to avoid their World News community and only use lemmy.world’s World News community, but that places me into an even smaller and more split community, giving me even less information. All I can think is that I need to be the change I want to see and intentionally post to/comment on the lemmy.world World News community.

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2 points
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You should try Mastodon for news, it does a better job of it currently. I think lemmy will step up soon but it’s not there yet.https://assortedflotsam.com/@NewsBot/

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5 points

two peas in a pod

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4 points
*

I, and many others, truly believe it is deliberate and orchestrated, primeraly to shut down the likes of r/superstonk and other subs that are fighting wall street corruption.

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10 points
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Deleted by creator
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1 point

This is not “Another theory”. This is a great discription of what wall street are doing. It has the added bonus of keeping even you, someone with there eyes open, distracted and not seeing how the Banks, hedge funds and “market makers” are running the show.

They have built a system to take all the money from the people and provide nothing in return.

They control majority shares in all the major news outlets and control the narrative.

If one person’s looks at this and checks our DRSGME.COM it will be worth it. (or read the endless DD in r/superstonk but as I’m here I don’t really wanna encourage anyone to go to reddit, fuck spez)

Buy DRS & Book GME then HODL (repeat where possible 😁, see you on the moon)

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4 points

Hold

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3 points

Hodl

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180 points

Im enjoying the shit show Elon is providing. It’s definitely entertaining watching a “genius” at work.

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73 points

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147 points

I used to work for a local company that sold parts to Tesla. They were a huge nightmare and wouldn’t pay us. I think that is their whole deal. Not paying the small companies.

FUCK them

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66 points

Sounds like Trump

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44 points

Sounds like Elon

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38 points

Sounds like rich entitled cunts

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13 points

It’s like they say - birds of a feather flock together

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4 points
Deleted by creator
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54 points

Unfortunately that sort of behaviour is common in many sectors where large companies subcontract with smaller companies.

The tactic basically created the whole factoring concept (buying invoices, or using invoices as security for a “loan”/credit).

Over here in Sweden it was construction companies that initially fuelled the development, and the large companies basically required very long payment terms (60+ days) from their subcontractors and then waited to the very last day to dispute the invoice by complaining on some part of the work, further delaying payment. A small subcontractor could often not front being out that much money (2+ months of salaries, materials and other operating costs, cost of fighting the dispute etc) and ended up going bust. Enter financial institutions buying (or “lending” with the invoice as security) the invoice, letting the subcontractor get paid immediately, but of course not the full amount since the factoring company wants to profit from the deal. The factoring companies being backed by large financial institutions (banks typically) have enough money that they can sit out those long payment terms and other “bullshit” since they know those large construction companies ARE good for the money they are owed EVENTUALLY.

Still carves into the margins for the small actors.

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17 points

Wow such a toxic mechanism should be banned, if I was the small company i would literally perma-call their offices and spam emails all day until payment is sent

I would argue 50% payment upfront and 50% on delivery could be somewhat of a solution, worst case scenario they don’t pay on delivery and you wait for half payment

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13 points

I used to work at an electronics manufacturer in the US and our vendors had the same deals etched out in their invoices.

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3 points

I sell to Anheuser-Busch and their payment terms are 180 days, it’s mega bullshit.

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2 points

As a small business/consultant, I generally won’t work for larger corporations, and when I do I get a retainer up front. I don’t have the time or the lawyers to chase down bad accounts. Even for small clients, anything new is 1/3 to 1/2 up front and it’s applied to the final balance (ie you pay 1/3, but when I progress bill that deposit doesn’t get credited to the bill. When I send my final bill for completed work, that’s when I apply the deposit).

Sometimes I’ll send a proposal and get push back on my terms (I don’t accept hold harmless agreements). Most of the time I get my way. The rest I refer to a large firm (that can afford lawyers) 100 miles away.

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4 points

And that’s especially a thing in specialized industries. If you manufacture e.g. car parts then there only is a handful of companies possibly buying your products at all, and that one product you specifically designed for one particular car manufacturer you naturally can only sell to that one company anyway. So you simply cannot afford to decide not to do business with one of your customers just because they play dirty games when it comes to paying the bills.

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43 points

The Trump playbook.

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100 points

Don’t you know? Paying your bills is woke

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63 points

“Bills” is now considered a slur on Twitter.

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89 points

What’s up with billionaires and not paying their bills?

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113 points

I think it’s more that people who tend to be billionaires tend to also be kinda scummy people.

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54 points

You dont make that kind of money being honest and empathetic. The most honest ppl I know that run businesses are barely paying themselves. There’s a reason CEOs have higher than normal representation of psychopaths. It allows them to make the best decisions even if it means running the orphan killing machine 24/7.

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22 points

I think you mean the “most profitable in the next 3 months on average” decision. It certainly isn’t the best decision by any other metric.

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57 points

Think I got rich by paying people?

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76 points

This is so much more true than I think most people believe.

My husband and I have a small engine business, and I took a free “community entrepreneur bootcamp” class through the local university this spring in the hope that we might learn something helpful. Instead, I learned fun things like leaning on your customers’ fears as a marketing tactic (?? 😔🤦) and that the most prominent local accountant - brought in as an expert speaker by the university! - advises his clients to pay as little as possible as late as possible, and most appallingly, I’m not exaggerating, these are the actual words I heard this man say in front of a room full of people: “if one of your employees gets hurt at your business, it’s better for you to stand on their neck until they stop breathing than to call for help, because it’s so much easier and cheaper to settle a death claim then an injury.” And he actually said that it sounds like he’s joking but he’s not, this is his understanding of the situation.

I genuinely want to see the best in everyone, and I have never before had the experience of fantasizing about a person’s death while they were talking in front of me, and it was abhorrent and awful but also… Wtf? How do we even help someone who sees other people as expendable tools the way this person does?

What can we even do about people who not only don’t want to live up to their agreements and commitments, but are just straight up out to fuck everyone else over? How do we help/fix that?

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39 points

It sounds very similar to when I was in seminary. They literally had classes on how to manipulate your audience. How to “use vocal patterns and body language to make yourself appear more sincere.”

People severely underestimate how many shitty people there are in this world (and even those who appear trustworthy) that would eat your firstborn to increase their net worth if it wasn’t illegal.

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15 points

This sounds like an unfortunate consequence of the evolutionary pressure that has been allowed to take place within humanity for the past ~150 years. Profit is more important than anything else. So of course you’ll have sociopathic “profit-above-all-else” mindsets among influential business figures.

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7 points

From a business standpoint I would never want to hire that accountant. If he openly talks about employees that way and being a bad customers to others he would probably also be a very bad supplier.

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4 points
*

💀

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1 point

If one of your employees gets hurt at your business, it’s better for you to stand on their neck until they stop breathing than to call for help, because it’s so much easier and cheaper to settle a death claim then an injury

That is because of regulations that pass the buck. If the US had public health care, and fines for negligence and OSHA violations, this wouldn’t be true. Public health care would be the best thing for small businesses because it removes the health insurance benefits and workers’ compensation issues completely. One big problem with the GOP is they are half right a lot, regulations are problematic, but not in the way they think. They take this half rightness and use it to do the wrong thing.

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0 points
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💀

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19 points

You don’t become a billionaire by being honest and spending your money.

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3 points
Deleted by creator
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-20 points
*

This is not a thoughtful reply. Hopefully Lemmy can do better. I dislike Elon more than most people, but just reading uninformed ragebait like this is exhausting. Yes his parents managed an emerald mine, no they weren’t that wealthy, and no it didn’t make a substantial impact on the source of his wealth.

Edit: most of his wealth originated from PayPal. Yes the money from the emerald mine helped him get to the US, and get an education. And it may have even helped him in his earlier career a bit. But it wasn’t like hundreds of millions of dollars that were just given to him like “here, go be rich!”.

So he basically had as much monetary benefit as an upper-middle-class kid in America. Not the same as the commenter I’m replying to who implied that Elon is only wealthy because of his parents wealth, which is just obviously wrong.

Just to be clear again, I think he’s a scumbag. BUT I don’t think we should blindly agree with something just because it fits our narrative… we should have intellectual curiosity for the truth. If anyone has any evidence that Elon received a substantial portion of his wealth from his parents’ emerald mine, please show that because I couldn’t find it.

Sources:

https://www.snopes.com/news/2022/11/17/elon-musk-emerald-mine/

https://people.com/human-interest/who-is-errol-musk-elon-musk-father/

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16 points

In this case I think he doesn’t understand cloud hosting at all, so he doesn’t see the cost making sense. If you don’t value something, the pricetag seems ridiculous and you won’t even consider paying it. He will probably realize the mistake eventually.

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6 points

with higher interest rates, it means they can’t get cheap loans, these companies will go under if the rates keep rising

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