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This magazine is dedicated to discussions on the latest developments, trends, and innovations in the world of technology. Whether you are a tech enthusiast, a developer, or simply curious about the latest gadgets and software, this is the place for you. Here you can share your knowledge, ask questions, and engage in discussions on topics such as artificial intelligence, robotics, cloud computing, cybersecurity, and more. From the impact of technology on society to the ethical considerations of new technologies, this category covers a wide range of topics related to technology. Join the conversation and let's explore the ever-evolving world of technology together!

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Are lots of websites really going downhill and/or closing or does it just seem like it to me? (kbin.social)

submitted 2 years ago by Catch42@kbin.social to c/tech@kbin.social

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Like many people I'm here because of reddit going to shit. Twitter has increasingly been shit. gycat is shutting down in September. To me it seems like lots of bastions of social media are crumpling, but as a previous active reddit user, I've been personally effected. Is this just a frequency illusion or has something changed in the world that has changed the business case of these sites?

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[–] Maxcoffee@kbin.social 18 points 2 years ago (2 children)

With interest rates going up it's costing more and more to have borrowed money sitting in the likes of Reddit hoping for a nice payday one day.

[–] kutch@kbin.social 8 points 2 years ago* (last edited 2 years ago)

This is really the biggest part. There isn't room for the future right now, gains need to be realized to pay other investments and if not portfolios leaned out.

[–] FinalFallacy@kbin.social 3 points 2 years ago

Sounds like a promising venture for wallstreetbets people