• Grimr0c@lemmy.world
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    1 year ago

    I could be wrong, but I firmly believe that the dismantling of Social Media is an indicator of the state of the economy, instead of being intentional. I believe that investors are hurting for money and are pushing platforms to turn a profit at all costs which is hurting the industry. Additionally, This appears to be happening elsewhere in other industries too but is manifesting into other symptoms. However, I think that the Tech and Entertainment industries will be the first to “Fall” (for lack of a better word) as these industries are more of a luxury rather than a necessity.