The key part here is that (at least initially…) they won’t put any existing subreddits behind a paywall. So users’ habits won’t really be interrupted.

You can check out SPIVA which tracks the people like the guy you’re paying to predict the future.

In all markets the results are consistent. Over a single year a professional has about a 50% chance of beating the average. This probability drops over time and over a 10Y period about 10-14% of professional investors beat the average.

You paying this professional is essentially the same as you thinking that you are able to identify the top 10-15% professional investors. And maybe you just are that great and we should all follow suit. But I doubt it. It’s your risk to take though. No one is going to force you to choose the cheaper option with the better probability to give the best returns.

If you’re not putting your money into index funds you’re just fooling yourselves. You shouldn’t be paying any form of investor to pretend they can see into the future.

This also means you will be investing heavily in the US. But don’t make the mistake of believing your invested money makes any difference in the world when it comes to ethical responsibility. A company isn’t affected by whether a fund invests or does not invest in them.

Socially responsible funds are just for show because financial institutions have realised it’s something people will pay for. If you truly want to make the world a better place you reduce your monthly saving amount and donate the money to charities instead.

Just saw the other day that the Pixelfed developer pushed out a new feature pretty quickly and it reminded me of how much faster you can push new features out when you’re working on a small team with very few developers.

Then I realised that… At the place I work at (an app most likely installed on your phone) - well every change will have a huge impact. If 0.05% of the users’ performance is degraded - that’s a shit ton of users. So we have processes in place. We test on all kinds of devices before releasing.

Running a high quality service at scale is hard and it’s expensive and it’s not always fun because you have to leave your cowboy developer guns at home and do the homework before pushing to production.

I spent way too much time trying to understand why I wasn’t taken to the comments when I hit the comment icon…

… in the screenshot

Yeah, all apps advertise “no algorithms” - well those algorithms are what is pulling users back and back again and the more you get people to open your app - the more likely it is that they’ll contribute something.

I have to remind myself to open Pixelfed. Which is how I want it to be and how it should be. But I also understand that none of my friends will go there and look at nothing and then check in again a day later.

Especially a password vault… Imagine your server going down while you are away from home and suddenly you’re locked out of everything.

I said in my final paragraph that Lemmy is nice but there is so little content here. The communities I frequent here (with very active reddit counterparts) have like a submission every few days. Just check [email protected] for example.

I was close to it. I'm an advocate for paying for services I use. We're way too used to getting everything for free and we should be willing to pay for services we appreciate.

Which made me realise that Facebook especially I don't appreciate. So I quit instead. It had value to me once but those times are long gone.

Who cares, we're leaving an economy where no one cared about profitability. Just growth. It's all about whether they can capitalize on that growth now.

Spotify was the same. Turned a profit the first quarter after shifting the focus towards profitability.

I've never seen the view of an IPO so heavily affected by bias. Superusers hate Reddit but so what - what matters is whether soccer moms are scrolling and being shown ads. No one cares that the most costly users are unsatisfied. You and me both are nothing to investors.

Is there some objective analysis of this IPO? All I'm seeing is "I'm a superuser who spent a lot of time on Reddit in 2007 and it was far superior back then. The stock will tank."

I think you’re spot on and it applies in general to why we see a trend of subscriptions. When we all got our first smartphones, most apps were local and it didn’t cost the developer more if they had 1M downloads compared to if they had 50 downloads.

I think the main issue is we don’t know where Lemmy is one year from now. I have already started to see a decline in my usage because there simply isn’t enough content. /c/football is virtually dead it feels like and it (or rather /r/soccer) was my number one subreddit.

What the hell, this is so impressive. I’m blown away! Did not expect this kind of experience this fast!

Pff, this has to do with people caring more about their polling numbers than the environment.

Actually saving the environment requires some hard sacrifices and it’s hard to be the elected leader who tells their voters that they’re going to pay more and get less.

But in non-democratic countries you’re right of course.

Are you kidding me? Just checked this community for the first time in a month and this post is 15 minutes old? That’s freaky timing

I have been a loyal Firefox users for years but I would lie if I didn’t say I get tired of websites not working.

I think one general benefit of open source is that in general - they are built for the user rather than for the stakeholders.

If Spotify was an open source app - you know for sure you would be able to hide podcasts for example (for people who don’t care about podcasts and just want a music experience). However, since for Spotify The Business it’s better to piss off X% of their users if Y% of their users turn into podcast users - they’re not going care about the angry X%.

So in general - in open source apps you’ll generally find features users actually want and very rarely the app will try to push new features on you because they’re trying to make numbers look good on their quarterly report.

The people who complain about how they no longer can get answers on how to eliminate juice in the style of Hitler are people who are - to be honest - completely missing the point of this revolution.

ChatGPT is the biggest developer productivity booster I have ever seen and I spend so much more time writing valuable code. Less time spent debugging, less time spent reviewing, etc. means more time for development of things that matter.

Each tech company who just saw massive growth over the past 10-15 years have just received a new toy which will multiply their developer’s outputs. There will be a clear difference between companies who manage to do this will and those who won’t.

It’s irrelevant if I can get ChatGPT to write a poem about poop or not. That’s not the goal of this tool.

European here. Telegram and FB Messenger is used by everyone even for iPhone to iPhone communication.