Well, the French Revolution wasn’t really that goes for the people of the time either. It was an extreme event which punished innocents too. The eventual changes in society were the beneficial ones. The same is true about WW2 I guess.

If it happens gradually, then some will go out of business while others will modify the ordering to appeal to those with money. If it happens suddenly that people don’t have money to spend, then governments will try to bail them out with public money, thus accelerating the public’s descent into poverty and then some will go out of business while others will modify the offering, etc.

But the thing is, people who have the financial power or political influence to prevent common people from going into poverty don’t stand to loose from this collapse. People with power and money increase their power and money both when thighs go well and when they go bad. Unfortunately more so when they go bad.

Unless, of course, the French Revolution happens.

Hey, thanks for taking the time to reply to my hasty, poorly put together message. The point I was trying to make was that the original meaning has been lost when the word became popular. It is a somewhat obscure word with a loose definition based on an obscure reference and it describes something for which the language was more than ready to describe anyway. I think that instead of telling people to try and use the word correctly, one should tell then to not use it at all.

What does it mean? It’s a relatively new term and I’ve seen it used to describe everything from accidental logical fallacies to being short-changed at the liquor store

I don’t think hanging on to a prediction that didn’t come true makes sense even if it is painful to accept it. It’s much better if you accept the reality as it is and form a new world view based on it. Some people left the platform, myself included, but a lot of other people subscribed. It turns out password share wasn’t that big of an issue and it didn’t alienate too many customers.

To be honest, it didn’t matter to me either. I left netflix because they started charging 20Eur/month in my country and that’s just outrageous. To put it in perspective, AppleTv+, Disney and Prime cost me a combined 16Eur/month and I get free deliveries too. Fuck netflix.

The article published the new total number of subscribers which is growing nicely. It’s less relevant how that number is growing for netflix. The databis taken from their quarterly report, by the way. You can read it yourself too. Here’s the letter to the shareholders. By the way, presenting false information in those reports as a public company is a criminal offence.

That information exists in the article

Why would they lie about the user count? Netflix is a publicly listed company. A lie like that would be a criminal offence.

It’s the same with Facebook. People are so addicted to it that no matter how badly they are treated they just can’t quit.

Facebook is a very different beast. It exists and thrives because it convinced people to engage personally. It’s difficult to leave Facebook because family and friends are there. And Facebook also bought a lot of the competition and branched out: Instagram, WhatsApp, etc. It also has value to businesses, it has a market place, it truly is a monster.

Reddit has nothing. It doesn’t know its users and most of them are really careful to keep anonymous. It has shared interests communities, but not friendships/personal relationships. It’s really easy to quit Reddit if one decides to. It does not affect daily life.

By the next time Reddit messes up, and they will, the next batch of escapees will find a much more fleshed out set of alternatives, which will make leaving there and staying here easier. Rinse, wash and repeat.

I don’t think that even matters from a business point of view. Even if people aren’t leaving, the problem is that Reddit is not a place new people see as valuable after all the bad press. If they don’t grow, they fail.