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Do you think it's fair for big tech companies like Reddit and Twitter to shut off their API access? 1. Definitely fair 2. Somewhat fair 3. It's circumstantial 4. Somewhat unfair 5. Not fair at all https://i.imgur.com/8jLYEDO.png
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𒂠_𒍣𒅀_𒊑
@m-j-r
5 the users, not the company, generate emergent value and network effects in order for ad revenue or other monetization to maintain platform. changing API rates is fait accompli against the third parties that strive to improve UX enough for preexisting userbase to not churn. enshittification is an exit strategy
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Ben Adamsky 💭
@ba
Agreed that it's bs when a company gets large enough and devs begin to rely on the public APIs for their projects. Although it seems like there can be no repercussions since it's a for profit company acting within their rights. What solution do you have in mind so large tech corps won't do this in the future?
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𒂠_𒍣𒅀_𒊑
@m-j-r
true, at some point economy of scale points to centralized public API. imho we should start viewing "loss leaders" in parallel and in separate forms of capital. but reddit was by no means a for-profit company when its userbase decided to invent more subreddits, and it certainly didn't incubate the mobile UX that led...
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𒂠_𒍣𒅀_𒊑
@m-j-r
to even further community growth and even more effective "front page of the internet" curation. imho, w/ farcaster hubs being just decentralized enough, and multiple commercial needs for bulletins & "subculturally local" forums, this should really be in the bag, esp. if there's multiple approaches to toll + equity.
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𒂠_𒍣𒅀_𒊑
@m-j-r
to be clear, I think that establishing even a minimal toll and sweat equity structure upfront establishes legitimacy, even if those have to be subsidized and/or suppressed. imagine there was a "this user wants to continue to cast via [insert hub here], who wants to chip in to their [insert farcaster patreon]?
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Ben Adamsky 💭
@ba
I agree with you here. I think in order for typical B2C platforms to make decisions in the best interest of their users, they should probably live on top of a protocol. A self-sustained foundation gives room for an ecosystem and revenue-generating companies don't have to take a hit. Win/win if done correctly.
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