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Joined 1 year ago
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Cake day: July 31st, 2023

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  • The illusion of infinite growth on “free use” ad based business dies when investment funds demand more benefits from former startups now turned into corporations whose only asset of value is the their users’ data. You are the product, so it’s time to squeeze you.

    I think such data is currently overvalued on a overgrown ad-targeting market with too many competitors, and adding more ads only devaluates each ad value further, because users’ consuming capacity also has a limit. So I see a severe correction coming. Another bubble burst, and another crisis inside the crisis that late capitalism itself is.






  • exododo@leminal.spacetoMemes@lemmy.mlDutch eh
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    1 year ago

    Indeed. Our dependence in this kind of tourism also generates a low productivity economy with an underpaid and seasonal labor market, which leads to a lot of social problems. It’s really quite sad to be the “fiesta” country. I hope we are increasingly aware that this model is unsustainable and make a much needed change. Thanks for you kindness.