Meta is a "for profit" company, so every move they make is for profit and planned with their shareholders/board of directors, to approve their moves. These people only see $$$, sad but true.

[–] Olgratin_Magmatoe@lemmy.world 4 points 1 year ago

They do have a profit motive, because meta is in competition with lemmy for people's time and attention. The more attention/time/views meta gets, the better for them. So it is in their interest to find a way to create their own instance, make it the most popular one, and then use that popularity to shut out all other instances, effectively killing them.

https://en.wikipedia.org/wiki/Embrace,_extend,_and_extinguish

[–] Mylemmy@lemmy.ml 2 points 1 year ago (2 children)

So only people without profit motive can beat part of it.... Change is scary I guess

[–] VikingHippie@lemmy.wtf 3 points 1 year ago

Allowing people and corporations with poor to no ethics considerations whose sole motive is profit to control everything isn't change, it's the default that the Fediverse is trying to get away from.

[–] Halvo317@reddthat.com 2 points 1 year ago

Won't someone think of the corporate investors that need to make money on my memes?