only advertisers, not consumers, prefer video over text.
This is so goddamn true it’s not even funny. One thing in particular that really pisses me off is when I’m looking for a relatively simple piece of information, like how to beat a level I’m stuck on in a game, and every single result is a 15 minute video I need to scrub through in order to find the same information I could have scanned a text block for and found an under a minute.
At a large technology conference I attended recently I saw a demonstration where the URL of the video was handed to an AI bot. Some very detailed prompts for requests for information were given to the bot and it pulled out all the info the user requested.
So maybe we’ll have ubiquitous AI to do the scrubbing for those 5 second answers now buried in 15 minute videos.
Much more detailed than that. In the video there was a 3 piece band playing for a few seconds on screen. The user prompt asked: “Tell me where I can buy the shirt the keyboardist is wearing at timestamp 32 seconds”. The Bot found the website of the vendor selling the shirt.
Okay, that’s pretty neat, but at the same time basically the same as loading a still image into a current AI image matching suite and having it identify a keyboard, then a shirt near the keyboard, then reverse image search that tshirt. It’s super cool to be able to do, but kinda standard at this point.
I guess the interactivity, being able to feed in a url on the fly is the value add. I still would have liked my “generate subtitles then search them” imaginary bot more though.
Every single Adobe tutorial ever. Why the fuck do I have to scrub through 30 minute videos to figure out where the fuck they moved some feature to after the last update?
Enshittification is when a company initially provides a good service, often at competitive prices. But as their market saturates (or they just establish as a monopoly), they start turning to shittier and shittier ways to increase profit due to demand that businesses must continually grow profits, or they fail.
“Enshittification” isn’t the same as “stuff gets shittier”.
I have a related thought. A lot of people are not good at reading. Those people are underrepresented on a text platform like this, but they’re out there.
The us’ education system is spotty. That doesn’t help. There’s also a long podcast about how reading is often taught badly: features.apmreports.org/sold-a-story/ (yes, it has a transcript)
But there are probably a lot of people who secretly sigh with relief when they find that five minute video instead of the two paragraph answer. They legit struggle to read it, and that’s uncomfortable and embarrassing.
Verbally like read aloud? Probably worse because at least with video you can usually fast forward and see the preview to get a gist of what you’re looking at. Like if it’s a video game walkthrough I can fast forward until I see a part I recognize
I will search around for 10 minutes before I watch a video if I need a simple answer. I realize that’s probably a bigger waste of my time, but I don’t want to encourage that shit by adding to the algorithm.
I guess I’m screwed either way then, but at least I don’t have to wait for the video to get to the fucking point to find out whether or not it’s even helpful.
To be completely fair it’s been a shit week for the markets. Literally all of my holdings have been negative, including enormous ETFs with decades of consistent growth. This isn’t to say that Drump’s stock is doing well at all, just that this immediate 7% loss is more indicative of larger market trends than anything I’d reckon.
Why on earth would running a service that actually costs money be a good idea for company so deep in a hole on a webservice that’s comparatively free to run.
It’s almost definitely a bogus or halfhearted announcement to pump the stock price. Announce a new service to make people think that there’s some future SOMEWHERE for big profits. Like you see Musk doing (recent 8/8 announcement for Tesla) for example.
In this case specifically to preserve a Trump payout.
Video hosting is wildly expensive and unprofitable. Even Youtube, by far the most successful video hosting platform on earth, backed by the technical giants at Google, who literally own a “make money on the internet” engine, lost lots and lots of money for a decade.
Its not a good buisness to get into if all you have experience with is a Mastadon fork where you already spend 50mil/yr to make 5 mil/yr.
An old Stock Market adage is “Buy on rumor, sell on news”. It’s possible that some people were anticipating a larger announcement, and sold when they saw what the announcement actually was.
Or, it just went down because it is a bad stock to own, and it’s just a coincidence there was a press release at the same time.
Reeks of desperation. They made 4mill against 50mill in losses and they don’t do any media production yet, which is a massive investment and returns are hard to come by currently.
Let’s remove Trump and the whole raison d'être of TS here: Pivots are always a difficult move. It makes current and potential investors alike skittish unless you have a damn good reason and can demonstrate the upside well. You need to explain why it’ll make money and why you weren’t “wrong” before, because there is an implication that if you have to pivot that you’ve made mistakes and didn’t identify the correct market, even if it’s not true/too simplified an explanation. So yeah, pivot to video…dangerous on many fronts, especially in light of their finances and the battles between the founders and Trump currently.
TL;DR: chaos at the top looks bad, finances are bad, and a pivot to video is a risky move
Probably because of expected expenditures; creating and hosting a streaming platform isn’t cheap, and if you have a company that already seems to be floundering, announcing “we’re going to spend a boatload of money we don’t have” doesn’t instill confidence.
So, Republicans are against state-owned media, but have no problem when the President owns a media platform? Because that’s what this is turning into. MAGAs are going to get their Three Minutes Hate (since three is more than two, so it’s better) directly from their Dear Leader, without any other opinion getting in the way.
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