It is an amusement park without rides operated by an entity who most people actively distrust.
Facebook/Meta IMO has poisoned the whole social media space to a degree, where the expectation I have for social media platforms in general has become one of "this is getting worse over time". Instagram now sucks more than it sucked before Facebook bought it. Facebook now sucks more than Facebook 15 years ago. Reddit now... You get the point. They could have done nothing except maintenance and neutral technical upkeep and the result would have been better than what we have today. And the only reason why we don't have that better thing is profits (or the lack thereof in the old platforms).
This tells me that capitalism is really bad at organizing social platforms (not that this surprises me).
I do not really think that is true. There is more than 2 billion active users on WhatsApp which is owned by Meta. Many people reading hackernews distrust them, but that is a tiny, tiny fraction of the general population: https://www.statista.com/statistics/1306022/whatsapp-global-...
Facebook/Meta IMO has poisoned the whole social media space to a degree, where the expectation I have for social media platforms in general has become one of "this is getting worse over time". Instagram now sucks more than it sucked before Facebook bought it. Facebook now sucks more than Facebook 15 years ago. Reddit now... You get the point. They could have done nothing except maintenance and neutral technical upkeep and the result would have been better than what we have today. And the only reason why we don't have that better thing is profits (or the lack thereof in the old platforms).
This tells me that capitalism is really bad at organizing social platforms (not that this surprises me).