• TechnoBabble@lemm.ee
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      1 year ago

      I’m guessing from the unlimited money hose that was Silicon Valley venture capital.

      Problem is, and the reason we’re hearing about this now, the money is being redirected to AI, and all these negative income companies don’t have enough capital to keep going.

      That’s why it seems like the entire Internet is going to shit all at once. The corporate money that tried to monopolize everything we access online has been cut off.

      But the good news is that compute, bandwidth , and storage has gotten cheap enough to host powerful FOSS alternatives ourselves.

      I’m cautiously hopeful this leads to a golden era of the open Internet.