Popular animated gifs hosting service gfycat.com is shutting down on September 1, 2023 and all hosted content will no longer be accessible at that point.
Is there some kind of enshitification domino effect going on right now or what? So many user-hostile decisions being made nearly at the same time can't be coincidence.
Free VC tech money has dried up post COVID, the bubble has burst. Capitalists want a return on investment now. Most IT stuff is not profitable. YouTube isn't profitable, most Amazon clones aren't profitable, social media outside of the Facebook/meta owned model is not profitable.
Does anyone else find it really funny that the model just doesn't exist? The Vultures Capitalists are busting at the seems for 20 years now, the next big app is gonna break free! but no, its not.