alt Hacker NewsAbsolutely. The profit motive is the root of most evil. It is a shame that so many are trained to believe it is the only motive available.
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Bluesky is a private for-profit company that has taken $37M in venture capital.
https://www.piratewires.com/p/interview-with-jack-dorsey-mik...
> That was the second moment I thought, uh, nope. This is literally repeating all the mistakes we made as a company. This is not a protocol that’s truly decentralized. It’s another app. It’s another app that’s just kind of following in Twitter’s footsteps, but for a different part of the population.
> Everything we wanted around decentralization, everything we wanted in terms of an open source protocol, suddenly became a company with VCs and a board. That’s not what I wanted, that’s not what I intended to help create.
There's no reason Bluesky has emulate what FB Newsfeed and Twitter/X did to solve engagement by promoting certain items over others.
At the very least, they do have hindsight to learn from.
I completely agree with this... but without profit, people can't get paid, and they'll stop building. I do hate this incredibly need for growth, of course, but financial growth is necessary to pay people and give them raises and allow them to have upward mobility at the company.
I hope Bluesky is able to find a model that works for them AND for consumers. (I do know it's an open protocol, so it'll live on without Bluesky itself! However, as this post shows, it's a lot of work to build on the prototype... so if not them, who? And if someone else, how will they become sustainable?)