I agree, though hopefully this will pass with time as people default to Lemmy rather than Reddit for their downtime. That said, when the Titan submersible craft story broke a week or two ago, there was decent discussion on here. For the most part, comment threads are a ghost town aside from threads bitching about Reddit, but there are occasional exceptions to the rule that should become more common as people get adjusted here.
Spotify
Strava
Default alarm clock app
If it weren’t for Spotify and Strava for bike rides, I would gladly get rid of my smartphone and replace it with a flip phone. Life was better before the entire internet traveled with you everywhere you go.
The past 15 years of growth in anything technology adjacent has been fueled by one thing: Extremely cheap debt. Interest rates have at been rock bottom since the 2008 crisis, and they’ve only started to tick up recently. That means the ability to fund infinite growth for basically nothing, so tech companies have relied heavily on debt financing.
Now though, that’s no longer viable. Silicon Valley Bank was very heavily involved with all these tech companies, and it went insolvent in March largely because of rising interest rates. They held a lot of long term bonds at low interest rates. In normal conditions, rising interest rates mean lower bond prices and unrealized losses, but not a major problem because they can just hold them to maturity and never realize the loss. Bank runs forced SVB to sell the bonds for huge losses though, turning unrealized losses into realized losses, and a non-issue into a major problem.
Now that cheap debt is gone, these tech companies are desperately scrambling to attain profitability. It hasn’t been discussed much, but this is a big reason for the changes at both Twitter and Reddit.
I was gifted Reddit gold a few times over the years for random comments I made, which gave access to the lounge subreddit. It’s mostly nothing but dumb memes roleplaying as gilded age oil tycoons and the like. Definitely not worth paying anything for access to it.
Open Street Map is legitimate. In bicycling communities, Strava is the gold standard app for tracking rides, and it uses Open Street Maps on the backend. It’s always super accurate for me, even for fairly obscure bike trails off the beaten path.