I want to see: an explainer of the science/ideas/experiments/hipothesis
And instructions on how to reproduce the experiments/results
Some YouTubers are going in this direction
I imagine the government has access to a lot more runway. Government is ideally suited to hosting capital intensive projects for that reason. But the piper needs to be paid eventually. Government isn't magical. It still has to deliver value in return for the value it takes.
This is not just theoretical. In the real world, governments that have failed to deliver sufficient value in return have fallen. In fact, that has happened many times throughout the ages. Government is a business like any other, only special in that you become an owner by virtue of citizenship.
Government is just people. It can't take, take, take without giving back any more than you or I can. For the US government to be able to afford to host Reddit long-term, it needs to start providing value that Reddit Inc. has been unable to find. What do you think they could do differently to start to deliver value?
> The reasons it does not are cultural, not economic.
I am not sure they are separable. Culture defines the economy. I agree that our broad culture sees little value in Reddit, giving no reason to bring it under the government watch – or to exist as a private business for that matter (hence the scrambling to try and change that). It is true that advertisers see some value, but not sufficiently so.
Reddit really backed themselves in a corner with respect to advertisers. The other social media giants realized that they had to make commercial users part of their core offering. I can promote my commerce all day long on those services for free and they're happy to point their users in my direction. Paid advertising just makes it better. Try doing the same on Reddit. You will be quickly banned for posting spam. That introduces a lot of friction in getting advertisers in the door, and also makes the paid ads that do make it onto the platform strangely bolted on the side, not a smooth part of the experience.
> no, but framing all aspect of life as a quantifiable trade, is
No. Such framing very much predates the invention of capitalism. Capitalism only speaks to a separation of ownership and labour. Nothing in this discussion relates to that.
"It still has to deliver value in return for the value it takes.": To make sure I understand, how do you define 'value' exactly here?
"makes the paid ads that do make it onto the platform strangely bolted on the side, not a smooth part of the experience.": I guess for me that's the appeal in Reddit, in that it is not completely "consumerfied" yet. I feel like a Wikipedia-type management would be a much better fit for the end-user, but obviously it would be harder to collect donations to run Reddit than to run Wikipedia.
"I agree that our broad culture sees little value in Reddit": I agree, that's really the crux of it and it's too bad.
A socially owned organization operated in the same manner would be suffering the same fate right now. The idea that exchanging parties expect trade of equal value is not a feature of capitalism. It is the basis of all economic systems; at least those which do not depend on an imagined post-scarcity world.
Now since Reddit is determined to shoot itself in the foot, new competitors can rise up and replace them. Reddit did the same to its predecessors.
Capitalism punishes harshly companies that decide to be stupid.