A battered Mac PowerBook 170 :)
The CEO, spez, is a founder and YC alumn. His heart is in the right place.
He has to be weighing (a) board pressure to lock down content in the face of its increased value as private ML training data, against (b) the community impact.
He’s betting the (a) training data revenue is higher than the risk of (b) community flight due to (c) the platform-size network effect.
Maybe he’s right. Look at Twitter’s community retention. Maybe not. Look at Twitter’s revenue and Mastodon’s growth.
But if you go earlier back to BBS and the early web, it just never ends well.
I would urge him to look over a broad set of historical case studies and re-evaluate. Still salvageable.