this post was submitted on 09 May 2026
517 points (94.8% liked)

Technology

84516 readers
4487 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 2 years ago
MODERATORS
L3s@lemmy.world
enu@lemmy.world
technopagan@lemmy.world
L4s@lemmy.world
L3s@hackingne.ws
517
Meta Is Dying. It’s About Time. (www.nytimes.com)
submitted 2 days ago by mysticpickle@lemmy.ca to c/technology@lemmy.world
120 comments fedilink hide all child comments
 

Increasingly, Meta has been using debt to fuel its spending, amassing $59 billion in long-term debt on its balance sheet by the end of 2025, double the prior year’s total. And that doesn’t count the “aggressive” accounting it has used to keep the cost of a $27 billion Louisiana data center off its books. “The spending growth looks increasingly unsustainable,” The Wall Street Journal’s “Heard on the Street” columnist Asa Fitch wrote this week.

Now, as the company careens from one staggeringly expensive misadventure to another, its cash-cow core business is starting to wear out. Last quarter, the number of daily active users across its properties declined for the first time to 3.56 billion from 3.58 billion.

you are viewing a single comment's thread
view the rest of the comments
[–] Ibuthyr@lemmy.wtf 2 points 16 hours ago

Re bubble: look at Lemmy.ml... just criticize China and you'll be banned. They just keep telling each other that China is the best country on earth and no one will challenge that anymore, as everyone gets banned. It's an extreme example but a pretty good one.

Re sickness: we're a social species. That means interacting in real life. In real life you won't have that many peers communicating with you all at once and you can gauge what your peers think by watching their body language. Online communication is all over the place and unfiltered. Humans haven't evolved to process all of that information while still critically evaluating said Information. This leads to mental burnout, depression etc.

For the record, I am capable of limiting my exposure to this, because I grew up and witnessed the evolution of tech (born in 82). I'm also somewhat intelligent. I hold a Master's in engineering, which requires a bit of intelligence. Many people only ever get basic education, if even that (not trying to sound condescending. Education is a privilege!). These people can't handle this type of communication. That's also the reason why they're so easily manipulated by the right extremists.