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by edgyquant 1375 days ago
Almost like building a business around “engagement” is a model that leads to a death spiral. Social media sites are basically giant MLM schemes that sell the idea that become real companies before the scheme runs out.
2 comments

> “engagement” is a model that leads to a death spiral

Good article on that point: https://rosie.land/posts/stop-measuring-community-engagement...

ahhh,,... I would say billions in revenue makes it anything but. A short lived idea, maybe, a novelty, maybe
Death spiral = short lived

MLMs make billions, but they are still MLMs.