T156@lemmy.worldtoTechnology@lemmy.world•With a TikTok Ban Looming, Users Flee to Chinese App ‘Red Note’English
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8 days agoIt already existed. They called it Bebo before it went Bebust.
It already existed. They called it Bebo before it went Bebust.
It shouldn’t be, but it is. 20 years ago, in the far-off year of 2005, a lot of tech companies more or less followed the same path, where it took decades for them to actually be profitable, if they were at all.
YouTube ran at a deficit for something close to 15 years. AI companies are likely following this trend, and running mostly on investment money, rather than being self-sufficient.