As for the ages here, the people most likely to migrate are the long term Reddit users that have had an account using third party apps since 2010 or so (because younger people have only ever known the official app). That self selects for anyone that was old enough to use Reddit in 2010 back when the user base was mostly high school / college / recent college grads. Someone in their late teens / early 20s back then will be in their 30s now.

Stress is relative to your own personal conditions. It’s not absolute. A tech executive might have a nice house and financial security, but if he’s working 80 hours/week under intense pressure to meet some deadline, that’s still stressful. Nobody wants to be perceived as a failure at work, even if their personal financial consequences for failure are minimal.

Your argument seems to imply it’s impossible to feel stress if you’re comfortable in life. Even the poorest Americans can count on access to food, clean running water, electricity, internet, etc. For most of humanity’s existence, and still today in some parts of the world, these would be considered enormous luxuries, so anyone with access to them would be seen as extremely comfortable in life. Clearly though, people can still be stressed out despite having access to these sorts of things that most of history would consider luxurious.

Stress is relative, not absolute.

The play to earn model is literally a ponzi scheme with a fancier name. The money you earn has to come from somewhere. It doesn’t appear out of thin air. In 100% of P2E games, the earliest players get paid by the revenue from later players. Eventually, the game stops growing, so the later players are left holding the bag.

Obviously, some people make a lot of money in ponzi schemes (most notably, the people that start the ponzi scheme in the first place), but it’s a terrible design for people that aren’t the ponzi creators or the first adopters lucky enough to get in on the ground floor.

It might feel like forever in internet time, but it’s only been two and a half weeks since the thing imploded and two weeks since the rescue operation was called off after finding debris from the Titan. Two weeks is lightning fast for a company to formally shut down in response to something like this, especially when you consider that the company’s employees have been grieving the death of their CEO/friend during all of this.

The Titanic fanously sank on its maiden voyage, so that’s a little different. The Titan submersible was successful for hundreds of dives before the implosion, which I’m sure gave the team a false sense of security and ultimately led them to ignore all the red flags.

I almost exclusively read non-fiction, but I just got done reading Slash’s autobiography (the guitarist for Guns N’ Roses among other projects), and that book kept me absolutely hooked from start to end. I have no idea how he’s still alive after the wild stuff described in that book. Highly recommend this one if you have any interest in rock music.

I shifted from that to a book about the history of the US Postal Service last week, so it’s a pretty big contrast in tone.

Open Street Map is legitimate. In bicycling communities, Strava is the gold standard app for tracking rides, and it uses Open Street Maps on the backend. It’s always super accurate for me, even for fairly obscure bike trails off the beaten path.

The past 15 years of growth in anything technology adjacent has been fueled by one thing: Extremely cheap debt. Interest rates have at been rock bottom since the 2008 crisis, and they’ve only started to tick up recently. That means the ability to fund infinite growth for basically nothing, so tech companies have relied heavily on debt financing.

Now though, that’s no longer viable. Silicon Valley Bank was very heavily involved with all these tech companies, and it went insolvent in March largely because of rising interest rates. They held a lot of long term bonds at low interest rates. In normal conditions, rising interest rates mean lower bond prices and unrealized losses, but not a major problem because they can just hold them to maturity and never realize the loss. Bank runs forced SVB to sell the bonds for huge losses though, turning unrealized losses into realized losses, and a non-issue into a major problem.

Now that cheap debt is gone, these tech companies are desperately scrambling to attain profitability. It hasn’t been discussed much, but this is a big reason for the changes at both Twitter and Reddit.