After being purchased by Snapchat, it appears that gfycat has been abandoned.

The Gfycat service is being discontinued. Please save or delete your Gfycat content by visiting https://www.gfycat.com and logging in to your account. After September 1, 2023, all Gfycat content and data will be deleted from gfycat.com

      • Yep. Web/tech companies generally had an easier time than most dealing with the pandemic, and capitalism, in all its reactionary, short-sighted wisdom, smelled profit and massively over-invested, so companies grew faster than they knew how to handle.

        Cut to ~6 months ago and most of them had nothing to show for all of that money (Reddit being a great example - in the time between their massive expansion and now, they only thing they actually added were wildly unpopular NFT avatars). But capitalism demands that profits increase at an increasing rate, so they have to squeeze money from somewhere, which is how we got the massive tech layoffs at the start of the year.

        Now they need to find even more ways to increase profits, but many of them are at the point where finding ways to monetize is actually really difficult, so they’re tying to squeeze money out of everything they can find - Reddit’s API changes, Twitter trying to push people towards blue with arbitrary limits, wholesale shuttering of things like Gfycat. Now obviously that’s going to cause a bunch of problems with user trust and retention but who cares about that? That’s a tomorrow problem, and we need profit now!

        Capitalism working as intended.

        • The great irony of Web 2.0 is the pandemic forcing massive shifts to work from home, coupled with the Republicans taping down the button on the Federal Reserve money printer, meaning Silicon Valley tech companies have never had it easier, since the world ran on their digital infrastructure for like…2 solid years, and then after bills came due they realized they’d overinvested in both physical property and personnel (things that Silicon Valley companies had famously tried to either disrupt or make obsolete since at least the 70s), so they’ve tried to kill work from home as a way of instituting “quiet layoffs” and leverage their tangible assets as collateral like a broke dad who owes back child support trying to pawn his baseball card collection. Fucking California Ideology. Couldn’t happen to a nicer group of assholes.

        •  progandy   ( @progandy@feddit.de ) 
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          1 year ago

          It is not only the pandemic. Even before, during the last decade or so, they got the VC investments. Now with rising interest rates and the shift to AI capital is drying up for the web2.0 bubble.

          • Yeah, painting this as a downstream effect of the pandemic is just wrong. This has been coming for a long time and would have happened no matter what caused interest rates to rise.

  • I hate this trend of big tech buying up smaller services and then shuttering them a few years later. I’m still salty about Gamespy getting cannibalised by whatever that shitty mobile casino game company was, killing all the classic FPS titles’ master server in the process

  • The enshittification of the Internet continues. I loved gfycat for short videos that didn’t need sound. It’s high time to stop using proprietary, corporate controlled Internet because it seems like this model is guaranteed to die eventually. We need a fedi gfycat alternative. Does pixelfed convert your phone videos into gif-like “images”? I know they were technically videos but gfycat made them work like old-school gifs perfectly.

    • It’s a tough spot to be in, and one that I’m not convinced the fediverse will solve. Stuff has to get hosted somewhere, and video hosting is expensive. Taking away control from giant companies is great, but I don’t see what’s in it for people to take on hundreds or thousands of dollars a month in hosting cost for their instances without making any money from it.

      Right now I think fediverse users are power users who are much more likely to contribute, but if lemmy or mammoth ever got as big as Reddit or Twitter, the vast majority of users won’t be willing to pay, and I don’t see how that works

      •  eee   ( @eee@lemm.ee ) 
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        11 year ago

        I know nothing technical about how the fediverse works, but I can potentially see a bittorrent-like future for the fediverse, with people contributing spare compute power or bandwidth to the network when they’re online.

        • torrents worked on a massive scale is because

          • it’s a “run and forget” kind of technology
          • not real-time
          • very less resources per user is required
          • a sizable portion (not a lot) of users participated equally

          You can’t expect this from a fedi-powered gyfcat instance