Re:The ad-based internet is dying, and it's getting worse in...
by nevdka on Tuesday July 11, 2023 @09:18PM
(#36689333)
You don't need a monopoly, you need competition. Renewables sell into the same energy market as fossil fuels, and get paid the same price. So you end up with low cost renewables making higher profits than high cost fossil fuels, and so attract more investment.
Long term, when renewables have displaced fossil fuels, then profits will fall. But that only happens after the renewables get investment.
As for reddit and twitter it's not the efficiency and room for profit, it's the cost to provide said content outweigh the revenue gained from ads. Hosting and maintaining global social media is expensive, which is there's no many players in that field.