This situation actually reminds me a bit of the dotcom bubble collapse in the late '90s / early '00s, with slight differences.
Declining stocks & VC led to a bunch of startups initially being unable to obtain additional funding. To make matters worse, ad demand started falling, leading to lower revenues for ad-based internet services.
In this case, a decline of ad demand is trailing dotcom revenue shortages. I suspect currency & stock weakness & a slowing econ…
Still up? Go check out the moon. 🌕 The bright object nearby is Jupiter, a gas giant planet 385,650,657 miles away from Earth (as of 10 minutes ago). #lookUp
Thankfully, the old server has now come back online long enough for me to complete the migration.
As it turns out, you can migrate to an existing account that already has some follows/followers -- it will just add the ones from the old account.
For anyone else looking to migrate, I found this guide very useful: #Mastodon #AccountMigration
One obvious reason this could be the case, despite the stimulus impact of the war, is that a lot of dotcoms / tech companies are highly sensitive to the stock market, VC funding, etc.
IOW, revenue from the stock market & VC funding suddenly disappeared, leaving them at the mercy of high rate loans, due to the historically high Russian central bank key rate.
And so, huge swathes of high tech are at risk of debt spirals and ever-increasing rates on loans.
"WATCH ROOM" (2020)
Three maverick computer scientists work to develop human-friendly artificial intelligence within the safety of a virtual reality environment... until the AI learns it's at risk of being shutdown.
🎬 https://vimeo.com/383913383
Series A, Episode 10 - Breakdown
JENNA: It all happened so quickly. One minute he was crying with pain, then he went beserk.
VILA: I'm glad he's a friend. Could get very painful if he really didn't like you.
https://blake.torpidity.net/m/110/10 B7B3
Series B, Episode 08 - Hostage
AVON: Blake, there's a mass of ionized particles, vector three nine. If we can fly into it it could confuse their scanners for just long enough.
BLAKE: Avon might be right. Tangent one eight. Go for it.
https://blake.torpidity.net/m/208/38 B…