The tech markets have tightened.
To take Reddit’s case: so far, they could raise money at increasing valuation, and that’s how they’d fund their operations without having to have solid monetization. Now that all valuations are down including theirs, they can’t raise anything anymore, leaving them with four (non-exclusive) choices: running out of money soon and closing shop, exiting as fast as possible to get capital injection that way, letting go of most of their staff quickly in order to get leaner, or finding aggressive ways to monetize shortly.
I think Reddit’s monetization situation was grim enough that they’re making precipitated moves towards all the last 3 options, in order not to pick option 1 and die soon. For having been a part of it, a startup looking to exit will choose some very specific metrics that they’re choosing to market their exit on, and then they’ll make all their subsequent moves based on ruthlessly optimizing for those metrics alone. Since those metrics can be way different from the ones the company was using to raise money so far, that by itself can turn a company’s ethos on its head.
I think that’s what we’re seeing across the board in tech companies; except Twitter, which was a rare case of being driven by political calendar, and one person’s political goals. The acquisition agreement was signed just before the markets tightened, and in fact, Musk tried hard to wiggle himself out of it when the market started tightening, because that kind of wasteful ownership doesn’t make sense in the new climate. But this is really specific, and I believe the timing is a coincidence; unlike all the other ones.
It might be controversial, but I think people have legitimate reasons to not trust public health authorities. They have had to fess up in the past after years of misleading people about a number of things, from tobacco, sugar, alcohol, cannabis, … The Spanish flu is only called “Spanish” because Spain was the only country willing to acknowledge it during war time. It didn’t help also that more recently, the White House admitted to lying about the lack of need of face masks at the very beginning of the COVID pandemic, because they didn’t want people to take them away from hospital workers who needed them.
So with that, I understand why people will want to be selective about what public health guidelines they’ll choose to trust and not trus.
Add to that, that getting a vaccine shot is unpleasant. And consoling your baby after they got vaccinated is even more unpleasant. From there, you can understand the mental shortcut that some people make, choosing to ignore the proven impressive track record of vaccines to limit or even eradicate contagion of some diseases, and all of a sudden, all vaccines are a lie.