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To be blunt, this isn't rate limiting, it is earnings limiting. Stubblebine has done what CEOs for tech companies have done ever since I got into the software biz decades ago: mass layoffs.

In this case, he is perfectly aware that by slashing our earnings under the guise of a phony algorithm that changes what we've all used for years, many of us will simply leave.

It's sort of a forced departure scenario.

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Charles Bastille
Charles Bastille

Written by Charles Bastille

Author of MagicLand & Psalm of Vampires. Join me on my Substack at https://www.ruminato.com/. All stories © 2020-24 by Charles Bastille

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