Reddit’s unpopular decision to revise its API pricing in a move that’s forcing third-party apps out of business has taken a weird turn. In an AMA hosted today by Reddit co-founder and CEO Steve Huffman, aka u/spez on the internet forum site, the exec doubled down on accusations against the developer behind the well-liked third-party […]
Reddit won’t come out on top. They’ll survive, but it’s going to hurt them. They seem to have pissed off most communities on the site. It’s the largest protest they’ve ever had.
Reddit doesn’t run a profit yet, so all they need to achieve is enough to get into the black. Like Twitter, Reddit I don’t think will crash and burn but the quality will drop dramatically. Reddit doesn’t care about quality long as there’s enough users on the site to make the paid ads have value. In the short term I think they’ll succeed in that but it’s going to turn into a cesspool.
But if those up for actual conversation and vaguely respectful debate come over here & leave the trolls and the karma farmers with Spez then that’s a great result!
Should be noted, Twitter is actively crashing and burning and may file for bankruptcy this year.
…And Mastodon seems to be a much nicer place to be than Twitter, even if it is a smaller “community”
Excellent point. Those of us who actually value conversation will make the effort to find, sign up for, and learn another platform. For the trolls and karma farmers, that’s just too much trouble. There will still be enough targets on Reddit to satisfy trolls, plus we’ve got the sunk cost fallacy working for us: karma farmers would lose their precious karma by leaving. Reddit is much more bot-friendly, too.
Thanks for being a greedy jerk, spez! Reddit is serving the Lemmy community as a bullshit filter!
They are taking the pig to market. The pig is not going to be okay, but a few people are going to get fat. That was the whole point all along and why didn’t everyone see that.
It’s just a question of if it sticks or not. Will people complain and mods relent or admins intervene and oust mod teams for a new batch of dummies? I feel the answer is yes.
I really hope this doesn’t happen, but I fear the same. Often these corpos will just bet on people being lazy, forgetting how bad the scandal was after a few weeks/months, and just roll over for them.
I just hope Reddit utterly collapses as a message to the wider industry, but I doubt it will and even if it did, I think the message would likely fall on deaf ears.