this post was submitted on 11 Jun 2023
226 points (100.0% liked)

Reddit

13627 readers
1 users here now

founded 5 years ago
MODERATORS
norz@lemmy.ml
226
Reddit announced new ad features on Friday (www.redditinc.com)
submitted 1 year ago by KilgoreTrout@beehaw.org to c/reddit@lemmy.ml
155 comments fedilink hide all child comments
 

“We’ve known for over a decade that people come to Reddit to talk about the products they love – take r/BuyItForLife for example, a community of over 1.5 million redditors who have been sharing recommendations and advice about their lifelong, must-have purchases since 2011. These updates will uplevel the search-and-discover experience for both brands and our users by tapping into our differentiated value as a hub for actionable conversation”

you are viewing a single comment's thread
view the rest of the comments
[–] Atemu@lemmy.ml 2 points 1 year ago

I believe (and somewhat hope) that the n% of users leaving over this are mostly prosumers, leaving Reddit with mostly consumers. The, say, 5% of users leaving might be the ones who create >70% of the quality content the consumers browse Reddit for.

Given that Reddit relies on prosumers like them for 100% of its value, that would be a huge blow.