this post was submitted on 17 Jun 2023
512 points (99.8% liked)

World News

38970 readers
2449 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] mrbubblesort@lemmy.world 3 points 1 year ago

Reddit *still is * a bottom-up community, that's why all their monetization efforts never worked and there's so much backlash against the API changes. All of the content and value on the site is created by the users and mods. Reddit the company doesn't own that, and redditors take offense at management's attempts to take advantage of the users' free efforts for their own gain.

What Huffman and Reddit should have done was think long term and set up a Wikipedia-like entity that could have ensured the health and growth of the site while only taking a modest cut. Instead they tried to pump up the value and cash out with an IPO, and when that likely fails, they'll end up with nothing.