this post was submitted on 07 Jun 2023
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They're not doing this because they are struggling. Its a common tactic for shitty corporations to do so it looks like they made a shit ton more money and can claim losses on their taxes
Hopefully if the 2-day blackout is unsuccessful they'll extend it or plan more blackouts.
Does Reddit have the power to un-blackout the subreddits? I.e. Overrule the mods and open things up? I feel like, as in most cases, there are a modest sized group of high caring individuals that will reject/boycott/cancel reddit, but the majority of users, casual and the ones that make reddit their life, will just continue on, only slightly inconvenienced.
i think twitter is a good model for how we might expect this to go: a slow but undeniable decay into a worse, less functional, generally more miserable site to be on. when the decay will end? who knows. but there'll likely be an obvious before and after, and an equally obvious point where the site goes from a vanguard of influence online to a social media backwater.
True, they likely have smarter people at the helm than musk
in fact a good metric for this might be when reddit stops contributing anywhere near as many productive search results as it currently does. that's undeniably a big use of the site for people so it'd be noteworthy for that to disappear (and despite itself being a symptom of bad things it'd probably be quite bad overall, given the state of online generally right now.)
While i basically never used twitter, i dont see it dying. Some sources post decresing userbase some are saying that after the big hit things started to go back to normal People forgets. Today they protest, tomorrow they bend.
@AnagrammadiCodeina @alyaza what is normal? Bird site lost people even before Musk.
Like they were already loosing users before musk? Do you have a source?
Hey, I don't think you were trying to be hurtful with this comment, but slurs - even when not directed at a user - don't really have a place in the type of community that we're trying to cultivate here.
I saw somewhere (can't remember if it was here or not) that they think Reddit might not be too worried about the 3rd party apps because it makes up such a small user base. So it could potentially be a vocal minority who are actually being affected. Then again what do I know about running a website with millions of daily users, so it could be way off.
If that's true, it's even more asinine. A small number of users make numerous API calls from third-party apps, and in doing so, create all the content that the majority of users are perusing with ads? The quest for short-term gains so often harms long-term viability in corporate America, and I truly just don't understand how we keep hiring C-level people that keep making the same mistakes over and over
Because C-Level people are more about "how can this company make money" and less about "how can this company treat its workers/customers well" (unless the latter leads to the former).
They are told that increasing value for the investors is the thing that matters. If you have to make "tough choices" that abuse the workers or destroy the brand, oh well. It's worth it if that revenue number keeps going up. To them, it's an acceptable loss to keep the board happy.
Every company that has VC, investors, or stock is going to be like this at one point or another. It's just getting more blatant and obvious now. Disney, WB, Netflix, Twitter, Reddit...it's a list that just keeps growing.
Absolutely agree. Also this was just a comment I saw so who knows if it's actually true or not but it's something I could see happening unfortunately.
For sure it's unconfirmed. The only things we really know for sure are:
Which leads be to the conclusion that the thing you've said is quite possible
I'm not American, but isn't it mandated by law over there to do stuff like this, to create the maximum profit for shareholders?
Forgive my ignorance of US laws!
No such laws. The only laws for publicly traded companies are that they must be open and honest with shareholders about the financial status of their organization. You're very much allowed to run a business that stays small forever
@LoreleiSankTheShip @Cube6392 it is thought to be true, but it is not.
I remember seeing someone say that it's possible they want to monetize using their APIs to train AI on user content. Currently it's basically free for someone like OpenAI to do it.