Technology

That dude is really trying to kill his own platform, isn't he?

The enshitification will continue until all value is extracted.

The truth is in the better days of Reddit I would've paid 2 or 3 dollars to access Reddit if that helped maintain it sustainable and if some of that money reverted to mods. Now? Reddit can burn

“I think the existing, altruistic, free version of Reddit will continue to exist and grow and thrive just the way it has,” Huffman said.

There's nothing 'altruistic' about reddit

I just made a Lenny account because of this. Fuck them

What’s next? Change the name of the platform to Y.com?

Now the IPO is done Reddit has to continually feed the investors at the expense of the quality of the thing that's supposed to make money to feed the investors.

This is gonna be fun.

lol I saw this on reddit and was like fuck it, and made a lemmy account.

Altruistic? ALTRUISTIC?!

Just who in the fuck does he think he is?!

The only altruists on Reddit are the users who freely provided the content that this fucking parasite feeds off of.

I'm so glad I left that awful shithole of a site.

Aaron Schwartz didn't die for this.

"altruistic"... fuck off.

I think this comes down to what the intentions are

Paywall /r/videos? Fuck off.

But create a system like Patreon where a content creator can put their own content and interact with their own users and there's a revenue share between reddit/creator that doesn't sound terrible.

If they're gonna do it on Patreon, why not try and lure them to reddit?

Just joined because of it

Why do all of these companies decide they are so tired of existing?

After seeing this article on Reddit, that’s what made me finally jump ship and join in here. It’s been nice so far.

Reddit is hardly even the same site it used to be. Especially with bots taking over. And I just don’t think it makes sense to make people pay for what was meant to be a user-generated experience. We’ve sadly come a long way from the narwhal baconing at midnight.

But here’s to new beginnings!

...

Wouldn't the contributors to those subs just make a new one that's not paywalled?

Reddit is going to be asking users to pay to generate content on specific subs, but they're forgetting again that the sub isn't the important part, it's the users.

This would just fracture the biggest subs and destroy the communities.

What's going to stop people from creating a new community and migrating the second reddit pay walls it.

Oh pics is now paywalled, looks like everyone is using pics_free

This is the reason i created an account here lol

Second wave of Reddxiters on Lemmy in 3...

That's why I just joined

Fuck Spez

Porn, they're going to monetise it.

I always wondered when they will do it. They have the set up.

This is a terrible idea for a site that relies solely on user-generated content and even user-moderation. It's not like Twitter hasn't tried this before - didn't work out so well, I'd say. But hey, this concept probably works for the upper management. I guess it doesn't matter to them if all that's left is scorched earth, as long as they can cash out.

i love seeing so many new accounts in the comments

Just joined because of this. Hopefully I’ll be able to leave that cesspool.

So...this is for porn.

Only fans, but on Reddit.

I suspect it will work out sickeningly well for them.

I hate how everything has to be monetized nowadays, or how money is to be expected for everything. Eventually people who provide free service or altruism will be seen as competition.

Saw this on Reddit 20minutes ago. Saw someone post about lemmy… now I’m here lol

Describing Reddit as altruistic is some next level delusion.

Just joined, gonna see how I like it then probably move over and leave Reddit.

Just created an account here because of this.

I dont usually upvote posts about Reddit...

...but when i do they're shooting themselves in the foot