This is part of what pisses me off about Reddit’s changes. They are acting like the community is something they built when in reality it would be nothing without the work of the users and mods.
this post was submitted on 20 Jun 2023
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which is now glaringly apparent. There will be no IPO and u/spez is toast.
He had a window of opportunity before the EU legislate against the AI's but he busted it with a useless move against an API that wasn't even a threat.
He could have made another API dedicated to AI's and that would be the end of it. But no, somehow he felt the need to show muscles to someone.
There was even already a paid tier available. Require gold or whatever It's called to access the api. Add a commercial more expensive tier for AI. Done.
Guess we are just too common to understand the big brain moves of spez.
This sounds reasonable, so I can see why it was ignored.
I'm way too pessimist to believe that IPO won't succeed, the world isn't fair and bad guys do win...
Why call it pessimistic? You dodged a bullet here, you surfed the wave when it was at the top, now it's time to move to another wave.
I expect there'll be an IPO, Reddit's owners seem fully intent on cashing out at this point. But it's not going to get them anywhere near the amount of money that they were hoping for, and that they probably could have got if they hadn't driven off a cliff like this.
I'll get the butter and jam!
There sure has been a lot of crack on r/interestingasfuck the past few days.
funfact: /m/interestingasfuck has one post and 2 comments so far. And more than a thousands people waiting for it to do something cool. It's like they are waiting for someone to turn the power button on.
It tells tales about the model of bots feeding reposts to the peanut gallery.
Oh I can see it now, “the gang mods Reddit”.
This is honestly funny anyway I'm gonna go listen to run the jewels
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