Can Reddit survive as its volunteer workforce close down subreddits and walk away from the site in protest at the management’s new policies?

  • doophy@kbin.socialOP
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    1 year ago

    Well said. Boosted and upvoted… whatever those two things mean. Internet points to you, good sir!

    I’ll edit to add that the main thing you point out that I think most fediverse folks want to avoid is the investment that leads to the IPO bag of cash. When the incentive is profit, I think social media can only ever get worse for the average end user. Keeping these things small and non-corporate is great in theory, but who pays for the servers and other costs when/if it needs to scale?

    • GizmoLion@kbin.social
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      1 year ago

      There’s still a big difference between making money to survive, and the insane cash grab that was this new API pricing…

      • doophy@kbin.socialOP
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        1 year ago

        That’s kind of the problem, though. That insane cash grab is profit driven. Spez said it himself in the AMA: Reddit is profit driven. That goes beyond makiong money to survive. That’s investors seeing a return on their money. That’s generating value in preparation fo that big IPO. That doesn’t usually mix well with the way a site like Reddit generates value: free community created content. Right now, Reddit is banking on enough users not caring about the protest, or the fact that the site is arguably on a downward trajectory. Looking valuable is more important than being valuable at this point.

        Thanks Jack Welch for that kind of mentality. I hope you’re burning in Hell.

        • GizmoLion@kbin.social
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          1 year ago

          No argument with what you said, I’m just saying there’s a big difference between paying for a server, and paying your shareholders.