I just said this yesterday or two days ago when they announced they were going to start paying people for content, but it truly is amazing how Reddit can find another significant thing that will hurt them as a business and move forward with it.
It seems like they’d run out of things that could significantly hurt their business, they just keep finding something else.
Soon they’re going to be down to basic features, And they’ll be like hey look so hyperlinks don’t work anymore. And then that’ll be the end of the press release.
Their “business decisions” are insane right now.
It’s very difficult to see this procession of self-mutilation technologically in another light other than deliberate corporate suicide. Like is someone going to benefit if Reddit goes bankrupt? Is that what’s happening?
It’s all going to plan. A wealthy investor has paid a lot of money to shut down popular platforms like Reddit and Twitter. Knowledge is power and they can afford to, and have the incentive to keep us in the dark. Can’t have us poors rising up against inequality if we have no soapbox to stand on.
I bet they just don’t like seeing all the awards go to fuck u/Spez posts.
You can always tell when a community is going downhill when they say they’re “empowering users” with their latest changes. They’re never actually empowering anyone but the shareholders to make more money.
Pour one out for the OG.
I like how you didn’t even bother to crop out the dot 😂
The less you try, the more authentic it is
You dare link me to that vile place?!
What happened to them being so desperate to make money that they’d charge third party all devs $20 million a year for API access? Surely removing ways to give them money won’t help that situation, right?
I know the API thing was all about control and not the actual money, but they’re just being so blatant about not giving a fuck about the site or the users. What a dreadful company.
As an advertiser, I suspect they’re trying to give us more groups of people to target. Ads are expensive, and generate a lot more money than Reddit gold
deleted by creator
Not an advertiser but they generally know % of views (“impressions”) to clicks (called click through rate) and percentage of clicks that turn into sales (called conversion rate).
For that reason, I don’t think they’re trying to get rid of human users completely, just the “troublemakers”.
I think they want to lead the “silent majority” users into a bot advertorial content hellscape where they control all the levers of power and everything is for sale.
deleted by creator
First, many don’t appreciate the clutter from awards
“Hide Awards” in settings?
It’s almost like they’re allergic to working on their app.
wish me luck :) I’ll keep you updated.
Any update on this?
Take a guess… But I haven’t been on reddit for a long time.
Man. What the actual hell is Reddit doing? They’ve been making the most suicidal business decisions this year. Blocking third party apps, they piss off a huge active portion of their user base but sure, you could say they weren’t paying anyway. But now they’re screwing over their PAYING users? I don’t even know what they expect at this point.
I found Reddit Gold and Discord Nitro’s gifting systems to be smart ways of monetization.
There are people who, despite what you try, cannot or will not pay you. Gifting allows you to keep the people that positively contribute on your platform while still earning money from elsewhere.
Amazing how swiftly they’re progressing with their enshittification. Makes me re-think all those 9 years spent there.
Dont worry… They are replacing this with almost direct monetary contributions.
There was a leak about how contributors will be able to earn money from updoots.
But why?
