Reddit’s 50% Plunge Fails to Entice Dip Buyers as Growth Slows.
Reddit’s 50% Plunge Fails to Entice Dip Buyers as Growth Slows
The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.
Gee, that's too bad. It would be a real shame if that piece of human garbage Steve Huffman lost everything. A crying shame.
I can’t even think of a time in history where someone was a huge piece of shit in America and “lost everything.” Maybe R Kelley, P Diddy, and Bill Cosby? But only for the time they spent in whatever rich guy jail they got to go to and then they were fine.
Elizabeth Holmes comes to mind. She manoeuvred herself into a position of wealth and power by defrauding other rich people and got herself 11 years in prison for it. That's 11 years more than most other rich scumbags get.
Madoff died in a jail cell, that's gotta count for something.
There is also something about those 3 people I can’t put my finger on….
I don't know if Sam Bankman-Fried is a huge piece of shit. He's definitely a liar and a scammer though. But he was like rich as anything and then lost it all. Now he's trying to curry favour with Trump to get out of jail.
Greedy pigboy flew too close to the sun.
I too want to board the schadenfreude train. Choo choo. Fuck u/spez
He will exit filthy rich way before that. That’s the point.
Would he not have already sold most when they went public?
Hey fam, I’m another Reddit refugee. I heard Lemmy is what Reddit was back in the day. Sad to see Reddit go to hell.
The Voyager iOS App makes it feel like I never left.
Reddit refuge here.
I do miss all the niche subreddits. As the saying goes, “there’s a subreddit for everything.”
But I think with time, Lemmy can grow to fill that gap.
There is also a PWA version for those looking to try it out, and I believe it’s on F-Droid as well.
There are a few minor cultural differences to be aware of. But as long as you avoid saying anything negative about Star Trek or Linux, you should be just fine.
Same for me using Boost on Android. It looks like Reddit only without the bots and AI slop.
More or less. There aren't as many bots, and everyone is generally aware of traditional Internet etiquette (i.e. don't be an asshole). Lemmy also feels as homogenous as early Reddit: college-educated white people in western countries.
I started joining forums back in the late nineties and I've learned every place on the Internet is in flux. Things always change. Back in the day, stuff would happen like we would lose hosting because someone got sick of running a niche phpBB forum or the moderation team would change. When social media kicked off, changes were driven by money. Facebook was a big gaming platform in my college years (Farmville), which feels completely foreign to today's Facebook.
The smaller the community, the more stable it is. Some of those 20-year forums still exist, albeit in a much more diminished state. If a site/platform gets popular, that's when things can change quickly.
Lemmy has already changed since I joined and I'm sure it will become something different in the future.
Welcome! I came in with the blackout a year or so ago, it's been fun to see more people show up over the months!
Feels that way to me. I wasn't there like at the very beginning, but was able to be in a few small subreddits turn big. Some turned to shit, some turned okay. Lemmy/mbin a.k.a. threadiverse seems like it was before my time I started with reddit
Lemmy, Mbin, and now PieFed!
If it makes you feel any better, Reddit is and always has been shit. From their "fake it till you make it" days to the "narwhals and bacon" and then the RealFeelz(TM) community make-believe. It's the people that made it what it was, the platform has always been a steaming loaf of shit.
edit: Oh wait, how could I forget the ViolentAcrez days. The LARPing mental case that had 300 accounts and VPNs before most knew what that was, and spent his entire LIFE trolling until he got found out by his employer who very publicly humiliated and fired his ass. The same fuckwit that Spez partnered with to run all kinds of scum subs like JailBait, etc. Reddit is shit, made by shit people. Good people accidentally found it now they're leaving.
Edit... Oh what else? I was literally there before commenting so let me just see if I can pull from the steaming shit pile of reddit experiences I've had over the decades...
Does anybody remember her name? I want to say ... S... Sahaya? Sahasha? I could be way off the beam so don't let those guesses mislead you. There was a female who represented herself as a massive pillar of the community and posted almost 50% of the content. I and a few other people meticulously tracked down the fact that she in fact was an online marketer acting in a stealth capacity. The more savvy and experienced users at that time, remember this was like 2002-4(?), we could see through the ruse based on the pattern of her posting. Literally within 10 minutes of revealing the truth about her, she vanished, never to be seen again. So yeah literally the entirety of Reddit was a giant advertisement at first.
What else now? Let me have a few more bowls and I'll see what else I can recall.
Politics are hotter than old Reddit, but I guess that goes with the times.
The "federation" aspect is pretty different in a good way. You see a lot of integration with Mastadon, for instance, as the Fediverse is trying to integrate with itself, and each Lemmy instance is like a little fiefdom with its own flavor and subs, whereas Reddit was always more of a monoculture.
Reddit was killed by spez. RIP. Long live Lemmy! Hopefully it’s insulated from meddling by venture capital.
Who told you these lies? Lemmy took the bad parts and called them features.
I left Reddit today. I'm not looking back. I'm absolutely done with these organizations that bow to fascist whimsy and demands. Pathetic stuff from Steve and the admins at Reddit. I hope their stock tanks and they lose their ass.
Reddit banned me for saying mean things about Elon and I'm not going back. Good riddance.
Same reason I left. Why hang around to get yelled at by bots about "living in a liberal Reddit echo chamber" WHILE the entire site is sucking fascist dick the entire time?
I remember when I got banned for saying that hey maybe it isn't hate speech to say that Israel shouldn't murder children.
Everything he does basically invites people to say mean stuff about him.
Perhaps he could just stop doing those things? Thinking out loud here,
Apparently Elon Musk pressured them into Banning people, and they just went along with it which tells you everything you need to know
Can I get a "fuck Elon the Felon" my fellow netizen?
Yeah I made the jump a while back with the API thing, welcome
I got banned in 2022 for hate speech against Cops. Ive been lurking with libreddit.
Did you know many subs are controlled by former and current Leo. Justiceserved, legal advice, publicfreakout,,etc
If you like rap, or well, even if you don't, listen to Death of a Constable by Brian Ennals and Infinity Knives.
I feel like I have simpler reasons for leaving Reddit.
The third party apps quit working and the site and app run like shit and take forever to load.
Simple problems, simple solutions.
I left because once you see that most posts are just commercials and advertising and then you realize how they sell our attention span instead of paying us for it then I left. I don't work all day just to come home and make someone else money. Cut me in or eat shit.
That’s actually the main reason most left, Lemmy has never seen a bigger increase in MAU before or after the death of 3rd party apps.
Not to say the other stuff isn’t important, but for me Reddit WAS Apollo. Without it, it didn’t even feel like the same service. Enough people felt the same about their preferred apps that they left en masse in 2023.
yep, reddit was RIF as far as i'm concerned. if RIF is dead then so is reddit
I was one of those. Happily discovered Voyager. I go back, usually when a search link takes me there.
The mobile app is designed by people who I only imagine get paid by the bulk number of raw clicks/taps on UI elements.
Yup, for me it's Sync. And Sync is doing a decent enough job of bringing me Lemmy content.
For me Reddit was Alien Blue. It all went downhill after Reddit bought it and then stopped updating it.
There was never an app that had such a great UI for iPad. Apollo never introduced a two column Split View like it.
Narwhal had one, but was a bit meh otherwise.
Yeah, I came here when they did the API thing. I was spending too much time on reddit anyway, now I'm reading and gaming more in my free time.
That was indeed awful, but I put up with it (and the app even improved a bit over the last year or whatever). The thing that made me finally leave was posts being shadow deleted for simply saying a man's name and then being threatened with bans for upvoting the "wrong" content. Absolutely not.
The Reddit app and site are bloated bullshit. It’s an insult that they want you to use that. Lemmy with Voyager is the experience I like.
They’ve banned all of the good people that made up the site. I used to do Secret Santa. For 10 years! And I had mothers thank me for making their kids holidays. And they banned me. Because I made a death joke about how old McConnell was. Dude looks like death walking. Prove me wrong.
I was a good user. Dark humor isn’t hurting anyone. Reddit will die. Just like every other popular site.
I was sign up number 3. I emailed Spez his own source code because he had the error reporting on his Web Server set to "VERBOSE".
I was permanently banned for an answer in an AskReddit thread that amounted to "what is true in your line of work that you can't say". My answer was that (edit: as I work in a highly female-dominated field of social work 30 women for every man).... non-males are insanely violent and one of the huge lies that is held in the public consciousness is that "men are the violent ones" when the reality is all people are violent, and there's a tremendous amount of IPV especially in same-sex partnerships. Banned for "advocating violence".
Edit oops I edited the wrong comment lol
I reported a comment for basically saying that men are the only violent sex, and they temp-banned me for abusing the reporting system. The explanation message (canned, I'm sure) said that abusively reporting people is a form of harassment or bullying, or something like that.
Eat shit reddit, and fuck spez.
edit: Based on my experience and what others are saying, I have to wonder, were they trying to burn it down from the inside?
Been there since 07, also work in Human Services. Reddit died with Aaron. He was the heart and soul of the site. The decline started shortly after that and it was slow, but it really picked up steam around the time of their IPO, and ever since they've pretty much embraced "evil". Fuck Spez.
Sounds about right. The fact Reddit is killing off its best users is just a sign that Lemmy can bring us all back together.
Incels are quite overly sensitive when it's a women talking about violence against women by men, they brigade and try troll people. Askedddit also banned me, for because the sub was asking something about an actor, and I was explaining how a Star Trek actor made the show about herself( Beverly crusher) people don't like how their holy trek role model was criticized.
Askreddit is extremely sensitive when it comes to politics, feminism and never toxic masculinity, 12yo boys sexual curiosity
I left with my 14 year old account after they banned third party apps. Moderating large communities (1M+) with the official app was impossible, and I was moderating 3 of those, plus a bunch of smaller ones. I did Secret Santa 4 or 5 times (move countries frequently for my job, so it wasn't always feasible), and still have the Guinness World records certificate somewhere, plus a lot of free merch from the mod appreciation giveaways back when they weren't a shitcorp. Leaves quite the bad aftertaste.
Pretty sure that by now I'd have been banned as well, I never held back with dark humor and speaking out against evil corpos. In a way I'm glad I left on my own terms before it all went fully to hell.
I was a 12 year member with nearly a million karma. I was permabannef right after the inauguration, for repeating an anti-HitlerPig opinion I'd repeating numerous times before he was elected.
I came to Lemmy and found out I wasnt alone, i was part of a bloodbath. I've seen posts from many people with 10+ year accounts who were banned. We're the people who built that site, and made it what it was. Somehow we managed to be active for over a decade without a problem, but suddenly we all became violators in the same month, and need to be banned.
Now we find out Spaz wants to buy TikTok, AND The MuskRat threatened him. No doubt the threat was that if he had a prayer of being awarded the privilege of buying TikTok, he was going to have to obey, and violate Reddit's foundational free speech mission. The classic Reddit is dead.
He didn't need musk threatening him. He was already killing Reddit with his whole "we want to float it on the stock market so we'd better get rid of all of the good content" fixation.
And frankly he was a shit stain even before that, remember how hard it was to get them to ban CP subs?
Thanks for the warning. Spaz buys tiktok and I delete it. Bout to already, honestly.
I created throw away and many main acts in case one gets banned, I usually avoid the permansub bans with new acts, until much later. So I'm also hearing that reddit links your accounts with strangers, if they get banned all your accounts get banned (( if you commented on any of the subs that the stranger was on)
I contributed to Reddit for 4 years and I got banned supposedly for posting putting down a bull terrier that violently attacked a family member and their was a child in the family,
I have a suspicion that my negative political comments about what is happening in Government may have been the real reason
All my friends that were on Reddit have been banned they are all good people with views
No free speech on Reddit it will gradually die
It's weird how they allowing Sinese to promote himself, he acts like hes weirdly a Veteran, just because he was in the infamous movie, of course he's a Republican around the same time stewart was supporting vets. I was saying he was virtue signalling so hard.
Either you die a hero or lives long enough to become the villain...
Appears to apply to companies, too
It's always been ridiculous to me that what is essentially a forum has shareholders. That's why I left Reddit during the app debacle and haven't looked back.
Reddit had shareholders before their IPO, they just weren’t public shareholders.
...who'd have guessed that these decisions were shit. Not the community who told them each time, again and again, right?
Fuck you, Reddit
Surprised r/Nintendo isn't just straight up nuked.
Came over during the great 3rd party app API debacle. It didn't even make the list. Am I old now?
I did the same long ago, but I did go back to reddit. I wish I'd learned my lesson at the time -__-
This and I already missed the old reddit when they banned porn from /all. API debacle was the last straw when I called quits.
Full AI moderation is what killed it, it was liberally and indiscriminately banning people last month with the slightest indiscretions
Once a company becomes publicly traded it always gets worse. Once the shareholders are closer to the executive compensation packages than the customers/users it is all downhill. It is like clockwork.
Might take a year, might take 10, but the result is inevitable.
Pump and dump
Yeah this is one of the obvious faults in capitalism.
The same thing will happen to Apple and Costco eventually.
at this point Elon should buy it too, drive it to ground like Twitter.
Huffman needs exactly 0 help to run reddit into the ground. He's been doin' it for years.
It's actually kinda nice that he's not going full nose-dive straight into the ground. Getting a steady stream of users is better for Lemmy's culture, than a full exodus event, imo. It gives us a chance to not be reddit, but something better.
This would actually be a great outcome.
While most people would likely move to Digg v2.0 (I am just being realistic), this will help fuel growth in the threadiverse. And at any rate, the major instances would simply not be able to handle 1 million MAUs immediately moving to Lemmy.
Digg is excited about "AI" moderation. So, they're gonna be going the route of banning users for wrongthink just as Reddit did. I don't think it's going to be that popular.
It could also just turn it into another nazi mouthpiece, and make getting information out to people even worse than it is now.
Meh. I joined Reddit in the original great Digg exodus, I'm not going back.
While most people would likely move to Digg v2.0 (I am just being realistic)
Are people actually going? The only thing I've heard about it (the AI-fueled reboot) is that it was planned.
and it will invite all the trolls, racists and right wingers with it.
I don't like that solution because that means Huffman walks away with a golden payday instead of losing it all.
Maybe he'll get bored with retirement, have a mid-no-life crisis and the resulting breakdown will generate some interesting news stories.
I'm not sure why anyone would ever buy Reddit stock. There is no money to be made in Reddit. They failed to make any money before they went public, and they're failing to make any money now.
They tried the whole NFT thing, failed. They're trying to sell the data to AI companies but once that's sold they can't sell any more of it because the benefit of Reddit data was historical data unpolluted by AI, but new Reddit data is polluted by ChatGPT posts and is therefore worth less.
It's not even about banning people, it's about the fact that Reddit was never a sustainable business model from the start, at least not in the traditional capitalist sense where you're actively trying to make a profit to please shareholders.
The only benefit to owning Reddit stock is if you have voting shares and can manipulate the algorithm to benefit you in some way. Suppress some voices, amplify others to back what you want to do etc. but you need money to burn in order to achieve that because you aren't going to be making money directly by owning Reddit stock and manipulating public opinion takes time.
It’s not even about banning people, it’s about the fact that Reddit was never a sustainable business model from the start, at least not in the traditional capitalist sense where you’re actively trying to make a profit to please shareholders
If they'd been stalwart about banning automation and keeping original, legit human content pure, they probably could have used it as a fountain of fresh data for AI, for polling, for engagement farming, and for promotion.
The site was still growing even despite the admin induced atrophy. But they just couldn't resist killing the Golden Goose.
I disagree that Reddit would gain in value over time if they kept banning automation, because it is increasingly difficult to avoid AI-generated material polluting your dataset, no matter how much you avoid automation and try banning it. Inevitably, some AI-generated material is going to get in.
It's a problem in two ways:
I am firmly of the belief that sites like Internet Archive will be some of the most valuable companies in the AI space, because they hold an immense amount of untainted data created prior to 2019.
the mistake was allowing mods to have too much power, and admins to become mods.
its only use now is a propaganda machine, much like X is now, or it will be soon like X.
They’re permabanning everyomangionene who says anything good about Luigi Mangione, who is literally the greatest hero of the year in America, if not the decade. What did they think was going to happen?
Seems like putting your efforts behind censoring and banning your user base while simultaneously trying to give a pass to a facist oligarchy is a bad idea. That's the thing about oligarchy, it's a small club and if you weren't already in it, you're not going to be any time soon. Facebook and Xitter don't want to share the money from ads and adversarial state\private actors
This is basically it. It is just harder to run a fascist oligarchy these days. People are way too connected and are sympathetic to other people from other countries. The propaganda can only go so far.
Reddit has very weak leadership in my opinion.
I wouldn't be betting on them, especially when their user base is going to want them to stand up for them and the Elon fiasco shows Spez won't.
It's a tinderbox before the next large Reddit protest happens again and more niche communities splinter off to the fediverse.
I think I linked to it before here months ago but Reddit won't let mods go dark without prior authorization. The mods basically gave up any means of meaningful protest outside of leaving by capitulating during the API revolt.
The mods that didn't capitulate were forcibly removed
Powermods also control dozens of subs each.
I’m fairly certain they misled investors on their last earnings call. I noticed some banned accounts suddenly had their ban lifted right before the call, and then reapplied right after.
On the last investor call, they said they had a lot of returning users. This was after their election ban hammers, and prior to the Luigi ban fest.
Can’t wait to see how they try to spin things on the next one.
Ha
Ha
HA.
inhales
Good. I got banned just today for "inciting violence" then when I asked what I did they couldn't tell me. Musk pressuring spez into harsher moderation is probably part of why I was actually banned. I followed every rule but was active in left wing communities and it seems that's enough to be deplatformed under the trump regime.
I mean, with all the censoring and pandering to Musk, allowing for entire bot swarms to the point it really becomes obvious it's happening - who could have predicted this?
That's right, kids. Allying yourself with fascist tendencies in any way, shape or form will hurt you in the long run. Just provide the damn service people are looking for and stop playing god, trying to use your platform to shape opinions and censor statements you or your buddies don't like.
lmao, they tried to suspend my account for "harassing" a scam post.
I got in trouble for “report abuse” as I reported every post for sexualizing minors in a sub dedicated to a certain musician/OnlyFans model “in their prime” aka before they were 18.
They 7-day banned me for 'encouraging violence' for saying I didn't think Mangione deserved to go to jail for what he did. I appealed it and it was lifted, but not before it was upgraded to a permanent ban for ban-evasion on other accounts (I've never had more than one account in my 14 years of reddit.) The perma-ban was lifted on appeal too, but by that point I was just like fuuuuck off.
Same thing happened to me. I told a guy to fuck off and got banned for not being nice. I appealed, but before that process completed, they permanbanned my 14 year account. I like that on Lemmy I can say normally uncontroversial things like "Nazi scum fuck off".
i've had various accounts over the years and never gotten hit for "ban evasion". that being said that suspension was my last straw and i deleted my account.
I appealed it and it was lifted, but not before it was upgraded to a permanent ban for ban-evasion on other accounts (I’ve never had more than one account in my 14 years of reddit.)
Reddit has a feature where there helpfully link your account to stranger's accounts. When the stranger is banned from any sub, you are too. But you don't know you are banned from those subs. So when you innocently post, you get perma-banned.
I heard they did that a bunch of other users too, temp ban, resulted in perma ban of other accounts as soon as the temp ban was lifted.
All I use reddit for is porn now, so the ads are really easy to spot. Like if I see someone trying to show me tupperware when I was just looking at goth girls and femboys, I know to keep scrolling.
Reddit Revanced my brother.
Search for Update me app in F-Droid.
No ads and disable all the other unnecessary functions.
Firefox with ublock works too. I've never seen a reddit ad in my life, even on mobile.
Put in a p in any URL to get a slideshow carousel. Great for self-flagellation. Redditp...
A slideshow would be great when my hands are full of toys
I don't doubt it, so I'm drinking my fill while I can.
soon the femboys will be selling tupperware
One man's slowing growth is another man's hardening growth (me, from reading this headline).
Oh no! Anyways, what's everyone's Friday plans?
Teaching my friend's kids about Linux and python, and watching a movie with them afterwards. Probably have a brewski or two.
I’m gonna go to a Mexican restaurant with friends and have a huge Dos Equis with my lunch.
Playing Pikmin 4, gonna stop soon to make eggs and bacon, and watch the movie Heat before it expires off my To Watch list lol
Imma hop on resonite and get wasted with friends.
Not much, just stare at Luigi's picture and droll.
I don't have any yet, I need to work out and go for a run, but after that I'll probably hang with some friends. Maybe have a drink or two.
Watching Star Trek with my pants down
I'm confused, that seems to imply there's other ways to watch Star Trek?
Do drugs. Look at all the content on lemmynsfw. Masturbate.
I have to write an informative speech outline :(
Nothing much. Just messing around on here and playing !Wordle@lemmy.world and !retrogaming@lemmy.world while I'm waiting for my turn at the DMV. If I can find good art of Luigi Mangione flying with a balloon or something, I'll post it my old subreddit.
Might go to church.
With the push to please investors, user experience will likely suffer even more.
Not just investors, but the fascist US government.
Hey cool beans we're the direct result of that! What good news!
I trust reddit as far as I can throw it these days.
So I work in advertising for a company that is top 20 on the Fortune 500. We advertise everywhere including Reddit.
The returns on Reddit isn't even very good. We still spend money there as a pure name recognition play.
As of now, for the company I work for, it's not working.
Running the elevator on the Death Star, eh?
Whatever it takes for me to survive out here.
I heard another forum where people are doing the same as you, they lost thousands of accts because of the purges. It's really tricky now, you have to make sure accounts are legit enough to pass the reddit filters
Its been documented the return per user on reddit is the lowest of all the social media sites. Nobody will run ads there.
Same, only based on VTC do we get the returns. It's not the best platform, but what are you going to do expansion wise else?
Eat shit Spaz. Fuck you.
Shouldn't suprise anyone especially with the recent grovelling before Musk.
I've created this account here today particularly because I found that behaviour absolutely disgusting.
Fuck reddit , its becoming weird being on there ... its feels off , like you're in an uncanny valley not knowing if you are taljing to a bot , a person or a troll
I remember when Reddit threads would have 50000 plus comments on the regular that felt like real discussions where karma kept the assholes in control. The front page always felt full of new things and it felt democratic in a way. In recent years it feels empty, algorithmic, and just kind of sad. Reddit felt like a safe place even with some of the grimier subreddit becoming popular. Now it's just a oligarch pandering Nazi sympathizer platform. I was on there for 12 years and am happy I left it behind.
Sadly i have to be there as its the best place to get news about the place im living in , our newspapers work for our govenment and other channels are usually controlled opposition ... reddit is the most trustworthy (its so ironic to tell you that but it is)
Yes it's not a nice place right now but tye atmosphere is also a bit weird
I saw more and more recent comment authors had the "closed account" icon before they shadowbannned me. A noticeable uptick in the last two weeks. That wasn't uncommon to see before, on comments that were years old, but I saw it more and more.
I think they're using AI to get rid of anyone who's "too much trouble." I broke no rules as far as I know. Didn't glorify violence or bother anyone. But I did talk about politics.
Im watching political subs who are considered radical in the us ... they are much more sterile than this time last year
Reading threads from even 5 years ago makes it painfully obvious reddit is dying. Its mostly repost bots now, and the upvoted comments often have the conversations out of order or have generic fortune cookie like responses.
I just don't understand why a person would choose to invest in Reddit. What exactly is the value proposition here?
They source the data for AI.
However, their owner is a duck so he's prob gonna atrophy users away, so it's not an investment you'd go long on.
I'm so glad it will create and burn ever since they prevented RIF from working for their own ad-ridden version to be used.
6 months after that, they still didn't have tablet support. Absolute bullshit.
I discovered the fediverse because I used Boost for porn subs before the API debacle.
A duck?
Surely people will enjoy pay walled content.
so huffman and the c-suite can dump thier stock, they did it a while ago.
Reddit has proper moderation. As in actual people moderate it. It basically has a lot of content that was verified by 'experts'. And they do it for free.
In the age of bots, fake news and AI generated pages Reddit is a pretty good source of actual facts. Search engines lean on it more and more so it means there's bunch of money in it.
At least that was the plan. If people will stop moderating there because of politics it's worthless.
BUY THE DIP!
I BELIEVE DIGG IS VERY INEXPENSIVE AS WELL!
That's what you get for supporting fascism. Fuck you spez.
Truly hope that worthless fuck meets his own Luigi
You have been banned from Lemmy for inciting violence
I mean why buy shares of reddit? What is it doing? It's alienating users.
Literally every single change reddit has done in the past few years has angered the user base, and the bot accounts increase day by day. Go to any niche subreddit, like one for a movie series, show, video game, etc. You will see a ton of "what's your opinion of X or Y?" And it's always such a weird choice of words, and it's clearly just a bot farming engagement to inflate numbers to shareholders.
I still use reddit, but I never post or comment. I strictly do that on one of my Lemmy accounts. And every few months, something will happen to make the experience worse. Like now, the frontpage "hot" sorting is broken. Just a bunch of zero up vote posts on weird subreddits I forgot I was subscribed to. Now I can't really get the news like I used to on reddit. It's broken, and there is tall that it's a result of Elon meeting with spez to talk about moderating the surge of Elon/Teslur hate.
Fuck reddit, more niche communities need to come over here, because I'm so tired of having to go through reddit to fine things I'm interested in.
It was going downhill since they got rid of the woman who was running AMA
Yeah remember that being an inflection point where I stopped being excited about updates and started dreading them.
Yeah why is the question never "how can we make peoples lives better?" its always "?whats the profit margin"
Good. As shitty as they've been and as hostile as they've become to their own users, I'd live little more than watching the entire damned things crash and burn. More (but still not very) likely though is them desperately selling off before it completely self destructs. Of course if they do sell it, whoever they sell to will likely either make things worse or just shutter it. Most likely they'll stay the course and continue hemorrhaging usefulness and thus popularity.
Any way you read the cards Reddit is in a tailspin that they seem unwilling to do what is necessary to pull out of. Which is to say, they're too stubbornly idiotic to reverse their stupid, stupid changes and make a more open, user friendly, and community friendly platform. And I don't see Spez being that smart.
All the people that ruined the site will get a nice golden parachute. The C suite doesn't give a shit what the company actually does. They are there to make sure the important investors get a return on investment and that is it.
Oh the executives will be fine. I already hate them, no worries.
There’s still plenty of blood to drain out of that corpse, just like facebook. They’re a punchline to anyone who knows the internet, but a staple of boomers now. Thing is, shoveling ai slop with ads to ignorant boomers has proven to be quite profitable.
Probably turn into Y/A answers before shuttling the site completely.
I wonder how long until they ban porn. That'll kill it dead for sure.
Idk, I doubt the advertising partners really have a problem with reddit porn. This dip is likely a reflection of the article linking reddit moderation policies to Elon Musk (absolutely hilarious that he's so toxic to stocks he's killing other people's companies now). I don't think this is even a reflection of a drop in users yet,
People left Reddit during the election. The new left pushing the Luigi good narrative just got spanked and migrated here, and the others that took issue with the retarded policies of the Dems and Republicans were also banned. Basically Reddit pissed off everyone regardless of where they were on the political spectrum. They're fucked.
Tbh I think X has the market corned there.
literally one of the 2 reasons I haven't quit reddit completely (the other being I'm slowly deleting all my comments)
I mean. Elon Musk is exerting control of the platform too. Do you really want THAT shit in your cereal?
And my Reddit account is now gone, I nuked it.
Fuck Reddit.
No surprise; It's seemingly all bots arguing with other bots now anyway.
Lol suck shit reddit. Rot in piss you won't be missed!
It might be at least a little missed for all the useful info and history that it had accumulated over these decades... But oh well.
They shat this bed they get to lay in it
for all the useful info
Recently, I've been questioning how useful the reddit info actually is. I've been lurking in multiple subreddits related to things I'm actually quite knowledgeable at, and the amount of times I've seen people asking questions and getting absolutely bogus answers that were highly downvoted was just... concerning. Not to mention how often the correct answer was heavily downvoted for absolutely no reason. That's when I realised - hey, maybe redditors aren't that smart after all? I can detect the bullshit for the things I actually know, then what about things that I don't? Should I trust them?
Not to mention that to get the info you want, usually you'll have to get through a bunch of shitty jokes, going off topic, rants and even some "totally-not-sponsored" comments.
You're noticing that Gell-Mann Amnesia.
I looked it up yesterday because I kept seeing it in an Angela Collier video title and I realised that despite watching the video and re-checking the info several times, I could never remember what Gell-Mann amnesia was, and that was too ironic to be allowed to continue. So this time instead of looking it up and going "ooohh, that's right, okay, nevermind", I went, "okay, now repeat it to yourself until you're sure you won't have to look it up again".
Thank you for saying it. Reddit still has a pocket in the public conciousness that its still the 1st place to go for answers. It isn't and it hasn't been for a loooooooooong time. Not just for the reasons you say, but severe tomfuckery with what they show to SE indexing bots. Most of the links that lead into Reddit are shady as fuck, rarely lead to any good information, and are clearly bubblesorted up in the search algos for mysterious reasons we can't know in specifics. I did hardcore SEO for 2 years so I have at least a spidey-sense that there's major shenanigans.
Good, hopefully spez will get what's coming to him. He really ran the site into the ground.
He will get a golden parachute if things get worst.
I think he's ready to pull the cord and stop hearing "fuck you spez" 999 times every minute
Get! Wreckt! Spaz!
I see the fall of big social media into fascism as a big problem, despite the fact that it makes them less popular. The nazis are actively destroying spaces for communication of opposing opinions. They don't mind the medias are harmed by that. The important thing is that what remains becomes a fascist echo chamber. Most normal people won't be able to find alternatives like lemmy, so it makes the numbers of people with opposing views who are able to communicate smaller with every fall of a medium, social or other.
Probably they tried to own the libs. Lol
Far too many bots on reddit. Half the time I wasn't sure if I was talking to a real person.
MySpace will make a comeback.
It currently belongs to Viant Technology LLC, an advertising company that's deeply invested into the AI bubble. Perhaps they'll sell it off after the crash but honestly, MySpace's downfall and sellout is kind of what's wrong with Internet culture anyway so I don't see any benefit in a restart. I'd rather see a complete reset.
Im gonna html code the fuck out of my page. And put my top 5 on notice they better keep their shit together or they are OUT.
And that gum you like is going to come back into style .
And your hair will grow back like it used to.
They banned everyone except castrated Zionist establishment democrats, Nazis and Russian bots.
I was still lurking there but not so long ago it just died. The subs I was looking at stopped updating. There was no point going back.
Hmmm, better push more ads and restrict discussion more
People are so ignorant of it too. Last time I mentioned lemmy as an alternative somewhere on discord I got nearly banned.
cant be all those ban waves can it? feb 12-13th was the start of a massive account purging from the site,a nd you wonder why the engagment fell, leaving russian troll farms mostly intact, plus MUSK constant brigading on the site. remember MUSK is chronically ONLINE because hes on cocaine and ketamine.
by NOV-FEB there were already 3 ban waves, and the luigi+upvote bans was the 5th.
Don’t forget Molly cokeketamolly. It’s a Bay Area classic
Community oriented websites have no growth potential once you've mined the community.
Of course Reddit is just doing a lot of things to sink community engagement so this is just par the course.
coffin_dance.mkv
Suggit
