just so this doesn’t overwhelm our front page too much, i think now’s a good time to start consolidating discussions. existing threads will be kept up, but unless a big update comes let’s try to keep what’s happening in this thread instead of across 10.

developments to this point:

The Verge is on it as usual, also–here’s their latest coverage (h/t @[email protected]):

other media coverage:

  • Luvs2Spuj@beehaw.org
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    1 year ago

    Reddit just feels dirty to me now, not in a good dirty way… Just dirty, I want nothing to do with it. I see no coming back from this even if the backlash leads to Reddit reversing the decisions. Kind of new the IPO would do something like this. Looking forward to seeing this place bloom.

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    1 year ago

    I think this reply by spez has been badly overlooked:

    “the LLM explosion put all Reddit data use at the forefront”.

    What he means here is that earlier this year the board realised they were sitting on a massive gold mine, and their single focus right now is to exploit that as ruthlessly as possible. Jacking up the prices to access Reddit data to eye-watering levels is intended to fleece desperate AI bros, and this may well be the only revenue stream Reddit cares about in the future.

    The fact that they have put no thought or care into managing the damage that this does to third party apps and to their own reputation with the Reddit user base tells me something else too. Why bother being a good custodian of a community website that has never made a profit, when you could live off selling access to one of the largest bodies of good quality human-generated text-based content out there?

    Do they even care if Reddit goes to shit in the future? Maybe not, especially now we are beginning to realise how easy it is for careful bots to poison the conversations with AI-generated replies.

    • James Dreben :mw:@mastodon.world
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      @myk @alyaza “Why bother being a good custodian of a community website that has never made a profit, when you could live off selling access to one of the largest bodies of good quality human-generated text-based content out there?”

      Goes to show how important it is we use FOSS and decentralized tools for real community communications.

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        yeah, and multilingual on top of that, there are content in so many languages on reddit.

    • Ulu-Mulu-no-die@lemmy.world
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      fleece desperate AI bros, and this may well be the only revenue stream Reddit cares about in the future.

      Isn’t it a bit late for that?

      I mean, GPT is on its fourth iteration, they’ve been working on it for years, I don’t know about Bing Chat but MS surely didn’t start develop it only yesterday.

      How can Reddit be so sure “AI bros” haven’t already got the data they needed to train their models?

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        There’s going to be lots of other challengers out there: I’m sure every ML postgrad with any nous has spent the last couple of months contacting every funder they can track down to explain how their model is going to knock the socks off the old fashioned models used by these lumbering corporations.

        And even the established models have been shown to contain content obtained in violation of user licences and copyright laws, leaving them open to all sorts of legal and political challenges. They will all be scrambling now to demonstrate that they’ve got clean hands in future models.

        It will be like the NFT gold rush all over again—the only sure way to get rich is to sell the shovels.

  • tango_octogono@beehaw.org
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    In my opinion, we’re reaching a moment where people are realizing that having lots of users doesn’t matter that much if you can’t monetize them. We took a lot of services for granted that maybe don’t make any financial sense, which probably only survived because both the company and investors hoped that as long you could attract users, you could monetize them later.

    I think that “later” is now.

    Today I noticed that youtube has a new feature that unlocks more bitrate, but only for premium users (there’s two 1080p options, one normal and another with more bitrate). I’m expecting that these social medias and other tech companies will try to monetize us further

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    1 year ago

    I’ve been getting used to lemmy for the last couple days, going back and forth between here and reddit and following what’s going on, and I think I just realized something that I hadn’t been able to put into words.

    The lemmy community feels responsive and fun to talk to, and I think that’s because the people who are coming here from reddit are the people who are motivated to communicate, and are people who care about the topics in each community. That’s pretty cool.

    • DarbyDear@beehaw.org
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      This was the moment that cemented my choice to move away from Reddit. My plan initially was to see how the blackouts would play out, but this showed even more clearly than the initial thread about Apollo’s woes with Reddit just how garbage the decision-making at Reddit is.

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          Remember to check that it stayed deleted. My account rolled back my deletions. Possibly due to “stability”

    • maegul@lemmy.ml
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      Wait what! Things have gotten this bad!? Like, this actually happened? I’m guessing there was no follow up question.

      I mean, it’s either a dumb corporate strategy to discredit or psychopathic behaviour, or, sadly, both.

      • tango_octogono@beehaw.org
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        Yup it did

        Also something weird, when I saw this combo, iamthatis was the first reply. Now it’s way down there, despite the upvotes and gilds.

        I really don’t like putting on the tin foil hat, but since spez admitted in the past that he changed other users comments, I’m calling it, this guy is still messing around with things behind the scenes

          • cactusupyourbutt@lemmy.world
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            1 year ago

            doesnt that require monetary losses?

            sure, he lost out revenue from the spp, but that is due to the api changes and not due to the libel. might be difficult to argue otherwise, but Im also not a lawyer

            • semibreve42@lemmy.dupper.net
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              1 year ago

              In the US, with slander and libel, there are two standards.

              If someone is a public figure, they need to show actual damages in order to be successful, this is the scenario you’re describing.

              If you are not a public figure, then you can sue for slander or libel without needing to show actual damages, just harm to your reputation or similar.

              So the answer on that turns on whether Christian Selig is a public figure or not - I do not know the answer to that question.

              • Petri@sh.itjust.works
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                IANAL but even though their statements are “in public” but I doubt either of them would qualify as public figures - that is reserved for politicians and such.

                That being said, spez here seems to have actually slandered iamthatis. This occurred when when spez claimed that iamthatis was “blackmailing” reddit for 10M$, which incidentally lead iamthatis to post audio recordings proving that spez was lying.

                Maybe I’ve got some of those details wrong, so correct me if I’m wrong.

              • PoopyMcDickles@lemmy.world
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                1 year ago

                Christian is Canadian so the laws might be a bit different. I know a few people in Reddit mentioned that the laws would be more favorable to Christian since he’s Canadian, but I’m not a lawyer so I don’t know how accurate that is.

            • sprocket@sh.itjust.works
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              I think it can be just damage to your reputation but yeah… not sure really 😕

              Any lawyers reading this?

    • Aiden@lemmy.blahaj.zone
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      Reddit isn’t going back. Even if they did I’m sure they just convinced multiple users to not go back. I hope the blackout and tons of users moving will have a big enough impact to devalue Reddit even if somewhat.

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        I predict Reddit backing out, lowering the API price to something realistic, and then everyone forgets what happened, like every other time something like this has happened.

        • Hamartiogonic@sopuli.xyz
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          If they choose to lower the API price after all the 3rd party apps have already been disconnected for a day or two, it’s already too late. At that point the damage is done and there’s no going back

          • goat@beehaw.org
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            yeah but people are addicted and will forget. most users here will eventually return to reddit, that’s just how it works.

            • Hamartiogonic@sopuli.xyz
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              It depends on how much people care about UX.

              Some people don’t care at all. They’re probably very casual users, and the default app is good enough for them.

              Some people care a bit, and they will be slightly bothered by the significant drop in UX and the quality of all subs. These people will probably spend less time, since Reddit is unable to provide what it used to.

              Some people care a great deal and they will be gone by the end of the month. Actually some have already deleted their account.

        • pcouy@sh.itjust.works
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          I predict that Reddit has already lost a lot of users for good. Only reason I’m going back is to promote lemmy over there

        • spicyjimmy87762@lemmy.world
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          I really hope not. Switching to a new platform has made me realize how much I wasn’t being social on a social media site. Because of all the toxicity I was only going to a few subreddits. I’ve already created my first community here in Lemmy and I’m commenting and engaging again.

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        if there can be a coordinated migration to the fediverse during blackout, that’d be the dream.

      • jursed@beehaw.org
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        wouldn’t it be amazing when all of spez’s attempts to make reddit look pretty for shareholders completely fail so they ruined their community for absolutely nothing

      • hi_im_catherine@beehaw.org
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        Yeah I think this is going to be the event that finally causes a critical mass exodus. I mean, digg tried to keep going after the migration to reddit, but it was never the same again. Reddit is dead, it’s only a matter of time until it’s a called.

    • Kissaki@feddit.de
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      Question:

      How do you address the concerns of users who feel that Reddit has become increasingly profit-driven and less focused on community engagement?

      Answer:

      We’ll continue to be profit-driven until profits arrive. Unlike some of the 3P apps, we are not profitable.

      This is where I lost all hope.

      There’d be all kinds of better ways to go about making profit / becoming financially sustainable. This is blatant ignorance and mismanagement, without hearing or seeing anything. Complete mismanagement.

    • BigUwU@lemmy.world
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      I’m doubtful because I feel like the business goons did the math, found the expected profit of killing 3rd party apps and taking the backlash was higher than keeping the status quo, and have committed to the more profitable option.

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    There was a response on the AMA where u/spez said “Reddit would always be profit driven and currently does not make a profit. Unlike TP apps”

    You can no longer see this on the Reddit app, it is obscured in someway. Perhaps because of the potential impact for the IPO?

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      He is essentially saying, “we are unable to make a profit, so our plan is to use someone else’s profit to make money.”

      What I think he’s going for is sympathy points, but he did not read that back lol

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      I would not be surprised if a lawyer jumped in and said that revealing even profitability vs not is something they should do through official channels.

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        He just admitted, just as they’re trying to IPO, that they’re still not profitable. If these third party apps that make up a fraction of their users – their most engaged, active users, by the way – are the difference between profit and loss, they need a better model.

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          If it is true than he literally shot himself in the foot.

          Just like you said if it is true that the “1-3%” of the users that use 3rd party apps (by spez his word) can actually provide a profit for the 3rd party apps and the 90+% that uses official reddit channels still cannot… then they have a very big problem.

          I wouldn’t even be surprised though. His whole demeanor reeks of jealousy and contempt.

          The fact that a 3rd party app was actually featured on the Apple event multiple times and name dropped multiple times as “the” way to use reddit, has to absolutely sting as hell.

          Edit; experiencing some lag ;)

    • setsneedtofeed@beehaw.org
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      Hilarious I can still see it on Apollo. I did notice while refreshing on spez’s comments that on that particular comment his name changed from red (normal admin color) to black, and then a few minutes later red again. I don’t know what it means, but it smells.

      I also noticed the time posted got fuckity on that comment. I’m looking at comments sorted newest on top but the time of that comment is out of order

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    I just don’t get how a site based on freely produced content thst employs volunteer mods can actually monetise.

    That part just gets me. The site has nothing without the users and the users have nothing without the mods.

    • yyyesss?@lemmy.world
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      The thing is, they have operating costs. I’m sure it’s a boatload of money as well, given the size and scope of Reddit. Almost all startups run at a loss. And then continue to do so long past when they’re a “startup”. The money they “make” is from rounds of investors who believe they will find a way to make money in the future. Eventually investors get restless and demand that they find a way to monetize so they can recoup. Without those investors money, the site will come crashing as soon as they miss some critical payments for stuff that keep the site up. I’m absolutely sure that’s what we’re seeing. I think either way, its time has come.

      Pinch the users to try to keep it alive for a little bit more. Don’t pinch the users and it dies in a grinding halt when they miss some key payments.

      • DannySpud@lemmy.ml
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        There used to be a daily progress bar on the front page of Reddit to show if the sales of Reddit Gold that day were enough to pay for that day’s worth of server usage. I recall it usually hitting over 100%.

      • maegul@lemmy.ml
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        So realistically, what would a sustainable business model be for something like Reddit?

        Something like lemmy or a fediverse platform is going to rely on donations and community support. In the case of mastodon, for example, it’s been shown to work well enough for sustainable operations. For those willing to work on something worthwhile for lower salary, it is potentially a great gig. In a commercial context though, it’s basically a subscription based business model.

        If we’re to recover from this ad driven data tracking economy, subscriptions seem like a healthy thing for businesses to adopt.

        Reddit may have already signed their deals with the devil. But generally, the point of the fediverse is to escape this corporate manipulation of our basic communications in the internet, and it’s still interesting to ask what profitable but sustainable operations can look like.

        • TeaEarlGrayHot@lemmy.ca
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          I think that federation will help Lemmy a ton–there will be a lot of small, cheap servers rather than a single extremely expensive one!

          • maegul@lemmy.ml
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            Possibly. I’m not sure how true it is that the fediverse necessarily leads to more efficient computing needs per user. I’d bet it’s the opposite.

            But, as you perhaps allude to, there are other factors. For those who only want niche smaller communities, they can enjoy a more stripped down experience without needing speedy and beefy servers. Similarly, the platforms here are probably slimmer and not bloated with features that are trying to engage and monetise.

            The major factor, IMO, is ownership. Admins literally own their servers. And should have a much closer and codependent relationship with the users in their servers, except in the case of large instances which become different beasts. Additionally, users have much more choice and mobility on the fediverse. All of which means admins/moderators and users have more at stake in their relationship. More ownership over their platform/instance. And therefore actually have a reason to donate and contribute and help out.

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          The interesting thing for me is that the federated system allows for a potentially huge variety of business models, and we’ll get to see what works and doesn’t. Whereas reddit has to stick with just one

        • yyyesss?@lemmy.world
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          You’re right, we don’t know for sure. But it’s a good bet. I’ve been in tech a while.

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            Still, if they’d only communicate this and then use it as a reason for some other strategies for making money (without killing all user choice i.e. 3rd party apps), that would be a much more sympathetic way of approaching the issue.

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        They can always work together with platform developers to make profits. Yet they’re killing the very platform that bring traffics to the site. I can only see greediness here.

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      It’s because of the contract every user has with Reddit. It’s that legal document nobody ever reads.

      • argv_minus_one@beehaw.org
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        That legal document isn’t worth the pixels it’s drawn on. As soon as the moderators leave Reddit en masse, spammers move in, Reddit goes belly up, and the contract won’t change that in the slightest.

        The contract’s entire validity with moderators is questionable, by the way, seeing as how there isn’t any meaningful consideration. Subreddit moderators contribute to Reddit and receive essentially nothing in exchange. For ordinary users, one could argue that you agree to do the things in the contract in exchange for access to and participation in all the content and community on Reddit, but that argument doesn’t work for moderators.

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      The way that guy gaslit the Appolo dev, and doubles down that the Appolo dev is the bad guy. Even though the recording is clear that the reddit ceo is straight up lying. Imaging working with, or having to interact with someone who so easily lies like that. Shameless

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        It’s hilarious really. Christian has the fucking receipts. Spez can say what he wants, but it’s meaningless drivel.

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            To their credit, there were other admins too!

            Collectively, they answered responded to a whopping additional 5 comments!

            I may miss the community, but I definitely won’t miss reddit.

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      It is hilarious to see this happening. Option A, he could have just shut up, released a press statement and waited till this blew over, he didn’t do that. Option B would have been to do an AMA, engage with people and say nice but meaningless things to placate people and do whatever he wants in private, he didn’t do that either.

      Instead he choses to host an AMA, copy pastes canned responses, edits his comment when someone caught it, ditches the canned response when a question is asked about the Apollo thing and doubles down, and finally leaves after answering 14 questions.

      You really can’t make this shit up 🤣

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      Did they ever publish the starting time, or did it just start? It seemed to have happened while I was asleep. Not that I’d have stayed up for it ha.

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    The active mod team of r/videos (nearly 27M subscribers) has agreed that their shutdown will now be permanent. https://reddit.com/r/videos/comments/145vns0/the_future_of_rvideos/

    In a tildes post (I’m riding a lot of horses right now) one of the mods said:

    I know this is likely a symbolic gesture because I’m fairly confident reddit will just kick us out and bring the subreddit back up, but after being on the mod team for over a decade its going to be interesting to see how things even function if they decide to take that route.

    [Edit: just seen that’s there’s a top level post on this too]

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    Wow. Spez is doubling down on attacking the Apollo dev. You’d think spez was new to reddit with the way he’s commenting.

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          Not sure what his responses are going to do for investors’ confidence, given that they mostly show a complete lack of understanding of his userbase, and the reaction to them implies that he’s trying to sell them damaged goods.

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            Again anything public facing is a lie. The rich investment firms know that it’s designed just to try and placate an unruly userbase. Now if something comes of it? Then they’ll care. If the blackout happens I wouldn’t be shocked if there’s wholesame usurpation of the mod teams to reopen the big ones.

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              I fully expect that subs with major frontpage presences are going to get taken over by the mothership and reopened almost immediately. They may even be able to find some poor saps to mod them, at least for a couple weeks until they realize that’s a full-time job. But the smaller subs are what long-time and power users end up diffusing to and what keeps them engaged with the site over time, and those are likely going to be dead or zombies shortly. Any investor putting money into Reddit for any reason other than short-term trading or hoping to be at the front of the line to pick over the corpse in a few years has failed to do their due diligence.

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            I think the way I see it is that the vast majority of Reddit users have no idea that any of this is going on, and wouldn’t care if they did.

            So from Corporate’s perspective, all they have to do is deal with a few weeks of whining and teeth gnashing, before everything calms down again and they can get on with whoring Reddit out.

            Ultimately they’ll end up back in the black again, and making enough money from the IPO to not give the tiniest rats ass about any of this. They’ll sail off into the sunset on a fleet of expensive yachts, and never give Reddit another thought.

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              The people who don’t notice are probably not the people bringing the content or moderating the subs though.

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        It’s all corpspeak. It means nothing except to lie and gaslight users into staying so he can cash out.

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      It’s bizarre to read his comment on that. It’s either psychopath behaviour, or… I just don’t know. I’m not a psychologist. It is worrying though, to see a human in charge of a social company act like that. He should probably be removed by some legal means just for that comment alone.

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        I do not know much details about the internal power structures of a company like reddit, but it seems like this guy seems to be a real liability at the moment. I wonder why he is being allowed to go around doing this.

        Maybe they are giving him enough rope to hang himself so he can be removed from his position in a few days. Firing a disliked manager is a common union busting tactic. If he can be made into the centre of gravity for all the ire, canning him and making some small backtrack could have a lot of people reconsidering leaving reddit.

        Or maybe there truly is no plan…

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        1 year ago

        Pao was used by design to piss people off. They made her CEO and had her implement on the changes they knew would be unpopular with the community, then “fired” her, complete with her own golden parachute.

    • aedyr@beehaw.org
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      1 year ago

      Yeah I think it was too much to hope there would actually be good-faith engagement at this point. It was just more corporate messaging.