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Reddit valued at $6B on a $250M round

reuters.com

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Re: Reddit valued at $6B on a $250M round

#331
post #257

Reddit is exactly one drama away from zero valuation. Hero to zero like digg. Just way too much diverse communities under one roof that don’t really fit with their corporate need to be PC

Reddit has weathered countless dramas over the last years without noticeable negative after-effects. Basically, once or twice a year they get some outrage, shed the outermost layer of bullshit and that's it. And since it's almost always either far-right stuff (t_d, chimpire, incels, greatawakening, pizzagate), morally obscene stuff (jailbait, watchpeopledie, gore, deepfakes), discriminatory stuff (fph, gendercritical…

The fact that you can name that many controversies off the top of your head kinda proves my point though.

Only a matter of time until they get hit with a big freak wave one, or they severely mishandle one

Re: Reddit valued at $6B on a $250M round

#332
Reddit essentially gets users addicted, then surrounds them with what appears to be an environment driven by a kind of democratic consensus (everyone can vote!) but which is actually very tightly curated and edited toward political and social ends. This is so sinister.

You don't get that valuable being a popular platform for link-sharing and comments. You get that valuable by wielding an appreciable amount of power over a large group of people, which Reddit unquestionably does, and then making that power known to other powerful people who have available capital. If you can't continue real growth, gather power instead, and the growth will be artificially infused into your organization instead (like YouTube).

The things Reddit's home office decides to promote to the top of the front page versus what gets insta-buried starts to make a difference in how people think. That's the true malignancy of social media: it warps minds with fictitious, intentionally curated peer pressure.

Addiction-first UX design plus frequent "thinking past the sale" on important issues (Reddit posts usually treat only one side of an issue as though it's the obvious foregone conclusion and work from there), and add a few artificially promoted user comments below, and now you have a company that is able to leverage something akin to peer pressure toward its own private ends. "Not only are you supposed to like X and Y in polite society, but all of your friends already think that. Don't you?" Facebook has been doing that for years with the fake "your friends liked the pages of Walmart and Pepsi" messages.

There needs to be an easier way to talk about how some companies wield entire generations full of hormonal young people and that they can, will, and DO use them to create social upheaval at will.

Edit: typos

Re: Reddit valued at $6B on a $250M round

#333
post #63

Reddit is an intentionally designed dopamine machine with some areas of usefulness. There are pockets of great, high signal communities on Reddit that have not been unbundled. Discovery, however, is a mess. Some examples of some great subs: - HomeImprorvement is great for repair advice - Keto was helpful in my weight loss journey - Posture for, well, fixing my posture I've also bought and sold various digital and phy…

>But the main, core "Reddit experience" as algorithmically produced by r/Popular is a complete dumpster fire. It's the noise of the entire internet, jam packed into a webpage. So many low quality posts and comments that encapsulate all the negatives about "internet culture". There's no room for thoughtful discussion and discourse on the majority of the site, just shitposting and low rung commentary. Just jumped onto…

Of course. People here automatically think 'corporations and products' when they think of marketing, but it's WAY more interesting to doctor and manipulate the literal state of the world through political propaganda, and there's a number of actors including some real big ones putting huge effort into exactly this.

Marketing cameras and boner pills pales in comparison to what can be done if you're trying to get your enemy's citizens to literally murder each other in the streets and get your geopolitical rival to fall over dead. The power of essentially mass marketing through brigading, seeding propaganda, and controlling the discourse is enormous.

That's what you're seeing: this new form of warfare, and the aftereffects of it as ordinary Redditors react to what's being put out there.

Selling products just isn't as important.

Re: Reddit valued at $6B on a $250M round

#334

Earlier quoted context omitted.

Could you not argue that HN is the same thing, just at a smaller scale? HN is essentially just a front page. Reddit just doesn't tailor itself to one particular type of discussion like HN does. But rather the dominant topics of discussion such as /r/funny frequently dominate the front page due to popularity. Reddit is really what you make of it and if you only subscribe to topics that interest you, it becomes a vastl…

In terms of features and intent HN is similar to Reddit. But HN is miles and miles ahead in the quality of discussion, moderation, and diversity of thought and opinions.

But how would that protect from bots if they took a meaningful interest in manipulating HN?

Re: Reddit valued at $6B on a $250M round

#335

Congrats to them big time. It seriously doesn't get the recognition it deserves as the most impactful social media platform. To me, Twitter, TikTok, Facebook, and other social media today is less about connecting people and really about driving targeted and calculated impressions of X to audiences via a user's feed. This is astro-turfed to feel organic and botted to death by everyone because of how much influence it…

> what I find awesome about reddit is its ability to connect people and really have group conversations I am a redditor for 7 years and that was true early on. Today it is not. You can connect and have group conversations only if you subscribe to a certain dominant political and cultural narrative, walk on egg shells, and toe a line. If you don't, you are swiftly downvoted and banned. There is no escape from this eve…

yeah as 14yr redditor, sigh can confirm.

Anything remotely political creates too much work for mods, who in turn ban first and ask questions later. Eggshells are sometimes not enough.

Re: Reddit valued at $6B on a $250M round

#336
post #327

Earlier quoted context omitted.

Search a topic through multireddit and you’ll often find users collection of related subreddits on a given topic, e.g. DIY https://old.reddit.com/user/patrick_k/m/diy/

I get a page not found error from reddit

Ah, I've set it to private.

A better way is to look through a list of public multireddits:

https://old.reddit.com/r/multihub/

Start with a topic that interests you and work from there.

Re: Reddit valued at $6B on a $250M round

#337
post #295
post #63

Reddit is an intentionally designed dopamine machine with some areas of usefulness. There are pockets of great, high signal communities on Reddit that have not been unbundled. Discovery, however, is a mess. Some examples of some great subs: - HomeImprorvement is great for repair advice - Keto was helpful in my weight loss journey - Posture for, well, fixing my posture I've also bought and sold various digital and phy…

> Reddit is an intentionally designed dopamine IDK, yes dopamine gets triggered but much less than with the typical suspects out there. I find many of reddit subs quite helpful tbh, you check them out, comment, upvote, submit and leave again. It's just bothering that one company could monopolize the entire forum space. They did a good job but yeah, one company to rule them all isn't good.

Reddit's the one social media place I retained after deleting Twitter and Facebook, and I'm now asking why.

I think it's because it reminds me of Usenet. It's writing text posts, and typically not getting much of a reaction, and possibly some sort of direct message: a limited ability to track what I've put out there, how it went over, who responded. There's a sort of vague resistance to certain nasty brigading and abusing tactics that would otherwise really control the place, and there's a huge proliferation of little private interests right down to stuff that's by definition not controlled: if a little teeny sub is just dead it's almost definitely authentic, and not of interest to players who'd want to manipulate discourse.

Everything that's bigger and more effective at really bringing all the little meaningless folks into the discourse, is prey for propaganda use. It's the stuff like old Usenet, where there are places that are NOT IMPORTANT, which is capable of being authentic and to some extent 'real'. I guess it's a sliding scale between that and Twitter and Facebook.

Re: Reddit valued at $6B on a $250M round

#338
post #63

Reddit is an intentionally designed dopamine machine with some areas of usefulness. There are pockets of great, high signal communities on Reddit that have not been unbundled. Discovery, however, is a mess. Some examples of some great subs: - HomeImprorvement is great for repair advice - Keto was helpful in my weight loss journey - Posture for, well, fixing my posture I've also bought and sold various digital and phy…

I used to search around for various forums to post in or find answers in. Over the years, the little forums vanished and all that’s left is Reddit and a few holdouts. The only real advantage of the Reddit model is that you don’t have to read 5 pages of flame war and off topic “how is your cat these days?” to find a good comment. If the average web forum sorted posts by upvotes instead of chronologically by default (w…

Upvotes are dangerous (downvotes even more so): that's how your bots and troll farms control discourse. I guess it's like a sort of Faustian bargain, in order to present anything in a more curated fashion you make available the opportunity to abuse that mechanism.

Re: Reddit valued at $6B on a $250M round

#339
post #80

Earlier quoted context omitted.

Reddit is a company that made people moderate their content for free. You don't need to know sub names to get some use of it. I append "reddit" to probably 1/3 of my search engine queries. Especially useful when looking for product recommendations.

My favorite reddit search result story: I asked a question once on Reddit, got no answer, figured it out on my own, then added my solution to the thread because I've been saved countless times by the guy that does that on the internet and I wanted to pay it forward. A couple years later, I have the same problem and remember solving it but don't remember how, search it and find my own answer. This distils down basical…

Unless it's a non-tech issue, I'd recommend Stack Exchange for those types of things.

The issue with Reddit is that they lock all threads over a year old which makes them a poor mechanism to keep updated answers to questions.

Re: Reddit valued at $6B on a $250M round

#340
post #63

Reddit is an intentionally designed dopamine machine with some areas of usefulness. There are pockets of great, high signal communities on Reddit that have not been unbundled. Discovery, however, is a mess. Some examples of some great subs: - HomeImprorvement is great for repair advice - Keto was helpful in my weight loss journey - Posture for, well, fixing my posture I've also bought and sold various digital and phy…

>HomeImprorvement is great for repair advice You mean /r/YouCantDoItCallAPro The advice and professional subs Reddit devolve into content of "I barely know anything about this field but I can google it as needed" quality. The broader the field and the lower the barrier to "sounding like you know what you're talking about" (home improvement, personal finance, legal advice come to mind) the more this is true. There are…

If wikihow articles fixed your diet and posture it wasn't advice you needed. You could have learned the same things reading a couple low quality reddit posts.
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