Earlier quoted context omitted.
I agree that there is a lot of commercial use of reddit that reddit fails to monetize. I have no idea how much of that is moderation, but it doesn't really matter: restricting API usage is the wrong way to solve this problem Instead, the easy fix is to update the standard ToS to be non-commercial use only and introduce paid plans for commercial use. I'm pretty confident that would be way more lucrative than advertisi…
This is pretty much what Reddit is doing. All the major 3rd party apps fall under commercial usage. The main issue is the price is insanely high for commercial apps. https://www.theverge.com/2023/6/7/23752804/reddit-exempt-acc...
Reddark: Website to watch subreddits going dark
151–160 of 380 posts
Re: Reddark: Website to watch subreddits going dark
#152Earlier quoted context omitted.
Reddit isn’t profitable therefore technically it doesn’t profit from anything.
Do you reckon their C-suite are not waged? (What revenue are they working with?) This is a common issue with discussion of companies, people say "look they're not making any money" just because the company accounts are not recording profits. But if you pay out all your money as C-suite wages (for example) then you have "no profits" as a company but people are certainly profiting. Another angle is political steer; you…
Re: Reddark: Website to watch subreddits going dark
#153Earlier quoted context omitted.
306 members
The thing is, along with all the large subreddits, it's all these niche subreddits that have helped train all these LLM to be able to do the things they can do. If reddit is thinking that their content is king, then closing subreddits that help generate that content is not ideal for them.
Re: Reddark: Website to watch subreddits going dark
#154Earlier quoted context omitted.
what puzzles me the most is that reddit's reasoning for charging money for their API is that "it's bad that other people are profiting from our work and it's too expensive to maintain without someone paying it". hey, guess what? reddit "profits" a LOT from unpaid work from their moderators. if you wanna charge for API access, you should also pay your moderators since you are profiting from their work.
I'm curious: how does Reddit profits from anything? It seems to me the only revenue they seem to have is ads?? But I use it on the web and never seen ads (except for actual posts that are ads, but those usually get quickly downvoted and I don't even see most of them)... I think people who use Apollo or other apps also like to use Reddit on those because, among other things (like nicer UI) they do not show ads (and pr…
Re: Reddark: Website to watch subreddits going dark
#155Re: Reddark: Website to watch subreddits going dark
#156Earlier quoted context omitted.
> If you don’t like the way a subreddit is run then you can make another one, and if you are sufficiently better then people will switch That's much easier said than done - say you don't like the moderation or content of /r/gaming, how are you going to spread the word about your new subreddit? It won't have as good a name as /r/gaming, it's not a default sub so it's more difficult to find, and you might find that men…
You could also apply this for thinking to domain names and usernames on most sites. I’m not sure if I agree or not, but the same system exists there too if owning names by being the first to claim them
Re: Reddark: Website to watch subreddits going dark
#157Re: Reddark: Website to watch subreddits going dark
#158Earlier quoted context omitted.
By this logic, Americans don't own their land, they were there just in time to conquer it. Or I don't own my home, I was just the first person to buy it.
Except that ownership of land, in America, on balance, provides a little more security than, um, "owning" a Subreddit. But hey, I don't know much about Reddit, and I've not followed much of the discussion, but has it not come up yet that Reddit could penalize these, um (again), "owners" for their uprising by taking their "ownership" away and opening back up these Subreddits?
And the US Government has never done anything similar? Heck, they don't even need to be punishing you to take your land, they can just have plans for a highway that will pass through where your house currently is.
Re: Reddark: Website to watch subreddits going dark
#159Earlier quoted context omitted.
what puzzles me the most is that reddit's reasoning for charging money for their API is that "it's bad that other people are profiting from our work and it's too expensive to maintain without someone paying it". hey, guess what? reddit "profits" a LOT from unpaid work from their moderators. if you wanna charge for API access, you should also pay your moderators since you are profiting from their work.
Another thing is that many moderators are paid but by other companies and PR firms. Reddit doesn't see any of it. A lot of the content on Reddit is promotion and semi-hidden forms of advertising. Again Reddit doesn't see any of this spend. In both cases Reddit is paying other companies for using their platform for making money. Why would a corporation pay hundreds of thousands for ads when they could spend tens of th…
I think the situation is the opposite of what people believe is going on. Reddit just wants its biggest profiteers to start paying for what they’re taking.
The changes actually won’t hurt normal users at all. Users somehow don’t understand that this is not about them. The proposed changes are about limiting exploitstion from a handful of commercializing individuals.
Free access to the API is getting expanded, from 60 calls to 100 calls per minute. Developer resources will continue to be protected for non-commercial use. And bots and mod extensions are to remain unaffected.
But yeah, meanwhile regular users somehow think they need a call to action, even though nothing will change for them… except maybe the guy who runs Apollo will kill his app, but not because Reddit killed it. It’s because he doesn’t have the time to rewrite his code to be more efficient.
Re: Reddark: Website to watch subreddits going dark
#16048 hours will not even ding reddit. Do it for a month and it will count, assuming reddit doesn't simply re-enable the subreddits. But obviously the mods here are walking a fine line between pissing off their users and getting reddit to bend over. With camarades.com we had a week long outage because of a fire in EV1's DC which then caused the fire marshal to shut everything down for a week (I don't blame them, but tha…
I don't think the direct losses of the 48 outage will be what matters here.
Rumors are that Reddit wants to IPO later this year. This blackout will put the spotlight on two issues: - Reddit is extremely dependent on the goodwill of the community, especially the moderators who provide an essential service for free. - Reddit is out of touch with its own community, and keeps pissing off the very people their existence depends upon.
If I were planning to invest in Reddit, this would make me think twice.