901–910 of 1001 posts
I just would like to thank the CEOs of Twitter and Reddit for helping to kill my doom scrolling addiction.
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Look, I'm not the biggest Mark Zuckerberg fan or anything, but I don't think the thus-far questionable business decision to pivot to the metaverse is quite the same level as having an very public mental breakdown and making anti-semitic remarks
I apologize, I should have been clearer. I don't mean Kanye's public antics and statements. I meant his questionable design/musical/performance choices. Mark has lost over $30B on Metaverse supported by a stagnating ad business. Apple just launched an AR product that seems quite a bit better than the Meta options. John Carmack publicly complained about the reasons he left work at Meta which demonstrate a lack of visi…
Digital consumerism is a potential lifeline, as digital products are close to cost free to produce compared to real luxury goods or travel, allowing much higher numbers of people to own them. As people generally become poorer and real consumption grows out of reach, the metaverse potentially serves as a second level of prosperity and success for the have nots in the real world.
Some early examples of this are Second Life, valuation of digital items like skins in games and travel and dining POV YouTubers. I think most would prefer the real deal, but if it's unavailable a fake version can be made good enough.
[1]https://cup.columbia.edu/book/an-all-consuming-century/97802...
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MAU as a figure cannot be a dollar amount, but instead only an integer no? Silly. Maybe you’re thinking of ARPU? Even if the ARPU was an order of magnitude higher, it would still be half as much as Reddit is charging per user to 3PAs. It’s not about compute cost, because compute cost is almost definitely below revenue and the fees being charged don’t seem to have any direct link to it anyway. Compute cost per user mu…
> So even if a 3PA user cost 5x in terms of compute in case of apollo my belief is that it will be much more than 5x it is also not just about pure compute, but also paying salaries.
doubt. the backend was open sourced to dispel this rumor.
> salaries
Salaries are a fixed cost, so not super relevant to API costs given what we already know. ARPU is ARPU. The amortized cost of a user to reddit is below or around ARPU (including R&D), unless they’re making the decision to still leave profit on the table in exchange for growth. However, given recent moves I doubt that.
I think Huffman is falling into a trap that Kanye and Mark Zuckerberg have fallen into: trying to prove he's special. Kanye rose to fame as a young genius rapper/producer/designer and was acclaimed repeatedly. Zuckerberg rose to fame as a brilliant business twenty-something (according to the world around). They spent half their life being praised and told they're important, brilliant, special, prescient, etc. So they…
That's incorrect revisionist history.
Reddit was a large part of the cause for Digg to implode. users had been flooding from Digg to reddit for years before Digg finally imploded. There was an entire series of "digg vs reddit" comics.
Both sites launched within a year of each-other. Digg always had the prettier website, which did a better job at looking professional and attracting users. But reddit had better algorithms for promoting content to the front page and the threaded comment system that attracted in-depth discussions. Digg's algorithms sucked so much that their front page always seemed to be links that had reached Reddit's front page 6 hours earlier.
Though, you might be right about the "trying to prove he's special" thing.
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Ahh yes. The classic anyone who sees any issue with the current state of things must be in line with Nazi conspiracy theorists. Such depth.
Did you notice that I criticised communists that inject politics into everything too? I suppose you do not know what Grundrisse is?
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If anyone is thinking they are bigger than they are it's these mods. Some of my favourite hobbies have been absolutely tainted by people who become mods of a community who put their societal/political/sexual beliefs with equal weight with the actual topic of the sub reddit. Say anything that mildly offends the mods personal beliefs? Banned. Or at the very least, find yourself limited in the role you can play in the c…
The CEO of Reddit (and even the management team as a whole) can be fairly treated as a monolithic block. They generally speak with one official voice. There are thousands of reddit moderators, most of whom have never met each other. You cannot possibly generalize across all of them. See also: Comments about "black people", "white people", "tech bros", or any other large group of humans.
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Im not a fan of how reddit is handling the situation, but: > To push an app no-one ever liked, you know that, but whatever. No-one likes “new” Reddit either, you know that, but whatever. Who’s even gonna use the site after this? Is just not true at all unless you have actual stats to back that up. A ton of people disagree with that take. The site has grown a massive amount since the new design was released in 2018. S…
"Core" user base != tyranny of the majority. Alienating a huge amount of clearly passionate reddit users in favour of Joe schmoe browsing on the train home sounds like a dangerous decision - reddit sti needs all those people who provide the content people browse for, etc. In any case, at this point the bigger issue for a lot of people is just the total disrespect reddit has publicly announced, repeatedly, towards its…
And if joe schmoe browsing the subreddit wants to vote in favor of the blackout, you're naturally gonna count that as a vote of support, even though they're not a content contributor, right?
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Stop pushing the narrative that the mods are the source of the protest. They're just acting on the behalf of the members of their subreddit who are upset at the direction of the company.
I'm sure the truth is a little more cloudy than that. Mods are the ones who can cut off a community (not plain users), no matter what the users think they should do. I bet most users don't give two thoughts either way. Mods in some of the communities I participate did the 48 hour thing, and now have the community set to read-only indefinitely. I don't remember there being voting for former - and certainly not the lat…
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100% agreement with you here. You have one of the first logical arguments for any push back. > figure out a solution that doesn't involve a single dev spending 20m USD a year just to maintain an app that people like Absolutely, I was hoping that would happen when I saw the first Apollo thread(s) a few weeks ago. But Christian took this very personally, and he decided to take his toys and go home. reddit is not at all…
Why shouldn't he have taken it personally? He got 30 days notice from Reddit that they will change the pricing in a way likely to kill his business? With more advance notice he could have investigated ways to adapt his business or tried to lobby politely for a different pricing model. With this short notice he basically was forced to shut down. I do not fault Christian at all for taking it personally, Reddit handled…
It seems insane on Reddit's part. If someone's referring that much traffic to you, choosing to cut them off entirely instead of negotiating monetization of that channel seems irrational.
Then to take an adversarial stance against public outcry as well...Reddit really "hates teh fans."
Tech leaders really are starting to out themselves as Nouveau Riche Narcissists instead of the visionaries they pretend to be.
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Kanye is suffering from mental illness and was off his medication while simultaneously having millions of dollars, adoring fans, and cameras in his face 24/7/365. I think most of us would do something stupid in that situation. I don't really get why you would "despise" someone for being ill.
I doubt most of us would support exterminating people if we were sick, but who knows