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Had a call with Reddit to discuss pricing

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Re: Had a call with Reddit to discuss pricing

#361

Post by miki123211 »

This feels like it's all priced for AI companies, TBH. This per-request pricing makes a LOT more sense if you assume that one particular piece of content will only be requested once in your company's history, saved on a server somewhere and used for training forever. You're not paying for a request being processed, you're not even paying to offset any advertising cost, you're essentially paying for the ability to use the requested piece of content forever. Maybe that's what Apollo should do, set up a huge cache layer and proxy all requests for the public data through there? I feel like the power law would apply here, so 80% of the requests would be for 20% of the content. Considering how popular the most popular subreddits are, I wouldn't be surprised if the balance was something like 99-to-1. Cache misses would still need to be fetched from the API itself, but that should drive costs down massively.

If the ToS allow this, the cache layer could even be shared across apps from different developers (developers supporting both iOS and Android might have an advantage here), making the costs even lower.

Re: Had a call with Reddit to discuss pricing

#362

Post by dgacmu »

pcurve wrote: post #185

I have no idea what the actual cost incurred by Reddit is, but they're asking for $0.24 for 1,000 API calls. (basically fetching content) Does anyone have a ballpark?

Ballpark: depends how you want to depreciate servers but under a penny.

They're not charging for cost; they're charging ad revenue replacement for users using apps. It's pretty clear in the way the Apollo costs would be about $2.50 per month, which isn't that far from the $7/mo for reddit premium.

Re: Had a call with Reddit to discuss pricing

#363

Post by s1k3s »

alpaca128 wrote: post #345
s1k3s wrote: post #200

Reading the comments in their announcement thread[0] reminds me of the "I'm leaving to Canada" from the Trump era. I'm sure they did the math and I'm sure Reddit will be just fine. [0] https://old.reddit.com/r/apolloapp/comments/13ws4w3/had_a_ca...

Switching to a new trendy online platform is very, very different from migrating to another country and all that comes with it. It takes a few minutes at most. Imagine where Meta would be now if it hadn't just bought up all competition from WhatsApp to Instagram.

Of course it is, yet people still stormed social media claiming they'd do it.

Re: Had a call with Reddit to discuss pricing

#364

Post by julienb_sea »

alfalfasprout wrote: post #169
eatsyourtacos wrote: post #142

Reddit is getting destroyed by tiktok for casual news/random videos etc. I was a huge reddit user over the years, but now I only go there for a handful of very specific subreddits. That's really it's only use anymore. It's great for that, but they are probably seeing massive decline in usage. And the moment they basically kill 3rd party reddit apps is the day I barely touch it again.

I can't really agree. The curation on reddit just far, far better outside of the super generic frontpage subreddits. Tik tok is 99% garbage content.

My experience is the opposite. TikTok curation is incredibly efficient at honing in on the content niches that appeal to you. My TikTok feed feels very personal, I regularly interact in the comments and find some truly insightful discussions there. Reddit is a totally random mess of crap that I used to like. The manual curation of subreddits feels outdated and a pain compared to TikTok's ability to "organically" bring me to content that I am interested in at the moment.

Re: Had a call with Reddit to discuss pricing

#365

Post by maximinus_thrax »

jjulius wrote: post #356
activiation wrote: post #298

Earlier quoted context omitted.

Old.reddit.com isn't too bad

The question is how long it'll be for "isn't" to become "wasn't".

I actually want that to happen, it will probably be the thing to finally make me kick my reddit addiction.

Re: Had a call with Reddit to discuss pricing

#366

Post by kaszanka »

I wonder if the official smartphone app uses the same API as the one exposed and documented for third-party apps. It's my understanding that it does not because the unofficial app I use (reddit is fun) lacks some features, so just borrowing the official app's key and putting it in RiF is out, but surely it would be possible to adapt a FOSS app like Slide to quack like the Blessed Official App and let the arms race begin, no?

Re: Had a call with Reddit to discuss pricing

#367

Post by mjr00 »

IAmGraydon wrote: post #343

Without a doubt, this is another step in Reddit's demise. It will really go into freefall when they go public later this year, after which I'm certain you'll start seeing more intrusive monetization. The window just opened for someone to develop the replacement. It will rip itself apart over the next few years and all 52 million users will be looking for a new home. Reddit's product is authenticity. Monetization is t…

> It will really go into freefall when they go public later this year, after which I'm certain you'll start seeing more intrusive monetization.

Yep, and with more intrusive monetization comes stricter content controls. Once Reddit bans NSFW content -- which is "when" not "if" at this point -- it's going to lose its relevance as a platform.

Re: Had a call with Reddit to discuss pricing

#368

Post by TechBro8615 »

Apollo is such a quality app that I had to delete it because it was so addicting.

Good riddance to Reddit. The only sad part is there is no clear successor ready to take its place for the minority of subreddits that host real communities and serve as a useful distribution point for information.

Personally I think the developers of the top Reddit apps should get together and develop their own backend that clones the Reddit API endpoints but hosts the content on federated instances. Just cut out Reddit corporate - what value are they providing when the bulk of content creators are using third party apps to browse and create content?

Re: Had a call with Reddit to discuss pricing

#369

Post by go_prodev »

Banbeck wrote: post #171

Well, looks like this is the end of any social media use for me. Reddit was already hanging by a thread for me. Not being able to use Apollo for this will be the last nail in the coffin.

Just out of curiosity, what do you plan to use for news/entertainment instead? I don't use Facebook, and generally alternate between HN and Reddit whenever I need a break from work and don't know any other good options.
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