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Reddit files to go public

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671–680 of 834 posts

Re: Reddit files to go public

#671
post #619

Earlier quoted context omitted.

I'll give one counterpoint: When did you see anyone on TV mention Digg? Reddit's become mainstream, it's quoted by serious news outlets, joked around on Last Week Tonight (and other politic joke shows), and I'd say it's as likely to disappear as Facebook. Which is to say, surely but very slowly.

I'm sure I saw a mention once or twice on TechTV and/or G4, but that just supports your point.

They got a huge boost from Stephen Colbert mentioning them

Re: Reddit files to go public

#672
post #548

Earlier quoted context omitted.

I used to think this but Ben Thompson changed my mind. This meta verse thing really could be the way we work remotely soon. It works as a working space. It works for companies, it could create good work environments, and companies can afford expensive hardware to get people to work more effecively. Think of the metaverse as a more advanced slack+zoom, not as a Minecraft/Roblox alternative.

I have a project currently deploying a bunch Microsoft Teams Rooms at a client. It tries to create a similar experience in a physical space. People are confused as hell by it — it doesn’t work the way they’re used to / expecting, so they give up within a few minutes and just connect an HDMI cable to the main screen. We weren’t even going to have HDMI as a fallback, but the executives demanded it because they weren't…

This sounds like my world and yes Execs can't seem to reconcile that their personal laptop cannot control a camera linked to an android app on the other side of the room. That's not what they asked for initially, they asked for the one-touch join the meeting crap that the salesman sold them on. Come hell or high water though once they get in the room they want their personal laptop to drive the meeting.

It is infuriating.

Re: Reddit files to go public

#673
post #334

Good! I‘ll go long on them. Reddit is the ONLY place on the Internet where you can simultaneously watch garbage recycled content from TikTok and visit extremely-niche and highly knowledgeable communities in the same session. Heck, I get my HN updates from Reddit now. Facebook/Instagram/TikTok are nothing like this in that the info you get is wholly dependent on your social graph. Twitter has very high quality content…

Reddit has been steadily going to shit. They became incredibly trigger happy censoring anything and anyone outside of the echo chamber there. I still visit it, but I am short on them.

Re: Reddit files to go public

#674
post #605
post #369

Earlier quoted context omitted.

Reddit to me is the kind of thing where monetization methods feel like they run counter to what I consider the main value of the website is. People visit because of the communities, but advertisements and astroturfing erodes that by making the communities more and more inauthentic. The problem is that advertising is where the money is, they aren't going to survive on reddit golds. So it seems like the path they have…

I agree with you in the context of ads, but I do wonder if they could monetise these communities in a more high-value way which plays into their primary purpose. For instance, I am a member of /r/synthesizers, but all trading/buying happens on eBay or reverb.com. Can reddit provide the way for this community to transact in a more high-value/trusted way? Maybe I'm missing something and that is a terrible business.

Main downside is this they already have you as a customer. A lot of these efforts are buffoonish and try to sell you shoes/eyeglasses/appliances after you just bought what you wanted from them.

High value honest and transparent ads can work, like say "Will it blend" or providing field related instructions good enough to essentially be the canon to say synthesier configuration and maintenance.

That is hard and bespoke. Meanwhile crap ads are very easy and adaptable. So long as there is a positive return being a menace or nuisance to the commons can pay. As spam infamously shows.

Re: Reddit files to go public

#675

Earlier quoted context omitted.

Stop taking "the metaverse" seriously, please. It's a rich idiots dream, like a digital Fordlandia. I can hardly blame people for trying to follow trends, because following trends can be lucrative. "The metaverse" is just not the one to follow. It's nintendos virtualboy, vision getting ahead of substance, fixing problems we don't have. If it succeeds at all, it will be a testament to societies ability to bend to the…

Zuckerberg has proven extremely effective at predicting future trends. Look at Instagram and Whatsapp, perfectly timed investments. Zuck has taken long term bets on the metaverse starting with Occulus and now seemingly betting the whole company on it. He could very well be wrong but there are a lot of very smart people at Facebook and on their board I have to think they did some very intensive validation before doing…

I think Zuck has a fantastic understanding of systems and where they're headed...and a negative understanding of human motivation and emotion (outside of their quantified metrics). That's why he's smart enough to understand that FB as a platform has a limited lifespan and to get WA and Insta under his belt when they threatened him, and to know that he needs to come up with something else if he wants to continue to accrue wealth and influence. But at the same time, I think his Achilles' Heel is people acting like the irrational apes we are: If you push someone to hate you enough, they will absolutely cut off their nose to spite you, and this works at the cultural level as well. FB as a brand is culturally 'out' now.

Or, as a kid who played Civ online at the same time he did, I'd describe him as somebody who could win every game of Civ through bug exploits and memorizing the mechanics, but is such a dick about it nobody wants to play with him again and that confuses him.

"If you build it, they will come." Only if they don't hate you, and Zuck isn't doing well in the court of public opinion.

Re: Reddit files to go public

#676

Earlier quoted context omitted.

Yeah while all the big subreddits are nigh unusable, there's a lot of small/mid-sized communities that are an absolute delight to be a part of.

This is a moral conundrum. Yes, some of the smaller sub-reddits are good, but by participating, you legitimize the conflict/fakenews/horrorshow that is the main website. It's like saying you enjoy the trains running on time in Nazi Germany whilst ignoring the rest of what the regime is.

It's not a moral conundrum, and reddit is nothing like a genocidal fascist government.

There are times when I argue that "apps" or sites must be thought of differently than the Internet itself, but this is not one of them. Reddit has no monopoly on hobby chat, or on tiktok garbage, or on local communities, or on news commentary. It is not the same kind of network-effect trap as, say, Facebook.

If ever someone asks me about reddit or if it's useful, I say to stay off any community greater than about 100-150k. Use it for discussing specific video games or hobbies, or on tightly moderated subs with focused discussion.

If any sub has posts from "karma farmers", accounts with super high karma like 500k or more, then it's probably a place worth being suspicious of from either a utility OR an astroturfing standpoint. Lots of agenda-pushing.

Re: Reddit files to go public

#677

The larger subreddits have problems, but Reddit has done a remarkable job of collecting people with niche interests into one area. I wouldn't discount their success and future success (as much as I'd like to). What's odd is they haven't stopped growing. It's just been linear user growth. They could literally do nothing and the site would still grow. It's closer to Wikipedia than a social network in some respects. And…

Everything is moving to Discord. Even subreddits. I finally installed the app yesterday because the Minecraft server I hang out on is down while updating to 1.18.1 and it's the only place to get updates. I had a sense this was happening when I found out several forums I thought died off (while still being up) had just moved the bulk of activity to Discord, but it seems to have accelerated in the last year.

Re: Reddit files to go public

#678

Earlier quoted context omitted.

Genuinely curious...are you old enough to remember Digg and what happened to it? I don't mean that to be patronizing...but I remember being on Digg and Reddit being a weird alternative. And after a series of huge mistakes, almost overnight Reddit was flooded with users and Digg relegated to nothing. It really opened my eyes to how quickly an empire built only on its users can disappear.

(Disclaimer: I used to work at Reddit but left in 2018) While I think you're absolutely right, I think Digg made a number of other missteps with the Digg v4 launch that Reddit did not make. In particular, they shut down the old Digg site to reuse the servers for the new one, a mistake that Reddit was particularly careful not to make. Digg was also already on the way down before their failed launch, and before the exo…

Reddit is on the way down. They may be gaining users, but the platform is a lot less interesting. The quality of content is way down, the spam and clickbait way up, and censorship by dictatorial moderators is out of control. Its a big echo chamber now.

You are seeing a huge demand for more free speech platforms. Youtube is outofcontrol, Google is editing search, twitter is peering over the abyss now that Jack is gone and Reddit is right along them. It may take a while, but in a few years they are going to face steep competition. It may very well be an open source decentralized project like Mastodon.

Re: Reddit files to go public

#679

Earlier quoted context omitted.

Now imagine Zuck being in charge. How could it not be a toxic wasteland? John on Accidental Tech Podcast ( http://atp.fm ) has articulated some pretty solid criticisms. Facebook has historically sucked at hardware. Why would that change? Whereas other parasocial hosts attempt to protect their users, like MMOPRGs mitigating griefing and cheating, Facebook and Twitter amplify and profit from toxicity. Etc.

That is a common social media criticism, "amplify and profit from toxicity". I find the charge vaucous for several reasons. 1. "Give what the numbers say you want." or "Maximize profit * area of instance." are what they actually want. Even if it leads to emergent antisocial behavior it is set by results instead of a goal in itself. 2. The charge itself could be applied to any form of media, and yet there is a blatant…

> 2. The charge itself could be applied to any form of media

Correct. Zuck, Dorsey, and PageBrin just stole the old guard's lunch money. Just like broadcast toppled print, papyrus displaced clay cuniform.

It's an old story. The power elite always seize control of popular communications. Technological progress begets a changing of the guard.

> and yet there is a blatant double standard

By whom?

There is always a resentful cohort moaning about "kids these days".

There is always some cranks (like me) performatively rejecting the whole system. Yesterday's Kill Your Television is today's Delete Facebook.

While the masses keep plodding along, amusing themselves as able, self medicating, seeking some kind of respite from the never ending sting of the human condition. Moo.

Re: Reddit files to go public

#680
I'm a big fan of their monetization strategy. Instead of relying on advanced advertising tracking they use micro-transactions to buy digital goods. It's a lot cleaner and doesn't ruin the experience of using the site.
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