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Reddit is in danger of a death spiral (www.zdnet.com)

submitted 1 year ago by doophy@kbin.social to c/news@kbin.social

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Can Reddit survive as its volunteer workforce close down subreddits and walk away from the site in protest at the management's new policies?

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[–] doophy@kbin.social 0 points 1 year ago (1 children)

Well said. Boosted and upvoted... whatever those two things mean. Internet points to you, good sir!

I'll edit to add that the main thing you point out that I think most fediverse folks want to avoid is the investment that leads to the IPO bag of cash. When the incentive is profit, I think social media can only ever get worse for the average end user. Keeping these things small and non-corporate is great in theory, but who pays for the servers and other costs when/if it needs to scale?

[–] GizmoLion@kbin.social 0 points 1 year ago

There's still a big difference between making money to survive, and the insane cash grab that was this new API pricing...