- cross-posted to:
- technology@lemmy.world
- technology@lemmy.world
- cross-posted to:
- technology@lemmy.world
- technology@lemmy.world
Reddit CEO Steve Huffman has hinted that in future some subreddits could be paywalled, as the company seeks to devise new sources of income.
He suggested that the company might experiment with paywalled subreddits as it looks to monetize new features. “I think the existing, altruistic, free version of Reddit will continue to exist and grow and thrive just the way it has,” Huffman said. “But now we will unlock the door for new use cases, new types of subreddits that can be built that may have exclusive content or private areas, things of that nature.”
This is another move likely to anger Redditors. While the platform is a commercial enterprise, its value derives almost entirely from freely offered user content. That means Redditors feel at least some sense of ownership in a community endeavour, so the company needs to tread carefully when it comes to monetization at user expense.
That dude is really trying to kill his own platform, isn’t he?
Quarterly reports demand that line go up.
The line must always go up.
It’s kind of indicative of how bad the web has gotten that twitter and reddit still have users. Digg completely imploded over much less than this. Just that back in 2010, there was somewhere else to go.
inb4 Lemmy. I get it, but we’re not there yet.
Taking lessons from Elon.
Maybe they need to charge users a monthly fee and add blue check marks. Lol
So Reddit gold?
Wasn’t Huffman singing Elon’s praises after the Twitter purchase?
He pointed at Twitter’s “success” after Elon took it over as reasons why he is enshittifying Reddit. That comment is why I left Reddit and haven’t looked back.
I remember that too, but am not that sure…
Oh yeah, he did! https://www.nbcnews.com/tech/tech-news/reddit-blackout-protest-private-ceo-elon-musk-huffman-rcna89700
Doing right as his role model!
Ooh, I wonder if he’ll sue all the users that left Reddit to join Lemmy.
Lot of wishful thinking in here. Fact is, Reddit isn’t going anywhere.
It was wishful thinking when people revolted for 3 days against the API going away. What happened? Nothing. People were back to Reddit as normal a week later. Reddit’s userbase has only grown since then. People will complain to the ends of the Earth but there’s no amount of abuse you can levy at the them that will convince them to make the minor inconvenience of moving to a different platform. See: Twitter.
How many of them are real users vs bots though? It’s easy to inflate numbers
Lemmy’s largest userbase growth of all time, ever, happened during the reddit API fiasco.
Did some people leave? Sure. Any actual significant portion? No, not even a little.
There’s also no correlation between creating a Lemmy account and completely quitting Reddit.
Yes. More than a little. It was a huge event for lemmy. Did you think the entire reddit userbase was going to switch in one week? Reddit didn’t get their userbase in one week. It’s a process. Now there is a well known alternative to reddit. Everything in reddit looks shittier than it was before the exodus. It’s nearly impossible to become a ‘new user’ on reddit and with the rando-bans they keep giving out they are just going to keep shrinking.
If you’d like to post evidence that contradicts my source, please do. “Leaving” for a few days doesn’t count.
I was not discussing anything to do with “switching”, I was discussing users leaving Reddit.
Reddit has over 1,000,000,000 active users per month. Lemmy has about 50,000. The API fiasco was a big deal for lemmy, but it was not a big deal for reddit. Lemmy is a rounding error to them.
I would also bet that a lot of lemmy users still visit reddit for their niche communities. I know I do, even though I host a server for my own niche hobby, but I’m the only one who’s ever posted anything to it.
What will likely happen is the worst assholes will be the ones paying for this stuff, much like Xitter, because it is a demonstration of being a part of the alt-right, ultra-capitalist in-group.
He’s trying to make money, he doesn’t care about the platform or its future. The Boeing’s CEO during the two 737 MAX crashes had to resign… with $62.2 million in his pockets. These people live in a different world.
https://www.ft.com/content/522fab9c-34f2-11ea-a6d3-9a26f8c3cba4
Short-term gains > *