• db0@lemmy.dbzer0.com
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    6 months ago

    Isn’t it wild how when a traditional social media terminally enshittifies and a mastodon alternative is poised to take over, there’s always a new VC-backed alternative popping up? Happened with Xitter/Mastodon/Bsky, now with Reddit/Lemmy/Digg

  • Pregnenolone@lemmy.world
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    6 months ago

    I’m reasonably certain they’re missing some internal revenue targets because advertisers are expressing concern on where their ads are showing up.

    Reddit thinks they need to censor the “front page”; as this is where the vast majority of users are. If you saw the their commentary around their earnings, they said they were struggling to convert unsubscribed users to subscribed users, meaning most of their monthly active users aren’t curating their feeds.

    So as a result they’re policing people’s ability to get “inappropriate things” (see: wrongthink) to the front page.

    Unfortunately what this is likely to mean is that users who have commitment to Reddit leave, while low-commitment users stay.

    Given that the majority of comment is low-effort memes anyway, I’d say Reddit don’t mind if the “smarter” users leave.