The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.
Good, Reddit has no place in the stock market and no amount of enshittification can save them from this fate.
The value of Reddit is the content which it is able to create. If users aren’t free to create content, there is not value.
remember the first purges in 16-17’ when trump was in power, GOP started complaining about online spaces hosting these “violent, illegal” activities, and subs got banned asap. now again, musk is complaining about the same thing.
It certainly was what people drove there. That doesn’t make money. The only value that counts for the bottom line is the data ultimately for marketing purposes. And the reach and trust that makes it great to sell shit.
It’ll also be a great propaganda vehicle. Which might be worth even more in the current climate.
Anyways Reddit is dead. It ran far longer than many thought. But I think the cadaver won’t stay fresh long enough to be eaten.
I think many of the tech giants are becoming scared. Because it might be a bit of hassle to just use another platform ultimately it’s fucking easy to migrate and the when the momentum is there it can go pretty fast. No one really needs Amazon or Facebook or Reddit. And people really are pissed off. Fuck them. All these valuations for tech are just ludicrous when in the end the main driver is selling people shit more effectively.
forums are still alive and kicking, to certain niches though, not an "news/politics aggregate site like reddit. FB has enshittified itself when they went soely distributing russian propaganda intentionally, also require much more aggressive Data mining to sign up for the service, similar tow hat Glassdoor has become for job hunters.
Fuck Reddit.
Good. I got banned just today for “inciting violence” then when I asked what I did they couldn’t tell me. Musk pressuring spez into harsher moderation is probably part of why I was actually banned. I followed every rule but was active in left wing communities and it seems that’s enough to be deplatformed under the trump regime.
Oh yea the generic “site wide ban message doesnt even tell you what the violation was” i think it gives reddit arbitrary and vague reasoning to ban you.
I really hope the company burns. It became everything it used to make fun of since Spez took over.
Holy shit, me too.
They said I threatened violence because in a thread about Putin potentially being sick, I said I wished he had a painful slow death.
Apparently even bloodthirsty dictators get to have their poor feelings protected by Reddit.
Fuck Reddit! I’m just gonna abandon that shit platform
you got brigaded by pro-russian bots, and yes russian backed trolls do mass report people too.
I had two main accounts. My oldest account got permabanned for a joke about Nick Fuentes. After his address got doxxed and he pepper sprayed a woman who rang his doorbell back in December of last year, I said “hey as an incel he should be happy that the ladies know where he lives now so they can share a cocktail with him”, and I added a cartoon gif of a Molotov. It was obviously a joke, but they said it was “promoting/glorifying violence”. I ate the bullet on that one because they were technically right, even if they were a bunch of humorless twats.
My other account got banned about a month ago when I up voted a comment that was just a picture of Luigi Luigi (the Nintendo character) smoking a cigarette. Again for “promoting/glorifying violence”.
Elon Musk is a weak little crybaby and Steve Huffman is a pathetic coward.
sounds like you were part of the ban waves going on. there was one around the election, another around DEC mid, we noticed because reddit was extremely quiet of all propaganda for like a day or 2.
Wait… What?
Sure, the first example is understandable.
The second!? WTF!?
Yeah they’ve come out and said recently that even interacting with any content or comments that could so much as be perceived as being related to Luigi Mangione is a violation of Reddits policies against promoting violence. People have been getting warnings that their accounts are in danger of being permanently banned just for visiting certain subs. Not for posting. Not for commenting. Not even for voting. Just for visiting.
Truly out of 1984.
basically the thought police.
Idek wtf i said lmaoo. Atleast you got told you were deplatformed for daring to disagree with the regime. I just got shown the door. This place seems much nicer though.
a ludicrous ban, is when i got “temp banned for report abuse” turns out if you report too many people who have spreading misinformaiton or lies, you get automatically flagged. the community is keeping the trolls in check, while mods and reddit admins sititng on thier asses of selective moderation.
and we know certain subs, are owned by a few power mods. LEO controls multiude of mods about crime and law subs(this includes the videos subs). askdoc is probably the only sub/medical is correctly moderated, they do it to prevent pseudoscience/ misinformation, one time after '16 election, someone try to analyze Hillaries facial movements as having some kind of stroke(the mods shut that down very quick)
The excuse to ban someone over reporting will never not be hilarious to me. Like dawg, sorry were making you do your fucking job and improve your site.
Well, I had enough of this bullshit, and together with news that Reddit’s CEO was pressured by Musk of all people to curb dissent, I just deleted my accounts.
Bye Reddit.
I’m 100% a Lemmee guy now
Harsher moderation followed by a bot farm the richest man payed for to report every account that is critical of Nazis.
I’m not even kidding. At this point the amount of comments on Lemmy that I’ve read that had 10+ year old Reddit accounts banned for “inciting violence” is crazy. I was one of them a few months ago. Told a dude denying a Nazi salute was a Nazi salute to “go to hell where Nazis belong”. Was banned within an hour. Permanent and IP/Metadata banned. Instant response of “no” to my unban request.
This is not a unique experience either. Leave reddit like it’s the plague. Digg died because of bad decisions. Reddit seems like it’s gonna become 4chan but for the mainstream. I don’t know if it’ll die. I think they’re purging anyone that has leftist profiles.
2nd richest, many people believe mr PUTIN IS, AND he does have the largest troll farm in existence(which is the reason why many countries in the mess they are right now. and Musks master is putin, since hes likely funded twitter purchase, musk have been seen with one of putins propaganda chiefs in qatar right after it was bought.
I’m just sad that I’m leaving all the marvel and action figure collector communities i was apart of behind. But yeah I don’t plan on going back. It’s gonna become infested with nazis sooner or later anyway.
Yeah that’s probably for the best. I say this with no judgement as a former WoW addict. It’s the time to do shit in the real world and get organized to resist these Fascist. Hit up PSL (Party for Socialism and Liberation) or DSA (Democratic Socialist of America) in your area. If anything it will give you a social life on Friday/Saturday (usually when they have meetups for PSL in my experience). PSL in my area even organized child care during meetups/protests.
Also, your local SRA (Socialist Rifle Association) if you have one. Basically the only place to train with a weapon that isn’t filled with MAGA hats. But they have literally been overwhelmed since November so might have to deal with hogs in another course if you’re interested in that. Again, depends on your location.
That’s my experience trying to explore real life anyway. Your path might be different. Plenty of mutual aids to join. Lots of local organizations of any kind our leading the charge to resist ICE. Depending on your location that might be a Mosque, Synagogue, Church, Temple, etc. (Thats one of the main reasons they now legally allow ICE to raid them. Which is FUBAR.) Find out what works for you in your area.
You’re probably right. I’m already armed so I’ll probably check out some groups. I’ve been meaning to link up with some irl left leaning groups. Shouldn’t be hard since I’m not far from Chicago.
Absolutely. Good luck comrade
Thanks !
I was Permanently banned for harassment because I asked a mod why they banned me.
Mind you, I’d ask, and they’d mute me for a week straight instead of just pointing out what got me banned.
lol I pray for their downfall; this news pleases me.
Some mods are in cahoots with the admins, so they can just exaggerate the seriousness of a report and get people banned.
I’m fairly certain they misled investors on their last earnings call. I noticed some banned accounts suddenly had their ban lifted right before the call, and then reapplied right after.
On the last investor call, they said they had a lot of returning users. This was after their election ban hammers, and prior to the Luigi ban fest.
Can’t wait to see how they try to spin things on the next one.
They can just count all them bots as active users. Much like twitter
Reddit is kinda dead it now
Well played. Take my upvote.
Hey cool beans we’re the direct result of that! What good news!
I trust reddit as far as I can throw it these days.
I’m not sure why anyone would ever buy Reddit stock. There is no money to be made in Reddit. They failed to make any money before they went public, and they’re failing to make any money now.
They tried the whole NFT thing, failed. They’re trying to sell the data to AI companies but once that’s sold they can’t sell any more of it because the benefit of Reddit data was historical data unpolluted by AI, but new Reddit data is polluted by ChatGPT posts and is therefore worth less.
It’s not even about banning people, it’s about the fact that Reddit was never a sustainable business model from the start, at least not in the traditional capitalist sense where you’re actively trying to make a profit to please shareholders.
The only benefit to owning Reddit stock is if you have voting shares and can manipulate the algorithm to benefit you in some way. Suppress some voices, amplify others to back what you want to do etc. but you need money to burn in order to achieve that because you aren’t going to be making money directly by owning Reddit stock and manipulating public opinion takes time.
its only use now is a propaganda machine, much like X is now, or it will be soon like X.
It’s not even about banning people, it’s about the fact that Reddit was never a sustainable business model from the start, at least not in the traditional capitalist sense where you’re actively trying to make a profit to please shareholders
If they’d been stalwart about banning automation and keeping original, legit human content pure, they probably could have used it as a fountain of fresh data for AI, for polling, for engagement farming, and for promotion.
The site was still growing even despite the admin induced atrophy. But they just couldn’t resist killing the Golden Goose.
the mistake was allowing mods to have too much power, and admins to become mods.
I disagree that Reddit would gain in value over time if they kept banning automation, because it is increasingly difficult to avoid AI-generated material polluting your dataset, no matter how much you avoid automation and try banning it. Inevitably, some AI-generated material is going to get in.
It’s a problem in two ways:
- The vast vast majority of data on Reddit has already been sold, so you can’t rely on that data for future revenue
- The remaining data that’s current is polluted by AI and is therefore worth less than the historical data because the more AI pollutes your dataset, the more likely it is to lead to Model Collapse, where an LLM is poisoned due to unverified data generated by other LLMs
I am firmly of the belief that sites like Internet Archive will be some of the most valuable companies in the AI space, because they hold an immense amount of untainted data created prior to 2019.
Except AI companies are already using data from Internet Archive wholesale with paying them a cent.
Gee, that’s too bad. It would be a real shame if that piece of human garbage Steve Huffman lost everything. A crying shame.
Sadly I’m sure he already has a golden parachute prepared.
They all cashed out after the IPO. They’re probably laughing at the bag holders right now.
There may still be lawsuits, however. There are still many ways that he could lose a lot of what he gained.
🤞
I think you mean presidential pardons
i remember spez and his c-suites dumped the stock a while ago.
He’ll cry his way to a trophy home and yacht
Ewww
Lets keep this about Rampart.
Heve Stuffman
Greedy pigboy flew too close to the sun.
I too want to board the schadenfreude train. Choo choo. Fuck u/spez
Would he not have already sold most when they went public?
He will exit filthy rich way before that. That’s the point.
Daily reminder that Reddit automatically gathers your data.
If you still have a Reddit account, change your privacy settings right now :
its pretty given, seeing as how they are using googles recaptcha technology, and OPEN AI to allow access to data/content, plus its useful for troll farms from russia in general, since its allows targeted propaganda messaging.
specifically REDDIT like google as recaptcha v3, which is a more spyware-ish where it records your acitivty on the site to “looking for botting” behaviour.
Shouldn’t suprise anyone especially with the recent grovelling before Musk.
I’ve created this account here today particularly because I found that behaviour absolutely disgusting.
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Removing the messages option and instead replacing it with their stupid DM chat system, even for modmail
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Stating that later this year they’re going to introduce walled off paid sub-reddit
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That live stream nonsense they had a couple of years back
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Their A.I. answers integration
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Censoring users who mention ‘eat the rich’ and the name Luigi
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No longer allowing moderators of their own sub-reddit to change a sub’s status to NSFW (after the protests, obv), now requires admin to do this for them if the deem it appropriate
…who’d have guessed that these decisions were shit. Not the community who told them each time, again and again, right?
Fuck you, Reddit
Surprised r/Nintendo isn’t just straight up nuked.
Came over during the great 3rd party app API debacle. It didn’t even make the list. Am I old now?
This and I already missed the old reddit when they banned porn from /all. API debacle was the last straw when I called quits.
I did the same long ago, but I did go back to reddit. I wish I’d learned my lesson at the time -__-
Full AI moderation is what killed it, it was liberally and indiscriminately banning people last month with the slightest indiscretions
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I left Reddit today. I’m not looking back. I’m absolutely done with these organizations that bow to fascist whimsy and demands. Pathetic stuff from Steve and the admins at Reddit. I hope their stock tanks and they lose their ass.
Reddit banned me for saying mean things about Elon and I’m not going back. Good riddance.
Same reason I left. Why hang around to get yelled at by bots about “living in a liberal Reddit echo chamber” WHILE the entire site is sucking fascist dick the entire time?
I remember when I got banned for saying that hey maybe it isn’t hate speech to say that Israel shouldn’t murder children.
Israel has killed more women and children than any other demographic. They have committed a genocide and the US president has called for an intensification and expansion of the genocide. Even going so far as to say he wants to ethnically cleanse Gaza.
“You have been banned from r/worldnews for antisemitism and hate speech.”
I was chasing in R/pics that the OP was barking up the wrong tree about Gaza, blaming of course Biden but no Republicans ever
WTF. It’s israel’s right to murder innocent people! /s
Everything he does basically invites people to say mean stuff about him.
Perhaps he could just stop doing those things? Thinking out loud here,
Can I get a “fuck Elon the Felon” my fellow netizen?
Yeah I made the jump a while back with the API thing, welcome
I got banned in 2022 for hate speech against Cops. Ive been lurking with libreddit.
Did you know many subs are controlled by former and current Leo. Justiceserved, legal advice, publicfreakout,etc
If you like rap, or well, even if you don’t, listen to Death of a Constable by Brian Ennals and Infinity Knives.
Hey fam, I’m another Reddit refugee. I heard Lemmy is what Reddit was back in the day. Sad to see Reddit go to hell.
More or less. There aren’t as many bots, and everyone is generally aware of traditional Internet etiquette (i.e. don’t be an asshole). Lemmy also feels as homogenous as early Reddit: college-educated white people in western countries.
I started joining forums back in the late nineties and I’ve learned every place on the Internet is in flux. Things always change. Back in the day, stuff would happen like we would lose hosting because someone got sick of running a niche phpBB forum or the moderation team would change. When social media kicked off, changes were driven by money. Facebook was a big gaming platform in my college years (Farmville), which feels completely foreign to today’s Facebook.
The smaller the community, the more stable it is. Some of those 20-year forums still exist, albeit in a much more diminished state. If a site/platform gets popular, that’s when things can change quickly.
Lemmy has already changed since I joined and I’m sure it will become something different in the future.
Sync for Lemmy feels just like Reddit is Fun (RiF). So good
I used to use RiF and loved Sync for Lemmy too. I just wish the developer would fix the bug for posts showing unread! It’s completely stopped me from using the app for something like 6 months now.
What do you mean my that? Like, your own posts or those of others?
Not sure I’m seeing that on my side. Could be wrong tho
It depends on the version of Lemmy that your instance is running. My account is on sh.itjust.works which upgraded Lemmy versions a few months ago. Apparently it changed a parameter name that keeps track if a post has been read or not.
So on Sync, you can click on posts, but they never show as read. It’s super annoying, so I went back to Voyager.
Welcome! I came in with the blackout a year or so ago, it’s been fun to see more people show up over the months!
If it makes you feel any better, Reddit is and always has been shit. From their “fake it till you make it” days to the “narwhals and bacon” and then the RealFeelz™ community make-believe. It’s the people that made it what it was, the platform has always been a steaming loaf of shit.
edit: Oh wait, how could I forget the ViolentAcrez days. The LARPing mental case that had 300 accounts and VPNs before most knew what that was, and spent his entire LIFE trolling until he got found out by his employer who very publicly humiliated and fired his ass. The same fuckwit that Spez partnered with to run all kinds of scum subs like JailBait, etc. Reddit is shit, made by shit people. Good people accidentally found it now they’re leaving.
Edit… Oh what else? I was literally there before commenting so let me just see if I can pull from the steaming shit pile of reddit experiences I’ve had over the decades…
Does anybody remember her name? I want to say … S… Sahaya? Sahasha? I could be way off the beam so don’t let those guesses mislead you. There was a female who represented herself as a massive pillar of the community and posted almost 50% of the content. I and a few other people meticulously tracked down the fact that she in fact was an online marketer acting in a stealth capacity. The more savvy and experienced users at that time, remember this was like 2002-4(?), we could see through the ruse based on the pattern of her posting. Literally within 10 minutes of revealing the truth about her, she vanished, never to be seen again. So yeah literally the entirety of Reddit was a giant advertisement at first.
What else now? Let me have a few more bowls and I’ll see what else I can recall.
Reddit was killed by spez. RIP. Long live Lemmy! Hopefully it’s insulated from meddling by venture capital.
Politics are hotter than old Reddit, but I guess that goes with the times.
The “federation” aspect is pretty different in a good way. You see a lot of integration with Mastadon, for instance, as the Fediverse is trying to integrate with itself, and each Lemmy instance is like a little fiefdom with its own flavor and subs, whereas Reddit was always more of a monoculture.
Feels that way to me. I wasn’t there like at the very beginning, but was able to be in a few small subreddits turn big. Some turned to shit, some turned okay. Lemmy/mbin a.k.a. threadiverse seems like it was before my time I started with reddit
deleted by creator
Who told you these lies? Lemmy took the bad parts and called them features.
I just don’t understand why a person would choose to invest in Reddit. What exactly is the value proposition here?
so huffman and the c-suite can dump thier stock, they did it a while ago.
Surely people will enjoy pay walled content.
They source the data for AI.
However, their owner is a duck so he’s prob gonna atrophy users away, so it’s not an investment you’d go long on.
I’m so glad it will create and burn ever since they prevented RIF from working for their own ad-ridden version to be used.
6 months after that, they still didn’t have tablet support. Absolute bullshit.
I discovered the fediverse because I used Boost for porn subs before the API debacle.
A duck?
