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.
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.
Good, Reddit has no place in the stock market and no amount of enshittification can save them from this fate.
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.
He’ll cry his way to a trophy home and yacht
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 can’t even think of a time in history where someone was a huge piece of shit in America and “lost everything.” Maybe R Kelley, P Diddy, and Bill Cosby? But only for the time they spent in whatever rich guy jail they got to go to and then they were fine.
Elizabeth Holmes comes to mind. She manoeuvred herself into a position of wealth and power by defrauding other rich people and got herself 11 years in prison for it. That’s 11 years more than most other rich scumbags get.
And that just goes to show:
The only time rich people are held accountable in the US, is when they fuck with other rich people’s money.
He will exit filthy rich way before that. That’s the point.
It’s always been ridiculous to me that what is essentially a forum has shareholders. That’s why I left Reddit during the app debacle and haven’t looked back.
Corporate social media was a mistake. Genuinely, I lay a lot of why the state of the western world is the way it is at the feet of Zuckerberg and his peers.
Same. I’m not sure Lemmy is any better tho. I know, I’m a hypocrite.
It’s not owned by a corporation and doesn’t sell your data or use it to feed an algorithm. So yeah I’d say it’s a lot better.
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.
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.
They’ve banned all of the good people that made up the site. I used to do Secret Santa. For 10 years! And I had mothers thank me for making their kids holidays. And they banned me. Because I made a death joke about how old McConnell was. Dude looks like death walking. Prove me wrong.
I was a good user. Dark humor isn’t hurting anyone. Reddit will die. Just like every other popular site.
Once a company becomes publicly traded it always gets worse. Once the shareholders are closer to the executive compensation packages than the customers/users it is all downhill. It is like clockwork.
Might take a year, might take 10, but the result is inevitable.
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.
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?
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.
Apparently Elon Musk pressured them into Banning people, and they just went along with it which tells you everything you need to know
Let’s pick a day and everyone short it
Fuck Reddit.
Everything they touch dies
Reddit is kinda dead it now
at this point Elon should buy it too, drive it to ground like Twitter.
Got banned over there a month ago, came here hoping to find something of a Sonic community in the same vein as the one over there (very involved in that fanbase, did a lot of my discussion on reddit), has not materialized yet, not enough fans over here, hopefully that changes at some point. I thought at first that it was the open support of Luigi’s alleged actions that got me banned, I could be ok with that, I get it, supporting violence and whatnot, I broke the rules, and they were sensible rules more or less, but the longer I look at the current happenings over there, the more suspicious I am that it was because his name came up at ALL, multiple times. That’s annoying. That feels less justified.
Also becoming more and more glad it happened when it did. Lot of overt, fascist appeasing censorship going on over there. Like it’s not even subtle. There’s no ambiguity in it, it’s just “this post criticized or disparaged Musk or Trump in some way. (Removed from Reddit).”
Any criticism of conservatism is grounds for removal now. I can’t believe it’s gotten this far.
Is there any Sonic community on Lemmy? Did you make one? I’m a casual fan, but I’d join.
i love it that TROLLS and conservatives ever though right wingers were ever censored. no, almost any one the “left” was censored in most medias.
I haven’t used Reddit since the api change but I suspect stating that Luigi mangione is a hero who did nothing wrong would get me banned on Reddit. Social murder is completely cool and ok. But actually killing the man who oversees the system of social murder? How dare you!?
it got worst after that api apocalypse, which culiminated into musk/luigi , it became increasingly harder to
