• Varyk@sh.itjust.works
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    1 year ago

    I just said this yesterday or two days ago when they announced they were going to start paying people for content, but it truly is amazing how Reddit can find another significant thing that will hurt them as a business and move forward with it.

    It seems like they’d run out of things that could significantly hurt their business, they just keep finding something else.

    Soon they’re going to be down to basic features, And they’ll be like hey look so hyperlinks don’t work anymore. And then that’ll be the end of the press release.

    Their “business decisions” are insane right now.

    It’s very difficult to see this procession of self-mutilation technologically in another light other than deliberate corporate suicide. Like is someone going to benefit if Reddit goes bankrupt? Is that what’s happening?

    • TWeaK@lemm.ee
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      1 year ago

      Didn’t they come out and say early on when they firsr introduced rewards that they’d made enough money to cover their server costs for many decades? Whatever happened with all that?

    • HolidayGreed@lemmy.world
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      1 year ago

      It’s all going to plan. A wealthy investor has paid a lot of money to shut down popular platforms like Reddit and Twitter. Knowledge is power and they can afford to, and have the incentive to keep us in the dark. Can’t have us poors rising up against inequality if we have no soapbox to stand on.

      • NJSpradlin@lemmy.world
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        1 year ago

        This has been my thought for a while, since before Musk even finalized the purchase of Twitter. They mentioned wealthy foreign investors backing him near the end of the deliberations, and it immediately clued me in. The working class, or the populous at large, have been using social media to unite and protest for years. Look at Iran and the anti-hijab movement. Look at BLM and how it exploded a few years ago. The ruling class are dumbing down education across the board, and limiting what we can even read from libraries. Disrupting our ability to communicate, share and coordinate is just another step. Why is Musk shooting himself in the foot? What business decision makes sense to gut every aspect of Twitter and then prevent outside viewers from seeing tweets? He’s killing it. And Reddit’s doing the same.

        What was Twitter? An extremely popular and multicultural, border breaking venue for communication? What was Reddit but a (by and large) progressive and intellectual community sharing ideas that mattered? (On top of feel good stories or something to get your rocks off to.) Then look at Threads, where they explicitly stated they’re going to avoid politics and news? Not letting those topics be part of the discourse. It’s obvious.

        Places like this are shrinking and are absolutely under attack.

      • DragonAce@lemmy.world
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        1 year ago

        I’ve played with this idea in my head on several occasions. It does seem rather insane how all social media sites are self destructing and making business decisions that are questionable at best. Given all the uprisings across the globe in recent years, it would not surprise me if there were various investors and governments who would pay good money to destroy those platforms. Also the sudden and complete self destruction of both Reddit and Twitter right as we’re about to head into the 2024 US presidential elections, seems rather suspect as well.

        The other idea I’ve been considering is that both Musk and Huffman are raging malignant narcissists who are throwing a massive childish tantrum and burning it all down simply because the users on their sites made fun of them.

        • can@sh.itjust.works
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          1 year ago

          Whichever ends up being true Musk and Huffman are raging malignant narcissists regardless.

      • wwaxwork@lemmy.world
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        1 year ago

        I’m leaning into the theory it’s someone in power in Saudi Arabia. A member of their royal family is heavily invested in Twitter, owns shares and fronted Elon a big chunk of money for Twitter and they would surely like to crack down on social media in pretty much every middle eastern country, what with those pesky women protesting by not wearing their hijabs and protests and riots happening over there in the past decade. The first thing they do when there is trouble is shut down twitter, shutting it down permanently makes things easier for them.

        • cynar@lemmy.world
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          1 year ago

          It fits with existing patterns depressingly well. The issue is, it’s generally very subtle.

          E.g. Murdoch once even admitted on camera what he does. He “suggests” what he thinks should happen to politicians. Those that either agree, or follow his “advice” start getting negative stories about them dropped from his papers etc. Conversely, those that disagree get their positive stories dropped more. Once a few politicians have had their careers ended by it, most of the rest fall into line, it’s only minor favours. Until it’s not; and all the previous favours suddenly risk looking very bad in the press…

          No laws broken, no overt threats given, but the more it happens the stronger it becomes. It eventually helped cripple BBC news, in the UK, among many other problems.

          Reddits behaviour fits this pattern too well. Something has been offered in the background. Initially, it was for small favours, but it’s now reached a tipping point. I suspect they are hoping that they can fire sale the whole user driven system (everything must go [at once]). People fatigue on the constant news, and there’s nowhere new to flow and reorganize.

        • AnonymousLlama@kbin.social
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          1 year ago

          Hard to prove that type of stuff. It could just be incompetent leadership but it’s starting to feel like it’s something more given how many back to back missteps they’ve had recently.

    • Raven FellBlade@sh.itjust.works
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      1 year ago

      Yeah, actually. This has completely derailed what has historically been a powerful platform for progressive and leftist movements going into a US election cycle. Same with Twitter. Meanwhile, the MAGA propaganda machine at Meta chugs along unfettered.

      I can’t see any other motivation. There is certainly no economic incentive to run either business as they have been, but running the companies into the ground as a means to control or destroy opposition communication platforms definitely makes sense.

    • Tetra@kbin.social
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      1 year ago

      Reddit is overall quite left leaning, with a lot of its communities being some of the biggest hubs for lefties on the internet (antiwork comes to mind, all the LGBT subs, majority of the big politics subs also heavily lean left).

      I don’t think it’s that crazy a “conspiracy theory” to say that this could be intentional sabotage. IMO it’s what’s happening with Twitter also, I think the alt right is paying big to take down left leaning social media so they can control the flow on information. I know Musk and Spez are profoundly stupid but I don’t think they’re stupid enough to genuinely believe in their recent business decisions. I think these decisions make a lot more sense when viewed through that lens.

      They got officially fact checked a few times and that put the fear of god in them, since their whole schtick relies on ignorance.

    • gsa32@lemmy.worldOP
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      1 year ago

      Reddit’s incompetence is so mind-blowing it’s unreal. Even a crackhead can manage Reddit better than spez