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Reddit communities with millions of followers plan to extend the blackout indefinitely
(www.theverge.com)
this post was submitted on 13 Jun 2023
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Technology
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But not for me. I'm forever gone.
And if there are enough power users (lots of comments, posts) like me who feel the same, it will have an impact.
There's a HUGE middle ground between "nothing changes" and "reddit goes out of business." As we see with Twitter, you can have a zombie platform that persists but slowly loses inertia month after month.
It's not that Reddit dies abruptly. It's that the platform is wounded now and, without attention, will bleed out slowly over many years.
My goal is to hurt Reddit’s IPO to prevent a capitalisation on the platforms recent string of real world impacts, such as the Game Stop short squeeze and the intelligence leak that happened on a Discord server.
I don’t care if Reddit’s CEO caves in, just so long as Reddit doesn’t get the large influx of capital to prevent the corporation from achieving any larger impact like Twitter and Facebook did in their respective times.
The secondary marketplace to sell your Reddit accounts to bot farmers is very active, accounts are being bought at upwards of $200.
https://www.upvotes.io/sell-your-reddit-account/
The social bots work just fine inside reddit’s Infrastructure without 3rd party apps and/or API data.
Reddit is going to be just another Twitter for the 2024 US election, where the conversation is managed and directed by bots, but pro-democracy based. When that becomes known Wall Street will act accordingly and Reddit won’t be worth much…
$200? Is that all?
At a communications conference last week, a Bloomberg reporter told the attendees that most tier 1 journalists are looking for stories on LinkedIn now instead of Twitter. It’s gone from vital to junk in just a few months. Without its moderators, Reddit faces the same fate: lots of activity, but most of it junk.
Its not the loss of moderators, its the loss of content. If reddit hadn't changed their original self moderation model this couldn't happen. Or at least, not like this.
Moderators are not responsible for making content, they just moderate a sub where others create content. Originally users moderated content on their own.
Pretty funny how reddit's move to authoritarianism has worked against them this time.