I hear you on Twitter, I think the only reason they're not going down even faster is that there are people there who are staying for other people. Facebook has that advantage as well. I don't think Reddit has that kind of specific-person pull, but it's too early to tell.

The Twitter advertising thing comes up in the news coverage because it's subject to quantitative analysis, and because advertising is Twitter's main source of $$$. People can point to dropping ad numbers and say "this is how much worse Twitter is than before Elon bought it." And I find it extra funny that Huffman is using it as an example of how he can make Reddit profitable by trashing it, because Twitter is most definitely not profitable, and no one but Elon thinks it's going to become profitable any time soon.