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Reddit Stock Collapses 23% as AI Eats Away at User Growth
(finance.yahoo.com)
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this post was submitted on 01 Aug 2026
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Technology
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The problem that the current Reddit leadership had was that they didn't want to share power with the stakeholders it had previously relied on to generate growth. Reddit was getting free content, moderation, and even some dev resources. There was a path in which Reddit could have maintained its ecosystem while still being profitable, but spez chose to be like every other social network.
Fuck spez