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Reddit's Aggressive User Bans, Superficial Engagement and Monetization at any Cost (znetwork.org)
submitted 4 days ago* (last edited 4 days ago) by to c/reddit@lemmy.world
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This article looks at Reddit as a "comment economy." Beneath the rhetoric of community and information sharing, the platform's economic incentives favor conformity, reaction, endless engagement, and compulsive commenting over independent thought, meaningful discourse, and the exchange of knowledge.

Reddit’s revenue ultimately depends upon the creation of, extended attention to and the scrolling through of massive amounts of comments. This produces advertising opportunities, data value, repeat visits and valuable user engagement metrics.

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[–] [S] 2 points 2 days ago (1 child)

The article I posted actually documents how corrupt Reddit is. For example, the two founders faked profiles and postings on a massive scale to make the site seem viable when it first started. It's a site with no integrity and social vison. I think other countries should just do what China did - major American sites are blocked so that Chinese sites can dominate in China. Why should the Japanese or Koreans use American sites? They can create their own and generate wealth for their own economy. Google and Zuckerberg and the rest do not care about Japan or Thailand or China...

Anyway, thanks for the feedback. The guys who run Reddit are such screw-ups I have no doubt they will destroy the site.

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  • [–] 1 point 2 days ago*

    The article I posted actually documents how corrupt Reddit is. For example, the two founders faked profiles and postings on a massive scale to make the site seem viable when it first started.

    That's pretty standard for an internet startup for that time. That's a "we'll worry about the consequences later" SOP that has only become stronger in the current climate.

    It’s a site with no integrity and social vison

    They still allow some disgusting shit in the name of free speech, on the adult content side of things. As a public company, a lot of that is likely to be done away with in the coming few years.

    Why should the Japanese or Koreans use American sites? They can create their own and generate wealth for their own economy. Google and Zuckerberg and the rest do not care about Japan or Thailand or China…

    No idea, but the nature of reddit makes it hard to monetize. I don't think there's a financial case for all those countries to have their own link aggregation type social media sites.

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