this post was submitted on 25 Sep 2023
280 points (89.8% liked)

Technology

59143 readers
2284 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] -5 points 1 year ago (1 children)

It definitely acted as a drag. Every API request was a cost without a way to make money

The real problem is that investors piled into reddit and bloated it into an unsustainable pile of death without knowing how it could make money.

Now they're squeezing it for cash and will slowly kill it as a result. But at the end of the day you can't just have a free open API because websites do cost money.

IMO. The problem is that reddit priced to kill the apps in order to serve your shitty microtransactions and track you to death. They could have had a slimmer site and a more reasonable price for the API, and that would have been fair.

[–] [email protected] 9 points 1 year ago* (last edited 1 year ago) (1 children)

The value was the content provided for free by the people, the company ran ads against that content and are now trying to sell it to AI companies to train their models against.