this post was submitted on 15 Jun 2023
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Technology

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hey everyone. if you want to post links or discuss the Reddit blackout, its aftermath, and what's happening going forward, please localize it to this thread in order to keep things tidy! thanks! we'll see if we need to cycle the thread again before the end of this week, but i don't know that we'll need to

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[–] [email protected] 20 points 2 years ago (2 children)

Interesting point about the future of Reddit in that article:

Huffman said, however, that he’d like some form of revenue-sharing.

“I would like subreddits to be able to be businesses if they choose,” he said, adding that’s “another conversation, but I think that’s the next frontier of Reddit.”

The long-term goal is monetization of subreddits. I'm glad I won't be there to see that happen.

[–] [email protected] 7 points 2 years ago* (last edited 2 years ago)

The only long term goal of most CEO is money in their pocket. But some are to dumb, since they often just fall upwards their whole life, so they run their company into the ground.

[–] [email protected] 2 points 2 years ago (1 children)

I think this is where the Fediverse can shine. If a Corp wants to join and host their own stuff, they can, and it will be really clear. Decentralization means that instead of a single broker of the information we can have a range from altruistic to straight up monetization exist side by side. But why some Corp would pay for a subreddit is crazy...I mean, what is the value prop? Companies would have to pay for the subreddit and then moderate it too?

[–] [email protected] 1 points 2 years ago* (last edited 2 years ago)

At least when they were paying for bots and shills there was a modicum of plausible deniability.