The enshtification of reddit has reached a head.
Understand that Spez is so out of touch he even managed to piss off gigantic pacifist nerd-communities like r/startrek to leave and switch over to the open source side! These subs inevitably take dedicated users and quality memes with them. The users and mods create the value. Honour to you and your house Lemmy. Qapla'
It isn’t even about the API drive out anymore of why I’m not going back to Reddit. It’s the CEO though and though
Because the goal was never to get some kind of fair price for using the API. That's why they priced it at "Fuck You."
Ultimately what they want is for people to stop using 3rd party apps entirely because 3rd party apps either don't show advertisements, or they show advertisements that give ad revenue to the developer.
They want everyone using their app because the valuation of tech companies directly correlates to the number of eyeballs they can serve ads to. Old.reddit will be next, and I bet they'll try to start blocking ad blockers after that.
Next thing you know, we’ll be hearing that Huffman has hired Linda Yaccarino to be the new CEO….
Haha! Yeah, fuckin' Linda, amirite?
Should I know who Linda Yaccarino is?
I don't understand why the CEO thinks this is some 4D business move. This is not the first time most of us have transitioned like this regarding social outlets. There must be records and archives proving that it is unwise to treat a community as negatively as it has ...... because it's too easy for internet folk to just up and move to a new place of interest. Time is wrought with soo many examples:
For those of you who are ancient, there were the bad days of AOL and Yahoo, and then time moved on with ideas like social networks and board systems like 4chan. But how did they not know? Just look at what is in store for future Reddit by heading to the front page of Digg.
For one, I mean, look at this sad, sad, sad thing! Further, have you wandered to see Myspace...... not sure who that audience is, but hey, to each their own. Hell, I can assure you that most of us only keep FB to keep some contact with family and old friends. I suppose the root of what I am saying is
I literally made a reddit account a few days before the hullabaloo started, specifically to buy advertising on reddit.
I stopped advertising on blackout day for moral reasons regardless, but it also seemed like it just overall wasn't worth it in general. And, my observation of the ads I see as a user has been that they aren't at all tuned to what I would be likely to want, or constructed so I'd be likely to click on them. Some platforms I have to consciously avoid clicking on ads or scroll past them deliberately when my natural tendency is to click on them. On reddit it's just weird nonsense that I want to scroll past anyway.
In short, my brief experience with reddit ads made me conclude that it's probably a waste of money anyway.
I would assume that almost all clicks are from people on the mobile app accidentally tapping ads while they try to scroll past them, because they're in the main feed. So click quality being garbage doesn't surprise me.
This was my experience. Almost every ad I clicked on was a mistake; either I thought it was a real post and wasn't paying close attention, only to navigate away in disgust, or I clicked on it purely by accident. I had like 50k+ karma (to give you some idea of much I used reddit) and might have honestly clicked an ad once.
Reddit ad targeting is a joke and I dont even understand how. How can they not tell what my interests are when I've literally subbed to them? It's the easiest targeting set up in the world and they still can't make it work.
This is a most excellent place for technology news and articles.
