this post was submitted on 12 Jun 2023
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somebody else pointed this out, but it's honestly bizarre he's going in on the "we aren't making any money" ploy in preparation for the ipo
what's the pitch to the investors? "please by shares in this unprofitable company, in the hope that we can become profitable by pissing off our userbase"?
In Reddit's defense (I'm team Apollo, for the record), it is a legitimate concern to become profitable. But drastic changes that infuriate the community with little time to adapt is very questionable. It's weird to me that Reddit just blindsided Christian like that after he's had many years of good collaboration with them and always showed good faith. I feel like there would have been a lot of more beneficial alternatives. From how they responded to the community outcry it's clear that they want to ban third-party apps without downright saying it.
Reddit could have charged the actual lost revenue plus a reasonable mark up. Then the 3rd party apps could have survived on a paid subscription basis, and Reddit would've made more off those users than if they'd moved to the official app.
Now a bunch of them, like us, are jumping ship instead. It was a dumb business decision. And this kind of stubborn disregard for their users is the kind of thing that destroys companies.
The reason Reddit doesn't want to do that is they can harvest and sell so much more user profile data if they funnel everything through themselves. That is what they are selling to investors.
Yup. I get it too. 'We'll lock down and get rid of the 3rd party apps, just give us a couple of months.'
I'm also thinking about what is the proper way to handle this LLM situation and how should the maybe grown threadiverse react to it. Mastodon actively resisted the attempt of building a central search service but a dataset builder can go stealth.
I don't understand why the Fediverse doesn't adopt peer to peer Popular tabs. That's the only benefit that a centralized server has, is to let people know what is collectively being talked about.
Imagine one big list that refreshes every so often that is stored locally on instances, and it just aggregates and sorts what's getting traffic across all instances.
Obviously it could be opt in and moderated by instance via blacklists and whitelists.
Suddenly, it doesn't matter if its federated or not
This would be very good for Lemmy, I've just started an instance and trying to find content from all the federated servers can be a bit of a pain..