this post was submitted on 23 Jun 2023
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I think Reddit will be fine from the exterior. IPO may not go so well. But what really matters is the soul of Reddit died long ago.
It's not going to instantly die, no. But once the power users and the ones who truly cared start leaving the content will start dwindling to the point that the normal users start noticing and leaving as well. It's a slow spiral that will likely take a few years and reddit probably won't truly "die" for a while, but it will never be the same again. Time will tell what rises to take its place, whether it's kbin or lemmy or something else.
"Maybe we should have checked where content is being created from before we cut that off." - Some guy before getting fired at Reddit.
How delusional is that stance though? Charging someone to post their created content on your platform then turn around and sell access to that content to users through advertising. Did Mac come up with this plan?