CEO Steve Huffman said, “These deals aren’t binary. They have to make sense for Reddit, but there are many ways, I think, for the value to return to Reddit.”
lol - “The value has left Reddit”
-/u/spez
Who could imagine when you piss off:
third party devs who make the apps your best contributers use
Remember when YouTube started having AI narrated posts from r/askreddit in its shorts? And how that slowly morphed into the AI generated slop stories about how one family member give the rest of them their comeuppance because the Henderson account valued results instead of random cheap business practices involving Sgt Menendez and his cheating ex girlfriend?
(This stuff is like candy to Boomers because it mirrors the reader write in sections of Reader’s Digest.)
I should have noticed this earlier, but it dawned on me a few weeks back.
Caught my father in law who’s addicted to youtube watching a video about some WWII pilot that knew how to shoot at enemy fighters from his time hunting hogs in Kansas. It was entirely AI generated, the video, the voice, and the narrative. That person didn’t exist and it didn’t survive scrutiny if you know anything about guns. But damn the comments were just boomers gooning over military wank.
Revenue of $804.9 million beat estimates of $731.8 million. However, US daily active users came in at 53.2 million, just shy of expectations of 54 million. The company’s total daily active users grew by 18% to 130.3 million versus estimates of 130.07 million.
lol - “The value has left Reddit”
-/u/spez
Who could imagine when you piss off:
…that the “value” would leave 🤣
Yep, it was the API thing that finally did it for me, but looking back, I should have seen it coming after all of the other stuff.
Third party apps made Reddit a dream on mobile, a big part of its success were the passionate people. And they showed us all the middle finger
Remember when YouTube started having AI narrated posts from r/askreddit in its shorts? And how that slowly morphed into the AI generated slop stories about how one family member give the rest of them their comeuppance because the Henderson account valued results instead of random cheap business practices involving Sgt Menendez and his cheating ex girlfriend?
(This stuff is like candy to Boomers because it mirrors the reader write in sections of Reader’s Digest.)
I should have noticed this earlier, but it dawned on me a few weeks back.
Caught my father in law who’s addicted to youtube watching a video about some WWII pilot that knew how to shoot at enemy fighters from his time hunting hogs in Kansas. It was entirely AI generated, the video, the voice, and the narrative. That person didn’t exist and it didn’t survive scrutiny if you know anything about guns. But damn the comments were just boomers gooning over military wank.
I never did like the “bullseye womprat” logic.
I use sync for Lemmy and its elite. I can’t fathom using the piece of shit reddit app.
Yeah it was my reddit client until the API then the dev pivoted to Lemmy and I just picked it right up again
lemmy has been talking about this for like 3 years now. you people have nothing new to say 😅️
I actually got an award as being in the top 1% of reddit karma earners for 2022.
In 2023 they banned me because I didn’t buy stock when it was being introduced.
You’d think they’d want me there. Creating content. For free. I’m sure they thought I’d just create a new account. Nope. I just came here.
Weird thing is, I’ve had two main running jokes for years. One is being obsessed with corn. The other is calling George Clooney a smug bastard.
George Clooney really is a smug bastard.
I was also invited to participate in the IPO (in 2024) due to my “top tier” karma.
Didn’t get a ban for not participating but wouldn’t have given a shit if I did.
OH NO! CAN’T CREATE A NEW ACCOUNT!!! ThAt’S bAn EvAsIoN!!! (autistic screeching ensues accompanied by excessive farting noises)
And continuously piss off 99.9% of your uses
reddit is fine
Firing Victoria was the beginning of the end.
It really was. Everyone was stunned when it happened. I hope she’s someplace good now.
( ͡° ͜ʖ ͡° )
Can we send him pizza?
Beans, maybe?
What a galatically stupid asshole.