I mean, duh? I left the site years ago when it became clear they value making money over making a site I’d want to actually use.
They’re digging a hole in their userbase, even if they’re making money in the meantime. Just as the kid who tries to dig through the Earth can potentially “succeed” for a while, ending up in a hole several times deeper than they are tall, there will come a time when they look back up and realize they can’t get back out of it.
In other words, if Reddit keeps digging, there will come a point where things become untenable. (Although I’m sure those in charge will have their golden parachutes ready to go) the site itself will become so enshittified as to be unrecoverable. There’s no long-term plan to get Reddit out of that situation.
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Say what you want they are making a shit load of money and they/their investors are very happy with the trajectory of the company and it’s stock.
Enshittification to a T.
Stock market is not a health bar. It’s only a matter of time before investors move on to the next grift.
I mean, duh? I left the site years ago when it became clear they value making money over making a site I’d want to actually use.
They’re digging a hole in their userbase, even if they’re making money in the meantime. Just as the kid who tries to dig through the Earth can potentially “succeed” for a while, ending up in a hole several times deeper than they are tall, there will come a time when they look back up and realize they can’t get back out of it.
In other words, if Reddit keeps digging, there will come a point where things become untenable. (Although I’m sure those in charge will have their golden parachutes ready to go) the site itself will become so enshittified as to be unrecoverable. There’s no long-term plan to get Reddit out of that situation.
it always amuses me when people justify bad behavior with fleeting monetary gain. suck spez’s cock harder and he might share ig