this post was submitted on 18 Jun 2023
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Ok. I'm about to abandon an account that's 17.5 years old. I despise what reddit is proposing.
But, honestly, how do you propose they turn (some) profit so it could last forever? Losing money isn't a long-term recipe for success. I've got no problem with reddit seeking to profit. I've got a problem with their short notice and their refusal to let third party clients be part of the ecosystem they wish to create.
First I don't see why reddit has to be a for profit organisation in the first place, since that's kind of the rout of the problem. Users becoming a product that reddit is trying to sell to advertisers. At the same time if reddit would be respectful to users, creators and mods it would be a different story. But they are clearly not, they don't respect the people who are making reddit work - but feel entitled to the fruits of their labor. That just irks me on a deeply personal level.
My main problem is not even with the API decision but with the way the CEO communicated with the community.
COMPLETELY agree that reddit shouldn't have developed in a commercial direction, but rather as a non-profit. That would avoided so many problems. That said, even as a non-profit losing money is not tenable.
I also agree that how the CEO communicated is a big part of the problem.
Like I said, I would not have problem wit a mythical commercial reddit making money but respecting the user base. Even less with no profit reddit - making money to be able to function.