Huffman said, however, that he’d like some form of revenue-sharing.
“I would like subreddits to be able to be businesses if they choose,” he said, adding that’s “another conversation, but I think that’s the next frontier of Reddit.”
Reddit is only going to get worse. I’m glad I jumped ship when I did.
It’s really a shame that everything good and valuable in the world has to be boiled down to a fucking dollar sign…
Another prediction;
Moderator slots will be up for sale at some point as businesses buy them and start pushing their products/services more aggressively.
“normal” moderators who agree will get a small % of the profits.
a small % of the profits
But since Reddit isn’t profitable, that means profits are actually negative and they’ll have to pay. If they are profitable, no way there’s any sort of profit sharing. At best, a discounted reddit t-shirt that they’ll be warned against wearing in public due to the additional anti-user policies they’ll be putting in place.
If you’re a politician or a business owner, you are accountable to your constituents. So a politician needs to be elected, and a business owner can be fired by its shareholders,” he said.
Someone get this man a hearing aid, because he’s gone completely tone deaf.
The man is foreshadowing his own downfall…
History teacher here. I find it incredibly ironic that a guy whose entire livelihood depends on unpaid workers to generate profits for him while he sits on his
porch drinking sweet teacomfortable desk chair describes those workers as the “landed gentry.”With bigger subs, this strategy may actually work. A lot of Redditors just want to scroll, and they want their content. They don’t care how it gets there.
Yeah I’m seeing that a lot. Floods of comments about how dumb the blackout was and that they just want to browse Reddit. I know r/SquaredCircle pledged to go dark indefinitely and there was a lot of outrage about it. I’ll be very interested to see if it comes back as that was a sizeable subreddit
I’ve read that, at times in the past, Reddit has used bots or plants in comment threads to stear the conversation. It makes me wonder if any of that is happening now. I’m not much of a conspiracy theorist, but at this point I have very little trust in the Reddit staff.
Eventually the site will be so add ridden and exploited it won’t matter
Now he’s going to let users vote out powermods!? What happened when his buddies like gallowboob get voted out? This is going to be hilarious.
What a choad.
He is trying to divide users by claiming that a nebulous group is controlling the rest against their will. Classic protest mitigation tactic
It would be interesting to see what happens if some of the 3rd-party devs that are being screwed over by spez make some lemmy/kbin apps that are superior to the reddit app.
He’s about two sentences away from saying the quiet part out loud. If he sees the mods as landed gentry how does he see the average redditor? the average admin team member? The average spez?
So these votes are going to be done by the people who haven’t left reddit in protest and if those of us who have left in protest come back to vote in the polls, reddit will claim that outsiders are brigading the votes so the sub will be reopened. There is no situation where a community vote to remain closed will be respected by the site owners.
Sure, now he cares so darned much about democratic support and accountability of moderators…
Which I’m not completely sure is a good idea, but still
Maybe if they introduced this in good faith months ago people would think it’s a good idea. They reason now is just power hungry admins trying to get their way. Fuck this guy so much.
I agree because this is actually quite nice to have the ability to vote out power tripping moderators. But they’re only introducing it now because they’re getting desperate. What a waste. This CEO is an idiot.
Well it’s not like I’m going back anyway since I got perma banned 2 days ago and nuked my account.
Honestly, the core point made originally, and that he stated again in this article, makes perfect sense to me: it costs money to run Reddit, which they pay for with ads, and the third party apps make the content available without ads or with ads that go to the app developers. It’s completely reasonable that Reddit would want to get paid for people using their content.
But the way they rolled it out, the slandering of one of the developers, the ridiculously short time for it, the removal of NSFW content, and especially the draconian prices are just unacceptable.
I’m curious as to how much money Reddit are spending on their attempts to change the narrative with articles like this.
Probably one of the reasons why they are not profitable. PR costs.
This is the thing that gets me. I’m fine if Reddit wants to diversify revenue, or ask developers to pay a fair share. But the callous disregard for developers, users, moderators, and communities they built is beyond the pale. I don’t know how someone can look at the timeline of events and how Reddit has handled this and think, “this is a company that deserves my money”. Huffman’s comments in the press alone, leaked or not, make him look like a giant d*uche canoe. The moment my saved posts are transferred out I’m gone.
Did you just censor the word douche?
Ayyyyye don’t at me.
…yes. Yes I did.
If they say their biggest portion of revenue comes from the ads they serve on the official platform then why block the option for devs to serve ads and give the revenue or profit share from it.
Huffman makes no sense in any way, it’s like he’s playing volleyball with himself and arguing against his own points. Devs are wanting to pay for the api but they have been given an untenable timeline and outrageous costs.
What I’m suggesting as a pathway out is actually more democracy,”
This sounds like the same nonsense as Elon. All we’ll end up seeing is targeted mobs of Reddit sycophants and randos who don’t actually understand the stakes participating in bogus polls to make it appear like Reddit has a handle on the pulse of the community. Then Reddit can claim to be “fair” and “neutral” and…it’s just absurd.
I really hate this guy’s face as of late. Didn’t really care for it during the WSB hearing but now I really hate it.