Reddit’s unpopular decision to revise its API pricing in a move that’s forcing third-party apps out of business has taken a weird turn. In an AMA hosted today by Reddit co-founder and CEO Steve Huffman, aka u/spez on the internet forum site, the exec doubled down on accusations against the developer behind the well-liked third-party […]
My thinking has been trending the same way. They’ve calculated acceptable losses and the people who are going to jump ship over this were already people not directly generating revenue from ad views and data harvests.
Of course, the indirect effect in that reddit might be less interesting is hard to calculate, but reddit has been dying for a long time. Netcraft cofirms it.
People jumping ship will no longer be commenting or posting new content, so hopefully there are a few big hitters.
What I’m really hoping for is a lot of the mods to leave or go on strike. There’s only so many people who are willing to do the work for free, especially qualified people who care about the content.