Submitted 1 year ago by Tea@programming.dev to technology@lemmy.world
https://finance.yahoo.com/news/reddit-50-plunge-fails-entice-114144562.html
The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.
Remember that Reddit automatically gathers your data.
If you still have a reddit account, go to settings right now. And prevent reddit from selling your data.
its pretty given, seeing as how they are using googles recaptcha technology, and OPEN AI to allow access to data/content, plus its useful for troll farms from russia in general, since its allows targeted propaganda messaging.
Everything they touch dies
Fuck Reddit.
Reddit is kinda dead it now
Well played. Take my upvote.
remember the first purges in 16-17’ when trump was in power, GOP started complaining about online spaces hosting these “violent, illegal” activities, and subs got banned asap. now again, musk is complaining about the same thing.
It certainly was what people drove there. That doesn’t make money. The only value that counts for the bottom line is the data ultimately for marketing purposes. And the reach and trust that makes it great to sell shit.
It’ll also be a great propaganda vehicle. Which might be worth even more in the current climate.
Anyways Reddit is dead. It ran far longer than many thought. But I think the cadaver won’t stay fresh long enough to be eaten.
I think many of the tech giants are becoming scared. Because it might be a bit of hassle to just use another platform ultimately it’s fucking easy to migrate and the when the momentum is there it can go pretty fast. No one really needs Amazon or Facebook or Reddit. And people really are pissed off. Fuck them. All these valuations for tech are just ludicrous when in the end the main driver is selling people shit more effectively.
forums are still alive and kicking, to certain niches though, not an "news/politics aggregate site like reddit. FB has enshittified itself when they went soely distributing russian propaganda intentionally, also require much more aggressive Data mining to sign up for the service, similar tow hat Glassdoor has become for job hunters.
Good. I got banned just today for “inciting violence” then when I asked what I did they couldn’t tell me. Musk has his grubby little hands all over reddit since him and spez are buddies if I’m not incorrect.
Oh yea the generic “site wide ban message doesnt even tell you what the violation was” i think it gives reddit arbitrary and vague reasoning to ban you.
I really hope the company burns. It became everything it used to make fun of since Spez took over.
I was Permanently banned for harassment because I asked a mod why they banned me.
Mind you, I’d ask, and they’d mute me for a week straight instead of just pointing out what got me banned.
lol I pray for their downfall; this news pleases me.
Some mods are in cahoots with the admins, so they can just exaggerate the seriousness of a report and get people banned.
Holy shit, me too.
They said I threatened violence because in a thread about Putin potentially being sick, I said I wished he had a painful slow death.
Apparently even bloodthirsty dictators get to have their poor feelings protected by Reddit.
Fuck Reddit! I’m just gonna abandon that shit platform
you got brigaded by pro-russian bots, and yes russian backed trolls do mass report people too.
I had two main accounts. My oldest account got permabanned for a joke about Nick Fuentes. After his address got doxxed and he pepper sprayed a woman who rang his doorbell back in December of last year, I said “hey as an incel he should be happy that the ladies know where he lives now so they can share a cocktail with him”, and I added a cartoon gif of a Molotov. It was obviously a joke, but they said it was “promoting/glorifying violence”. I ate the bullet on that one because they were technically right, even if they were a bunch of humorless twats.
My other account got banned about a month ago when I up voted a comment that was just a picture of Luigi Luigi (the Nintendo character) smoking a cigarette. Again for “promoting/glorifying violence”.
Elon Musk is a weak little crybaby and Steve Huffman is a pathetic coward.
Idek wtf i said lmaoo. Atleast you got told you were deplatformed for daring to disagree with the regime. I just got shown the door. This place seems much nicer though.
Harsher moderation followed by a bot farm the richest man payed for to report every account that is critical of Nazis.
I’m not even kidding. At this point the amount of comments on Lemmy that I’ve read that had 10+ year old Reddit accounts banned for “inciting violence” is crazy. I was one of them a few months ago. Told a dude denying a Nazi salute was a Nazi salute to “go to hell where Nazis belong”. Was banned within an hour. Permanent and IP/Metadata banned. Instant response of “no” to my unban request.
This is not a unique experience either. Leave reddit like it’s the plague.
2nd richest, many people believe mr PUTIN IS, AND he does have the largest troll farm in existence(which is the reason why many countries in the mess they are right now.
I’m just sad that I’m leaving all the marvel and action figure collector communities i was apart of behind. But yeah I don’t plan on going back. It’s gonna become infested with nazis sooner or later anyway.
have they resurrected that subreddit from 2016 era, name of which i will not repeat, but it was well fuck. i’m still not going to say it. it’s not an “information hazard”, it’s a garbage sphere that accretes garbage
there were ton of reddit that were purged in 17ish when trump came into power, and at the same the gop was complaining about said subreddits.
I have no idea what you’re talking about and I’m intrigued.
there was a sub called ‘the donald’, wanna say there was an underscore in there, that started as a joke but was co-opted
T_D?
I left when I couldn’t use the word “idiot” because it was a trigger word.
Sure Jan.
wanna hear some just as ridiculous, apparenlty skin color, and DEMOgraphic was considered a racist word, ever since trump came into power, all the subs became too sensitive around african american words.
Got banned over there a month ago, came here hoping to find something of a Sonic community in the same vein as the one over there (very involved in that fanbase, did a lot of my discussion on reddit), has not materialized yet, not enough fans over here, hopefully that changes at some point. I thought at first that it was the open support of Luigi’s alleged actions that got me banned, I could be ok with that, I get it, supporting violence and whatnot, I broke the rules, and they were sensible rules more or less, but the longer I look at the current happenings over there, the more suspicious I am that it was because his name came up at ALL, multiple times. That’s annoying. That feels less justified.
Also becoming more and more glad it happened when it did. Lot of overt, fascist appeasing censorship going on over there. Like it’s not even subtle. There’s no ambiguity in it, it’s just “this post criticized or disparaged Musk or Trump in some way. (Removed from Reddit).”
Any criticism of conservatism is grounds for removal now. I can’t believe it’s gotten this far.
Is there any Sonic community on Lemmy? Did you make one? I’m a casual fan, but I’d join.
i love it that TROLLS and conservatives ever though right wingers were ever censored.
!sonic@pawb.social is the biggest one I’ve found but it’s VERY inactive. You’d be better off going to a Sonic forum like the Sonic Stadium message boards, but those are a little less penetrable than something like reddit because EVERYONE there is a huge, dedicated fan, and it can get really strongly opinionated.
I haven’t used Reddit since the api change but I suspect stating that Luigi mangione is a hero who did nothing wrong would get me banned on Reddit. Social murder is completely cool and ok. But actually killing the man who oversees the system of social murder? How dare you!?
it got worst after that api apocalypse, which culiminated into musk/luigi , it became increasingly harder to
Hey cool beans we’re the direct result of that! What good news!
I trust reddit as far as I can throw it these days.
good
I’m fairly certain they misled investors on their last earnings call. I noticed some banned accounts suddenly had their ban lifted right before the call, and then reapplied right after.
On the last investor call, they said they had a lot of returning users. This was after their election ban hammers, and prior to the Luigi ban fest.
Can’t wait to see how they try to spin things on the next one.
They can just count all them bots as active users. Much like twitter
Let’s pick a day and everyone short it
One man’s slowing growth is another man’s hardening growth (me, from reading this headline).
I wonder how long until they ban porn. That’ll kill it dead for sure.
Tbh I think X has the market corned there.
Idk, I doubt the advertising partners really have a problem with reddit porn. This dip is likely a reflection of the article linking reddit moderation policies to Elon Musk (absolutely hilarious that he’s so toxic to stocks he’s killing other people’s companies now). I don’t think this is even a reflection of a drop in users yet,
People left Reddit during the election. The new left pushing the Luigi good narrative just got spanked and migrated here, and the others that took issue with the retarded policies of the Dems and Republicans were also banned. Basically Reddit pissed off everyone regardless of where they were on the political spectrum. They’re fucked.
literally one of the 2 reasons I haven’t quit reddit completely (the other being I’m slowly deleting all my comments)
you can use powersuite delete i believe, and there are extensions, but much slower than the github one.
You can just use a bot/service to do that. It’ll even edit them before deleting them, so if it’s ever recovered it’ll just look like some gibberish random words
Shouldn’t suprise anyone especially with the recent grovelling before Musk.
I’ve created this account here today particularly because I found that behaviour absolutely disgusting.
Lol suck shit reddit. Rot in piss you won’t be missed!
It might be at least a little missed for all the useful info and history that it had accumulated over these decades… But oh well.
They shat this bed they get to lay in it
for all the useful info
Recently, I’ve been questioning how useful the reddit info actually is. I’ve been lurking in multiple subreddits related to things I’m actually quite knowledgeable at, and the amount of times I’ve seen people asking questions and getting absolutely bogus answers that were highly downvoted was just… concerning. Not to mention how often the correct answer was heavily downvoted for absolutely no reason. That’s when I realised - hey, maybe redditors aren’t that smart after all? I can detect the bullshit for the things I actually know, then what about things that I don’t? Should I trust them?
Not to mention that to get the info you want, usually you’ll have to get through a bunch of shitty jokes, going off topic, rants and even some “totally-not-sponsored” comments.
You’re noticing that Gell-Mann Amnesia.
I looked it up yesterday because I kept seeing it in an Angela Collier video title and I realised that despite watching the video and re-checking the info several times, I could never remember what Gell-Mann amnesia was, and that was too ironic to be allowed to continue. So this time instead of looking it up and going “ooohh, that’s right, okay, nevermind”, I went, "okay, now repeat it to yourself until you’re sure you won’t have to look it up again".
Thank you for saying it. Reddit still has a pocket in the public conciousness that its still the 1st place to go for answers. It isn’t and it hasn’t been for a loooooooooong time. Not just for the reasons you say, but severe tomfuckery with what they show to SE indexing bots. Most of the links that lead into Reddit are shady as fuck, rarely lead to any good information, and are clearly bubblesorted up in the search algos for mysterious reasons we can’t know in specifics. I did hardcore SEO for 2 years so I have at least a spidey-sense that there’s major shenanigans.
I mean, with all the censoring and pandering to Musk, allowing for entire bot swarms to the point it really becomes obvious it’s happening - who could have predicted this?
That’s right, kids. Allying yourself with fascist tendencies in any way, shape or form will hurt you in the long run. Just provide the damn service people are looking for and stop playing god, trying to use your platform to shape opinions and censor statements you or your buddies don’t like.
I just don’t understand why a person would choose to invest in Reddit. What exactly is the value proposition here?
so huffman and the c-suite can dump thier stock, they did it a while ago.
Reddit has proper moderation. As in actual people moderate it. It basically has a lot of content that was verified by ‘experts’. And they do it for free.
In the age of bots, fake news and AI generated pages Reddit is a pretty good source of actual facts. Search engines lean on it more and more so it means there’s bunch of money in it.
At least that was the plan. If people will stop moderating there because of politics it’s worthless.
Surely people will enjoy pay walled content.
They source the data for AI.
However, their owner is a duck so he’s prob gonna atrophy users away, so it’s not an investment you’d go long on.
I’m so glad it will create and burn ever since they prevented RIF from working for their own ad-ridden version to be used.
A duck?
I discovered the fediverse because I used Boost for porn subs before the API debacle.
6 months after that, they still didn’t have tablet support. Absolute bullshit.
Good, hopefully spez will get what’s coming to him. He really ran the site into the ground.
He will get a golden parachute if things get worst.
I think he’s ready to pull the cord and stop hearing “fuck you spez” 999 times every minute
I see the fall of big social media into fascism as a big problem, despite the fact that it makes them less popular. The nazis are actively destroying spaces for communication of opposing opinions. They don’t mind the medias are harmed by that. The important thing is that what remains becomes a fascist echo chamber. Most normal people won’t be able to find alternatives like lemmy, so it makes the numbers of people with opposing views who are able to communicate smaller with every fall of a medium, social or other.
Fuck reddit , its becoming weird being on there … its feels off , like you’re in an uncanny valley not knowing if you are taljing to a bot , a person or a troll
I saw more and more recent comment authors had the “closed account” icon before they shadowbannned me. A noticeable uptick in the last two weeks. That wasn’t uncommon to see before, on comments that were years old, but I saw it more and more.
I think they’re using AI to get rid of anyone who’s “too much trouble.” I broke no rules as far as I know. Didn’t glorify violence or bother anyone. But I did talk about politics.
Im watching political subs who are considered radical in the us … they are much more sterile than this time last year
Reading threads from even 5 years ago makes it painfully obvious reddit is dying. Its mostly repost bots now, and the upvoted comments often have the conversations out of order or have generic fortune cookie like responses.
I remember when Reddit threads would have 50000 plus comments on the regular that felt like real discussions where karma kept the assholes in control. The front page always felt full of new things and it felt democratic in a way. In recent years it feels empty, algorithmic, and just kind of sad. Reddit felt like a safe place even with some of the grimier subreddit becoming popular. Now it’s just a oligarch pandering Nazi sympathizer platform. I was on there for 12 years and am happy I left it behind.
Sadly i have to be there as its the best place to get news about the place im living in , our newspapers work for our govenment and other channels are usually controlled opposition … reddit is the most trustworthy (its so ironic to tell you that but it is)
Yes it’s not a nice place right now but tye atmosphere is also a bit weird
I’m not sure why anyone would ever buy Reddit stock. There is no money to be made in Reddit. They failed to make any money before they went public, and they’re failing to make any money now.
They tried the whole NFT thing, failed. They’re trying to sell the data to AI companies but once that’s sold they can’t sell any more of it because the benefit of Reddit data was historical data unpolluted by AI, but new Reddit data is polluted by ChatGPT posts and is therefore worth less.
It’s not even about banning people, it’s about the fact that Reddit was never a sustainable business model from the start, at least not in the traditional capitalist sense where you’re actively trying to make a profit to please shareholders.
The only benefit to owning Reddit stock is if you have voting shares and can manipulate the algorithm to benefit you in some way. Suppress some voices, amplify others to back what you want to do etc. but you need money to burn in order to achieve that because you aren’t going to be making money directly by owning Reddit stock and manipulating public opinion takes time.
its only use now is a propaganda machine, much like X is now, or it will be soon like X.
It’s not even about banning people, it’s about the fact that Reddit was never a sustainable business model from the start, at least not in the traditional capitalist sense where you’re actively trying to make a profit to please shareholders
If they’d been stalwart about banning automation and keeping original, legit human content pure, they probably could have used it as a fountain of fresh data for AI, for polling, for engagement farming, and for promotion.
The site was still growing even despite the admin induced atrophy. But they just couldn’t resist killing the Golden Goose.
the mistake was allowing mods to have too much power, and admins to become mods.
I disagree that Reddit would gain in value over time, because it is increasingly difficult to avoid AI-generated material polluting your dataset, no matter how much you avoid automation and try banning it. Inevitably, some AI-generated material is going to get in.
It’s a problem in two ways:
I am firmly of the belief that sites like Internet Archive will be some of the most valuable companies in the AI space, because they hold an immense amount of untainted data created prior to 2019.
Why are so many people here calling Spez “Spaz”? Isn’t that considered to be a slur similarly to the r-word?
Lol I sold mine in January. I’m fucking Warren Buffet.
Where is the Garfield spez comic?
I mean. Elon Musk is exerting control of the platform too. Do you really want THAT shit in your cereal?
RawDog@lemmy.world 1 year ago
Good, Reddit has no place in the stock market and no amount of enshittification can save them from this fate.