• Varyk@sh.itjust.works
    link
    fedilink
    arrow-up
    13
    ·
    1 year ago

    I just said this yesterday or two days ago when they announced they were going to start paying people for content, but it truly is amazing how Reddit can find another significant thing that will hurt them as a business and move forward with it.

    It seems like they’d run out of things that could significantly hurt their business, they just keep finding something else.

    Soon they’re going to be down to basic features, And they’ll be like hey look so hyperlinks don’t work anymore. And then that’ll be the end of the press release.

    Their “business decisions” are insane right now.

    It’s very difficult to see this procession of self-mutilation technologically in another light other than deliberate corporate suicide. Like is someone going to benefit if Reddit goes bankrupt? Is that what’s happening?

    • gsa32@lemmy.worldOP
      link
      fedilink
      arrow-up
      8
      ·
      1 year ago

      Reddit’s incompetence is so mind-blowing it’s unreal. Even a crackhead can manage Reddit better than spez

      • Varyk@sh.itjust.works
        link
        fedilink
        arrow-up
        0
        ·
        edit-2
        1 year ago

        It’s truly shocking. Like all the Twitter stuff that musk is doing, seems in some way connected to his ego and they seem like genuine mistakes that he’s making because he’s completely out of touch and an a******.

        But with Reddit, it’s like I can’t follow the logic of these decisions at all, I can’t tie back these obvious blunders to any sort of logical troubleshooting decision making process for their company.

        Perplexing

        • TWeaK@lemm.ee
          link
          fedilink
          arrow-up
          0
          ·
          1 year ago

          The logic is to destabilise public forums ahead of upcoming elections, so the wealthy can consolidate more power.

          • rockprada@midwest.social
            link
            fedilink
            English
            arrow-up
            0
            ·
            1 year ago

            I hate that this take seems like the conspiracy take but also is totally plausible. Just look to the example of the Arab spring and how instrumental social media was for organizing. By fragmenting all social media it’s a lot less likely you see a massive resistance if shit goes sideways.

            • regedit@lemmy.world
              link
              fedilink
              English
              arrow-up
              1
              ·
              1 year ago

              If this is the case, I guess it makes sense why these bad, seemingly “money-losing” changes aren’t going to be felt by the company or CEO. Soon as they go public, the elite that pushed these changes will buy up the amount they promised, spez will take his payout, and they will have “union-busted” another prominent social media platform used for progressive ideas and discussion.

              • TWeaK@lemm.ee
                link
                fedilink
                English
                arrow-up
                1
                ·
                1 year ago

                Fun fact, most of the money Musk spent on Twitter was underwritten by stocks in Tesla, which have drastically shrunk in value since the purchase.

            • jarfil@lemmy.world
              link
              fedilink
              English
              arrow-up
              1
              ·
              1 year ago

              This might be the top-down view, but the bottom-up is Telegram forums, Mastodon, Lemmy, and similar distributed hard to close down spaces.

              “Divide and conquer” is a valid strategy when one can conquer each part separately, “guerrilla warfare” is the aftermath of failing to conquer the divided parts.

    • HolidayGreed@lemmy.world
      link
      fedilink
      arrow-up
      4
      ·
      1 year ago

      It’s all going to plan. A wealthy investor has paid a lot of money to shut down popular platforms like Reddit and Twitter. Knowledge is power and they can afford to, and have the incentive to keep us in the dark. Can’t have us poors rising up against inequality if we have no soapbox to stand on.

        • cynar@lemmy.world
          link
          fedilink
          arrow-up
          1
          ·
          1 year ago

          It fits with existing patterns depressingly well. The issue is, it’s generally very subtle.

          E.g. Murdoch once even admitted on camera what he does. He “suggests” what he thinks should happen to politicians. Those that either agree, or follow his “advice” start getting negative stories about them dropped from his papers etc. Conversely, those that disagree get their positive stories dropped more. Once a few politicians have had their careers ended by it, most of the rest fall into line, it’s only minor favours. Until it’s not; and all the previous favours suddenly risk looking very bad in the press…

          No laws broken, no overt threats given, but the more it happens the stronger it becomes. It eventually helped cripple BBC news, in the UK, among many other problems.

          Reddits behaviour fits this pattern too well. Something has been offered in the background. Initially, it was for small favours, but it’s now reached a tipping point. I suspect they are hoping that they can fire sale the whole user driven system (everything must go [at once]). People fatigue on the constant news, and there’s nowhere new to flow and reorganize.

        • AnonymousLlama@kbin.social
          link
          fedilink
          arrow-up
          0
          ·
          1 year ago

          Hard to prove that type of stuff. It could just be incompetent leadership but it’s starting to feel like it’s something more given how many back to back missteps they’ve had recently.

      • wwaxwork@lemmy.world
        link
        fedilink
        arrow-up
        1
        ·
        1 year ago

        I’m leaning into the theory it’s someone in power in Saudi Arabia. A member of their royal family is heavily invested in Twitter, owns shares and fronted Elon a big chunk of money for Twitter and they would surely like to crack down on social media in pretty much every middle eastern country, what with those pesky women protesting by not wearing their hijabs and protests and riots happening over there in the past decade. The first thing they do when there is trouble is shut down twitter, shutting it down permanently makes things easier for them.

      • DragonAce@lemmy.world
        link
        fedilink
        arrow-up
        1
        ·
        edit-2
        1 year ago

        I’ve played with this idea in my head on several occasions. It does seem rather insane how all social media sites are self destructing and making business decisions that are questionable at best. Given all the uprisings across the globe in recent years, it would not surprise me if there were various investors and governments who would pay good money to destroy those platforms. Also the sudden and complete self destruction of both Reddit and Twitter right as we’re about to head into the 2024 US presidential elections, seems rather suspect as well.

        The other idea I’ve been considering is that both Musk and Huffman are raging malignant narcissists who are throwing a massive childish tantrum and burning it all down simply because the users on their sites made fun of them.

        • can@sh.itjust.works
          link
          fedilink
          arrow-up
          2
          ·
          1 year ago

          Whichever ends up being true Musk and Huffman are raging malignant narcissists regardless.

      • Lightor@lemmy.world
        link
        fedilink
        arrow-up
        1
        ·
        1 year ago

        This.

        People keep laughing at how dumb execs are. Like they are dumber than the average person. They aren’t. They pay lots of money to very smart people who tell them what will happen. It’s just much easier for them if people think they’re dumb instead of malicious. Because again, they have smart people telling them how to play this.

    • Tetra@kbin.social
      link
      fedilink
      arrow-up
      1
      ·
      1 year ago

      Reddit is overall quite left leaning, with a lot of its communities being some of the biggest hubs for lefties on the internet (antiwork comes to mind, all the LGBT subs, majority of the big politics subs also heavily lean left).

      I don’t think it’s that crazy a “conspiracy theory” to say that this could be intentional sabotage. IMO it’s what’s happening with Twitter also, I think the alt right is paying big to take down left leaning social media so they can control the flow on information. I know Musk and Spez are profoundly stupid but I don’t think they’re stupid enough to genuinely believe in their recent business decisions. I think these decisions make a lot more sense when viewed through that lens.

      They got officially fact checked a few times and that put the fear of god in them, since their whole schtick relies on ignorance.

    • Raven FellBlade@sh.itjust.works
      link
      fedilink
      arrow-up
      1
      ·
      1 year ago

      Yeah, actually. This has completely derailed what has historically been a powerful platform for progressive and leftist movements going into a US election cycle. Same with Twitter. Meanwhile, the MAGA propaganda machine at Meta chugs along unfettered.

      I can’t see any other motivation. There is certainly no economic incentive to run either business as they have been, but running the companies into the ground as a means to control or destroy opposition communication platforms definitely makes sense.

    • TWeaK@lemm.ee
      link
      fedilink
      arrow-up
      1
      ·
      1 year ago

      Didn’t they come out and say early on when they firsr introduced rewards that they’d made enough money to cover their server costs for many decades? Whatever happened with all that?