Are they a multibillion dollar corporation though? I know they have had crazy valuation's, but we are moving past a time of value based on eyeballs and to a time of value based on monetization. Where does the monetary value of reddit really lie? It seems like most of their creative monetization strategies like gold, donations and custom avatars have failed. This leaves the more mundane avenues of advertising to users, and selling the content that users creates. Both of those are severely handicapped by a free/low cost api. If they cannot monetize a user or their data then that user is bad for their bottom line.
reddit is doing this because their investors want them to be a multi-billion dollar company, not because they already are.
Imagine comparing coal miners to the equivalent of internet janitors who volunteer to work for free as long as they get their share of petty power.
Tons of them are basically just protesting since they won't be able to exert said petty power as efficiently as they used to.
I can't imagine getting to a point where I'd defend Reddit powermods, even over spez himself. But even in your very shaky analogy, the mods are at worse the petty bourgeois, not some sort of proletariat of Reddit wtf.
How are they bougie? They have no ownership over the means of production or financial stake in the success of Reddit. If Spez IPOs Reddit to the moon, do the mods get a taste? At most (from a class perspective), they are the thin layer of floor management that the site relies on the function - those people are still prole labor.
Yes, yes, Reddit is no where near as bad as a coal mine, that's why it's an analogy.
> I can't imagine getting to a point where I'd defend Reddit powermods, even over spez himself.
Why not? Workers vs. Capital, if you can't side with the workers, then you are siding with the moneyed interests, and I can't figure why an average person would do such a thing.
I'm not siding with the admins, to be clear. I really really dislike how Reddit has been run. Always been a shithole, one way or the other.
But I also think that powermods are a net negative for the website and have turned moderation on Reddit into a joke.
At the end of the day I think users are the "proles" here. And most of them just want to use Reddit for things like tech support or purchasing advice or discussing video games.
That a few mods are able to take ownership of communities that aren't theirs (the community is the users, not the mods imo) and close them down is pretty meh.
I personally would never use Reddit once RiF stops working (and I mean it, I can't even get myself to use the old Reddit interface).
But this is a weird temper tantrum imo that is typical of Reddit; a very tiny minority of third party apps users and even commercial third party app devs shutting down stuff that isn't theirs because they dont have it their way. Again, basically 90% of users just use the new Reddit app and website sadly enough.
It will no longer be free to browse how you like. You will be forced to use Reddit's Apps, Reddit's website, etc. Along with the tracking and restrictions that they impose (Future removal of NSFW is an example of a restriction).
And the REAL real problem is that the market will bare a lot. I once sold tickets for a Die Antwoord concert I couldn't attend due to illness. I advertised the tickets on Craigslist for $100 for both, the retail cost being $50 each.
But when I arrived at the venue to sell the tickets, the buyer put $200 in front of my face assuming I had meant $100 EACH. My greed got to me and I took the money.
My conclusion was, ticket buying is not rational, and the ticket market is extremely liquid, so without tying tickets to an identity like airline tickets there isn't a good solution.
The study aside, it would reduce MY willingness to work and I have to imagine there are a lot of people, working a lot shittier jobs, out there who feel the same. In the end, the jobs still need to be done, so wages will need to go up, and the cost of the thing these jobs produce will go up, and then, inflation. Isn't that obvious?
I don’t understand why the intellectual narrative is “CO2 reduction at ANY cost… as long as we’re not wasting money on those expensive nuclear power plants”
My kid is <6 and goes to a private daycare run by a publicly traded company in partnership with my wife's employer, a large biotech.
They figured out PPE and distancing protocols about six weeks after initial shutdown and all kids were back in class. To our knowledge, there were no known covid outbreaks (all parents and staff are emailed when a staff or student is diagnosed).
Hi Throwaway - sounds like Bright Horizons at Genentech? My 3 year old was at Bright Horizons at UCSF and they were even faster (~5 days) to figure out protocols to keep kids in the program so their essential worker parents could fight this war. Hard decisions were made and tradeoffs happened.
It's the subreddit mods who are making the data inaccessible to you, NOT Reddit.