Reddit Migration

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Reddit’s golden geese foul up its IPO plans (www.reuters.com)

submitted 1 year ago by Kindred87@kbin.social to c/RedditMigration@kbin.social

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Thousands of moderators overseeing the site’s subreddits are on strike. It’s a wrinkle in Reddit’s plan to go public, and a sign that plan is premature, columnist Anita Ramaswamy writes.

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[–] killall-q@kbin.social 16 points 1 year ago* (last edited 1 year ago) (1 children)

The primary excuse for the API change, to charge AI companies for Reddit's data, doesn't hold water. After the change goes into effect, AI companies can just switch from the API to web scrapers for continued free access. It'll require marginally more processing power, which AI companies already have in spades.

[–] acupofcoffee 1 points 1 year ago

It's absolutely, 100% bullshit. They want to make more money if a dev is willing to pay for it, but in reality they want 100% of the users on their own app to monetize them, sell their data, etc.

Fuck em', I've been extremely happy learning more about the Fediverse every day.