this post was submitted on 12 Jun 2023
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Writing

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[โ€“] ArtZuron 3 points 1 year ago (1 children)

II think Reddit was a great idea initially. It was a very nice forum aggregator essentially. It has years of niche and specific information easily searchable and easily accessible. From car parts to tech issues to fountain pens and more. It was a place for everyone and anyone.

But, then the suits got in and kicked off the enshittification.

[โ€“] DemBones@vlemmy.net 1 points 1 year ago

Nah, It sucked from the beginning.
Like every other social media giant, it probably always has been in the red. Its main purpose was to kill decentralized communications by offering impossibly good deals with no concerns for cost.
Ads just don't pay enough for massive file size limits, permanent archives, nigh-unlimited download speeds and 24/7 uptime. All of these silicon valley companies must have realized that bailouts and such are no longer enough to keep their business model running, so they had to change it.