this post was submitted on 07 Jun 2023
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I've been wondering about that. You know if there's a youtuber with 10 million subs, you'd think they're a big, important star on the platform? And then you find out that youtube gets 80% of their ad revenue from kids watching Baby Shark on a tablet, and your 10 million sub youtuber actually isn't that relevant at all.
Well I was wondering if there's a reddit equivalent to that. Like maybe reddit gets 60% of it's revenue from Indian cricket fans and we don't even know about it. I'm sure sports fans in general are a lucrative userbase. And then places like /r/funny... basically imagine who would be less likely to use an adblocker and old reddit and the app, without caring too much. That's low-effort content that basically runs itself.
At least, that might be what they are gambling on. I do agree with you that the old guard are very important for developing good content. I just don't know if reddit cares about good content anymore.
The rub here is content moderation. Remember when Amazon carried brand name everything, then it slowly became shitty offbrand ZERBONO and AQUIVOO socket wrenches and alarm clocks?
That could be reddit's future, times 10, if they don't get a grip on their spam bot problems. In the last two months, my sub of 60k started getting tons of offtopic posts from bots. Users would flag them as quickly as they were posted, but even with third party tools, we were starting to have trouble removing them in a timely manner. Bots don't sleep. Mods do. And without third party tools, blockers, all that...I shudder to imagine the cacophony of that many bots on subs like r/askscience.
It seems like a move to collapse the parts of the site that are not controlled by Reddit proper.
This is actually good for sites like Lemmy that have a more diverse and thoughtful user base. Reddit functions as a filter that takes on all of that thoughtless content so we are spare the bloat. I couldn't care less if Reddit succeeds or not as long as Lemmy doesn't turn into what it has become.