this post was submitted on 08 Jun 2023
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If it was truly about Reddit not wanting to lose money from not serving ads on third party apps, they would serve ads via the API.
I'd love to link it, but there's so much content around this that I'll never be able to find it.
I'm sure it was mentioned by some app developers that they were asking for access to the ad API that Reddit uses in order to serve their ads in the 3rd party apps so they don't have to shutdown.
Also, asking after the proper GraphQL API access (instead of the older and less featured/efficient REST API) now that it's becoming paid access... And I'm sure that the answer was "it's not ready".