this post was submitted on 11 Jun 2023
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'Unlike some of the 3P [third-party] apps, we are not profitable,' Steve Huffman says in defending the move to charge for high-volume API access.

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[–] [email protected] 7 points 2 years ago

Very well said. This will eventually blow over, but for a lot of moderators and well known submitters, it's already too late. This will cause a death spiral where the quality of posts and moderation is way less because of said users leaving, causing more people to leave and there's less total users/income, causing them to make more decisions designed to placate VCs/investors (killing old Reddit/nsfw), causing more people to leave, etc.