SNOOcalypse - document, discuss, and promote the downfall of Reddit.

Ny guess is they imagine it becoming like YouTube, where some popular tubers can monetize their channels and sometimes make a living. But that is also how Medium and Substack would, and both lose money and suck at the same time.

I think I may have some insight here. This isn't something that was reactionary imo, maybe the timing is, but the idea has been around for a while. They have been toying with this idea on /r/cryptocurrency for a while with "moons" and the admins have discussed bringing that same thing to the larger ecosystem. Though, the admins probably are worried about the SEC with moon tokens, so they are turning to regular dollars.

In /r/cryptocurrency this required much more serious moderation (look at the size of the mod team), they have some pretty advanced moderation tools compared to most other subs.

I don't think reddit knows what they are asking for, but they are gonna get it, a whole ton of repost / chatgpt garbage. This is sadly probably the downfall of reddit, if it wasn't the API pricing, this surely will turn it into a bot/karma removed garbage dump.

Ask these websites are suddenly trying to figure out how to actually make money 😂 it's just not gonna happen. It never was.

Aside from the valid points made by other comments, giving Reddit even more information (how else are they going to verify your age? Copy of driver's license would be my guess) is just asinine. At this point, if you're still on Reddit and you sign up for this you deserve what you get.

Eliminate 3rd party tools, try to force people on to a terrible app with a shitty interface, and then incentivize the content farms. A recipe for success if ever I've heard one.

You know what might have been a better idea? If they'd offered a profit sharing agreement to third party apps through some sort of affiliate program that allowed them to sell gold and split the revenue. They could even have kept the obscene api rates for AI scrapers by giving a massive discount to affiliated apps. This way reddit would get the revenue it was missing out on, users could support their preferred app while also giving money to reddit, and really, everybody wins.

But then spez wouldn't get to be Elon jr, so that obviously wasn't going to work.

That's so stupid that it's funny again. Steve Huffman will milk this Reddit cow to death. Without repost filtering this incentivizes bot makers, with years of experience, to flood Reddit with garbage because the common user can't tell. Come in, come in, my bots and ~~user~~ slaves to create content for the show. Also awards give incentive to post provoking content and rage bait, you even have this shit on steam for almost useless award rewards.

I guess they just really don't understand why reddit was worth visiting in the first place.

September is coming

They want to turn redditors into instagram whores haha.

Is it a conspiracy that Twitter and Reddit, center-lib spaces, gone down at the same time?

I won't give too much credit to people like Musk and Hoffman, it's just too useful for right-wing actors to sink these platforms down since a lot of their accounts were banned there, and none of their projects like Parler or TruthSocial got from the ground.

antique meme appraiser suddenly becomes an actual job at c/AntiqueMemesRoadshow

Hilarious that Huffman openly admitted that Reddit “isn’t profitable” (somehow) and they have to squeeze 3PAs out to try to make up for that, but apparently they found spare funds in the budget to pay spambots to keep reposting content to keep things from going barren.

Also, it really feels like reddit demotes older, higher karma accounts these days. I have one which is close to a million karma and 13+ years old and it's a grind to get upvotes on it. If I use the same methodology on younger accounts it's legitimately like a 10x difference in karma production.

But either way, I will never attach my real name to a reddit account anyway, so this is pointless anyway.

• Earn xx gold and karma each month

"Thank you for all your passion driven volunteer work. Let us reward you with slavery".

That's a bold strategy Cotton, let's see how it works out for them.

This is the same thing Twitter tried (is?) doing. Spez is really going full Musk.

Reddit will pay a million content farms to repost memes before they pay a single moderator for [squints at paper] running their website

I was going to say “I hope they never actually implement this”, but then I remembered that I don’t have a horse in this race. Now I hope they DO implement it. It’ll be funnier.