- cross-posted to:
- [email protected]
- cross-posted to:
- [email protected]
The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.
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Once a company becomes publicly traded it always gets worse. Once the shareholders are closer to the executive compensation packages than the customers/users it is all downhill. It is like clockwork.
Might take a year, might take 10, but the result is inevitable.
I left Reddit today. I’m not looking back. I’m absolutely done with these organizations that bow to fascist whimsy and demands. Pathetic stuff from Steve and the admins at Reddit. I hope their stock tanks and they lose their ass.
Reddit banned me for saying mean things about Elon and I’m not going back. Good riddance.
Apparently Elon Musk pressured them into Banning people, and they just went along with it which tells you everything you need to know
Same reason I left. Why hang around to get yelled at by bots about “living in a liberal Reddit echo chamber” WHILE the entire site is sucking fascist dick the entire time?
I remember when I got banned for saying that hey maybe it isn’t hate speech to say that Israel shouldn’t murder children.
Can I get a “fuck Elon the Felon” my fellow netizen?
Everything he does basically invites people to say mean stuff about him.
Perhaps he could just stop doing those things? Thinking out loud here,
OhNoAnyway.gif
Oh no! Anyways, what’s everyone’s Friday plans?
I don’t have any yet, I need to work out and go for a run, but after that I’ll probably hang with some friends. Maybe have a drink or two.
Imma hop on resonite and get wasted with friends.
I’m gonna go to a Mexican restaurant with friends and have a huge Dos Equis with my lunch.
Playing Pikmin 4, gonna stop soon to make eggs and bacon, and watch the movie Heat before it expires off my To Watch list lol
Teaching my friend’s kids about Linux and python, and watching a movie with them afterwards. Probably have a brewski or two.
Nothing much. Just messing around on here and playing [email protected] and [email protected] while I’m waiting for my turn at the DMV. If I can find good art of Luigi Mangione flying with a balloon or something, I’ll post it my old subreddit.
Not much, just stare at Luigi’s picture and droll.
lmao, they tried to suspend my account for “harassing” a scam post.
They 7-day banned me for ‘encouraging violence’ for saying I didn’t think Mangione deserved to go to jail for what he did. I appealed it and it was lifted, but not before it was upgraded to a permanent ban for ban-evasion on other accounts (I’ve never had more than one account in my 14 years of reddit.) The perma-ban was lifted on appeal too, but by that point I was just like fuuuuck off.
I appealed it and it was lifted, but not before it was upgraded to a permanent ban for ban-evasion on other accounts (I’ve never had more than one account in my 14 years of reddit.)
Reddit has a feature where there helpfully link your account to stranger’s accounts. When the stranger is banned from any sub, you are too. But you don’t know you are banned from those subs. So when you innocently post, you get perma-banned.
I had no idea that was a thing, nor who I would have done it with considering none of my friends or family use reddit. Much less how I could’ve done it without even knowing about it.
Same thing happened to me. I told a guy to fuck off and got banned for not being nice. I appealed, but before that process completed, they permanbanned my 14 year account. I like that on Lemmy I can say normally uncontroversial things like “Nazi scum fuck off”.
Indeed, Nazi scum can fuck off.
i’ve had various accounts over the years and never gotten hit for “ban evasion”. that being said that suspension was my last straw and i deleted my account.
Yeah, what’s even funnier is after noticing and appealing the temp ban I logged off and the only time I went back was to check my mail for a response which is when I noticed the perma-ban, so between those two time periods I was literally not even on reddit, so I have no idea what the fuck they were on about.
I heard they did that a bunch of other users too, temp ban, resulted in perma ban of other accounts as soon as the temp ban was lifted.
I was perma-banned like 11 hours before my temp-ban was lifted, per the timing on the messages in my inbox, so I think the admins just got a lil carried away with the fashy bullshit and then walked it back a little.
I got in trouble for “report abuse” as I reported every post for sexualizing minors in a sub dedicated to a certain musician/OnlyFans model “in their prime” aka before they were 18.
ಠ_ಠ gross
Yes this was worse in my mind than getting the sane for reporting a sub that sold CSAM because at least that involved research and critical thinking (why would a post be a scan of a print photograph taken with an analogue camera of a handwritten list of porn mags? answer: they were all legally produced at the time CSAM)
How absolutely and entirely unexpected.
I wonder how long until they ban porn. That’ll kill it dead for sure.
Idk, I doubt the advertising partners really have a problem with reddit porn. This dip is likely a reflection of the article linking reddit moderation policies to Elon Musk (absolutely hilarious that he’s so toxic to stocks he’s killing other people’s companies now). I don’t think this is even a reflection of a drop in users yet,
literally one of the 2 reasons I haven’t quit reddit completely (the other being I’m slowly deleting all my comments)
you can use powersuite delete i believe, and there are extensions, but much slower than the github one.
fuck spez
Got banned over there a month ago, came here hoping to find something of a Sonic community in the same vein as the one over there (very involved in that fanbase, did a lot of my discussion on reddit), has not materialized yet, not enough fans over here, hopefully that changes at some point. I thought at first that it was the open support of Luigi’s alleged actions that got me banned, I could be ok with that, I get it, supporting violence and whatnot, I broke the rules, and they were sensible rules more or less, but the longer I look at the current happenings over there, the more suspicious I am that it was because his name came up at ALL, multiple times. That’s annoying. That feels less justified.
Also becoming more and more glad it happened when it did. Lot of overt, fascist appeasing censorship going on over there. Like it’s not even subtle. There’s no ambiguity in it, it’s just “this post criticized or disparaged Musk or Trump in some way. (Removed from Reddit).”
Any criticism of conservatism is grounds for removal now. I can’t believe it’s gotten this far.
Is there any Sonic community on Lemmy? Did you make one? I’m a casual fan, but I’d join.
i love it that TROLLS and conservatives ever though right wingers were ever censored. no, almost any one the “left” was censored in most medias.
I haven’t used Reddit since the api change but I suspect stating that Luigi mangione is a hero who did nothing wrong would get me banned on Reddit. Social murder is completely cool and ok. But actually killing the man who oversees the system of social murder? How dare you!?
it got worst after that api apocalypse, which culiminated into musk/luigi , it became increasingly harder to
Huh, maybe if reddit wasn’t overly restrictive to free speech they’d get more actively engaged users. Oh well, I guess they’ll have to suffer the consequences of their actions. I know this article blames reliance on google and stagnant ads for this, but I can’t help but think restricting speech and shutting down discussions also plays a role. Front page of the internet my ass.
Let’s pick a day and everyone short it
I’m not sure why anyone would ever buy Reddit stock. There is no money to be made in Reddit. They failed to make any money before they went public, and they’re failing to make any money now.
They tried the whole NFT thing, failed. They’re trying to sell the data to AI companies but once that’s sold they can’t sell any more of it because the benefit of Reddit data was historical data unpolluted by AI, but new Reddit data is polluted by ChatGPT posts and is therefore worth less.
It’s not even about banning people, it’s about the fact that Reddit was never a sustainable business model from the start, at least not in the traditional capitalist sense where you’re actively trying to make a profit to please shareholders.
The only benefit to owning Reddit stock is if you have voting shares and can manipulate the algorithm to benefit you in some way. Suppress some voices, amplify others to back what you want to do etc. but you need money to burn in order to achieve that because you aren’t going to be making money directly by owning Reddit stock and manipulating public opinion takes time.
It’s not even about banning people, it’s about the fact that Reddit was never a sustainable business model from the start, at least not in the traditional capitalist sense where you’re actively trying to make a profit to please shareholders
If they’d been stalwart about banning automation and keeping original, legit human content pure, they probably could have used it as a fountain of fresh data for AI, for polling, for engagement farming, and for promotion.
The site was still growing even despite the admin induced atrophy. But they just couldn’t resist killing the Golden Goose.
I disagree that Reddit would gain in value over time if they kept banning automation, because it is increasingly difficult to avoid AI-generated material polluting your dataset, no matter how much you avoid automation and try banning it. Inevitably, some AI-generated material is going to get in.
It’s a problem in two ways:
- The vast vast majority of data on Reddit has already been sold, so you can’t rely on that data for future revenue
- The remaining data that’s current is polluted by AI and is therefore worth less than the historical data because the more AI pollutes your dataset, the more likely it is to lead to Model Collapse, where an LLM is poisoned due to unverified data generated by other LLMs
I am firmly of the belief that sites like Internet Archive will be some of the most valuable companies in the AI space, because they hold an immense amount of untainted data created prior to 2019.
Except AI companies are already using data from Internet Archive wholesale with paying them a cent.
the mistake was allowing mods to have too much power, and admins to become mods.
its only use now is a propaganda machine, much like X is now, or it will be soon like X.
Let’s buy majority then fedirate it, actually let it mold
Good, Reddit has no place in the stock market and no amount of enshittification can save them from this fate.
