this post was submitted on 06 Aug 2023
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"Reddit Won"
Context: https://gizmodo.com/reddit-news-blackout-protest-is-finally-over-reddit-won-1850707509
Not really? They won short term. In a couple years most of their content will be reposts and bot comments.
It sounds like they've won, and sure the people in charge might catch a payday, but once the Fediverse gets more user friendly (which is happening at a rapid pace), and more of the long term reddit creators move over here, their platform will die.
They have restricted which apps you can use, they are trying to make it so you can't use the mobile site, they'll eventually kill old.reddit. I guarantee they'll implement some sort of subscription service so you'll have to pay to be apart of a community, etc.
Once the porn creators leave and come here, then reddit will start dying
It'll just be digg again pretty much lol. Just bot memes stolen from here or people struggling to let go of a dying site.
Reddit probably thinks it won. They killed all the apps and now they will increasingly force feed monetisation down the necks of the userbase until everyone decides to leave just like they left Facebook.
Which is their goal too probably that's how IPOs and corporations handle tech companies, buy it milk it and let it die. Nobody cares about long term It's all about profit this quarter then ditch the shares to the next sucker.
Reddit will go the same way as Facebook. Never die, but it will be like visiting a retirement village.