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Reddit IPO: Company's biggest risk is its reliance on unpredictable users
(www.moneycontrol.com)
this post was submitted on 23 Feb 2024
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I stayed awhile longer, but prepped for the worse that came yesterday.
Honestly, I think it did impact the content objectively for the worse. Now that I'm fully moved into Lemmy I'm recognizing that a bunch of subreddits basically declined into irrelevance after the blackout (and I'm only remembering them as I try to recreate my subscription list here).
And it kinda affected the vibe of the front page. As of now, I'd describe current reddit as very meta-naval gazing. So many of the posts are basically rival subreddits going "nuh-uh" and "yuh-huh" to each other. There may also be a new algo in use that's basically encouraging fights between subreddits?
Edit: I should clarify, I think there's objectively less actual content with now the literal same content being posted multiple times but with different takes on it.
I was mostly in the niche subreddits anyway, and it's frustrating that Reddit is essentially still the only searchable website for non-sponsored content in hundreds (if not thousands) of niches. Quality in my niches is still the same ebb and flow that it was.
There still are questions of validity, though. Message boards like Reddit haven't really had their payola/Gamergate/astroturfed-FCC-comments moment yet.
Yeah, it helps that's what my initial prep was: migrating over to discord for niches. It doesn't hit all the marks you mentioned, but it's good enough for me (for now, it's probably gonna have its true enshittening moment too but it's still usable for me at least).
Making the final move here was for the news aggregation with some community discovery, and so far it feels like it's adequate here too.