this post was submitted on 22 Jun 2023
97 points (100.0% liked)

Technology

37712 readers
174 users here now

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:

This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago
MODERATORS
alyaza@beehaw.org
TheRtRevKaiser@beehaw.org
gyrfalcon@beehaw.org
rs5th@beehaw.org
SemioticStandard@beehaw.org
TheRtRevKaiser@kbin.social
Los@beehaw.org
coldredlight@beehaw.org
remington@beehaw.org
97
Do You Think There Would Have Been a Large Protest if Steve Huffman Just Said We're Charging to Use the API to Increase Revenue? (beehaw.org)
submitted 1 year ago by curt@beehaw.org to c/technology@beehaw.org
125 comments fedilink hide all child comments
 

I've been a long time Redditor and an Apollo user for about a year. I even paid for it. The main draw for me was the lack of advertising. In the back of my head I kept thinking that it couldn't last. Reddit is losing revenue from the lack of advertising views. It didn't

To me, Reddit's sky high pricing for the use of the API is intended to kill off apps like Apollo and for its users to move to the advertising filled web site or its own app, which I've never used.

If Huffman came out and said this was a revenue move right off would everyone be as upset as they are? Are people upset because Huffman completely mishandled the move or because they got their ad free experience turned off? If Reddit had an app the same quality as Apollo only with ads, would they be OK with it. I've only used Apollo so I can't speak to the other apps.

I can't blame Reddit for wanting to make money. It doesn't make a profit. Investors have to keep pouring in money to keep it going. They're going to want to see a return on their investment at some point. Usually they cash in on an IPO, but IPO's are generally only successful if the corporation looks like it will be profitable or at least the stock price continues to go up. That's how capitalism works.

In my case, I probably would have left regardless. I can't stand adds in my feed. I probably wouldn't have heard of lemmy or kbin if there hadn't been such an uproar. So I'm glad it went the way it did.

you are viewing a single comment's thread
view the rest of the comments
[–] andrew@lemmy.stuart.fun 1 points 1 year ago* (last edited 1 year ago)

And how little time they were giving. And quite frankly, the incredible entitlement spez has shown in the wake of the incident. And honestly from the start as if reddit had cause to be frustrated OpenAI built something cool off of Reddit users' content. As if he built the whole of reddit and all its content without decades worth of free hours from users and mods alike.

He doesn't want to build a platform for communities. He and his company want personal enrichment he already feels entitled to. He's making that pretty clear. Otherwise, IPO tomorrow and use it as a cash infusion rather than a liquidity event.