Changes to Reddit’s API—which includes new fees for third-party app developers—have been met with pushback from thousands of subreddits, many of which are undergoing blackouts that will last until Wednesday.
I think they are trying to convince themselves that there is some hundreds of millions of revenue they’re missing out on, with the whole “it’s valuable to train language models” argument.
This is definitely their attitude. When spez came back he said his biggest regret when he left previously was “leaving money on the table” and that he thinks Reddit should be in the same league as Facebook and Twitter (before Musk stomped that into mulch). They’re not appreciating what they have, they’re obsessing over all the things they’re think they’re missing out on.
I think they are trying to convince themselves that there is some hundreds of millions of revenue they’re missing out on, with the whole “it’s valuable to train language models” argument.
This is definitely their attitude. When spez came back he said his biggest regret when he left previously was “leaving money on the table” and that he thinks Reddit should be in the same league as Facebook and Twitter (before Musk stomped that into mulch). They’re not appreciating what they have, they’re obsessing over all the things they’re think they’re missing out on.