Article from August of this year (not too cancerous once you get through the first two splash screens).
Reddit shares DROPPED despite increase revenue. Why? Objective signs of enshittification:
- declining active user base
- massive increases in revenue.
People are leaving so the ones that remain must be more heavily monetized, which leads to more people leaving–the enshittification death spiral.
Reddit will no longer be reporting logged-in users as a separate metric lol
I was kind of curious to stick around to see how people would do their obvious calls to violence in ways to evade the stupid AI filter.