I’d say a significant decrease in valuation just before IPO is some consequence. Not enough to truly impact Spez personally mind you, but it’s something.
JonEFive
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I’m more satisfied with my experience here personally. I don’t scroll for hours, I read a couple articles, maybe comment on them and move on. If I come across something interesting that isn’t already posted in my community here, I’ll actually post it because it might actually get some engagement.
One reddit, my post would either be removed by overzealous mods or generally ignored. I had one instance where I posted a question on r/askScience. I searched before I posted but couldn’t find a post that asked the same question. A mod removed it saying that it was too similar to other posts. When I asked which post it was similar to, the mod said “You need to search for yourself, we aren’t librarians” then muted me for 10 days so I couldn’t respond. The sheer ego trip of the matter just appalled me. I thought that a community about scientific inquiry would be a bit more open, but nope - just as toxic as every other sub.
JonEFive@kbin.socialto Reddit@lemmy.world•Look what we're building at the center of r/place!6·2 years agoThe real point is doing something that gets attention. Buying beer just to pour it down the drain is dumb. Buying beer to make a video of you pouring it down the drain then posting that video to social media is protest. The difference is all about how many people see/hear you, and how many other people decide to join your cause.
Likewise, continuing to buy the product after all the protest is hypocritical showmanship, but buying a single 12 pack as a prop and never buying that product again for is boycotting. Keep in mind that the type of people who buy a case or two of bud light at a time are often the type of people who buy that much every week. If enough of those people switch brands, it might create a blip on on the company’s radar at the very least.
Now my cynical point of view is that major companies no longer care very much about negative publicity. No matter how many shitty things the company does and no matter how shitty those acts are, people will still buy their product. Boycotting works on smaller companies because you can meaningfully impact their bottom line. That’s rarely the case with massive corporations.
They don’t care about the users who are making a fuss. In fact, they want those users to leave. They want the complacent social media users who can be easily monitized.
JonEFive@kbin.socialto Reddit Migration@kbin.social•Idea: Fediverse community/"subreddit" explorer2·2 years agoIt isn’t “arbitrary” though. ActivityPub is just a baseline protocol that supports interoperability. Apps like Lemmy and Kbin build upon that framework, but also implement their own unique features and interfaces.
There’s definitely value to being able to specifically search for Lemmy instances or things coming from Lemmy as much as any other fediverse app. But to your point, that could be handled through a filter on a much larger whatever set of data.
JonEFive@kbin.socialto Reddit Migration@kbin.social•Reddit demands moderators remove NSFW labels, or else1·2 years agoIs this particular individual the unfit mother?
Hey cool, my first opportunity to block a troll on the fediverse!
New barely newsworthy post appears.
Reddit staff: A MILLION BAJILLION UPVOTES!
JonEFive@kbin.socialto Reddit Migration@kbin.social•Reddit braces for life after API changes3·2 years agoIt’s a lot like Twitter. Twitter was doing alright prior to Musk. Their user base was as strong and plentiful as ever. There have always been shitty users and toxic corners but Twitter did their best to downplay that and highlight the better parts of their platform. They did their best to walk that fine line between moderation and censorship.
But with Musk spending $44bn so that he could meme without consequence and restore accounts of politically powerful people to gain favor, along with him gutting all of the departments that did the moderation, the site has gone from a legitimate place to interact to a well known cesspool of toxicity that users and corporations are starting to shy away from. Turns out that getting rid of moderators might not be such a good idea.
There are still a great many users on Twitter who are actively participating and that won’t change anytime soon. But the ratio of good content to bad has changed and Twitter’s reputation both as a company and as a platform has been tarnished. Twitter isn’t going anywhere, but many people have grown weary of the antics and moved on. And that’s what we’re seeing of reddit right now. The only difference is the simultaneous mass, organized exodus of users from reddit vs the more gradual enshitification of Twitter.
JonEFive@kbin.socialto Reddit Migration@kbin.social•Kbin.chat - New general purpose instance for spreading the load4·2 years agoNice! Glad to see more options popping up!
That would be my suggestion as well. There’s a chance that all reddit users will be part of the class, but there’s also a chance that only users who attempted to delete data or request that data be deleted will be part of the class.
Attempt to edit and/or delete a few of your comments at the very least and prepare for the class action lawsuit. It’ll probably take a couple years, but there’s no way that some law firm isn’t already looking into it and gearing up to start the process. There’s a particular law firm that I follow that has gotten some really good settlements from social media companies such as this one against facebook. I would believe that if anyone decides to take on a data privacy issue against a large social media company, it would be them.
JonEFive@kbin.socialto Reddit Migration@kbin.social•Reddit breaks the law to quell protests - spez has gone too far12·2 years agoBasically what we already know. Reddit is restoring comments that have been deleted by users possibly in violation of data privacy laws.
Louis goes a little farther by sharing the story of one particular user who tried multiple ways to delete their content including manually deleting every single comment one by one. Then to answer Reddit’s response that user data is “anonomized” by disassociating it with the user account when the user deletes their account, the user points out that at least one of their posts has their full name in it, and by restoring that post against the user’s wishes, they’ve violated California’s data privacy laws.
He then goes into his typical cynical rant which I personally find entertaining but I know he rubs a lot of people the wrong way.
JonEFive@kbin.socialto Reddit Migration@kbin.social•I haven't been on Reddit since the 11th... Anyone else?2·2 years agoWhen RIF said they were shutting down, I took the icon off my home screen. Haven’t been back since. Reddit was something I did when I was bored. Kind of like reading a newspaper or magazine. I didn’t need it abs still don’t. And now we have communities forming elsewhere like here on Kbin and on Lemmy that I can join, and can have a better experience while doing it.
Yeah, so long Reddit and thanks for all the fish.
JonEFive@kbin.socialto Reddit Migration@kbin.social•Kbin and Lemmy should come to a consensus on how to name stuff3·2 years agoYup. That’s the beauty of the fediverse. Don’t like the way one app manages content? I’ve got good news - there are at least two dozen other apps to choose from.
If you don’t like the way Kbin does things and think it should be more like Lemmy, just go join a Lemmy instance. Neither platform will be perfect or will satisfy every whim of every user.
JonEFive@kbin.socialto Reddit Migration@kbin.social•Kbin and Lemmy should come to a consensus on how to name stuff4·2 years agoI think that’s the issue. People really need to remember just how early Kbin is in it’s development. Ernest is working on the main features and keeping the insurance alive (and doing a fantastic job of it). Tutorials usually come much later in the development cycle one the product is ready for the masses.
Kbin got super accelerated adoption because of the reddit drama. It’s missing a lot of polish and even some core features. It is also a different platform from reddit with different goals and design concepts.
People coming here expecting a 1:1 replacement for reddit are frankly in the wrong place. There are plenty of reddit alternatives out there that are much more complete and are much closer to the reddit experience. If people are here, they need to be okay with using a different platform that is in active development and doesn’t have all the kinks worked out yet.
JonEFive@kbin.socialto Reddit Migration@kbin.social•Reddit's response about the actions they took against the subreddits (note: r/mildly interesting DID NOT encourage nsfw content and their suspensions and removal have been revoked by a diff admin)1·2 years agoHe’s emulating a guy who is running his own company into the ground. They’re both going to be left with empty shells of what they first inherited. I can at least give the slightest benefit of the doubt to spez’s original intentions years ago, but it hardly matters now.
And if course there will be no consequences to either of them that affect them directly. They’ll both still have more money than they know what to do with.
JonEFive@kbin.socialto Reddit Migration@kbin.social•Reddit's response about the actions they took against the subreddits (note: r/mildly interesting DID NOT encourage nsfw content and their suspensions and removal have been revoked by a diff admin)1·2 years agoCombined with personalities that were ambitious enough to leave literally everything behind and make a rather perilous trek just for the opportunity to access and potentially exploit those resources.
JonEFive@kbin.socialto Reddit Migration@kbin.social•I was wondering when they'd get round to the smaller subreddits7·2 years agochange community rules to apply retroactively that in order to maintain freshness and improve visibility of smaller posts, anything over x days old or over x karma will be removed.
JonEFive@kbin.socialto Reddit Migration@kbin.social•I was wondering when they'd get round to the smaller subreddits3·2 years agoreminds me of /(thatothersite)/itsaunixsystem
Businesses valuations and a business’ success overall unfortunately don’t always correlate to what the business seemingly has to offer. In this case, reddit is not going to be sold as a community website, but rather a marketing tool.
It’s as the saying goes - if the service is free, you’re the product. I think there will be a decline in active users and overall engagement, which I suspect might lead to fewer ad impressions. Spez is banking on the fact that eliminating third party apps will make up for that.
So long as there is a critical mass of users - which there will be for the foreseeable future, and so long as Spez only goes half Musk and doesn’t turn the site into an alt-right paradise, I see reddit potentially becoming profitable. Advertisers who have been scared away from Twitter/X might be looking to go somewhere safer and might find that in Reddit once all this controversy blows over.
And it will blow over in terms of relevance to advertisers. The API controversy doesn’t concern the average person. Even a CEO being a petulant child is barely worth mentioning to most.
Reddit users assumed that the site was for them. Spez has made it clear that it is not, that it is for advertisers. As much as I hate to say it, there will be plenty of people jumping on the Reddit IPO from that perspective.