It shows how bots were there all the time posting adverts and paid posts anyway. One of the reasons to limit API is other companies were using them to advertise (hidden as a comment or post) without paying the piper.
How all occasions do inform against me, And spur my dull revenge! What is a man, If his chief good and market of his time Be but to sleep and feed? a beast, no more. Sure, he that made us with such large discourse, Looking before and after, gave us not That capability and god-like reason To fust in us unused. Now, whether it be Bestial oblivion, or some craven scruple Of thinking too precisely on the event, A thought which, quarter’d, hath but one part wisdom And ever three parts coward, I do not know Why yet I live to say ‘This thing’s to do;’ Sith I have cause and will and strength and means To do’t. Examples gross as earth exhort me: Witness this army of such mass and charge Led by a delicate and tender prince, Whose spirit with divine ambition puff’d Makes mouths at the invisible event, Exposing what is mortal and unsure To all that fortune, death and danger dare, Even for an egg-shell. Rightly to be great Is not to stir without great argument, But greatly to find quarrel in a straw When honour’s at the stake. How stand I then, That have a father kill’d, a mother stain’d, Excitements of my reason and my blood, And let all sleep? while, to my shame, I see The imminent death of twenty thousand men, That, for a fantasy and trick of fame, Go to their graves like beds, fight for a plot Whereon the numbers cannot try the cause, Which is not tomb enough and continent To hide the slain? O, from this time forth, My thoughts be bloody, or be nothing worth!
@fivezero Holy shit that is one top heavy company. No wonder they haven't made a profit. I'm done with f u/spez but it will be entertaining to watch him continue to devalue the company. Fidelity downgraded the value and who knows what the Chinese investor Tencen thinks. It will be delicious to watch spez screw up his IPO. Desperation has gripped spez and its getting worse.
@BraBraBra I’ve heard people say that. I’m aware that there have been previous reductions in value. My experience is that investors have the best access to a company’s information, often in real time in a situation like this, so I think the investors are baking in any user loss and loss of revenue even if they are not publicly admitting it.
Someone (presumably at Reddit, but there's no hard proof of that), has recently begun using a large number of dummy accounts and what appears to be ChatGPT to post pro-admin, anti-protest comments across the site, and give them a lot of upvotes. Someone figured this out and posed evidence of it to /r/programming. Shortly after that thread reached the top of /r/programming, the subreddit was abruptly closed by the site admins, which is extremely suspect to say the least.
I met a traveller from an antique land,
Who said—“Two vast and trunkless legs of stone
Stand in the desert. . . . Near them, on the sand,
Half sunk a shattered visage lies, whose frown,
And wrinkled lip, and sneer of cold command,
Tell that its sculptor well those passions read
Which yet survive, stamped on these lifeless things,
The hand that mocked them, and the heart that fed;
And on the pedestal, these words appear:
My name is Ozymandias, King of Kings;
Look on my Works, ye Mighty, and despair!
Nothing beside remains. Round the decay
Of that colossal Wreck, boundless and bare
The lone and level sands stretch far away.”
That’s really all on Steve Huffman. He had years to prepare Reddit for profitability and an IPO. He was caught swimming naked when the proverbial music stopped, and he went for the low-hanging fruit (killing the costly API) with nothing but scorn for the dissenting voices.
The board should have fired him after the stealth edits debacle. This guy has no business being a CEO.
I really just do not get why he thinks Elon Musk has it right idea, only isn’t going far enough. And it’s the board has just decided in for a penny, in for a pound and are determined to stick with him even if Reddit burns to the ground. I wonder what metrics they’re seeing that we aren’t, besides dollar signs.
This is hilarious. Reddit resorting to bots…like a new twitch streamer trying to con their way to partner. What a sad, sad outcome for what was once a great website.
Between Reddit and Twitter I hope big tech begins to take notice and realize they don’t control as much as they think they do. They’re much easier to replace than they think, and ultimately they’re just ad companies.
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