He’s had money thrown at him from VCs, thousands of people generating content, and administering content for free, sitting on a goldmine of data and goodwill and Community spirit, and he’s managed to lose money, burn bridges, and fuck up the whole deal all for thppe sake of chasing a few dollars of API revenue and a bruised ego. All while others make millions and gain significant community support using the exact same data with business models he could have just copied or shared in.
He’s had every opportunity. He’s fucked it up at every step.
he's managed to lose money, burn bridges, and fuck up the whole deal all for thppe sake of chasing a few dollars of API revenue
Let's call this what it actually was though, there was no attempt at making money from the API. This was entirely to shut down 3rd party apps. Smart AI companies will just scrape reddit. The only people affected by this are 3rd party app developers and users.
This is even more amazingly incompetent. There are a near infinite other ways they could have handled 3rd party apps not showing ads, but they instead chose the brute force method that makes no one happy.
Fair point. And yes, there’s just so many ways he could have made money from third party apps and their users without trashing them. The AI explanation just didn’t make any sense to me at all.
A business brain would have followed the money. He’s just following half-witted ideas/ego. I don’t think he really realises or understands what he had.
