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this post was submitted on 16 Jun 2023
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Everyone's talking about enshitification, but they're also just extremely late to the game. The rest of big tech monetized a long time ago and pissed off their users, but managed to keep a solid amount of their users and the rest went... to Reddit. I guess I understand a corporation's need to monetize, but when you built a platform that was meant to be different than the rest you're definitely going to experience some pain when you decide to be like them.
Reddit will most definitely survive this and maybe even be profitable in a few years, but they'll have completely given up what they originally stood for to do so. Personally, I'm just happy this whole thing gave me a push out the door and a place to migrate to, Reddit was already turning into a place I didn't want to be long before this.
I could smell the change in the air as Reddit was gearing up for an IPO, months before. I knew 3rd party apps' days were numbered.
What I didn't expect is how much they undervalued their core audience, power users and the collective trust of Reddit users and volunteers. When they announced the ridiculous pricing and timeline I thought it was one of those "announce something terrible then walk back acting like a hero" kind of deals.
Boy did Redditinc and Huffman ever prove me wrong. They doubled down, made clear they have no intention of listening to anyone, and made lots of shit-slinging and shade-throwing comments. They are squandering all the good-will and trust that they had earned over the years, for bottom dollar at that.