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The final nail in Reddit's coffin dropped today:
(lemmy.world)
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this post was submitted on 29 Sep 2023
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wow, it really is just slow erosion of our rights, huh?
extremely disappointed that we are all fighting for our basic fucking human rights (e.g. privacy) instead of, i dunno, fighting climate change? There's little hope that we can do what we did with the ozone layer again...
The problem is you (and many others, not singling you out here) believed you had rights on a privately controled web platform.
This has never been the case.
In the past reddit said and had "terms of service" that suited their business goals at the time. In the past, those goals were: Use VC money to grow the platform as large as possible as fast as possible.
Now that Reddit is looking to go public with an IPO, those goals have changed.
The goal is now. Generate as much revenue as possible from the user-base created with the VC money.
And it's going to work simply because of people not caring and because of the difficulty of switching platforms. I myself am guilty of this, I'm still using reddit for the communities that haven't moved over to Lemmy yet, though I've reduced my usage because I refuse to install the official app for Android after they killed third party apps. Now that Boost is available for Lemmy, I'll be making the gradual switch. But I doubt the majority of users will bother doing the same.