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this post was submitted on 21 Jun 2023
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To start, I don't agree with what Reddit are doing. However, to play devil's advocate, the company is losing money. They're not profitable. What if Reddit had to declare bankruptcy due to it? How do you propose they make money? Asking for donations? Even with offering Reddit Gold, or whatever pay-for entitlements, they aren't profitable.
ChatGPT is seemingly making a lot of money off of comments on Reddit, and Reddit are giving them that data for free. It makes sense, to me anyway, to charge OpenAI, Microsoft, et al., for access to that data. It seems third party app users were caught in the crossfire. Perhaps that was a lack of foresight, but perhaps it was a calculated (albeit incorrect) risk.
The issue was never charging for the API, it always started off as the insane price, the lack of communication, and the timetable for these changes.
Then it became all about u/spez's behavior. Most of the subreddits were going to do just a two day blackout but his actions really made people realize what a piece of shit he is.