Why I'm here (first comment yay)

If I ever become the CEO of a multibillion dollar company, I'm going to say nothing at my first shareholder meeting.

Instead, I'm going to climb up on the boardroom table, remove my trousers and pants and drop a great big shit right there on the desk.

I will then say "That's what we're going to do to our users" and watch in awe as my salary and share price goes through the roof.

What’s he been huffin’, maaan?

They already exist! r/TheLounge is an example, but any sub can lock itself to premium users.

The dumbass does not have an original idea or vision in his body. After turning his users into consumer goods, now he's just thinking about reddit r/lounge 2.0 and combining it with reddit awards 2.0 and reddit talk 2.0.

First of all, that only works if moderators get payed or you get some extremely gullible and power hungry ones, which for the first I doubt his money scrounging self could allow and for the second, that's the problem.

It will also open up a whole can of worms that reddit certainly has deserved for some time now, people suing if they are banned from these communities, specially if it was due to personal fickle prerogative of one of the mods. But considering what reddit has gotten away with, this last point is not really that likely.

A new challenger joins the battle in the Elon / Cloudstrike "ruin an established company any % speed run" challenge?

Literally the reason I’m here. Hope it’s nice

So, I’m not a tinfoil hat wearing conspiracy theorist, but I absolutely believe the theory that Spez & Musk are being paid handsomely under the table by dark money to do their best to ruin Reddit and Twitter. It was the two largest places that liberals congregated, communicated, and publicly posted, and the right wing wants to hamper and/or destroy both sites. I think both are seriously compromised now, and many of the left have fled. In the case of Twitter, it’s just turning into Truth Social lite, and Spez is trying to monetize what’s left of Reddit as fast as he can to rake in cash off what’s left of the dying carcass/bot farm.

I'm assuming this is going to be more like a creator space type thing like patreon/OF. It will make reddit worse of course because patreon and OF already exist we don't need reddit for that but as long as they aren't trying to paywall user generated content on existing subs I don't really care that much tbh.

If they paywall my old comments that I've left up to help others I'm going to go back and delete them.

Go ahead. Only the occasional link brings me to reddit these days and I will treat his paywall just like all the others. By closing the tab and moving on.

From the article "helping users dive deeper into products, shows, games" - that right there is their focus. It's spelled right out that it's going to be primarily an advertising platform.

nice. This won't backfire

On 2024, July 1, I uninstalled Reddit for good. About two weeks later, I finally made the jump to Lemmy, and added a suffix to my username that reflected on this decision.

I am not looking back.

Fuck spez

And this is why I am back in the fediverse! Hi!

I got permabanned from reddit by zionists for calling out their bullshit and saying that Netenyahu should face harsh legal consequences.

I can already imagine how many scams this new feature can enable

"Join our private subreddit to unlock the secret to become rich" and then inside all you find is something like "yolo on Intel" and so on

If you're gonna spend money to post on a forum, might as well just sign up for Something Awful. Or pay for access to Usenet if you don't get free access from your ISP.

Right, you guys keep on penning that really long suicide letter.

Reddit is a media company now, they're not a community. Tons and tons of ads, thin skinned moderators with God complexes running completely out of control, and they now have platform profit responsibility.

Will cost them - this is a significant change to, by definition, some of their most popular content. Many people go to Reddit purely to find non-paywalled versions of content.

Here because of this