The bulk of heavy users are on third party apps, most likely.
"Taking over" is the wrong tense and the wrong interpretation. With very few exceptions, charter schools have been a Christian nationalist ploy nearly from the beginning.
To some extent, Reddit does get a slice - in the form of user engagement. User engagement is how they generate ad impressions, even if it's not from the users on the third party apps.
They COULD have simply put ads into the API, or made it a requirement. They didn't.
Their entire goal is to maximize "value" before their IPO. Control and number inflation. They don't care about the long term. Spez wants to cash out, and he doesn't care what it costs the company.
Even worse, their official app uses the same API -- and, by estimates, the Reddit app uses more calls than Apollo does.
They wanted more per user than they will ever make. A multiple of that, in fact.
Knowing what I know about the costs of streaming video, I really want to know what the alternative is for a platform that can't just throw money down the drain. To my mind, there are only two options here - people watch ads (within reason, but 2 hour ads aren't resonable), or people pay YouTube (a la Premium).
If you want things for free, the only way to make that happen sustainably is ads right now. Donations simply will not work, especially for something with the costs that video incurs - to say nothing about being able to compensate creators for their time and effort.
Money is going to be the deciding factor in the long-term health of the entire Fediverse. More users on each instance means more costs -- and to some extent, even users not on that instance will contribute to cost. That money has to come from somewhere, and eventually, if the Fediverse is going to scale up to even a sizable portion of what we're moving away from, we need real, consistent money involved. It doesn't have to be full VC corpo junk, but eventually, some instances are going to need a team.
I want this stuff to work great, but expecting the people running it to pay the cost forever isn't sustainable.
Because that dip isn't due to the blackout. Reddit was pretty hard down for about an hour.
As someone who moved out of TN, seriously, good for you, and I'm glad to see you being reasonable - I've caught so much flak for moving out from other queer people.
Yeah, I just moved from Tennessee to New York. Look, there's stuff wrong with every state, but at least NY isn't going to try to kill me or invalidate my marriage.
He just admitted, just as they're trying to IPO, that they're still not profitable. If these third party apps that make up a fraction of their users -- their most engaged, active users, by the way -- are the difference between profit and loss, they need a better model.
Start with canning Spez. Dude's been a walking liability for them for at least the 12 years I've been on reddit, and everyone knew it back then.
Do you want Reavers? Because this is how you get gorram Reavers.