Why the fuck did they even remotely think this would be a good idea anyway? There is literally 0 good will towards reddit right now and for good reason.
I feel like this move has nothing to do with investors and everything to do with setting the standard for big corps like Microsoft and Google to be able to scrape their massive amount of data to train next gen AIs. They know they have HUGE amount of data from now and for years and years ago. Content, created by others, then sold for enormous profit.
I was reading an article from The Verge - they've linked all the juicy parts of the AMA. I don't have a Reddit account anymore since hearing about what their plans were a few weeks ago. It looks like Reddit is facing a very real, self inflicted meltdown.
Fyi - it looks like the reviews for Reddit on the Google Play Store have been locked as well to prevent review bombing.
While I appreciate Spez being burned at the stake, why are there so many fucking awards on things. People know that those directly contribute to Reddits revenue right?
The enshittification of Reddit has been evident ever since the new design rolled out. Unusable on mobile devices. Does less, using more memory and bandwidth.
I've been following that non AMA for a few hours, and it's been a bloodbath. Spez really needed to hire a PR team because that was a clown show of epic proportions.
Burn it to the ground! I wish all top subreddits had the balls to go dark indefinitely to the point they have to backpedal or forcibly take over the subreddits. Burn it to the fucking ground!
I'm surprised they didn't replace /u/spez with woman; then have her make this announcement. Then he could triumphantly return and claim they will do better from now on. ... you know, like the last time they made unpopular changes.