Robotoboy

Robotoboy, 2 years ago

Yeah, this. It often takes a lot to kill titans of any particular industry... and like it or not, the old tech bro sites like Reddit, Twitter etc. have grown too large to kill with a single arrow or a single trip of their own.

Instead their death often has to happen as a slow and gradual reforming of opinion. The most popular media sites have been thrown into chaos, and have lost most all of their goodwill (or what amount they may have had of it anyways) leaving them gasping for air. Facebook didn't become "a place for old people" over night. It was a gradual thing.

Reddit will die off. Them locking the API behind a huge paywall will hurt them, not help them. VC's have already lost a lot of faith in the tech industry including social media. They'll have to find a way to make money... and I'm sorry to say, but if they couldn't make money all this time, they probably won't really ever be able to.

The age of high valuation with promises on return are gone.

Robotoboy, 2 years ago

The internet is eternally cyclical. Happens so often. Been seeing people catastrophize and I'm just like "first time?"

Robotoboy, 2 years ago

The bad publicity hurts it a lot though. It's not something tangible that people are going to see results in for a long, long time. It's going to be more gradual than immediate.

Also Reddit will retain a huge majority of people, but the quality of it's communities will decline over time. People will find less of a reason to go there, and companies paying for data scraping will pay less as it will become much less efficient to use it.

Think more like Facebook. Still a huge mega company that has a iron grip in the social media sphere... but largely only gets used by tech illiterate older people. It's often quoted as the "place memes go to die" and "a place for grandma" or boomers in general. Reddit, and Twitter will essentially become similarly comparable.

Anyone saying otherwise, is goofy. Either trying to see an immediate result... or those trying to argue there will be no results.

Robotoboy, 2 years ago

I haven't deleted mine, but I no longer visit the site. I mostly nuked the content on my account a few years ago. Sure there's some stuff now, but it's nothing important. I'm just leaving it there for convenience.

That said I'm mostly moving off of corporate owned media. I put links to my new stuff on my accounts on those sites.