cross-posted from: https://lemmy.world/post/19466667
Money, Mods, and Mayhem
The Turning Point
In 2024, Reddit is a far cry from its scrappy startup roots. With over 430 million monthly active users and more than 100,000 active communities, it’s a social media giant. But with great power comes great responsibility, and Reddit is learning this lesson the hard way.
The turning point came in June 2023 when Reddit announced changes to its API pricing. For the uninitiated, API stands for Application Programming Interface, and it’s basically the secret sauce that allows third-party apps to interact with Reddit. The new pricing model threatened to kill off popular third-party apps like Apollo, whose developer Christian Selig didn’t mince words: “Reddit’s API changes are not just unfair, they’re unsustainable for third-party apps.”
Over 8,000 subreddits went dark in protest.
The blackout should have reminded Reddit’s overlords of a crucial fact: Reddit’s success was built on the backs of its users. The platform had cultivated a sense of ownership among its community, and now that community was biting back.
One moderator summed it up perfectly: “We’re the ones who keep this site running, and we’re being ignored.”
Reddit certainly had issues prior to the 2023 API change, but that really was a pivotal moment for sure. Overnight we lost apps we loved and people who made the platform what it is abandoned it or worse - were forced out. Good content creators fled, resulting in a lot less quality content.
And we all know how the mods Reddit appointed handled things. Now, I’m not saying they’re ALL nazi’s, but there’s folks running the show who would fit in perfectly with the ‘just following orders’ mindset…
The platform needs to die, the stock needs to tank and the people involved need to be drummed out of the business entirely.