The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.

  • db2@lemmy.world
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    3 months ago

    Gee, that’s too bad. It would be a real shame if that piece of human garbage Steve Huffman lost everything. A crying shame.

  • dparanoidandroid@lemmy.world
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    3 months ago

    Hey fam, I’m another Reddit refugee. I heard Lemmy is what Reddit was back in the day. Sad to see Reddit go to hell.

    • bigb@lemmy.world
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      3 months ago

      More or less. There aren’t as many bots, and everyone is generally aware of traditional Internet etiquette (i.e. don’t be an asshole). Lemmy also feels as homogenous as early Reddit: college-educated white people in western countries.

      I started joining forums back in the late nineties and I’ve learned every place on the Internet is in flux. Things always change. Back in the day, stuff would happen like we would lose hosting because someone got sick of running a niche phpBB forum or the moderation team would change. When social media kicked off, changes were driven by money. Facebook was a big gaming platform in my college years (Farmville), which feels completely foreign to today’s Facebook.

      The smaller the community, the more stable it is. Some of those 20-year forums still exist, albeit in a much more diminished state. If a site/platform gets popular, that’s when things can change quickly.

      Lemmy has already changed since I joined and I’m sure it will become something different in the future.

      • jballs@sh.itjust.works
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        3 months ago

        I used to use RiF and loved Sync for Lemmy too. I just wish the developer would fix the bug for posts showing unread! It’s completely stopped me from using the app for something like 6 months now.

        • Resonosity@lemmy.dbzer0.com
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          3 months ago

          What do you mean my that? Like, your own posts or those of others?

          Not sure I’m seeing that on my side. Could be wrong tho

          • jballs@sh.itjust.works
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            3 months ago

            It depends on the version of Lemmy that your instance is running. My account is on sh.itjust.works which upgraded Lemmy versions a few months ago. Apparently it changed a parameter name that keeps track if a post has been read or not.

            So on Sync, you can click on posts, but they never show as read. It’s super annoying, so I went back to Voyager.

    • SteveNashFan@lemmy.world
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      3 months ago

      Welcome! I came in with the blackout a year or so ago, it’s been fun to see more people show up over the months!

    • brucethemoose@lemmy.world
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      3 months ago

      Politics are hotter than old Reddit, but I guess that goes with the times.

      The “federation” aspect is pretty different in a good way. You see a lot of integration with Mastadon, for instance, as the Fediverse is trying to integrate with itself, and each Lemmy instance is like a little fiefdom with its own flavor and subs, whereas Reddit was always more of a monoculture.

    • Krudler@lemmy.world
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      3 months ago

      If it makes you feel any better, Reddit is and always has been shit. From their “fake it till you make it” days to the “narwhals and bacon” and then the RealFeelz™ community make-believe. It’s the people that made it what it was, the platform has always been a steaming loaf of shit.

      edit: Oh wait, how could I forget the ViolentAcrez days. The LARPing mental case that had 300 accounts and VPNs before most knew what that was, and spent his entire LIFE trolling until he got found out by his employer who very publicly humiliated and fired his ass. The same fuckwit that Spez partnered with to run all kinds of scum subs like JailBait, etc. Reddit is shit, made by shit people. Good people accidentally found it now they’re leaving.

      Edit… Oh what else? I was literally there before commenting so let me just see if I can pull from the steaming shit pile of reddit experiences I’ve had over the decades…

      Does anybody remember her name? I want to say … S… Sahaya? Sahasha? I could be way off the beam so don’t let those guesses mislead you. There was a female who represented herself as a massive pillar of the community and posted almost 50% of the content. I and a few other people meticulously tracked down the fact that she in fact was an online marketer acting in a stealth capacity. The more savvy and experienced users at that time, remember this was like 2002-4(?), we could see through the ruse based on the pattern of her posting. Literally within 10 minutes of revealing the truth about her, she vanished, never to be seen again. So yeah literally the entirety of Reddit was a giant advertisement at first.

      What else now? Let me have a few more bowls and I’ll see what else I can recall.

  • iridebikes@lemmy.world
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    3 months ago

    I left Reddit today. I’m not looking back. I’m absolutely done with these organizations that bow to fascist whimsy and demands. Pathetic stuff from Steve and the admins at Reddit. I hope their stock tanks and they lose their ass.

    • Ironfist79@lemmy.world
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      Reddit banned me for saying mean things about Elon and I’m not going back. Good riddance.

      • Coyote_sly@lemmy.world
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        Same reason I left. Why hang around to get yelled at by bots about “living in a liberal Reddit echo chamber” WHILE the entire site is sucking fascist dick the entire time?

        I remember when I got banned for saying that hey maybe it isn’t hate speech to say that Israel shouldn’t murder children.

        • iridebikes@lemmy.world
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          3 months ago

          Israel has killed more women and children than any other demographic. They have committed a genocide and the US president has called for an intensification and expansion of the genocide. Even going so far as to say he wants to ethnically cleanse Gaza.

        • Ledericas@lemm.ee
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          I was chasing in R/pics that the OP was barking up the wrong tree about Gaza, blaming of course Biden but no Republicans ever

      • FourWaveforms@lemm.ee
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        3 months ago

        Everything he does basically invites people to say mean stuff about him.

        Perhaps he could just stop doing those things? Thinking out loud here,

      • Fluffy Kitty Cat@slrpnk.net
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        3 months ago

        Apparently Elon Musk pressured them into Banning people, and they just went along with it which tells you everything you need to know

    • Brutticus@lemm.ee
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      3 months ago

      I got banned in 2022 for hate speech against Cops. Ive been lurking with libreddit.

      • Ledericas@lemm.ee
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        3 months ago

        Did you know many subs are controlled by former and current Leo. Justiceserved, legal advice, publicfreakout,etc

      • iridebikes@lemmy.world
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        3 months ago

        If you like rap, or well, even if you don’t, listen to Death of a Constable by Brian Ennals and Infinity Knives.

  • flop_leash_973@lemmy.world
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    Once a company becomes publicly traded it always gets worse. Once the shareholders are closer to the executive compensation packages than the customers/users it is all downhill. It is like clockwork.

    Might take a year, might take 10, but the result is inevitable.

  • PerfectDark@lemmy.world
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    3 months ago
    • Removing the messages option and instead replacing it with their stupid DM chat system, even for modmail

    • Stating that later this year they’re going to introduce walled off paid sub-reddit

    • That live stream nonsense they had a couple of years back

    • Their A.I. answers integration

    • Censoring users who mention ‘eat the rich’ and the name Luigi

    • No longer allowing moderators of their own sub-reddit to change a sub’s status to NSFW (after the protests, obv), now requires admin to do this for them if the deem it appropriate

    …who’d have guessed that these decisions were shit. Not the community who told them each time, again and again, right?

    Fuck you, Reddit

      • PerfectDark@lemmy.world
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        3 months ago

        I did the same long ago, but I did go back to reddit. I wish I’d learned my lesson at the time -__-

      • picnic@lemmy.dbzer0.com
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        3 months ago

        This and I already missed the old reddit when they banned porn from /all. API debacle was the last straw when I called quits.

    • Ledericas@lemm.ee
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      3 months ago

      Full AI moderation is what killed it, it was liberally and indiscriminately banning people last month with the slightest indiscretions

  • RedFrank24@lemmy.world
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    3 months ago

    I’m not sure why anyone would ever buy Reddit stock. There is no money to be made in Reddit. They failed to make any money before they went public, and they’re failing to make any money now.

    They tried the whole NFT thing, failed. They’re trying to sell the data to AI companies but once that’s sold they can’t sell any more of it because the benefit of Reddit data was historical data unpolluted by AI, but new Reddit data is polluted by ChatGPT posts and is therefore worth less.

    It’s not even about banning people, it’s about the fact that Reddit was never a sustainable business model from the start, at least not in the traditional capitalist sense where you’re actively trying to make a profit to please shareholders.

    The only benefit to owning Reddit stock is if you have voting shares and can manipulate the algorithm to benefit you in some way. Suppress some voices, amplify others to back what you want to do etc. but you need money to burn in order to achieve that because you aren’t going to be making money directly by owning Reddit stock and manipulating public opinion takes time.

    • UnderpantsWeevil@lemmy.world
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      3 months ago

      It’s not even about banning people, it’s about the fact that Reddit was never a sustainable business model from the start, at least not in the traditional capitalist sense where you’re actively trying to make a profit to please shareholders

      If they’d been stalwart about banning automation and keeping original, legit human content pure, they probably could have used it as a fountain of fresh data for AI, for polling, for engagement farming, and for promotion.

      The site was still growing even despite the admin induced atrophy. But they just couldn’t resist killing the Golden Goose.

      • RedFrank24@lemmy.world
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        I disagree that Reddit would gain in value over time if they kept banning automation, because it is increasingly difficult to avoid AI-generated material polluting your dataset, no matter how much you avoid automation and try banning it. Inevitably, some AI-generated material is going to get in.

        It’s a problem in two ways:

        1. The vast vast majority of data on Reddit has already been sold, so you can’t rely on that data for future revenue
        2. The remaining data that’s current is polluted by AI and is therefore worth less than the historical data because the more AI pollutes your dataset, the more likely it is to lead to Model Collapse, where an LLM is poisoned due to unverified data generated by other LLMs

        I am firmly of the belief that sites like Internet Archive will be some of the most valuable companies in the AI space, because they hold an immense amount of untainted data created prior to 2019.

      • Ledericas@lemm.ee
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        3 months ago

        the mistake was allowing mods to have too much power, and admins to become mods.

    • Ledericas@lemm.ee
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      3 months ago

      its only use now is a propaganda machine, much like X is now, or it will be soon like X.

  • JohnnyFlapHoleSeed@lemmy.world
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    3 months ago

    Seems like putting your efforts behind censoring and banning your user base while simultaneously trying to give a pass to a facist oligarchy is a bad idea. That’s the thing about oligarchy, it’s a small club and if you weren’t already in it, you’re not going to be any time soon. Facebook and Xitter don’t want to share the money from ads and adversarial state\private actors

    • Mike@lemm.ee
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      3 months ago

      This is basically it. It is just harder to run a fascist oligarchy these days. People are way too connected and are sympathetic to other people from other countries. The propaganda can only go so far.

      • Krudler@lemmy.world
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        3 months ago

        Please stop smoking the drapes. We are in the rise of massive fascism worldwide - I literally don’t understand how you could make such a statement.

        • Mike@lemm.ee
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          3 months ago

          I understand we are sliding in that direction. My point is, once there, its harder to keep that regime alive.

          How many people are okay with what Israel is doing? Or Russia? Or (now) the US? Despite the propaganda and censoring all over the internet, not many. Most people aren’t buying it.

          • angrystego@lemmy.world
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            3 months ago

            Once you’re inside, the propaganda is all you get. See people in Russia and China. The repressions become draconian and people just go on with their lives in fear of losing them. With today’s tech, I think fascism is actually easier to keep up.

            • Mike@lemm.ee
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              3 months ago

              I respectfully disagree. Cultural backgrounds also play a role and Russia and China have never known democracy.

              Fascism in practice (not as a demented dream) is a harder sell in the West although we’re not immune to it and we should 100℅ remain vigilant and fight its grown at all costs.

                • Mike@lemm.ee
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                  3 months ago

                  I’m talking the West that had Mussolini hanged upside down out on the public square once fascism was put to practice. The same west that had Hitler and his peers put a bullet to their heads, once their ideology was implemented.

                  Yes, these ideologies were invented in the West, doesn’t mean we accept them wholeheartedly once they are implemented.

        • Mike@lemm.ee
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          Do you think people are buying it, though?

          I’ve never seen so much cynicism against all things controlled media as I see today.

            • Mike@lemm.ee
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              I think you’re also in a bubble though.

              Which is why I’m talking about people who aren’t terminally online degenerates like us.

              People who are largely apolitical, like my friends and family, none of them support Russia.

              I even went to a few protests in front of the Russian embassy. Would you be surprised to know that there were exactly zero protests in Russia’s defense in my country?

              • angrystego@lemmy.world
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                3 months ago

                I’m definitely in a bubble, not in a terminally online one though. I’d say I exist in two sphears that don’t overlap personally, rather spacially around me. One of them is an intellectual bubble that is overwhelmingly but not to a 100% full of people who oppose fascism of any flavour. The other one is a manual labourer or simple job worker bubble - I see a lot more diversity there, many people falling for different kinds of propaganda, superstition, fearmongering. Some of those are already hardcore nazis, some of them are sympathizers in some ways. They usually get informations from the TV, newspapers and friends, partially online as well - mostly Facebook.

                • Mike@lemm.ee
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                  The other one is a manual labourer or simple job worker bubble - I see a lot more diversity there, many people falling for different kinds of propaganda, superstition, fearmongering. Some of those are already hardcore nazis, some of them are sympathizers in some ways.

                  That’s fine, I’m not gonna disagree with this, however I don’t see these people as a large, organized group that is bigger than the anti-Israel, anti-Russia status quo.

                  They usually get informations from the TV, newspapers and friends, partially online as well - mostly Facebook.

                  From TV, really? Maybe if you’re talking about Fox News… That sort of TV doesn’t exist in most European countries, Thankfully.

                  From the internet though yeah, i agree. But again, these aren’t apolitical people at that point, if they are getting so involved in political discussions like that.

  • wise_pancake@lemmy.ca
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    3 months ago

    Reddit has very weak leadership in my opinion.

    I wouldn’t be betting on them, especially when their user base is going to want them to stand up for them and the Elon fiasco shows Spez won’t.

    It’s a tinderbox before the next large Reddit protest happens again and more niche communities splinter off to the fediverse.

  • surph_ninja@lemmy.world
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    3 months ago

    I’m fairly certain they misled investors on their last earnings call. I noticed some banned accounts suddenly had their ban lifted right before the call, and then reapplied right after.

    On the last investor call, they said they had a lot of returning users. This was after their election ban hammers, and prior to the Luigi ban fest.

    Can’t wait to see how they try to spin things on the next one.

  • Hikuro-93@lemmy.ca
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    3 months ago

    I mean, with all the censoring and pandering to Musk, allowing for entire bot swarms to the point it really becomes obvious it’s happening - who could have predicted this?

    That’s right, kids. Allying yourself with fascist tendencies in any way, shape or form will hurt you in the long run. Just provide the damn service people are looking for and stop playing god, trying to use your platform to shape opinions and censor statements you or your buddies don’t like.

  • carrion0409@lemm.ee
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    Good. I got banned just today for “inciting violence” then when I asked what I did they couldn’t tell me. Musk pressuring spez into harsher moderation is probably part of why I was actually banned. I followed every rule but was active in left wing communities and it seems that’s enough to be deplatformed under the trump regime.

    • lydon_feen@lemm.ee
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      3 months ago

      Holy shit, me too.

      They said I threatened violence because in a thread about Putin potentially being sick, I said I wished he had a painful slow death.

      Apparently even bloodthirsty dictators get to have their poor feelings protected by Reddit.

      Fuck Reddit! I’m just gonna abandon that shit platform

      • Doctor_Satan@lemm.ee
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        I had two main accounts. My oldest account got permabanned for a joke about Nick Fuentes. After his address got doxxed and he pepper sprayed a woman who rang his doorbell back in December of last year, I said “hey as an incel he should be happy that the ladies know where he lives now so they can share a cocktail with him”, and I added a cartoon gif of a Molotov. It was obviously a joke, but they said it was “promoting/glorifying violence”. I ate the bullet on that one because they were technically right, even if they were a bunch of humorless twats.

        My other account got banned about a month ago when I up voted a comment that was just a picture of Luigi Luigi (the Nintendo character) smoking a cigarette. Again for “promoting/glorifying violence”.

        Elon Musk is a weak little crybaby and Steve Huffman is a pathetic coward.

          • Doctor_Satan@lemm.ee
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            Yeah they’ve come out and said recently that even interacting with any content or comments that could so much as be perceived as being related to Luigi Mangione is a violation of Reddits policies against promoting violence. People have been getting warnings that their accounts are in danger of being permanently banned just for visiting certain subs. Not for posting. Not for commenting. Not even for voting. Just for visiting.

        • Ledericas@lemm.ee
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          sounds like you were part of the ban waves going on. there was one around the election, another around DEC mid, we noticed because reddit was extremely quiet of all propaganda for like a day or 2.

      • Ledericas@lemm.ee
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        3 months ago

        you got brigaded by pro-russian bots, and yes russian backed trolls do mass report people too.

      • carrion0409@lemm.ee
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        Idek wtf i said lmaoo. Atleast you got told you were deplatformed for daring to disagree with the regime. I just got shown the door. This place seems much nicer though.

        • lydon_feen@lemm.ee
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          Well, I had enough of this bullshit, and together with news that Reddit’s CEO was pressured by Musk of all people to curb dissent, I just deleted my accounts.

          Bye Reddit.

          I’m 100% a Lemmee guy now

        • Ledericas@lemm.ee
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          a ludicrous ban, is when i got “temp banned for report abuse” turns out if you report too many people who have spreading misinformaiton or lies, you get automatically flagged. the community is keeping the trolls in check, while mods and reddit admins sititng on thier asses of selective moderation.

          and we know certain subs, are owned by a few power mods. LEO controls multiude of mods about crime and law subs(this includes the videos subs). askdoc is probably the only sub/medical is correctly moderated, they do it to prevent pseudoscience/ misinformation, one time after '16 election, someone try to analyze Hillaries facial movements as having some kind of stroke(the mods shut that down very quick)

          • carrion0409@lemm.ee
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            The excuse to ban someone over reporting will never not be hilarious to me. Like dawg, sorry were making you do your fucking job and improve your site.

    • LeninOnAPrayer@lemm.ee
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      Harsher moderation followed by a bot farm the richest man payed for to report every account that is critical of Nazis.

      I’m not even kidding. At this point the amount of comments on Lemmy that I’ve read that had 10+ year old Reddit accounts banned for “inciting violence” is crazy. I was one of them a few months ago. Told a dude denying a Nazi salute was a Nazi salute to “go to hell where Nazis belong”. Was banned within an hour. Permanent and IP/Metadata banned. Instant response of “no” to my unban request.

      This is not a unique experience either. Leave reddit like it’s the plague. Digg died because of bad decisions. Reddit seems like it’s gonna become 4chan but for the mainstream. I don’t know if it’ll die. I think they’re purging anyone that has leftist profiles.

      • carrion0409@lemm.ee
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        I’m just sad that I’m leaving all the marvel and action figure collector communities i was apart of behind. But yeah I don’t plan on going back. It’s gonna become infested with nazis sooner or later anyway.

        • LeninOnAPrayer@lemm.ee
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          Yeah that’s probably for the best. I say this with no judgement as a former WoW addict. It’s the time to do shit in the real world and get organized to resist these Fascist. Hit up PSL (Party for Socialism and Liberation) or DSA (Democratic Socialist of America) in your area. If anything it will give you a social life on Friday/Saturday (usually when they have meetups for PSL in my experience). PSL in my area even organized child care during meetups/protests.

          Also, your local SRA (Socialist Rifle Association) if you have one. Basically the only place to train with a weapon that isn’t filled with MAGA hats. But they have literally been overwhelmed since November so might have to deal with hogs in another course if you’re interested in that. Again, depends on your location.

          That’s my experience trying to explore real life anyway. Your path might be different. Plenty of mutual aids to join. Lots of local organizations of any kind our leading the charge to resist ICE. Depending on your location that might be a Mosque, Synagogue, Church, Temple, etc. (Thats one of the main reasons they now legally allow ICE to raid them. Which is FUBAR.) Find out what works for you in your area.

      • Ledericas@lemm.ee
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        2nd richest, many people believe mr PUTIN IS, AND he does have the largest troll farm in existence(which is the reason why many countries in the mess they are right now. and Musks master is putin, since hes likely funded twitter purchase, musk have been seen with one of putins propaganda chiefs in qatar right after it was bought.

    • Hellahunter@lemmy.world
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      I was Permanently banned for harassment because I asked a mod why they banned me.

      Mind you, I’d ask, and they’d mute me for a week straight instead of just pointing out what got me banned.

      lol I pray for their downfall; this news pleases me.

      • Ledericas@lemm.ee
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        Some mods are in cahoots with the admins, so they can just exaggerate the seriousness of a report and get people banned.

    • Ledericas@lemm.ee
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      3 months ago

      Oh yea the generic “site wide ban message doesnt even tell you what the violation was” i think it gives reddit arbitrary and vague reasoning to ban you.

      • carrion0409@lemm.ee
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        3 months ago

        I really hope the company burns. It became everything it used to make fun of since Spez took over.

  • _druid@sh.itjust.works
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    3 months ago

    All I use reddit for is porn now, so the ads are really easy to spot. Like if I see someone trying to show me tupperware when I was just looking at goth girls and femboys, I know to keep scrolling.