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Cake day: August 1st, 2023

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  • Instead of focusing on its users and the value of self-governance by volunteers, Reddit has agreed to hand over content they’ve generated to Google to train its AI models, in efforts that are now being investigated by the Federal Trade Commission.

    Reddit users should now stop questioning themselves about who’s more important than whom.

    It’s anybody’s guess as to where Reddit’s IPO will go. Its opening price at $34 a share is the top of the anticipated range, indicating that investors are excited. Following its debut, Reddit shares jumped as much as 70 percent, confirming this suspicion.

    I must’ve not really looked, but this is quite the confirmation that Reddit finally pulled the trigger. The enshittification is due to come but we’ll see it in time if it isn’t here yet.

    Reddit is dead. But is it truly spez’s fault entirely? I reckon to margin that he is 90% of Reddit’s problems. The other 10 is the users, because as we know, they complain more than do more.