this post was submitted on 27 Mar 2024
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Reddit Was Fun
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Memorial to "rif is fun for Reddit" Android app, aka "reddit is fun", shut down after June 30, 2023
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Reddits current business model makes no sense; a for-profit company can not rely almost wholly on volunteers. Reddit knows this, and so does the market.
So Reddit, a company that never turns a profit, is supposed to hire thousands of moderators, cutting deeper into costs. Dont think so. So there is only one option; AI moderation, no other way. This will be the goal and the final nail in the coffin for Reddit I believe.
I feel like this is all a game to cash in on LLM training and then the c suite is gonna abandon ship. Reddit has never been profitable and there doesn't appear to be a path to make it so while keeping its users.
The data must be with a heck of a lot.