this post was submitted on 15 Jun 2023
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And so many assholes blaming mods for the situation, not the dickhead in charge that could easily stop everything by reverting the changes.
I suspect that it's not quite that simple. AFAIK, Reddit simply isn't profitable, and they need to make it profitable. Or at least break even. Reverting to mean isn't the answer, because they'd just keep losing money. But I don't know what the real solution is. Obviously they advertise, but people using the non-official apps don't see those, and people that use the old.reddit.com with layered ad blocking scripts also don't see ads; that means those users are costing them money, and not earning them any money.
I don't know what the solution is. Pissing off and losing a massive segment of your user base cuts costs, but also cuts your potential ad revenue.
Agree but they lost good opportunities I think by not properly engaging with people like the Apollo developer. Someone who evidently understood their need to monetize their API etc but instead of thinking what's reasonable they seemed to have pivoted to crazy.
There was surely a halfway house?