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Reddit CEO (/u/spez) is going to hold a AMA about the API update
(www.reddit.com)
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this post was submitted on 08 Jun 2023
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Technology
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Unless they announce they're going to undo the pricing changes completely, I don't see myself using reddit anymore.
0% chance they go back to a free API. Maybe, just maybe they end up scaling back API pricing for third-party apps to something reasonable that would grant them the same revenue per user that they would get from the first-party app.
The other piece of this is that the API is also used to train AI on Reddit's data. For that application, given the colossal amount of venture capital going into AI right now, their API pricing isn't all that absurd. If Reddit were reasonable they would offer different pricing depending on what the API is going to be used for--but, then again, it's Reddit, so personally I'm throwing in my lot with FOSS.
Not a chance. They are going to charge significantly more than that. Probably 10x that amount and tell us they "listened".
Still I'm here as well. Now let's watch that place burn together I guess.