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They can't have seriously thought this would work in their favor lmao
People just want to consume mindless entertainment. I'm extremely jaded over the whole thing and I'll be very glad to be proven wrong, but I betcha regular users will participate as usual and drown out any form of protest.
Preaching to the choir there. But with that being said, a lot of the actual content creators on reddit have jumped ship. It's still going but it's not as busy as it used to be, and upvote/comment numbers are down across almost every sub whenever I look at it. There is clearly a market for that form of content, seeing how it has frequently been plagiarized by Youtubers, instagrammers, and now tiktokers for the past decade or so. If that content truly falls off then reddit will be in serious trouble.
It still boosts their stats up.
Sure, but at the same time all of the casual redditors who somehow weren't aware of the controversy (the ones making threads asking who spez is, for example) are now going to learn more about the controversy and be informed enough to make their own decisions on continuing to use the site. For the short term their engagement will go up but it's very possible that their long-term engagement drops even further after this decision