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this post was submitted on 23 Jun 2023
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Reddit Migration
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Let's call this what it actually was though, there was no attempt at making money from the API. This was entirely to shut down 3rd party apps. Smart AI companies will just scrape reddit. The only people affected by this are 3rd party app developers and users.
This is even more amazingly incompetent. There are a near infinite other ways they could have handled 3rd party apps not showing ads, but they instead chose the brute force method that makes no one happy.
Reddit is incompetence. That is their lifeblood.
Fair point. And yes, there's just so many ways he could have made money from third party apps and their users without trashing them. The AI explanation just didn't make any sense to me at all.
A business brain would have followed the money. He's just following half-witted ideas/ego. I don't think he really realises or understands what he had.
The thing that gets me is that rif used to have a revenue sharing arrangement, which was axed when spez came in. He literally had a functional way of profiting off of third party apps and he threw it out.
Honestly, Reddit could have bought Apollo and then done absolutely nothing different and this would have gone over much better.