this post was submitted on 12 Jun 2023
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[โ€“] kinther 46 points 2 years ago (17 children)

They really should have just found out what the 3rd party apps -COULD PAY-. If it covered the cost of their usage and there was some profit on the top, it would at least bring in some money. Based on what I read by the Apollo dev, there was back and forth communication about pricing for a while until he broke the news.

It astounds me that they chose to cut them off entirely by offering impossible pricing. Isn't some money better than no money?

[โ€“] ultimate_question 11 points 2 years ago (5 children)

Others have speculated that the API pricing model is built around customers who want to use the data for AI training, not customers who want to build apps for public use. The $20M price tag is what they're hoping a mega corp will pay for data access and don't care about anyone who can't afford that much. Some money is better than no money, but for a lot of people the "chance" at BIG money is better than some money lol

[โ€“] smithy46 11 points 2 years ago (4 children)

If this is the case, I donโ€™t understand why they wouldnโ€™t just separate into tiers, where mass data usage to feed into a language model is priced differently than people legitimately using and contributing content to the site.

[โ€“] cjsolx 4 points 2 years ago

I think it's simply that they want to funnel all of their users to official channels. All of this "discussion" is a poorly veiled attempt at public justification. 30 days notice at the quoted price tag was very intentional. My hope is that Reddit seriously miscalculated the amount of damage this would cause. My suspicion is that /u/spez doesn't care and is willing to nuke the site for a one-time payout at maximum valuation.

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