this post was submitted on 01 Jul 2023
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It’s possible that the enforcement of a rate limit isn’t because of AI scraping, but rather because they failed to migrate before the June 30th deadline.

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[–] Danatronic 266 points 1 year ago (43 children)

It's so fucking funny how Twitter and Reddit are imploding on the exact same day lmao.

[–] xXxDickBonerz69xXx 39 points 1 year ago (20 children)

Is reddit actually imploding or is it just business as usual?

[–] [email protected] 9 points 1 year ago (1 children)

It comes down to finances, right? Hard to tell what those currently look like, but I read that their evaluation estimate dropped by something like 7% to 5,5 billion USD in recent time.

[–] shoelace 12 points 1 year ago

That was as of May 31st, before any of the drama. So it's too soon to tell what the impact was from June's events.

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