Reddit Was Fun

6570 readers

1 users here now

Memorial to "rif is fun for Reddit" Android app, aka "reddit is fun", shut down after June 30, 2023

founded 2 years ago

MODERATORS

talklittle

Smithsonian

Dual Core - All The $RDDT IPO Things ft. Jim Cramer's Meltdown (www.youtube.com)

submitted 10 months ago* (last edited 10 months ago) by EvilLootbox to c/redditwasfun

7 comments fedilink hide all child comments

i'm gonna need some advance notice if a super secret step squad comes here

top 7 comments

sorted by: hot top controversial new old

[–] db2 18 points 10 months ago (1 children)

If it wasn't an obvious pump and dump before it should be pretty clear to anyone with at least two brain cells now.

[–] EvilLootbox 9 points 10 months ago (2 children)

$34 to $65 somehow at the moment

[–] db2 11 points 10 months ago

As always, the secret ingredient is crime.

[–] agent_flounder 6 points 10 months ago

I bet it will be in the $10 range in a year.

[–] [email protected] 9 points 10 months ago (2 children)

Reddits current business model makes no sense; a for-profit company can not rely almost wholly on volunteers. Reddit knows this, and so does the market.

So Reddit, a company that never turns a profit, is supposed to hire thousands of moderators, cutting deeper into costs. Dont think so. So there is only one option; AI moderation, no other way. This will be the goal and the final nail in the coffin for Reddit I believe.

[–] Chocrates 5 points 10 months ago

I feel like this is all a game to cash in on LLM training and then the c suite is gonna abandon ship. Reddit has never been profitable and there doesn't appear to be a path to make it so while keeping its users.

[–] LowtierComputer 2 points 10 months ago

The data must be with a heck of a lot.