Excerpt:
Most major subreddits show a decrease of between 50 and 90 percent in average daily posts and comments, when compared to a year ago. This suggests the problem is way fewer users, not the same number of users browsing less. The huge and universal dropoff also suggests that people left, either because of the changes or the protests, and they aren’t coming back.
Greed comes for every company eventually.
I wish that was true.
Waiting for this to hit Nestle since their early times.
Greed comes for all companies eventually. That doesn’t mean they always fail, it just means they aren’t going to act ethically over potential profit. That can cause companies that are held afloat by a community to fail (like reddit). It has already happened to Nestlé. They crossed that line a long time ago, they just have better PR.
They were also smarter about it, slowly constricting tighter and tighter whereas with reddit it was more of a poorly executed throatpunch
It legitimately feels like the admins were trying to run off all the mods that cared. Still cant believe Spez did the AMA and thought it would smooth things over. They cant be that ignorant to how the community would respond…
Not to be a raging communist but capitalism really turns everything we like into shit.