cross-posted from: https://lemmy.world/post/19466667

Money, Mods, and Mayhem

The Turning Point

In 2024, Reddit is a far cry from its scrappy startup roots. With over 430 million monthly active users and more than 100,000 active communities, it’s a social media giant. But with great power comes great responsibility, and Reddit is learning this lesson the hard way.

The turning point came in June 2023 when Reddit announced changes to its API pricing. For the uninitiated, API stands for Application Programming Interface, and it’s basically the secret sauce that allows third-party apps to interact with Reddit. The new pricing model threatened to kill off popular third-party apps like Apollo, whose developer Christian Selig didn’t mince words: “Reddit’s API changes are not just unfair, they’re unsustainable for third-party apps.”

Over 8,000 subreddits went dark in protest.

The blackout should have reminded Reddit’s overlords of a crucial fact: Reddit’s success was built on the backs of its users. The platform had cultivated a sense of ownership among its community, and now that community was biting back.

One moderator summed it up perfectly: “We’re the ones who keep this site running, and we’re being ignored.”

  • Optional
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    204 months ago

    Fuck, I remember Yahoo.

    It was never cool but in the stone age it was hip for about 30 minutes.

    • the post of tom joad
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      94 months ago

      I missed digg. I was on fark before reddit and somehow fark is still around and hasn’t changed at all

      • madjo
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        94 months ago

        Slashdot is still kicking around too. Remember the Slashdot effect?

        • @Hugin
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          54 months ago

          Yeah I remember when cmdrtaco was in charge. It was great back then. Now it’s full of anti woke stuff.

        • @WoodScientist
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          34 months ago

          Yup. I walked the whole path. Slashdot->digg->reddit->now lemmy I guess.

    • Altima NEO
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      54 months ago

      Weirdly enough, I never cared for Yahoo. Back in the late 90s, their homepage was a cluttered mess

      • Optional
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        24 months ago

        Always but for a few minutes there it was the only niftily human-curated view of “The Internet”.