this post was submitted on 14 Jun 2023
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[–] deathworlder@lemmy.world 21 points 1 year ago* (last edited 1 year ago) (7 children)

This one will pass as they lose substantial number of users and contribute to the growing fidiverse.

However for them, it's not a big deal as the get the following benefits

  1. All undesirable users leave for fidiverse or other reddit alternatives.
  2. The remaining users will be tame like the users of FB, Instagram. Which destroys Reddit as we know it, but the new Sanitised Reddit will be more appealing to investors in an IPO even with less users.

Hopefully this is a turning point and leads to the development of The real Web 3.0, federated version of Web 1.0. (The Metaverse bullshit can no longer be called Web 3.0)

[–] Perdendosi@lemmy.world 11 points 1 year ago (2 children)

@deathworlder@lemmy.world

However for them, it’s not a big deal as the get the following benefits

All ~~undesirable~~ sane and productive users leave for fidiverse or other reddit alternatives. The remaining users will be ~~tame~~ batshit crazy like the users of FB, Instagram, posting conspiracy theories, lies, flames and other content that gets people riled up, but results in more eyes and more clicks. Which destroys Reddit as we know it, but still generates the income that will appeal to investors in an IPO

FTFY.

[–] deathworlder@lemmy.world 2 points 1 year ago

Exactly, this is what they are banking on.

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