Reddit's long-term downhill has long-started, API changes was part of the beginning and now, it continues. If Reddit goes public, the need to please investors, VCs and so on will make it even less ignorant to what the users wants.
It has never been a better time to switch to Kbin or the fediverse in general.
Techies will care, most people won’t. Niche communities will still be on Reddit. It’s just easier and data never gets lost (as has proven to be the case many times in the fediverse).
Not lost entirely, but there have been tons of times lately where the answers I look to reddit for are deleted or the discourse in the comments is peppered with deletions to the point that the narrative is gone.
You're 100% correct, but I think this issue has a time limit. Fediverse already can pretty much do everything reddit and twitter does, but still has loads of potential to innovate in areas that those services won't/can't.
Yes, but it will take a lot of time… big tech can just hire a lot of devs to do the job, which is not the case with open source software, people pitch in when they have free time.
Yep, but the ball is already rolling. If you mostly use the big subs the present, post-API-crisis Lemmy will work just about as well for you, and every time another user is added it makes it more viable. Probably at a rate of over one potential user per user added.
Plus, unlike traditional social media, it’s not a monolith and can’t really die. Either Reddit lasts forever or Lemmy takes it’s place eventually.
I consider myself as the "basic average consumer", and generally when I start using a product regularly, the company producing it makes profit, when I stop using it, the company starts making losses. Not that I've got super powers, but I'm really representative of the average Joe, and they are millions like me. So, considering Reddit, a few tries, and i got banned quite quickly for really mundane stuff, which would have, at best, deserved a slap on the hand. So I guess, unless they drastically change their moderator policies, they won't last long.
Besides, checking who were the owners, I've found out that Reddit is a subsidiary of the company (advance publication) owning also WTC, WTC ia a triathlon organisation giving (against serious cash) out of shape douchebags an "ironman" status. But even douchebags don't like being taken for cashcows, and the company is getting less and less registrations, some events are not renewed year on year, and their 5150 series is a huge fail.
So yes, indeed, if there is a company good to short in the future, it's "advance publications".
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