This isn’t just bellyaching. There are serious questions about Reddit as a business. Reddit isn’t profitable. Reddit has never been profitable.
Yea that’s the problem with capitalism. Something doesn’t have to be profitable for it to be good. Sure, reddit is astroturfed af etc but it can be a useful forum for niche stuff.
Besides, it’s generating money for other sites as a content aggregator.
Under capitalism you have to have something be profitable or be subsidized by some megacorp.
But there’s just no way Reddit NEEDS to be unprofitable. Lemmy is not exactly profitable, but because it’s not bloated it can run on very little money. And it accomplishes the same as Reddit. Why can’t we have nice things?
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