Friday, June 16, 2023

Reddit's CEO Seems to Want to Destroy Reddit

Reddit's CEO, Steve Huffman, had plans to make Reddit more profitable by charging third parties a ton more to access the app's functioning. The fees were absurd and some of these apps make Reddit accessible to people with disabilities so the community rebelled and certain pages on Reddit (big and small) went, "Dark." The pages couldn't be accessed after each community voted and moderators took the pages offline for 48 hours to send a message to Huffman. Huffman heard everyone loud and clear and now...wants to make it easier for people to vote out moderators. Wait, it seems like he took the wrong lesson from the blackout?

That's right, Huffman made it clear he doesn't give a damn about Reddit's community because, at the end of the day, he wants as much money as possible. Reddit's CEO seems to want to destroy Reddit. This arguably makes him a good capitalist but a bad person. In all seriousness, Huffman could probably raise fees a little and do okay or even work with third-party apps, but he's just going scorched-Earth and if any moderators on Reddit get in his way he's gonna give them the boot too. I get that Reddit wants to make money, but if you alienate the thing that makes you money (users) then you're going to end up cutting off your nose to spite your face, as the old saying goes. This is a balancing act and if Reddit wants to actually be profitable and possibly even go public as a stock then Huffman needs to balance the desire for cash money with the users' desire for a good experience with Reddit. That's what everyone else is saying, at least, whilst Huffman makes it clear with his wishy-washy damage control about Reddit blackouts that he's going to just barrel ahead. This probably won't end well.

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