It’s honestly really sad what’s been happening recently. Reddit with the API pricing on 3rd party apps, Discord with the new username change, Twitter with the rate limits, and Twitch with their new advertising rules (although that has been reverted because of backlash). Why does it seem like every company is collectively on a common mission of destroying themselves in the past few months?
I know the common answer is something around the lines of “because companies only care about making money”, but I still don’t get why it seems like all these social media companies have suddenly agreed to screw themselves during pretty much the period of March-June. One that sticks out to me especially is Reddit CEO, Huffman’s comment (u/spez), “We’ll continue to be profit-driven until profits arrive”. Like reading this literally pisses me off on so many levels. I wouldn’t even have to understand the context behind his comment to say, “I am DONE with you, and I am leaving your site”.
Why is it like this? Does everyone feel the same way? I’m not sure if it’s just me but everything seems to be going downhill these days. I really do hope there is a solution out of this mess.
Maybe I’m wrong, but maintaining Reddit infrastructure seems pretty cheap to me as most of the contents are words only.
That used to be true until they made the insane move of self-hosting all of the images and videos using i.reddit and v.reddit rather than continuing the previous practice of everyone posting all of the media to imgur and youtube, etc.
They just had to own everything themselves, even if it meant giving themselves running costs that would inevitably climb to youtube-like expenses because of all of the media streaming.
Pure madness.