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Seen on reddit: Ran out of advertisers. Why? Yes.
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this post was submitted on 02 Jul 2023
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u/Spez is following Elon's playbook and it might start the downfall of Reddit
The downfall has already begun. The post quality has decreased severely over the last couple of weeks.
Hell for the past couple years the site has had a significant drop in quality.
Absolutely. It's 90% ragebait garbage these days.
I barely remember Digg ITSELF, but this still reminds me of how it FELT when Digg imploded and evacuated to Reddit.
Y'all need to stop retelling the Digg fable to each other lmao. It happened 15 years ago in a totally different landscape and there were maybe 2M users on Digg most of whom were power users. You think the normies from /r/pics or /r/AITA are gonna evacuate from reddit ?
I noticed this too, all of a sudden the subreddits that went dark or were relatively inactive all had like some sort of low tier post on the 31st or the 1st, I'm not sure which day TBH. I figured those were posts from scab mods that took over to see what activity of the subs were.
Even the sense of humour is the same "how do you do, fellow kids" kind.
Honestly sort of hope so, and I hope it's swift. I really really wish for Spez to suffer as he has to explain to the shareholders how he has fumbled away all their invested money.
Swift? Nah, let it become the next iFunny.
CEOs of big social media companies are not that different after all, they all become the same.
Tom from myspace did it right. Got a few hundred million and now just travels the world with his friends taking pictures.
What? I had Tom in my #1 spot the whole time (didn’t want drama over who was #1), and he never once asked me to go on vacation.
Bit sad innit. I'll have to start archiving all the useful stuff I've found on reddit.
I hope they archive the whole site. There's allot of info there.
Users leaving is one thing but making moderation harder? Yea I don't think that's going to work out