this post was submitted on 07 Aug 2024
1286 points (98.2% liked)

Technology

59577 readers
3239 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
 

Reddit CEO Steve Huffman has hinted that in future some subreddits could be paywalled, as the company seeks to devise new sources of income.

He suggested that the company might experiment with paywalled subreddits as it looks to monetize new features. “I think the existing, altruistic, free version of Reddit will continue to exist and grow and thrive just the way it has,” Huffman said. “But now we will unlock the door for new use cases, new types of subreddits that can be built that may have exclusive content or private areas, things of that nature.”

This is another move likely to anger Redditors. While the platform is a commercial enterprise, its value derives almost entirely from freely offered user content. That means Redditors feel at least some sense of ownership in a community endeavour, so the company needs to tread carefully when it comes to monetization at user expense.

you are viewing a single comment's thread
view the rest of the comments
[–] XiELEd@lemmy.world 39 points 3 months ago (2 children)

I hate how everything has to be monetized nowadays, or how money is to be expected for everything. Eventually people who provide free service or altruism will be seen as competition.

[–] ZMoney@lemmy.world 6 points 3 months ago

It's called digital enclosure. Enclosure was a movement that began in Britain in the 1700s (but really it's always been going on...) to close off the commons that pastoralists had been using to publicly graze their sheep. It happens to all new media because it's the only way capitalists can imagine their operations.

[–] bluewing@lemm.ee 2 points 3 months ago

They are competition if you intend to do something similar for money.