“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.”
So basically r/lounge?
I imagine they’d be eyeing things like having a partnership with patreon so patrons get access to an exclusive subreddit at a certain tier (with reddit getting some cut). Not saying patreon specifically would go for that but I imagine that type of monetization is what they’d be mostly considering. Or maybe a better example would be something in the realm of substack. Paying directly for access is hard to get people to go for without a third party with financial incentive to drive content.
It could also provide an alternative to patreon’s usual communities for patrons (aka discord lol)
There are private/paywalled Discord servers and forums out there, too, so this could replace some of those. I think the Reddit format is better than a lot of alternatives, so I don’t actually hate this idea.
So basically Reddit wants to be OnlyFans?
There’s gonna be some really interesting subreddit names in the future then
There’s already r/OnlyVans, but it’s not very high volume.
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Probably a good thing, imo. Better than selling data for AI farming and blitzing the site with ads. Hopefully it isn’t the start of the entirety of Reddit going behind a subscription wall. Curating private digital communities is a good option.
During the call, the Reddit co-founder said the company would begin testing AI-powered search results later this year [and] that search could one day be a significant source of advertising revenue for the company.
this does not seem to be an alternative to the existing method of profiting from ads etc., but more of an additional way to make loads of money
Fair, I presume you are correct in how it will be applied. That said, given that Reddit has only ever burned cash, there has to be some connection to gravity…I think?
hahahaha…altruistic…hahahahahahahaha…grow…hahahahahahaha
Altruistic. ALTRUISTIC.
Usually 1984 comparisons are whack, but this is some “Ministry of Love/Peace/Truth” shit where you coat all the terrible things you do with a glurgy layer of ultra-positivity.
He has no idea what that word means. The word he is looking for rhymes with needy.
If they’re already giving exclusive access to Google for search and AI training, my bet is it’s all in a bid for ‘please buy us daddy Google’, and let them handle it from there.
I mean people that didnt care about what reddit has done so far, will probably not care for this either and pay anyways, so they figured why not milk the idiots that are left.
“Unlock the door” is a really strange way to say “lock the door.” What a dolt.
It’s the Conservative/Elon Musk version: censorship and lies are “Freedom of Speech”, falsehoods are truth, everything is projection, etc.
Sounds like a way for them to tap into the OnlyFans market…
Sure, but also the broader “join my Patreon to get access to my Discord server” market. It’s actually a pretty clever move, if there’s a market for it (there is) and if it replaces more insidious revenue streams (it won’t).
I can’t think of any audience that would be worse to interact with for Only Fans type content than redditors.
We need to shore up all the porn instances for the coming wave of users - it only makes sense that’s what they’d wall off.
I wouldn’t be surprised if this was exactly what he was referring to.
What would be the point? Reddit doesn’t make any content. They’re just a platform. If they go ahead and paywall subs, those subs are going to have a tiny potential subscriber base. Therefore, they will be less attractive to post to (smaller audience, fewer upvotes etc).
About the only place I can maybe see it working is AskHistorians. And you pay the Historians to answer the questions. Which would of course reduce the amount Reddit takes from the paywall. Doesn’t seem worth it, to me.
Even then, I think the Historians would rather reply in a new free sub with wider readership than take $20 for putting in three hours of work responding to something. They do it because they’re passionate. Not for money.
Maybe paywalled subreddits are more intended to become competitors to maybe patreon and only fans rather than present day subreddits? Like a lot of patreons have discord access as a perk, the paywalled subreddit could potentially fill that role instead. Don’t think it seems like a good idea and don’t think it’ll become more than a gimic
Dude, what a bummer. Like, I’m glad we have lemmy but there’s certain subs and such that reddit had that aren’t available here.
On one hand it has completely cured my reddit addiction, which is awesome. I’ve put a lot of time into more productive endeavors. But on the other hand, I do miss finding niche subs that had amazing communities.
Aaron Swartz wouldn’t have wanted this
Fuck spez.
Geez, and I thought they reached peak idiocy.
Good good! Let the exodus to Lemmy begin!
Give me your trolls, your shitposters, your politically challenged yearning to breathe hate. The wretched refuse of society’s most failed. Send these, the angry and brain-tossed to me, I open the ports on the router to Lemmy!
