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In unsurprising news, Reddit prepares IPO
(www.businessinsider.com)
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this post was submitted on 07 Jan 2024
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SNOOcalypse - document, discuss, and promote the downfall of Reddit.
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Tumblrfication in 24 months time. Trying to pump it for profit will see the bottom fall out; we've watched it happen dozens of times before
Hence why leftist, decentralized social media is much better. Remove the profit motive and enshittification vanishes.
I miss when my biggest problem with online communities were phpBB badmins and troll-happy IRCops, honestly
The emergence of FLOSS micro-social media as an answer to Capitalist social media's decline is wonderful to see, honestly. Makes me hopeful that leftist structures will continue to gain traction, even if it's slow.