Reddit usage metrics fall thanks to CEO's plan to boost revenue

demvoter@kbin.social to Technology@kbin.social – 195 points –
Reddit usage metrics fall thanks to CEO's plan to boost revenue
9to5mac.com

While CEO Steve Huffman may be dismissive of the thousands of subreddits going dark to protest his planned API changes,...

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He lives in a bubble and he's certain that following Musk's example will make him richer. But what he fails to understand is that, while reddit is massive and people are addicted to or reliant on it, if it stops producing high-quality content, it's going to eventually be replaced by something else. Hopefully, by the fediverse.

Kinda feels like there's not much he doesn't fail to understand

I feel like the main step he's forgetting is that he wanted to install an interim CEO to make these unpopular changes so they didn't happen directly at his direction, so that the dust up can be laid at someone else's feet...after which he can swoop back in, replace them with himself again, not reverse the changes, and avoid the blame.

Not that she was great, but I do kinda feel bad for the way Ellen Pao got dicked over by Huffman and hated by the community.