Reddit is in danger of a death spiral

AlmightySnoo 🐢🇮🇱🇺🇦@lemmy.world to Technology@lemmy.ml – 302 points –
Reddit is in danger of a death spiral
zdnet.com

Huffman has said, "We are not in the business of giving that [Reddit's content] away for free." That stance makes sense. But it also ignores the reality that all of Reddit's content has been given to it for free by its millions of users. Further, it leaves aside the fact that the content has been orchestrated by its thousands of volunteer moderators.

touché

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By that logic I guess he will have to start paying redditors for their content.

They really should be paying, all of these data companies should. No other business gets away with not paying for the materials they use to make their product. You can't build and sell a car without paying for the nuts and bolts.

Data companies like Facebook and Google keep telling us the data we give them has no value, yet they use that data they collect for free and sell for pure profit to become some of the wealthiest businesses in the world.