this post was submitted on 30 Oct 2024
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[–] schizo@forum.uncomfortable.business 46 points 3 weeks ago (2 children)

The company reported nearly 100 million monthly users, an increase of 47% from the year prior

My bullshit-o-meter is pegged at 11.

I've been on reddit lately and I'll eat my shoe if that 50% increase was in any way actual real humans, because there's no damn way.

[–] Contort3860@links.hackliberty.org 11 points 3 weeks ago* (last edited 3 weeks ago)

At this point I'm pretty sure it's bots all the way down. And whatever isn't a bot is someone pretending to be someone else or some other BS.

Lmao seriously, these investors have clearly never been on Reddit

[–] just_another_person@lemmy.world 19 points 3 weeks ago (1 children)

Why? Still the same shitty company. They have no revenue model aside from selling what people put in there.

[–] BombOmOm@lemmy.world 15 points 3 weeks ago (1 children)

This was the reason they made the API changes. They wanted to charge for easy access to the content. Sure, you can scrape every Reddit page, but nobody has time for that. Pay up and hoover down Reddit comments for you AI training.

[–] themeatbridge@lemmy.world 11 points 3 weeks ago

It also forced users onto their app, which creates a captive market for force-serving ads disguised as content.

[–] usuarioimanol@lemmy.world 1 points 3 weeks ago

Does anyone use Infinity for Reddit? I understand you have to pay to use it.