I'm going to predict that at the 11th hour they walk back the pricing to a reasonable number, as it attempt to 1) save face and 2) to be able to point to their investors and the media that they tried negotiating.
It's too late.
this post was submitted on 25 Jun 2023
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Stop dreaming! Don't get me wrong, I wish you're right, but they've been too stubborn for too long to change course now. They'll appear weak and loose the faih and support of their investors.
On top of all that, the corporate side of reddit want to gain control of the community. The way I think they see it is that it's not a good thing that "mods work for free moderating their forums". They do not have control of their own platform, and I believe that this doesn't go down with investors - if I'm dumping my own money into a company, I want to feel confident that the company is moving in the right direction and they have the necessary controls to do so. Many of us will agree that that is what is unique about reddit and why we love it, but when you introcude investors, business and profits, you need to be able to control your own company to be able to make profit.
Yes, there are subtle ways to control the reddit community whilst still giving the impression that it's free and fair (like what they did with the woman ceo a few years ago, remember?) , but really, all this bad press with the apis is stemming from reddit as a company not being able to control it's own platform. Twitter did exactly the same thing and I for one hadn't even noticed.
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Given that reddit is making it difficult for users to delete posts and comments [1]. I wonder if it will make it more difficult for them if instead of deleting the comments and posts, but we flood the posts and comments with garbage edits.
Something like this could be easily scripted out. Could use browser automation if you don't want to use the reddit api.
If they truly have the ability to roll back deleted AND edits on a post and comment level, then flooding the change history log with garbage edits will cause them to hemorrhage money in terms of cold storage (ie, Amazon S3) and database size.
They can't be infinitely storing all of the edit history. So at some point they have to purge the oldest commits at which point makes it equivalent to deletion of original post, except now they are keeping garbage and paying to keep that garbage stored. Have fun running your LLM on that junk.
Something like this:
- original comment: "Some thoughtful comment here"
- 1st edit: <edited to hit max comment length with garbage content, maybe "lorem ipsom" placeholder stuff>
- 2nd edit:
- 3rd edit:
- nth edit: ...
Again, this assumes they are even keeping the edit history. Would be nice if we can get insider information from a reddit backend engineer to confirm.