Reddit Is Letting Power Users In on Its IPO. Not Everyone’s Buying::Reddit says it wants to reward users by letting them buy into the company’s public listing. Some say it’s too risky—others say they won’t pay a company they’ve already given hours of free labor to.

  • just_change_it@lemmy.world
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    10 months ago

    This asshole is just exercising his options to take money from the same moderators that were up in arms over his changes last year. Make no mistake, this is Spez’s revenge.

    I really hope this whole thing backfires on reddit, but I think the reality is that it will further enshittify until it’s profitable, and it’s already so big it’s unlikely to fail.

    Lemmy just isn’t a replacement and I think the nature of lemmy will stop it from ever being one unless someone throws godlike resources at one giant instance that federates with basically nobody.

    • ProdigalFrog@slrpnk.net
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      10 months ago

      What is holding lemmy back? I use it almost exclusively for months and find it to be a great replacement.

        • Pirky@lemmy.world
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          10 months ago

          This is the big thing. There are multiple niche, and not-so-niche, subreddits that just don’t exist here. Or they have nowhere near the presence as on Reddit.
          Don’t get me wrong, I’m trying to fix that by contributing where I can, but I am just one person.

        • DingoBilly@lemmy.world
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          10 months ago

          Yeah a lot of people here pretend like Lemmy and as a side thing Linux are these massive things poised to take over the world but realistically they’re just a minority thing that isn’t changing much at all.

          Will take a new competitor doing something completely different to really stir things up to make moving away from traditional options worthwhile.

      • T156@lemmy.world
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        10 months ago

        Lemmy has relatively poor automation and moderation tools compared to Reddit. There is no automatic moderator, for example, and you also don’t have usability tools and things that other people have coded, unlike if you were to use Reddit today, or some years ago in its heyday. Beehaw defederated from lemmy.world because the tools at the time meant that anyone can sign up at .world, and post to beehaw, bypassing their registration restrictions.

        Federation can also be a bit of a headache to get around if you’re a layman. Do you need to go to all of the instances, or risk losing out on content that is hosted on other places? How do you sign up to it, etc. It’s a good bit more complicated, and less intuitive compared to a centralised service like Reddit.

        The user base also isn’t big enough. Lemmy doesn’t quite have the critical mass of users to make it into the mainstream, and put it in more direct competition with a place like Reddit. Even busy communities are really quiet compared to a relatively active thread. This community is arguably only as active as it seems to be because of the bot posts.

        Finally, Lemmy is still pretty young, and has a fair few teething issues. It wasn’t all that long ago that servers that updated to 0.18 couldn’t see any posts from older servers, because they didn’t Federate properly, and not all that long before that where Lemmy’s UI had some serious glitches, such as by seeming to signing you in as someone else’s account. People might want something that’s a bit more stable, rather than moving over for sure.

        It’s probably part of why a fair few Subreddits moved to Discord, since it doesn’t have a few of those issues, and is relatively mature.