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jahlove | 1 year ago

according to their S-1, usage did not drop.

https://www.sec.gov/Archives/edgar/data/1713445/000162828024...

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covercash|1 year ago

I wouldn’t put it past them to ramp up the bot activity as real users bailed so their S-1 would look somewhat okay…

thefaux|1 year ago

It could also be that they have had modest growth from normies offsetting the losses from earlier users. This could explain why it appears to be in steep decline for many of the people here but may look almost ok from the outside.

Or it could just be bots.

TravisHeeter|1 year ago

Agreed.

After the API thing, I stopped using for a few months, converting to Lemmy instead.

Then I got booted from Lemmy for not being communist enough, I started looking at Reddit again maybe once a day.

At first, I was so happy to see a lot of activity on my small subreddits that never had much activity before.

But after a few weeks I realized it's just bots basically rephrasing popular posts from the past. And bots rephrasing responses to those posts.

Where is the next Reddit? I miss it.

JumpCrisscross|1 year ago

That’s the go to jail kind of securities fraud.

satvikpendem|1 year ago

Indeed, like it or not, the people who complained are the power users, a very vocal minority who still use old.reddit. Normal people don't give a shit about any of the controversy.

hbn|1 year ago

They lost all their users that provided value for reddit as a platform. Reddit will surely continue to flourish as a way to show ads to children and astroturf Google search results for product reviews. But I've noticed a ginormous drop in posting quality since they neutered their API. Even small subreddits that were fairly active are now filled with spam and engagement farming, moderators aren't interested in cleaning anything up because their app to do so is trash, users don't want to post because the subreddit is shit up with garbage. It's gotten bad.

Scoundreller|1 year ago

Did growth rate take a pause?

pleasantpeasant|1 year ago

Not sure but there seems to be a lot more bots on reddit. Entire threads with hundreds of comments from bots are all around reddit.