Reddit - The Worst Monetization Failure In History

[@planesrift]

The monetization is so bad that I use it way more frequently than other apps.

[@LogicallyAnswered]

Hahaha, I bet a lot of people think the same way

[@hansolowe19]

If they make it awful with ads and rubbish sponsors, I will stop using it and go to the successor. Old reddit forever!

[@Matt-bp5vy]

What are you talking about. Every second post is an ad. Since they killed all 3rd party apps I started using the official one and it's atrocious.

[@Stilllife1999]

​@@Matt-bp5vythat's why I didn't start using the official app and jumped ship to lemmy instead

[@hansolowe19]

@@Matt-bp5vy I don't really use the mobile app anymore. It is awful.

[@jme2006]

Reddit's lack of hypermonetization is actually the reason why it's usable compared to every other platform. If anything, this should be taken as a good sign.

[@marioalexanderski9598]

I agree

[@LogicallyAnswered]

Fair enough

[@TDCIYB77]

Social Media socialism? Making other people subsize your social media that you dont want to pay a penny for yourself. Quite on brand for Redditors.

[@shadowpat810]

Who do you think will fund their loses then?

[@Kratargon]

Yeah, there’s a reason it’s lasted 20 years… and the ipo indicates it’ll be dead in the next 5.

[@MartinThePolarBear]

Reddit is 100% gonna kill old.reddit like they killed 3rd party apps and Rewards

[@LeftyPencil]

It's only a matter of time till the few remaining 3rd party apps close, but I'll keep using Infinity till then

[@belstar1128]

the new one is not good i hope reddit become less popular

[@themysticalgrump4364]

@@LeftyPencil You can actually build your own Infinity apk following a guide someone posted on the Infinity subreddit, which is what I did a few months ago and it works fine. The post is the second one if you sort by top of all time.

[@MasicoreLord]

watch them try to restrict the allowed nsfw at least too in the future, similar to KZbin.

[@Cobalt985]

I will certainly be sad but I've already moved to Lemmy.

[@darrenzou2225]

honestly reddit awards were good for monetization but then they did free awards and it made 0 sense. the biggest attrocity is reddit search algorithm which is completely garbage

[@IL_Bgentyl]

It’s pretty common in monetization to say reward people for daily use with minimal free awards to condition you into logging on daily and using awards daily. So if you run out you’re more comfortable buying more.

[@Dertheus]

lol i always use google for a question and then add reddit at the end cuz googles search algo is better

[@ceoatcrystalsoft4942]

​@@Dertheusnot anymore. They use ads to determine what is shown to you. Bing has actually become better than Google because no one is advertising on bing

[@Memecube]

@@Dertheus same here, it's literally a better quora but you have to rely on google to find what you want

[@Animatron11]

​@@IL_BgentylYeah, the thing is that they took it to an absolute extreme. Spam and spam and spam on comments and posts with a tsunami of free awards. It was a nightmare to go through, they lost their meaning completely. I loved the animated creative ones or the over-the-top premium ones, but it had to end eventually. Why they completely removed them and replaced with crappy "golden" upvotes, I do not know.

[@ChaoYangMF]

Big shout out to the U.S they love Reddit and Porn hub apparently.

[@germanshepherd6638]

😏😏😏

[@lukecwolf]

We really brought those and amazon to the top 7 huh

[@jc-iz8lp]

yall horny asf lol

[@TheeGlocktopus]

It fits, because the average reddit user is a basement dwelling neckbeard with no say or control in real life, and no prospects of finding a partner, so in between all the armchair psychologist rants, anti donald trump posts, and mass moderator bans, pornhub they visit to relieve the stress of being an unlikable, unlovable nihilistic socialist loser.

[@johnl.7754]

Surprisingly the world loves Porn hub even more (higher ranking than the USA)

[@_Super_Hans_]

I stopped using Reddit when they banned the clients.

[@BigBoyJay_69]

You still can use them! It's just a bit of a workaround.

[@RyanGaming21]

Clients?

[@IceBlueLugia]

If you’re on Android you can easily still use basically any alternate client using your own account’s key. I use Sync and it works great

[@IceBlueLugia]

@@RyanGaming21 Third party Reddit apps.

[@codycast]

Not when they banned users/groups that they didn’t like?

[@jakeadams2562]

I’ve ran Reddit ads in the past and am 99% sure my impressions were drastically inflated by bots and fake views lol

[@Kitarp06]

i think it more that redditors will never click on an ad

[@AaronHarver-dj4yq]

No 90% of traffic on Reddit is definitely bots

[@Kuzyapso]

Your are were clicked on by real people who weren't your target audience

[@thewhitefalcon8539]

I've ran Reddit bots in the past and since they turned off the API bots definitely started viewing ads because they had to view the page like a user

[@jackstoltz330]

@@thewhitefalcon8539What’s the point of running bots on Reddit?

[@zengrz]

The problem is not the monetization techniques, it is the audience of the website and nature of the business.

[@LogicallyAnswered]

Definitely a large part of the issue

[@ResidentWeevil2077]

Most subreddits would need to be banned-more than 22% mind you-and Reddit seems to be caught between its user base and advertisers.

[@bazookaman1353]

​@@ResidentWeevil2077Opposite direction. Make it the wild rest and fun will do the rest.

[@dontmindmeimjustchilling]

@@LogicallyAnswered "Issue" lolol

[@stereo-soulsoundsystem5070]

it sounds like they were planning to wipe users and "cleanse" themselves for corporate dollars years ago. Almost like they were making a honey pot or something

[@deletedaxiom6057]

One thing overlooked in your history is the affect of Arron Swartz after his company infogami merged with Reddit, very soon after Reddits creation. Arron Swartz was a very idealistic person who believed in the free flow of information. I think his ideas and philosophy is what many of the original user base gravitated towards.

[@michelians1148]

State assisted murders are typically memory-holed by youtubers like this.

[@IanChristopher]

Reddit is one of the few websites that I used without an ad-blocker, their monetization is so bad I often didn't notice any ads

[@jacobconcannon4677]

reddit should just add something like $1 a year for complete app customisation or some other fun gimmick, it would probably raise their income 50%😂

[@inthedepthofsadness]

This could be affective , people spend a lot of money on “skins” in fortnight. Make this guy an executive

[@Anonymous-df8it]

Or donations?

[@Travellingbadsalesman]

Reddit is good for Marketing. I used to work in a marketing department for a manufacturer. I recommended they use Reddit to engage their customers because we sold plumbing equipment and it gave us an area where we can answer questions and discuss technical features in depth.. long story short it made great sense but I left the company before it was properly acknowledged and the marketing staff just didn’t understand Reddit. Manufacturers could make subreddits for their products and brands meaning you could go directly to the source instead of secondary/tertiary information sources.

[@Travellingbadsalesman]

@umbrellastudio7481 not for consumption (to have people buy your product/service) but for customer engagement. Think Reddit AMAs but for corporations.

[@NoMusiciansInMusicAnymore]

There's always someone from marketing trying to sneak in amongst the humans

[@Travellingbadsalesman]

@@NoMusiciansInMusicAnymore I was a web developer that just happened to be in the marketing department.

[@mothra__13]

The idea that you can be unfiltered on Reddit is laughable.

[@guncolony]

people make throwaway accounts to do that. it's actually part of the reason reddit's userbase is so high

[@SilasonLinux]

Just depends on the subreddit you post on.

[@CMSonYT]

more and more subs are getting locked by karma requirements. Don't forget you'll probably need a throwaway email too. Don't forget that more than 70% of accounts have at least one shadowbanned comment. I've never seen a website as controlling as reddit. Reddit has changed massively for the years....

[@Torbintime]

The censorship is insane. You will get banned for not completely agreeing with woke propaganda even on the 4chan subreddit, you have to literally change words to be able to post and go past the filter.

[@martinpalm5]

@@guncolony reddit will ban you for saying that they're only two genders

[@Tential1]

7:00 ya... Reddit is extremist. That's why it's hilarious that people are using Reddit data to train to act like normal humans. Reddit is notorious for purposely not answering your question

[@luckydog5791]

Reddit users are extremist cause they don't like unfettered, hyper-capitalism?

[@logician3641]

LOL

[@Dan-n5h9m]

Without using reddit Google search is 100% worthless. Also I can't find discussions of any real news yelling the truth outside reddit subs and a few youtube creators....and theyre removing most comments of people telling the truth there too. I can find 20,000,000+ news sources of legacy media all saying 1 exact same thing and nothing else, and that 1 thing has zero reflection on reality....but I don't want to be lied too and never have a single issue I care about discussed.

[@stevenlynch3456]

You're implying that the "normal" human isn't an extremist. It would be extremely statistically surprising if any given human isn't extremist in at least one aspect. A person who is average by every possible metric (e.g., hobbies, weight, various forms of intelligence, stances on political issues, etc), would be very, very unlikely. If you are intending to mean that only the viewpoints expressed on Reddit are extremist, then that's probably a case of "if you don't have anything interesting to say, then don't say it" combined with "this post is boring so I won't pay much attention to it" and other places on the web restricting those topics even moreso than Reddit does. Extremist viewpoints will naturally gain more views over time than regular viewpoints, regardless of the platform; content moderation should also be considered a factor in the question of "what content should be allowed to persist?". The extremist points of views are what spark great discussions and are what define the full range of the human experience. Otherwise, we'd all be talking about how we walked/drove to work today on a road in a car, with no further details given, like how your car works or how the sun shines or how your car mechanic is a classic liberal/sociopath/trumper/greedy human. Yes, I'm defining extremism to include those more esoteric topics like car functionality because they are not frequently talked about in mainstream media and therefore are not "average"/"normal". I am American, so that may be a contributing factor to the deeper topics not being commonly discussed; maybe it's a global thing. tl;dr The extremism of Reddit's content for training an AI is good too, not only bad. If Reddit weren't extremist, there would be minimal effectiveness in using its data to train an AI to act in ways that a human would.

[@Blah5641]

5:50 i was thinking 'I wonder if he actually owns that vehicle'

[@LogicallyAnswered]

Hahaha, he can def afford it. If he’s leasing, it’s a strategic decision

[@divitkarekar5803]

guy has 25 mil subscribers,he can definitely afford that vehicle

[@mrroger-t6m]

I thought he's just a trust fund kid or something

[@PainAmvs_]

he makes minimum $500k a year since years ago lol he’s fine.

[@katrinabryce]

@@LogicallyAnswered How much is the daily rate for that truck from a car rental place?

[@--zero]

Another thing that helped Reddit a lot at its start is that the website Digg (which was/(is?) similar in function to Reddit) pushed out an update that changed the layout, and a lot of people on Digg really hated the update, so there was a mass migration of Digg users to Reddit.

[@cjxgraphics]

The irony of forcing advertising on a website, who's user base is well known for absolutely hating advertising. And then there are the many AMA's. Some of them are great, and we get great responses from celebrities and companies alike! But then there's the one like Google did the other day, where they completely ignored every single issue that has been nagging Google users for years. Reddit is an interesting beast; currently one of the best archives of human knowledge (since Google has become so damn useless for searching lately), and at the same time one of the scummiest underbellies of the internet. But that's all just my 2 cents and doesn't change a thing in the end. Just like my posts and comments on Reddit.

[@just_jedwards]

In what world did reddit "popularize" the acronym NSFW? That's been in common online usage at least back to the hayday of the something awful forums in the early 2000s and used frequently there, on fark, etc.

[@mothra__13]

This guy is clearly a Zoomer who doesn't actually know that much about Internet history.

[@X_mano]

Maybe enthusiasts like you know the term from the beginning of time, but for the general normies, we wouldn't have known it if not for reddit. Also, just because it was there doesn't mean it was popular.

[@shapesinaframe]

He completely erased Aaron Schwartz from its history. Unbelievable.

[@repatch43]

Yup, I don't see the typical amount of research having been done with this video. It's more of a monetization evangelist type of video IMHO.

[@mustangnawt1]

That’s weird, Gen X, I haven’t known what NSFW was for longer than a decade @ most. Online all the time

[@raideveloper]

Reddit is the last piece of the good old web, but it's going away fast, when it becomes unusable like instagram, twitter, etc will be extremely sad

[@IanChristopher]

@@bonerjams2k3 Tell me you join the wrong community without telling me you join the wrong community

[@jongxina3595]

Lol reddit became hot garbage for almost a decade now

[@hendrx]

reddit is a huge censorship hub, don't compare it to old web

[@baller6382]

Honestly Reddit sacrificing monetization to become an AI trainer might be their best path forward. Users stay happy with less ads, Reddit makes bank from ai companies.

[@guncolony]

Yep. On the line of alternative revenue sources, I also feel like partnerships such as the one between Google and Apple may be the way to go. iPhones basically acts as a giant ad for Google Search due to having it as default, but people don't notice and don't react to iPhones negatively due to this de-facto built-in ad, unlike other ads. Can Reddit pull off something similar? For instance they could build in a default video editor or search engine specific to posts on Reddit but in doing so, advertise another brand in the process and that brand has to pay Reddit to be advertised.

[@龙龙-o5u]

Reddit can be useful and annoying at the same time. The mods on there are straight-up sadistic, and the platform itself feels like the biggest sadist ever. They ban accounts for the smallest reasons, which just ends up attracting more negative people while pushing away the positive ones who’ll eventually quit.

[@ProjectPhysX]

From a technical perspective, reddit is a ship wreck. The mobile website is barely even working.

[@-cheshire-cat]

You mean the mobile website that throws popups constantly saying, "Download the F**** app NOW??!" 🤮

[@giraffeparty0]

​@@-cheshire-cat funny since the app doesn't work either. constantly refreshing my page and it says "sorry we couldn't find any posts" despite me following many active subs

[@k.h.6991]

​@@-cheshire-catthat one yes. And then you do, to find out the app is barely usable. I only use reddit on desktop for that reason.

[@s.a.k.i7768]

@@-cheshire-cat The worst is it was made so lack-luster in purpose so you would feel obliged to get the actual app🤢

[@ladyeowyn42]

The app is decent

[@nedalsoned9940]

its hard to monetize a hangout spot for unemployed people

[@LogicallyAnswered]

😂

[@rohithkumarbandari]

Most people with high paying jobs like engineers and intelligent people come to reddit. That's why reddit seems to have answers to most questions searched on google.

[@akashP998]

@@rohithkumarbandari Thats a tiny minority. There are way more unemployed simps / gamers / basement dwelling incels on that platform now especially post pandemic. Most of the intellectual people left that's why most useful posts are pre 2020.

[@Eggzy-b7f]

​@@rohithkumarbandarigrow up

[@The-Cat]

@@rohithkumarbandari copy-paste intelligence

[@GuantaiN]

Reddit is my go-to social media because the users can get real without necessarily showing off. Unfortunately, giving really good advice online is not favorable for monetization.

[@Brawarren]

Thanks to this video, i just joined reddit. i am a fifty-four year old South African man. i had facebook once, but i was not impressed by being bombarded with ads and the flaunting of wealth (or rather, people pretending to be wealthier than they actually are). Thanks for another great video Hari. Regards, Warren eMakhalathini Kwa-Zulu Natal, South Africa

[@TheAsdfrid]

Reddit is fkd now. Once you go public, its all about money.

[@Travellingbadsalesman]

The average time spent on the hub is 11mins 😂😂

[@germanshepherd6638]

For a quicky

[@Beefster09]

Does anyone actually watch the full video? You only need the first 5 minutes

[@TQFMTradingStrategies]

All those hastily closed windows really cut down the average.

[@Eggzy-b7f]

​@@Beefster09mid 10 mins

[@Eggzy-b7f]

​@@Beefster09It's all shit these days

[@mr.y.mysterious.video1]

Reddit Always seems like usenet but with an inferior user interface

[@keenoogodlike]

Reddit CEO Steve Huffman call moderators "Noise". Everyone remember it.

[@indigocloud8408]

Every single fucking reddit thread is the same, it's the worst when you're trying to ask a question, the first one or two comments will be relevant but completely useless and the rest is a waterfall of always sunny and monty python references.

[@k.h.6991]

Is there a better place to ask questions?

[@arnezbridges93]

​@@k.h.6991unfortunately no, Quora was legit better... until they monetized, and it fell to complete crapp lolz.

[@arnezbridges93]

​@@k.h.6991unfortunately no, Quora was legit better... until they monetized, and it fell to complete crapp lolz.

[@hurrdurrmurrgurr]

On r/AskHistorians I asked what the earliest known metal armours were, a mod closed the thread and commented that simple questions should go to their simple question megathread. I posted it there and got zero replies. Meanwhile the subreddit was covered in, "is X politician similar to Hitler?"

[@karmanderdimdung223]

@@hurrdurrmurrgurr my experience with asking questions on reddit is you can't treat it ilke google. the answers are not from a machine. it's real people taking their time off to help with your questions. You kinda have to lurk and sort of get acquainted with the culture of the sub-reddit. That way your start to phrase your question the way the sub-reddit understands.

[@braye00]

Didn't even mention "Reddit Premium" or the "Contributor Program", I'm assuming they don't generate much, but at least a mention since they are an attempt to monitize would have been nice.

[@pencilcase8068]

Found the reddit employee

[@wilkinlow]

It's probably negligible at best

[@qweqqweq2090]

KZbin has adds? (says every user with Mozilla Firefox with add block). I somehow get an add on KZbin once or twice a month. I always just close the window right away and shudder in fear and disgust. hopefully the day never comes where I have to go back to watching adds full time like when I was a kid watching cable t.v.

[@santiagoconan]

I use Brave browser which needs no 3party adblock 'cause it's built in I always found Firefox slow

[@kmjgsdkmjgsd]

It sucks that this social media site has fallen even further, especially with how digital preservation (like finding niche answers to questions impossible to find) keeps on getting destroyed and losing out to automatic “this message has been deleted to protest API changes”. And even before this, with the billions of rules and karma requirements, its so easily disincentivizes new users that just want to post once every 6 months. In the future, I hope people won’t be quick to crap on Reddit’s spiritual successor, saying how “these communities must have so many dogwalking basement dwellers that don’t touch grass and pdphiles that are addicted to (redacted)”.

[@belstar1128]

there used to be a lot more things similar to reddit but they are abandoned and don't show up on google search often. reddit is the only mainstream site that has useful info in text form made by regular people .everything else is stuff like Instagram twitter youtube. but sometimes you just want to quickly read the answers and i like how reddit doesn't force you to log in to read posts. but i am sure they will start doing that like twitter and Instagram and Quora

[@shreeshabhat9281]

10:45 it used to be like that now few mods run all the major subreddits so it has become an eco chamber

[@shreeshabhat9281]

10:36 that actually makes no sense, you do NOT for the love of God need an AI trained by looking at redditors of all people this is def going to backfire

[@JPmagicMC]

The fact that twitter, wikipedia, and instagram and beaten by PH is scary

[@soonlytaing1708]

people are horni

[@NoMusiciansInMusicAnymore]

It's not surprising given how much insta "models" try to show everything they can to attract followers while the platform itself is terrified of nipples, tbh since the novelty of everyone taking a photo of every meal they eat died off, I am shocked insta is still a thing.

[@NATESINTERACTIVEAUTO]

They run off users and allow some groups to say the worst things you could for no reason to another person and some other groups can't even disagree or Reddit is forced to side with them. And no its not just the rules of a particular sub. It's partly a certain correctness and partly a rudeness beyond belief.

[@shapesinaframe]

Wow. You completely erased Aaron Schwartz from the Reddit founding history 😮

[@apc9714]

As a long time active user of reddit, this video made a lot of things more clear (especially regarding monetization). Thanks for casually explaining it so well : )

[@LogicallyAnswered]

🙏

[@hitmusicworldwide]

I was just wondering, so 850 million people on the internet are anti-consumerism? Really? Or do they see this as a place to go to escape that? Undoubtedly I think that is a bit of an overstatement.

[@filipmarkovic369]

0:20 can we talk about how many users #4 has?

[@abrvalg321]

10:52 come on, man. Reddit is heavily moderated and censored. One of the truly open and honest places on the internet is 4chan.

[@neugey]

Reddit is one of the few sites that actually achieved the early promise of the internet to create online communities. That's a nice legacy even if the shareholders are grumpy about making pennies on the dollar.

[@Eggzy-b7f]

It's for weirdos

[@Swampy-ci3np]

@@Eggzy-b7f Judging by your username "yt is full of freaks" that is interesting comment please continue. So, do you think KZbin IS full of freaks but not for them? whereas you think reddit is for weirdos, and presumably you think full of weirdos?

[@Eggzy-b7f]

@@Swampy-ci3np YT is full of freaks mate, And everyone knows Reddit is for weirdos? You're clearly a weirdo Reddit User to feel the shame from my comment lol

[@Eggzy-b7f]

@@Swampy-ci3np spin on that

[@pixelpuppy]

I agree with your facts, but calling it a "failure" is a bad take. Generating that much more income just isn't their goal.

[@karmanderdimdung223]

it's their goal. and they are failing. hence a failure.

[@pixelpuppy]

@@karmanderdimdung223 no, they were making enough to sustain itself. That's not a failure.

[@utfigyii5987]

@@pixelpuppy Reddit is supposed to be a for profit business, not a non-profit organization. Not making more than barely sustaining themselves makes them a failure.

[@Anonymous-df8it]

@@utfigyii5987 So make it non-profit?

[@jayspeidell]

Remember when Google used to show the top few sub-pages of a website in the search result? For years, this was r/jailbait. Millions of people learned about Reddit for the first time when Anderson Cooper ran a story on jailbait, watchpeopledie, and the most prolific Reddit mod violentacres. Up until very recently, Reddit was a free for all for some of the worst content on the internet.

[@Shimeih]

In my opinion, Reddit’s problem is that most people use it the way I do. I have the app but usually only open it via links from my browser or straight from notifications. I don’t get to go to the homepage and see ads. Just open a post from outside and close the app when I get an answer from the comments. My opinion.

[@343themarine]

I know this would not be possible as they have investors, but i just hoped the started to use a Wikipedia -like monitization: Do you like it donate. and not use a for-profit model

[@TexRex6352]

The opening thesis of this video is ridiculous. There's no reason to think Reddit should make anywhere near the money Instagram does. Reddit is people making text posts and linking to images and discussing anything. Instagram has a zillion influencers and it's all about showing off lifestyles meaning clothing/food/experiences/things people consume. If Reddit was monetized like Instagram it wouldn't be Reddit anymore. I don't even like Reddit but the basis of this video is silly. Craigslist making more makes sense. Instagram advertises things with celebrities. Craigslist sells things. Craigslist has been around for a zillion years. Saying Reddit should be making tons of money is like saying 4chan should. They're both meant for talking, not showing off the dress, car or house you secretly rented to pose for posts in. This channel just keeps choosing false premises about popular things. "Why Sony is doing awful." But it's not. "Why Nintendo is doing awful." But it's not. Nintendo has rebounded and had tons of successes but the creator just authoritatively states a false narrative as fact and it's gobbled up.

[@markanderson7236]

The conclusion of the Nintendo video contradicted its title, essentially: Nintendo's profit remained steady despite a drop in console sales because of higher prices.

[@evanthesquirrel]

10:45 your assumption of reddit anonymity means nobody cares about social status is provably false. Nobody cares more about their status of fake internet points, hollow clout, and murderous groupthink than a redditor.

[@Talon97]

You must be a Quora user lol

[@critically.panned]

The day Reddit becomes hypermonetized is the day I stop using it.

[@ChetHanks-eh1md]

they forced a horrible UI update onto everyone this week, the same UI that everyone hated during the beta test and it still looks terrible. Reddit is done.

[@JR-uy2nd]

I think Reddit lack of monetization is the reason of the success of Reddit. And if Reddit is still making money to pay his employees and making good money to his top people, then it is making enough money.

[@Dlstufguy2]

You need to replace every "monetize" with the word ruin

[@BigBoyJay_69]

Whoever thought about using Reddit as an AI training platform is a genius. It's so obvious too.

[@Matt-bp5vy]

You gonna get extremist AI that hated human race and wants to end it.

[@SL4RK]

An anti-corporate AI that explains why you should boycott "name" either way, it's a good thing!

[@guncolony]

Oh Gemini is trained on reddit, now the left wing bias and historically inaccurate images all make sense now (/s)

[@algot34]

6:12 what do you base this idea that reddit is anti-showoff community? It's more oriented on topic-focused rather than focused on a single person sure, but i don't think you can extrapolate those ideas to such a large userbase like that.

[@hazel_moonshine]

In an ideal world, the goal should be to create great services and apps that make enough money to cover server and employee costs, and plan for the future. But we live in a messed-up world where not only the richest people, but also wannabe-rich folks, only care about getting even richer, and they're making things worse for everyone else

[@schadenfreude000]

At 09:30, you say that they've grown their revenue by 10x in just the last 5 years. And revenue went up by 20% just last year alone. How is that a monetisation failure?

[@marciusnhasty]

Reddit's bots incorrectly correcting posts in non English subreddits when another language has or looks like it has borrowed English words makes the training dataset quite polluted with bad AI scripting logic. And whenever bot makes nonsensical mistakes, entire thread becomes NSFW.

[@belstar1128]

yea reddit is hostile to people with poor english skills. here on youtube you can find a lot of stuff in other languages too and you don't need to worry about downvotes lowering your karma

[@amyx231]

I’d be happy to pay $10 as a donation. Like Wikipedia Well…before they did the recent messes

[@LogicallyAnswered]

Interesting, didn't know about the Wikipedia controversy

[@Anonymous-df8it]

@@LogicallyAnswered I think the person you've responded to was referring to _Reddit's_ controversies

[@nonyabusiness-f9e]

youtube got tougher on adblock? could have fooled me.

[@MabDarogan2]

Its very confusing when Americans pronounce Craig as Kreg

[@Anonymous-df8it]

It's also very confusing when people can't spell

[@MabDarogan2]

@@Anonymous-df8it 😁

[@Dunkeyhote]

You didn’t mention Aaron swartz plz discuss him when you talk about Reddit. He is one of the core founders

[@rhythmandacoustics]

Reddit became large because of WSB

[@malakasastogiaurio3433]

0:17 the fourth most visited site is

[@vnep5743]

There should've at least been a mention of the reddit blackout and the cause of them not so long ago. Reddit wanted to start charging 3rd party apps to use the api. A number of developers said they were willing. The problem is that the cost was unsustainable for many. Reddit ceo basically flipped them off like Elon flipped the bird. There is something to be said though over Google wanting to AI'ify reddit when for so long people have bypassed googles normal results by specifically including reddit in the search phrases.

[@MysticMylesZ]

Trying to censor a reddit AI would be hell on earth And I'm ready to watch the dumpster fire

[@jonahpettrichmedia]

I boycott Reddit since they pretty much blocked out third party apps by charging ridiculous fees for the API access.

[@skywz]

Something I think you forgot to mention is that ever since the third party apps debacle, a substantial chunk of Reddit's userbase hates the company and will expend effort to make sure they don't succeed. For instance, I've heard (but haven't verified) that some subreddits have been encouraging bot and bot-like comments to mess with the AI scraping.

[@cactuar2]

I'm at the point where if an app doesn't offer an ad free version, I won't use it. I don't want every moment of my life full of damn advertisements!!

[@jimmy79889]

Reddit also has a horrible way of moderating their platform. Nobody likes it and the company itself is fully aware of it

[@Thebettermartyr]

Big fan of the newsletter yall been pushing out. I value your content and will continue to do so.

[@LogicallyAnswered]

Really glad to hear that man!

[@davidbangsdemocracy5455]

For worst monetization: I nominate Twitter in the 2010s. I would subscribe to several third party services that helped manage followers and tweets while paying nothing to Twitter itself.

[@pencilcase8068]

I left reddit because of the power tripping moderators and bullying of people who have a different opinion. I found more freedom in KZbin instead of reddit in the comment sections of said apps. Also the official reddit apps is one of the worst apps I've had the misfortune of using. Slow, buggy and annoying

[@PokeMaster22222]

It doesn't help that Reddit effectively blocked third-party mobile apps a couple years ago - apps that made viewing Reddit content much more user-friendly. Also, back when Reddit was new, subReddits could be of practically any topic; however, especially in the last decade, Reddit's become significantly stricter about the content depicted on the site, and more prone to deleting overly-controversial subs. These two events have driven people away from Reddit, as it's no longer what it used to be.

[@nukeisback]

User since like 15 years, and it's surprised me how much the website grew in the last years, so many casual knowing it, and so many google search leading to it. But what really surprised me, is that last week, I clicked on an ad.... by myself, not a mistake, I WAS interested by what I saw, and even thought about buying the product later. Before, all the things I could be interested to buy. I saw on ads.. I akready owned them.

[@-cheshire-cat]

I have to agree with the other comments. It's a great platform because it doesn't have hypermonetization. Funny how in the view of capitalism, it's seen as a failure, even if it gives communities such huge value. I expect them to eventually start slapping paywalls on everything and everyone jumps ship to "the next big thing".

[@dameneko]

I am just waiting for someone to comment "Well aCtuAlLy..." in the style of a Good Sir Redditor.

[@brendanwiley253]

Fuck it, Reddit Premium. All its is is it costs money in order to post Premium posts and be able to comment on Premium posts. Create a payed class of users and make the whole thing funny.

[@JohnSmith-op7ls]

You’re comparing website traffic for platforms that get most of their traffic and nearly all their revenue from mobile apps, Reddits mobile app sees far less traffic than their site, while the platforms you compare it to, are the opposite. And before you say you’re comparing the actual sites for FB and IG, their mobile apps often share links that take you to their website and not their app. So people share content from the platforms they got through the apps and when others open it, it opens ion their website, inflating the numbers.

[@theDemolisher13]

I fail to see how reddit not making hand over fist of money year after year is a bad thing. Honestly it's probably best served as a community discussion board that just breaks even with the bank or has a small profit on the side. Anything more then that is excessive and will begin to dilute the whole purpose of the site which will cause the userbase to find another site to talk on.

[@drac124]

Reddit is the only social media worth keeping.

[@TaseJaw]

heaven for political socialism and unemployed people

[@mycodingchannel9690]

@@TaseJaw why did you say political twice?

[@OutCasted_Nerd]

What's the background music name ?

[@willg3220]

Nice topic. I've been watching the IPO bounce around. I don't mess with IPOs, but I'm curious to see where it lands around per share

[@LogicallyAnswered]

Yeah, prob best to stay clear of IPOs for the average person

[@Warawarayadnus]

I hate it that when i search anything on google.. reddit always shows, i dont want reddit.. they always ask me to use their app or login like wtf dude!? I only need 3mins to read the contents.. i dont lile my time wasted for logins etc..

[@500ccRabbit]

The API story hilariously proved that reddit mods have no lives and will do anything to keep their petty amount of "power"

[@arofhoof]

Shouldn't not be too hard. It would not need AI, just put Ads related on each subreddit. Also why not allowing user to tip each other and take 10% of it?

[@BlearBenin-fq1us]

reddit's failure on monetization has nothing to do with having a anti consumerism audience. there's a difference between disliking ads and disliking consumerism. everyone consumes.

[@gen-X-trader]

Reddit just seems less offensive than the others. While group think is a major issue there and the unpaid power hungry mods are a problem, compared to Facebook with the constant marketing and algorithm fed timeline that you can't control. At least with Reddit it it feels like you have some control over what you do

[@Imdan92]

That’s funny because I’d say Reddit is more toxic than Twitter

[@gen-X-trader]

@@Imdan92 it's just a different toxic. Reddit has a problem with groupthink. Twitter has a problem with extreme right wing posters and conspiracy theorists

[@Tential1]

​@@gen-X-traderone of my main issues with Reddit is that people there are notorious for being socially inept. It is extremely common that I read a thread where a person has asked a question and the whole group purposely decides to misinterpret the question and then not answer it even when the person clarifies. Example, a person wanted a short term bond investment. They just ruthlessly harassed the dude, saying he should just buy 1-2 year bonds, don't worry about t bills, it's basically the same return, blah blah blah. Sgov exists... It's literally exactly what he asked for. But instead, they condescendingly talk down. One dude on KZbin has a perfect series depicting how reddit people act. 40% of the time they're good, but a lot of the time, they're socially stupid, and it leads to bad answers.

[@pierrestober3423]

Reddit is good because it's community-driven. The problems start to appear higher up in the hierarchy. Mods (the big ones) and admins are a joke with Steve "spez" Huffman being the biggest clown of them all. I fondly remember when all of Reddit united to spell out "fuck spez" on r/place because of his efforts to sanitize Reddit before the upcoming IPO. That basically involved cracking down on free speech, killing 3rd party apps and squeezing as much money as possible from users.

[@justinp1011]

@@Imdan92 It's easier to control than Twitter, you can filter what subreddits you don't want compared to the other

[@ducksies]

If they fixed that god awful new UI and leaned deeper into awards, I think it could be great.

[@Morpheus-pt3wq]

One of the reasons it´s such failure might be related to their broken and buggy text editors. Their current most modern text editor and its predecessor (Fancy Parts) both can´t handle URL links or even simple copy-paste of plain text. The only usable one is the most basic one, in which text formatting is done completely via text commands. On top of that, Reddit did not learn a single thing from their 3rd party apps (which they forbid about a year ago), which offered more usability than the official app will ever be able to. In short, they´d like to monetize more, but struggle to provide even basic quality tools for the user.

[@arofhoof]

- Silicon valley when it comes to train AI to generate pictures and music: LET's SCRAP EVERYTHING OUT OF INTERNET WITHOUT PERMISSION NOR PAID BACK ANYTHING TO ARTISTS!!! - Silicon valley when it comes to train LLM using text from social media: Ok let's make a deal and pay the Social media company for content they have not even generated themselves. No comment

[@CaraMarie13]

I used reddit everyday to get help with questions. I hope they never make money.

[@bolsa3136]

How many of these new accounts are just throwaways or double accounts....

[@bilalarsal7482]

“According to a Reddit post”

[@justine_17_]

You could have me mentioned Swartz and his impact on Reddit

[@bobz1736]

Interesting... but what are their costs and profits?

[@prisonmike36]

7:41 r/Nepal .. it is just a coincidence or are you from Nepal? have been following your channel for a while now

[@LogicallyAnswered]

Hahaha, just a coincidence. By heritage, I’m Indian

[@prisonmike36]

@@LogicallyAnswered haha Hari is one of the common names in Nepal too so was confused. anyways great contents .. Keep up the good work brother

[@karmanderdimdung223]

nice catch. also, "Kei jagir chaina".

[@TopShot501st]

I like reddit because it still revolves around your subscriptions which are your interests unlike YT which subscriptions basically mean nothing anymore now that Home is just 80% the algorithm spewing related content.

[@ModernMoneyYoutube]

Great video!!

[@debojitmandal8670]

hi hary keep up the good job but i have a question r u an indian origin by any chance