Reddit stock tumbles the most on record as lack of new AI deals, US daily users metric disappoints

Makes sense, Reddit feels like a shell of it’s former self.

After the apicalypse many subs seems to have died, also the new UI that has been pushed for a decade or so, seems to promote consumption of content and discourage creation of content, further reducing new content.

Reddit has been many, many times by AI companies, why keep scanning if the content stays 98% the same, with most new content being of mostly lower quality, simply due to people posting AI shit.

This was a very predictable outcome.

As soon as Reddit’s history got scanned by AI models, it lost 98% of it’s future value.

Don’t forget that you can’t use VPN now, use the web version on mobile, and most accounts gets banned as soon as they are created by the automod.

You also cannot view it without being logged in now. Which gets a groan from everyone in chat when a friend shares a Reddit link.

I have no clue why they decided chasing off users and being less useful was somehow going to help them. Particularly when they were the place to go for huge segments of the population.

You can still browse anonymously with red reader. Suggest getting it off f-Droid, but it’s also on the play store. No iPhone version though.