Reddit CEO (/u/spez) is going to hold a AMA about the API update
Reddit CEO (/u/spez) is going to hold a AMA about the API update
That would be amazing.
However what I feel is going to happen is that they’ll either ignore any questions about 3rd party apps / API pricing or delete them. They seem to see them as competition. (The official app is trash soooo)
Why do dmg control when you can just censor everything.
That's what I feel it is gonna be like.
The Reddit way.
0% chance they go back to a free API. Maybe, just maybe they end up scaling back API pricing for third-party apps to something reasonable that would grant them the same revenue per user that they would get from the first-party app.
The other piece of this is that the API is also used to train AI on Reddit's data. For that application, given the colossal amount of venture capital going into AI right now, their API pricing isn't all that absurd. If Reddit were reasonable they would offer different pricing depending on what the API is going to be used for--but, then again, it's Reddit, so personally I'm throwing in my lot with FOSS.
the same revenue per user that they would get from the first-party app
Not a chance. They are going to charge significantly more than that. Probably 10x that amount and tell us they "listened".
Still I'm here as well. Now let's watch that place burn together I guess.
It truly was a dumpster fire. A part of me did wish he would backtrack but he just doubled down.
It's telling that they're not even willing to work with the third-party Reddit apps. They could be true money makers for Reddit, or at the least, a way to minimize Reddit's losses.
Also, doubling down and deciding that the subreddits that will be going dark in protest mean nothing. He's said as much in the past that the moderators are expendable, though, so it would not be a surprise if Reddit administration or spez personally decides to usurp those mod teams.