Article from August of this year (not too cancerous once you get through the first two splash screens).
Reddit shares DROPPED despite increase revenue. Why? Objective signs of enshittification:
- declining active user base
- massive increases in revenue.
People are leaving so the ones that remain must be more heavily monetized, which leads to more people leaving–the enshittification death spiral.
Reddit will no longer be reporting logged-in users as a separate metric lol
You don’t need clean data just numbers on a chart with blank promises for improvements.
Oh, wow, this from the month before this article:
https://www.ibtimes.com/reddit-reportedly-not-renewing-ai-deal-google-its-stock-sinking-3805616
That would explain the sink in stock price. My article was probably ironically written by an AI without updated training data.
I never fully remember the source, or I might sometimes get the fact slightly wrong but generally speaking everything I say is backed up by a real source that I’m too lazy to even begin to think about looking up again.
I’m the same way, but with the bible, so unless you were talking to God, I win.