Good. Fuck u/Spez.
News about short term falls are just click bait. Just look at Tesla
Downvoted because this isn’t news. It’s clickbaity nonsense which has no bearing on anything real.
Does Reddit stock pay dividends or offer shareholder voting? Is most of it at least hell by their owners, giving at least a financial interest to having its value affected? Then it might as well be Yet Another Crypto Scam, in which case it isn’t really going to affect Reddit because they’ve probably already cashed out.
What people don’t realize is that the stock market is largely based off of on speculation on who’s going to buy or sell when, the articles that tie it directly to how the company performing are basically fortune tellers either telling their customers what they want to hear or catering to their customers by manipulating how their readers will behave.
People use belief in the value of money to illustrate how crypto has value. The stock market is a far better analogy, and there are plenty of confidence scams to go along with it as well.
I noticed reddit threads have “AI answers, suggestions on the bottom of every page”.
Oh well! there it is…
Wasted 15 years on that site to be banned for one fucking comment, burn baby burn.
i think people were shocked that all thier accounts were banned simulataneously, despite some of them not participating in the same subs, around the same time. they just went after every account in your ip address,device or browser. even if time has passed that a subreddit ban has been lifted in your old accounts. the site filters/AI doesnt take that into account, and i suspect its intentional.
i noticed reddit is very wary of browser forks now too(google, firefox forks), theres a reason they dont like brave(because it hides your fingerprints by default)
Same. My comment was “fuck trump and Obama” arguing about using drones to order civilians abroad. Do you remember what your violent advocation was?
Mine was a direct, attributed quote from the US president.
Mine was “the german train system organisation should be burned down and redone anew” and “sprich deutsch du hurensohn”
Was it your plan to hit em with the left right politics punch, or…?
I suggested drawing in chalk on the street outside of the governor’s mansion, to protest the GIANT chalk Christ she had commissioned across the driveway to celebrate Easter one year.
It wasn’t even a serious call to action.
no OP.
I got the F out and deleted my old posts every time they restored them until they stayed gone.
Deleting your posts was a waste of time. Chances are likely that it is archived on their end.
Reddit has been paying close attention to behavior patterns of banned users and users they wouldn’t want on their platform. It’s likely they’ve gotten your posting imprint and just give you the comfort of thinking you’ve deleted your posts.
deleting your account also wont stop them from finding your new accounts, they mostly archived that as well. they look at browser fingerprinting, device, device components, time zone discrepancy, browser size and VERSION, resolution,etc. if you use any paid service/trial service that can spoof any of these above and they arnt the correct versions, they can detect that.
and then theres the warming up period with new accounts(like not posting, reporting, or upvoting too fast after account creation)
As far as I know, they use things called Evercookies and it’s been a thing now too. If you have an Evercookie, then it won’t really matter what browser you use or even if you clean the cache and history. You have to deep scrub your system and practically all traces of your browser to even get rid of those.
And even so, basic networking is a no brainer when they can just flag your IP and it won’t even matter how many times you’ve done that process.
VPN and Incognito browsing is the way.
I discovered the other night that I couldn’t even browse Reddit anonymously with my VPN active.
I don’t know then. I can browse Reddit just fine and I’m not using a VPN. It is interacting with the content and commenting I can’t do because auto-shadowban.
For wishing an old man would have a heart attack and leave the world peacefully.
remember the luigi craze,
I could never understand why people cared about their social media accounts.
Because whether you like it or not, social media is the easy-track to connect with people of all varying degrees and connect through common interests and even ideals. It’s a lot easier than in the 2000s and 1990s when all you’ve had was an e-mail and probably chat room hopping. You just had to know someone else’s e-mail like you would have to know someone’s number to call them, that’s how it worked.
With social media, you can just breeze through friend lists and comb over searches to find friends and everything far easier. It’s easier to connect with people that way than ever before. And losing out on that, can sting.
I sometimes wished it wasn’t that way, but the people have largely decided we needed something more than just writing e-mails to eachother.
probably some have ties to smaller communities of specific category(not news or politics), like your into tech, or cars, or CARD GAMES, or console games. or specific discussions. i had identification of “things/plants” that i now cant access. or discussion of a condition(not to find a diagnosis, but your experiences)
if you start having a social network within a social media, a ban can hurt.
especially a sitewide ban preventing you from making a new account, of which they dont tell you the offense.
That’s what pandering to the bigger techbros spez gets.
Being there stopped being fun ever since the shits started running a massive profile-and-purge program powered by fucking AI, as even casually mentioning violence against right-wingers or POTUS and his merry chucklefucks gets your account flagged for banning. That’s why there’s now a chilling effect.
Yeah, and it aged hard like milk.
you dont even have to mention anything you can just get banned for creating a new account, or firing up an years old account, since they will consider those as bots. it happens randomly though. so much so, the shadowban sub had so many of these bans because they got banned for little reason.(besides the one that have multiple accounts get shadowbanned).
they started limiting the amount of time the shadowban questions stay open to silence any discussion of it.
I wonder why people on worldnews are not banned. 🤔
israeli propaganda, as long as your pro-israeli or anti-russian you are free. last i recieved a 7day ban for critcizing benajamin as the instigator of the war.
All my accounts were banned except one, because I used a different email address for that one. Their “AI” isn’t as advanced as they want you to think. They literally just track you by email and IP.
mines was the same, until April the final account got banned. I heard early on in the year, that when it gives you the message “your account has been suspended for suspicious activity, change your password”, when i did that the ban was lifted. they fixed that later on. im guessing its thier way of asking for your password to fish out a pattern to ban you with(like fingerprinting,browser, desktop specs.
Their profiling system is based on content in the form of posts and comments, and they used AI to build it up in addition to user-submitted reports determining one’s character – and overall ideological alignment. Mods and admins would then use that information to determine if you are a candidate for banning.
Sounds right, tbh. Source?
Reddit banned me today for making a joke that the patch title for Guild Wars 2 could match real life events.
What is the patch name? The Mad King and his Lunatic Court.
Permanently banned for what? Harassment.
im not surprised if the filters is looking for any “anti-trump” comments, they probably will ignore certain bots and not users.
Must be the AI profiling system and how it flags anyone even remotely talking about POTUS.
Not how I expected GW2 to come up on Lemmy… But here we are hahaha
Well… no surprising since we ought to have the molengrad.
I wish I could say I’m shocked. That site has fallen off so hard it’s crazy. The censorship has gone mad. It’s the main reason I’m here.
Hopefully the mods on lemmy don’t go power hungry
its pretty hard to get power mods here, since you isolate and sequester them by defederating, or block thier content. on reddit, you can get subreddit banned(mods), and sitewide banned(admins)
A few have. But when it happens people just start frequenting alternative communities. The good karma flows like water through the easiest path. So when an admin or a mod says they find the term bro offensive, people just unsub and find a better community.
Bro thats so nice
Wouldn’t really matter in a federated network like this. Mods banned you from a community? Make a new one. Account banned? Move to another instance.
There’s zero reason to feel attached to online accounts like these, which is the only thing you can lose on Lemmy.
Good job, Spez, you fuck!
he does love MUSK and his Xitter platform.
Yay reddit worth less, wtf it’s due to chatgpt?
I remember thinking back in 2021 or 2022 when it was announced they were going public that yep, this site is gonna be gone soon.
also matter the fact they purge IRL users that gave the site real content, which is probably lopsided to AI bot(comments and responses)
Huh.
Does anyone else think that ChatGPT is still using the data, they’re just not referencing Reddit directly?
This is how you can tell Reddit’s $200+/share price is insane. Over 10% of its value dropped based on a different unprofitable company’s references to ingested content.
Yikes!!
The entire stock market has become a meme stock pyramid scheme. No price makes sense; it’s all glorified gambling making life on this planet worse for most living things.
⚜︎ arscyni.cc: modernity ∝ nature.
Yes, but Oracle’s stock skyrocketed based on the unprofitable OpenAI promising to buy >100B worth of AI data center space from Oracle. Nvidia stock also surged on the news, since Oracle builds those data centers with Nvidia chips
Obviously OpenAI doesn’t have the money to pay Oracle themselves, so Nvidia has helpfully given them the money
So now we have an incredibly large cyclic corporate dependency of money from Nvidia -> OpenAI -> Oracle, then back to Nvidia. Definitely not a financial disaster waiting to happen
They haven’t even spent the fucking money yet. It’s just announcements of intentions, with a fraction of that $100B in outlays. Nobody seems to want to say who gets to be the one holding the $100B at the end of it, either.
Presumably they’ll all just do a stock swap and tell their vendors “We’re good for it, check’s in the mail”?
Reddit’s value is its ability to use bots to manipulate and distribute information. It’s just like Twitter, meta and all the other social media platforms.
ability to allow bot propaganda to infest the subreddits more easily(especially politics and news)
No, it’s value is that users have up voted and down voted good and bad data. This gives the AI training data that has been crowd sourced by humans. Bots manipulating votes would destroy the value of Reddit.
havnt they already destroyed the value of reddit, the bots already have massive hordes of downvoting/voting going on.
There are absolutely vote manipulation campaigns still happening.
See this from 12 days ago: https://old.reddit.com/r/privacy/comments/1nldj4m/why_are_we_all_just_accepting_metas_new_spy/?sort=old
12 days ago almost every top-level comment was below -50 and responses were untouched.
Of course there are. That doesn’t mean the majority of the site is compromised.
As a user of the website for many years it’s entirely obvious that a majority of the website is gamed (besides its niche corners). Reddit’s bot prevention mechanisms just fuck VPN users - they are wholly inadequate.
That thread is evidence of a organized bot campaign that they had 12 days to clean up (and didn’t). It’s naive to believe that the rest of the website isn’t similarly (and less obviously) affected by bots - with vote manipulation still standing.
They could sell the cleaned votes to AI companies and keep the dirty data public for the scrapers.
Meta/OpenAI openly pirating everything they can to train their LLMs is a good example of how data hungry these AI/etc. companies are.
Is it plausible that companies request that Reddit narrows down data e.g. by demographic, geographic location, or likelihood of being a real person and request that data for purchase? Sure, but the LLMs seemingly require all data that exists that these companies can get their hands on - I highly doubt with the scale of data being consumed (and data theft being committed) that the big players care too much about Reddit data being tainted. If anything, it might even be desirable to them.
Okay, but it is those niche subs that are the most valuable.
Are you somebody invested financially in Reddit? Genuine question.
Those niche subreddits can also have their moments, too. Maybe it’s not bots, but there are plenty of shills that have been caught in various niche subreddits I’ve frequented over the years (thanks to unpaid moderators).
Bots have been controlling votes on Reddit for years. It costs about $50 to get to the front page of Reddit.
Which is also generally very detectable (if you actually care) and is generally used to push (monetized) social media and not the answer to “what is the difference between normal and merino wool?” and so forth.
The vast majority of the “user” interaction and memes is not the product (at play. it IS useful for societal manipulation but there are better platforms for that). It is all those useful questions and answers that people get pissy about folk deleting the answers to.
Because people, generally, weren’t searching for
team edward or jacob redditbut insteadthe fuck is a renesme redditorLED versus fluourescent bulbs redditand so forth. And the community labeling of the latter is generally REALLY good.Things DO get messy when the question becomes
best synthetic boxer briefs redditbut… it is incredibly rare for an astro turfing campaign to be strong enough to get a genuinely bad product “on top”. You tend to just get an overly expensive branded white label in the top slot which may actually be identical to the “real” best one anyway. But considering you are relying on human opinion regardless, that isn’t far off of what you were gonna get without said astroturfing.Interesting analysis thanks
Ok, so how does a shareholder benefit from that? My company that pays people to stomp on kittens at my kitten stomping factory has value in that in gives people jobs and controls the feral cat population, but it creates no profit for the shareholders.
Yeah reddit’s a weird one. Their financials, aside from this year, are also horrendous. Not sure what value they really bring.
Reddit shareholders also own a lot of shares in much more lucrative industries.
I didn’t ask about their other shares. I asked how Reddit’s soft power is able to actually benefit shareholders. I understand how it benefits Spez and those who make the actual decisions at reddit, but if I own 400 shares of Reddit, how do i actually benefit since Reddit will never pay a dividend since it will never actually be profitable
The people in power don’t care about people with a few shares. You can sell all your shares right now and nobody would notice.
Reddit’s power benefits whomever wants to push an agenda and a narrative while minimizing any info that could counter that.
How is that any different than what i initially said?
Companies pay for API access so profits go up and stock value go up.
I assume the reddit stock doesn’t pay dividends based on profits. But if you bought for 10 dollars and now it is 500 dollars? You can sell some of that stuck to people hoping it will go up to 1000 dollars for a solid profit. And so forth.
And if it DOES pay dividends (some kinds of stocks do) then a percentage of those profits are directly sent to the share holders based on how many shares they have.
I understand how stocks work. Reddit stock is just a legitimizes greater fool scam as no one will ever get a dividend or see any return in their investment short of managing to sell the stock for more than they bought it. Reddit is absolutely worthless in an strictly economic sense. It’s value is soley in societial and political ways
see any return in their investment short of managing to sell the stock for more than they bought it
So… it is a stock that doesn’t pay dividends? Like… that is what stocks are.
Which will only actually ever benefit anyone that owns massive amounts of the stock. Reddit has few tangible assets other than their data, which is of questionable value at best. It’s basically like owning stock in a piblic library
Homie? I assume you are just looking to hear “reddit bad” and… it is.
But if you are actually attempting to discuss things in good faith? You are just describing stocks and you should REALLY educate yourself on the subject if you ever intend to invest beyond retirement and mutual funds… which most people shouldn’t in the first place but that is an even bigger tangent.
The ads/manipulation does a thing that helps you attain profit or power. You want to manipulate what people see and pay for… so you pay reddit to allow you to mass deploy bots bypassing moderator levers. They have the community, you have the objective, you pay for the help of doing this and they probably have their own bot farms included.
They can even internally flag these entries as bots and use their AI partnerships to analyze what works on users and what doesn’t to trigger a specific response, and to avoid using techniques that get called out as bots.
They have their public ‘sponsored’ content, but I promise for big spenders they have a program that has no sponsorship callout. They probably brand it with nice fancy marketing terminology that makes it sound like you’re an angel doing god’s work by driving conversions or some stupid shit.
I understand that Reddit has value to an individual or small board that can control what is posted to reddit. What i am saying is that Reddit’s value is entirely in soft power and has no actual path to profitablity. If i am Condé Nast then i can benefit from owning reddit. But Reddit will never pay a dividend, so buying stock in the company is worthless unless you are convinced that some idiot will pay more for it down the road.
its useful as a propaganda tool, much like Xitter.
This is how you can tell Reddit’s $200+/share price is insane.
Well, that and the P/E is 180. Typical target P/E on a stock is 15-20, depending on your anticipation of its growth. But we’re expected to believe Reddit’s earnings will be 9x their current income in… some nebulous amount of time?
Like, its silly to get excited about a company this hyperinflated seeing a tiny slide off its new peak. But also, you can’t help be bearish on a firm this flimsy.
While I don’t agree with the reddit valuation to begin with…
that is actually how the stock market “should” work? Reddit is a company that, at its core, produces data to sell to other companies. If other companies choose to (say they are not going to) use that data, then the value of reddit drops. That is literally supply and demand.
If Stanley’s Sprockets’ sprockets are a vital part of iphones then Stanley’s Sprockets is going to be a very valuable company. If Apple changes to the other dude’s product, Stanley’s Sprockets has now lost a lot of value.
Reddit produces nothing. They dupe their users into doing that. Which seem to largely be bots now.
Oh my god I somehow forgot that Reddit IPO8ng means I get to read stories like this.
Oh no, the world’s most poorly managed and funded corporate social media website’s with a publically traded stock is tanking, oh nooooo!
Ahahahah!
