Reddit is my warning flag when AI gives me an answer. If I see Reddit linked, I know to disregard the answer entirely. They may as well be scraping 4chan.
I chceked the past price and, yes, the stock is back to what was it back in March this year.
https://finance.yahoo.com/quote/RDDT/?guccounter=1
And there were swings close to as big as today since then.
Not really much of news then.
Reddit has unfortunately fallen into a local maxima of people with a certain type of progressive view and you would get heavily downvoted for anything that opposes it. Even the old adage of "reddit is the only place you can get organic reviews of products" doesn't hold up anymore. At the moment Reddit doesn't seem to offer anything other than a sort of anonymous Facebook groups thingy - subreddits for extremely niche hobbies and discussions on neighbourhoods like /r/berlin.
Other than that, what signal does Reddit really give? And where?
They killed their own product by allowing toxic communities to flourish, the disastrous redesign, walling off their web content to push their mobile app and force signups, closing off their API, etc; and more recently allowing AI-generated content to grow unchecked.
I've been using reddit heavily since the early days.
Getting hit with a login screen on old.reddit.com this week made it really easy to quit.
o7 Aaron, I wish you could have kept creating great things for us. Somehow I think that's all you wanted. Instead we got the Sam Altman timeline. Oh well, we'll keep trying.
It was probably inevitable. If people get the answer from AI, fewer of them will click through to Reddit. The tricky part is that AI still depends on places like Reddit for the content in the first place.
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[ 3.6 ms ] story [ 16.3 ms ] threadIn my cute investigation, I found that only Claude doesn't have access to Reddit posts whereas every other app like Grok, ChatGPT indexes it.
https://simianwords.bearblog.dev/investigating-the-hidden-mo...
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Reddit has unfortunately fallen into a local maxima of people with a certain type of progressive view and you would get heavily downvoted for anything that opposes it. Even the old adage of "reddit is the only place you can get organic reviews of products" doesn't hold up anymore. At the moment Reddit doesn't seem to offer anything other than a sort of anonymous Facebook groups thingy - subreddits for extremely niche hobbies and discussions on neighbourhoods like /r/berlin.
Other than that, what signal does Reddit really give? And where?
Getting hit with a login screen on old.reddit.com this week made it really easy to quit.
o7 Aaron, I wish you could have kept creating great things for us. Somehow I think that's all you wanted. Instead we got the Sam Altman timeline. Oh well, we'll keep trying.