Reddit’s U.S. User Decline Raises a Bigger Question After Its Earnings Beat
www.marketbeat.com
Reddit stock fell 22% despite beating Q2 earnings estimates, as flat U.S. logged-in user growth overshadowed strong revenue gains and rising per-user monetization.

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

  • FoxAlive@lemmy.zipEnglish
    63·
    7 days ago

    Literally all those changes where strictly because reddit is only valuable for Ai training data.

    It started when google bought access to said data, and we where forced to stop using third party apps.

    Google dropped out of the deal and no one wants reddit. Reddit is full of bots, and pro palastine “hate speech” so in order to be valuable for Ai training data it has to use ai to moderate and kick out anyone who doesn’t produce valuable data, or is potentially a bot. They only want verified I’D users who don’t bring up issues that show up on googles front page.