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The colloquial use of “AI” is basically the Hollywood concept of a conscious computer. Nobody knows about AI as it’s used in computer science industry. Nor does it matter in regular discourse. In this sense it’s not AI. It’s a disservice to lead the on laypeople to believe it’s something it’s not.
I don’t rule it out. The prior era of “reddit alternatives” in the Voat era was quickly overrun too even though they were very small. The key to the internet has always been first mover advantage. If they have enough power to manipulate the top sites, it would take very little to hedge bets on budding platforms. They risk losing their advantage if a replacement platform establishes itself without them. That’s pretty much the whole history of modern tech. To actively seek and snuff out your competitors.
They’ve been increasing the ad load the whole time. The most I’ve seen so far is 5 ads. Streaming will return to broadcast TV convention sooner than people think probably. 15 minutes of ads per hour.
It’s in its afterlife phase right now. Much of the comment sections on any given subreddit are full of newbies using colloquialisms from other platforms. e.g. Users call subreddits “groups” which I think originates from Facebook. Or users trying to “bump” posts. There’s a lot of signs that the core userbases are gone.
Nothing happened. It was always like this. Geeks got unduly put on a pedestal. They got a reputation that was never earned. They’re not any different than your typical psychopath executive.
I grew up in a town where a lot of these types of guys have become multimillionaires since 2010s tech boom. One person manages some hundreds of millions of dollars AI investment portfolio. That was before the GPT explosion. I have no idea how big they are now but I wouldn’t be surprised if it’s billions.
Growing up they were almost all psychopathic. Lying, cheating, backstabbing type of people. Nothing like the timid altruistic geek that pop culture proliferates. The more normal people did not go into tech. The actual timid types have had modest middle class careers in tech.
I think a quirk of reddit is that conventional finance doesn’t account for its value. Reddit in and of itself just operates a barebones site as the article says. While the site itself is ostensibly worthless. It has had incredible amount of value to those using it for commercial and political purpose. Nation state actors too even (cougheglincough). These days what organization isn’t using or trying to use reddit. Such things don’t appear in financial statements. I think they’ve been propped up with funding for so long because its a nexus of zeitgeist. There are enough organizations who it is useful to such that it’s better to keep reddit alive rather than risk having to establish their dark presence on new competitor platforms. I suspect spez knows he has everyone by the balls too.
It wasn’t hard to foresee. We knew these kind of things could happen. The internet used to be very out spoken about it. That ethos is long gone. What’s equally disappointing is tech nerds selling out for bigger paychecks.