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by p2detar 9 days ago
Reddit is such an amazing business model that exploits the gullible. People go on reddit, voluntarily post comments, generate interest vectors that can be harvested and get "paid" with upvotes. The so called reddit mods do voluntarily, unpaid work to manage subreddits that can be closed at any time by reddit admins.

All of this work done by people for free for a commercial platform, so that it can then build a walled-garden around all that content and charge others for API usage.

Hats off.

1 comments

This is called chokepoint capitalism and most web2 sites do it. HN also does it.
Hacker News is way more innocent in that it's main purpose is to expose a narrow slice of highly technical and entrepreneurial people to YCombinator and companies that it funds. Of all the social media websites it employs the least amount of dark patterns and is the only website that I know of that natively helps people for whom the use of the website becomes problematic.