#DEVDiscuss: Reddit's API Changes

I just read the Apollo dev’s breakdown last night and I think it’s really enlightening on the situation.

Im just annoyed that my overly specific questions cannot be answered because someone asked them years ago

I've been bouncing a lot of ideas around in my head on the Reddit API stuff and the larger changes in the Silicon Valley/VC-backed tech macroenvironment, so let me just throw them out there as best I can:

1. Much of the value of the web has been created by open APIs. In an attempt to capture that value by removing the "open" bit, I suspect most of these companies will find that much of it evaporates in their grasp.
2. These companies have been running extremely loose ships for awhile now. The glut of hyper low-interest money sloshing around in that ecosystem chasing anything with a hint of potential returns has definitely enabled a lot of free beer for users, but has also enabled a lot of profit-free business models. These companies are now scrambling to actually run viable businesses, and I find it extremely difficult to muster sympathy for them.
3. Something that has become increasingly obvious to me is that a lot of modern tech company's only path to profitability is monopoly, and I think that's a big problem.
4. Reddit and Twitter are corporations, and they're free to change their product or business model however they see fit. But fundamentally, the users are a core part of their product. This is the double-edged sword of network effect. It creates a ton of value and lock-in, but it also binds you to the whims of your users. Your product fundamentally relies on a social contract. And so there's a large space of things that you can legally do, that will still erode the trust that is foundational to that social contract.
5. The optimistic view here is that these companies are doing a fantastic job of making the case for Federated social media and open, interoperable protocols. To Joe's point in the original article, from a risk management standpoint it makes a lot more sense to build your business around something like e-mail than a proprietary messaging standard. Hopefully, people come to the same realization about social media writ-large and we see a flourishing Federated ecosystem as a result.

I've bee enjoying listening to the Waveform podcast talk about this one. As a very rare Reddit user, I found the timeline recap and thorough explanation really helpful:

Unfortunately, most websites are going to go down that path, whether we like it or not. It is a private entity and it has absolute power over large amounts of the internet content we post every day.
Regards,
André Zosso
Informatique Genève

This Web 3.0 dream of being "ethical" slavemasters is going to bite back hard. Remember the XKCD about "your $300,000 cyber security setup was beaten by a $7 tire iron"? That's the only place this leads.

☄️🔥

For every apollo there are ton of unscrupulous scrapers like chat gpt which has steal data from reddit and used for their own research. Collateral is always there but it is a worthy sacrifice.