And the landlords still have costs. It is not free to run a platform. They have to pay for it in one way or an other. Time of free beer have come to end.
People here should understand this more than anyone else. It is one thing to have site as hobby, but something with number of users is expensive to run.
It's not free to run a platform. But this is not about platform costs. This is about the standard pre-IPO juicing of the stats to maximize IPO pop, allowing insiders and VCs to sell shares and make bank. People here should understand this more than anyone else.
I think it's not so much optimism as getting so blinded by the nominal, theoretical purpose that they don't pay attention to what people are actually doing. As they say, "follow the money". That'll tell you the difference between stated purpose and revealed purpose. "The purpose of the system is what it does."
Their hosting costs are not going to majorly change due to API access. By their own accounts, less than 5% of users access the site via the API and if anything, those would impose less costs than someone needing to load the entire UI alongside the API calls (albeit using a new GraphQL API that I’m sure is more efficient but not available to 3rd party apps).
API hosting is a drop in the bucket, even if their own accounts are to be believed wholesale.
I didn’t rent anything. Over 14 years, I provided Reddit with content and worked for free as a moderator. In more recent times, I even paid $5.99/mo for a premium membership. Users like me and the communities that we helped build, are what Reddit is throwing away. It’s sad.
You built your dream castle in someone else's yard. You managed to get a bunch of visitors to come make the castle even better. The owner makes money on ads on the property so the more visitors the more income.
Now they want to charge for some aspect that was free and you decide not hang around anymore.
You say reddit is throwing it away when you are the one who is throwing it away because you have to pay if you want api access.
The infrastructure costs next to nothing compared to what they're charging. There is a natural equilibrium point between communities, the landlord, the moderators, etc, and this clearly isn't it. Someone else will find it though.
Tech people ought to think long and hard about whose content it actually is.