I spent ten years on Reddit. I can use that to compare for myself the amount of engagement then and now.
If most of the users are not bots I would be so surprised. I think they lost a huge percentage of traffic and are now knowingly faking live user counts
I was on there for 15 and modded/started a pile of communities. I go back now for research and it’s all bots and deleted comments. Maybe the default subs are full of real people but I doubt it. The very, very niche subs still seem to have people in them, but are nowhere as active as they used to be.
I’m sure Reddit is gaming the investors. You can’t trust lying Pigboy farther than you can kick him.
I was there for 10 years myself and I fully agree. I think peak Reddit was during the age of the novelty accounts; it still felt new & fun, like you were a part of something no one knew about, even though everybody knew about it.
90 million of which are bots. If you can only make your company profitable by fraud and scamming advertisers, your company shouldn’t be in business.
That’s pretty generous to assume 10% of their users are human.
That is awesome.
The bigger they are the more they will tempted to become billionaires.
Their greed will make them inhospitable to people. Lemmy will be here when (not if) that happens
Reddit also grew to 97.2 million daily users over the past few months, marking a 47 percent increase from the same time last year.
This is for the quarter that covers July, August and September. Last year, the API fee kicked in on July 1, killing most third-party apps, and the quarter would have also included any lingering drop in users from June’s protests. So, it’s a big year-over-year increase in daily users but that’s compared to what might not have been a very good quarter last year.