I don’t care about their stock value but the situation fells so weird. So chatgpt refers to reddit less, and that makes reddit stock value fall. This really shows how much of the share value is pure hype and how much of “the economy” is pure manupulation of numbers instead of actual value.
How decoupled stocks are from reality or value. It’s bizarre.
Tesla is “larger” than all other car companies combined when they’re virtually always “delayed” on actually shipping product. We live in bizarro world. Your livelihood is a single cell in a giant spreadsheet full of completely made-up numbers.
The entire site is gpt.
Fuck reddit.
Good. Nazi sympathizing shithole deserves nothing but the worst. Fuck spez and every complicit modgoloid and SSAdmin.
Good. Fuck u/Spez.
Keep in mind if the Reddit stock price fell too much some hedge fund vulture would buy up a majority of the stock and then turn it into Nazi town.
Even better then. That’s how the mass migration from twitter happened.
Isn’t it already basically Nazi town?
Nazi cucks at the moment.
It is more disaffected people than nazis. At least the places I was at there. The site wide moderation is pretty fucked in favor of powerful interests, including Nazis however. They like to chase off real people that are driving engagement in favor of the legions of influence agents with their bot accounts.
Right, and if the moderation allows Nazi ideology to run rampant, you have a Nazi town. Especially when it’s all mostly bots spewing Nazi talking points anyway.
Refusing to fight hate speech is tantamount to supporting it.
News about short term falls are just click bait. Just look at Tesla
Tesla stock ups and downs seem like someone is literally gaming the system.
That’s because he is.
the fact that neither Musk nor none of his cronies ever get comeuppance for that tells you everything you need to know about the “fairness” of the “system”.
deleted by creator
Downvoted because this isn’t news. It’s clickbaity nonsense which has no bearing on anything real.
Wasted 15 years on that site to be banned for one fucking comment, burn baby burn.
i think people were shocked that all thier accounts were banned simulataneously, despite some of them not participating in the same subs, around the same time. they just went after every account in your ip address,device or browser. even if time has passed that a subreddit ban has been lifted in your old accounts. the site filters/AI doesnt take that into account, and i suspect its intentional.
i noticed reddit is very wary of browser forks now too(google, firefox forks), theres a reason they dont like brave(because it hides your fingerprints by default)
feel your pain, homie.
Thanks haha, I was never really rah rah into reddit itself but it had a lot of cool niche subs for hobbies and such and that’s where I spent most of my time not even in the default or political subs.
i got nuked right after some dummy account asked if i want to add a new mod on my sub. a couple of days later - voila - i’m actually a malicious bot boo this bot motherfucker. that was suspicious and for what - i’m literally dropping read/watch later shit
Same. My comment was “fuck trump and Obama” arguing about using drones to order civilians abroad. Do you remember what your violent advocation was?
Mine was telling someone it was unlikely that spain would declare war on israel, it being a nuclear nation…
Banned for ‘glorifying violence.’
Mine was a direct, attributed quote from the US president.
Mine was “the german train system organisation should be burned down and redone anew” and “sprich deutsch du hurensohn”
Was it your plan to hit em with the left right politics punch, or…?
No it was under a postof news that the CEO again got raised while the trains were delaid heavier than ever and that a lot of bureaucracy holds it back. Its not politics. Litterly just we need to redo how to organise our trains!
Well, everything is politics. But I was more wondering about the “sprich deutsch” Part - that’s usually more of a racist thing, and therefore right wing politics. But if you don’t see public transport as political you might be right-wing overall?
…are we now just connecting things to put everyone in right corner? God i hate online people…
Guess being against corperates, for self reliance, public owner ship, pro a european state and untouchable democracy, and so on, is now “right wing”.
“Sprich deutsch” in litterly ich_iel is litterly the norm! Thats the joke! Everything is worded german. Guess such is now “right wing”.
“Everything is politics” omfg. Yeah nah. Thats enought Internet for this month, and it only started. Crazy!
I suggested drawing in chalk on the street outside of the governor’s mansion, to protest the GIANT chalk Christ she had commissioned across the driveway to celebrate Easter one year.
It wasn’t even a serious call to action.
no OP.
I got the F out and deleted my old posts every time they restored them until they stayed gone.
Deleting your posts was a waste of time. Chances are likely that it is archived on their end.
Reddit has been paying close attention to behavior patterns of banned users and users they wouldn’t want on their platform. It’s likely they’ve gotten your posting imprint and just give you the comfort of thinking you’ve deleted your posts.
They were archived as they restored them several times. But I kept the account and every time they restored them, I used software to go in and wipe them back out. They’re still not visible on the front end to this day. Maybe they’ll do something AI with them, but they don’t show up in Google search anymore.
You can download everything posted on Reddit prior to the great api ban in a torrent. So yeah it’s still out there.
deleting your account also wont stop them from finding your new accounts, they mostly archived that as well. they look at browser fingerprinting, device, device components, time zone discrepancy, browser size and VERSION, resolution,etc. if you use any paid service/trial service that can spoof any of these above and they arnt the correct versions, they can detect that.
and then theres the warming up period with new accounts(like not posting, reporting, or upvoting too fast after account creation)
As far as I know, they use things called Evercookies and it’s been a thing now too. If you have an Evercookie, then it won’t really matter what browser you use or even if you clean the cache and history. You have to deep scrub your system and practically all traces of your browser to even get rid of those.
And even so, basic networking is a no brainer when they can just flag your IP and it won’t even matter how many times you’ve done that process.
VPN and Incognito browsing is the way.
That there are so many ways to store data on a browser (including exploits) and that they expose so much information about your physical device is a big part of the problem. Even barring that, there are additional ways they can fingerprint a user. While any one thing might not be telling, when you take all of them in combination, it gets frighteningly accurate how easy it is for them to know exactly who you are.
I discovered the other night that I couldn’t even browse Reddit anonymously with my VPN active.
They’ve been blocking Vons for years.
The absolute degradation of the site is appalling. And most of the comments read like they’re written by children, because I’m assuming most of them are.
The absolute stupidity of everything on the site is flabberghasting.
I don’t know then. I can browse Reddit just fine and I’m not using a VPN. It is interacting with the content and commenting I can’t do because auto-shadowban.
They certainly can. Do you have evidence that suggests they are doing that?
For wishing an old man would have a heart attack and leave the world peacefully.
remember the luigi craze,
I could never understand why people cared about their social media accounts.
Because whether you like it or not, social media is the easy-track to connect with people of all varying degrees and connect through common interests and even ideals. It’s a lot easier than in the 2000s and 1990s when all you’ve had was an e-mail and probably chat room hopping. You just had to know someone else’s e-mail like you would have to know someone’s number to call them, that’s how it worked.
With social media, you can just breeze through friend lists and comb over searches to find friends and everything far easier. It’s easier to connect with people that way than ever before. And losing out on that, can sting.
I sometimes wished it wasn’t that way, but the people have largely decided we needed something more than just writing e-mails to eachother.
if you start having a social network within a social media, a ban can hurt.
especially a sitewide ban preventing you from making a new account, of which they dont tell you the offense.
probably some have ties to smaller communities of specific category(not news or politics), like your into tech, or cars, or CARD GAMES, or console games. or specific discussions. i had identification of “things/plants” that i now cant access. or discussion of a condition(not to find a diagnosis, but your experiences)
Oh well! there it is…
I noticed reddit threads have “AI answers, suggestions on the bottom of every page”.
That’s what pandering to the bigger techbros spez gets.
Being there stopped being fun ever since the shits started running a massive profile-and-purge program powered by fucking AI, as even casually mentioning violence against right-wingers or POTUS and his merry chucklefucks gets your account flagged for banning. That’s why there’s now a chilling effect.
Yeah, and it aged hard like milk.
I wonder why people on worldnews are not banned. 🤔
israeli propaganda, as long as your pro-israeli or anti-russian you are free. last i recieved a 7day ban for critcizing benajamin as the instigator of the war.
I got my reddit ban for replying to someone in world news. Their comment was saying spain should declare war on israel. I forget why, this before the flotilla though.
I got banned for saying that was unlikely as israel is a nuclear power.
you dont even have to mention anything you can just get banned for creating a new account, or firing up an years old account, since they will consider those as bots. it happens randomly though. so much so, the shadowban sub had so many of these bans because they got banned for little reason.(besides the one that have multiple accounts get shadowbanned).
they started limiting the amount of time the shadowban questions stay open to silence any discussion of it.
All my accounts were banned except one, because I used a different email address for that one. Their “AI” isn’t as advanced as they want you to think. They literally just track you by email and IP.
mines was the same, until April the final account got banned. I heard early on in the year, that when it gives you the message “your account has been suspended for suspicious activity, change your password”, when i did that the ban was lifted. they fixed that later on. im guessing its thier way of asking for your password to fish out a pattern to ban you with(like fingerprinting,browser, desktop specs.
Their profiling system is based on content in the form of posts and comments, and they used AI to build it up in addition to user-submitted reports determining one’s character – and overall ideological alignment. Mods and admins would then use that information to determine if you are a candidate for banning.
Sounds right, tbh. Source?
Does Reddit stock pay dividends or offer shareholder voting? Is most of it at least hell by their owners, giving at least a financial interest to having its value affected? Then it might as well be Yet Another Crypto Scam, in which case it isn’t really going to affect Reddit because they’ve probably already cashed out.
What people don’t realize is that the stock market is largely based off of on speculation on who’s going to buy or sell when, the articles that tie it directly to how the company performing are basically fortune tellers either telling their customers what they want to hear or catering to their customers by manipulating how their readers will behave.
People use belief in the value of money to illustrate how crypto has value. The stock market is a far better analogy, and there are plenty of confidence scams to go along with it as well.
Reddit banned me today for making a joke that the patch title for Guild Wars 2 could match real life events.
What is the patch name? The Mad King and his Lunatic Court.
Permanently banned for what? Harassment.
Insult to the king, off with your head!
/s
im not surprised if the filters is looking for any “anti-trump” comments, they probably will ignore certain bots and not users.
Not how I expected GW2 to come up on Lemmy… But here we are hahaha
Well… no surprising since we ought to have the molengrad.
Must be the AI profiling system and how it flags anyone even remotely talking about POTUS.
I wish I could say I’m shocked. That site has fallen off so hard it’s crazy. The censorship has gone mad. It’s the main reason I’m here.
Hopefully the mods on lemmy don’t go power hungry
its pretty hard to get power mods here, since you isolate and sequester them by defederating, or block thier content. on reddit, you can get subreddit banned(mods), and sitewide banned(admins)
A few have. But when it happens people just start frequenting alternative communities. The good karma flows like water through the easiest path. So when an admin or a mod says they find the term bro offensive, people just unsub and find a better community.
Bro thats so nice
Wouldn’t really matter in a federated network like this. Mods banned you from a community? Make a new one. Account banned? Move to another instance.
There’s zero reason to feel attached to online accounts like these, which is the only thing you can lose on Lemmy.
Good job, Spez, you fuck!
he does love MUSK and his Xitter platform.
Huh.
Does anyone else think that ChatGPT is still using the data, they’re just not referencing Reddit directly?
This is how you can tell Reddit’s $200+/share price is insane. Over 10% of its value dropped based on a different unprofitable company’s references to ingested content.
Yikes!!
The entire stock market has become a meme stock pyramid scheme. No price makes sense; it’s all glorified gambling making life on this planet worse for most living things.
⚜︎ arscyni.cc: modernity ∝ nature.
Reddit’s value is its ability to use bots to manipulate and distribute information. It’s just like Twitter, meta and all the other social media platforms.
ability to allow bot propaganda to infest the subreddits more easily(especially politics and news)
No, it’s value is that users have up voted and down voted good and bad data. This gives the AI training data that has been crowd sourced by humans. Bots manipulating votes would destroy the value of Reddit.
havnt they already destroyed the value of reddit, the bots already have massive hordes of downvoting/voting going on.
Bots have been controlling votes on Reddit for years. It costs about $50 to get to the front page of Reddit.
Which is also generally very detectable (if you actually care) and is generally used to push (monetized) social media and not the answer to “what is the difference between normal and merino wool?” and so forth.
The vast majority of the “user” interaction and memes is not the product (at play. it IS useful for societal manipulation but there are better platforms for that). It is all those useful questions and answers that people get pissy about folk deleting the answers to.
Because people, generally, weren’t searching for
team edward or jacob redditbut insteadthe fuck is a renesme redditorLED versus fluourescent bulbs redditand so forth. And the community labeling of the latter is generally REALLY good.Things DO get messy when the question becomes
best synthetic boxer briefs redditbut… it is incredibly rare for an astro turfing campaign to be strong enough to get a genuinely bad product “on top”. You tend to just get an overly expensive branded white label in the top slot which may actually be identical to the “real” best one anyway. But considering you are relying on human opinion regardless, that isn’t far off of what you were gonna get without said astroturfing.Interesting analysis thanks
There are absolutely vote manipulation campaigns still happening.
See this from 12 days ago: https://old.reddit.com/r/privacy/comments/1nldj4m/why_are_we_all_just_accepting_metas_new_spy/?sort=old
12 days ago almost every top-level comment was below -50 and responses were untouched.
Of course there are. That doesn’t mean the majority of the site is compromised.
As a user of the website for many years it’s entirely obvious that a majority of the website is gamed (besides its niche corners). Reddit’s bot prevention mechanisms just fuck VPN users - they are wholly inadequate.
That thread is evidence of a organized bot campaign that they had 12 days to clean up (and didn’t). It’s naive to believe that the rest of the website isn’t similarly (and less obviously) affected by bots - with vote manipulation still standing.
They could sell the cleaned votes to AI companies and keep the dirty data public for the scrapers.
Meta/OpenAI openly pirating everything they can to train their LLMs is a good example of how data hungry these AI/etc. companies are.
Is it plausible that companies request that Reddit narrows down data e.g. by demographic, geographic location, or likelihood of being a real person and request that data for purchase? Sure, but the LLMs seemingly require all data that exists that these companies can get their hands on - I highly doubt with the scale of data being consumed (and data theft being committed) that the big players care too much about Reddit data being tainted. If anything, it might even be desirable to them.
Okay, but it is those niche subs that are the most valuable.
Are you somebody invested financially in Reddit? Genuine question.
Those niche subreddits can also have their moments, too. Maybe it’s not bots, but there are plenty of shills that have been caught in various niche subreddits I’ve frequented over the years (thanks to unpaid moderators).
Ok, so how does a shareholder benefit from that? My company that pays people to stomp on kittens at my kitten stomping factory has value in that in gives people jobs and controls the feral cat population, but it creates no profit for the shareholders.
Yeah reddit’s a weird one. Their financials, aside from this year, are also horrendous. Not sure what value they really bring.
Reddit shareholders also own a lot of shares in much more lucrative industries.
I didn’t ask about their other shares. I asked how Reddit’s soft power is able to actually benefit shareholders. I understand how it benefits Spez and those who make the actual decisions at reddit, but if I own 400 shares of Reddit, how do i actually benefit since Reddit will never pay a dividend since it will never actually be profitable
The people in power don’t care about people with a few shares. You can sell all your shares right now and nobody would notice.
Reddit’s power benefits whomever wants to push an agenda and a narrative while minimizing any info that could counter that.
How is that any different than what i initially said?
Companies pay for API access so profits go up and stock value go up.
I assume the reddit stock doesn’t pay dividends based on profits. But if you bought for 10 dollars and now it is 500 dollars? You can sell some of that stuck to people hoping it will go up to 1000 dollars for a solid profit. And so forth.
And if it DOES pay dividends (some kinds of stocks do) then a percentage of those profits are directly sent to the share holders based on how many shares they have.
I understand how stocks work. Reddit stock is just a legitimizes greater fool scam as no one will ever get a dividend or see any return in their investment short of managing to sell the stock for more than they bought it. Reddit is absolutely worthless in an strictly economic sense. It’s value is soley in societial and political ways
see any return in their investment short of managing to sell the stock for more than they bought it
So… it is a stock that doesn’t pay dividends? Like… that is what stocks are.
Which will only actually ever benefit anyone that owns massive amounts of the stock. Reddit has few tangible assets other than their data, which is of questionable value at best. It’s basically like owning stock in a piblic library
Homie? I assume you are just looking to hear “reddit bad” and… it is.
But if you are actually attempting to discuss things in good faith? You are just describing stocks and you should REALLY educate yourself on the subject if you ever intend to invest beyond retirement and mutual funds… which most people shouldn’t in the first place but that is an even bigger tangent.
The ads/manipulation does a thing that helps you attain profit or power. You want to manipulate what people see and pay for… so you pay reddit to allow you to mass deploy bots bypassing moderator levers. They have the community, you have the objective, you pay for the help of doing this and they probably have their own bot farms included.
They can even internally flag these entries as bots and use their AI partnerships to analyze what works on users and what doesn’t to trigger a specific response, and to avoid using techniques that get called out as bots.
They have their public ‘sponsored’ content, but I promise for big spenders they have a program that has no sponsorship callout. They probably brand it with nice fancy marketing terminology that makes it sound like you’re an angel doing god’s work by driving conversions or some stupid shit.
I understand that Reddit has value to an individual or small board that can control what is posted to reddit. What i am saying is that Reddit’s value is entirely in soft power and has no actual path to profitablity. If i am Condé Nast then i can benefit from owning reddit. But Reddit will never pay a dividend, so buying stock in the company is worthless unless you are convinced that some idiot will pay more for it down the road.
its useful as a propaganda tool, much like Xitter.
I agree. But propaganda tools typically aren’t publicly traded because they are a venture that requires a lot of expenses but being it little cash value, which is the entire point of the stock market.
Yes, but Oracle’s stock skyrocketed based on the unprofitable OpenAI promising to buy >100B worth of AI data center space from Oracle. Nvidia stock also surged on the news, since Oracle builds those data centers with Nvidia chips
Obviously OpenAI doesn’t have the money to pay Oracle themselves, so Nvidia has helpfully given them the money
So now we have an incredibly large cyclic corporate dependency of money from Nvidia -> OpenAI -> Oracle, then back to Nvidia. Definitely not a financial disaster waiting to happen
They haven’t even spent the fucking money yet. It’s just announcements of intentions, with a fraction of that $100B in outlays. Nobody seems to want to say who gets to be the one holding the $100B at the end of it, either.
Presumably they’ll all just do a stock swap and tell their vendors “We’re good for it, check’s in the mail”?
This is how you can tell Reddit’s $200+/share price is insane.
Well, that and the P/E is 180. Typical target P/E on a stock is 15-20, depending on your anticipation of its growth. But we’re expected to believe Reddit’s earnings will be 9x their current income in… some nebulous amount of time?
Like, its silly to get excited about a company this hyperinflated seeing a tiny slide off its new peak. But also, you can’t help be bearish on a firm this flimsy.
While I don’t agree with the reddit valuation to begin with…
that is actually how the stock market “should” work? Reddit is a company that, at its core, produces data to sell to other companies. If other companies choose to (say they are not going to) use that data, then the value of reddit drops. That is literally supply and demand.
If Stanley’s Sprockets’ sprockets are a vital part of iphones then Stanley’s Sprockets is going to be a very valuable company. If Apple changes to the other dude’s product, Stanley’s Sprockets has now lost a lot of value.
Reddit produces nothing. They dupe their users into doing that. Which seem to largely be bots now.
