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submitted 10 months ago by MicroWave@lemmy.world to c/news@lemmy.world

Summary

Reddit shares have dropped 50% from their February peak, when the stock had soared over 500% from its $34 IPO price last March.

Much of the early enthusiasm came from AI-related deals allowing Reddit’s content to be used for training models, but recent doubts about long-term growth in the AI sector have dimmed that optimism.

Analysts remain skeptical and some call the stock “super overvalued,” noting Reddit still is not making any money.

Market uncertainty and early investor sell-offs continue to weigh on Reddit and the broader tech sector.

Non-paywall link

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[-] El_Azulito@lemmy.world 20 points 10 months ago

I still have no idea why I got permanently banned. The interestingasfuck subreddit said I had multiple violations across accounts—something vague about participating in the Trump subreddit. Apparently, if you so much as post in that subreddit—whether you’re agreeing with them or talking shit to the MAGAts—then go back to interestingasfuck or any other sub with the same rules, they’ll permaban your account. And not just that one—they’ll ban any new accounts you try to make too. So honestly… I guess I DO know why I was banned, but compared to the vitriol I’ve seen on there, mine was not warranted. I’ve even appealed. Fucking hate Reddit now. Cowards.

[-] ByteOnBikes@slrpnk.net 9 points 10 months ago

You were banned because you were obviously a person.

Have you seen the comments lately? Most of it looks like AI bots are replying to AI, upvoted by other AI bots.

[-] TangledHyphae@lemmy.world 3 points 10 months ago

You got me really curious so I prompted ChatGPT to give me a redditor style comment that's anti-Trump followed by another far-left redditor's reply to it and this is what it gave me:

Original Comment (Left-Leaning Anti-Trump Perspective):

"It's honestly mind-blowing how Trump still has a cult following after everything. The man was impeached twice, incited an insurrection, and openly grifts his supporters with fake fundraising schemes. And yet, somehow, people still think he's their 'savior.' The cognitive dissonance is off the charts."

Far-Left Redditor Response:

"Because the system is fundamentally broken. Liberals act like voting blue is enough when the entire establishment—from corporate Dems to the GOP—is complicit in maintaining capitalism's stranglehold. Trump is just a symptom of the rot. The real solution isn’t 'vote harder'; it’s dismantling the system that enabled him in the first place."

^ -- this seems to be disturbingly accurate, I can only imagine this being produced at automated scale at this point.

[-] Necroscope0@lemm.ee 9 points 10 months ago

Apparently all you have to do to get banned from Reddit these days is to hope Musk's penis implant explodes and burns him to death from the dick up. Worked for me!

[-] TangledHyphae@lemmy.world 6 points 10 months ago

Yep, someone in another sub once said "I hope your plant dies" and their whole account was permbanned for "inciting violence". Against a plant. Hysterical. That site is cooked.

[-] futatorius@lemm.ee 2 points 10 months ago

I get banned once for saying I wanted to see justice done. "Inciting violence."

[-] Montreal_Metro@lemmy.ca 4 points 10 months ago

I don’t care about being banned and I never read replies or check my inbox because it’s the internet and I don’t care.

[-] turnip@lemm.ee 4 points 10 months ago* (last edited 10 months ago)

Its a really weird place during elections, they've basically banned anyone with the opposing view on enough issues that its a full blown echo chamber. People then go crazy during elections trying to get their guy to win and the echo chamber grows exponentially.

this post was submitted on 31 Mar 2025
900 points (99.0% liked)

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