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Meta explores options to charge EU users for ad-free subscriptions
(www.reuters.com)
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this post was submitted on 03 Oct 2023
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Which clearly isn't as big and mainstream as Reddit
It's not the end of Reddit
Reddit was around for a long time as a competitor to Digg before the latter shot itself in the ass. Reddit is still in the 'fuck around' phase with a hint of 'find out'.
Rome wasn't built in a day.
Digg was nowhere close to as big as reddit is now.
Look at all the dumb shit twitter has done and it still is a gargantuan platform. Like it or not, these platforms aren't going anywhere.
Very few people actively delete their accounts, but platform eventually die if they can't attract the next generation (young users). Less than 20% of the youth use Facebook for example, because they don't want to be in the same platform as their parents watching them, it will be a long painful day death. Same thing can happen to any platform.
Facebook just hit it's record high of 4 billion monthly active users lol
Just because it's profitable now, doesn't mean it's going to be the case in the future or be sustainable (example, fossil fuels).