• seem to believe that their platform cannot be easily duplicated, or made obsolete nearly overnight.

    As much as it pains me to say it, I think they are right. The value in social media is in the size of their user base and I don’t see a mass migration to another platform really happening unless reddit itself went completely offline for several weeks. People do not like change and Reddit will continue to be just “good enough” despite the API changes. If anything their decline will be extremely gradual since moderators will have lost most of their third party moderation tools. And niche communities can probably keep ticking along without them for the most part.

    • I don’t mind if most of reddit users stay there, we just need to attract the valuable ones. Back on reddit I wouldn’t have welcomed the entirety of Twitter for example, too many bad contributors.

      • Contributors also want their content to be seen and communities with 500 subscribers aren’t all that attractive. So I don’t expect anyone to abandon the mainstream options. The most we can hope for (and all I’m really asking for) is cross-site posting and participation.

        Go ahead and visit Reddit, just be sure to post/comment on on the fediverse as well.

    • Previous sites died because there was a continual stream of new VC funded initiatives still in the ‘seduce new users’ phase of low-zero monetization for people to jump to. That tap of new, user-friendly sites has been shut off by the recent interest rate hikes curtailing VC funding.

      Worried we’ll eventually settle into semi-collusive model we see Cell Carriers and ISPs have. If all 5 major social media sites stay in lock step of monetization, who are you going to go to? And without VC money, what new site will be able to truly scale?