Reddit and Social Media Models
· ☕ 579 words internet · ✍️ Peter Hiltz
I want to talk briefly about Reddit and social media business models. Like most social media platforms, Reddit’s business model is selling (a) advertising and (b) user data. Social media companies (Reddit, Twitter, Facebook et al) have discovered that enabling outrage increasing engagement and, therefore sales and profit.
You can pay for Reddit Premium for $6/month to avoid ads (and get more filtering functionality), but your user data will still be sold and you haven’t reduced the companies' incentive to increase outrage