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Reddit stock tumbles the most on record as lack of new AI deals, US daily users metric disappoints
(finance.yahoo.com)
this post was submitted on 31 Jul 2026
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Makes sense, Reddit feels like a shell of it's former self.
After the apicalypse many subs seems to have died, also the new UI that has been pushed for a decade or so, seems to promote consumption of content and discourage creation of content, further reducing new content.
Reddit has been many, many times by AI companies, why keep scanning if the content stays 98% the same, with most new content being of mostly lower quality, simply due to people posting AI shit.
This was a very predictable outcome.
As soon as Reddit's history got scanned by AI models, it lost 98% of it's future value.
Don't forget that you can't use VPN now, use the web version on mobile, and most accounts gets banned as soon as they are created by the automod.
They fingerprint your device, if you get a new phone or reset i (you can restore, just logout on safari and clear cache, use a new user, etc. google automatically logging me back in to an alt that got banned alongside my main got it banned) I'd just quit and find better hobbies, reddit feels like it isn't a waste of time but it really is.
Yeah it is a waste of time and I have been seeing that more since switching back to the fediverse.
Also thanks to the mods of /r/worldnews for helping kick my reddit checking addiction since I got banned and keep getting flagged as ban evasion lmaoooo
Fuck spez and etcetera
In my case it was r/publicfreakout which always feels ironic