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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.
not to mention the NSFW purge. Like it or not, that was a HUGE part of reddit's success.
What? I remember years ago when making maps of Reddit community connections was all the rage. On the maps weighted by posts and subscribers, it looked like Reddit had a sizeable NSFW section. On the ones weighted on traffic it looked like Reddit was a porn site with some other special interest forums.
They killed off the old ones by timebombing the subs with strict requirements for activity. They started complying with takedowns, which nuked wide swaths of NSFW reddit. The death of gfycat was another sudden and massive removal of content.
The NSFW part of reddit didn't go away though. It's transformed into OnlyFan spam. So it's not really porn. It's redlight district ads. Hot local girls want to meet you!