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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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Happy to see it. I would love a new platform to show up and replace reddit. I dont think its going to be Lemmy but something where the creators actually care about great discussions rather than money.
The challenge is moderation of course.
I don't honestly think reddit was any better than the old bulletin boards which themselves were just a variation on usenet newsgroups
any large site is going to end up in corporate control, that's the sad and honest truth
I feel like without something like reddit, capital would try to worm its way into places like this, which would be disastrous if it was successful.
Which is literally why lemmy is the only possible replacement. It's the only path for users to choose not an evil corporation. Hypothetically reddit could operate an instance, and we could all give them the finger and block/defederate from them. We have to foster the growth of niche hobby, community, and activity boards though. It can't all be left leaning politics and meme shit posting. We need to encourage those who share expertise to come contribute. That lemmy is the defacto aggregate forum. It is the only form factor corporate ownership can't swallow up.