Even with the wariness of Meta’s entrance into the fediverse, Threads gives it legitimacy and spreads awareness. So many people on reddit were saying the fediverse was confusing and that it wouldn’t catch on or appeal to the average user. Threads can change that perception, even if the various lemmy instances don’t federate with Threads, people will be aware of the existence of other servers, of the technology, and be more willing to branch out.
And we thought bots and karma farming were bad before.
I don’t think reddit or any social media company gains copyright or ownership of what you post
There’s no guarantee that what’s being posted even belongs to or is the original creation of the poster.
I don’t think reddit will die, but they definitely hurt themselves. The fediverse grew by leaps and bounds over the past week, reddit drove so much traffic to their potential competitors. Then when the 3rd party apps die, they’ll lose some more.
Reddit is gambling on gaining enough revenue from pushing people on 3rd party apps to 1st party that it makes up for the loss of users overall.
People on reddit say “Why do we care about 3rd party apps, it’s such a small section of the userbase” But apparently reddit cares enough about that small section of the userbase that they need to push them to their own app.
Based on the language where they say there is something coming in the future, I would bet it’s that system.
They want to invalidate all existing awards so they cannot be used to give people money under the new system and likely also remove the premium feature of getting awards for free.
People who want to reward content creators will pay for premium and awards instead of just premium now.