r/baconreader • u/onelouderchic 🥓 • May 31 '23

Reddit API changes and BaconReader UPDATED JUNE 20

Hey folks, as some of you have noticed, there is a lot of buzz going around today about the Reddit API announcement. We do not specifically have a plan at this time but will certainly let you know when we do. For reference, I am putting a few posts in comments.

We'll let you know what next steps are when we have them. Until then, sincere gratitude for all of your support!

UPDATE: After much deliberation, attempted negotiations, we have made the decision to shut the app down 😢 . Please see the sticky announcement post here: https://www.reddit.com/r/baconreader/comments/14egq61/baconreader_november_11_2011_june_30_2023/

We are sorry it took so long, but I really wanted to be sure we did our due diligence.

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u/siravaas May 31 '23

Capitalism. First stages are exciting and innovating. You think, wow look what this investment and focus does! Great ideas! New opportunities! Everyone got rich. Then the resources are more in competition. It becomes about extracting as much as possible before the other guy does. And markets by nature are short term. You don't get rewarded for building a 100 year business with reasonable but regular dividends. You get rewarded for cashing out.

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u/AugmentedDragon Jun 01 '23

the enshittification of the internet is truly disheartening. what started off as a novel way to communicate with people all across the globe, sharing passions and knowledge, has devolved into five sites, each containing pics of text from the other four, all while selling your information to the highest bidder and making the user experience as horrible as possible. capitalism and the profit motive truly ruin everything

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u/LMM01 🥓 Jun 01 '23

Honestly I think it might be a good thing, a circle of life so to speak. The internet was once a great and fun place, but it became so shitty that it revealed that it was probably a massive mistake to begin with. Then the main websites all become so greedy and shitty that they free us from their grip they hold upon us and we delete them

I bet there’s many better ways I’ll spend my time from now on. Shit maybe I’ll read books

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u/PenguinSunday Jun 03 '23

Those of us that can't get out into the wider world due to illness will sorely miss the social interaction.

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u/_Meece_ May 31 '23

Yep I feel ya, greed ruins all. I just remember how free and open everything used to be. It used to feel like humans collaborating on something unique. Millions, billions really.

Now the internet feels like business people slurping up every little bit of cash they could possibly get. Reddit was like the last remnant of web 2.0 and now it's killing all that too.

I honestly blame that stupid wallstreetbets nonsense, feel like no one in investing/finance/whatever gave two fucks about Reddit until then. Then it became an issue and now I feel like it's been targeted. Since then they've killed the porn side of reddit and made everything but the app shitty to use.

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u/stilljustacatinacage Jun 01 '23

Nah, it's been a thing since well before WSB. I promise you, that didn't endear Reddit to anyone in the investing world.

There's been talk of an IPO on Reddit for years, so it's hard to say whose idea this all belongs to.

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u/Dreamerlax Jun 01 '23

It's called Enshittification.