A lot of Redditors hate the Reddit IPO
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“Yea I’m not buying. But I will be watching it tank.”

A lot of Redditors hate the Reddit IPO | Reddit warned us that its users were a risk factor, and boy do they sound excited about shorting its stock.::Reddit seems like a likely candidate for a meme stock. But the actual reaction suggests that r/WallStreetBets isn’t going to send the stock to the moon.

    • captainlezbian@lemmy.worldEnglish
      9·
      9 months ago

      Having an algorithm is something some people like. It isn’t as universally negative as some seem to think. The issue is when the algorithm is prioritizing engagement over enjoyment

      • Riven@lemmy.dbzer0.comEnglish
        1·
        9 months ago

        You nailed it there, it’s similar to targeted ads for me. I actually do like targeted ads because they might show me stuff I’m actually interested in or new products/new media in my wheelhouse. It’s just that a lot of people can’t help themselves and buy what they see on ads, I usually just use it as a jumping off point to do research into whatever product. I prefer seeing ads for games than for diapers.

    • leviathan3k@sh.itjust.worksEnglish
      4·
      9 months ago

      When the volume of potentially relevant and interesting content is enormous to the point that a standard human brain can’t possibly hope to filter through all of it in reasonable time, the algorithm makes plenty of sense.

      I just want a fair algorithm that represents what is best for me and us.

    • odelik@lemmy.todayEnglish
      2·
      9 months ago

      No, what I miss are tools for searching for communities that actually work. While technically those use algorithms to find communities, but I don’t miss “the algorithm”.

    • kingthrillgore@lemmy.mlEnglish
      1·
      9 months ago

      It makes curation a lot less difficult, but I also think making it the sole authority is reckless and bad design. I should be able to live my life without its sense of ‘discovery’ and Mastodon is in the right with their approach.