Reddit tried to sticky this post for moderators around 12p CST today, and they've since tried to bury it. Thought it might be good to back up the link here.
The only thing u/spez cares about it $$$. It’s not about the communities as a whole anymore. I understand server space isn’t exactly cheap, never has been, but Reddit, unlike Lemmy, is all about profit. There is no way that the ridiculous amount he wants for the api use age is sustainable for anybody that is trying to make Reddit useable for the masses. They just realized they weren’t getting any ad revenue from the apps that he couldn’t convince to show them. When I left reddit every other post was an ad
Reddit's not just interested in server costs now, though, they need to extract the maximum profit out of all their content. (We may have created the content, but they own it now).
Their main beef with the 3rd party apps seems to be that they were profitable while Reddit itself wasn't. But those apps did one thing, and did it well. Reddit is super bloated and out of touch.
Personally I would like to see Facebook die too. Ther is nothing Ther but dram and personal grievances now. Killed fb on my systems 2 years ago and don’t miss it one bit