The landed gentry are only in charge until the king comes to town and chops off a few heads. At least that seems to be the case at Reddit, where CEO Steve Huffman pretended his complaints about current moderators — who were protesting his decision to effectively cut off API access to tons of useful…
Imgur has fair API prices and they serve images and video. Reddit serves goddamn text (or at least that’s their core business and if they can’t afford picture and video they shouldn’t do it).
Sure users would have had to pay some money and/or the 3rd party devs would have had to funnel some of their ad revenue to reddit. But if it was a reasonable amount, I doubt many people would have complained about it (there are always some). Everybody knows Reddit has to make money somehow.
This wasn’t designed to make money though. This was designed to kill all third party apps. I don’t even see the upside from a business perspective. This seems like a petulent manchild move by Spez, just like his idol Elon would make it…