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Reddit wants to raise $748M with IPO, sets value at $6.4B
(go.theregister.com)
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this post was submitted on 11 Mar 2024
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That's not just Reddit. That's the entire Internet right now. Reddit or Lemmy, X or Mastodon, Facebook or anything else on the Fediverse. It's all the same. We are living in a time of mass fear because of several different reasons. War, climate, economy, personal rights... pick whatever topic you want. There's a reason to be angry about it.
We need to go back to the days of happy people sharing their passions, rather than angry people attacking each other. But that won't happen anytime soon.
The big problem is algorithmically driven content feeds. They don't feed you content that makes you happy, they feed you content that makes you mad. I think Lemmy is different in that your feeds are based on what is popular in the communities that you've subscribed to. Reddit used to work like that, but now it's all algorithmic content too.