this post was submitted on 03 Oct 2023
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Doubt
Considering we're already on an ad-free Reddit clone?
Which clearly isn't as big and mainstream as Reddit
It's not the end of Reddit
Reddit was around for a long time as a competitor to Digg before the latter shot itself in the ass. Reddit is still in the 'fuck around' phase with a hint of 'find out'.
Rome wasn't built in a day.
Digg was nowhere close to as big as reddit is now.
Look at all the dumb shit twitter has done and it still is a gargantuan platform. Like it or not, these platforms aren't going anywhere.
Very few people actively delete their accounts, but platform eventually die if they can't attract the next generation (young users). Less than 20% of the youth use Facebook for example, because they don't want to be in the same platform as their parents watching them, it will be a long painful day death. Same thing can happen to any platform.
Facebook just hit it's record high of 4 billion monthly active users lol
Just because it's profitable now, doesn't mean it's going to be the case in the future or be sustainable (example, fossil fuels).
And that there's already federated Facebookesque software out there. I've not looked into it, mind you. I don't think there's a market much for Facebook replacements. Most people able to know about a federated equivalent probably don't want to be on Facebook, and if they're on it at all are just there to interact with the few holdouts that insist on remaining there and are secretly hoping it self-destructs.
We've got one that is orders of magnitude smaller and has no where near the number or quality of communities as Reddit.