This is not about making reddit profitable. It will not contribute to that goal. It will just kill everything that uses the API. The goal is control so that lat

This is not about making reddit profitable. It will not contribute to that goal. It will just kill everything that uses the API. The goal is control so that later changes can squeeze the community to death. They're charging 3rd party apps 20x what reddit itself can make from a user. The goal is to kill the ecosystem and bring it back into the fold. They even admitted as much when they said that they started thinking about this seriously when LLMs trained on reddit came out. If they wanted to make reddit profitable they would charge 3rd party apps what they themselves make from users, and float that rate. Like that 3rd party apps cost nothing, even save them money in engineering. Think about it this way: people are begging to do massive amounts of free work for reddit and their response is to banish all of those people. This has nothing to do with profits from 3rd party apps.