Technology
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
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Even if it does, it doesn't really matter if Reddit can't become profitable.
It doesn't really matter what we think but what the shitty capitalists bearing down on Reddit think. They clearly pushed for it to move into crypto and NFTs and I wouldn't doubt if they push it to chase the next hype of AI. I wouldn't doubt if the restrictions in the API are AI related and Reddit has lots of archived comments and posts to draw from.
I'm sure they could've already been profitable a long time ago if they hadn't 1400 employees or something and creating NFTs and shit.