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44 sats \ 2 replies \ @ek 11 Jun 2023 \ on: Time to poach us some Redditors! bitcoin
The problem with the new API pricing seems to be that it's too high. It's not about not paying. It's about paying an unreasonably high amount (compared to APIs of other companies). The reason for such high prices seem to be to kill 3P apps to drive more users to the official app.
I see.
In any case, it's a losing battle. The attention economy is a zero-sum game. Social media companies are essentially utilities that were inflated into Big Tech giants due to a low interest rate environment. Now they have to make good on their promises to VCs, but maybe Metcalfe's law is a more fickle moat than many hope for. Nothing wrong with being a utility company. Problem is having delusions of grandeur that can't be justified by a free market.
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Apollo is a great app. My reddit use will decrease significantly without it...
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