If you're in the know, Reddit announced in April that it would start charging third-party app devs for its API. From July 1 onwards, devs that require higher usage limits for every 1,000 API calls will be charged $0.24 per user per month.
One of the reasons is generative AI. Reddit's forums have lots of data that can be used to train tools like ChatGPT and Google Bard. And Reddit's API will make it easier for companies to directly find and collate these data.
In an interview with the New York Times in April, Reddit CEO Steve Huffman said that the 'Reddit corpus of data is really valuable" and that he doesn't wanna "need to give all of that value to some of the largest companies in the world for free."
Does he make any sense? Why? Why not?
So, in retaliation to the increase in API usage prices, thousands of subreddits have protested the move, and most of their mods have already instituted a 48-hour blackout during which subreddits are currently private. This means millions of users have no access.