The chapter delves into Reddit's unique role as a platform for niche communities and authentic interactions, contrasting it with mainstream social media. It discusses Reddit's struggles and successes, including content moderation challenges and strategies for revenue generation. The conversation also explores Reddit's IPO approach, financial challenges, and the potential implications of involving the community in the stock ownership process.
This week, the U.S. Department of Justice sued Apple, saying the company holds a monopoly over the smartphone market. We break down the lawsuit and ask whether it will be a major turning point in Apple’s dominance. Then, Jonathan Haidt, a social psychologist, argues that smartphones and social media are the cause of widespread increases in mental health issues among young people. He tells us his four potential solutions to the problem. And finally, Reddit’s market capitalization hit $9.2 billion when it debuted on the New York Stock Exchange this week, but the company still isn’t making money. We talk about the challenges Reddit faces as it goes public, and how the site may change as a result.
Today’s guest:
Additional Reading:
We want to hear from you. Email us at hardfork@nytimes.com. Find “Hard Fork” on YouTube and TikTok.