Depending on volunteers is not sustainable, given the regulatory scrutiny that the company will now face, said Julian Klymochko, CEO of alternative investment solutions firm Accelerate Financial Technologies.
“It’s like relying on unpaid labor when the company has nearly a billion dollars in revenue,” he added. Reddit reported revenue of $804 million in 2023, according to an earlier filing.
This hurts to see. Enshittification sucks…
“It’s like relying on unpaid labor when the company has nearly a billion dollars in revenue,” he added. Reddit reported revenue of $804 million in 2023, according to an earlier filing.
It’s not like that, it is that.
It’s not like that, it is that.
He might not have meant that in the literal sense:
The overuse of the word “like” is a pet peeve of many people, and it’s more often associated with ditzy teenagers than effective communicators.
Daily Muse writer Sara McCord said she was called out on her use of the word, and claimed it “detracts from your message and overall professionalism.”
It’s amazing how often things are similar to what they are.
Remember when reddit was a free speech platform where pretty much everything legal was ok except doxing?
What went wrong that we can’t have places like that on the Internet anymore?
Money. Greed. Enshittification. Capitalism.
Abuse. I don’t agreewithfree speach in all things. I doupt anyone does. I don’t want to see constant (to the point of only) ads for vbucks. I don’t want threats to my person. There are a few other things like that, that I think we all agree on., I then have a personal list of things like porn or swearing that iidon’t want to see but some of you do. Where to draw theelineethus isn’t clear but there is one.
I think the line is easy to draw: https://www.astralcodexten.com/p/moderation-is-different-from-censorship
I oppose most censorship, but I do not oppose moderation. If you don’t want to see certain people speaking freely, you shouldn’t have to, but you shouldn’t be allowed to keep them from speaking freely to each other.
Places like r/jailbait and r/fatpeoplehate existed under the guise of free speech.
Man, sometimes I forget how awful that site could actually be. I just miss the crafting subreddits.
Those kinds of subs were the best. I liked when they weren’t too big, but just big enough to have a steady feed of topics. It felt like a tight knit club
Odd, normally Wall St is all about slave labor.
There’s going to be a lot of “unforeseen” challenged to the site now. I get the impression Spez thought it would just be gravy train and hasn’t really taken into account how much it’s going to change the site
spez doesn’t care, be just wanted the money for his doomsday bunker.
The writing was on the wall. The announcement posts were always sad to see. In the comments you would have people begging for better mod tools or asking various questions only to be completely ignored or brushed off. Or they would get false promises that never actually were acted on. Classic spez
He already had his payday. The suckers will be left holding the bag when it all inevitably goes south.
The newly listed company warned in its initial public offering (IPO) paperwork that its unique approach to content moderation can sometimes subject it to disruptions like in 2023, when several moderators protested against its decision to charge third-party app developers
I seem to recall over 8000 subs going dark but sure, just a handful of people protested.
Ahem, “several” (thousand)
eu·phe·mism
noun
a mild or indirect word or expression substituted for one considered to be too harsh or blunt when referring to something unpleasant or embarrassing.
Inappropriate for a wire service/po•tah•to. Reuters has little value to me if non factual statements are not attributed as quotes.
when referring to something unpleasant or embarrassing.
I probably should’ve put this part in bold.
Nah you’re good, I just became a lot less fun when the Gell-Mann stopped <3
“
It’s likeIt is relying on unpaid labor when the company has nearly a billion dollars in revenue,”So moderators can’t possibly be “landed gentry” if they’re not paid.
The take is more like “landed gentry” has too little oversight, they are too independent. They are too far removed from their “king” and dont want to follow his every whim. (If you equate the subreddits to valuable land they were bequeathed)
That won’t go well.
If you’re investing in paid moderation, you don’t want different mod teams moderating different subreddits - that would be a waste of money, and a pain to coordinate. Instead you want to gather the whole “Reddit mod team” as a single unit, and give them a single set of rules to enforce over the whole site, across multiple subreddits.
In other words, it makes no difference if you’re in a small and specialised subreddit or a large and generic one. Say hello to people posting memes in discussion subreddits, rhetorical questions in “ask” subs, so goes on.
And since now subreddits are more similar to each other, there’s less of a point to stay in the smaller subreddits. People will congregate even harder into the larger ones, that are way harder to moderate than the smaller ones (more users = more activity, conflict, and trolls per user). This might create a paradox, where more moderation will cause lower enforcement of the rules, since users are breaking them more often.
The same applies if they’re investing in automatic moderation. With an additional issue - it’s easier to exploit it.
I think they would still allow community moderators for individual subreddit rules, just hire more people to enforce the site-wide rules and let the community mods focus on fostering their own communities. This is the ideal of course and Reddit is, well, Reddit so you might be correct.
This is the ideal of course and Reddit is, well, Reddit so you might be correct.
Yup. Couple it with Reddit taunting the moderators to leave; [shitty] replacement mods (the free ones) for large subs are a dime a dozen, since it comes with bragging rights, but the smaller subs got specially harmed. (I wouldn’t be surprised if some are still private.) The paid mods will be the only ones enforcing rules in these subs.
It’s amazing that it has existed for so long and investors still don’t understand why the users go there in the first place.
“Well believe our approach is the most sustainable and scalable moderation model that exists online today. We are continually investing in and iterating on new tools and policies to improve our internal capabilities,” the Reddit spokesperson said.
That’s not what mods say.
Yeah, let me tell ya what’s NOT going to happen…
Much like Meta and Xitter, it ain’t worth the money to these companies. People will continue to lick their boots, and they will keep stepping. They don’t care.
Sweet, I can’t wait to see ModAI implementing moderation to further Reddit’s boring echo chamber.
Take me back to 2007
Well, yes, but actually, no
