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.
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?
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.
Money. Greed. Enshittification. Capitalism.
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