Investors want to get paid for the last 15 years of waiting… and they want as big of a paycheck as possible and nothing matters but that. All the free labor mods did? I’m sure the board and investors all agreed that moderator labor can’t legally demand anything, meaning they don’t matter.
So, I expect Reddit, one of the best forums on the internet, will deteriorate after all the trust gets squeezed out via increasingly intrusive ads shutting down of the (old.) subdomain, an increase in user profiling and user acquisition.
Sad but it was good while it lasted