Earlier quoted context omitted.
> It's because the Reddit users that are actually bothered by this are unmonetizable and everyone knows it. Yes, this is exactly the same as the Netflix account sharing controversy. People who aren’t generating the company any profit are shouting the loudest. I don’t think there’s much of a loss here. The era of free money was always going to end and now it’s over.
But those people are also generating a large amount of the content that is being used to monetize users.
My own speculation is that a majority of the content is produced by people using Reddit in a browser on a laptop/desktop machine. It's much faster and easier to produce content in this mode.