Main points: He plans to make moderators popularly elected to more easily vote them out.
Hopes the next frontier will be subreddits as businesses.
He does not want Reddit employees to take on the work. Moderator hours were valued at 3.2 million last year, 3% of reddit’s revenue.
The correct response is scorched earth, time to delete the protesting subreddits. the CEO has zero respect for those folks who built those community’s, might as well help remove the actual value of reddit.
Deleting the subreddits would be an easily reversible action for admins. Users will need to edit over comments to actually make a change that wouldn’t easily be reverted. Idk, maybe it could be. It would have to be a lot more users too.
I’m positive they made a backup before announcing the change. We would have to edit the comments to something not easily detected like random words.