this post was submitted on 16 Jun 2023
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Reddit CEO says he’ll change rules to end protest (www.msn.com)
submitted 1 year ago by [email protected] to c/[email protected]
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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.

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[–] [email protected] 13 points 1 year ago

Oh you want to have popular elections for mods? Do it, see what happens. Poll crashing is a fucking sport.

Oh yeah, and:

“If you’re a politician or a business owner, you are accountable to your constituents. So a politician needs to be elected, and a business owner can be fired by its shareholders,” he said.

CEO of a company doesn't even understand business ownership. Business owners cannot be fired. They can be bought out. Shareholders are owners. C-level employees are almost universally also owners. Nobody can just "take away" ownership; it has to be bought, and an owner of property is the person who gets to decide whether to sell it or not. What an idiot.