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.

  • Lvxferre@mander.xyz
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    8 months ago

    That won’t go well.

    If you’re investing in paid moderation, you don’t want different mod teams moderating different subreddits - that would be a waste of money, and a pain to coordinate. Instead you want to gather the whole “Reddit mod team” as a single unit, and give them a single set of rules to enforce over the whole site, across multiple subreddits.

    In other words, it makes no difference if you’re in a small and specialised subreddit or a large and generic one. Say hello to people posting memes in discussion subreddits, rhetorical questions in “ask” subs, so goes on.

    And since now subreddits are more similar to each other, there’s less of a point to stay in the smaller subreddits. People will congregate even harder into the larger ones, that are way harder to moderate than the smaller ones (more users = more activity, conflict, and trolls per user). This might create a paradox, where more moderation will cause lower enforcement of the rules, since users are breaking them more often.

    The same applies if they’re investing in automatic moderation. With an additional issue - it’s easier to exploit it.

    • sean@infosec.pub
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      8 months ago

      I think they would still allow community moderators for individual subreddit rules, just hire more people to enforce the site-wide rules and let the community mods focus on fostering their own communities. This is the ideal of course and Reddit is, well, Reddit so you might be correct.

      • Lvxferre@mander.xyz
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        8 months ago

        This is the ideal of course and Reddit is, well, Reddit so you might be correct.

        Yup. Couple it with Reddit taunting the moderators to leave; [shitty] replacement mods (the free ones) for large subs are a dime a dozen, since it comes with bragging rights, but the smaller subs got specially harmed. (I wouldn’t be surprised if some are still private.) The paid mods will be the only ones enforcing rules in these subs.