Reddit’s problem, assuming they actually want the site to continue to be a functional forum (and I think this is a big assumption, I think they view it as a hug

Reddit’s problem, assuming they actually want the site to continue to be a functional forum (and I think this is a big assumption, I think they view it as a huge LLM training set to sell now) is that they’ve depended on volunteer moderation. If the free moderators leave, they’ll either need to pay moderators (very expensive, would likely put them further in the red) or they watch the content go down the toilet, which is also bad for their IPO dreams. Having taken a blowtorch to moderator/power users’ trust, I think they’re in an inevitable death spiral at this point, it’s just a question of how fast.