I only skimmed the article so I don’t have anything to say about the broader point. But, $3.4m/yr seems like a shockingly low valuation for the amount of work m

I only skimmed the article so I don’t have anything to say about the broader point. But, $3.4m/yr seems like a shockingly low valuation for the amount of work moderators are providing Reddit for free. That would, I think, be a pretty small fraction of how much they pay for engineering, for example. If Reddit could just pay moderators that money, it seems to me to be an obviously good deal. But I mostly suspect the number is a pretty big underestimate and Reddit couldn’t just do that.