I don’t think it was greed. Did they ever make profit in the end? I know they were losing money hand over fist for years and years. It’s not like they had cash to spare to start paying 10k’s of extra employees.
Comment on Reddit moderator rebellion: AI moderation is part of the solution
alienanimals@lemmy.world 10 months ago
Reddit was always too greedy to pay moderators. I can’t believe how many idiots line up to do a multi billion dollar company’s work for free.
AcesFullOfKings@feddit.uk 10 months ago
alienanimals@lemmy.world 10 months ago
The people at the top made tons of money. Also, back in 2018 they only employed 350 people. They were valued at 1.8 billion at the time.
southsamurai@sh.itjust.works 10 months ago
Well, a lot of people had a false assumption going in. The idea was that reddit was providing a free service hosting mutually interactive forums. Generally, if you’d run a forum, it was your forum, with all the benefits and drawbacks that entails.
Reddit even pretended that was true for a long time.
People thought they were working for themselves and their community.