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.
Eh. a large majority of subreddits are moderated by just a few people as top mods. They’re not modding out of the goodness of their hearts. They’re modding because they’re being paid to. (but not by reddit. It gives them a shit load of influence over what’s on their subs, and companies find that… useful.)
Isn’t that against the rules if it was proven? Or is it only if the mods post things that financially benefit them?
Whose rules? The company makes the rules, they can change them for whatever reason or no reason at all.