The moderators who run much of the site are not paid directly, but they’re definitely in league.
Powermods took over reddit a long time ago. Hell, I’d go so far as to say reddit secretly promoted r/the_donald and other extremist subreddits, and had a direct hand in getting him elected.
they’re definitely in league.
They’re really not. I got to interact with many of them during the vaxxhappened protest and I got the impression that they were largely rather timid people. I do think that Reddit management is happy with the arrangement though, because it means they can abuse the mods knowing they won’t rock the boat.
The situation around the Donald is probably true, but the most telling thing is when they replaced the top KotakuInAction moderator in order to keep the subreddit not-private.
They could leave the platform, and watch it crumble and burn.
If I were a mod I’d just mod it poorly. Accept bribes from users to gaslight and ban their enemies. Disable posting restrictions, wait for the spam to come, and just ban a shipload of people in response, then make posting restrictions unreasonably high. Make any mention of the name Goldstein an automatically bannable offence. Change the font to white on white for a day. When users complain, change it to yellow on pink. Shit like that
I think some have been caught getting bribes years ago.
What are they gonna do, fire me from my volunteer job?
Mods? They won’t. Most are either Idealogues pushing an agenda for some reason or introvert shut-ins addicted to the tiny bit of power they have.
We all saw them flake out and fold back in July-August at the mere notion of getting replaced.
I am not even mod, never was, and even I got an email to pre-register for their IPO. For some reason. Deadline to pre-register is March 24th, if I recall.
I’m going to replace could with will in my head so I can sleep really well tonght
That honestly says way more about mods than it does about Reddit. Of course you’re not gonna pay for a task people are lining up to do for free, no matter how much they themselves make.
Those mods volunteered for the community, not for the company and certainly not for spez. However by turning reddit into a profit machine, spez is exploiting the volunteer work they did, and in the process, destroying it. reddit as an IT product is worthless, the communities are the value.
Take Open Streetmap. It’s been built by the community for the community. So many contributors who volunteer. Imagine it was a proprietary product and one day they start charging for it. Is that not theft from the people who actually built OSM for free?
Sure there are some mods on reddit who are doing it for their community.
Let’s be real though… the vast majority of mods in any online community are fief lords. They do it because having power over other people feels good.
People do it for free on Lemmy, too. Reddit used to be much more moderator-friendly. I think a lot of remaining mods are just going on muscle memory at this point.
Yes, they do. And while I don’t get it on here either, at least they don’t line the pockets of some shitty company. Some moderation is necessary, and I guess I should be happy about other people doing it for free here.
People do it because they care. I ran /r/StarTrek for over a decade because I wanted a specific type of community to exist that didn’t elsewhere, and reddit made it easy.
Of course, reddit eventually screwed me (and all of us) with their greed and there was no way to move what we’d built. If a nonprofit reddit-like site existed back then I would hopefully have had the foresight to use it instead.
🫡
Oh hey, I recognize you. Genuinely and truly, thank you for your years of service. I run a mastodon community these days for the same reasons, and I can only imagine how frustrating and eventually heartbreaking it must have been for long-time reddit mods to slowly get screwed out of the homes they’d built for themselves and others.
Workers of the Internet! … moderate some more!
I think I might know part of the reason they aren’t turning a profit…
This was my take away. They paid 1 individual over twice the amount they lost last year. That fix is easy math to me.
The king Solomon method?
And remember, because I feel this always needs to be said with such sums…
193 million isn’t enough for him, and 193 million plus whatever millions he made in years prior isn’t enough for him. He’s going public because he’s a broken, disturbed human being that looks at his unethical levels of wealth, enough for most of the other humans that live here to live 2 dozen extravagant lifetimes, and still demands mooooooaaaaaar.
Why isn’t this widely accepted as severe mental illness?! This is hoarding disorder.
These aren’t big ocean house sums. These are buying politicians sums, and they are only achievable through exploiting other human beings and selfishly pocketing most of the value of their labor.
There’s a yacht, and then there’s a yacht.
Is it possible to set a roof on private wealth? Everything above put into public funds? Give them a “you win at capitalism” trophy and let them into some other game to play.
It’s called tax and all countries do it except for the fucking United States that has spread a disease of letting companies and billionaires just skip taxes, in a criminal mob act that is robbing the people of their money in an open corrupt way that nobody dares stand up against
All countries? Uh, Russian, Indian, and Chinese billionaires have much more freedom to do whatever they want.
In the US, Donald Trump (who claims to be a billionaire) is currently being fined $450 million dollars for underpaying his taxes. He accrues $110K per day in interest on that fine. And he was President of the US!
The 1950s had a great thing going. Once you hit $100,000 in a year, anything beyond that was taxed at about 90%. Nobody wanted to give the government 90% of what they’d be making, so no one did, and the 1950’s were absolutely booming for the US middle and lower class. You could afford a new house, car, and two kids at a job you didn’t need a college diploma for (or often even a highschool diploma) on a single income household.
Without having to pay ridiculous sums of money to the ceo’s and executives and whatnot, companies were just left with the option of using the funds to invest back into their companies and their employees instead going after pocketing as much money as quickly as possible.
I think the absence of cap also makes super rich people motivated to invest in new projects that could make them even richer. If they don’t have this motivation anymore, it may reduce this investment source, they’d just keep what they have and don’t see the point in doing more with their money. Would the state do that better from taxes money? Maybe
But that means they seek projects that must be profitable and that’s exactly why I want the bloated investment power off their hands and into public projects that value psyche and society in the long run. Profit seeking leads to sick companies like Apple etc. with stances like “the customer should not be able to repair their shit”.
I think better regulation of the market so it benefits the consumers, like what EU tries to do, is more realistic than imagining a state being able to sustainably handle marketable innovation. I don’t think a state would have come out with efficient web search, smartphones or gen AI for exemple.
Here’s the thing… Money is just a points system after you get into the .1%. A billion dollars, with 5% non-compounding interest (ridiculously conservative) would yield $50 million a year. That’s a metric fuckton of money, I can’t imagine a luxury (not based on rarity or shaping society) that you could personally enjoy.
So I agree, we should take all their shit, except a single home and personal possessions, and give them a $50 million dollar stipend each year. Let’s pin that to the minimum wage and call it absolute rich. Hell, let’s let them divide it up between their children… Their family would be set for generations, and any of them could go for the prize to add another one time prize to go even higher. Let’s make it fancy as hell, give them a special card or a jeweled broach they can pull out and buy anything without seeing a price… And let’s make it not roll over, because we want them to be post-money
Now, the finances work out easily if we let the government invest money (crazy that we don’t use that instead of taxes at this point), but the trouble is it’s not about money, they need a new game to play. We want to make sure they fuck off and measure dicks with each other in a way that doesn’t use our species as the playing board. They want to compete with each other for rank and social status, and we want them occupied
I don’t think there’s a one size fits all solution, so I’ll throw out some ideas. A children’s card game, next level Pokemon go battles, a monthly token that can be granted by anyone (with physical proximity) to signify they were helped by an unbillionare, unbillionare exclusive sports (I’d watch), maybe even points for how much of their stipend they don’t spend in a year
We can even let them prestige, and see if with a small gift of $5 million dollars they can do it again… By that point I’m guessing their brains have probably rotted, but I’d like to give them the option
Maybe we give them nicer badges that they can whip out based on points, maybe we make a points store where they can use the emergency alert system or rent out monuments for a pizza party… Just things that money can’t buy and don’t meaningfully hurt the rest of us
Personally, I really love the idea of video game duels and MMA matches (either we laugh or they improve themselves to a point it’s actually impressive, win-win. Let’s stream it)
Let’s bring back the nobility, but in a way that’s fun for us and doesn’t include ownership of people. Hell, let’s add in titles, and let you get in through capitalism, scientific breakthroughs, or social change
Not only would I be willing to give them a trophy, give them a fucking parade, shout-out at the next SOTU, let them sign the original constitution or some shit, whatever the fuck these mentally ill people need to stop destroying society.
Hell keep a leaderboard of who “produced” the most wealth and let them compete with each other. The winner every year gets their name carved in a new " Stanley Cup of Captalism" (the hockey one, not the crazy white lady one). All of that shit would be infinitely cheaper than having billionaires around.
Yes.
Enforced, adequately high progressive taxation could do that, in fact we had tax rates closer akin to that prior to Reagan, and at one point our highest tax rate was close to 90% as it should be so as to limit accruing enough wealth to warp our society unilaterally beyond their single vote with media and political bribery, but that died a long time ago in the name of “turning the bull loose.”
But then the greediest fucks among us bribed our leaders to get their way, to thunderous applause by idiot conservative peasants and many so called democrats, today’s neoliberals, and here we are, planet burning, terminal stage capitalism, good fucking times. But hey, as long as Bezos can have a second mega yacht to keep his first mega yacht company (he really does look it up) I guess it was all worth our impending collapse.
You know what people did when the highest tax rate was 90%? They made sure they’d still “max out” 25 years from now. They invested in their company reputation and their workers.
I can just picture every modern billionaire vomiting into their mouth at the thought.
$200M is still big ocean house money. $200B is buying politicians money. The difference is about $200B.
I think you over estimate the cost of politicians.
Unlike the cost of ocean-front housing, they’re not listed.
There’s been plenty of stories that have come out that it took a relatively small amount to buy important votes. At this point they should just crowd fund buying out these guys. At least it would drive the price up and make it more transparent how shitty some of these people are.
Hell no… Politicians are cheap AF. You could buy a senator to lobby for your bill for $20K.
For $200M, you could buy the entire senate, house, and presidency for a year.
Even the more premium offerings, like supreme court justices, are getting to be pretty reasonably priced and they often run deals, too, so it’s a good idea to keep an eye out and shop around for the best price.
Help a brother out if you will, use my referral ‘JUSTICE3’ so we both get free services for 3 months
Have we tried crowdfunding that?
And he’s accomplished so hilariously little compared to the other billionaires out there. Not that they deserve billions either, but look at Google and the ridiculous progress they’ve made, and innovations they’ve created, and code they’ve open sourced. Steve wants to be among such “peers” in terms of wealth while having done relatively nothing.
After they introduced reddit gold, they made enough money to finance the service beyond anyone’s lifetime. Now, all that money is gone.
Reddit has been mismanaged, just like almost every silicon valley or venture capitalist driven business. The goal isn’t to make a business profitable, let alone one that is sustainable or serves society, the goal is to meet a certain arbitrary metric that only serves shareholders at the expense of anything and everyone else.
Why isn’t this widely accepted as severe mental illness?! This is hoarding disorder.
Doctors don’t diagnose people with “evil”. That’s what priests and philosophers are for. Doctors diagnose people with illnesses and injuries. Things that negatively impact the patient.
Once you get to that level of wealth it becomes a mentally ill competition game. It’s no longer about the money or what you could or will do with the money, it’s trying to get yourself into higher tiers of even more abhorrent wealth accumulation.
“How did you get here? Business class?”
Laughs the people with private jets
“Where are you staying? A resort?”
Laughs the people with a house in every city
“Where will you go when we end the world? Not my bunker”
Laughs the people with bunkers
Always felt dirty on Reddit. Corporate garbage.
Wasn’t always like that imo. More of a slow descent that turned into a speedy drop off last year.
Was feeling that more and more and more, the API change being the stray that broke the camels back. Anytime I have to visit that God Forsaken place I want to claw my eyes out. So much dumb, money grabbing shit. From golden up votes, that hideous new logo, that icon screaming “ADVERTISE ON REDDIT”, trying avatar NFTs you could buy (from them of course), stupid store being shoved in your face when looking at profile settings, man fuck that place.
No wonder they’re such assholes.
I used to moderate an older forum site 2 decades ago, (the place is still up and running) they asked me to sign an NDA after realizing I never signed one.
Which seemed reasonable, until I realized, I was an unpaid employee, in my free time. So, immediately quit and suddenly faced backlash from the fellow moderators in front of users.
Suffice to say, all mods who had alt accounts that they used to psychologically torture other board members. This site was owned my a major television broadcaster. My point is, don’t ever work a job someone should be getting paid for.
For 193 million I would also let people write ‘fuck u jeena’ for two months.
I think he is seriously devaluing someone giving those mods Reddit Gold
Clean up my comments, chat Janitors! - some guy who made me lmao on a pretty good mobile games chat
One thing I feel bears mentioning is that most of that is stock options, not salary. A lot of reporting has failed to say that and it makes it sound like it’s his annual take home.
Don’t get me wrong, he’s paid too much. But there’s a distinction still.
Iirc some moderators are actually paid, not by reddit though. Like Indie Stone, the maker of Project Zomboid, pay for moderation team on reddit. But that’s just a drop in the ocean.
Such a scam website - all the content is provided and moderated for free, the CEO steals anything resembling profit, the investors are all left with empty pockets. Fuck spez and anyone still using that site.
Yeah. And the crap floats to the top too. Places like the Donald and femaledatingstrategy persisted way too long
fds was such an incredibly hateful place, it really is crazy it wasn’t banned immediately like the other incel communities.
They don’t advocate violence and their mods cracked down on the TERFs.
It’s really not that hard to not get banned as a sub.
Not as bad as fatpeoplehate. That wasn’t even trying to be anything except hateful content.
And that stuck around too long too
They were fairly upfront about banning people who they suspected were male or who were in subs they didn’t approve of though. It was totally toxic and completely inappropriate.
The whole concept of inceldom is inherently hateful in my opinion. It is founded on the belief that anyone is owed sex and romantic partnerships, and that external circumstances are denying them their natural right to fuck. We are (generally speaking) wired to seek viable mates, with natural preferences for desirable traits. That not everyone is successful is just part of the selection process.
Essentially it is a whole ideology of denying responsibility for their own inadequacies and blaming them on the object of their desires.
