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.
I’ll admit, I didn’t have faith that he could, but he actually came up with a worse idea
I don’t even think it’s an original idea, I’m sure there’s mods in brand subs (video games, for example) who are employees for the company which owns the product. He’s just making it official and I bet he’s gonna ask for a pretty penny for it.