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HawlSera ,

Somehow I misread “Not Paying Mods” as “Beating His Wife”

iamanoldguy ,

Fuck Spez. I left Reddit and I’m here now and happier for it.

filister ,

Just take some popcorn and watch their IPO crash spectacularly.

I wonder if people in r/wallstteetbets don’t decide to short it out, but on the other hand, U/spez will do all in its power to block people calling for it.

CileTheSane ,
@CileTheSane@lemmy.ca avatar

The entire thing could burn to the ground tomorrow, he’ll still have the $190 million.

robocall ,
@robocall@lemmy.world avatar

I’ll never have $190 million. Even all the money I ever earn will never equate to that!

lvxferre ,
@lvxferre@mander.xyz avatar

I don’t think that he’d have the $190 millions because he paid himself a fair bit in stocks, that would crash alongside the others.

PoliticalAgitator ,

The best thing about his deeply fuckheaded comments is that it’s a perfect example of the sick way the ultra wealthy operate, presented in a way reddit users can absolutely understand.

The act of building early reddit was a group effort. I have no idea how much Spez contributed to the concept, but he did code it – a task that realistically millions of people also would have been able to do.

But a platform without users is nothing. It was the users creating content that truly built reddit and the unpaid moderators who stopped it collapsing under the weight of spam and extremism.

While that was happening, spez shit the bed over and over again. He sold out too early. He openly advocated platforming extremists. He got called out for the bigotry he tolerated in his company. He alienated his most important users so he could sell their content to AI companies.

And now here we are. He makes an absurd amount of money, despite being shit at his job, despite being a clearly bad person and despite his accomplishments being ordinary. Meanwhile, the people he needs, who are critical to his business, are paid nothing.

This is the same setup as Amazon, Walmart, Uber and a million other businesses, distilled down to its very essence.

JeeBaiChow ,

Unfortunately, the fact that they understand it doesn’t mean they will do anything about it.

db2 ,

I left and took my data with me. 🤷

devfuuu ,

Dozens of us out there!

CileTheSane ,
@CileTheSane@lemmy.ca avatar

Baker’s Dozens!

rab ,
@rab@lemmy.ca avatar

You can’t really delete anything from reddit, there’s an archive of everything

aniki ,

Get banned

bitchkat ,

You can always post the video of my custom chargeport cover. That earned me a couple of bans - www.youtube.com/watch?v=7fXJCXQJzj0

aniki ,

That’s incredible. I am inspired.

rab ,
@rab@lemmy.ca avatar

Everything is backed up it doesn’t matter

aniki ,

Massive backups are both costly to maintain and also costly to run in general. I work on an enterprise system with hundreds of machines and we have a whole separate DR environment that does nothing but backups for hundreds of thousands of dollars a month.

rab ,
@rab@lemmy.ca avatar

I am a datacenter admin as well.

Believe me reddit is backing up everything as they always intended to sell everyone’s data.

bitchkat ,

I Redacted my data and that earned me a few more bans from salty mods.

db2 ,

I’d bet you were subscribed to more than a couple toxic subs then because that didn’t happen to me at all.

sailingbythelee ,

That was a very well-crafted and insightful comment, especially that last paragraph.

trustnoone ,

he sold out too early

I’m actually kind of interested in this point. Going public for many people is about the growth in the company. No one wants to put money in apple because its stocks are expensive. Its because they forsee it going up.

But i thibk youre right he sold out too early. Peope are willing to invest because of the potential outcome of selling api data to ai companies. People are interested to hear the potential financial increase of api prices making more profit. People may be interested of the potential change of nfts or whatever to drive more money.

But all of that has already happened, hes sold out all those items before the ipo. So i feel like a lot of people are like “what growth left is there?” And infact “is that growth negative going forward as users turn away or are hungry to jump ship if possible”

Who knows though what will happen, maybe im entirely wrong.

PoliticalAgitator ,

He actually sold out early in a much more obvious, objective way.

Huffman and Ohanian sold Reddit to Condé Nast on October 31, 2006, for a reported $10 million to $20 million. Huffman remained with Reddit until 2009, when he left his role as acting CEO.

That’s a tiny fraction of his current compensation. He then spent a while backpacking around and started a mediocre company that’s since closed down.

He is neither a shrewd businessman, coding god, nor visionary genius. He’s just some guy that was in the right place at the right time.

The same is true of practically every executive pocketing grotesque compensation, with the only difference being “the right place at the right time” is more often “in a rich woman’s womb” or “at an extremely expensive school”.

He isn’t being paid $200 million a year for his talent. He’s being paid $200 million a year because instead of paying staff better wages, or not enshittifying the site, or paying moderators and content creators, he simply pocketed that money for himself.

It’s what this neoliberal utopia always is. Executives stealing workers wealth and claiming they earned it for stealing so much wealth.

Son_of_dad ,

Billionaires don’t earn their money. Nobody can earn that much because nobody is that valuable. The ultra wealthy only exist, because they stole from the people below them on the ladder. They stole their wages, benefits, pensions, unions, and pocketed the money. If you’re ultra rich, you did it by fucking over the people below you.

Plopp ,

And it’s time we fuck them right back.

pigup , (edited )

If we could, we would have already. We can’t really, and he is in a position to be as greedy as he can possibly imagine. $193M is in his pocket right? We all mad but who is gonna take it away? Appeals to decency are cute but a waste of time. He put himself in a position where he can sell things that he didn’t make nor that belong to him and it’s all legal and that’s reality.

Plopp ,

Of course we could. We just don’t think it’s worth it because we’re not starving to death at large. We’re in the comfort zone still where it’s better to sit down and be mostly obedient.

John_McMurray ,

oh god the 2nd graders are readin marx agin

danc4498 ,

I don’t understand why the mods continue to work. They literally keep the site alive so this guy can take all the credit and all the compensations.

Vipsu ,
@Vipsu@lemmy.world avatar

Being able to contribute to a community can feel very rewarding even when you get little to no compensation for it. Many open source contributors know it all too well that their contributions can and will be used by big tech to make even more money.

PoliticalAgitator ,

Plenty of them didn’t, so reddit replaced them with scabs.

Thwompthwomp ,

Similarly, in the midst of historic layoffs in the tech industry, no one blames the CEO for horrible management leading to the over hiring or bad management that led to this. O one blames Zuckerberg for renaming his company and betting an an absurdity that is already being scraped off of PR releases. All because some growth number goes up. It’s insanity.

PoliticalAgitator ,

Employee wages are often the largest expense for a business and they’re always trying to have fewer employees, squeezed harder for more work and less pay.

It really undermines their whole “oh they’re just unskilled labor and drones, they don’t deserve a living wage” rhetoric. If Amazon didn’t need warehouse workers and delivery drivers, they wouldn’t have them. They could be working for $1 a day and they’d still be fired the instant that role was no longer needed.

They get away with it because they just need somebody doing the work and there’s no shortage of desperate, exploited people. Unions and collective bargining definitely help but ultimately the government needs to advocate for workers and simply say things like “If you use slaves at any step in your supply chain, you and everyone you report to is going to jail and your assets will be stripped to cover the pay you owe them”.

It’s such a low fucking bar. Almost every law we have boils down to “don’t be a piece of shit” but we don’t make them for rich people or use them to cover foreign workers.

Zuberi ,
@Zuberi@lemmy.dbzer0.com avatar

Short and distort boys

PoliticallyIncorrect ,

He will continue unless he ran out of free labour force.

MisterMoo ,

“It’s my money and I want it now!”

casmael ,

Lmao look at his big stupid mouth what’s the meme he looks like now it escapes me

dutchkimble ,

It’s the greedy pig one

joenforcer ,

Greedy little pig boy

casmael ,

https://lemm.ee/pictrs/image/3b446167-2c2a-4a46-a04b-983dad4653c5.webp

it’s this. This is what it reminds me of.

KingThrillgore ,
@KingThrillgore@lemmy.ml avatar

At the end of the day, the reddit mods had all the opportunities to once again, protest their working conditions and leave reddit today. But I see no evidence that an organized effort took place.

It’s unfair, and spez isn’t thinking any further than the moment he can sell his comp and move on. But they have all the stakes in this matter and nothing is happening. I know there are efforts on reddit’s part to squelch the moderators, but at some point they have to make clear this isn’t going to work the way it is.

spiderman ,

But I see no evidence that an organized effort took place.

Reddit blackout protest clearly made us understand that if we do any sort of resistance against them they don’t think twice replacing the current mods with new ones even if that can affect the subreddit. At this point, they see Reddit as a cash cow and not a people’s forum. If they didn’t, we wouldn’t be speaking here in lemmy.

100_kg_90_de_belin ,

That’s the same problem that workers in Victorian factories faced. We can call them “scabs”, but they’re people who aren’t conscious about their role in an economic scenario or they simply side with the employer out of habit, conditioning or alleged self-interest.

spiderman ,

idt they are similar. idt mods should be paid. bringing monetary benefits might be nice but i think it will turn moderating as a means of income. people moderate subreddits out of their passion or that subreddit theme might be their hobby and making it monetary will be a disaster.

FlyingSquid ,
@FlyingSquid@lemmy.world avatar

but i think it will turn moderating as a means of income

Only if they are paid enough to make it an income.

If they are paid, for example, an annual stipend which reflects their work but isn’t enough to make it a daily job, that would be a huge step in the right direction. You could even make it depend on the size of the subreddit since bigger ones take a lot more work than smaller ones… but never enough to actually live on.

I think a lot of moderators would be very happy to get a couple of thousand dollars a year for their work.

cm0002 ,

Spez could have swallowed his pride and like gig-economified (If that’s not a word yet, I stake my claim lmao) mods, could have probably gotten away with paying pennies on the dollar with the right scheme (ala Amazon turk). I could see the headlines now “Reddit making waves PAYING moderators”, “Make 500 bajilion Dollars JUST moderating for Reddit!” and people would have flocked to it lolol

AlligatorBlizzard ,

The problem is that allowing mod discretion allows for marginalized people to participate in their own communities, and gig economy workers are, at best, only going to remove the most egregious harassment (I used to do something similar for another big social media site, it was an eye opening and horrifying experience - and I didn’t even see the “call the cops” level shit).

I think you’re right that the tech bros would love that move, though.

snownyte ,
@snownyte@kbin.social avatar

Instead of focusing on its users and the value of self-governance by volunteers, Reddit has agreed to hand over content they've generated to Google to train its AI models, in efforts that are now being investigated by the Federal Trade Commission.

Reddit users should now stop questioning themselves about who's more important than whom.

It's anybody's guess as to where Reddit's IPO will go. Its opening price at $34 a share is the top of the anticipated range, indicating that investors are excited. Following its debut, Reddit shares jumped as much as 70 percent, confirming this suspicion.

I must've not really looked, but this is quite the confirmation that Reddit finally pulled the trigger. The enshittification is due to come but we'll see it in time if it isn't here yet.

Reddit is dead. But is it truly spez's fault entirely? I reckon to margin that he is 90% of Reddit's problems. The other 10 is the users, because as we know, they complain more than do more.

Copernican ,

So what stops my lemmy content from being used by Google to train ai?

cryptix ,

SurprisedPikachuFace.jpeg

dhcmrlchtdj__ ,
@dhcmrlchtdj__@lemmy.world avatar

backpfeifengesicht

casmael ,

Bless you x

essteeyou ,

Gesundheit

lvxferre ,
@lvxferre@mander.xyz avatar

And today, I’ve learned that this is Greedy Pigboy’s song.

modifier ,

Honestly, you can barely see the gentle glow of the flames from way up here.

I do not miss reddit.

inkican ,

"The intent is to provide mods with a sense of pride and accomplishment for unlocking different mod capabilities."

casmael ,

‘The intent is to scam our user base into providing content to feed [ai of the week]’

lvxferre ,
@lvxferre@mander.xyz avatar

Quick, Electronic ConArts! Hire the greedy pigboy into your ranks!

KickassWomen ,

deleted_by_author

    •
    matengor ,
    @matengor@lemmy.ml avatar

    Ha! F Spez.

    MaggiWuerze ,

    Nice detail

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