As some subreddits continue blackouts to protest Reddit’s plans to charge high prices for its API, Reddit has informed the moderators of those subreddits that it has plans to replace resistant moderation teams to keep spaces “open and accessible to users.”
Edit, there seems to be conflicting reporting on this issue:
While the company does “respect the community’s right to protest” and pledges that it won’t force communities to reopen, Reddit also suggests there’s no need for that.
Source: https://www.theverge.com/2023/6/15/23762501/reddit-ceo-steve-huffman-interview-protests-blackout
He has not lost touch, he doesn’t care. He’s bought and paid for. If shit does go south, he’s the fall guy.
And he will leave with a huge payout so he is set either way.