This is a prime example of why capitalism is good. If Reddit was state owned or equivalent with regulatory capture, then nothing could be done about it. Doesn’t matter how bad it is. Like the DMV.
Now since Reddit is determined to shoot itself in the foot, new competitors can rise up and replace them. Reddit did the same to its predecessors.
Capitalism punishes harshly companies that decide to be stupid.
Now since Reddit is determined to shoot itself in the foot, new competitors can rise up and replace them. Reddit did the same to its predecessors.
Capitalism punishes harshly companies that decide to be stupid.