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That's like saying if you fire the manager of a store, that store closes down. It's not a realistic comparison, they simply get someone else to replace them who is willing to follow company policies. Reddit is firing moderators who do not comply with new policies, meaning, they'll be replaced with ones that do.
Jesus, people really are special these days. You think a site has to have a follow option to be social media?
What do you think the word social means, exactly?
Gee.... you're so close to understanding how capitalism works here.
The term "worth" is highly subjective. One of the few and most valuable things my father taught me is that something is only worth what someone is willing to pay for it.
You can get a price guide and tell me your baseball cards are worth x amount of dollars, but try taking them to a card shop and getting that price.
Much of what you're calling Twitter's "worth" is based on the market, which is a. subject to change, and b. highly swayed by public opinion.
In terms of logistics and profitability, if what Elon says is true (and I'm not saying it is), he made Twitter a lot more profitable by removing a lot of redundant staff.
This gives him two means to build the platform back up.
First, his own net worth affords him the ability to take a loss on certain projects to make up for, or even promote others.
Wal~Mart makes very little markup on their consumable goods, but it gets people in the store regularly where they charge you sometimes 200% markup on domestic goods.
Second, if Twitter is more profitable now, that means he can sustain it over the long haul and do damage control on their reputation.
You're seeing a push back now (finally) against certain types of behavior, but also there is a whole generation of children being raised a certain way. Things generally happen in cycles.
Elon is generally successful for doing two things... knowing when to take action, and generating his own hype.
You can yell whatever you want, that doesn't make it true. Twitter, or Reddit can ban you for whatever they want to.
You don't have a legal right to "Freedom of Speech" on a social media platform.
As much as you want to pretend your facebook friends are real, social media is a privately owned, private community where you have to be accepted as a member and subject to their rules.
Well, the old mods got kicked out for doing this exact thing on Steam that's now happening on Reddit. So, yes.
Their power is a privilege, not a right. A privilege they've wielded unfairly. For many years.
This has been a long time coming. The Reddit mods have no real power. And they are finally about to learn that.
Reddit mods have never been fair or reasonable. Even their identities were hidden to remove all accountability. They have benefited from undeserved power for far too long. I shed no tears for them.
Communism detected ! Tactical assessment : Red redditers victory ... IMPOSSIBLE !
https://www.youtube.com/watch?v=urnw1nvox8M
you can be pretty sure when something that claims to be a "public forum" is stealthily banning people without explanation that there's something not quite right going on.
Personal views and opinions should be left at home when you come to work. Maybe it's just me, but im over the last couple of years. im sensing that left wing views and people are slowly being silenced.
Sure its their platform Reddit or Steam or Twitter, but legally should it be private as you say going into the future?
Cause its highly inflammatory to ban people when they just trying to express their opinion.
And its not like you or anyone knows everybody on those platforms and thus exclusion is not straightforward. As its mainly public forum on that basis.
We dont know everyone here and its unrealistic to say we can, thats why its public. Though the private entity can deplatform the forum they are paying for at any time.
idk if anyone actually realises how many companies rely on platforms like reddit or twitch to be an integral part of their game (ex. fishing planet almost requiring twitch for drops and OSRS directly involving reddit in their development strategy).
not to mention people calling reddit "the front page of the internet" and almost anything you google leading to a reddit thread...
this is some massive social ****hole you've all dug.
- I'm fine with a no political subjects policy
- I'm fine with a "we-allow-all-opinions-if-it's-legal" policy
- I'm not fine at all with a "only-one-side-have-the-right-to-express-themselves-but-also-insult-threaten-harrass-without-any-punishment" policy
It's 1 or 0, either you allow all sides to speak, either you force them all to shut up, but allowing only one to speak is being a supporter of this side. The very mean of a private company is to make money, not to interfere with politics by favoring one side or another. So, either they start behaving better and stop their interferences or the problems they cause will be treated anyway, like the Twitter problem was.
And if you want an idea of how poorly the move went down, check this post (in Best comment mode) out. xD
https://old.reddit.com/r/Steam/comments/14bvwe1/rsteam_and_reddits_new_policies/