A post from r/apple explaining why they were forced to reopen their subreddit after planning to close indefinitely.
Quotes from the r/apple announcement:
Reddit’s asshole CEO u/spez made it clear that Reddit was not backing down on their changes but assured users that apps or tools meant for accessibility will be unharmed along with most moderation tools and bots. While this was great to hear, it still wasn't enough. So along with hundreds of other subreddits including our friends over at r/iPhone, r/iOS, r/AppleWatch, and r/Jailbreak, we decided to stay private indefinitely until Reddit changed course by giving third-party apps a fair price for API access.
Now you must be wondering, “I’m seeing this post, does that mean they budged?” Unfortunately, the answer is no. You are seeing this post because Reddit has threatened to open subreddits regardless of mod action and replace entire teams that otherwise refuse. We want the best for this community and have no choice but to open it back up — or have it opened for us.
NOTE: The URL linked to this post is a web.archive.org archive linked to a Libreddit instance to prevent Reddit from taking down that post from the internet + prevent giving Reddit direct traffic. Other links linked here go straight to Libreddit urls or to news articles. No links here lead directly to Reddit.
Libreddit is a third-party web client hosted by third-party servers.
Link to full post
EDIT: fixed grammar.
This is what I said to another person:
It is similar to a coup but from the top, so it‘s more like "consolidating power" phase which dictatorships do go through. Dissenters get removed and replaced by willing servants until the platform is more spez and less "The People". Meanwhile he pretends like somehow the mods are the actual dictators or some shit to make all this palatable to those that still use Reddit, which in my cynical view they will eat up. Reddit is dead and done for anyone who values actual community over ads.
If reddit employees start engaging in actual content moderation, reddit will run up against the DMCA's safe harbor protections, which means reddit becomes responsible, as a company, for all the content on the site. Or, at least, in those subreddits.
Ain't no way the legal team is going to let an employee do the actual moderation work. But you're right, they'll find someone who will do it for the power.