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“Reddit cannot survive without its moderators. It cannot.” - The Verge
(www.theverge.com)
This is a most excellent place for technology news and articles.
The comment is from last September, completely unrelated to what's happening now on the platform.
Did the core business model change since last Septmeber?
The quote is absolutely relevant to what is happening now though, it just doesn't jive with their current PR line.