The Karma system is significantly reducing Reddit's profitability from AI. A lot of users vote stuff down based on popularity. What Reddit wants is an army of autists responding to questions to train their AI on. Those people get spam downvoted for posting true information that is unpopular with groups for some reason.
I've heard from Michael Malice most are practically retarded and cannot formulate independent thoughts. Has he something to do with IQ. High IQ commenters and question answers generate better posts for autists to have direct questions to answer where they write down all of the numbers.
So, they need to figure out how to implement an algorithm styled after cameralism that is non-democratic in nature. The guy who told everyone to wash their hands before surgery was driven to insanity for suggesting such an absurd idea.
If you short Reddit over ten years, and do not spend shit for money in the those ten years you'll probably be right, like you would have been for AOL. Reddit can recover unlike AOL, by having AI up vote users based on on accuracy of information.
What they'd basically be doing is the largest shareholders will fire the moderators and replace them with AI that moderates based on objective knowledge of the subject matter. That'll shoot profit margins through the roof again. Like Amazon the price must hit 50 cents before going to $5,000 per share.
The founders will still have majority control, but I think you can get a large third party with enough votes to win if an insider defects to get paid better. It'll be like Peter Thiel forcing Elon out of PayPal through Machiavellianism political games. Thiel basically sent Elon to an important meeting, while holding a board meeting with enough votes to remove him from the company if he did not vote for himself. Either that happens or Reddit ceases to exist. So, it's a smart risk if you can afford the collateral.
I might not do this since I'm already shorting the banks to buy more Yen for when Yen goes to 80 to 120 so Japan can remilitarize to make China back down. The Japanese would just blow up the Three Gorges Dam, and kill everyone on the mainland, through famine, so they can claim it for themselves, like they have wanted for close to 3,000 years if China threatens them. Yen has to go up in price to make China demilitarize essentially. That's going to crash the bank stocks. So, a massive war does not destroy the economy and like 2 billion people over an island only China cares about. Might be bumpy. Japan has a history of assassinating BoJ presidents. So, you need a samurai family in charge of the BoJ since a good samurai embraces his execution if it benefits the Emperor. Remember the God Emperor of Warhammer 40k is based on Japanese culture. Never bet against Japan.
This'll crash Reddit.