Main points: He plans to make moderators popularly elected to more easily vote them out.
Hopes the next frontier will be subreddits as businesses.
He does not want Reddit employees to take on the work. Moderator hours were valued at 3.2 million last year, 3% of reddit’s revenue.
He can stuff the votes with bots and get what he wants. Don’t think for a second that he’ll let people like you and I succeed at voting out mods who are on his side.