I have a feeling like he is being squeezed by the investors. It feels like they want a tiktok/Instagram clone and he is the one that has to tell the Reddit community.
I don’t think this was his vision for the site or he would have done it years ago.
Like it doesn’t make it less shitty but more understandable I guess?
But if the 3rd party mod tools no longer work then the site will be swallowed by spam and bots. Then there will be no reason for anyone to visit.