Steve Huffman: "We're going to evolve Reddit to being a primarily logged-in experience [...] We’re making the change because it’s better for user experience" (lol)
Huffman should huff less glue, it seems. Unfortunately, ever since the largest Reddit mod strike in history and the infamous "fuck spez" r/place both failed to gain traction or enough of a media stink... he's gone Musk level megalomaniac.
Obligatory fuck u/spez.
While I can't rule out megalomania, I think it can be adequately explained as enshittification from corporate incentives. They corporation has trapped enough users/advertisers that now they want to put the squeeze on and extract some rents.