The landed gentry are only in charge until the king comes to town and chops off a few heads. At least that seems to be the case at Reddit, where CEO Steve Huffman pretended his complaints about current moderators — who were protesting his decision to effectively cut off API access to tons of useful…
Different takes I’ve heard was the API was setup in such a way it was going to a massive legal liability in the near future especially for EU regions. They no longer have the know how to fix it and close the gaps, they needed a way to cut off the API. And since legal terms of how that API was setup they can’t simply turn it off, they instead resorted to unrealistic demands and costs on the third party to get everyone to stop using it so they can quietly turn it off.