What made reddit so great is that it was an underfunded company. What will probably be its ruin is that it is now an overfunded company.
It should be run like a public service, for the benefit of society. It's now being run like a business with VCs that want to see a return. Exactly the problem that ruined Digg.
Trying to turn reddit into a big profitable business will corrupt it. Hopefully the replacement will be a more decentralized phenomenon. But even if not, it will be replaced by something better shortly after it becomes bad enough. What reddit was is too important to not exist.
It should be run like a public service, for the benefit of society. It's now being run like a business with VCs that want to see a return. Exactly the problem that ruined Digg.
Trying to turn reddit into a big profitable business will corrupt it. Hopefully the replacement will be a more decentralized phenomenon. But even if not, it will be replaced by something better shortly after it becomes bad enough. What reddit was is too important to not exist.