I think he was blinded by the thought of money. When the media reported that ChatGPT trained it’s models using Reddit comments, he flipped out and rushed to slam the gates shut immediately, while telling investors he had potentially billions of dollars worth of data to sell. When he found out that Apollo app and others sell subscriptions, it’s clear from his comments that he got angry and called them all parasites. He wants to be the gatekeeper of Reddit and become a billionaire with it, but his actions fundamentally misunderstand Reddit and will trigger a mass exodus. The content creators are leaving, and while Reddit will still get traffic the content will become stale and it will be another 9gag.