I’ve been thinking about this a lot.
Every year for the last 12+ years there has been some alternative to Reddit. The code to the old version of Reddit is even open source.
The problem is most solutions want to go back to decentralized, which is problematic. I do think that the technical problem could be solved. Point and click solutions for installing open source software has been around forever (like cPanel and PHPBB) so I’m sure some value added cloud provider could do something similar (I think Digital Ocean already has this with their App Marketplace.)
For one, there’s no check on mods. So if someone spins up a Reddit specifically for [TOPIC] they’re the God of that server basically. Like old school IRC.
Second, there’s no built in user base. Third, any app would be subject to inconsistently applied restrictions on things like porn that Reddit gets a pass on because of its size.
I think a compelling alternative to Reddit would be a non venture capital backed company that is small headcount wise (think 50 people) and very straightforward about how it earns a profit, is sustainable, and focused on direct pay. No blockchain, no fediverse, etc…
That means no worrying about advertisers (or headcount associated with wooing them, managing them, etc…), creating a “subreddit” would cost a flat monthly fee and then being a user of the site might also incur a fee. Like $2 a month.
It’d preserve what I feel is the real value of Reddit which is smaller communities. And I would be willing to pay $2 a month knowing it’s helping sustain a platform I get value from.