Very well said. This will eventually blow over, but for a lot of moderators and well known submitters, it’s already too late. This will cause a death spiral where the quality of posts and moderation is way less because of said users leaving, causing more people to leave and there’s less total users/income, causing them to make more decisions designed to placate VCs/investors (killing old Reddit/nsfw), causing more people to leave, etc.
Yeah, Reddit has 0 interest in being Reddit anymore. They want to be tiktok/Instagram (that’s why the video player is fucking trash, they want it to look like tiktok). The thing I don’t understand is those apps are already much larger than Reddit, why would people from those apps ever come to Reddit? And why would you just completely abandon your loyal userbase?