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How reddit crushed the biggest protest in its history: Did it, though?
(www.theverge.com)
This is a most excellent place for technology news and articles.
On some of the subs that I still frequent, the content has swiftly deteriorated, and it's not just due to the still on-going protests anymore. I'm subscribed to something like 50 subs or so, and it's always a handful of these that show up on my subscribed feed. If I want to find the other subs (some of which I don't fully recall why I subbed to them) I have to browse down past a lot of crap content, or look at my list and click them individually. In short, the experience has been awful, not to mention that I no longer browse it on my phone when bored.
Reddit is still there as a resource, mostly for Google searches that take me there, but otherwise it feels "dead" to me, in ruins. It will not go away, like you said, it'll definitely stick around but I think people will gradually move away to other platforms and its content will evolve to something that won't be relevant to us one day.
My personal predictions:
Reddit will continue to exist, but become an increasingly zombified dumping ground for screenshots from other platforms, videos of people being injured/humiliated in public, and lowest-common-denominator "discussion" of culture war topics. It may also to continue supporting small niche communities like r/HVACadvice where you can get a quick answer about something specific from a domain expert, but will largely just become a firehose of diarrhea.
Large Lemmy instances like lemmy.world will pick up the slack for the mostly good-natured people turned off by the advertising and shitshow at reddit and other corpo social medias. It'll be better than current reddit, but increasingly enlightenened centrist, and importing braindead redditisms (shit like "and my axe" etc.)
Smaller Lemmy instances that care more about the kindness and quality of discussion will pour more grassroots efforts into strict moderation, and defederating from mainstream instances. They will tradeoff a wider userbase for a more kind and nurturing atmosphere.