I’ve never been sentimental about a social media site but it’s sad for me to see reddit so clearly killing itself. Pushshift is already banned and Apollo is soon to follow. Reddit will either pivot fully to a mainstream audience or die out. It’s just sad for me to see it doing it to itself.
It’s a fair question, although people kept phpBB boards running for years as hobbyist projects with decent communities on them and moderators are usually volunteers. We don’t necessarily want tight-knit communities to scale to Reddit’s size anyway and the only thing that’s really changed other than Reddit eating the wind out of their sails for those types of self-hosted communities is that search engines are worthless spam-serving tools now so they’re less discoverable which the fediverse seems like a decent enough solution to.