Exactly. Reddit's hunt for profitability will destroy it, both in huge chunks like this 3PA exodus, and just slowly trickling away over time, as the platform gets worse and worse and moderation becomes worse and worse.
I'm not happy about it. There's a lot of places on reddit that are amazing for community support, especially in LGBTQ+ spaces. As a trans woman, I myself owe so much of who I am to queer-friendly subreddits and meme subreddits. Lemmy has some good LGBT support spaces, but not enough.
Reddit was a community-first place in the past. now its so far beyond that that it is barreling towards being just "an engine to get free user-generated content we can re-sell to large AI companies". they don't care about the actual communities as long as they're filled with content producers and consumers, regardless of quality.
I’ve been posting this to subs that haven’t blacked out: