It was fun for a while, but like any joke on Reddit, it's also been run into the ground to the point of obnoxiousness, and you kind of see users becoming tired of it in responses to protest updates.
Which I don't really blame them for. From a user standpoint, it does seem a little like a moderator/admin spat that they're just caught in the crossfire of. They're used to their cozy little community, and don't have much of a desire to leave it, or see it shut down. In fairness, there aren't very many good alternatives, either. Kbin and Lemmy are nice and all, but they both much younger, and much more limited compared to Reddit, in addition to having problems like some instances (like Lemmy.ml, or Kbin.Social) crashing under the load of new users, whilst also being less intuitive to begin with, if you're coming from Reddit.
As an alternative, I'm a bit more partial to the /r/politicalhumor method of just giving everyone moderator permissions instead. That way, nothing really changes if the users don't want it to, and it's effectively unmoderated without having to deal with potentially unsavoury content, or making as big of a mess of the sub.
From a Reddit perspective, changing things to John Oliver would get his attention, but at the end of the day, that's still more content for the site itself. Reddit Inc isn't going to care too much about what the content is, as long as they can spin it as "more content", and still put advertising revenue on it.