It’s not the end of the world, it’s the end of the world as we know it.
Reddit is becoming a harsher place for the kind of community-driven, higher investment content that made it what it is today (which is less profitable) and a better place for mindless scrolling and sleazy engagement-baiting mostly fed by automatic content aggregators (which is more profitable).
Plenty of communities will remain due to inertia: switching platforms is hard. As far as I’m concerned, I will keep using reddit for two reasons: and to check in on a few communities that I am actually engaged in.