Same. My reddit consumption and engagement has dropped drastically when they fucked over their power users. I believe that has hurt them immeasurably but at the same time they're massive.
Anecdotally I was on a thread yesterday reading the comments and my god it's not disgusting but it's a weird uncanny valley. Methinks they have internally masked the impact by building out bots using LLMs.
I got 4 posts to a reply on my cake day. That to me is abnormal behaviour.
I saw a comment get a reply linking the exact same YouTube link not as a quote but in the reply with very generated language. That was then followed with very much "this is a reply my fellow good human" type replies.
I honestly think they're fucked. I think they're just hiding they're fucked.