Reddit was once a community, but now it's an attempt to monetize its users - nothing more, nothing less. It's clearly already dying to anybody that isn't inside the echo chamber. It moved away from value creation years ago and is clearly in the death grip of value extraction.
I suspect it actually has a lot to do with their latest investment round 5 years ago, but this is purely speculation on my part.
https://venturebeat.com/2014/09/30/y-combinator-backers-upvo...