I’m also looking to migrate off reddit because of this. I have a couple sites for my hobbies I’ve already started to visit, but the big loss for me is the ability to find reliable information on niche topics — ie, what rain pants to buy for fishing, where in a city to get the best perogies, looking at how user opinions change over time on political topics etc. Also great are any of the discussions on movies or TV shows. I really see no alternative but reddit for these things. Does anyone have recommendations? Or do I still need to go to reddit for this.

I deleted my 8 year old account yesterday. I modded a few subs.

I don’t know if I’ll quit Reddit entirely, but I’m certainly done engaging at the level that I use to. I no longer trust how Reddit will decide to use my data or how they’ll pull the rug from me. They’re pre-IPO and already getting desperate. Shits going to hit the fan when they IPO and investors expect constant growth.

Reddit existed as an equivalent just slightly smaller alternative to Digg at the time. There is nothing like that for current Reddit.

Any thread about Google Search on here is filled with people saying they have to do "site:reddit.com" to get accurate results. I've never seen another site used in that example. I'd love to be proven wrong on this because it means there's some great internet resource I've been missing out on.

Mastodon petered out and Lemmy never gained traction in the first place

Sure it can, if you assume that Reddit doesn't actually care about keeping third party apps alive and just made up the 20 million dollar figure.