This is apparently only for one particular kind of fast-growing coral, which means coral diversity is lower and that makes the reef more vulnerable to damage and less supportive of the wider ecosystem: https://www.abc.net.au/news/2022-08-04/great-barrier-reef-re...
Can we just have a moment of happiness? Of optimism?
If we have a oil palm monocultures, "technically" we have a forest. We have an area covered by trees, but this is not the same as having a mature rainforest, that play in a much upper level and a totally different league.
Acropora dominated reefs are the equivalent to really young forests composed mostly with 2m trees. Yes, a poor reef is better than nothing, but we must understand that they sustain a much lower Shannon index than a mature reef and that we should keep protecting it for a long, long time.