There was a brief period where the internet was shockingly stable. However, 'creative destruction' and churn is inevitable as the whole world continues to desire a better internet. If reddit cannot productively use this to come out with a better product and commitment to its community, hence destroy the bad within itself, it
should fall apart in favor of new services.
I spent a decade+ actively on reddit, and I truly loved its hobby & local communities during that time. I deleted my account last week; I don't believe they'll change. Life is too short to spend it on things you don't love anymore.