this post was submitted on 16 Jun 2023
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This will end exactly the same way the Twitter -> Mastodon thing ended.
Reddit will continue. A slightly worse Reddit, with more bots, more low-effort content, and less quality OC.
Moderation will degrade slightly as the admins replace protesting moderators with more obedient ones, and/or communities lose interest and use the new "voting" (lol) systems to pick admins which will give them the reliable dopamine hits.
A small percentage of Redditors, especially the power users, will move on. A small percentage in Reddit terms is a tidal wave for any other platform. Some percentage of that number of Redditors leaving will come here.
Lemmy & Kbin will experience growing pains. Issues caused by scaling up infrastructure, instance to instance friction, etc. These will get resolved with time. When things settle, we will have a fraction of reddit's userbase, but neither will we need more. We'll have enough to have stable, engaging communities which will slowly grow.
In other words, a mirror reflection of the Mastodon story.
Twitter relies on celebrities, athletes, and journalists. All of them want to be where the eyeballs are so until Mastodon grows more, they'll stay on Twitter.
Lemmy just needs to continue to grow and improve. Maybe it never gets as big as reddit but the content has the potential to be just as good.
In the three or so days I've been using it it's expanded noticeably, and I'd say it's on the verge of being big enough already. Once it rounds that tipping point it has a decent chance of becoming sustainable on its own.
And Reddit will probably do something else before long to drive even more people away and hopefully the Fediverse will be better prepared and ready for the influx with a better user experience.