According to Google Trends, during the past few years, there has been nothing but a few minor bumps that faded away as quickly as they came. I love RSS because i do not have to scroll through dozens of different news sites all day and i would love it to return.
EDIT: Typical case of people only reading the headline. I was asking why people are hyped over something that did NOT happen.
There's still an algorithm and "like" system in that scenario: clicks. The news providers generate more content based on what was clicked most.
Some sites are more objective in what they report on, but there's still going to be biases in what you're fed.
In that regard, I'm not sure how different subscribing to certain communities is from subscribing to certain news outlets.