I don't think so. Although many will remain with Reddit, there is no incentive or loyalty for a significant % to do so. If reddit is shit, why not just use FB, Twitter or regular message boards? Already I saw many subreddits have discords already.

The question for most of those users is there a lesser evil in choosing one bad company over another? Unfortunately I just see this community content becoming fragmented as a result and no winners emerging.

I like Lemmy / kbin but I am concerned that a dev could just shutdown their server and a community, accounts are gone. Who pays the server bills, and maintenance backups etc? This seems incredibly problematic.

Beyond that they need a strong mobile app and 3P devs, a tool to read a users reddit profile and subscribe to similar channels, one click registration without selecting a server. It would be good to also have a mechanism for showing cross-platform posted content in a single view.

If honestly feels like the 90s wild west Internet days again. No alternative I have seen so far can address these concerns.

I mean, since there's no central site to shut down, Lemmy failing would pretty much just mean that it stagnates and some of the bigger instances shut down, at which point there still would be some remnant of it left to stay on, if a smaller one. Failing that, it isn't the only reddit alternative that people have been working on, so maybe one of the others will be more successful.

Nah. If Lemmy/Fediverse doesn't work out, there will be others. This has all happened before..

Consider exploring other Fediverse platforms before heading back to Reddit.