I read it! And I agree. Reddit isn't going to collapse. It's going to turn into something else that most of those of us here don't want to participate in, probably lose a decent amount of credibility (and users), but march on kind of the way Twitter has (I don't participate there anymore, either). We are free to leave (so we are) and other users who just "want their content" are free to stay (so they are). "Enshittification" is exactly the right term, though.
edit: inserted a missed word.