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Internet forums are disappearing because now everything is Reddit and Discord. And that's worrying.
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People are lazy. Getting people to sign up for a forum has a much MUCH higher inertia than just clicking join in a group on a platform they already have an account for.
People will subsequently evidently just "deal" with it's inadequacies.
Reddit has the same advantage, you have one account and subsequently have access to a billion and then some communities. Ditto for Discord versus self hosted solutions like Teamspeak.
Lemmy kind of adresses all of this, but actual forum software I think is still mostly the same as it was in the early to mid 2000's when I used it. It's demise is a shame but not a surprise.
The people who made phpBB didn't, so far as I know, have teams of behavioural psychologists gaming out how best to sell us ads and waste infinite amounts of our time.