Reddit also gets a little bit worse every spike, too. There are few mods remaining on Reddit who are doing anything more interesting for their communities than basic spam removal. Automod does all the work when all the largest subs just repost the same content and fake stories anyway.

It's not like going to implode or anything anytime soon but the quality (from my perspective at least) has totally flatlined since June because why would anyone in their right mind invest creative energy into cultivating a unique community? I think that eventually a Lemmy community will pop up that simply couldn't exist on Reddit and will serve to illustrate why I believe this model is better.