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Dead? Maybe not. Dead inside? Definitely.
Kinda feel post API killing, frontpage post comments have jumped dramatically.
Unfortunately, it's extremely bot-like. Like AI talking to AI and chains and chains of memes/jokes. No real discussion.
Repost bots (and repost top comment bots) are pretty rampant. A lot of subs have changed pretty significantly because their entire mod team left. In general I get the sense it's a lot more people now who consider reddit "social media" compared to before. Site isn't dead for sure but it's gone down in quality significantly.
Unfortunately I think this is exactly what Reddit wants. They want to be social media like Instagram or TikTok style. A lot more ad money from that crowd.
I know Reddit (and Lemmy) was always technically social media but I consider it more like Internet forums than the Facebook/Insta/TikTok style social media.