Reddit typically bans unmoderated subreddits. For any larger ones that would impact revenue, they'll just push in new mods.
this post was submitted on 15 Jun 2023
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the thing that did happen with digg that didn't happen with heaps of other websites was a negatively received UI change. people hated it.
now, people deliberately don't use the reddit mobile app because it fucking sucks, and closing down the alternatives is a negative UI change ...
The average user won't know what's happening, they'll just think "Wow, what's with all this spam, mods need to do their jobs."
What needs to happen is people migrate from Reddit to alternatives like Lemmy, or at the very least, the Reddit admins think enough people are going to leave Reddit. Filling your sub with spam won't make people switch to Lemmy, they'll just go to one of the remaining subs that's still being moderated.