I know they claim to care about the bot problem, but they appear at absolute best incredibly complacent about it, if not complicit. All those OnlyFans spammers, AI spam bots, etc. are engagement. They are ruining the platform for people, but engagement figures don’t distinguish between fake engagement and real people. The outcome of their current behaviour is for engagement to steadily rise while the value to real people steadily falls. It’s like they want to be the poster child for Dead Internet Theory.
I'd also be really surprised if there wasn't coordination with Reddit employees/execs themselves for big advertisers.
https://www.businessinsider.com/reddit-ceo-platform-most-hum...