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My prediction: Reddit is moving toward a YouTube-esque format.
They are going to monetize by allowing creators to make money from their content. This is why they're getting rid of awards. Of course, they'll take a cut which is probably why they're going toward this model.
They have also been moving toward more detailed, identifiable profiles as well.
They're trying to make the new social media.
This is the problem of starting internet businesses without monetisation planning. They start by doing whatever gains users, and then when they want to be profitable they must try to change whilst holding on to the users.
The exact opposite to how businesses ought to be grown.
So the entire tech industry
Much of it, not all.