That may be somewhat due to policy changes. Reddit did try to be more hands-off in the past. But perhaps a better example than reddit is the internet as a whol

That may be somewhat due to policy changes. Reddit did try to be more hands-off in the past. But perhaps a better example than reddit is the internet as a whole. ISP and hosters are dumb carriers and moderation is mostly left to the individual sites. Depending on your hoster it may take a court order for them to do anything at all. In other words we need more platforms that put themselves front and center, avoiding that also avoids the reputation problems with a hands-off approach.