I don't think that's true at all. Users can certainly create new subreddits, but new, compelling subreddits usually require... committed mods. Where are they go

I don't think that's true at all. Users can certainly create new subreddits, but new, compelling subreddits usually require... committed mods. Where are they going to come from, and why wouldn't they also care about these changes that make modding much worse? It's essentially an empty threat.