Yeah does it seems like decentralized (federated or otherwise) systems will be the future of social media. There’s lemmy (only four years old, the most popular I’d say), bluesky (another federated system), and plebbit (peer to peer, uses ipfs) to highlight a few. So there seemsto be a lot of exploration in this space.

I think reddit will be around for quite some time, but it’ll never be the same, and die a slow death.