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While this post was appropriately flagged for violating the guidelines, many other ideological posts that go against those guidelines remain unflagged. Since moderation is part of their service, I think it still aligns with the definition. However, you are also correct. I didn't mean it strictly in the exact sense but was also referring to a general decline, regardless of their business model.

Yes OP is misusing the term. Redditification maybe?

I'm not sure the right term isn't just "becoming popular".

More people almost always results in more discussions of things that don't interest me, and almost always results in discussions where it's clear some participants have a much more shallow understanding and experience in the topics I am interested in.

Maybe that's just me getting old though?

Nope, sorry, that isn't how language works. It now means "anything anyone believes is turning into shit for any reason." And there's nothing anyone can do about that.