There seems to be a problem primarily on reddit. It’s antecdotal but, it seems good content gets buried. Pick a popular subreddit (say r/videos), and select “Top” posts for “All Time”. You will notice that a lot of that continent is newer and it appears that the quality is not the same. About a year ago, you could perform the same action and get the “oldie by goodie” type content. I think the methods we use to gauge content quality doesn’t scale when a site is overloaded with users. I haven’t yet seen it happen on HN, maybe because the quality of users is “better”.