It’s a lot bigger now and therefore has the same problems any big online community has (bad signal to noise ratio). I think this is made worse through the upvote system, but that’s purely my anecdotal take. The niche communities continue to be pretty good. I use askliterarystudies pretty often and get high-quality info.
In my experience even the most niche online communities begin to seem “dumb” after you’ve spent significant time on them, as the once-novel information gets rehashed endlessly.