There was an interesting question early on in the internet of whether content would be aggregated by corporate entities or whether people would self-host and communicate peer-to-peer. The question has been answered - corporate entities (points at the Y logo at the top of the page) do a much better job of curating spaces. This has implications that a lot of content will be lost sooner or later, but at least the big repositories like Wikipedia make copying data out easy.
I don't even think communities retreating to Discord is a bad thing. The public internet is too small; we can't all fit in it. Private spaces might be a big net win. It'd be a win if someone figured out how to force OSS to win at the protocol level so interoperability is easier; that is a major Achilles heel in the whole setup right now. But that problem has never really been solved (unless you're the sort of person who doesn't understand why IRC got marginalised).