The key to make Reddit still an amazing resource is finding niche subreddits that fit your interests. The very broad subreddits like funny, news, pics, politics (where this is likely from), etc. etc. are all just full of spam, and trash like this. They have been for YEARS now. However, say you dive into a subreddit for a specific video game you like, it's going to be full of relevant content with very little spam. Or if anything, the type of spam is just reposting content which still may even be new for you. Reddit is not dying, just the giant stadium size subreddits are trash. I visit video game subreddits for games I actively play almost daily and they are all incredibly useful and interesting.