Reddit keeps moving the goalposts, the mods adapt, Reddit comes back with "No, wait, not like that!!" and the mods adapt again.... this cycle moves Reddit more and more towards a dictatorship and completely at odds with their own Content Policy:
The culture of each community is shaped explicitly, by the community rules enforced by moderators, and implicitly, by the upvotes, downvotes, and discussions of its community members.
People are already in open revolt. It's only a matter of time before a huge swath of the decent mods that genuinely care about their communities will be left with no choice but to throw in the towel completely. And Reddit will be left with a bunch of scabs, egotistical mods and bad actors/bots to take over modding (or no mods at all)... and Reddit's journey towards enshittification will be complete.