If anything the real losers are the people like you and me who frequent the site but didn't take advantage of the opportunity that it provides.
They don't, it's all temporary. Other communities and companies are being created to circumvent this.
What am I exactly losing out on by not visiting?
What opportunities do reddit provide for me in comparison of me going swimming tonight?
What are the benefits of an hour worth of scrolling, exhausting myself mentally reading people's comments?
You could be reading about interesting places near you where to go swimming. About swimming techniques. Cool adventure stories related to swimming. Etc.
There are plenty of useful posts and comments. They are also hidden in a sea of shit, just like the rest of the web.
Sure, but such information I could look up the same from some swimming book at the library and find it quicker. The time required to discover those comments are not of worth when I just want to go swimming, I don't swim for anything other than leisure and just paddling about.
one good examples are city subreddits. they are almost always toxic and negative. lately they cleaned it up but I remember subreddits like r/vancouver were a cesspool of angry white locals who were convinced the CCP laundering money was why they couldn't afford homes
Those people used to be social shunned and live on the edge of town but now their voice gets amplified 1000x because they are willing to live online 24/7 and take control of discourse.