The last major holdouts in the protest against Reddit’s API pricing relented, abandoning the so-called “John Oliver rules” which only allowed posts featuring the TV host. It's the official end of the battle. The Reddit protest is over, and Reddit won.
It won’t die. It will just hollow out. Same as Digg. Same as Facebook, Twitter, and every other shitty part of the internet. The power users are what make the internet the magical place it is. Without those people, the sites will still work… but they won’t be as great as they were before their respective turning points. It’s a cycle it seems.