Probably what'll happen is lemmy.world will become the new reddit and we'll all have to decide if we want to stay federated with them.
I welcome the schism if it ever occurs. I think it would be really interesting to see how a fully "scaled up" but non-corporate social media handles a challenge like that.
Even if we have almost exactly all the same problems reddit has, but without being a monolithic corporate platform, I think it would be an improvement.