It's become almost unreadable... is this by design? Maybe? Probably?
Almost every title is clickbait. For the most part it's screenshots from some social media site that appear profound but is so vague as to be meaningless. A LOT of contrived content. Currently the top post with 5000 upvote is a post about old people being in positions of power, but in the workplace that's usually not the case because they are senile. This isn't even a conspiracy.
Furthermore it's almost all image posts, again with the aforementioned and no actual content. The submissions statement, allegedly to alleviate the stupidity, plays no role in the upvote/downvote system, because it's often buried deep in the comments (as it's not stickied to the top of the comments). Furthermore, there seem to be no standards for the submission statement.
Furthermore, it's become a sort of reddit refuge for any "edgy" politics, usually right-wing. This is fine if it actually relates to a conspiracy, but a lot of it is just politics, political commentary, or social commentary. Moderation seems nonexistant despite 13 users being listed under mods, most of which are quite active.
A niche subject, hobby, or hangout is more focused. The more that it goes mainstream, the more diluted it becomes. Where once the group could discuss and explore their niche at length, and in deep compexity, it now devolves toward the lowest common denominator. A niche can gain wider appeal, but almost always at the cost of its focus, and abandoning the people that gave rise to the niche group in the first place. This can happen in real life or online. Dilution online is easier, quicker, and worse. If this happens to a niche on social media, it's why the lowest effort posts with the most shallow ideas, that can be quickly read, rise to the top. The posts which used to be the staple of conversation, the more lengthy and complex ones, get drowned out. This has been happening with all social media sites and forums. The greater number of people, the more diluted, braindead, and worthless it becomes to the people actually interested in the subject. It's why social media can be populated with intelligent people, but the highest upvoted posts are always dumber on average. Time is always a factor. Its easier to read short and shallow than long and complex. Social media caters to, and conditions people with short and shallow.
On top of this, Reddit has been censoring right leaning forums and users for a while now. R/conspiracy is one of the few places left they can voice their opinions, so it's turned into a catchall dumping ground for Reddit refugees that refuse to leave. However, r/conspiracy has also been shilled by leftists for a while now. It started slowly in 2016, and has gotten progressively worse since then. The last factor is that there are verboten subjects that even r/conspiracy can't mention without getting banned, and at least a few of the mods are probably in on it.
Combine all of these factors together and you get the current r/conspiracy forum. It's populated with right leaning people posting facebook tier memes and twitter screenshots (or by leftist shills forum sliding), catering to the lowest common denominator, and the comments are overrun with the lefty shills that actively argue against conspiracies and defend the mainstream narratives.
I've noticed this same trend occurring at The_Donald (patriots.win) since the 2020 election. Facebook tier memes and twitter screenshots are the norm now. Considering that forum used to be one of the best collections of relevant news, discussion, organization, and talk of verboten topics on the internet, it's sad how far its fallen. The irony is that the forum used to be bigger. It's dropped in quality while also losing users. I'm pretty sure it's because the staple userbase that made it great, were so pissed at the 2020 election that they wanted to do something about it, and the mods prevented them from talking about the solutions. So, the best people were either banned or pushed out, leaving mostly the normie tier right wingers that are woefully inadequate to discussing or solving current political issues.