I follow lots of cool stuff but also notice that none of that cool stuff gets any sort of interaction whatsoever. That’s because discoverability is shit. Search is broken. The only thing that gets any sort of attention is TRUSK BAD.
BSky has the right idea with user-configurable/sharable algorithms. So there are still algorithms, but you the user are entirely in control of them.
They’re effectively dead. I haven’t ever found a single instance that works for more than a few days in years, despite people constantly recommending them.