I agree with this statement and am disheartened that the solution for communities (in particular developer communities) that is now winning is Discord. This is however not a new problem. Both Slack and Twitter are also black holes of information by design. Lots of interesting conversation, but nearly impossible to discover externally.
I think community maintainers are choosing it because it has the best moderation tools and community management tools compared to the alternatives.
I think community maintainers are choosing it because it has the best moderation tools and community management tools compared to the alternatives.