Short answer : Yes. Long Answer : Yeeeeeeeeeeeeeeeeessssssssssssssssssssssss!

They have cut off 3rd party API's and now forcing accounts on old.reddit. It is only a matter of time until they make accounts mandatory to view in the same way every other social media service does.

They are the same as every other social media company but have had a much longer runway of good will that has carried them for a while. Alas, I think that runway is almost gone.