Maybe. It's hard to get back to business as usual when your usual client just stops working. We'll see how people adapt. I'm not sure I want to install the official reddit app.
Switching apps may as well switch sites too.. I've already got Jerboa installed, trying to see if content picks up there enough for it to remain interesting. Definitely some growing pains right now.
You probably don't as most requests that app makes, are tracking requests. And they clutter the app so much, it's basically unusable with all the ads and broken video players.
I think a better question is what's Reddit's endgame? Mods of huge subreddits will just capitulate and use Reddit's crappy tools to do their unpaid work? Somehow those subreddits won't be flooded with spam and trolls? People will stick around to look at ads when every other post on /r/awwww is gore because the mods won't be able to keep up? Everyone will just download the complete shit that is the official Reddit app?
Reddit's value lies in what its users provide and post about. This also goes for that data that Reddit (publicly) wants to protect from AI companies. With their change, not only do they screw over its users and communities, but also mess up any valuable future conversation data.
/u/spez mentioned in the shitshow that was his AMA, that there would be moderation tools provided by Reddit, but nothing in that direction has ever been shown.
So yes, maybe until the end of June it will be as usual, but afterward many parts of the platform will be unusable with the amount of spam and missing moderation.