"Literary magazines are failing because people have wild takes these days" sounds like a huge leap of logic and embodies the sort of irrelevant dismissiveness that HN commenters tend to have regarding non-technical topics.
As someone else pointed out below, speculative fiction magazines are doing just fine, and you'd be hard-pressed to find ideas that WOULDN'T be considered "wild" in the field of SciFi or Fantasy.
As someone else pointed out below, speculative fiction magazines are doing just fine, and you'd be hard-pressed to find ideas that WOULDN'T be considered "wild" in the field of SciFi or Fantasy.