Is TikTok killing itself?

So apparently everyone has the problem of abnormally low views, even big creators. I myself am very frustrated as I as a somewhat "big" creator (70k followers) used to get 100k + views on my videos relatively consistently. Nowadays i am happy if a video hits 5k views lol💀 Now why is that? Isn't Tiktok living off of creators who put out content that is then distributed to many people? Because right now i am so frustrated an what i read on this subreddit tells me there are many other creators who are very annoyed with the current Situation. Why do they have to mess with the algorithm? Why is there no official information. Questions over questions but instead of answers, we just get frustration