@geraineon thanks for linking the article! It's an interesting read, despite its inaccuracies lol.
I think the author is getting at something that feels real though, which is that light novels (CJK) feel fresh, entertaining, and expansive compared to western fiction right now.
I think they could have pushed this thinking a little further, since the popularity of Romantasy (booktok adjacent) and gamelit/progression fantasy like Dungeon Crawler Carl are meeting the same fundamental need or "reading pleasure" as this author calls it.
Royal Road/Kindle Unlimited is sort of functioning in the same manner as Korean free chapters/paid chapters model.