When MO was the only version of frumkeit that embraced higher education and a Baal Bayit lifestyle, many frum Jews would have no choice but to camp out beneath their tents. But now that such a large percentage of the haredi yeshivish world also embraces some from of higher education and a majority of “black hat” boys end up in the business world, MO has less to offer.
Additionally, the quality and capability of the MO/YI rabbonim is on a steep decline, in my view. With few exceptions, the Rabbi Yudins and Rabbi Schonfelds and Rabbi Lerners are being replaced by rabbis who are more akin to kiruv rabbis or political talking heads than poskim and talmidei chachomim. There is a serious religious leadership problem, which trickles down.