Yes, but it's become shorthand for something a lot more sinister than that. It started as the "manosphere" realizing the "reality" of how evil that feminism was during gamergate. Now it includes embracing a right-leaning spectrum from men's rights advocates to nazis.
Here's the ADL guide to pills on the internet [adl.org]
Here's the ADL guide to pills on the internet [adl.org]
For many, the red pill is just the first step in a longer journey. Being “redpilled” means shifting away from one set of beliefs to another set of (antithetical) beliefs. This can be as basic as a Democrat becoming a Republican, or as radical as someone coming to believe that Jews control the world or that feminism is destroying the West.
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In extremist terms, being redpilled means you have bought into at least one of the anti-Semitic, racist and conspiratorial tropes of the far-right movement. For many, it is the first tentative step down the rabbit hole toward radicalization.
In MRA (Men’s Rights Activists) and incel circles, the red pill is extremely specific and serves as an introduction to a particularly dystopian and misogynistic world view.