this post was submitted on 23 Jun 2023
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The reality for those that have been through the collapse of Digg and now Reddit due to centralized corporate greed: “WE WONT GET FOOLED AGAIN!”
Decentralized and federated is the future. Hopefully it will be a healthier version of social media.
For-profit is not the future. Commercial platforms aren't the future. Advertising-funded services are all doomed to fail eventually Enshitification is inevitable when the fundamental purpose of the site is commerce.
At least as it is now, fediverse is all cooperative and user-funded. That will be what protects it from going down the same road. Whether it can permanently survive that way I do not know. As soon as any major instance turns to advertising to pay the bills, the entire space is in deep and terrible danger.
People just need to understand that they are going to have to abandon communities.
Competition is the way to go.