Hello, compatriots! I’m new here (joined a few hours ago) I’m more than glad to become a part of what is referred to as the ‘new face of Reddit’. What brought about my joining was my search into the Fediverse after Threads come out with the promise of being a part in future iterations of the application. With the take over of Twitter which left many disgruntled leading to the masses at Mastodon (of which I’m one) and Threads coming up strong just at the nick of posing a stern, I can only but imagine what the future holds Decentralisation and Web 3.0 seems to be the direction we are steadily heading though its development has taken a dip over the years. I’m glad to be a part of this and would love to see what becomes of the new developments and the Fediverse!
Long live the Fediverse, Long live Lemmy!
The pessimistic take is that it’s part of Embrace, Extend and Extinguish. As well as the examples there, look up how XMPP ran into problems.
The more optimistic take is that they feel that they can add sufficient features and convenience that they’ll be able to poach Fediverse user’s back into their now partly walled gardens. I like to think it will go the other way and the most active users will realise that giving all their stuff to a faceless megacorporation for free is a bad deal and they move over here. Easy for Twitter and Instagram users, not so easy for those on platforms that give you a cut of the revenue you generate for your overlords. Hopefully, alternate sources of revenue would make up for it but it likely won’t beyond the big stars.
I tend to side with you here. The reverse is mostly likely to happen with many seeing the danger in the monopolistic game and siding with this side that gives users more control over their data. Talking of revenue, which possible way can the Fediverse be profitable to businesses since advertisement and targetted marketing goes contrary to the core concept and that has been the only known way?