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The fediverse is not a single database or server. It's a protocol and standard that's distributed by design. The fediverse as a whole cannot be centrally monetized, just like email can't be monetized. A single provider could potentially choose to try to monetize either by requiring a subscription or showing ads, exactly like email providers do, but if you ever feel like they've stopped providing a good service you can just switch to another instance just like you can switch to another email provider.
Unlike a centralized service like Reddit, you're not locked into a monopoly. Switching instances does not lock you out of the system as a whole, just like you can still receive email if you switch to another provider. With Reddit you can only access the platform through Reddit because it's a closed source centralized monopoly.
One thing the fediverse seems to lack as far as I can tell is a way to link accounts, like how you can set up forwarding with email, which helps you switch providers. But the protocol and standard is still being developed so maybe that's something that can happen in the future
A point of caution:
A large company absolutely could come in and absorb the majority of lemmy traffic and build proprietary code and features on top of the main protocol, eventually making the open source protocol obsolete and supplanting it as a paid/closed-source service. It has been done repeatedly by tech companies, and it is the main reason many people distrust Meta's interest in joining the fediverse.
For all the reasons you just mentioned, we should fight tooth and nail against that from happening, but we should at least be aware of the threat.
I haven't read a ton about it, but isn't this what Meta is potentially going to do with Thread?
That is the worry, yes. There's very little incentive for them to join the fediverse as a for-profit company otherwise.
I think there are benefit of killing twitter, mocking el*n and skirting europe regulation on moderation laws. But the worry is there, I hope the devs stand their ground and rejecting any doubious modification from meta on fediverse protocols.
Please don't start obfuscating words. Elon.
standing our ground means defederating any and all meta servers as soon as they're identified
I'd be surprised if there's more than one Meta instance, as "multiple instances" tends to make the UX more confusing for those who are unaware of it. So it shouldn't be hard.
they'd abstract that away for their users, they won't know or care. And if one instance gets blocked, they'll just spin up a new one and migrate the data. Meta users won't have to think about the whole fediverse aspect of it because it they had to, it would never get off the ground. So meta has to abstract it away or it'll be DOA. Which means we have to keep blocking any and all meta instances when they're identified as such
Yes but you need to sign their NDA to be sure.
What's the background on this?
Zuck did an interview talking about how they were looking at doing a spinoff of Instagram, using Fediverse, for text based social media. Basically a competitor to Twitter. Rumor mill says it’s call Thread, or maybe he said that in the interview, I can’t remember.
I deleted the wrong comment, but responding here. I was thinking Thread like the home automation standard all the big companies are doing together. Figured Facebook was in on that. I did hear about the Fediverse entry though, just missed the name (which I bet they won't use).