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@aral "Save Social Media From Billionaire Capture", followed by a lineup of what appears to be very rich silicon valley people.

Can multi-millionaires save us from billionaires? The mind boggles.

If BlueSky becomes a non-profit and ditches VCs and AI grifters, and makes the protocol genuinely federated, then maybe it has a future. But it's not looking like that's going to happen. Expect at some point BlueSky to get rug pulled and there be an exodus of the casualties into the ActivityPub fediverse. To these rich people the social web is just another hype machine to be pumped and then dumped.