I'm fairly new and don't 100% understand it yet, but instances are run on servers that require money. Are we heading towards seeing ads or subscriptions to raise funds instead of relying on donations to cover overhead?
Especially with the influx of new users. Hardware upgrades are needed.
The Fediverse as a whole cannot be monetised, censored, or taken over by hostile entities.
Individual instances can, but they are only part of the whole and not the whole thing, so instances of Elon Musk or Steve Huffman simply cannot happen on the same scale.
As a fun fact of the day, Wikipedia subsists entirely on charity, so it's very possible to run things using this model if you provide enough value and transparency for people.
Yep. I don't get why it is so hard for people to understand that non-profits CAN sustain themselves from donations. There's so much brainwashing and gaslighting by corporations going on that people start to question everything outside of the ultra-capitalist system, even the most basic and genuinely nice human interactions are doubted
Yeah it's weird, there's plenty of examples of what people would consider "profitable" non-profits: For example Mozilla Thunderbird pulled US$6 million last year in donations alone, with the average donation being US$21, I think.
Mastodon, another non-profit, while not quite as lucrative, pulls in around £24,000 a month on Patreon donations alone, not counting any outside sponsors or Open Collective donations, and so on.
However if reddit decided they want to plug the leak, if they offered $1 million to the admins of sh.it.just.works and lemmy.world and beehaw, if they accepted, reddit could then defederate the three largest instances from everywhere and Lemmy would basically have to start from the ground up again. A lot of users would probably not bother making an account elsewhere as they may feel it not worth it since it could happen again.
Brave of you thinking that I don't have multiple Fediverse accounts. Buying those instances would be worthless, since users would just migrate to a different instance, even easier than moving from Reddit.
Lemmy wouldn't have to start from the ground up. They would already have all the source code and instances, a potential userbase who was already convinced not to let these people control their social networks, who already have the frontend installed on their devices, is already used to the interface and features of the app. Even if Spez were to do this, other instances would be built and in the long run it would be a financial hole.
Another possibility is that a big corporate will dedicate a dev team to make their own FOSS fork of the Lemmy codebase that, due to its rich feature set and support, becomes THE version of Lemmy to use. Kinda like Meta and React (though React was originally fully internal to Meta, you get the point). Of all the big companies to do this kind of thing, Meta would be the best, imo, given how they've been with their AI models and React, but I still don't like the idea given what we've seen happen with Red Hat.