There's lots of hype about the Fediverse, and I'm getting kind of leery.

Hype can be good, but it can also be bad.

There was hype for the Steam Deck. It was good.

There was hype for NFTs. It was bad.

Yes, I believe the Fediverse is the future of social media, as well as the web. But this is not a sprint, it's a marathon.

Lots of things need to be built. Projects require more funding. Design decisions need to be considered with empathy, not with "move fast and break things."

I'm thinking about hype because I'm seeing a lot of business-y types talking about the Fediverse.

A few months ago, I mentioned that investor types have the Fediverse on their radar. They're not actively dropping millions into Fediverse startups, but it's definitely on their radar.

Most of us have high and lofty ideals. But there's sharks who are eyeing the Fediverse and thinking, "Ah, another opportunity for disruption."

Keep that strongly in mind when the buzzwords start flowing.

Some folks might be thinking, "You're just being anti-business! How are Fediverse developers supposed to be paid?"

As it happens, I run a business. I build software. I very much talk about the need for developers to make a sustainable living.

And I've indeed talked about how to best monetize the Fediverse.

Here's where I say the quiet part out loud: the Fediverse is already being monetized.

Mastodon accepts donation. Masto.host charges for hosting. A few devs are hired for theming.

Usually when a slick-haired moccasin-sans-socks-wearing business bro with an MBA talks about "disruption," he's really talking about preserving the status quo for web service monetization: ads and SaaS.

That's pretty much what they're trying to bring to the table. This time, I predict the proposals will be, "How to apply ad and SaaS models to the Fediverse."

But maybe instead of preserving old models, we should think about something different.

Perhaps Silicon Valley should sit this one out.

@atomicpoet how do we stop this going the way of email? Decentralised —> Centralised

@gwilymgj @atomicpoet I don't really see that as a huge problem *as long as* federation remains important enough that major players don't feel comfortable turning it off. It's fine if big player arrive. Even commercial players.

Even if at some point in the future *most* users are on those kind of instances at some point, as long as federation remains necessary to the big player, it acts as a safety valve.