[Inquiry] How does BlueSky make money?

https://lemmy.world/post/44440320

[Inquiry] How does BlueSky make money? - Lemmy.World

Is BlueSky actually legit? I got rid of Twitter, Threads, Instagram, LinkedIn, Reddit, Discord, and as much of the Google Eco as I can right now. I have both Lemmy (obviously) and Mastadon. BkueSky was always a question mark for me. It’s not federated and it doesn’t show ads and it doesn’t ask for a subscription. Color me a cynical fuck; but, I am wondering if BlueSky is legit enough with privacy and surveillance. Anyone smarter than myself able to give me some guidance?

It’s a typical commercial social media play:

Give away free platform use, in order to build up user base so it’s big and sticky enough to either:

  • Enshittify - Place obnoxious ads, sell users’ data to advertisers and sell content to AI.
  • or

  • Get bought out, by a bigger social media company, e.g. Meta/Google/Whatever, or get bought by a billionaire with an agenda, e.g. Musk/Xitter.