Centralised social media did, and is, doing extremely well by most metrics.

Such as censorship (everywhere). shadowbanning (X), ownership by an egomaniac slyster (X), blue badges (X), and being ganged up on (reddit). i’m ignoring platforms for addicts such as tiktok, youtube, and instagram.

You seem to be under the misapprehension that these large social media companies are operating for your benefit.

A strange notion to hold.