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This is a most excellent place for technology news and articles.
Mastodon's CEO, apparently.
That is a stunning display of naïveté.
Can you give more I go on what you think will happen instead? I don't doubt it's naive, but it was my first impression. However, trying to extend skepticism to this, I guess the scenario is that threads federates, uses existing community to grow, becomes significantly larger, then starts creating proprietary protocols to draw users to its own app then enshittifies it.