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It’s not about any business model. It’s about killing competition. https://ploum.net/2023-06-23-how-to-kill-decentralised-networks.html
This is exactly it. They’ll dump a few billion new users on the network and then graciously offer some developer time to Mastodon, Lemmy et al since there’s no way they’ll currently be able to take the sort of loads we’re talking about.
Might even offer to host your Fediverse instance for free, as you struggle to deal with the load caused by activity going up 1000x