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this post was submitted on 05 Jul 2023
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They'd probably attract more people (even people that are here right now) before doing so. Thus creating another centralized platform.
If the Threads product was so superior, and Mastodon so unable to respond that millions would leave Mastodon - sure. I doubt it though..
You’re severely underestimating the budget Meta can throw at this. Mastodon/Lemmy/etc. right now are largely volunteer-run as opposed to full-time employees.
That argument suggests open source products couldn’t possibly compete with a closed-source alternative.
They can compete of they have the manpower to do so. Lemmy has literally only 2 devs. How many devs can Meta pay to work on Threads and outpace it?
Threads isn’t a Lemmy competitor - it competes with Mastodon
But they can easily implement Lemmy-like features on it or make another sister-app. It isn't hard to bruteforce such things when you have that much money and developers
I wouldn't underestimate them though. After all, they own some of the biggest social network platforms on the globe and have the formula to hook people up down to a t.