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So, recently some fediverse admins (mostly Mastodon) and the founder of Mastodon, Eugen Rochko (Gargron), where contacted by Meta/Facebook for an NDA meeting. We know nothing about it, but we're pretty sure that it was about this project92 thing that Meta/Facebook is creating to "compete" with Twitter.
So a lot of Mastodon admins already singed a pact to immediately block any Meta/Facebook activity in the fediverse as soon as it comes up. My Mastodon instance, fosstodon.org hasn't singed that pact and I'm pretty worried.
The following image is an screenshot of Gargron and dansup (creator of Pixelfed) talking about this. These posts were deleted, even from the wayback machine.
And that's probably the wiser assessment, given their other activities. Here's the relevant part of that NYT article.
Meta open sourcing their AI is great and hypocritical at the same time. Like yes we agree that AI shouldn't be controlled by a couple of powerful American companies, but we still need to have full control over the algorithm that literally manipulates users internationally on a daily basis.