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I’m not so sure this is a decline of social as much as decline in the control of large corporate interests. Lemmy is getting going well from what I can see. There will be issues but Reddit did as it grew and Twitter made the fail whale meme for their issues. The internet was pretty awesome in the 90s when none of these large companies even existed.
I mean I am excited for the potential the fediverse has, but I do wonder how long until it becomes enshitified too. Every great new invention that serves the needs of the people always goes downhill at some point. Remember that television networks used to be an amazing platform for all our needs.
The nice thing is that if things do become shit on one instance, the rest just disconnect. The lack of total control over the system by one entity ensures that there is no complete capture to enable the enshitification from taking root and destroying what is good about it.
I am hopeful, but I am cautiously sceptical. I remember hearing about cryptocurrency taking off in 2011 and all about how it was decentralized and was immune to corruption etc and then a decade later seeing SBF types in the news.
The difference here is that there is no supposed or even desired value from the people participating here. We're not all trying to get rich off of this, nor are we trying to replace all forms of communication here like many crypto purists wish would happen with Bitcoin replacing the dollar. Nothing rides on this being a success, perpetual growth isn't necessary, and defederation doesn't mean that our communities wouldn't still have worth to us.
You don’t seem to really understand the word enshitification. It’s not just “things getting shittier” - it refers specifically to the capitalist pressures that are exerted on private platforms and services that need to chase investor capital to scale and survive. The reason enshitification happens is because they are operating under a model that needs to first entice users with a high value product that is subsidized by venture capital, but that when that dries up the pressures come first to appease the investors at the expense of the users and then the owners at the expense of the investors. Fediverse for all its croaks and groans in these early stages is specifically designed to be decentralized and scalable by small clusters of users. It’s user owned and managed. When one cluster shows signs of degrading, you can move to another. I’m bullish on fediverse and decentralized platforms like this on being that solution and it’s not clear yet that they suffer the same inevitable enshitification that legacy platforms do.