I'm not really posting here yet, because I don't yet see how bluesky will have an outcome any different to twitter's. AFAICT there's no known plan for profitability or even sustainability, so no way that I can see to avoid the exact incentives that made twitter what it is.
I'm a firm believer in incentive structures, and so far I see a big gap re: how will bluesky sustain itself long-term? Unless that's answered, we have to assume the default answer: VC funding, which inevitably leads to twitter-alike behavior.
while we were (mostly) okay with being able to see who liked an individual tweet, quite a few privacy and security folks at twitter considered the “full like history” to be perhaps its biggest foundational design mistake.
it has ruined a _lot_ of lives and careers.
In particular, I'm curious because depending on the PBLLC's home state, a big enough chunk of shareholders (2/3 in Delaware) can alter the public benefit objectives. So, knowing who effectively owns bsky feels important to understand the risk of future ethical drift.
For all the issues the fediverse has (and it does have them), it has an understandable sustainability model that does not lead back to being twitter. It's a fragile model, undergoing growing pains... but I can see how fedi can sustainably continue to exist.
We'll see if bsky follows suit.
Still cheering loosely from the sidelines, because I hope answers do emerge... But until they do, this site is running on borrowed time and the high of not yet being big enough to require the policies and behaviors of twitter to survive.
A lot of the excitement seems to be "bluesky is so much better!" but that can be entirely attributed to being smaller. The new moderation guidelines are just one example of the growing pains that lead straight back to being Twitter.
A bit more digging: bsky is a Delaware PBLLC, which is one of the places where PBLLC public benefit objectives have teeth, which is good.
Also found a statement from Dorsey that twtr doesn't own bsky, despite being (afaict?) its sole funding source. So, what _did_ twtr get in return for funding?
Some UX feedback: the "X followed you" notifications don't have a "follow back" button, which makes it a bit tedious to do so. This is especially important in this early "bootstrapping" stage, where a bunch of my social network is joining and so I need to follow-back a couple dozen people at a time.
Learning more about Bluesky, and TIL PBLLCs, which balance public benefit against shareholder financial interests. Neat!
Curious though: Bluesky's PBLLC blogpost says initial funding for the PBLLC was provided by Twitter in 2021. So... what's the current ownership split of bsky?