In short, when too many cooks are in charge, it’s hard to make a good meal. Take content moderation, for example.
The take that Fediverse moderation is “not as effective” always makes me smile, because:
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The moderator-to-user ratio is several orders of magnitude better on the fediverse because volunteer-run instances have zero incentive to grow beyond their ability to self-moderate. But also-
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Do you really expect that paid employees (or even trained AIs) are going to be more effective at recognizing who/what is disrupting a community than existing members with a personal stake in it’s quality?
Also, as aside I am very happy they said “Bluesky, if it manages to become truly federated” and not the “promises to be” or “is federated” language we usually see.
Generally it’s been an overall positive experience.