There was a lot of debate about this when the reddit exodus happened in 2023. I initially joined then and have stuck around since. Something that was said a lot back then that I agree with is that Lemmy doesn't have to compete with reddit. It's alright for this corner of the internet to exist and not be the single dominant one.

If someone makes a reddit clone somewhere else with more liberal admins, good for them. I wouldn't be going there. The fact that Lemmy is sectioned into servers is part of the appeal. I'm glad that I can be part of a server with very progressive administration. I would never get this level of moderation and support from any other social media. I'm fine with that meaning that uninformed people who just want to doom-scroll are less likely to come here.

We have seen growth periods time and again when problems arise with private social media companies. Each time, a little more people from the initial wave join for good. I think that's fine. Most lemmy servers are run for free by people who just believe in what we're doing here. We can always add more servers, but we can't handle the kind of traffic that reddit handles. We're entirely dependent on dedicated people investing large amounts of their time to create and maintain these spaces for us.