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As soon as Lemmy instances are unsustainable out of pure interest for the concept of the Fediverse. I doubt there will be subscriptions, first it'll be donations, and then some instances may have ads. It's an inevitable that both will happen (either on the same instance, or some instances opting for donations to stay up, and others opting for ads to stay up). No one can run the servers necessary for this platform out of pure charity; the bill for the Fediverse is going to be due someday, and it has to be paid.
This is inevitable as well.
A user base as large as Reddit has an infra bill in the tens of millions. And that's mature, with cost optimization at all levels to reduce compute, static content costs, more effective caching....etc
Lemmy instances are probably an order of magnitude more expensive to run on a per-user basis, at least.
This means the bill for the Lemmy fediverse if it had the active user base of reddit could be conceivably be near or over a collective $100mill/y with the majority of that just being a result of fragmented, high cost, infrastructure running a (at scale) low performance application.
That's easy to fix. There's a ton of new fediverse apps popping up. Just charge them an API fee.
You can't do that, the fediverse and Lemmy software doesn't work that way.
What about some sort of equity load balancing shenanigans? Small instances take on some load roughly equivalent to what they use from other instances or something. In another comment I was talking about funding instances and being able to rapidly iterate funding methods. One issue is they get value from the federation, so contributing all or some portion of what you use may be fitting.