This is the problem with modern social media in general. It's no longer about being "social," and all about trying to make a buck. Every time someone complains on Mastodon about their "engagement," my eyes roll.
Fortunately, corporate social media seems eager to cut its own throat: https://www.nbcnews.com/tech/social-media/elon-musk-twitter-mark-zuckerberg-changes-facebook-social-media-tech-rcna89766
This is why I use a paid host for Mastodon. Six bucks a month gets me my own instance with a custom domain and full admin rights.
There are three of us on said instance, and only two of us are active. It's easier to build a consensus that way. Absolutely none of us want to federate with anything Meta/Facebook. I preemptively blocked threads.net yesterday. To quote Khan Noonien-Singh:
"Let them eat static."