What made everybody move from a corporate social media platform to another corporate social media platform instead of the fediverse?
After all, the Fediverse and Activitypub is much more mature than Bluesky and the copycat AT protocol or Threads and … whatever they use.
I don’t disagree with your points but I think they apply to pretty specific groups. I doubt that the average person knows or cares that Bluesky is a PBC. The reaction of the average person to ‘open source’ is probably, “I have no idea what that is and please for the love of god don’t explain it to me.”