Let’s see how that works out for them.

Judging by the comments you get if you suggest switching away from Reddit, Reddit will do very well. I won’t be there, but they’ll be successful even if the site goes more to shit.

Meta will try to have good content. Then they’ll add features rapidly calling them “standards”. The open source community won’t be able to keep up. Meta content will not work fully on Lemmy and other clients. People will migrate to meta controlled instances to keep the good content. The open source and community versions will end up being a pain and only for the true believers like Linux desktop.

No, but they both work for the same people.