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I think that activityPub is different from what happened with XMPP. XMPP was a niche product at that time so after Google stepped out, only a disrupted niche reamined.
Here we are a lot of users on our own. If meta starts to do their own implementations of features too difficult to replicate (EEE) or they decide to stop using activityPub, we'll be fine on our own again.
Anyway, https://ploum.net/2023-06-23-how-to-kill-decentralised-networks.html
The Fediverse is a niche product too, frankly.
And the disruption is the problem. The whole point of EEE is to choke growth of competition.
How is ActivityPub and the Fediverse insulated from this?