The biggest problem Lemmy has is funding, and that's going to be a continual problem.

But it's like this. Corporations can enter the space and offer their content/servers/communities for free, and people can use those servers. If people want to be on corpo servers, they can choose it, if they don't they won't be on one.

If corporations start charging for server, then the other Lemmy servers just don't pay and restrict access to those servers, people will choose if they want to pay for Lemmy (and go to Lemmy servers who pay, or the corpo servers) or more likely accept it and stop.

But like I said the problem is funding, there needs to be continual funding to run the servers they have, but I believe the goal will be to keep the servers from being bloated pieces of shit like Reddit, and hopefully that means they will be cheaper and maybe can be done through donations.

As for "Can't they buy out." Let's say I'm bad guy business, and I'll simply offer to hire you or buy your business, you never actually have to work for me, or sell me your business. The only reason something like Activision will sell their business is because Activision because Activision wants to, or really a majority of share holders want to.

Lemmy.world is owned by something or someone. If they don't want to sell to a corporation they can just choose not to. The problem is Reddit is owned by shareholders, and enough shareholders that they can be taken over.

If someone has 51 percent of reddit (Conde Nast) and someone offers A LOT of money for Reddit, they can still say no... though Conde Nast as a corporation itself has share holders themselves so if they did something stupid (Ignoring an offer for like 2-10x the valuation) those share holders are going to question it... That doesn't mean Conde Nast HAS to even take a 10x valuation (if they think the site is worth 20x, they obviously wouldn't) but that's why Reddit is able to be bought since they have to answer to the share holders and Lemmy theoretically could stay non corporate.

Technically it's not since any corporate entity could set up an instance and join the Fediverse, there's nothing to stop them. However they could get blacklisted by other instances for whatever reason. For example if Meta were to set up a giant server and plop it on the fediverse, all the admins could collectively say screw those guys and defederate them across the whole thing.

So in that sense there's no one corporation that could take control. The community is and always will be collectively in control. The philosophy of the Fediverse is FOSS so if a corporate entity tried to monetize an instance, other admins would be pretty quick to block it.

Well I think we're just about to see, since Meta are about to try something funny.

I fear that simply having all instances agreeing to not federate with Meta won't be enough, we need something stronger to shut them out, something analogous to copyleft that could enforce a level of openness - but I don't think we have that. I really hope I'm wrong, I really hope Meta fail with all of their endeavours, but it is a worry.