This is actually an indication of how bad it really is.

Compared with someone who really is part of the elite, everyone who isn’t a millionaire is bottom of the ladder. You can own properties and go on global vacations and still be part of the poor class

If you would take the total estimation of combined US citizen owned money and redistributed evenly per household then every single US household would have over a million.

There is a common fear that socialism and redistribution of wealth implies you will end with less because most people believe they are better off then the majority and don’t want to share, just think about how twisted the people that propaganda comes from must be if a theoretical million is perceived as losing.

The youth will find different places.

People who are woke towards surveillance and keeping their identity safe will stop using these services and find different places.

Whats left is a mass of users who all demonstrate a vulnerability towards their identity and thoughtless compliance.

If you where a scam artist and where looking for potential victims, you are more likely to find them on Facebook then on Lemmy.

If a sick but privacy aware person preys on kids, are they going to look on mainstream secured platforms or are they going to find those new places the youth are going to?

If a government wanted to make social media less powerful and keep the threat of shared social unrest under control without without relying to much on banning and directly excluding users, would it not be convenient if many of those critical voices chose to stay away or silent in order to not expose themselves?