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If everyone was spread out onto different instances, and communities were based all over the fediverse, the decisions of one instance would be less impactful.
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this post was submitted on 15 Aug 2023
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Their "power" would be relative to other lemmy instances, not absolute.
The comparison to reddit isn't really fair, as by the time they were getting thousands of subs with more than 127k subscribers, they had been bought by Conde Nast, and were also making money through ads.
These servers don't just magically run for free, someone is paying for it. And I don't know about you, but I don't want lemmy to change in order to appear more appealing to advertisers.