I did the following on Jerboa
Having said that, there's probably a simpler way to do this. Still early in the learning process.
Seconding Lemmur rhymes with Lemmer of Christine Lemmer-Webber, one of the authors of the ActivityPub protocol
Fediverse will go through what Linux went through. Be seen by businesses as an existential threat. Then face FUD and EEE campaign.
One day, likely earlier than Linux witnessed the rise of RedHat, Google, Facebook as prominent businesses that became poster children for Linux, new or existing businesses could be built around and/or on fediverse. They may as well come together to form an ActivityPub foundation similar to the Linux Foundation for all we know.
Email went through similar trajectory too. SMTP, IMAP, pop are are open protocols. Yet we have a sort of oligopoly on email.
Similar to how Windows did not die away because Linux came along, existing social networks may remain in existence. The availability of fediverse as an alternative would keep them busy
Nor does it look great...
In the video, and in the blogpost that is effectively the transcript of the video, he clearly states that though locking away the source code is within IBM's or RedHat's rights.
What seems to have done it for him is, the subscription terms and conditions that prevent redistribution of source code by subscribers or else have the subscription revoked. This is what he argues as being borderline illegal and that RedHat could be banking on the army of lawyers on IBM's retainer.
And, knowing Oracle, what is to stop them from becoming a subscriber? That way, RedHat has a poster child of a subscriber, Oracle gets access to the code which they can and most likely will, with their own army of lawyers, repackage and publish as Oracle Linux. Admittedly this is my cynical take on Jeff's.
Time to start debating moving more projects under GPLv3 or AGPLv3 which demand more innovative ways to run a business than what IBM is doing.