I've upvoted this post just because I appreciate that it's making people talking about it and present forward different reasons why this is not a good thing. Thanks for asking your mind to be changed.
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You miss the entire point, its mostly about EEE
https://en.wikipedia.org/wiki/Embrace,_extend,_and_extinguish
I'm aware of the EEE argument. It's just not valid in this instance. Let's follow the EEE argument. Facebook extends the capabilities of activitypub and makes third party users no longer compatible. Then what? We're in the exact same place we are now, Facebook having a wall garden and the rest of the fediverse doing its own thing.
You arw too optimistic, there is always a way, and it will probably not replace lemmy or kbin but maybe mastodon or any other healthy ActivityHub service. The danger is there, just because you don't know the answer to the the real danger doesn't mean there is no danger.
Facebook (or rather "Meta") has a buisness model, and its there to damage us all, grow into infinity and be the number one. They will become creative and always take an unhealthy turn whenever its possible.
With very little probability it may become an utopia where everything will be nicely federated and still Open and Open Source. With high probability they will focus on full destruction to gain the most money out of any situation.
I really don't see the problem. I won't be signing up to Threads but I will happily follow Threads users from my Mastodon account if I like their content.