I think they’re already too big to fail. They captured the entire market. There’s no real competitor with any kind of noticeable fraction of the market share.

The closest thing to a competitor are business products similar to slack or teams. None of those have anything close to feature parity like high quality streaming at no cost.

I would gladly host something myself, but I can’t do it all. IMO this needs a lemmy equivalent with decentralized hosting or something.